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Oil prices rise to record above $98 a barrel
AP via Houston Chronicle ^
| Nov. 7, 2007, 6:23AM
| GEORGE JAHN
Posted on 11/07/2007 5:42:44 AM PST by thackney
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To: thackney
Christmas time is going to find many trees sitting in living rooms with 40% less gifts than last year. Everyone I know is practically working 2 jobs or working more overtime than they ever have and their gas budget has a lot to do with it.
To: My Favorite Headache
I wonder how long it will take Florida to realize high fuel price mostly affect selective spending like travel?
No offshore oil rigs are going to be cutting into the number of vacationers traveling.
42
posted on
11/07/2007 6:57:27 AM PST
by
thackney
(life is fragile, handle with prayer)
To: thackney
Waiting for it to effect Disney and tourism...I expect it will trickle down in 60 days or so.
To: Hydroshock; mtnwmn
HELL WHAT IS REALLY BAD WE HAVE NOT EVEN STARTED ATTACKING IRAN OR SYRIA YET, NO TERRORIST ATTACKS ,BOY ITS GOING BE REALLY BAD WHEN THE MIDDLE EAST GOES UP AND IT WILL GO UP $100.OO WILL BE NOTHING THE JOB MARKET WILL SINK LIKE THE TITANIC.
44
posted on
11/07/2007 7:03:22 AM PST
by
MATSEVAH
To: thackney
They are just next door. Can they deliver more? Or, why aren’t we getting more from Mexico?
45
posted on
11/07/2007 7:07:01 AM PST
by
mtnwmn
(mtnwmn)
To: mtnwmn
Can they deliver more? Not really. Their refinery capacity is about 75% of their own consumption.
46
posted on
11/07/2007 7:12:35 AM PST
by
thackney
(life is fragile, handle with prayer)
To: MATSEVAH
I WAS JUST WATCHING FOX NEWS AND THEY WAS SAYING A BIG GURU WAS SAYING $100.00 OIL WAS NO PROBLEM
Yeah, I've heard that a lot around here, too. Maybe when people like me and the rest of the lower middle class stop buying tons of imported junk this holiday season, it won't be a problem for the gurus.
47
posted on
11/07/2007 7:18:13 AM PST
by
mysterio
To: Hydroshock
Where are all the FReepers who keep claiming that in regards to crude prices, the 'bubble is going to burst any day now'?
I've been waiting a long time for a sign, but crude prices continue their relentless climb into the stratosphere with no apparent end in sight.
48
posted on
11/07/2007 7:19:49 AM PST
by
reagan_fanatic
(Ron Paul put the cuckoo in my Cocoa Puffs)
To: thackney
What? No screaming headlines or massive political posturing and Congressional outrage, investigations, and promises to "fix" this oil-fueled gang-rape of America? That's what happened last year before the elections, when the GOP ran the House and Senate!!
Oh, wait a minute. I think I get the picture now. Never mind.
49
posted on
11/07/2007 7:45:30 AM PST
by
Gritty
(Permanence is the illusion of every age - Mark Steyn)
To: thackney
Could they add on to create more capacity?
50
posted on
11/07/2007 7:49:18 AM PST
by
mtnwmn
(mtnwmn)
To: thackney
Wait until the Saudis and others reject the American dollar.
51
posted on
11/07/2007 7:50:46 AM PST
by
ZULU
(Non nobis, non nobis Domine, sed nomini tuo da gloriam. God, guts and guns made America great.)
To: mtnwmn
Sure, just like the US is expanding our capacity. But it takes years, even when you don’t have the EPA to answer to. Pemex, which is owned by the Mexican government, has been taking most of their profits and spending it on their social programs. Far too little is being invested into infrastructure. And foreign or private investment is illegal.
52
posted on
11/07/2007 7:52:10 AM PST
by
thackney
(life is fragile, handle with prayer)
To: Slapshot68
53
posted on
11/07/2007 7:54:18 AM PST
by
Rummenigge
(there's people willing to blow out the light because it casts a shadow)
To: My Favorite Headache
“Everyone I know is practically working 2 jobs or working more overtime than they ever have and their gas budget has a lot to do with it.”
I bet they still drink bottled water, stop at starbucks and do not carpool. Gas prices are not high enough for people to actually start to change, but they are high enough for everyone to complain about. I just love it when they interview some gas station customer about gas prices and he is standing their with a couple of bottles of water as he complains.
54
posted on
11/07/2007 8:24:52 AM PST
by
CSM
("Dogs and beer. Proof that God loves us.- Al Gator (8/24/2007))
To: Rummenigge
To: mysterio; ex-Texan; Hydroshock
56
posted on
11/08/2007 1:08:24 PM PST
by
M. Espinola
(Freedom is never free)
To: M. Espinola
57
posted on
11/08/2007 1:12:33 PM PST
by
Hydroshock
("The Constitution should be taken like mountain whiskey -- undiluted and untaxed." - Sam Ervin)
To: Hydroshock
There are four houses which must be flipped by the weekend, so I will require four of those Ditech ultra-sub-sub-prime loans :)
58
posted on
11/08/2007 2:31:59 PM PST
by
M. Espinola
(Freedom is never free)
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