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Crude oil prices fall to half of record($73.64: 50% down from peak)
UPI ^
| 10/15/08
Posted on 10/15/2008 6:10:22 PM PDT by TigerLikesRooster
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To: PAR35; TigerLikesRooster; bamahead; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; ...
2
posted on
10/15/2008 6:11:26 PM PDT
by
TigerLikesRooster
(kim jong-il, chia head, ppogri, In Grim Reaper we trust)
To: TigerLikesRooster
The average gas price here in south central Michigan is at $2.94 tonight. The cheapest I’ve seen is $2.84.
Not great but a heck of a lot better than it was.
3
posted on
10/15/2008 6:13:32 PM PDT
by
cripplecreek
(Paying taxes for bank bailouts is apparently the patriotic thing to do. [/sarc])
To: TigerLikesRooster
praise the ford!
we’re paying
much
more than we were when oil prices were the same.
4
posted on
10/15/2008 6:14:14 PM PDT
by
ken21
(people die and you never hear from them again.)
To: TigerLikesRooster
How much effect is this having on the Dow-Jones? Asset devaluation and all that......
5
posted on
10/15/2008 6:14:37 PM PDT
by
stboz
To: TigerLikesRooster
The price at the pump is not in half. I hope this is really hurting tyrant nations such as Iran and Venezuela.
To: cripplecreek
Yeah, it went up 10 cents yesterday.
Big whoop.
7
posted on
10/15/2008 6:15:53 PM PDT
by
netmilsmom
( Obama And Osama both have friends who bombed the Pentagon)
To: TigerLikesRooster
Foreign relations will be all the more interesting in the near future.
8
posted on
10/15/2008 6:16:18 PM PDT
by
familyop
(cbt. engr. (cbt), NG, '89-'96, Duncan Hunter or no-vote)
To: cripplecreek
2.73 here in NE Baltimore
9
posted on
10/15/2008 6:16:57 PM PDT
by
icwhatudo
(PALIN VID=========>>>>>http://www.overstream.net/view.php?oid=n1ronxelmtin<++++++++)
To: Parley Baer
“The price at the pump is not in half. I hope this is really hurting tyrant nations such as Iran and Venezuela.”
It is still well over $3 in central NC. A quick look on a gas finder site shows that $3.16 is the lowest in my town. Most are much higher.
To: TigerLikesRooster
But it was just supply and demand. World demand is obviously now half of what it was this summer... right? Speculators did not have a thing to do with it. I was told that many times by EXPERTS damn it. Right here on this very forum!
11
posted on
10/15/2008 6:19:18 PM PDT
by
TLI
( ITINERIS IMPENDEO VALHALLA)
To: DemonDeac
12
posted on
10/15/2008 6:22:24 PM PDT
by
Humvee
(Beliefs are more powerful than facts - Paulus Atreides)
To: TigerLikesRooster; All
This is no time for complacency. This drop in oil prices will be short lived as we pull out of this slowdown. We still need to drill off coast, open up ANWR, focus on synthetic fuels (liquids derived from coal and nat gas) and CNG vehicles. We need Nuke Plants for the new plug in hybrids as well. And if people can make cellulosic ethanol work without subsidies, fine go ahead but don't use food stuffs.
13
posted on
10/15/2008 6:23:34 PM PDT
by
truthguy
(Good intentions are not enough!)
To: truthguy
>And if people can make cellulosic ethanol work without subsidies, fine go ahead but don’t use food stuffs.
Indeed: People Fuel -> Vehicle Fuel isn’t the exchange we want.
14
posted on
10/15/2008 6:27:27 PM PDT
by
OneWingedShark
(Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
To: TigerLikesRooster
$2.46 in Crescent OK. Whoo Hoo
To: truthguy
Let’s see. Oil was $140 a barrel this summer and gas at the pump as $4.00 plus a gallon.
Now oil is 50% less but I am still paying $3.00 plus a gallon.
Something is not right.
To: DemonDeac
$2.73 at WalMart in NC mtns (Spruce Pine)
To: truthguy
OPEC and the other nations will make sure to keep prices low enough that it would be stupid for us to spend money on things like this.
To: WaterBoard
Something is not right.Heads, we win. Tails, you lose!! Honk if you love Arabs.
19
posted on
10/15/2008 6:33:51 PM PDT
by
stboz
To: TigerLikesRooster
Hedge funds are on a death watch as they unwind and are forced to liquidate oil positions. Other factors too are forcing oil down but hedge fund selling is the top reason
20
posted on
10/15/2008 6:33:58 PM PDT
by
dennisw
(Never bet on Islam! ::::: Never bet on a false prophet!)
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