Posted on 12/05/2008 1:51:16 PM PST by NormsRevenge
(AFP) – The price of Brent crude oil slumped to 39.77 dollars a barrel in trading here on Friday --
(Excerpt) Read more at news.yahoo.com ...
I'd fill 'er up!
ap just popped a piece
Return to $1 gas? Energy prices evaporate
http://news.yahoo.com/s/ap/20081205/ap_on_bi_ge/oil_prices
Just make sure it’s well camoflaged. ;-)
The only way OPEC is going to get oil to go up is for them to turn off the spigots. It might happened then.... LOL...
Excellent. My commuting costs have dropped back to normal.....finally.
From Three Dog Night
Celebrate, celebrate, dance to the music
Celebrate, celebrate, dance to the music
Celebrate, celebrate, dance to the music
Racism! Those poor oil sheiks......and not to mention Chavez!
Yeah, it says...
A gallon of gasoline can be had for 50 cents less than it cost just last month, and people are starting to talk about $1 gas.
Granted, gas prices are a long way off from that magic number last seen in March 1999 when prices were at 97 cents a gallon, according to motor club AAA. Prices at the pump fell 1.6 cents overnight to $1.773 nationally, according to AAA, the Oil Price Information Service and Wright Express.
But consider what has happened since July 11 when a barrel of oil hit a record $147.27 and a gallon of gas was $4.117 on July 17. In less than five months, oil has fallen 72 percent.
I think it’s very possible for gas to get to 99 cents a gallon in Oklahoma, at least. It’s already ranging from $1.40 to $1.44 a gallon (for the lows) in various parts of the state. Below $1.00 a gallon could be by just before Christmas — a nice present....
I sent out some birthday flowers last week via ProFlowers.com. They added a $1.93 “Courier Fuel Surcharge” to the bill. They probably started doing that when gas rose above three bucks a gallon. Now, when it’s half that price, the surcharge is still there. I wonder how many other companies are profiteering in this manner. Are the airlines still adding a fuel surcharge?
Makes our upcoming Reno trip look like I’ll have more to donate to the casinos than usual. :-)
I still think $10/bbl is appropriate.
And how will the MSM get through the winter without sob stories about heating oil prices?
Time to install a backyard tank, if your locality and state allows. This price will not last. We’ll be right back where we were, and then some, as soon as things get rolling between Israel and Iran, very likely before January 20, 2009.
Goodness I hope not. TX and LA are the only strong states left.
bump
bump
“And how will the MSM get through the winter without sob stories about heating oil prices?”
Amazingly, heating oil here in Mass. is still hovering around $2.50/gallon. Heating oil is less refined and historically cost less than gasoline. What gives?
Same can be said about diesel.
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