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1 posted on 09/12/2014 1:47:17 PM PDT by Lorianne
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To: Lorianne

The economy is in the tank, what’s “remarkable” about it?


2 posted on 09/12/2014 1:48:33 PM PDT by 2ndDivisionVet (I will raise $2Million USD for Cruz and/or Palin's next run, what will you do?)
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To: thackney

ping


3 posted on 09/12/2014 1:51:38 PM PDT by Repeal The 17th (We have met the enemy and he is us.)
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To: Lorianne

When tens of millions of people are no longer going to work, it’s pretty simple to understand.


4 posted on 09/12/2014 1:52:13 PM PDT by CMailBag
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To: Lorianne

The slowdown in growth is another indicator of the roaring Obama economy. /sarc


6 posted on 09/12/2014 1:54:42 PM PDT by Cowboy Bob (They are called "Liberals" because the word "parasite" was already taken.)
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To: Lorianne

Yet - still - gas is still about $3.50/gallon around here.

You would less demand = lower prices.


7 posted on 09/12/2014 1:55:13 PM PDT by 2banana (My common ground with terrorists - they want to die for islam and we want to kill them)
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To: Lorianne

Demand destruction for retail gasoline in the US over the last 10 years has been a lot more than remarkable, it’s been beyond belief. On the order of a 40% drop.

None of the dimwits in the political or economic fields has connected that to a deteriorating economy or massive unemployment (neither of which is happening according to the BLS)


8 posted on 09/12/2014 1:56:03 PM PDT by ChildOfThe60s ((If you can remember the 60s.....you weren't really there)
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To: Lorianne

No jobs, no production, no manufacturing, no incentive....


11 posted on 09/12/2014 1:59:55 PM PDT by Dallas59
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To: Lorianne

At $50 a barrel, Russia’s economy goes into depression.


12 posted on 09/12/2014 2:01:26 PM PDT by Zhang Fei (Let us pray that peace be now restored to the world and that God will preserve it always.)
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To: Lorianne

With this news prices should be going down significantly?


16 posted on 09/12/2014 2:06:46 PM PDT by TruthWillWin (The problem with socialism is that you eventually run out of other peoples money.)
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To: Lorianne
Trick headline...."Demand growth"....Kinda gives you the impression that we're going to use less....

not so...and demand growth futures is just a calculated stat...aka a big guess.

Kinda like global warming.

17 posted on 09/12/2014 2:09:10 PM PDT by Sacajaweau
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To: Lorianne

The cheerleaders on CNBC are running out of bullsh**


18 posted on 09/12/2014 2:09:53 PM PDT by headstamp 2
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To: Lorianne

Another Obama First !!!

Gas usage is decreasing because the record number of unemployed people don’t need gasoline to travel back and forth to work.

And even if they did want to buy gasoline they couldn’t afford it because they are dead broke thanks to the O’Conomy.


20 posted on 09/12/2014 2:13:10 PM PDT by Iron Munro ("If you want to test a man's character, give him power." -- Abraham Lincoln)
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To: expat_panama
Warning! Worldwide economic slow down?
22 posted on 09/12/2014 2:25:07 PM PDT by Chgogal (Obama "hung the SEALs out to dry, basically exposed them like a set of dog balls..." CMH)
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To: Lorianne

Oil prices are too low for producers without refining facilities to break even, but gas prices around some tourist areas on the CO Rockies are around $4 per gallon (some profit there).


24 posted on 09/12/2014 2:30:22 PM PDT by familyop ("The Romans and their Empire were but a bauble in comparison to the Jews." --President John Adams)
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To: Lorianne

growth should not be confused with consumption

although the rate of growth declined, there was still growth


25 posted on 09/12/2014 2:32:33 PM PDT by bert ((K.E.; N.P.; GOPc.;+12 ..... Obama is public enemy #1)
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To: Lorianne

In any other industry, this would have prices plummeting. But not in the oil/gasoline business. Our stations just raised the price about a dime a gallon.


27 posted on 09/12/2014 2:57:06 PM PDT by IronJack
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To: Lorianne

Given the length of the obama depression, it may not just be the cost of gas anymore. People may no longer be able to buy, maintain, and insure their cars anymore


29 posted on 09/12/2014 4:48:25 PM PDT by clearcarbon
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