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The World's Oil Giants Got Crushed (stocks)
Business Insider ^ | 11-28-14 | MYLES UDLAND

Posted on 11/28/2014 4:20:56 PM PST by dynachrome

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To: goldstategop
Gas prices at the pump are already $2.25.

Really? $3.10 here

41 posted on 11/28/2014 7:30:02 PM PST by Straight Vermonter (Posting from deep behind the Maple Curtain)
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To: babygene

It’s not a bad thing. Don’t let idiots tell you the fall in price of a commodity is a bad thing.

It may be a bad thing for a few, but a good thing for the overwhelming majority.


42 posted on 11/28/2014 7:32:42 PM PST by Tea Party Terrorist (Why work for a living when you can vote for a living?)
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To: Tea Party Terrorist

Price equilibrium will be a seesaw. That’s boringly normal.


43 posted on 11/28/2014 7:34:52 PM PST by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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To: tcrlaf

And the Saudis are trying to get the Russkies out of Syria. Have been for years. With the West’s sanctions in place, this is the time to go for it. This doesn’t have much to do with our fracking, since the Saudis can easily sell to China. This is about power politics in the Middle East.


44 posted on 11/28/2014 7:36:13 PM PST by henkster (Do I really need a sarcasm tag?)
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To: Tea Party Terrorist

“It’s not a bad thing.”

That was my thought as well. Gas has dropped 20% in the last 6 months. That’s like almost everyone getting a big raise...

Sounds like a good thing to me. I’d like to see it go to $50 a barrel.


45 posted on 11/28/2014 7:57:59 PM PST by babygene
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To: nascarnation
oh HELL yeah...
46 posted on 11/28/2014 8:16:13 PM PST by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -w- NO Pity for the LAZY - 86-44)
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To: 1010RD

yes but i don’t do stocks any longer. only MF’s and i am not long on any MF i can buy.


47 posted on 11/28/2014 8:17:19 PM PST by kvanbrunt2 (civil law: commanding what is right and prohibiting what is wrong Blackstone Commentaries I p44)
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To: nascarnation

Just imagine it with COPs, direct injection, variable cam timing and twin turbos.


48 posted on 11/28/2014 8:36:51 PM PST by ROCKLOBSTER (Celebrate "Republicans Freed the Slaves" Month.)
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To: Captain Peter Blood

“They can only go down so much at the pump when you figure in the Federal, State and Local taxes on a gallon of gas.”

Are those taxes not based on a percentage? In that case the tax goes down too...


49 posted on 11/28/2014 10:06:27 PM PST by babygene
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To: ROCKLOBSTER

I see all these small block Chev & Ford in hot rod mags with 2 turbos, 1000 horsepower.
Amazing stuff.
In my old age, 500 hp would be enough to make me pee my pants LOL.


50 posted on 11/29/2014 7:48:30 AM PST by nascarnation (Impeach, Convict, Deport)
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To: nascarnation

Long ago I lost the believe that “there ain’t no substitute for cubes.

When they made Caravan and K-car turbos as production cars...ugly as they were...it got my attention. I saw a Golf at a car show, aftermarket turbo, dynoed at 300HP.

With our past experience of $4 gasoline, why the hell would anybody want to feed a big block daily driver? Especially when you could have a raging tornado under the hood, which reverts back to a mild-mannered fuel-sipping little kitten when you take your foot out of it...not to mention the engine’s weight advantage for both handling and acceleration.

High output small displacement engines is where it’s at.


51 posted on 11/29/2014 1:59:44 PM PST by ROCKLOBSTER (Celebrate "Republicans Freed the Slaves" Month.)
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To: 1010RD
Rockefeller gave us cheap oil. His innovations lead the industry.

John D. saved more whales than Greenpeace EVER did.

52 posted on 11/29/2014 2:01:47 PM PST by abb ("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
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To: babygene

To my knowledge fuel taxes are a set thing not a percentage.
For instance at the Federal, State and Local level the fuel taxes in Illinois exceed over $1 per gallon of gas.


53 posted on 11/29/2014 2:14:15 PM PST by Captain Peter Blood
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