gas101CA
All-Star Author
California
Posts:632
Points:75,605
Joined:Aug 2008
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Message Posted:
8/30/2008 6:19:14 PM
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hurricane cat 5+oil =oil will go up. . we all what trader to say "sell sell sell sell sell"
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OHMS
Champion Author
Orange County
Posts:2,677
Points:279,095
Joined:May 2005
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Message Posted:
8/30/2008 4:03:12 PM
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oil markets closed on Saturday ?
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magnumCA
Champion Author
Los Angeles
Posts:1,418
Points:273,550
Joined:Jan 2008
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Message Posted:
8/30/2008 2:04:35 PM
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Labor day= Pay day
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dmatte85
Sophomore Author
Louisiana
Posts:184
Points:16,300
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Message Posted:
8/28/2008 7:36:41 PM
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yep, just in time for Labor Day. the gas falls and now its going right back up. probably will go back to $4 again.
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Chris46
Champion Author
Dayton
Posts:6,221
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Message Posted:
8/28/2008 6:42:58 PM
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Yep. Just in time for Labor Day
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gas101CA
All-Star Author
California
Posts:632
Points:75,605
Joined:Aug 2008
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Message Posted:
8/28/2008 5:32:10 PM
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sdarling you right oil did close today lower
[Edited by: gas101CA at 8/28/2008 8:32:21 PM EST]
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sdarling
Sophomore Author
Ohio
Posts:152
Points:53,440
Joined:Aug 2008
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Message Posted:
8/28/2008 10:14:13 AM
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It's dropping fast $115.28 ?2.87
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gr8oakOH
Champion Author
Akron
Posts:1,028
Points:267,705
Joined:Nov 2007
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Message Posted:
8/28/2008 10:12:17 AM
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you people on these forums continue to bitch about the high prices
why dont you do something about them, rather than to sit behind your frickin computers & just complain.
back in april, i was always on these forums trying to get people on here to start a boycott of all gas.
nothing got done!!
it will never get back to where it was in 2006, until we all get together & end this crap.
dont sit there & say we cant do it.
WE ARE THE PEOPLE OF THE BIGGEST & MOST PROSPEROUS COUNTRY IN ALL THE WORLD.
JUST REMEMBER, WE CONTROL THE u.s.A. WE HAVE ALL THE POWER AS ONE ENTIRE NATION.
IF WE WANT TO DO SOMETHING, THEN, WE CAN GET IT DONE.
the only way to combat this problem with opec & big oil here in the u.s. is to show our strength & stop buying gas for a week.
this means do not go to work & shut this whole country down for a week & you will see exactly what i am talking about.
if we dont do this, then, we will all lose in the end. then, do not sit here & bitch on this forum about the frickin high gas prices
[Edited by: gr8oakOH at 8/28/2008 1:20:10 PM EST]
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Blackice
Champion Author
Twin Cities
Posts:1,829
Points:502,150
Joined:Oct 2003
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Message Posted:
8/28/2008 9:14:51 AM
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Crude oil is heading...DOWN $1.78 a barrel ($116.37) @ this time. It was over $120.00 a barrel earlier today.
[Edited by: Blackice at 8/28/2008 12:15:43 PM EST]
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Pede
Champion Author
New Jersey
Posts:1,169
Points:154,080
Joined:Apr 2007
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Message Posted:
8/28/2008 8:36:34 AM
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What next ?
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coke_kid
Sophomore Author
Chicago
Posts:211
Points:97,865
Joined:Nov 2005
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Message Posted:
8/28/2008 8:34:50 AM
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to answer your question " is anyone shocked" no try pissed off!
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sailormon
All-Star Author
Michigan
Posts:679
Points:212,880
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Message Posted:
8/28/2008 8:32:51 AM
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Any reason....
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chas_commuter
All-Star Author
South Carolina
Posts:591
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Joined:Mar 2008
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Message Posted:
8/28/2008 8:13:54 AM
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Is anyone shocked? Drill, drill drill!
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ramshot412
Champion Author
Riverside
Posts:12,062
Points:1,208,555
Joined:Apr 2004
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Message Posted:
8/28/2008 8:12:59 AM
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What party? I didn't get an invitation.....
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Blackice
Champion Author
Twin Cities
Posts:1,829
Points:502,150
Joined:Oct 2003
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Message Posted:
8/28/2008 8:11:28 AM
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smarcuss $3.15 a gallon? Is that a typo?
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plumb37
Champion Author
Quebec
Posts:2,567
Points:113,090
Joined:Jun 2008
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Message Posted:
8/28/2008 8:10:37 AM
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What help did you get yasterday?
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smarcuss
Rookie Author
New Jersey
Posts:37
Points:11,765
Joined:Aug 2008
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Message Posted:
8/28/2008 8:09:57 AM
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Gas prices still low here. I am getting gas at 3.15 a gallon.
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Blackice
Champion Author
Twin Cities
Posts:1,829
Points:502,150
Joined:Oct 2003
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Message Posted:
8/28/2008 8:09:18 AM
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Did Gustav change direction? Crude oil prices are down 36 cents at this time. After being up over $1.50 a barrel.
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plumb37
Champion Author
Quebec
Posts:2,567
Points:113,090
Joined:Jun 2008
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Message Posted:
8/28/2008 8:09:10 AM
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Party!! Someone is having a party?
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coke_kid
Sophomore Author
Chicago
Posts:211
Points:97,865
Joined:Nov 2005
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Message Posted:
8/28/2008 8:08:35 AM
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This makes me so mad,these people take advantage of us people its sick and yet no one does anything about it..nothing may happen and yet right away they jump to destroy the economy! its already in haveck and yet nothing is done..this has to stop..i need to feed me family and i cant with the prices so f in high..we need help like yesterday...
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aalix
Champion Author
Orange County
Posts:14,640
Points:2,546,180
Joined:Aug 2001
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Message Posted:
8/28/2008 8:07:40 AM
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The storm's spoiling the party.
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CallJeffCa
Champion Author
Oakland
Posts:1,331
Points:341,325
Joined:Oct 2007
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Message Posted:
8/28/2008 8:06:43 AM
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I think the increase in the dollar vs the euro has helped keep pump prices from reacting to the oil price.
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dabuzman
Champion Author
Seattle
Posts:1,248
Points:483,305
Joined:Apr 2006
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Message Posted:
8/28/2008 8:06:28 AM
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Now price can go up because of a storm. How about I have a hang nail let see if it drops. That should work.
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plumb37
Champion Author
Quebec
Posts:2,567
Points:113,090
Joined:Jun 2008
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Message Posted:
8/28/2008 8:06:06 AM
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Here comes Gustav, better gas up, just in case you have to get in the traffic jam on the Evacuation Route.
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copperhead8
Champion Author
Boston
Posts:5,604
Points:1,219,995
Joined:Dec 2004
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Message Posted:
8/28/2008 8:06:01 AM
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gas prices are still low here
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10pennypincher
Veteran Author
St. Louis
Posts:465
Points:230,040
Joined:Jan 2007
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Message Posted:
8/28/2008 8:03:26 AM
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"the sky is falling" run up the price!!!
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bochilds
Champion Author
Jackson
Posts:3,067
Points:682,115
Joined:Sep 2005
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Message Posted:
8/28/2008 8:03:09 AM
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This is getting completely ridiculous. Now we have price fluctuation on if's and possibilities on a storm that COULD disrupt production. It hasn't disrupted anything yet. This should be considered price gouging. Gas went up 18 cents a gallon at a couple of stores near here yesterday.
It is also amazing how oil prices can drop and it takes days to weeks to see a change at the pump but let there be even a small increase in oil prices and gas prices increase immediately before the close of trading.
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spunky4443
Champion Author
Washington
Posts:1,227
Points:470,705
Joined:May 2005
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Message Posted:
8/28/2008 8:02:40 AM
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The Storm "Greed" is about to hit!!!!!!!
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357revo
Champion Author
Pittsburgh
Posts:6,907
Points:784,415
Joined:Sep 2006
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Message Posted:
8/28/2008 8:01:53 AM
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"...and there there is no way to protect the oil platforms from storms..."
Not entirely true. When a storm like Gustav or even Katrina goes through an area with oil rigs, the oil flow is cut off AT THE OCEAN FLOOR, and the crews are evacuated. Even if the oil rig is totally destroyed [as happened to some from Katrina], there is no oil leak.
Obviously, the pumping platform is at the mercy of the storm, but they are DESIGNED to withstand considerable wind and sea action before failing. Most times, no permanent damage is done, and they are back pumping as soon as they get the crews back.
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coyoteAB
All-Star Author
Alberta
Posts:574
Points:27,955
Joined:Jul 2008
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Message Posted:
8/28/2008 8:00:40 AM
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Slide ----Gustav----Refinery break down-----Surplus----Inventory drop-----WHAT NEXT---there must be more.
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plumb37
Champion Author
Quebec
Posts:2,567
Points:113,090
Joined:Jun 2008
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Message Posted:
8/28/2008 8:00:40 AM
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Oh no, not a back to back. There is a report that another hurricane is following the path of Gustav, it's name is Hanna.
We are all going to die, you hear me, DIE.
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Blackice
Champion Author
Twin Cities
Posts:1,829
Points:502,150
Joined:Oct 2003
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Message Posted:
8/28/2008 7:59:08 AM
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Workers are leaving the drilling rigs in the gulf right now, so oil production has come to a complete stop. We can just hope that Gustav doesn't hit the oil refineries along the coast of Texas.
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Gassaver30
Sophomore Author
Austin
Posts:113
Points:22,300
Joined:Aug 2008
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Message Posted:
8/28/2008 7:57:09 AM
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Whats the next excuse going to be?
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napermike79
All-Star Author
Twin Cities
Posts:646
Points:403,420
Joined:May 2001
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Message Posted:
8/28/2008 7:53:40 AM
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get ready for a big blow
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jackson661
Veteran Author
Columbus
Posts:472
Points:54,545
Joined:May 2006
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Message Posted:
8/28/2008 7:53:31 AM
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Speculation of a storm..Big Oil just stops or lowers production levels
all because of a potential threat.
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SomeChick23
Sophomore Author
Edmonton
Posts:232
Points:125,215
Joined:May 2007
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Message Posted:
8/28/2008 7:52:37 AM
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this isnt fair. it shouldnt go up just cause there might be a shortage due to a storm.
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10k
Champion Author
North Carolina
Posts:5,797
Points:645,150
Joined:May 2006
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Message Posted:
8/28/2008 7:52:10 AM
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this would be funny if it wasn't such a shame...anybody here remember hurricane camile besides me ??...until andrew or katrina, camile was the measuring stick--in august 1969, hurricane camile destroyed a great deal of the gulf coast--nothing in modern times had ever seen anything like her....and gas did not rise one single penny here in north carolina...
hmmmm......seems like we have a sham going on, and guess who pays ???
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jakTDI
All-Star Author
Dallas
Posts:661
Points:39,725
Joined:Aug 2008
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Message Posted:
8/28/2008 7:52:00 AM
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it would be funny if one of these storms would hit in time to slow down air traffic for all our congress folks at their conventions, trying to get home.
now that airlines have cut back the no. of flites, one weather delay messes up things quite a bit.
it won't happen, but one can dream.
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GetURWingz
All-Star Author
Missouri
Posts:820
Points:393,260
Joined:Aug 2006
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Message Posted:
8/28/2008 7:50:12 AM
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Gas went up 15 cents over night here!!!
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gasman50
Champion Author
Portland
Posts:1,372
Points:833,255
Joined:Nov 2005
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Message Posted:
8/28/2008 7:48:47 AM
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I hope it fizzles out before it does dammage
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Lizzylou
Champion Author
Stockton
Posts:1,512
Points:896,670
Joined:Oct 2005
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Message Posted:
8/28/2008 7:47:37 AM
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News reported this AM that it was already at $120!!
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USAFA82
Champion Author
Colorado Springs
Posts:1,602
Points:273,395
Joined:Feb 2008
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Message Posted:
8/28/2008 7:47:29 AM
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Pickensplan.com
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StephenOM
All-Star Author
Florida
Posts:569
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Message Posted:
8/28/2008 7:45:45 AM
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Gustav threatens, a possible Hanna right behind, two more tropical waves moving across the Atlantic that could turn into tropical storms or hurricanes, 25% of domestic production comes out of the Gulf of Mexico from about 3290 producing platforms.
That's a lot of production to be concerned about. Loss of it would cause us to increase our import of foreign oil and a spike in prices just like after Katrina and Rita.
US oil companies don't control the price of crude, they only own 5% of world production while the largest block (35.6%) of production is controlled by OPEC.
Keep up the pressure on Washington...Don't let your representatives get away with doing nothing.
Drill Here, Drill Now!
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almostrice
Champion Author
Houston
Posts:7,518
Points:1,527,455
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Message Posted:
8/28/2008 7:45:14 AM
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4 days out and they are still pumping up this news because they know they cant when the market is closed.
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rtw777
Champion Author
Florida
Posts:1,010
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Message Posted:
8/28/2008 7:44:48 AM
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Oil has gone up, but gas is still dropping here in Daytona.
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SeerLV
All-Star Author
Las Vegas
Posts:597
Points:143,915
Joined:Jun 2008
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Message Posted:
8/28/2008 7:44:23 AM
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Any excuse to raise the price . . .
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Don20
Champion Author
Oklahoma City
Posts:1,597
Points:1,027,620
Joined:Mar 2005
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Message Posted:
8/28/2008 7:43:50 AM
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Nervise hysteria.???
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gr8oakOH
Champion Author
Akron
Posts:1,028
Points:267,705
Joined:Nov 2007
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Message Posted:
8/28/2008 7:43:12 AM
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yea. it wont hit anything & the prices will still go up.
GREEDY, GREEDY, GREEDY, GREEDY
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GoeveH
Veteran Author
Toronto
Posts:464
Points:674,525
Joined:Jan 2002
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Message Posted:
8/28/2008 7:42:42 AM
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Doesn't matter if it hits or not, just the speculation of it possibly hitting will put more money into a few people's pockets.
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