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Old 04-28-2011, 12:43 AM   #21
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We got broke $4 for regular today. Premium $4.26. Diesel $4.39

Just UNREAL. With Japan canceling shipments there is a glut in the market, the Saudi'* cut a quarter of a million barrels a day because they have no where to put it, and Obama Care turn'* it'* back as big oil screws us on the premise of a couple Arab uprisings. I don't see any "Change" in him. Black, Arab, or White....it'* all about the GREEN.
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Old 04-28-2011, 12:47 AM   #22
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broke 4 dollars a gallon last night/this morning for regular and it shows no sign of stopping
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Old 04-28-2011, 01:04 AM   #23
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Quote:
Originally Posted by GXP Venom View Post
We got broke $4 for regular today. Premium $4.26. Diesel $4.39

Just UNREAL. With Japan canceling shipments there is a glut in the market, the Saudi'* cut a quarter of a million barrels a day because they have no where to put it, and Obama Care turn'* it'* back as big oil screws us on the premise of a couple Arab uprisings. I don't see any "Change" in him. Black, Arab, or White....it'* all about the GREEN.
Somewhat true, but Obama did try to launch an investigation into the commodity speculators to see if they were doing anything illegal. Of course, there'* very little illegal about whats done on Wall Street, even if its outright immoral. Its not about supply and demand of actual barrels, its the supply and demand of these speculators pushing this price up. Oil executives think the price will be coming down, as well as Wall Streets most influential analysts (Goldman Sachs) are telling investors to back off of oil or they will kill growth. GS put this out about two weeks ago, and we have just been teetering at around 107-113 per barrel since.
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Old 04-28-2011, 01:12 AM   #24
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85 oct is 3.52 / gal
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Old 04-28-2011, 01:36 AM   #25
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The stock market is messing things up, im considering investing in it to make some damn money, but i know as soon as i buy shares it will go down.
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Old 04-28-2011, 01:45 AM   #26
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Haha you need a lot of money and a lot of time to invest in the stock market. I'm learning that now, lol.
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Old 04-28-2011, 01:54 AM   #27
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Yes, nothing "illegal" but the same old "what the market will bear" They have "reasons" so it ever climbs until they see a fall in demand. Other Presidents in memory moved for price controls in troubled economies. I would say the present one is in about as troubled as it can get. It costs $130 to fill my pickup. Not right...
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Old 04-28-2011, 02:13 AM   #28
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What have other presidents done? Release barrels from the reserve? The president can't do much to alleviate the price of oil. Its not political magic that will save us.
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Old 04-28-2011, 03:02 AM   #29
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1.36 per litre
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Old 04-28-2011, 03:18 AM   #30
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Come to California..... seen as high as $4.29 for 87 and Diesel $4.65
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