mkcarter PLAY SO HARD 4373 Posts user info edit post |
sweet I'll bring the bean dip! 12/5/2008 7:15:17 PM
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marko Tom Joad 72861 Posts user info edit post |
TIME TO GO BACK TO BEING WASTEFUL 12/5/2008 7:15:18 PM
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NeuseRvrRat hello Mr. NSA! 35386 Posts user info edit post |
I NEVER QUIT SON 12/5/2008 7:16:28 PM
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GREEN JAY All American 14180 Posts user info edit post |
still just below 2 bucks in vermont  12/5/2008 7:16:58 PM
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marko Tom Joad 72861 Posts user info edit post |
DOWN HERE WE'RE DRINKIN GAS AND SHITTIN ENTITLEMENT 12/5/2008 7:33:52 PM
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porcha All American 5286 Posts user info edit post |
so how much will it cost next summer? $4.50? 12/5/2008 8:19:36 PM
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redburn All American 713 Posts user info edit post |
It was @ 89 cents/gal when I got my license.
I am old.
[Edited on December 5, 2008 at 11:18 PM. Reason : .] 12/5/2008 11:17:40 PM
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Big4Country All American 11921 Posts user info edit post |
I saw on the news that SUV's a still being bought. That's pretty stupid IMHO. Next summer we will have $4 gas again. 12/5/2008 11:36:52 PM
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neodata686 All American 11577 Posts user info edit post |
shit really needs to go up to like $8/gallon. Taxes on gas need to go up to. 12/5/2008 11:38:48 PM
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ussjbroli All American 4518 Posts user info edit post |
^^ not if the economy is still shit 12/6/2008 2:17:30 AM
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WolfpckGrl17 All American 5755 Posts user info edit post |
Quote : | "the benefits of a shitty economy" |
Basically.  12/6/2008 6:27:43 AM
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PrufrockNCSU All American 24415 Posts user info edit post |
Oil is nearly at $40 a barrel now, and reports indicate american consumption is still down despite lower prices.
It's closing in on $1 per gallon.  12/17/2008 5:14:30 PM
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TKEshultz All American 7327 Posts user info edit post |
theyre tryin to get us back into our old habits, and then WAM .. 5 bucks a gallon 12/17/2008 5:16:11 PM
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dweedle All American 77386 Posts user info edit post |
$1.45 today in waynesworld, va 12/17/2008 5:24:29 PM
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slamjamason All American 1833 Posts user info edit post |
The $2.99 gas guarantee is looking pretty silly right about now 12/17/2008 5:27:14 PM
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TreeTwista10 minisoldr 148848 Posts user info edit post |
now if only cigarettes were less than $2/pack, we'd be right back in 1994 all over again 12/17/2008 5:28:43 PM
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PrufrockNCSU All American 24415 Posts user info edit post |
^^ I forgot all about that! 12/17/2008 5:32:45 PM
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theDuke866 All American 52908 Posts user info edit post |
Quote : | "It was @ 89 cents/gal when I got my license." |
i think it was about $1 when I got mine, but I remember it dropping to $.79. 12/17/2008 5:35:17 PM
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Jen All American 10527 Posts user info edit post |

anyone seen the mexican who drives around in a red cha-cha'd up version of this
12/17/2008 5:42:58 PM
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ReceiveDeath INEED2 GET HIRITENOW 70298 Posts user info edit post |
it went up 10 cents here overnight 12/17/2008 5:43:30 PM
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bumpintahoe All American 2077 Posts user info edit post |
http://www.msnbc.msn.com/id/28274997
Burn. 12/17/2008 5:53:20 PM
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zorthage 1+1=5 17148 Posts user info edit post |
Quote : | "It was @ 89 cents/gal when I got my license." |
I remember it being 0.79 at a station down the road when I had my permit
If i see it below 1.00, I'll shit bricks 12/17/2008 8:24:42 PM
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paerabol All American 17118 Posts user info edit post |
I heard in a 60 Minutes interview with King Abdullah that, barring something catastrophic, Saudi oil will not fall too much farther than $55/barrel so prices aren't likely to drop much more
This was a couple weeks ago though, and I have no idea what barrel prices are now. So take that with a grain of salt sand.
$1 12/17/2008 9:29:48 PM
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DeltaBeta All American 9417 Posts user info edit post |
It was $47 at the end of trading yesterday. Of course, fucking OPEC cut production by 4.5 MILLION barrels today. 12/17/2008 9:41:37 PM
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drunknloaded Suspended 147487 Posts user info edit post |
its at like 40 now 12/17/2008 9:43:47 PM
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DeltaBeta All American 9417 Posts user info edit post |
It'll take a few days before the cuts raise the price. How much it'll go up is anyone's guess, but it will go up. 12/17/2008 9:46:52 PM
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ncsu_ot_usmc All American 1608 Posts user info edit post |
so will gas start to go up now, or is just for the holidays and then start going back down? 12/17/2008 9:47:44 PM
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Kiwi All American 38546 Posts user info edit post |
$1.44 in knoxvilleeeee 12/17/2008 9:48:52 PM
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Prawn Star All American 7643 Posts user info edit post |
^^^ Goddamn there is a lot of stupid in this thread.
Do any of you know how speculation and futures trading works? It means that oil news affects the price RIGHT NOW. The problem with OPEC's promised rate cuts is that they can't seem to enforce them, demand is still falling and inventories are still climbing despite OPEC's recent cuts.
OPEC's announcement was expected. If anything, oil is likely to continue to fall, perhaps to less than $30 a barrel before rebounding.
[Edited on December 17, 2008 at 9:55 PM. Reason : 2] 12/17/2008 9:52:27 PM
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bumpintahoe All American 2077 Posts user info edit post |
[Edited on December 17, 2008 at 9:54 PM. Reason : .]
12/17/2008 9:53:04 PM
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Prawn Star All American 7643 Posts user info edit post |
Wait, what? How would consumers respond to an INCREASE in the price of oil with more demand? That's retarded.
OPEC is kinda fucked. They face major budget shortfalls if they don't cut production, but lose market share if they do. 12/17/2008 9:55:00 PM
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optmusprimer All American 30318 Posts user info edit post |
ROVERS NOT HONDAS
http://www.youtube.com/watch?v=aP2XDyRRKf4&feature=related 12/17/2008 10:01:28 PM
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PrufrockNCSU All American 24415 Posts user info edit post |
Oil is trading at less than $38 per barrel right now.
[Edited on December 18, 2008 at 11:18 AM. Reason : $38.02 rightnow.] 12/18/2008 11:13:22 AM
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urge311 All American 3026 Posts user info edit post |
i hate going into a gas station that has regular @ 1.69 and midgrade @ 1.79 on the sign, then you go to fill up with premium and it's 2.09.  12/18/2008 1:56:28 PM
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jackleg All American 170962 Posts user info edit post |
i know people who locked in when regular unleaded crossed the 4 dollar mark. literally bought up gas in 1000 dollar increments. HAHA HAHAHAHA 12/18/2008 1:59:06 PM
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bous All American 11215 Posts user info edit post |
how do i lock in at $1.50 dollarbucks 12/18/2008 2:00:36 PM
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jackleg All American 170962 Posts user info edit post |
http://mygallons.com/
 12/18/2008 2:01:14 PM
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richthofen All American 15758 Posts user info edit post |
Saw $1.54 on S. Saunders today. Interesting...
Quote : | "shit really needs to go up to like $8/gallon. Taxes on gas need to go up to." |
Hope you enjoy paying ridiculous prices for food. You do realize that crazy gas prices influence the trains and trucks, and ships that bring products to us? 12/18/2008 4:46:57 PM
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NeuseRvrRat hello Mr. NSA! 35386 Posts user info edit post |
yeah, $1.5X is easy to find here in goldsboro 12/18/2008 4:50:17 PM
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Prawn Star All American 7643 Posts user info edit post |
Quote : | "Hope you enjoy paying ridiculous prices for food. You do realize that crazy gas prices influence the trains and trucks, and ships that bring products to us?" |
High gas prices would encourage alternative energy research and development, carpooling, energy-efficiency, public transportation projects, and localized farming practices instead of huge agri-businesses, all of which would be beneficial to society.
Artificially low gas prices pave the way for a future price spike. Expect it in the next 5-10 years. It could get a lot worse than $4 a gallon.
[Edited on December 18, 2008 at 4:57 PM. Reason : 2] 12/18/2008 4:56:38 PM
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Gozo All American 10337 Posts user info edit post |
crude oil closed at a little more than $36 today... 12/18/2008 8:13:48 PM
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Republican18 All American 16575 Posts user info edit post |
Quote : | "shit really needs to go up to like $8/gallon. Taxes on gas need to go up to." |
thats some dumb eco liberal shit that will really help the economy 12/18/2008 9:20:52 PM
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kdawg(c) Suspended 10008 Posts user info edit post |
$1.99 here in the aloha state. 12/18/2008 11:57:05 PM
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Kurtis636 All American 14984 Posts user info edit post |
With deflation it's not that huge a savings in real value vs. gas when it was higher. 12/19/2008 12:02:22 AM
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NeuseRvrRat hello Mr. NSA! 35386 Posts user info edit post |
^it is when salaries are not adjusted for inflation  12/19/2008 12:06:43 AM
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Gozo All American 10337 Posts user info edit post |
a little over $33 today 12/19/2008 7:40:57 PM
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neodata686 All American 11577 Posts user info edit post |
16-18$ to fill up my tank. Good for 350-400 miles.
Quote : | "thats some dumb eco liberal shit that will really help the economy" |
lol eco liberal? No i wouldn't say it's liberal. I think we need to tax gas more and spend that money on more intelligent things than single occupancy transportation.
Quote : | "High gas prices would encourage alternative energy research and development, carpooling, energy-efficiency, public transportation projects, and localized farming practices instead of huge agri-businesses, all of which would be beneficial to society." |
Exactly. I mean we're sending billions of dollars to the middle east each year for our energy. Doesn't matter if you're liberal or conservative, that's just stupid.
[Edited on December 19, 2008 at 8:23 PM. Reason : and canada lol] 12/19/2008 8:09:06 PM
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TheTabbyCat All American 4428 Posts user info edit post |
I'm confused as to how crude oil prices specifically affect gas prices. I mean obviously if crude oil goes down significantly, so do gas prices and vice versa. But, is there a certain percentage it goes down per a certain drop in crude oil. I know its speculative to a point, but there has to be some sort of average. Like if crude oil drops $5.00 a barrel, then gas prices average a drop of $x.xx? 12/19/2008 9:26:16 PM
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ncsu_ot_usmc All American 1608 Posts user info edit post |
gas is going back down again 12/19/2008 10:07:27 PM
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Arab13 Art Vandelay 45180 Posts user info edit post |
33.87 / barrel 12/19/2008 10:34:08 PM
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