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Light Crude Oil

Discussion in 'Money & Finance Forum' started by Wp28, Oct 10, 2008.

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  1. Oct 10, 2008 at 9:34 AM #1
    Wp28

    Wp28 I had that dream again...

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    Currently under $80.00 a barrel and dropping like a rock.
     
  2. Oct 10, 2008 at 9:42 AM #2
    chipshotx

    chipshotx Full Access Member

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    didn't Reb tell us that cutting the cost of oil in half would cut the price of gas in half?
     
  3. Oct 10, 2008 at 10:01 AM #3
    Wp28

    Wp28 I had that dream again...

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    Dropped about .40 cents in the last 2 weeks.
     
  4. Oct 10, 2008 at 10:07 AM #4
    chipshotx

    chipshotx Full Access Member

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    That's not close to 50 pct

    And also based on the inflated price due to the shortage
     
  5. Oct 10, 2008 at 11:09 AM #5
    Wp28

    Wp28 I had that dream again...

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    ooops, didn't mean to suggest I agreed with Reb's statement, just happy as could be that the price is dropping.
     
  6. Oct 10, 2008 at 11:13 AM #6
    wolfpac

    wolfpac Full Access Member

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    Dropped .20 in Monroe yesterday and is down into the 3.40s in some Matthews locations now. Funny how we are glad to see 3.40 again.
     
  7. Oct 15, 2008 at 11:35 AM #7
    Wp28

    Wp28 I had that dream again...

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    Under $75.00 right now.
     
  8. Oct 15, 2008 at 12:49 PM #8
    jge1968

    jge1968 Full Access Member

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    I saw 2.97/gallon this morning.

    It needs to drop about two more dollars a gallon and all will be right in the world.
     
  9. Oct 15, 2008 at 12:58 PM #9
    VA49er

    VA49er Full Access Member

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    The good news is oil prices are declining. The bad news is the reason oil prices are declining.

    Passed a station selling gas for $2.51/gallon this morning on the way to work.
     
  10. Oct 16, 2008 at 11:49 AM #10
    Wp28

    Wp28 I had that dream again...

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    $69.65
     
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