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GAS PRICES

Discussion in 'Money & Finance Forum' started by bushwacker, Oct 19, 2009.

  1. VA49er

    VA49er Full Access Member

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    No, O is surging in Afghanistan at the moment. Besides, most admit the Iraq surge worked last time.
     
  2. chipshot

    chipshot Full Access Member

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    Winter storms keep people off the roads and can only lower gas prices. Use your head.
     
  3. Southern_Yankee

    Southern_Yankee Full Access Member

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    Fred appreciates you.
     
  4. Plate Dad

    Plate Dad It is what it is!!!!

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    Winter Storms cause an increase use of heating oil. This increases the cost of a barrel of oil. Which in turns increase the cost of gas. We now have a surplus and it will take more than this storm. Just like it will take more than a taking an oil well for a few days.
     
  5. chipshot

    chipshot Full Access Member

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    Maybe one day you will get a prediction correct.
     
  6. Ace13

    Ace13 Full Access Member

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    I'm lost...
    [​IMG]
     
  7. Plate Dad

    Plate Dad It is what it is!!!!

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    Could it be!!!!

    NEW YORK (AP) -- Oil prices rose above $79 barrel Monday for the first time in seven weeks as an extended cold snap triggered an end-of-year rally in energy futures.
    Benchmark crude for February delivery added 63 cents to $78.68 a barrel in light, holiday trading on the New York Mercantile Exchange. Prices rose as high as $79.12 earlier in the day, the highest since Nov. 5.
    Futures contracts for oil, natural gas and heating oil have all become more expensive this month as snow storms blanketed parts of the country and a sharp drop in supplies of crude and other fuels surprised traders.

    Just imagine. Could I be right. With no one driving I predict that it is traders driving prices, big oil looking for profits. But, that is just me. Just an exapmle I have seen it vary in the last few days from $2.45 to $2.68 in Winston. Can't wait to see what happens when we start driving again.
     
  8. VA49er

    VA49er Full Access Member

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    LOL
     
  9. reb

    reb 1riot1reb

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    $78 a barrel is bullshit. Back to $5.00 a gallon just as soon as the economy picks up at this rate. I hope it never comes back.
     
  10. Plate Dad

    Plate Dad It is what it is!!!!

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    Crude Oil Feb 10

    (NY Mercantile: CLG10.NYM)
    Last Trade:80.900002Trade Time:8:35am ETChange:[​IMG] 1.54 (1.94%)Prev Settlement:N/AOpen:N/ABid:N/AAsk:N/ADay's Range:N/AVolume:N/AOpen Interest:N/ASession:Exp. Date:N/A
     

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