Oil Slick Stuff

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10/16/2009 - Updated 7:36 AM ET
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Oil falls after tapping one-year high
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By Polya Lesova, MarketWatch & Myra P. Saefong, MarketWatch

FRANKFURT (MarketWatch) -- Oil futures edged lower Friday after surging to their highest level in a year, as modest dollar strength encouraged traders to lock in some of their recent gains.
Crude oil for November delivery was last down 46 cents, or 0.6%, to $77.12 a barrel in electronic trading on Globex.
http://markets.usatoday.com/custom/...S&guid={DA663D52-CC0E-43E3-927E-E970B65EC5C2}
 
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I priced some of these last spring. Would still take me a ayear to save for one (after I finish saving for the new roof etc). :(:suspicious: I'm better off just cutting down the driving for now, make the 14 yo current vehicle last longer, and get with the program with my unpowered pedal cycle. :rolleyes:
 
viva la migra said:
is that your chinese cadillac nuut?
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alevin said:
i priced some of these last spring. Would still take me a ayear to save for one (after i finish saving for the new roof etc). :(:suspicious: I'm better off just cutting down the driving for now, make the 14 yo current vehicle last longer, and get with the program with my unpowered pedal cycle. :rolleyes:
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electric MoPed!!
 
10/16/2009 - Updated 10:18 AM ET

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Oil retreats from one-year high
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By Polya Lesova, MarketWatch & Myra P. Saefong, MarketWatch

NEW YORK (MarketWatch) -- Oil futures edged lower Friday, after rallying 12% in the previous six sessions, as modest dollar strength and falling U.S. stock markets encouraged energy traders to lock in some of their recent gains.
Crude oil for November delivery fell 26 cents, or 0.3%, to $77.32 a barrel on the New York Mercantile Exchange. The contract climbed to $78.17 a barrel earlier, the highest level for a front-month contract since October 2008.
http://markets.usatoday.com/custom/...S&guid={DA663D52-CC0E-43E3-927E-E970B65EC5C2}
 
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nnuut said:
10/16/2009 - Updated 10:18 AM ET

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Oil retreats from one-year high
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I hope we have another down oil day Monday, as the Markets in general seem to follow as they are today...I want to get back on the S wagon..:suspicious:
 
grandma said:
Dag-nab it, Nnuut! I'd like to get a bit past the start line this time, before you get into your trilliionth x10power restart!!:cool::rolleyes:
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Sorry Grandma, I didn't want to jinx anyone, especially you!!:embarrest:
 
nnuut said:
Sorry Grandma, I didn't want to jinx anyone, especially you!!:embarrest:
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Ahhh, well - that's okay ! I have to laugh when I read us - we each want the market down if we're buying, and then we want it up if we're in regardless of where anyone else is! I'm not `taking anything with me' when I `go' - and I work in a Food Pantry so, I'll still get to eat !!!!!!!!!!!
;) they think I'm real sweet!
 
grandma said:
Ahhh, well - that's okay ! I have to laugh when I read us - we each want the market down if we're buying, and then we want it up if we're in regardless of where anyone else is! I'm not `taking anything with me' when I `go' - and I work in a Food Pantry so, I'll still get to eat !!!!!!!!!!!
;) they think I'm real sweet!
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How right you are, human nature in action. And by the way you are SWEET, but your ears are really flappy!! :laugh: monky.gif
 
Oil retreats from one-year high

Crude prices pull back slightly from previous week's 10% rally.

By Julianne Pepitone, CNNMoney.com staff reporter
October 19, 2009: 6:55 AM ET


Click the chart to view other commodity prices.

NEW YORK (CNNMoney.com) -- Oil prices slipped early Monday, pulling back from the previous week's rally.

Crude held its 10% gain over a seven-day rally last week, ending with a one-year high above $78 a barrel on Friday. Oil hit the high despite a stronger dollar and weaker stocks that usually pressure prices.
http://money.cnn.com/2009/10/19/markets/oil/index.htm?postversion=2009101906
 
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Here's an interesting read:


About 6 months ago while watching a news program on oil and one of the Forbes Bros. was the guest. This is out of context, but this is the actual question as asked. The host said to Forbes, "I am going to ask you a direct question and I would like a direct answer, how much oil does the U.S. have in the ground."

Forbes did not miss a beat, he said, "More than all the Middle East put together!"

Please read below.

http://www.usgs.gov/newsroom/article.asp?ID=1911
 
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buster, shhhh!

we like it just the way it is out here in the last best place. don't need no geopolitical manuevering for the last drop in my back yard. believe it or not, lots of folks still get around and run business by horseback. just because you have it in the bank doesn't mean you have to spend it.
 
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