Oil Slick Stuff

[Buster]

DRILL, DRILL, DRILL..
we have enough oil in our own HILLS.

 

[James48843]

Gasbuddy just sent out an alert saying my state pump price expected to jump today from $4.09 to $4.19-$4.25.


(E85 price is $3.19 still. :>)

 

[nnuut]

market pulse
April 28, 2011, 2:45 p.m. EDT
Oil edges higher; natural gas rallies nearly 4%


http://www.marketwatch.com/story/oil-edges-higher-natural-gas-rallies-nearly-4-2011-04-28

 

[Bquat]

market pulse
April 28, 2011, 2:45 p.m. EDT
Oil edges higher; natural gas rallies nearly 4%


http://www.marketwatch.com/story/oil-edges-higher-natural-gas-rallies-nearly-4-2011-04-28

Dad can I borrow your car I'll put a whole $5.00 in it. Remember when this was a profit for you.

 

[nnuut]

I remember $.35 a gallon, but I only made $1.00 an hour!

 

[nnuut]

Gas spending and prices by state

How much you actually pay for gas is affected by your income and local economy, not just what price is at the pump. Mississippi residents spend a whopping 13.2% of their income on gas.

http://money.cnn.com/news/storysupplement/economy/gas_prices_by_state/

 

[nnuut]

LIGHT CRUDE JUN1

New York Mercantile Exchange (NYMEX): CLM11

$113.31 +$0.45 +0.40%
Apr 29, 2011 8:02 a.m.
http://www.marketwatch.com/investing/future/CRUDE OIL - ELECTRONIC

 

[nnuut]

April 29, 2011, 11:12 a.m. EDT
Oil turns higher, climbs past $113 a barrel


By Myra P. Saefong and Virginia Harrison, MarketWatch

SAN FRANCISCO (MarketWatch) — Crude-oil futures turned higher Friday morning, rebounding from earlier declines to climb past $113 a barrel as traders continued to weigh the prospects for energy demand against a backdrop of a declining U.S. dollar. http://www.marketwatch.com/story/oil-pulls-back-from-31-month-highs-2011-04-29

 

[James48843]

Why the price of gas is going up- it's because the economy is getting better.

http://www.youtube.com/watch?v=1RV8aIXm4DY

 

[nnuut]

It seems that Mr. Obama has changed his priorities a bit, I wonder why Oil wasn't #1 over 2 years ago? He's is doing NOTHING but talking, while he is continuing to limit Oil Exploration in the USA, actions speak much louder than words.

 

[eccougar]

I agree nnuut, gas here jumped from $3.72 to $4.15 (+.43) Thursday.

 

[TSPIntel]

The oil will go down when the dollar goes up. The oil is not high, the dollar is weak. The dollar depends on the Fed (Bernanki and his club members). I also hear Bernanki printing $$$$ is causing a depleting inflation, (a huge torpedo for Obama)

 

[nnuut]

The oil will go down when the dollar goes up. The oil is not high, the dollar is weak. The dollar depends on the Fed (Bernanki and his club members). I also hear Bernanki printing $$$$ is causing a depleting inflation, (a huge torpedo for Obama)

You are correct that is the main reason, there are more.

 

[Buster]

Gas today $3.69 (10% ethanoil)

 

[nnuut]

Gas today $3.69 (10% ethanoil)

I bought 10 gallons for the same price today, way down here in Georgia!

 

[nnuut]

April 29, 2011
Fraud, Manipulation Driving up Oil Prices?

CFTC Commissioner Bart Chilton on how much manipulation and fraud are impacting the rising price of oil.
http://www.foxbusiness.com/on-air/l...ion-driving-up-oil-prices/?playlist_id=164630

 

[nnuut]

Oil prices slip 2% after bin Laden's death

By Blake Ellis, staff reporterMay 2, 2011: 8:12 AM ET


NEW YORK (CNNMoney) -- Oil prices slipped early Monday, as investors breathed a sigh of relief following news that U.S. forces had killed al-Qaeda leader Osama bin Laden.
Crude for June delivery fell $2.07, or nearly 2%, to $111.86 a barrel in early morning trading.
http://money.cnn.com/2011/05/02/markets/oil_prices/index.htm

 

[Silverbird]

Since the US crude price is also the Middle East price, last night's action was one of the only ways the President can lower oil prices.:toung: Go Special Forces!

Jokes aside, really, the price change today shows how much sentiment and not actual oil supply and demand plays into oil prices. Wasn't the oil exchange supposed to get rid of speculation? Bah.

 

[nnuut]

LIGHT CRUDE JUN1

New York Mercantile Exchange (NYMEX): CLM11
$113.80 -$0.13 -0.11%
May 2, 2011 12:08 p.m.
http://www.marketwatch.com/investing/future/CRUDE OIL - ELECTRONIC

 

[nnuut]

Futures Movers
May 2, 2011, 1:50 p.m. EDT
Oil futures back to the red in volatile trading

By Claudia Assis and Steve Gelsi, MarketWatch
SAN FRANCISCO (MarketWatch) — Crude-oil futures turned lower in volatile trading Monday, as prices gained some support from a weaker dollar but fell after news the U.S. manufacturing sector expanded at a slower pace.
http://www.marketwatch.com/story/oil-futures-drop-in-wake-of-bin-ladens-death-2011-05-02