Oil Slick Stuff

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What has been interesting and I wonder if we are being set up is that oil has been going up all week but as of this morning gas has not gone up but down a few pennies. That sure is opposite of what has happened over the last few months. Not sure if I want to see what the price of gas will be on my way home tonight. :suspicious:
 
RYB Gas closed at $3.0471 up $0404 for the day.
Crude closed at $102.32 UP $51.
Been trending up for a while and doesn't seem to be slacking off, you will see it at the pump soon.
 
Feb. 17, 2012, 9:25 a.m. EST
Gasoline lifts consumer prices 0.2% in January
:mad:
Year-over-year core rate’s growth highest since September 2008

By Greg Robb, MarketWatch
WASHINGTON (MarketWatch) — With gasoline rising at the pump for the first time in four months, U.S. consumer prices for January increased at the largest rate since September, the Labor Department reported Friday.
Gasoline lifts consumer prices 0.2% in January - Economic Report - MarketWatch
 
Gas prices could spike 60 cents or more by May

By Gary Strauss, USA TODAY

Updated 2/6/2012 11:26 AM

Get ready for another round of pain at the pump: $4 (or higher) gasoline.
Prices could spike another 60 cents or more by May. "I think it's going to be a chaotic spring, with huge price increases in some places," says Tom Kloza of the Oil Price Information Service. Kloza expects average prices to peak at $4.05, although he and other industry trackers say prices could be sharply higher in some markets.
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Gas prices could spike 60 cents or more by May
 
19 February 2012 Last updated at 10:08 ET
Iran 'halts oil sales to France and Britain'

Iran's oil industry is now subject to Western sanctions

Iran has halted oil sales to British and French companies, the nation's oil ministry has said.
A spokesman was reported as saying on the ministry's website that Iran would "sell our oil to new customers".
BBC News - Iran 'halts oil sales to France and Britain'
 
nnuut said:
I guess all there is to do is "ASSUME the POSITION", take it like a man and VOTE?:sick:
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People are starting to realize that if fuel prices keep going up, the entire economy will collapse into the sh!tter..Hopefully the people I speak of are in the right positions to do something to curb the price hikes.
 
Buster said:
How does one actually; "get ready"?

Gas holding ar $3.29
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One "gets ready" by purchasing a vehicle that doesn't need gasoline.


Here is the chart for April's RBOB gasoline futures on the Chicago exchange. Gas in april is showing now at $3.21 before the .20 cent a gallon federal tax, and whatever state and local tax will be:
april-12.jpg

You can "get ready" by getting one of these:
gm-flex-fuel-e85-emblem-logo.jpg

Or, you could get one of these:
fp__fp__Chevy_Volt_Logo.png


Just say'in.
 
anxiety.gif

Oil prices jump to 9-month high after Iran cuts exports

Published February 20, 2012
Associated Press

SINGAPORE – Oil jumped to a nine-month high near $105 a barrel Monday in Asia after Iran said it halted crude exports to Britain and France in an escalation of a dispute over the Middle Eastern country's nuclear program.
Benchmark crude was up $1.50 to $104.74 per barrel at late afternoon Singapore time in electronic trading on the York Mercantile Exchange. Earlier in the day, it rose to $105.21, the highest since May. The contract rose 93 cents to settle at $103.24 per barrel in New York on Friday.

Brent crude was up $1.43 at $121.01 per barrel in London

Read more: Oil Prices Jump To 9-month High After Iran Cuts Exports | Fox News
 
James48843 said:
You think it's high now?

What do you think it will be if Israel bombs Iran?

or if we do?

$150 a barrel?

$200?

$400?

just asking....
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Surely or even more depending on the extent of the WAR! This is one reason our Current Administration should be promoting energy Independencee, and that includes all forms of energy, but right now Gas and Oil are king and common sense mandates DRILL DRILL DRILL and keep it here and stop exporting most of it overseas, regulate.
Buy another car with better gas mileage? Think FIXED INCOME! 57chevy.jpg
 
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