Oil Slick Stuff

[konakathy]

Just paid $4.29 at Costco yesterday. They have the cheapest on the west side of the BI.

 

[nnuut]

Just paid $4.29 at Costco yesterday. They have the cheapest on the west side of the BI.

Man! Gas is expensive in Paradise!
​

 

[RealMoneyIssues]

Just paid $4.29 at Costco yesterday. They have the cheapest on the west side of the BI.

I might ask this again in June when I head there for a week.

 

[nnuut]

Dollar down this morning, you should know what that means by now.
U.S. Dollar Index (DXY), DXY Index Quote - (NYE) DXY, U.S. Dollar Index (DXY) Index Price

 

[nnuut]

Daily Fuel Gauge Report--national, state and local average prices for gasoline, diesel and E-85.

 

[WorkFE]

My Super Duty is lovin life. I need a second job to keep big blue happy.

 

[konakathy]

I might ask this again in June when I head there for a week.

Dude! Start saving your pennies, it's not cheap over here. .... but, who cares, you're in Hawaii !!!

 

[nnuut]

And what does this mean? Dollar up http://www.marketwatch.com/investing/index/dxy?link=MW_home_latest_news
Crude Oil - Electronic (NYMEX) Apr 2012, CLJ2 Future Quote - (NMN) CLJ2, Crude Oil - Electronic (NYMEX) Apr 2012 Future Price

 

[RealMoneyIssues]

Dude! Start saving your pennies, it's not cheap over here. .... but, who cares, you're in Hawaii !!!

True, a week in Kona and a week on Oahu, then back to reality

 

[Buster]

Having a cup of Kona Coffee right now..even that stuff is expensive...

Gas up a dime to $3.39

 

[nnuut]

I used to drink Kona Coffee, great stuff. I always drink grind yourself makes coffee much better.

 

[nnuut]

[TABLE="class: tablewrapper"]
[TR]
[TD="class: econo-reportname, colspan: 2"]EIA Petroleum Status Report
[/TD]
[/TR]
[TR]
[TD="colspan: 2"]

[TABLE="class: actual_consensus_box"] [TR="class: actual_consensus_toprow"] [TD]	Prior	Actual
Crude oil inventories (weekly change)
Gasoline (weekly change)
Distillates (weekly change)

[TD="class: econo-releaseinfo"]Released On 2/23/2012 11:00:00 AM For wk2/17, 2012
[/TD]

[TD="class: actual_consensus_box_numbers"]-0.2 M barrels
[/TD]
[TD="class: actual_consensus_box_numbers"] 1.6 M barrels
[/TD]

[TD="class: actual_consensus_box_numbers"]0.4 M barrels
[/TD]
[TD="class: actual_consensus_box_numbers"] -0.6 M barrels
[/TD]

[TD="class: actual_consensus_box_numbers"]-2.9 M barrels
[/TD]
[TD="class: actual_consensus_box_numbers"] -0.2 M barrels
[/TD]

[/TD]
[/TR]
[/TABLE]
[/TD]
[/TR]
[/TABLE]
With supplies of curde up and gas down it shouldn't effect price much. The dollar is controlling the Market today.
Economic Calendar - Bloomberg

 

[nnuut]

How do you like these Bananas?

Crude Oil - Electronic (NYMEX) Apr 2012, CLJ2 Future Quote - (NMN) CLJ2, Crude Oil - Electronic (NYMEX) Apr 2012 Future Price
This isn't supply talking here.​

 

[RealMoneyIssues]

How do you like these Bananas?

Sounds like more stocks are going to skyrocket. Time for me to break out my bike.

SPX-1400 or Bust !!

 

[nnuut]

Sounds like more stocks are going to skyrocket. Time for me to break out my bike.

SPX-1400 or Bust !!

There is a point when the price of oil and gas crash the Markets.

 

[RealMoneyIssues]

There is a point when the price of oil and gas crash the Markets.

Nope, we are use to these high prices. Now that they have consolidated at $3.50 for so long (doubled in 2 years), they will head up and will now probably level off around 4.25-4.50 for about a 6-9 months, then do it again for $5.50 by next spring...

It is going to be some great earnings quarters as energy stocks report fantastic earnings, causing their stocks to go up. Other transportation costs will be passed on (to the consumer, and like good sheep, pay it) and those stocks will go up. Add that to QE 2.5 and QE3 (probably going on now) and we have a huge up year for 2012 and 17k DJIA by the end of 2013.

It's written in the stars !!

 

[nnuut]

Do Ya really thinkso? I'll remember that.

 

[RealMoneyIssues]

Do Ya really thinkso? I'll remember that.

Crude just hit $108 and $110 is right around the corner... tomorrow?

 

[James48843]

Do Ya really thinkso? I'll remember that.

Futures markets showing April gasoline prices climbing much higher than current levels.

And BP today at $ 47.87 a share,

Exxon-Mobil now trading at $ 87.02 a share.


Yep- Oil companies dancing up and down over their windfall.

 

[RealMoneyIssues]

Yep- Oil companies dancing up and down over their windfall.

Was THAT your point earlier?