Oil Slick Stuff

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In my humble opinion this is really stupid, they are still cutting C02, they've got to be joking.:nuts: Yes our electric bills will be on the rise and your electric cars will cost more to run.
March 27, 2012, 3:03 p.m. EDT
EPA carbon rule draws comment, but stocks muted

EPA proposes new emissions regulations in move to phase out coal plants

By Steve Gelsi and Robert Schroeder, MarketWatch

NEW YORK (MarketWatch) — A move by the Environmental Protection Agency to impose limits on carbon emissions drew load reactions from interest groups and a relatively muted response from stock prices on Wall Street Tuesday.
EPA carbon rule draws comment, but stocks muted - MarketWatch


 
The good news: Gasoline RBOB futures down a nickle at the open this morning.

Let's hope it can break the trend and ease up.

Better news- Fuel ethanol down 4 cents, but that still makes it more than a buck cheaper than gas.

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Alright all together now, lets pump out and sell our EMERGENCY OIL reserves to temporarily lower the price! GO! :confused:
March 28, 2012, 11:26 a.m. EDT
Oil falls on U.S. supply jump, talk of oil release

Crude at $105; weekly data show sharp increase in U.S. inventories
By Claudia Assis and Barbara Kollmeyer, MarketWatch
MADRID (MarketWatch) — Crude-oil futures declined Wednesday amid reports of a possible coordinated oil release by France, the U.S. and the U.K. from strategic reserves, and as U.S. data showed an inventories increase more than double the size of analyst expectations last week.
Oil falls on U.S. supply jump, talk of oil release - Futures Movers - MarketWatch
 
nnuut said:
Alright all together now, lets pump out and sell our EMERGENCY OIL reserves to temporarily lower the price! GO! :confused:
March 28, 2012, 11:26 a.m. EDT
Oil falls on U.S. supply jump, talk of oil release

Crude at $105; weekly data show sharp increase in U.S. inventories

By Claudia Assis and Barbara Kollmeyer, MarketWatch
MADRID (MarketWatch) — Crude-oil futures declined Wednesday amid reports of a possible coordinated oil release by France, the U.S. and the U.K. from strategic reserves, and as U.S. data showed an inventories increase more than double the size of analyst expectations last week.
Oil falls on U.S. supply jump, talk of oil release - Futures Movers - MarketWatch
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You mean sell some of the US strategic oil preserves while the price is high and buy back when the price is lower? You're Nnuuts! That would be like those free market capitalist pigs the Occupy movement protests against!:cool:
 
Viva_La_Migra said:
You mean sell some of the US strategic oil preserves while the price is high and buy back when the price is lower? You're Nnuuts! That would be like those free market capitalist pigs the Occupy movement protests against!:cool:
Click to expand...
Who are the sellers and who are the buyers and who bought it in the first place?
Seems to me that we bought it now we are going to sell it to us, then we have to buy more to replace it.
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Actually if the USA, France and Great Briton release their reserves China will buy it and put it in their reserves, there is no shortage there is only a tremendous supply of STUPIDITY!
 
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