Oil Slick Stuff

Sort by newest Sort by date
12/10/2010 - Updated 2:06 PM ET
1.gif

Crude oil declines on China rate worries
1.gif

By Claudia Assis, MarketWatch & Nick Godt, MarketWatch

SAN FRANCISCO (MarketWatch) — Crude-oil futures declined Friday as traders weighed concerns that China might increase interest rates as soon as this weekend and ahead of a meeting of major oil producers.
Crude oil for January delivery declined as much as 80 cents, or 0.9%, to $87.55 a barrel. http://markets.usatoday.com/custom/...S&guid={762025FC-0466-11E0-B254-00212804637C}
 
Exactly, my severe dyslexia has won again!!:blink:
Now, just why do you think the English pays so much more for gas than we do? What are they funding?:cool:
 
nnuut said:
Exactly, my severe dyslexia has won again!!:blink:
Now, just why do you think the English pays so much more for gas than we do? What are they funding?:cool:
Click to expand...

They pay for their war upfront instead of handing the bill to another generation.
 
nnuut said:
You're joking with me right, come on and tell the truth, I know you believe in the truth let it out it will set you free.:)
Click to expand...

No, I'm not joking.

http://www.guardian.co.uk/world/2009/feb/13/afghanistan-iraq-bill-british-military

That's pennies compared to United States war costs, which are now estimated at well over $3 TRILLION dollars, when you take the veterans benefits for the 100,000 U.S. casualties into account into the future.

http://threetrilliondollarwar.org

Here is testimony from a House hearing in September this year, talking about the true cost of war for the United States:
http://veterans.house.gov/hearings/Testimony_Print.aspx?newsid=632&Name=_Linda_J._Bilmes
 
Last edited:
The War, that's just a small part of it.
Excuse me but I'm not talking about the USA! It's the costs of energy in the United Kingdom, thanks.
 
nnuut said:
The War, that's just a small part of it.
Excuse me but I'm not talking about the USA! It's the costs of energy in the United Kingdom, thanks.
Click to expand...

That's what I mean.

If we payed for the REAL cost of oil, we wouldn't be paying $3 a gallon for gasoline. We'd be paying a whole lot more. If you throw in the cost for the military to keep the sea lanes open, and the cost of the two wars we have going on to keep the oil flowing (Iraq and Afghanistan both are, in large part, efforts to keep the oil flowing), then OUR cost would be closer to $7 a gallon.

That's what we need to do. Levy a war-tax on gasoline like the British, make it $7 a gallon, and pay for the true costs of keeping the oil flowing.
 
Man Jim you're really out there aren't you? You know what I was getting at, just forget it.
 
nnuut said:
Man Jim you're really out there aren't you? You know what I was getting at, just forget it.
Click to expand...

Well hey guys --- seriously I have no idea what you're talking about and honestly -- I'm just comming by to say goodnight.

I'd say both of you are equally cool :cool::cool::cool: and I appreciate you equally.


So have a great night !!!!

I'm heading on ..... got a hotel near by .... so getting to work would be easier.

Later dudes !!! ;)
 
12/13/2010 - Updated 9:46 AM ET
1.gif

Crude oil jumps as China holds off on rates
OPEC keeps production unchanged, also providing a lift
1.gif

By Nick Godt, MarketWatch

NEW YORK (MarketWatch) — Crude-oil futures jumped Monday, tracking global market relief that China refrained from hiking interest rates.
Crude oil for January delivery lately gained 1.6% to $89.13 a barrel.http://markets.usatoday.com/custom/...-11E0-B8A9-00212804637C}&loc=interstitialskip
 

On Monday December 13, 2010, 3:44 pm
NEW YORK (AP) -- Oil resumed its march to $90 a barrel on Monday, promising to bring retail gasoline prices along for the ride.
Benchmark crude rose 82 cents to settle at $88.61 per barrel on the New York Mercantile Exchange. At the pump, the average price for a gallon of regular around the country added about half a cent at $2.98. That's almost three cents higher than a week ago and 37 cents above a year ago.
http://finance.yahoo.com/news/Oil-p...41.html?x=0&sec=topStories&pos=7&asset=&ccode=
 
12/14/2010 - Updated 9:27 AM ET
1.gif

Crude oil up slightly ahead of Fed
1.gif

By Nick Godt, MarketWatch

NEW YORK (MarketWatch) — Crude-oil futures fell slightly, as investors stayed cautious ahead of the Federal Reserve’s statement on monetary policy due later Tuesday.
The crude contract had risen earlier, gaining support from cold weather gripping parts in the U.S. and as government reports on retail sales and wholesale prices last month came in stronger than forecast.http://markets.usatoday.com/custom/...-11E0-B8A9-00212804637C}&loc=interstitialskip
 
GE Bets on Deepwater
by Paul Glader & James Herron
The Wall Street Journal


Monday, December 13, 2010

"We believe the future of the industry and the growth of the industry more and more will come from subsea and deep-water projects," which is Wellstream's speciality, Claudio Santiago, president and chief executive of GE Oil and Gas, said in an interview Monday.
http://www.rigzone.com/news/article.asp?hpf=1&a_id=102136
 
12/14/2010 - Updated 7:17 PM ET
1.gif

Crude ends lower after Fed holds on policy API says crude-oil stocks slid 1.4 million barrels in latest week
1.gif
By Laura Mandaro, MarketWatch & Nick Godt, MarketWatch

SAN FRANCISCO (MarketWatch) — Crude-oil futures closed lower Tuesday, after the Federal Reserve made few changes to a statement on monetary policy, and the energy market took direction from moves in the U.S. dollar.
Crude for January delivery [CLF11] lost 33 cents, or 0.4%, at $88.28 a barrel by the close of floor trading on the New York Mercantile Exchange. http://markets.usatoday.com/custom/...-11E0-B8A9-00212804637C}&loc=interstitialskip
 
12/15/2010 - Updated 9:44 AM ET
1.gif

Tame inflation data cools commoditiesOil, gold fall more than 1%
1.gif
By Steve Gelsi, MarketWatch

NEW YORK (MarketWatch) -- Commodities cooled off on Wednesday as equities fell back and tame inflation data let the air out of gold and oil futures.
With the consumer price index ticking up a modest 0.1% in November -- the smallest change since June -- sentiment shifted away from gold and crude oil and into the greenback. Read more on inflation data.http://markets.usatoday.com/custom/...S&guid={452EB062-0853-11E0-B8A9-00212804637C}
 
Gas at the one monitor station (7-11) I watch, is still holding at $2.69 for the past week. (10% ethanoil)
 
You must log in or register to reply here.
Back
Top