Oil Slick Stuff

It seems the Retailers don't like to reduce their prices as fast as they raise them for some reason?:sick:

people on facebook was like dont buy gas on this certain day just to show them we mean bussiness LOL like thats gonna work.
 
Oil Slides as Mega Quake, Tsunami Swipe Japan


Published March 11, 2011
| Reuters
Brent crude futures fell below $113 on Friday as a massive earthquake rocked Japan, creating a 10-meter tsunami and shutting down dozens of plants in the world's third-largest oil consumer.
The oil market was also watching out for a planned day of demonstrations in Saudi Arabia, the world's top oil exporter, and violence in Libya which has disrupted its oil exports.
ICE Brent crude fell $3.07 to $112.36 a barrel by 1209 GMT. It has fallen from a 2-1/2-year high of $119.79 a barrel on February 24. U.S. crude for April delivery fell $2.99 to $99.71.
http://www.foxbusiness.com/markets/2011/03/11/oil-slides-mega-quake-tsunami-swipe-japan/
 
...he said vacillating..

images

ehehehheheheheheehehehe:D
 
Do Ya know that is Petroleum Jelly, Slick stuff!:cheesy:
The price of that is on the rise too.
 
It's all a lie people the Administrations agenda is to force the development of alternate energy, which is not developed and will NOT work, don't believe the lies, Obama has been stifling oil production and basically has screwed up again!:nuts:


GOP Questions Obama's Vocal Support for Domestic Drilling to Lower Gas Prices


Published March 11, 2011
| FoxNews.com


Republican lawmakers questioned President Obama's honesty after he said Friday he favors boosting domestic drilling in a responsible way to help tackle rising gas prices -- a goal that the GOP fully supports.
But the president, at a press conference, said improvements in are the only way to break U.S. dependence on foreign oil in the long term, and dismissed as political posturing Republicans' claims that his environmental policies have choked off American drilling.
"It doesn't match up with reality," the president said, prompting more criticism from GOP lawmakers who claimed he was stretching the truth.
http://www.foxnews.com/politics/2011/03/11/obama-says-prepared-tap-oil-reserve-response-gas-prices/
 
ET TU Bill Clinton!

Bill Clinton: Offshore Drilling Delays 'Ridiculous'

Friday, 11 Mar 2011 07:00 PM

Delays in offshore oil and gas drilling permits are “ridiculous” at a time when the economy is still rebuilding, former President Bill Clinton told attendees Friday at the IHS CERAWeek conference. Clinton spoke on a panel with former President George W. Bush that was closed to the media, Politico reported. There also was no video of the event.

Read more on Newsmax.com: Bill Clinton: Offshore Drilling Delays 'Ridiculous'
 
Barbour Attacks Obama's Oil Policies

by Joy Lin | March 11, 2011

"The Obama administration has consistently blocked American energy production that would lower costs and create jobs in our country," said Boehner. "They've canceled new leases for exploration, jeopardized our nuclear energy industry, and imposed a de facto moratorium on future drilling in our country. They've even pushed a cap-and-trade energy tax that the president himself admitted would cause the price of energy to skyrocket."
At the midday press briefing today, President Obama flatly rejected critics, noting that last year, domestic oil production reached its highest level since 2003, "Any notion that my administration has shut down oil production might make for a good political sound bite, but it doesn't match up with reality."
Afterwards, Barbour issued a scathing rebuttal in a statement emailed by the newly hired communications adviser for Haley's PAC Jim Dyke.
"President Obama called today for a comprehensive energy strategy for the country. This is something Americans wish he would have thought of two years ago," said Barbour, adding, "If past performance is any guide, expect to be disappointed."
http://politics.blogs.foxnews.com/2011/03/11/barbour-attacks-obamas-oil-policies
 
03/14/2011 - Updated 11:04 AM ET
1.gif
Crude-oil futures decline to just below $100Investors focus on impact of Japan’s devastating earthquake
1.gif
By Claudia Assis, MarketWatch & Polya Lesova, MarketWatch

SAN FRANCISCO (MarketWatch) — Crude-oil futures fell Monday on worries the massive earthquake in Japan and the resulting impact on the nation’s refining capacity could crimp near-term demand.
Crude oil for April delivery [CLJ11] dropped 99 cents, or 1%, to $100.12 a barrel on the New York Mercantile Exchange. It earlier hit an intraday low of $98.47 a barrel, but subsequently trimmed its decline.
http://markets.usatoday.com/custom/...S&guid={AC070896-4DDD-11E0-B1C8-00212804637C}
 
03/15/2011 - Updated 6:13 AM ET
1.gif
Oil slides as radiation threatens Japan
1.gif

By Sarah Turner, MarketWatch

SYDNEY (MarketWatch) — Oil futures fell Tuesday as Japanese prime minister’s remark about a “substantial” radiation leak from a damaged nuclear-power facility prompted investors to dump riskier assets.
Light, sweet, crude-oil futures for April delivery [CLJ11] dropped $2.01, or 2%, to $99.18 in the electronic trading session on the New York Mercantile Exchange.
http://markets.usatoday.com/custom/...-11E0-B1C8-00212804637C}&loc=interstitialskip
 
Back
Top