Oil Slick Stuff

[RealMoneyIssues]

We have plenty of oil here in the Good Old USA, but I guess it's impossible to DRILLDRILLDRILL?

Why drill domestically when we can buy it cheaper from Saudi Arabia and Venezuela???

 

[nnuut]

Why drill domestically when we can buy it cheaper from Saudi Arabia and Venezuela???

Transportation costs, OPEC, tariffs, and will be generating Tax revenue and JOBS which adds more revenue for the Good Old USA! There is more, just talking off the top of my head. You're joking right?

 

[nnuut]

Crude Oil - Electronic (NYMEX) Jul 2011
$98.41 -$0.91 -0.92%
Jun 13, 2011 12:00 p.m.
http://www.marketwatch.com/investing/future/CRUDE OIL - ELECTRONIC

 

[RealMoneyIssues]

You're joking right?

Of course... We have enough here to use, just can't... wonder why??? :nuts:

 

[Mapper]

We could buy/produce lots of stuff locally to support the US economy but too many people would rather buy the cheapest product possible than support local businesses that supply good jobs with livable wages and humanitarian working conditions. "Cheap" is relative, you get what you pay for!

 

[nnuut]

We could buy/produce lots of stuff locally to support the US economy but too many people would rather buy the cheapest product possible than support local businesses that supply good jobs with livable wages and humanitarian working conditions. "Cheap" is relative, you get what you pay for!

Well said Mapper!!

 

[nnuut]

Oil falling, Dollar falling something has to give!

Crude Oil - Electronic (NYMEX) Jul 2011
$97.59 -$1.70 -1.71%
Jun 13, 2011, 12:28 p.m.
http://www.marketwatch.com/investing/future/CRUDE OIL - ELECTRONIC



DXY $74.65 -$0.19 -0.25%
Jun 13, 2011, 11:32 a.m.
http://www.marketwatch.com/investing/index/DXY?link=MW_story_quote

 

[nnuut]

June 13, 2011, 1:19 p.m. EDT
Oil falls nearly 3% as selloff enters second day

By Claudia Assis, MarketWatch

SAN FRANCISCO (MarketWatch) — Crude-oil futures extended losses Monday, falling roughly 3% as investors continued to doubt the health of the global recovery and waited for U.S. and overseas macroeconomic data later in the week. http://www.marketwatch.com/story/oi...-a-barrel-2011-06-13?link=MW_home_latest_news

 

[Buster]

Gas down another .03 to $3.37 today..

 

[nnuut]

[SUB]Last[/SUB] station [SUP]I saw [/SUP]tonight [SUB]was[/SUB] up[SUP] to [/SUP]$3.47.

 

[nasa1974]

[SUB]Last[/SUB] station [SUP]I saw [/SUP]tonight [SUB]was[/SUB] up[SUP] to [/SUP]$3.47. View attachment 14153

Wow! This morning I saw one Shell station DOWN [SUP]to[/SUP] $3.47.

 

[nnuut]

Who said it would be fair?

 

[nnuut]

Crude Oil - Electronic (NYMEX) Jul 2011

$97.82 +$0.52 +0.53%
Jun 14, 2011 10:03 a.m.
http://www.marketwatch.com/investing/future/CRUDE OIL - ELECTRONIC

 

[nnuut]

Futures MoversJune 14, 2011, 10:00 a.m. EDT
Oil futures gain as dollar declines
http://www.marketwatch.com/story/oil-futures-gain-as-dollar-declines-2011-06-14

 

[nnuut]

Crude Oil - Electronic (NYMEX) Jul 2011

$98.04 +$0.74 +0.76%
Jun 14, 2011 11:38 a.m.
http://www.marketwatch.com/investing/future/CRUDE OIL - ELECTRONIC

 

[nnuut]

By Claudia Assis, MarketWatch & Virginia Harrison, MarketWatch http://markets.usatoday.com/custom/...S&guid={6AB067B0-964A-11E0-B7FE-002128049AD6}

[TD="width: 575, align: left"][/TD]

[TD="class: mwinside-head"] Oil futures gain as dollar declines
[/TD]

 

[nnuut]

Gas averaging around $3.54 a gallon in Boiled Peanut!
http://www.gasbuddy.com/

 

[nnuut]

Crude Oil - Electronic (NYMEX) Jul 2011

$98.35 -$1.02 -1.03%
Jun 15, 2011 8:57 a.m.
http://www.marketwatch.com/investing/future/CRUDE OIL - ELECTRONIC

 

[nnuut]

Market Pulse
June 15, 2011, 9:01 a.m. EDT
Oil, gold prices off lows of the day
http://www.marketwatch.com/story/oil-gold-prices-off-lows-of-the-day-2011-06-15

 

[nnuut]

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

[TD="class: econo-releaseinfo"]Released on 6/15/2011 10:30:00 AM For wk6/10, 2011
[/TD]

[/TD]
[/TR]
[/TABLE]

Crude Inventories down -3.4 M barrels!

http://www.bloomberg.com/markets/economic-calendar/