Oil Slick Stuff

Crude Inventories DOWN!
................................................................... Prior........... Current[TABLE="class: actual_consensus_box"]
[TR]
[TD]Crude oil inventories (weekly change)
[/TD]
[TD="class: actual_consensus_box_numbers"]-6.7 M barrels
[/TD]
[TD="class: actual_consensus_box_numbers"]-7.3 M barrels
[/TD]
[/TR]
[/TABLE]

http://www.bloomberg.com/markets/economic-calendar/
 
Time for cash for clunkers so we can trade in our gas guzzlers for hybrids (or bikes)...

We are obviously using too much oil...
Cash for Clunkers was a big loser (STUPID), I say DRILL DRILL and DRILL some more!!!
Gas and Oil pumped in the USA MUST stay in the country, no exporting.
 
It seems to always be 5 or 6 cents less out there where you are,,,,,,, What's UP With That?:o
Good question..it should the same price everywhere IMO..But I'll guess that since we have a refinery and Oil under the entire State and yours has to be piped to you from the Gulf region ..that may make a difference.
 
Dollar Index UP today which is helping to drive the price of Oil DOWN. :cool:

[TD="class: yfnc_tabledata1"] $78.49
[/TD]

[TD="class: yfnc_tabledata1"]11:09AM EDT
[/TD]

[TD="class: yfnc_tabledata1"]
up_g.gif
1.15 (1.49%
[/TD]
http://finance.yahoo.com/q?s=DX-Y.NYB

 
Some time ago I made a comment about an anecdotal observation of oil and gas exploration/drilling activity really picking up in my area.

Utah sets record for operating oil, gas wells
http://www.sltrib.com/sltrib/money/52621503-79/oil-gas-utah-wells.html.csp

"Oil and natural gas exploration in Utah has never been greater.

The Utah Division of Oil, Gas and Mining said there are more than 10,000 producing oil and gas wells for the first time in the state’s history. Almost two-thirds (6,328) involved drilling for natural gas."



 
Some time ago I made a comment about an anecdotal observation of oil and gas exploration/drilling activity really picking up in my area.

Utah sets record for operating oil, gas wells
http://www.sltrib.com/sltrib/money/52621503-79/oil-gas-utah-wells.html.csp

"Oil and natural gas exploration in Utah has never been greater.

The Utah Division of Oil, Gas and Mining said there are more than 10,000 producing oil and gas wells for the first time in the state’s history. Almost two-thirds (6,328) involved drilling for natural gas."



Good work Utah, DRILL DRILL DRILL!:D
 
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