oil $100 A Barrel

Kizzume · Posted: Sat Jan 05, 2008 2:43 pm Post subject:

As you have said in other places, the prices are going to have to go up dramatically before something actually gets done about it. We haven't even seen high prices yet in contrast to what we COULD see in the future.
_________________

Google · AdSense

CHUQ · Posted: Wed Feb 20, 2008 3:07 am Post subject:

BAM! It finally made it to the biggie.

The price of crude oil closed over $100 for the first time yesterday on the New York Mercantile Exchange, rattling stock markets and marking a milestone in the relentless rise in petroleum prices over the past five years.

The high oil price, which rivals the inflation-adjusted peak set during the early days of the Iran-Iraq war nearly three decades ago, has drained cash from the pockets of consumers just when the slowing economy could use a spending boost. And it reinforced fears that oil prices, which have long fluctuated with political and economic cycles, may never again drop to past levels.

The price hit a new high of $100.10 a barrel before settling at $100.01 a barrel, up $4.51, when the market closed at 2:30 p.m. The price in late electronic trading dropped only slightly, to $99.99 a barrel.

LINK
_________________
Error of opinion may be tolerated where reason is left free to combat it.

please visit my blog: http://studiesandobservations.blogspot.com/

CHUQ · Posted: Fri Feb 29, 2008 3:02 am Post subject:

Bad news! Y/day oil closed at $102.59 a barrel. Can you hear that? Gas could be as much as $4 a gal by summer. Have a nice vacation.
_________________
Error of opinion may be tolerated where reason is left free to combat it.

please visit my blog: http://studiesandobservations.blogspot.com/

Crystal · Posted: Fri Feb 29, 2008 4:05 am Post subject:

Guess it's a good thing I just got a decent raise ... we're driving to our vacation spot this year and it's about a 1300 mile round trip! Shocked

_________________
Confidence, like art, never comes from having all the answers; it comes from being open to all the questions.
Earl Gray Stevens

Kizzume · Posted: Tue Mar 04, 2008 11:01 am Post subject:

I may be working at a place that's 50 miles away in another week. The first two hours of my workdays are going to be paying for the gas to get there.
_________________

dragonspring · Posted: Tue Mar 04, 2008 7:05 pm Post subject:

Wow, that really sucks! Sad

I am so glad that my apartment is less than two miles from where I work and I am payed for mileage from the office...
_________________
Blessings,
dragonspring

CHUQ · Posted: Thu Mar 06, 2008 3:19 am Post subject:

Flash! oil closed yesterday at $104.52 a barrel, all those Hummer owners will just have to bend over an dkiss their asses goodby or trade the guzzler in for more economical transportation.
_________________
Error of opinion may be tolerated where reason is left free to combat it.

please visit my blog: http://studiesandobservations.blogspot.com/

oddmanin · Associate Joined: 11 Dec 2007 Posts: 55 votes: 1

hey----dont we supply food, widgets, or some other needed intel or commodity to these govts?---whatever happened to oil for food? i say, EVERYbody gets their back scratched, or EVERYbody can get blue ballz---and thank you to good ol ronnie reagan, who promptly turned up the thermostat and took off the sweater when he took office after jimmie, who called this debacle darn near 40 years ago---way to go

Admiral Crunch · Civilian Joined: 09 Mar 2008 Posts: 18

Ironic that when Carter tried to develope alternate fuels it was critized because it would take 30 years to accomplish. 30 years later its hard not to wonder how much worse things will get while the govt. drags their feet on the issue.