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gas prices dropped again - 7/28/2008 11:59:03 PM   
rapala11

 

Posts: 2603
Joined: 3/5/2006
Status: offline 		3.65 at a bp.  still cost me 48 bux to fill up, though.  possible trouble in nigeria may cause it to go up again.

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Post #: 1
RE: gas prices dropped again - 7/29/2008 4:53:00 AM   
Over the Hill


Posts: 515
Joined: 3/28/2007
Status: offline 		Down to $3.89..... Tourist trap area here. Cheaper if you drive south or west.

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OVER THE HILL

Some people are like slinky's; not really good for anything, but, they bring a smile to your face when you push them down the stairs...

(in reply to rapala11)
Post #: 2
RE: gas prices dropped again - 7/29/2008 5:18:08 AM   
S-10

 

Posts: 1532
Joined: 1/21/2005
Status: offline 		Our BP and others still like the 3.99 number. Guess it depends on the compettion.

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Post #: 3
RE: gas prices dropped again - 7/29/2008 6:12:04 AM   
waDerboy

 

Posts: 1967
Joined: 10/1/2004
Status: offline 		Down from 4.21 to 4.07 here.
Finally the Dems can't stop the energy policy that VP Chaney and his oil cronies have been trying to implement since the start of this admin with those secrect meetings.

(in reply to S-10)
Post #: 4
RE: gas prices dropped again - 7/29/2008 6:12:44 AM   
Over the Hill


Posts: 515
Joined: 3/28/2007
Status: offline 		News report this morning said Americans drove 40 billion miles less this year (first 7 months of the yr.) than last year.

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OVER THE HILL

Some people are like slinky's; not really good for anything, but, they bring a smile to your face when you push them down the stairs...

(in reply to S-10)
Post #: 5
RE: gas prices dropped again - 7/29/2008 8:59:17 AM   
rapala11

 

Posts: 2603
Joined: 3/5/2006
Status: offline 		gas war?

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silence means consent

..."Old men start wars...young men die in them."

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Post #: 6
RE: gas prices dropped again - 7/29/2008 9:30:48 AM   
Mikastorm


Posts: 2803
Joined: 10/18/2006
Status: offline 		Bring it on!

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Post #: 7
RE: gas prices dropped again - 7/29/2008 9:47:00 AM   
rapala11

 

Posts: 2603
Joined: 3/5/2006
Status: offline 		john, remember some of them.  filled you up, windshield was, oil and tire check, free glass and free tickets or something, all for 30 some cents a gallon.

_____________________________

silence means consent

..."Old men start wars...young men die in them."

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Post #: 8
RE: gas prices dropped again - 7/29/2008 9:50:04 AM   
Bughawk


Posts: 5912
Status: online 		Supply and demand...  Less demand, not selling as much fuel, the prices came down.  People felt the crush of the high prices and changed their behavior.   

As an aside, it seems with less fuel sold there is less money to fix the roads and bridges.  I guess the president will be out telling everyone to do their civic duty and start driving the gas hogs again....

$3.89 here in Erie county.

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pax vobiscum +

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Post #: 9
RE: gas prices dropped again - 7/29/2008 9:54:16 AM   
rapala11

 

Posts: 2603
Joined: 3/5/2006
Status: offline 		just read that rebels in nigeria attacked shell's pipelines there, and the price of oil is going up again.  dagnabit.

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silence means consent

..."Old men start wars...young men die in them."

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Post #: 10
RE: gas prices dropped again - 7/29/2008 10:40:29 AM   
Rapscallion

 

Posts: 219
Joined: 5/24/2008
Status: offline 		Seems to me that the price began going down ever since Bush announced he was lifting the ban on offshore drilling. But we know that didn't have anything to do with it because Bush is only responsible for the bad things that happen around here.
Nothing he could ever do would lead to anything good.

(in reply to rapala11)
Post #: 11
RE: gas prices dropped again - 7/29/2008 11:29:26 AM   
rapala11

 

Posts: 2603
Joined: 3/5/2006
Status: offline 		News report this morning said Americans drove 40 billion miles less this year (first 7 months of the yr.) than last year.

think this has something to do with it also.  as bug says, supply and demand.  i think you and i have helped bring the price down by driving less or smarter.

_____________________________

silence means consent

..."Old men start wars...young men die in them."

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Post #: 12
RE: gas prices dropped again - 7/29/2008 1:49:22 PM   
jonnyfishon

 

Posts: 1263
Joined: 2/7/2008
Status: offline 		I think the speculators are on vacation. I would not be suprise to see the price drop to 100$ a barrel and then jump up to 160$ . One last stick in our asses. Its also funny how oil goes up 5 dollars a barrel, gas goes up the same day by 5 or 10 cents. But if the price of oil comes down 5$ the price of gas doesnt move for a week and its only 2 or 3 cent drop. WTF is going on.

(in reply to rapala11)
Post #: 13
RE: gas prices dropped again - 7/29/2008 1:51:08 PM   
jonnyfishon

 

Posts: 1263
Joined: 2/7/2008
Status: offline 		Hey rap its a nice day , why arent you fishing? Im at work dreaming of buying gas for 1$ a gallon and fishing all the creeks and rivers in ny and pa.

(in reply to jonnyfishon)
Post #: 14
RE: gas prices dropped again - 7/29/2008 2:02:24 PM   
rapala11

 

Posts: 2603
Joined: 3/5/2006
Status: offline 		i work afternoons.  leaving now.  rats.

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silence means consent

..."Old men start wars...young men die in them."

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Post #: 15
RE: gas prices dropped again - 7/29/2008 5:25:42 PM   
Over the Hill


Posts: 515
Joined: 3/28/2007
Status: offline
quote:

ORIGINAL: Rapscallion

Seems to me that the price began going down ever since Bush announced he was lifting the ban on offshore drilling. But we know that didn't have anything to do with it because Bush is only responsible for the bad things that happen around here.
Nothing he could ever do would lead to anything good.


Rap. Your right about that. In his speech he even said the price will go down will just the announcement of him lifting the ban.

The Fed. may get less tax revenue from the highway tax, but they sure are taking in a lot of money from the tax on profits.

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OVER THE HILL

Some people are like slinky's; not really good for anything, but, they bring a smile to your face when you push them down the stairs...

(in reply to Rapscallion)
Post #: 16
RE: gas prices dropped again - 7/29/2008 8:33:21 PM   
Rapscallion

 

Posts: 219
Joined: 5/24/2008
Status: offline 		Of course it will go down. Just helps to demonstrate once again that we are still by far the most powerfull nation with the most powerfull leader in the world. No matter how much some of those on here will try to disspell that.
Just the mere thought of the USA cutting back on their purchasing from those thieving Muslim countries automatically causes them to back down.

(in reply to Over the Hill)
Post #: 17
RE: gas prices dropped again - 7/29/2008 8:43:43 PM   
jonnyfishon

 

Posts: 1263
Joined: 2/7/2008
Status: offline
quote:

ORIGINAL: Rapscallion

Of course it will go down. Just helps to demonstrate once again that we are still by far the most powerfull nation with the most powerfull leader in the world. No matter how much some of those on here will try to disspell that.
Just the mere thought of the USA cutting back on their purchasing from those thieving Muslim countries automatically causes them to back down.

nope. The entire oil loving world, china, usa,canada, ect is cutting back. It benifits everyone. No one is backing down to anything. Not to worry, we'll still shoot some of them everyday for 10 + more years.

(in reply to Rapscallion)
Post #: 18
RE: gas prices dropped again - 7/29/2008 8:45:54 PM   
STEALYS4ME


Posts: 2356
Joined: 11/6/2004
Status: online 		Gas prices blow  just like commander

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Post #: 19
RE: gas prices dropped again - 7/29/2008 8:50:58 PM   
jonnyfishon

 

Posts: 1263
Joined: 2/7/2008
Status: offline 		The gov(me) is paying for your gas. You should be happy the prices are falling, Now you can fish new water. 

Anyway if you think about it if the price of gas goes down to lets say 2$ a gallon, people will drive twice as much(bigger cars again) the poor oil companies will still be super rich . Bend over, and lose the grin, cant see it coming.

(in reply to STEALYS4ME)
Post #: 20
RE: gas prices dropped again - 7/29/2008 8:51:42 PM   
Kokanee Killer


Posts: 439
Joined: 2/3/2008
From: Parts unknown
Status: offline 		hey 4 me does the so called party van run on gas or hemp lol!!!!!lmao

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Post #: 21
RE: gas prices dropped again - 7/29/2008 9:05:07 PM   
Rapscallion

 

Posts: 219
Joined: 5/24/2008
Status: offline 		Sorry jonny, they're running scared. Don't kid yourself into thinking that people are really cutting back on driving. I know I haven't and I don't know one person that has. 
quote:

ORIGINAL: jonnyfishon

quote:

ORIGINAL: Rapscallion

Of course it will go down. Just helps to demonstrate once again that we are still by far the most powerfull nation with the most powerfull leader in the world. No matter how much some of those on here will try to disspell that.
Just the mere thought of the USA cutting back on their purchasing from those thieving Muslim countries automatically causes them to back down.

nope. The entire oil loving world, china, usa,canada, ect is cutting back. It benifits everyone. No one is backing down to anything. Not to worry, we'll still shoot some of them everyday for 10 + more years.

(in reply to jonnyfishon)
Post #: 22
RE: gas prices dropped again - 7/29/2008 9:10:32 PM   
jonnyfishon

 

Posts: 1263
Joined: 2/7/2008
Status: offline 		Sorry jonny, they're running scared. Don't kid yourself into thinking that people are really cutting back on driving. I know I haven't and I don't know one person that has. 

Whose running? No one is running. We are cutting back. The jersey shore was dead this year, I mean little or no traffic. Cape cod, half of the traffic. Thats what ive seen. There are companies in my building that have 4 day work weeks. There cutting back, period. Fact.

(in reply to Rapscallion)
Post #: 23
RE: gas prices dropped again - 7/29/2008 9:11:43 PM   
tippy-toe


Posts: 4334
Joined: 11/21/2005
From: under a rock
Status: offline 		F - gas prices, until they are back down to $ .99 a gallon

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Post #: 24
RE: gas prices dropped again - 7/29/2008 9:26:24 PM   
jonnyfishon

 

Posts: 1263
Joined: 2/7/2008
Status: offline 		Jakab Spencer noted in his always interesting Dow Jones column that there is a disconnect between the New York Stock Exchange and the New York Mercantile Exchange, just one mile apart. The NYSE is pricing in $75 oil in oil stocks, while the futures market is surging over $135, and there are calls for near-term $150-a-barrel oil. The stock market is telling us that oil, at least in futures terms, is in a bubble.
And frankly, if you listened to their testimony, and more importantly pay attention to their actions, oil company executives simply do not believe that the price of oil is going to be $135 a barrel for the next few years. If they did, they would be punching more holes in the ground in places where it might be expensive to get the oil to market - but at $135 a barrel it would be profitable.
And then there is an odd circumstance in the oil picture that I think may suggest that we could see a break, and perhaps a violent one, in the near term for the price of oil.

IT Has nothing to do with anyone being scared rap, Its all economics .

(in reply to jonnyfishon)
Post #: 25
RE: gas prices dropped again - 7/29/2008 9:43:01 PM   
*commander*


Posts: 1644
Status: offline
quote:

ORIGINAL: STEALYS4ME

Gas prices blow  just like commander



i know you fellas live together and share everything, however peacy may not like you giving out his pet name(commander) and commenting on his "favors" to you. 

(in reply to STEALYS4ME)
Post #: 26
RE: gas prices dropped again - 7/29/2008 9:48:26 PM   
Rapscallion

 

Posts: 219
Joined: 5/24/2008
Status: offline 		Where were these economics before Bush declared we would begin offshore drilling?
quote:

ORIGINAL: jonnyfishon

Jakab Spencer noted in his always interesting Dow Jones column that there is a disconnect between the New York Stock Exchange and the New York Mercantile Exchange, just one mile apart. The NYSE is pricing in $75 oil in oil stocks, while the futures market is surging over $135, and there are calls for near-term $150-a-barrel oil. The stock market is telling us that oil, at least in futures terms, is in a bubble.
And frankly, if you listened to their testimony, and more importantly pay attention to their actions, oil company executives simply do not believe that the price of oil is going to be $135 a barrel for the next few years. If they did, they would be punching more holes in the ground in places where it might be expensive to get the oil to market - but at $135 a barrel it would be profitable.
And then there is an odd circumstance in the oil picture that I think may suggest that we could see a break, and perhaps a violent one, in the near term for the price of oil.

IT Has nothing to do with anyone being scared rap, Its all economics .

(in reply to jonnyfishon)
Post #: 27
RE: gas prices dropped again - 7/29/2008 10:33:31 PM   
jonnyfishon

 

Posts: 1263
Joined: 2/7/2008
Status: offline 		Correlation is not necessarily causation ... but it could be. Remember that oil and gasoline are separate commodities, one produced from the other. Just because there was an enormous prospective investment in oil does not negate a downward trend in gasoline prices that is significantly greater during election periods.

We all recognize that the price of gasoline, gas, and oil go down during winter months, but what some choose to ignore and which people are picking up on is that they go down even more during election years. Even the AIP, lobbyist/mouthpiece for the petroleum industry, admits that petroleum companies prefer certain candidates.

It's ignorant to pretend like politics have nothing to do with it. The question is, how much do politics drive the numbers?

(in reply to Rapscallion)
Post #: 28
RE: gas prices dropped again - 7/29/2008 11:01:11 PM   
Rapscallion

 

Posts: 219
Joined: 5/24/2008
Status: offline 		Sorry man but you're just not going to convince me that gas prices have been skyrocketing for the better part of two years and as soon as the announcement the offshore drilling ban will be lifted in the USA is announced, they immediately begin to drop.
There is a definite correlation between those two events and it is definitely not coincidental that they correlate.

(in reply to jonnyfishon)
Post #: 29
RE: gas prices dropped again - 7/29/2008 11:37:29 PM   
rapala11

 

Posts: 2603
Joined: 3/5/2006
Status: offline 		dropped another 2.50 a barrel today.  whatever the reason, i am glad.  it will give us all some relief.

_____________________________

silence means consent

..."Old men start wars...young men die in them."

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Post #: 30
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