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Author Topic: O/T GAS BELOW $3.00 A GALLON  (Read 8875 times)
Dan Villeky
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« Reply #25 on: October 20, 2008, 01:29:19 PM »

3.32 in Elmhurst, IL
Does the attendant kiss you ?
They are certainly screwing you!!
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racing fan
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« Reply #26 on: October 20, 2008, 01:35:10 PM »

3.32 in Elmhurst, IL
What should i do drive 50 miles to Indiana to fill up my tank and use 1/4 of it coming home. It is what it is. We all know we are getting screwed
we just half to deal with it.
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Moon
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« Reply #27 on: October 20, 2008, 05:52:48 PM »

and we import more oil from CANADA and MEXICO than saudi arabia

and we have the largest consumption of gas of any nation on the planet.

this is a b.s. ploy by the saudi's to keep the money flowing.

take it to the bank....oil is going to 50 dollars a barrel >>>>>> no matter what anyone says.

consumption will finally dictate the price. we are in the middle of a recession and consumption is way down and will stay that way for awhile. supplies will grow and prices will have to go down further.

if you are paying 3.99 a gallon where you live it must be the highest in the nation.

northern washington state.......3.02 a gallon
northern california..... 3.11 a gallon
around northfield park.....2.72 a gallon

national average is about 2.60 a gallon as of four days ago.

But the PRICE is determined by the market. And OPEC has a lot to say about the market. Of course it's a BS ploy. But it works EVERY TIME.
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Mel from Moline
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« Reply #28 on: October 20, 2008, 05:55:47 PM »

$2.49 today in central Jersey....keep on falling. Good for everyone beer
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CLOCKERTERRY
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« Reply #29 on: October 20, 2008, 10:18:12 PM »

$3.27 the cheapest I saw tonight in the Chicago near north suburbs. (Morton Grove/Skokie/Evanston).

Amazing, all it took was decreased demand by a suddenly broke and frugal public! Not a drop of that recently unlocked offshore oil yet delivered! LOL!
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Buffaloboy
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« Reply #30 on: October 20, 2008, 10:57:23 PM »

$2.49 today in central Jersey....keep on falling. Good for everyone beer


Geez, I thought $2.99 for regular on Long Island was good.
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« Reply #31 on: October 20, 2008, 11:58:19 PM »


Geez, I thought $2.99 for regular on Long Island was good.

$2.41 at the cheapest corners here in Minneapolis-St. Paul. God, I love filling up for $30.

But despite global economic slowdown, the fundamentals haven't changed. Commodity prices are very worrisome.

Say, is this a good time to buy oil-company stocks? Buy-and-hold, I mean?
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« Reply #32 on: October 21, 2008, 12:57:47 AM »

But the PRICE is determined by the market. And OPEC has a lot to say about the market. Of course it's a BS ploy. But it works EVERY TIME.

if you are really interested do the research on what the percentage of the world oil is really traded on the futures market. very slim. and yet that dictates the price of a barrel of oil.

also, you might want to look at when a democrat president is in office where are oil and gas prices at vs. when a republican president is in office

did you hear a one time report on the nightly news about three months ago about I.C.E.

it stated two major brokerage houses one of them being goldman sachs plus, many major banks and hedge funds were manipulating the price of oil on the futures market on the london exchange where there are no regulations like in the U.S.

just think back and maybe pull up a graph when oil was at 12 dollars a barrel. it wasn't last generation when that occured. it was the 90's. and it didn't have much to do with consumption then vs. now. our dollar was high vs. where it is now. and the big boys were investing in " puts " on the futures board on oil not " calls ".
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Kenneth J. Chadwick
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« Reply #33 on: October 22, 2008, 08:19:26 AM »

The price of oil is below $ 70.00 a barrel.

Now NoBama, what do we do with the windfall profits taxes that you are exposing?


Kenneth J. Chadwick

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« Reply #34 on: October 22, 2008, 09:36:32 AM »

Still 3.25 a gallon here in Elmhurst, IL
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CLOCKERTERRY
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« Reply #35 on: October 22, 2008, 10:10:53 AM »

The price of oil is below $ 70.00 a barrel.

Now NoBama, what do we do with the windfall profits taxes that you are exposing?


You've been told about six times that there's no windfall, therefore no tax, at that level!  doh
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« Reply #36 on: October 22, 2008, 10:34:35 AM »

$2.95 in NC
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« Reply #37 on: October 22, 2008, 10:38:20 AM »

You've been told about six times that there's no windfall, therefore no tax, at that level!  doh

I went to Chicago Public Schools that's why I am slow.

Kenneth J. Chadwick
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CLOCKERTERRY
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« Reply #38 on: October 22, 2008, 11:14:31 AM »

I went to Chicago Public Schools that's why I am slow.

And Loyola.
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Kenneth J. Chadwick
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« Reply #39 on: October 22, 2008, 11:47:55 AM »

And Loyola.

Get it correct,

Loyola University, Lewis Towers.


Kenneth J. Chadwick
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CLOCKERTERRY
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« Reply #40 on: October 22, 2008, 03:02:44 PM »

Get it correct,

Loyola University, Lewis Towers.

Well, no wonder. I didn't think anyone who abuses the English language and spelling as badly as you would have made it past those grumpy old priests at Lakeshore.
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CLOCKERTERRY
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« Reply #41 on: October 22, 2008, 03:03:12 PM »

$3.19 today in the Rogers Park neighborhood of Chicago.
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CLOCKERTERRY
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« Reply #42 on: October 22, 2008, 03:10:41 PM »

sorry, wrong thread.
« Last Edit: October 22, 2008, 03:14:34 PM by CLOCKERTERRY » Report to moderator   Logged
CLOCKERTERRY
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« Reply #43 on: October 22, 2008, 03:13:23 PM »

sorry, wrong thread.
« Last Edit: October 22, 2008, 03:15:34 PM by CLOCKERTERRY » Report to moderator   Logged
pacinfool
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« Reply #44 on: October 22, 2008, 04:00:29 PM »




                          OIL......dropping like a huge rock off the sears tower


             50 dollars a barrel right round the corner    binoculars binoculars binoculars binoculars binoculars binoculars
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Kenneth J. Chadwick
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« Reply #45 on: October 22, 2008, 04:58:33 PM »



                          OIL......dropping like a huge rock off the sears tower


             50 dollars a barrel right round the corner    binoculars binoculars binoculars binoculars binoculars binoculars

At one time if someone said oil was going to be below $ 100.00 a barell I thought they were crazy.

Now $ 50.00, I think you could be correct.


Kenneth J. Chadwick
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mottoman
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« Reply #46 on: October 22, 2008, 05:26:35 PM »

Hugh recession, basically the money has run out, and nobody is traveling for the most part.
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Kenneth J. Chadwick
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« Reply #47 on: October 22, 2008, 06:25:08 PM »

Hugh recession, basically the money has run out, and nobody is traveling for the most part.

I think this will be a hard and fast recession unless Barack who gets elected and raises taxes.

If that happens it will be a prolong recession lasting for about 1 1/2 years to 2 years.

If Barack does get elected and does not raise taxes, figure by July 2009 a turn around.

The worrisome indicator.

Stock market if it breaks the low set on October 10, 2008, this recession is going to be a ball buster.

Look at the price of oil.

It will be the worst recession since the 50s.

A killer.
My concern is when the unemployment benefits run out.  People don't have any money.
A killer.

I predict there will rioting in the streets.

Look out.

If Barack raises taxes that will stop the economy dead in its tracks.

The Dems don't believe it.

You have to read the two rag sheets called Wall Street Journal and Investor Business Daily.

That's it for me.
I have to go back to work.
Anyone who would like to PM me, please do so.

Kenneth J. Chadwick
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Mel from Moline
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« Reply #48 on: October 22, 2008, 07:25:55 PM »

Still fretting that tremedous 3% increase coming Ken? WOW!!!! How will you EVER get by? 3%........I wish I had to worry about it.
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Kenneth J. Chadwick
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« Reply #49 on: October 22, 2008, 07:42:11 PM »

Still fretting that tremedous 3% increase coming Ken? WOW!!!! How will you EVER get by? 3%........I wish I had to worry about it.

I am worry about all those poor people at end of the food chain who don't have job.

Kenneth J. Chadwick
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It's a Wonderful Life, let's live every moment like its your last.
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