Is it different this time?
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Lead Driver
Joined: Jul 2004
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From: in the woods of MA
Is it different this time?
Oil pushing $100 a barrel...
The dollar continuing to weaken...
Refinement capacity maxing out...
China snapping up more and more crude oil...
Is this another time and place and set of events that really changes the way we operate?
Or is this just the up part of another roller coaster cycle in the trend of fuel prices?
Thoughts?
The dollar continuing to weaken...
Refinement capacity maxing out...
China snapping up more and more crude oil...
Is this another time and place and set of events that really changes the way we operate?
Or is this just the up part of another roller coaster cycle in the trend of fuel prices?
Thoughts?
Postmaster
Joined: Sep 2006
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From: Clearwater, Fl
i feel for people needing home heating fuel this winter.
people are spending on average 700 more this year over last year on auto fuel alone.
we havent seen an increase yet from retailers on increased fuel for them as well, this morning on cnn business, they said to expect a 1 to 1.5% increase in retail costs, over the next 3 months or so.
oil will be 100$ by next week.
4$bucks a gallon by next spring probably
people are spending on average 700 more this year over last year on auto fuel alone.
we havent seen an increase yet from retailers on increased fuel for them as well, this morning on cnn business, they said to expect a 1 to 1.5% increase in retail costs, over the next 3 months or so.
oil will be 100$ by next week.
4$bucks a gallon by next spring probably
Postmaster
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From: Clearwater, Fl
http://www.msnbc.msn.com/id/21666121/
iran announced it has 3000 centerfuges, watch the gas prices soar now!!!
remember when n. korea announced it had centerfuges????well they tested a bomb shortly there after.
and we where thinking iran was a couple of years away from doing this.
not getting off the subject of gas, but this plays a mojor role on what we pay at the pump
iran announced it has 3000 centerfuges, watch the gas prices soar now!!!
remember when n. korea announced it had centerfuges????well they tested a bomb shortly there after.
and we where thinking iran was a couple of years away from doing this.
not getting off the subject of gas, but this plays a mojor role on what we pay at the pump
Post Fiend
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retailers can not afford to pass fuel prices onto consumers. they can in some things like basic products for day to day living, but non essential items i feel they need to keep the prices as low as possible to keep selling them.
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Lead Driver
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From: in the woods of MA
Originally Posted by freirefishing
not getting off the subject of gas, but this plays a mojor role on what we pay at the pump
Post Fiend
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From: Great State of Texas
I heard this A.M. home heating oil will soon be at $ 3.25. Oil @ or near $ 98.00...Gas went up another dime locally. The discount stations are at around $ 2.95. On a side note... In regards, to the dollar...Some big shot celebrities are demanding to be paid in anything but, U.S. dollars.
Higher per / diem cost of living will surely affect retail this Chirstmas...and /or significantly increase the level of individual credit to new highs.
IMO, once we jump over the $ 100.00 / BBL wall it will be easy to get to $ 125.00.
The good news is, this may force families to spend more time at home together.
Higher per / diem cost of living will surely affect retail this Chirstmas...and /or significantly increase the level of individual credit to new highs.
IMO, once we jump over the $ 100.00 / BBL wall it will be easy to get to $ 125.00.
The good news is, this may force families to spend more time at home together.
Postmaster
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From: Clearwater, Fl
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I believe there is a probability we will be involved in some kind of "war" with Iran before Bush leaves office. I won't go into my reasons for believing this unless someone wants to hear 'em. But I just wonder what effect that would have on the oil/gas situation. Hmmm.
Postmaster
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From: Clearwater, Fl
Originally Posted by Keepin It Real
I believe there is a probability we will be involved in some kind of "war" with Iran before Bush leaves office. I won't go into my reasons for believing this unless someone wants to hear 'em. But I just wonder what effect that would have on the oil/gas situation. Hmmm.
70 something treaties between iran and venezuela----one of them being war with iran means war with venezuela.
tighten up the borders, depend less upon foreign products, stay the f*** out of foreign affairs, and if they act up on us,or threaten us, then whoop there ****.
and find terrorists world wide and eliminate them.
it really aint that hard
Elder User
Joined: Sep 2004
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From: Northern PA
This is only the beginning. Peak oil is right around the corner. With the developing world sucking it up faster, there just won't be enough production to keep up. Give it a year or 2, and we may be looking back longingly at 3.50 a gallon gas. IF we can get enough to keep us afloat.
2010 has been touted as the time it all hits the recirculator. I'm not talking about the end of the world, but perhaps the end of things as we know them now.
The western world has a serious problem with consumption, and the rest are running to catch up.
2010 has been touted as the time it all hits the recirculator. I'm not talking about the end of the world, but perhaps the end of things as we know them now.
The western world has a serious problem with consumption, and the rest are running to catch up.
Last edited by AeroPA; Nov 7, 2007 at 03:26 PM.
Elder User
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From: Cornelius, Oregon
Originally Posted by freirefishing
stay the f*** out of foreign affairs, ...
and find terrorists world wide and eliminate them
and find terrorists world wide and eliminate them
Postmaster
Joined: Sep 2006
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From: Clearwater, Fl
NEW YORK - Wall Street suffered its second big drop in a week Wednesday, with investors worried about spreading fallout from the credit crisis at banks and about a dollar that just keeps getting weaker. The Dow Jones industrial average fell more than 360 points — just about matching its plunge of last Thursday.
the news gets better week after week.
and your right aztrainer/gas as we know it is over.
it aint good for the enviro, demand has already exceeded production, and 3rd world countries are going to suck it up faster,along with the US, increasing population, they all add up to finding another alternatives.
the reason why i throw the enviro part in there is this-----if there is supposedly all these oil shales in the us,gulf,alaska, we will never tap into, tree huggin politicians and citizens, wont let it happen.
either tap into the s*** and use it for what its made for, or find other alternatives, or keep getting held hostage by foreign companies, and we will always see the BS excuses as to why the price rises beyond belief.
the best part is watching gas prices rise, on whats already been paid for and sitting in the ground underneath the station.
the news gets better week after week.
and your right aztrainer/gas as we know it is over.
it aint good for the enviro, demand has already exceeded production, and 3rd world countries are going to suck it up faster,along with the US, increasing population, they all add up to finding another alternatives.
the reason why i throw the enviro part in there is this-----if there is supposedly all these oil shales in the us,gulf,alaska, we will never tap into, tree huggin politicians and citizens, wont let it happen.
either tap into the s*** and use it for what its made for, or find other alternatives, or keep getting held hostage by foreign companies, and we will always see the BS excuses as to why the price rises beyond belief.
the best part is watching gas prices rise, on whats already been paid for and sitting in the ground underneath the station.
Postmaster
Joined: Sep 2006
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From: Clearwater, Fl
Originally Posted by FTE Ken
This is nothing new. Back in 1980 adjusted for inflation oil hit $100+ a barrel.
in 1980 india china and other countries werent using it up like they are today. along with the US. you think that will change anytime soon?? i hope you dont think that, because those countries arnt going to stop building,expanding, and consuming until theres no room left to do that.
reasonable gas price days are all gone.