$105 oil

[Lazarus]

This is interesting. it used to be that the refineries would run at 95% now they are much lower. hmmm.

1997: 95.1 percent
1998: 95.3 percent
1999: 92.9 percent
2000: 92.3 percent
2001: 92.2 percent
2002: 89.9 percent
2003: 91.8 percent
2004: 92.3 percent
2005: 90.3 percent
2006: 89.4 percent
2007: 88.8 percent
2008 (first eight weeks): 85.9 percent

[ihatejoefitz]

Originally Posted by Chris D.

I talked to a friend thats a trucker and theres going to be a major country
wide strike where they lock down the freeways in protest of gas prices..

donno if its word, but keep it in mind..

Wish him luck, that is grounds for being shot in much of this city.

[Peakster]

Originally Posted by Lazarus

This is interesting. it used to be that the refineries would run at 95% now they are much lower. hmmm.

Holy moly! Maybe that's why they haven't built new refineries lately? There's less and less oil to refine with each passing year.

[njlou]

What are you so concerned about?? Adjusted for inflation (the way the govt does it) it only about $22/barrel!!! thats cheap!!

[Chris D.]

Originally Posted by ihatejoefitz

Wish him luck, that is grounds for being shot in much of this city.

what city?

[ebacherville]

$126 a barrel today.. the $105 that started this thread was only 2 months and 3 days ago... this isn't looking good.

[Chris D.]

Nothing we can do about it..
Just sit back with a beer, watch the prices go up and go "daaaaang brother"

[Peakster]

...or ride your bicycle and laugh at all the motorists that whiz by all hurry-like

[ihatejoefitz]

Originally Posted by Chris D.

what city?

I live on the south side of Kansas City, but if someone were to try that on the north east or north west sides, there would be violence.

Don't get me wrong, it sounds like an awesome idea.

[njlou]

"it's coming home to roost" as they say. We have been lured into a trap. The govt made life miserable for business due to OSHA and EPA laws so we outsourced thinking that we were saving a few dollars. Now that our production dominance is gone our overseas "friends" are slipping it to us again. Govt corruption will never cease. no matter who you vote for it will happen. The new/old question is " When will oil hit $100/bbl??"