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Old 01-02-2008, 01:13 PM   #1 (permalink)
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News: Oil hits $100 per barrel

http://money.cnn.com/2008/01/02/mark...ion=2008010212
Quote:
Violence in Nigeria, supply disruption in Mexico and the prospect of another drop in U.S. inventories and more rate cuts drive crude past the triple-digit mark

...

Analysts are expecting the latest government inventory report - set for release Thursday, to show a 1.8 million barrel decline in crude supplies, according to a Dow Jones poll. It would mark the seventh straight week U.S. crude stocks have dropped.

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Old 01-02-2008, 01:32 PM   #2 (permalink)
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The sooner we switch to plug in hybrids, is the sooner we get control of energy supply.
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Old 01-02-2008, 03:25 PM   #3 (permalink)
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Oh well! No one really thought it was going down, did they?
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Old 01-02-2008, 03:27 PM   #4 (permalink)
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Wait, you mean to tell me that the price won't ever go back to 25 cents a gallon? Oh well, bring it on, I'm about as ready as can be.
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Old 01-02-2008, 04:21 PM   #5 (permalink)
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It's been in the $90s for the past month it was going to top $100 eventually.
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Old 01-02-2008, 06:18 PM   #6 (permalink)
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Finally.
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Old 01-02-2008, 10:45 PM   #7 (permalink)
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the NYT article made it sound as if it was the work of a lone stock trader. As if we shouldn't be too worried about oil prices. These prices are just the work of some trader trying to be a showoff.

Hrmph.

I'll be waiting with baited breath to see how the try to soothe the masses when gas hits $3.50 nationally here in a few months.
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Old 07-16-2008, 12:48 PM   #8 (permalink)
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Quote:
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I'll be waiting with baited breath to see how the try to soothe the masses when gas hits $3.50 nationally here in a few months.
This could be it lol

Oil prices tumble again on US surprise supply jump - Yahoo! News
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Old 07-16-2008, 12:53 PM   #9 (permalink)
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Noooo!
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Old 07-17-2008, 01:28 PM   #10 (permalink)
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yep, as soon as these lower prices hit the pumps the SUV's and crazy speeders will return in full force.. well maybee they will realizes there errors of there ways.. but doubtful.. If gas tumbles to $3.25 -$3.50 a gallon it return to what it was..

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