PETROLPHOBIA (Page 28/66)
USFiero JAN 16, 01:55 PM
$2.99 a gallon here...
Rallaster JAN 16, 02:07 PM
Put gas in the Malibu today, $2.95/gal.
maryjane JAN 16, 02:45 PM
$2.91
Stubby79 JAN 16, 03:03 PM
$4.25/gallon here, in spite of our dollar being at par with yours... (this is the normal price around here)
Doesn't stop me though!
$Rich$ JAN 16, 03:38 PM
3.05 here
fierobear JAN 16, 03:49 PM

quote
Originally posted by USFiero:

.....and averaging $2.86 nationwide - as low as $2.59 a gallon here or mostly near $2.69 per gallon. It's a plot, I tell ya.



So what is Obama doing to cause oil prices to rise?
jetman JAN 16, 10:59 PM

quote
Originally posted by fierobear:


So what is Obama doing to cause oil prices to rise?



Not sure about Obama but the last time that someone uttered the word "speculation" in congress the price of crude dropped like an anchor down to $40 a barrel. I watch the markets like a hawk, ocassionaly trade, will tell you that the large specs, small specs and the open interest is through the roof, no doubt the hedge funds are involved again. On the other hand, the commercials are heavily short so I'm looking for lower crude prices, same with heating oil and to a degree the gas prices as well. The caveot in all of this is the US Dollar which the federal reserve is hell bent on debasing, we'll see.

fierobear JAN 17, 01:28 AM

quote
Originally posted by jetman:


Not sure about Obama but the last time that someone uttered the word "speculation" in congress the price of crude dropped like an anchor down to $40 a barrel. I watch the markets like a hawk, ocassionaly trade, will tell you that the large specs, small specs and the open interest is through the roof, no doubt the hedge funds are involved again. On the other hand, the commercials are heavily short so I'm looking for lower crude prices, same with heating oil and to a degree the gas prices as well. The caveot in all of this is the US Dollar which the federal reserve is hell bent on debasing, we'll see.



If the dollar inflates, gas prices will go up, that's a given.

heybjorn JAN 17, 09:45 AM
I have an annual physical coming up soon. I will tell my doctor, " I'm having a terrible problem with gas. It's over 3.10 a gallon! "
Doni Hagan JAN 17, 10:08 AM
I saw $3.85 for a gallon of premium on Chicago's North Side yesterday. Gas is usually at least 30-40 cents cheaper just across the state line in Indiana so I NEVER gas up in Chicago.

The Mercedes can't burn anything BUT premium!

[This message has been edited by Doni Hagan (edited 01-17-2011).]