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  #1  
Old 06-06-2008, 04:49 PM
wbogley wbogley is offline
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Default Oil up over 8% today to $138

Look out at the gas pump, we are going higher!! 8% is the biggest percentage one day gain in oil since 2000!! Oil was up $10.75 today, that is the biggest one day&nbsp\\;move in histroy!
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  #2  
Old 06-06-2008, 04:52 PM
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Donnylee Donnylee is offline
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Default RE: Oil up over 8% today to $138

Gawd what a bargain!&nbsp\\; Well, hang on and enjoy the ride, its going to have the Statue of Liberty on her knees if this sheit keeps up.
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  #3  
Old 06-06-2008, 04:52 PM
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Default RE: Oil up over 8% today to $138

We need emergency legislation to start drilling and refining in our own backyard&nbsp\\;tomorrow!!&nbsp\\;
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  #4  
Old 06-06-2008, 04:57 PM
cosmicHD cosmicHD is offline
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Default RE: Oil up over 8% today to $138

We need to be building more refineries, start drilling in Alaska and the more extensively in the Gulf of Mexico, and investing more in nuclear power. Those three will tide us over as we SERIOUSLY invest money into alternative fuel sources.

Any tree huggers who have a problem with that do not have the right to whine about gas costs, in my opinion!

In addition to the above, the Commodities and Futures markets need more legislation to stop large traders from speculating on oil in the bulk they are currently doing so. That is killing the market in a previously unforeseen way.
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  #5  
Old 06-06-2008, 05:12 PM
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FBTRIKE FBTRIKE is offline
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Default RE: Oil up over 8% today to $138

Hell that was a bargin...as we speak its gone up to $139 a barrell..
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  #6  
Old 06-06-2008, 05:29 PM
mwdguy mwdguy is offline
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Default RE: Oil up over 8% today to $138

Sweet ... more work for me.
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  #7  
Old 06-06-2008, 05:29 PM
Buddha4 Buddha4 is offline
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Default RE: Oil up over 8% today to $138

At one station filled up at 3.999 this morning (last week it was 4.259) this afternoon it was 4.199.
&nbsp\\;
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  #8  
Old 06-06-2008, 05:57 PM
IamZardoz IamZardoz is offline
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Default RE: Oil up over 8% today to $138

Why is it just fine to drill off of Texas and Louisiana but god forbid we drill off the coasts of Califonia or Florida?&nbsp\\; **** that ****!&nbsp\\; The time to start drilling is now.&nbsp\\; Also, did you know the Chinese and Indians are going to start drilling off the coast of Cuba in the strait between Cuba and Key West?&nbsp\\; Im sure they would never do sideways drilling and suck up all our oil.&nbsp\\; Also,&nbsp\\;any oil spent generating electricity is a wasted resource.&nbsp\\;&nbsp\\;Power generation should come from&nbsp\\;coal and nuclear, as well as wind, water and whatever when possible.&nbsp\\;&nbsp\\;
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  #9  
Old 06-06-2008, 06:32 PM
madden23 madden23 is offline
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Default RE: Oil up over 8% today to $138

Consider that price of oil has gone up 89% recently and price of gas has gone up only 27% in the same time period, most gas stations are not making any money on gas, they are relying on convenience sales to stay in business.(and if you pay with a credit card they are probably selling at a loss) I have seen a 35% increase in the cost of goods we buy(petroleum related) at work this year, not even adding the fuel surcharge everyone seems to be tacking on invoices for deliveries now. The price of gas is going to go up substantially. Of course we will see fluctuations at the pump, but overall a steady increase in price.
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  #10  
Old 06-06-2008, 06:36 PM
mudder mudder is offline
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Default RE: Oil up over 8% today to $138

Quote:
ORIGINAL: mwdguy

Sweet ... more work for me.
&nbsp\\;
&nbsp\\;
that was just wrong................
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