|
|
|
|
| Author |
|
|
Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
|
What's OPEC To Do?
http://news.yahoo.com/s/ap/20070108/ap_on_bi_ge/oil_prices
It seems even putting out rumors of production cuts isn't effectively spooking the market.
__________________
Some Porsches long ago...then a wankle... 5 liters of VVT fury now -Chris "There is freedom in risk, just as there is oppression in security." |
||
01-08-2007, 10:13 AM
|
|
|
Unconstitutional Patriot
Join Date: Apr 2000
Location: volunteer state
Posts: 5,620
|
Donkey control of Congress is good for a $10/bbl price discount. That, and obviously GW is losing his ability to increase profits for his cronies. It is time to wage a new war in the Middle East. Free SUVs for everyone.
|
||
|
01-08-2007, 10:36 AM
|
|
|
Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
|
With prices consistently declining. I give it a week, tops, before we see some saber-rattling from Iran and/or Venezuela.
__________________
Some Porsches long ago...then a wankle... 5 liters of VVT fury now -Chris "There is freedom in risk, just as there is oppression in security." |
||
|
01-10-2007, 05:17 AM
|
|
|
Registered ConfUser
Join Date: Aug 2006
Location: Waterlogged
Posts: 23,498
|
Interesting that oil prices have been low for weeks, but prices at the pump haven't changed appreciably.
Hmmmmmm. Last summer, if a Shiek farted in SA, oil prices went up and gas prices went up almost instantly in response. I'm sure it's all completely explainable and ethical. Nothing to see here. Move on...
__________________
Mike “I wouldn’t want to live under the conditions a person could get used to”. -My paternal grandmother having immigrated to America shortly before WWll. Last edited by Chocaholic; 01-10-2007 at 05:32 AM.. |
||
|
01-10-2007, 05:28 AM
|
|
|
Unconstitutional Patriot
Join Date: Apr 2000
Location: volunteer state
Posts: 5,620
|
Speculation on my part, but we may be running at capacity at refining plants in the US, so gasoline prices may not show significant change.
The decline is more widespread than crude oil. Copper and other materials are declining, as well, indicating that some speculative positions are unwinding and/or demand is falling. |
||
|
01-10-2007, 05:38 AM
|
|
|
Friend of Warren
Join Date: Oct 2000
Location: Lincoln, NE
Posts: 16,491
|
Our price at the pumps just dropped 10 cents a gallon yesterday from $2.19 to $2.09 for regular unleaded.
__________________
Kurt V No more Porsches, but a revolving number of motorcycles. |
||
|
01-10-2007, 06:12 AM
|
|
|
|
Registered
Join Date: Jul 2005
Posts: 3,085
|
Quote:
__________________
Peter '79 930, Odyssey kid carrier, Prius sacrificial lamb Missing  997.1 GT3 RSnil carborundum illegitimi |
||
|
01-10-2007, 06:15 AM
|
|
|
Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
|
Quote:
__________________
Some Porsches long ago...then a wankle... 5 liters of VVT fury now -Chris "There is freedom in risk, just as there is oppression in security." |
||
|
01-10-2007, 06:30 AM
|
|
|
Registered
Join Date: Jul 2005
Posts: 3,085
|
Eventually
__________________
Peter '79 930, Odyssey kid carrier, Prius sacrificial lamb Missing 997.1 GT3 RSnil carborundum illegitimi |
||
|
01-10-2007, 08:07 AM
|
|
