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runner140 Oil prices ...ie. the cost of gasoline......
Master Guru
Ft. Lauderdale, Florida
721 Posts
Member since:
2005/9/16 0:00



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Crude oil prices closed down almost $5.00 per barrel yesterday and opened this morning up $2.50.(disappointing Exxon earnings). They were actually record high but under analysts estimates. The stock is down $2.50...flight to saftey.

Will see where it closes. Still having a positive effect on gasoline prices in south Florida.
Posted on: 2008/7/31 16:08
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96, white and a ton of miles. Somewhat stock.
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red_johnny Re: Oil prices ...ie. the cost of gasoline......
On Sabbatical
Augusta, GA (85 383 stroker)
3213 Posts
Member since:
2006/7/6 0:00



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I see that they set a record for profits (imagine that) at 11 billion a quarter. What the hell do you do with 11 billion every 3 months? I would like some of their pocket changes on any given day!
Posted on: 2008/7/31 17:00
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Matatk Re: Oil prices ...ie. the cost of gasoline......
Webmaster
SW Chicago Burbs
22805 Posts
Member since:
2008/1/7 0:00



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Well, it can keep going down for all I care. But eventually it'll just start going back up again. It's part of the game.

Matthew
Posted on: 2008/7/31 17:24
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2002 EBM convertible, Magnusson supercharger, cam, headers, etc.
1989 Corvette...RIP
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jsup Re: Oil prices ...ie. the cost of gasoline......
Elite Guru
1778 Posts
Member since:
2005/9/9 0:00



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Oil went up today when the democrats announced they will block drilling and exploration

Party line votes don't lie.

The problem here is the democrats.

End of story.
Posted on: 2008/7/31 17:26
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Parts don't make power, engines make power.
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runner140 Re: Oil prices ...ie. the cost of gasoline......
Master Guru
Ft. Lauderdale, Florida
721 Posts
Member since:
2005/9/16 0:00



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Quote:

red_johnny wrote:
I see that they set a record for profits (imagine that) at 11 billion a quarter. What the hell do you do with 11 billion every 3 months? I would like some of their pocket changes on any given day!


They spent 7 billion on exploration.
Posted on: 2008/7/31 17:39
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96, white and a ton of miles. Somewhat stock.
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BrianCunningham Re: Oil prices ...ie. the cost of gasoline......
Senior Guru
Boston, MA for the most part :)
7763 Posts
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2007/12/30 0:00



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Gas prices are way down here
super is $4.05
regular is $3.85

Laws of supply & demand.
People stopped driving as much.
Posted on: 2008/7/31 19:05
_________________
Polo Green 95 LT1 6-spd http://mysite.verizon.net/vzevcp74/
383 LT1/Vortech Supercharger/AFR heads/Rod end suspension/Penske-Hardbar dual rate coilovers/Wilwood 6pot brakes
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runner140 Re: Oil prices ...ie. the cost of gasoline......
Master Guru
Ft. Lauderdale, Florida
721 Posts
Member since:
2005/9/16 0:00



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Quote:

BrianCunningham wrote:
Gas prices are way down here
super is $4.05
regular is $3.85

Laws of supply & demand.
People stopped driving as much.


Ours hasn't come down that much yet.
Posted on: 2008/7/31 19:17
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96, white and a ton of miles. Somewhat stock.
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pianoguy Re: Oil prices ...ie. the cost of gasoline......
Guru Emeritus
Apple Valley, MN
14762 Posts
Member since:
2007/12/29 0:00



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I saw a low of 3.57 for regular going through Ohio the other day. A veritable bargain :-P
Posted on: 2008/7/31 20:06
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1996 LT4

�Before you criticize someone, you should walk a mile in their shoes. That way when you criticize them, you are a mile away from them and you have their shoes.�- Jack Handey
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Notorious Re: Oil prices ...ie. the cost of gasoline......
Elite Guru
Downbound train, NC
2184 Posts
Member since:
2005/9/17 0:00



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Quote:

jsup wrote:
Oil went up today when the democrats announced they will block drilling and exploration

Party line votes don't lie.

The problem here is the democrats.

End of story.

Yeah, really looking out for the "little guy" ain't they? Let's have a national "smack a tree-hugger" day.
Posted on: 2008/7/31 23:10
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Steve40th Re: Oil prices ...ie. the cost of gasoline......
Elite Guru
1114 Posts
Member since:
2005/12/20 0:00



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If oil prices have gone up, why hasnt oil prices gone up? I am referring to oil in Parts stores. I have seen a change in a long time.
Posted on: 2008/7/31 23:44
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Ko'u ohana aia ku'a ikaika
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Oaklands Re: Oil prices ...ie. the cost of gasoline......
Senior Guru
Morristown, TN
480 Posts
Member since:
2007/12/30 0:00



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I would just like to have the .9 they add to every gallon you pump. I filled up yesterday for $3.74 93 octane.
Posted on: 2008/8/1 0:53
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If duct tape or baling wire won't work, it can't be fixed!
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