Gas at $1.49 a gallon. =D

wannabe grower

Well-Known Member
Gas is low so G.W. Bush can't be blamed for giving more money to his true masters. If the Doc is correct then the "lag" we see from high shipping costs "should" be lower when the price of gas starts to creep up again during the next few months. It won't be though. People are greedy and they are rarely fair. Suck the tit til the milk runs dry seems to be corporate America's anthem.
 

CrackerJax

New Member
You can invest in many ways... By corp (exxon, mobil) by commodity or by futures. Many other subsets, but those are the main ways.

Just remember that oil corps like exxon dont set the price...... they are in flux just like you.



out. :blsmoke:
 

FLoJo

Well-Known Member
its all dictated... look into lindsey williams... he has said all this will happen...predicted it to the T...its only going to last a year or less
 

Kruzty

Well-Known Member
You guys should try runnin a boat this pasted summer.Gas was 4.39 a gallon most of the summer at the gas dock.Now combine that with 2,,,,,gallons,, PER mile in the big boat.Every mile we burn almost $10.Normal fishin trip is say 10 miles off shore,4hrs of trolling run back,another 10 miles.Hmmm thats $175.00 not including trolling gas, just runnin gas.This past year put a lot of charterboats out of bussiness.
 

medicineman

New Member
tennessee, it's up to $1.37 today...
Tennessee, wow, what a beautiful state. Just got back from a vacation "back East". Spent 4 days in Nashville, then flew to DC and took the amtrack all the way to providence R.I. Drove around the countryside outside of Nashville, beautiful little 5-10 acre "ranches". The prices were astronomical though. It was about 6-8 weeks ago and gas wasn't 1.40 or under, I'm pretty sure it was over 3.00 most places.
 

tipsgnob

New Member
Tennessee, wow, what a beautiful state. Just got back from a vacation "back East". Spent 4 days in Nashville, then flew to DC and took the amtrack all the way to providence R.I. Drove around the countryside outside of Nashville, beautiful little 5-10 acre "ranches". The prices were astronomical though. It was about 6-8 weeks ago and gas wasn't 1.40 or under, I'm pretty sure it was over 3.00 most places.
hey..thats where I live, the countryside outside nashville...you should have stopped by...;-)
 

RayFromGG

Active Member
wow, alot of myths flying around.

It's supply and demand, nothing more. Always was...... despite what ppl tell u.

Oil companies do not SET the price of oil. they are price takers, not price makers. 87% of all oil is controlled by Govts., not private companies.....


So if EXXON was evil incarnate when gas was 5.00, are they now saints because gas is so low? Or does your logic only flow one way? Is that logic?



out. :blsmoke;
Wrong.


Gas prices are set at artificially inflated prices by speculators, people who "speculate" on what the price of oil will be tomorrow and plan around that. That's why we have higher prices, we have more refined oil in stock right now than we did in the early 90's.


Gas is low so G.W. Bush can't be blamed for giving more money to his true masters. If the Doc is correct then the "lag" we see from high shipping costs "should" be lower when the price of gas starts to creep up again during the next few months. It won't be though. People are greedy and they are rarely fair. Suck the tit til the milk runs dry seems to be corporate America's anthem.
Obama, McCain, Bush, Cheney, Biden (especially Biden, worthless architect of the War on Drugs!), Palin, etc are all controlled by the companies. Not necessarily just oil companies, but those are the big guys right now so for the most part it is.
 

Doctor Pot

Well-Known Member
Gas is low so G.W. Bush can't be blamed for giving more money to his true masters. If the Doc is correct then the "lag" we see from high shipping costs "should" be lower when the price of gas starts to creep up again during the next few months. It won't be though. People are greedy and they are rarely fair. Suck the tit til the milk runs dry seems to be corporate America's anthem.
There will be a drop in prices, but it may not be much. Large market fluctuations like this will cause market instability, which results in consumer prices near the higher end of the scale. All the people involved in shipping and processing consumer goods have more risk in an unstable market, and thus will give themselves higher profit margins when their prices are low. Think about it, if you were a storekeeper, you'd give yourself a little extra profit when your costs were unusually low, so you could ride it out when the prices go back up. But if the prices stay low, then you end up competing with other stores and thus have to lower your prices too in order to compete.
 

Woomeister

Well-Known Member
petrol/gas was up to £1.20 per litre 6 weeks ago here, when £1=$2. Now it is £0.89.9 per litre and you get $1.55 per £1.00 so who has it hardest?????
 

ViRedd

New Member
petrol/gas was up to £1.20 per litre 6 weeks ago here, when £1=$2. Now it is £0.89.9 per litre and you get $1.55 per £1.00 so who has it hardest?????
You do, of course. BUT, on the bright side, you have all of that "free" medical care to make up for it. :bigjoint:

Vi

PS: I was wondering ... what is the top income tax rate where you are? And ... coupled with the VAT tax, what is the total tax bill? I remember when Brits were subject to a 90% income tax rate if they made over a certain amount. And by the way, our newly elected Messiah is making noises about instituting a VAT tax here. Ouch!
 

twostarhotel

Well-Known Member
why is everyone making a big deal about yeah its nice but the price is just a big manipulation, they predicted it would go to 50 a barrel and now its droped below that , and alot sooner than they thought, i heard that its even to bankrupt saudi arabia they got barrels for like 80 i guess, total global shutdown, watch bank runs will happen in large numbers by feb march next year, things will shut down, people will be pissed, people will riot, if the news shows it or not, time to start looking for places to live were self sustainablilty is easy
 

CrackerJax

New Member
uhhh if you look at the attitudes of the MASSES, which just voted in MASSIVE govt. control...... people do not wish to be self sustained....because it is not easy to do...anywhere. We have taken the easy road and that is what will lead to our demise. Govt. intervention is the problem, not the solution.




BAAAAA-BAAAAA goes the sheep




out. :blsmoke:
 

medicineman

New Member
uhhh if you look at the attitudes of the MASSES, which just voted in MASSIVE govt. control...... people do not wish to be self sustained....because it is not easy to do...anywhere. We have taken the easy road and that is what will lead to our demise. Govt. intervention is the problem, not the solution.



Look cracker, tell us how to solve this dillema. You seem to have all the answers, at least you seem to think you are smart and the rest of us are sheep, baaaa baaaa, so now, put up or shut up. What in your "esteemed" opinion should we be doing, other than what we are doing to try and stay alive?? You seem to view the world in black and white, IE government bad, Freedom good. So, what are the average Americans, Baaa baaa, to do in this frightening environment?? Please, I'm waiting with open ears.
 

TheBrutalTruth

Well-Known Member
wow, alot of myths flying around.

It's supply and demand, nothing more. Always was...... despite what ppl tell u.

Oil companies do not SET the price of oil. they are price takers, not price makers. 87% of all oil is controlled by Govts., not private companies.....


So if EXXON was evil incarnate when gas was 5.00, are they now saints because gas is so low? Or does your logic only flow one way? Is that logic?



out. :blsmoke;
Well there is more than just the supply and demand, some people (speculators) went and create fake demand and drove the prices up. There was an article about how in either June or July 30% of the outstanding Oil Contracts were all held by a single company that was doing nothing more than Speculating.

I don't remember the name of the company, but I'm sure I could find it again if I googled it.
 

medicineman

New Member
Well there is more than just the supply and demand, some people (speculators) went and create fake demand and drove the prices up. There was an article about how in either June or July 30% of the outstanding Oil Contracts were all held by a single company that was doing nothing more than Speculating.

I don't remember the name of the company, but I'm sure I could find it again if I googled it.
Exactly. I said this a few times on this forum. It was mostly the wall street speculators, that same bunch of crooks that have bankrupted us. From what I see of Wall street, they are a very unscroupulous bunch of greedy thieves, that care nothing about the commodities of which they trade, only if they can make a few bucks in the trade. I'm almost to the point of thinking that closing wall street may be a good thing. Why should a few bright people be allowed to make money out of thin air?
 

TheBrutalTruth

Well-Known Member
Exactly. I said this a few times on this forum. It was mostly the wall street speculators, that same bunch of crooks that have bankrupted us. From what I see of Wall street, they are a very unscroupulous bunch of greedy thieves, that care nothing about the commodities of which they trade, only if they can make a few bucks in the trade. I'm almost to the point of thinking that closing wall street may be a good thing. Why should a few bright people be allowed to make money out of thin air?
But that's all money is, thin air, created by the collective belief that it has to have value...
 

medicineman

New Member
But that's all money is, thin air, created by the collective belief that it has to have value...
Could be, but without it, I'd have no home, no electricity to light and power said home, no fuel to operate my vehicles, no food, etc. It's just that these vermin add air to the mix as they do nothing but take money right out of the transaction. They do not produce anything but hot air, kinda like all those executives with failing companies that are begging for handouts from us, the lowely taxpayer. They are vermin, vultures, ripping flesh off our bones.
 
Top