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View Full Version : Oil.....Projected at $70 a barrel Monday


STLantny
08-28-2005, 07:33 PM
fill up now.

Sponger15SB
08-28-2005, 07:50 PM
I have no idea what this means? How much per barrel is it at? I hear numbers on the news all the time but it means nothing to me.

How much per gallon will it increase?

STLantny
08-28-2005, 08:01 PM
Basically, its over 3$ a gallon, for 87 octane. After the strom passes, expect higher, the grudgereport says approximately 25% of the local oil come through that area, refinery-wise.

wonderwes
08-28-2005, 08:04 PM
In southern Cali

http://us.news3.yimg.com/us.i2.yimg.com/p/ap/20050828/capt.la10108282217.gas_prices_la101.jpg

ThaSaltCracka
08-28-2005, 08:05 PM
holy [censored]!!

We pay 2.60 here.

ChoicestHops
08-28-2005, 08:06 PM
It's $2.60 here too.

STLantny
08-28-2005, 08:07 PM
I filled up at 2.39 today.

utmt40
08-28-2005, 08:07 PM
2.55 here

ThaSaltCracka
08-28-2005, 08:07 PM
[ QUOTE ]
I filled up at 2.39 today.

[/ QUOTE ]I would nut in my pants if I saw gas prices that low.

utmt40
08-28-2005, 08:09 PM
[ QUOTE ]
I filled up at 2.39 today.

[/ QUOTE ]

bastard

lu_hawk
08-28-2005, 08:09 PM
[ QUOTE ]
In southern Cali

http://us.news3.yimg.com/us.i2.yimg.com/p/ap/20050828/capt.la10108282217.gas_prices_la101.jpg

[/ QUOTE ]

is that a legit price? because that looks like some bizzaro gas station on the beach that is filling up a golf cart and thus might not be what you pay at a regular gas station in your car.

STLantny
08-28-2005, 08:10 PM
http://www.ahding.com/cheapgas/


St. Louis cheapest price 2.37. I check it everytime I have to fillup.

utmt40
08-28-2005, 08:14 PM
[ QUOTE ]
http://www.ahding.com/cheapgas/


St. Louis cheapest price 2.37. I check it everytime I have to fillup.

[/ QUOTE ]

Thanks

Sponger15SB
08-28-2005, 08:30 PM
[ QUOTE ]
Basically, its over 3$ a gallon, for 87 octane. After the strom passes, expect higher, the grudgereport says approximately 25% of the local oil come through that area, refinery-wise.

[/ QUOTE ]

Wow over $3 a gallon, thats like a 7 cent hike!

But since you're paying $2.40 in STL, does that mean I'll be paying an extra 60 cents (ie $3.45-55) in san diego?

ThaSaltCracka
08-28-2005, 08:31 PM
thanks!!!!

STLantny
08-28-2005, 08:33 PM
I have no idea, but I would believe not. I dont think its it increases geometrically. IE, you will always pay 30 cents more than me, and I pay what I pay based on the barrel price, and vice versa.

Voltron87
08-28-2005, 08:45 PM
my subway ride still costs 2$, i have no idea what you guys are talking about.

STLantny
08-28-2005, 08:46 PM
Chicks dig the urine free smell of my leather interior.
I win.

Voltron87
08-28-2005, 08:50 PM
the subways are really not dirty. there are exceptions, of course, but theyre very rare.

RacersEdge
08-28-2005, 09:08 PM
[ QUOTE ]
http://www.ahding.com/cheapgas/


St. Louis cheapest price 2.37. I check it everytime I have to fillup.

[/ QUOTE ]

Really? You would drive out of your way to save a few cents a gallon?

STLantny
08-28-2005, 09:11 PM
No, but I fill up at the cheapest one around me, or, if I have to run errands etc, Ill fill up at the cheap station, using this list to find my route etc.

RacersEdge
08-28-2005, 09:24 PM
[ QUOTE ]
No, but I fill up at the cheapest one around me, or, if I have to run errands etc, Ill fill up at the cheap station, using this list to find my route etc.

[/ QUOTE ]

I guess it can add up. Somehow, the frugal genes skipped me - I go to whichever gas station is on the right side of the road whenever I get close to E.

STLantny
08-28-2005, 09:26 PM
Ya, Im not frugal, someone just showed me that site, and its easy to checkout before I fill up. Plus it just leaves me a couple extra bucks to spend on booze and lapdances.

utmt40
08-28-2005, 09:28 PM
LOL

Uglyowl
08-28-2005, 09:54 PM
www.fuelgaugereport.com (http://www.fuelgaugereport.com) is the best place for gas averages updated daily

wonderwes
08-29-2005, 02:26 AM
[ QUOTE ]
[ QUOTE ]
In southern Cali

http://us.news3.yimg.com/us.i2.yimg.com/p/ap/20050828/capt.la10108282217.gas_prices_la101.jpg

[/ QUOTE ]

is that a legit price? because that looks like some bizzaro gas station on the beach that is filling up a golf cart and thus might not be what you pay at a regular gas station in your car.

[/ QUOTE ]

The picture came from yahoo news.

goodguy_1
08-29-2005, 02:33 AM
SPZ's trading ~8.44 below fair value that projects a Dow opening down about 73 points..

CME Globex2 Flash Quotes (http://www.cme.com/trading/dta/del/globex.html)

CBOT-DJIA Futures (http://www.cbot.com/cbot/pub/page/0,3181,1411,00.html)

casinogosain
08-29-2005, 05:02 PM
Translated -
Oil prices expected to rise 15-20 cents/gallon this week.

-Ash

RunDownHouse
08-29-2005, 05:16 PM
I was surprised by how many people I hear moan about gas prices and how few of those people have changed their driving habits in any way. It sucks to have prices this high, but I guess all those people are simply saving less in favor of driving the same.

Alobar
08-29-2005, 06:23 PM
[ QUOTE ]
I was surprised by how many people I hear moan about gas prices and how few of those people have changed their driving habits in any way. It sucks to have prices this high, but I guess all those people are simply saving less in favor of driving the same.

[/ QUOTE ]

which is exactly why gas prices will never drop. Why should they? They sell just as much gas now at $2.80 a gallon as they did at $1.50 a gallon, if you can sell it for more and people will still buy it, you are an idiot to sell it for less again.

RunDownHouse
08-29-2005, 06:29 PM
Prices will drop eventually. The increased price will make many previously costly reserves profitable to extract. It will take time for the infrastucture to come on-line, but when it does, prices will drop from wherever they are.

Who knows where that will be, though.

Il_Mostro
08-30-2005, 08:52 AM
Tell me, if it's not extracted because it is not economically viable at low prices, why will extracting it at higher prices lower the price?

And there is nothing to say that those reserves exist, or if they do that they are large enough and/or can be extracted at a high enough rate to even offset depletion in the main fields.

jakethebake
08-30-2005, 08:56 AM
Typical market overraction. It'll come back down.

HesseJam
08-30-2005, 08:58 AM
In Germany the current gas/US gallon price is $5.90, you pussies!

ChipWrecked
08-30-2005, 09:00 AM
http://www.centralatlantaprogress.org/images/Transportation/bicycle.jpg

jakethebake
08-30-2005, 09:03 AM
[ QUOTE ]
http://www.centralatlantaprogress.org/images/Transportation/bicycle.jpg

[/ QUOTE ]

What a moran. He saved a quarter in gas and now gets to spend the next hour sweating in his office and stinking the rest of the day.

ChipWrecked
08-30-2005, 09:11 AM
[ QUOTE ]
[ QUOTE ]
http://www.centralatlantaprogress.org/images/Transportation/bicycle.jpg

[/ QUOTE ]

What a moran. He saved a quarter in gas and now gets to spend the next hour sweating in his office and stinking the rest of the day.

[/ QUOTE ]

Typical American response. 700 million Chinese can't all be wrong!

(we have showers at my work, heh. dig deep, bros)

jakethebake
08-30-2005, 09:17 AM
[ QUOTE ]
Typical American response. 700 million Chinese can't all be wrong!

[/ QUOTE ]

Typical third world response...and you really need a history lesson.

[ QUOTE ]
(we have showers at my work, heh. dig deep, bros)

[/ QUOTE ]

Is this why Americans are so much more productive? Because we're working at work instead of spending all our time in the shower?