Crazy Gas Prices
6/21/08 | 07:09 PM
#81
As soon as gas hit 1.50...like 6 years ago...we should have been drilling....we would be reaping the bennifits by now, but no....we have not done ANYTHING!...just watch the gas prices go up....even if we decided to drill yesterday, its too late....we are F'd for the next 5 years at least...if you would have said $4 a gallon 6 years ago, you would have been sent to a mental institution...$7 a gallon in 3 more years anyone?
6/21/08 | 07:55 PM
#82
Tasca Super Boss 429 Member
Joined: January 4, 2006
Posts: 3,907
Likes: 31
As soon as gas hit 1.50...like 6 years ago...we should have been drilling....we would be reaping the benefits by now, but no....we have not done ANYTHING!...just watch the gas prices go up....even if we decided to drill yesterday, its too late....we are F'd for the next 5 years at least...if you would have said $4 a gallon 6 years ago, you would have been sent to a mental institution...$7 a gallon in 3 more years anyone?
"We would be reaping the benefits."
We as in big oil?
The world is not short of oil.
The price is high for various reasons.
Drilling for more oil just means more profits for Big Oil.
I said $4 a gallon by the year 2010. I said in the last century.
While many told me (and still tell me) I belonged in an institution, I was making fun of Nissan and Toyota introducing BIG trucks a few years ago.
My ex-wife and I both bought 4 cyl. daily drivers in 2003.
Were we wrong?
The handwriting has been on the wall since 1973.
I used to tell people what a bargain gas was and they would look at me funny and say, "A buck a gallon, I don't think so!"
6/21/08 | 08:17 PM
#83
I lust for a M24
Joined: November 6, 2004
Posts: 7,045
Likes: 4
From: Football HOF, Canton OH
We, as in Americans. Big oil, Little oil, I don't care, our economy depends on oil. We should access our own, create good jobs on oil rigs and refineries for Americans, and have our money used in America rather than terrorist supporting nations.
6/21/08 | 08:27 PM
#84
Post *****
Joined: October 9, 2007
Posts: 32,752
Likes: 159
DRILL NOW! Drill in my backyard if you have to.
There putting a nuclear plant about 10 miles south of us and if it were anywhere else in the country everyone would ***** and moan about it, but not here we say bring it on. We're gonna need it. And while your at it you can drill wherever whenever you want. There's a lot of land owners around here getting rich on oil and natural gas just like they did in the 70's. They're thinking of drilling for NG on our land. At $12.92 per 1000cu.ft. I say do it, do it now, and pay me my royalty. I'm going to need it to fill up my Mustang in the future because stupid Californians and Floridians won't drill off their coasts.
There putting a nuclear plant about 10 miles south of us and if it were anywhere else in the country everyone would ***** and moan about it, but not here we say bring it on. We're gonna need it. And while your at it you can drill wherever whenever you want. There's a lot of land owners around here getting rich on oil and natural gas just like they did in the 70's. They're thinking of drilling for NG on our land. At $12.92 per 1000cu.ft. I say do it, do it now, and pay me my royalty. I'm going to need it to fill up my Mustang in the future because stupid Californians and Floridians won't drill off their coasts.
6/22/08 | 08:49 PM
#91
I lust for a M24
Joined: November 6, 2004
Posts: 7,045
Likes: 4
From: Football HOF, Canton OH
With a 5 gallon tank. 
This is my mower - http://ferrisindustries.com/pages/mo...?product_id=25
I know, not your average Craftsman.
This is my mower - http://ferrisindustries.com/pages/mo...?product_id=25
I know, not your average Craftsman.
6/22/08 | 10:17 PM
#93
GTR Member
Joined: April 20, 2005
Posts: 4,661
Likes: 1
From: Tampa,FL
With a 5 gallon tank.
This is my mower - http://ferrisindustries.com/pages/mo...?product_id=25
I know, not your average Craftsman.
This is my mower - http://ferrisindustries.com/pages/mo...?product_id=25
I know, not your average Craftsman.
6/23/08 | 06:37 AM
#95
I lust for a M24
Joined: November 6, 2004
Posts: 7,045
Likes: 4
From: Football HOF, Canton OH
Just for fun. I also mow my Grandma's grass for her and her elderly neighbor's lawn; a little over an acre and half between the two. 
And no, I don't have a sulky. I get my exercise this way.
And no, I don't have a sulky. I get my exercise this way.
can you do mine too
6/23/08 | 08:56 AM
#97
Mach 1 Member
Joined: January 31, 2008
Posts: 603
Likes: 0
DRILL NOW! Drill in my backyard if you have to.
There putting a nuclear plant about 10 miles south of us and if it were anywhere else in the country everyone would ***** and moan about it, but not here we say bring it on. We're gonna need it. And while your at it you can drill wherever whenever you want. There's a lot of land owners around here getting rich on oil and natural gas just like they did in the 70's. They're thinking of drilling for NG on our land. At $12.92 per 1000cu.ft. I say do it, do it now, and pay me my royalty. I'm going to need it to fill up my Mustang in the future because stupid Californians and Floridians won't drill off their coasts.
There putting a nuclear plant about 10 miles south of us and if it were anywhere else in the country everyone would ***** and moan about it, but not here we say bring it on. We're gonna need it. And while your at it you can drill wherever whenever you want. There's a lot of land owners around here getting rich on oil and natural gas just like they did in the 70's. They're thinking of drilling for NG on our land. At $12.92 per 1000cu.ft. I say do it, do it now, and pay me my royalty. I'm going to need it to fill up my Mustang in the future because stupid Californians and Floridians won't drill off their coasts.
7/30/08 | 07:00 AM
#98
The Man... keeping you down.
Joined: August 15, 2004
Posts: 823
Likes: 1
From: Stealin' ur internetz
Bloomberg Energy
July 30 (Bloomberg) -- Crude oil fell from its lowest close in 12 weeks on speculation gasoline demand in Asia and the U.S. may slow after near-record prices reduced consumption.
A U.S. Energy Department report today may show that gasoline supplies rose for a fifth week, according to a Bloomberg News survey. Gasoline use has slipped for 14 straight weeks as high pump prices kept people closer to home, MasterCard Inc. reported yesterday.
``The key consideration in the market this week has been demand destruction,'' said Christopher Bellew, senior broker at Bache Commodities Ltd. in London. ``All the warning signs about the U.S. economy have prompted speculators to reduce their exposure, so that the next layer of support is at $117.''
Crude oil for September delivery fell as much as 94 cents, or 0.8 percent, to $121.25 a barrel on the New York Mercantile Exchange. It was $121.94 at 12:52 p.m. London time.
Yesterday, it fell $2.54, or 2 percent, to $122.19 a barrel, the lowest close since May 6. Prices have dropped more than $25 a barrel, or 17 percent, from their July 11 record.
Doubts about U.S. demand outweighed this week's renewed threat to supply from Nigeria, Africa's second-largest producer. The country is producing less than 1 million barrels a day, under half its output two years ago, ThisDay reported, following militant sabotage such as this week's attack on a Royal Dutch Shell Plc pipeline.
The U.S. Energy Department report will probably show that gasoline inventories rose 400,000 barrels last week, according to the Bloomberg survey.
``With this pullback and possibly down to $110 or $115 I think the price will stabilize a little bit before marching north again,'' said Alan Mandel, president of AlanM Trading Co. in New York.
Guess who has Crude Oil Futures in limbo?
Less Driving
U.S. motorists drove less for a seventh consecutive month in May, as vehicle-miles traveled on all U.S. roads fell 3.7 percent during the month from a year earlier, the Federal Highway Administration said in a report July 28. The seven-month slide is the longest downward streak since 1979.
Demand for oil and petroleum products dropped 4.3 percent in May from a year earlier to 19.7 million barrels a day, according to Energy Department data released July 28. That's 889,000 barrels a day less for the first five months of the year, compared with the same period a year earlier.
There is 5 percent to 10 percent gasoline ``demand destruction'' now from the year ago in industrialized nations of the Organization for Economic Cooperation and Development, BP Chief Executive Officer Tony Hayward told reporters in London yesterday.
[VIKI from I,Robot] My economics is undeniable. [/VIKI]
$25 is pretty good; now we only have $50 more to go...
Originally Posted by Crude Oil Falls From 12 Week-Low on U.S. Fuel Demand Concern
July 30 (Bloomberg) -- Crude oil fell from its lowest close in 12 weeks on speculation gasoline demand in Asia and the U.S. may slow after near-record prices reduced consumption.
A U.S. Energy Department report today may show that gasoline supplies rose for a fifth week, according to a Bloomberg News survey. Gasoline use has slipped for 14 straight weeks as high pump prices kept people closer to home, MasterCard Inc. reported yesterday.
``The key consideration in the market this week has been demand destruction,'' said Christopher Bellew, senior broker at Bache Commodities Ltd. in London. ``All the warning signs about the U.S. economy have prompted speculators to reduce their exposure, so that the next layer of support is at $117.''
Crude oil for September delivery fell as much as 94 cents, or 0.8 percent, to $121.25 a barrel on the New York Mercantile Exchange. It was $121.94 at 12:52 p.m. London time.
Yesterday, it fell $2.54, or 2 percent, to $122.19 a barrel, the lowest close since May 6. Prices have dropped more than $25 a barrel, or 17 percent, from their July 11 record.
Doubts about U.S. demand outweighed this week's renewed threat to supply from Nigeria, Africa's second-largest producer. The country is producing less than 1 million barrels a day, under half its output two years ago, ThisDay reported, following militant sabotage such as this week's attack on a Royal Dutch Shell Plc pipeline.
The U.S. Energy Department report will probably show that gasoline inventories rose 400,000 barrels last week, according to the Bloomberg survey.
``With this pullback and possibly down to $110 or $115 I think the price will stabilize a little bit before marching north again,'' said Alan Mandel, president of AlanM Trading Co. in New York.
Originally Posted by Continued
Less Driving
U.S. motorists drove less for a seventh consecutive month in May, as vehicle-miles traveled on all U.S. roads fell 3.7 percent during the month from a year earlier, the Federal Highway Administration said in a report July 28. The seven-month slide is the longest downward streak since 1979.
Demand for oil and petroleum products dropped 4.3 percent in May from a year earlier to 19.7 million barrels a day, according to Energy Department data released July 28. That's 889,000 barrels a day less for the first five months of the year, compared with the same period a year earlier.
There is 5 percent to 10 percent gasoline ``demand destruction'' now from the year ago in industrialized nations of the Organization for Economic Cooperation and Development, BP Chief Executive Officer Tony Hayward told reporters in London yesterday.
$25 is pretty good; now we only have $50 more to go...
