View Poll Results: Do you prefer us lobbing Potatoes or Grenades to take care of spammers?
Lob potatoes to just stun them
2
18.18%
Lob grenades and remove them from the TMS pool permanently
9
81.82%
Voters: 11. You may not vote on this poll
Mustangs Coast to Coast
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Join Date: March 6, 2012
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Gas prices expected to surge again soon
Gary Strauss, USA TODAY 5:35 p.m. EDT July 11, 2013
Gas prices are heading up again.
Rising crude oil prices and a fall in U.S. supplies are driving wholesale gas prices up sharply. That has yet to be fully reflected at the retail level.
Prices at the pump -- up 4 cents the past week to a national average of $3.52 a gallon -- could climb another 15 cents or higher over the next two weeks. A year ago, the national average was $3.38.
"It's getting ugly,'' says Patrick DeHaan, senior analyst for gasbuddy.com. "First and foremost, the political problems in Egypt are driving crude oil prices, but there has also been a sharp drop in oil supplies the past two weeks. This is coming at a time when demand is at its annual July peak."
Egypt is not a major oil supplier, but ongoing political woes threaten Middle Eastern shipments and were the catalyst behind crude oil prices rising to 15-month highs earlier this week. Benchmark West Texas crude oil eased 1.8% to $104.60 a barrel Thursday. Wholesale gas prices - up 30 cents to 50 cents a gallon on some markets since late June - rose 2.5% to $3.04 a gallon for mid-August delivery. Typically, pump prices are about 75 cents higher.
Gas prices have gyrated for much of the year, rising from an average of $3.29 a gallon at the start of 2013 to $3.79 a gallon in February, then falling to $3.47 a gallon last week. In some regions of the Midwest, where supplies were disrupted by oil refinery outages and extended maintenance, prices spiked to $4.25 a gallon.
The national average for gasoline is now up four consecutive days after falling 24 of the previous 25 days. Midwestern states, including Michigan, Indiana and Ohio, are already experiencing swift, large price hikes, up 16 cents the past week, and could rise another 20 cents by this weekend.
"We may be on a rollercoaster for the rest of the summer,'' says DeHaan.
Francisco Blanch, head of commodities and derivatives research at Bank America/Merrill Lynch, says the rise is temporary.
"I don't think the runup is sustainable,'' Blanch says. "I give it a month."
Gas prices expected to surge again soon
Gary Strauss, USA TODAY 5:35 p.m. EDT July 11, 2013
Gas prices are heading up again.
Rising crude oil prices and a fall in U.S. supplies are driving wholesale gas prices up sharply. That has yet to be fully reflected at the retail level.
Prices at the pump -- up 4 cents the past week to a national average of $3.52 a gallon -- could climb another 15 cents or higher over the next two weeks. A year ago, the national average was $3.38.
"It's getting ugly,'' says Patrick DeHaan, senior analyst for gasbuddy.com. "First and foremost, the political problems in Egypt are driving crude oil prices, but there has also been a sharp drop in oil supplies the past two weeks. This is coming at a time when demand is at its annual July peak."
Egypt is not a major oil supplier, but ongoing political woes threaten Middle Eastern shipments and were the catalyst behind crude oil prices rising to 15-month highs earlier this week. Benchmark West Texas crude oil eased 1.8% to $104.60 a barrel Thursday. Wholesale gas prices - up 30 cents to 50 cents a gallon on some markets since late June - rose 2.5% to $3.04 a gallon for mid-August delivery. Typically, pump prices are about 75 cents higher.
Gas prices have gyrated for much of the year, rising from an average of $3.29 a gallon at the start of 2013 to $3.79 a gallon in February, then falling to $3.47 a gallon last week. In some regions of the Midwest, where supplies were disrupted by oil refinery outages and extended maintenance, prices spiked to $4.25 a gallon.
The national average for gasoline is now up four consecutive days after falling 24 of the previous 25 days. Midwestern states, including Michigan, Indiana and Ohio, are already experiencing swift, large price hikes, up 16 cents the past week, and could rise another 20 cents by this weekend.
"We may be on a rollercoaster for the rest of the summer,'' says DeHaan.
Francisco Blanch, head of commodities and derivatives research at Bank America/Merrill Lynch, says the rise is temporary.
"I don't think the runup is sustainable,'' Blanch says. "I give it a month."
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It was $3.15 here right before the 4th. I've seen it up to $3.59 around town now. I was waiting for my tank to go down so I could change my tune, but it looks like I'll be stuck with 87.
Shelby GT350 Member
Roush Forum Stalker
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Sad but true...
NTSB: No sign of mechanical trouble on Asiana 214
New pilot was simply draggin his ****.
NTSB: No sign of mechanical trouble on Asiana 214
New pilot was simply draggin his ****.
Join Date: December 5, 2006
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“This is a [U.S.] domestic issue,” said Gramatovich. “The Egypt situation is being used as a scapegoat for the reality of the market.”
He expects shale oil, which has contributed to rising production in the U.S., to “fade rapidly over the coming years.”
Depletion rates are “astronomical” for fracked wells — as much as 80% to 90% in the first year, he said.
“You need to keep punching holes to keep it flowing,” he said, and “given that these wells are incredibly expensive to drill, the economics are very sketchy.”
2013 RR Boss 302 #2342
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Hi Diana try to stay diarrhea free today!!!
Service Manager
I've wondered about this whether its the parking lot of the post office or of the courthouse:
You Can Now Bear Arms in a Post Office Parking Lot
A federal judge rules it is OK to bring a gun to a USPS parking lot, but not inside the facility.
http://www.nationaljournal.com/domes...g-lot-20130711
You Can Now Bear Arms in a Post Office Parking Lot
A federal judge rules it is OK to bring a gun to a USPS parking lot, but not inside the facility.
http://www.nationaljournal.com/domes...g-lot-20130711
Yummy, the taste of crap AND Lysol in your sinuses....
Sad but true...
NTSB: No sign of mechanical trouble on Asiana 214
New pilot was simply draggin his ****.
NTSB: No sign of mechanical trouble on Asiana 214
New pilot was simply draggin his ****.
True or false?
“This is a [U.S.] domestic issue,” said Gramatovich. “The Egypt situation is being used as a scapegoat for the reality of the market.”
He expects shale oil, which has contributed to rising production in the U.S., to “fade rapidly over the coming years.”
Depletion rates are “astronomical” for fracked wells — as much as 80% to 90% in the first year, he said.
“You need to keep punching holes to keep it flowing,” he said, and “given that these wells are incredibly expensive to drill, the economics are very sketchy.”
“This is a [U.S.] domestic issue,” said Gramatovich. “The Egypt situation is being used as a scapegoat for the reality of the market.”
He expects shale oil, which has contributed to rising production in the U.S., to “fade rapidly over the coming years.”
Depletion rates are “astronomical” for fracked wells — as much as 80% to 90% in the first year, he said.
“You need to keep punching holes to keep it flowing,” he said, and “given that these wells are incredibly expensive to drill, the economics are very sketchy.”
Morning!
Legacy Tms Member
I'm actually off of work today!! Ill take that advice for tomorrow!
Sounds like a good day! Last time I played "mini" golf with a group of friends, I think someone wont ever have kids .....
Paul it was terrible but we had to get the smell of crappiness out of the lobby and we weren't allowed to open the door so our only choice was Lysol!
Sounds like a good day! Last time I played "mini" golf with a group of friends, I think someone wont ever have kids .....
Paul it was terrible but we had to get the smell of crappiness out of the lobby and we weren't allowed to open the door so our only choice was Lysol!
Post *****
Thread Starter
True or false?
This is a [U.S.] domestic issue, said Gramatovich. The Egypt situation is being used as a scapegoat for the reality of the market.
He expects shale oil, which has contributed to rising production in the U.S., to fade rapidly over the coming years.
Depletion rates are astronomical for fracked wells as much as 80% to 90% in the first year, he said.
You need to keep punching holes to keep it flowing, he said, and given that these wells are incredibly expensive to drill, the economics are very sketchy.
Everyone I've ever talked to says the shale oil they are fracking here supplies gobs of oil and the payoff is quick and that in addition to that in another 5-10 years there is a deeper layer just as plentiful if not more so that they will come back and drill into making it a 20 year field at least.
All they need is oil prices above $70 or so per barrel to make it profitable to continue drilling. The cost of fracking is more and these are deep wells. The only thing that would stop them is low oil prices or some type of moratorium or EPA shut down.
And all of these are on private land BTW. They say if they'd open up government land they could greatly increase production.
Roush Forum Stalker