September crude contracts closed down $5.03 at $114.99 (2:00 CDT).
The markets will continue to be very volatile, but without war in
the Middle East, prices should continue to drop. I expect some stability
in the $60 - $80 range. This would price retail gasoline in a range of
$1.75 -$2.25 or either side of $2.00.
8-)
Oil Prices Plunge!
Started by
roadwarrior
, Aug 08 2008 02:25 PM
522 replies to this topic
#1
roadwarrior
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From a human perspective, they're like Twinkies.
Posted August 08 2008 - 02:25 PM
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#2
S I G M A
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Here fishy fishy... I have shiny objects...
Posted August 08 2008 - 02:26 PM
$2.00 gas? perhaps a little too optimistic...
#3
fishfordollars
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Posted August 08 2008 - 02:28 PM
Sad part is everyone now thinks 3.25 a gallon is cheap. They are conditioning us for the future.
Why fish Mexico when you have Lake Falcon.
Roll Tide!
Roll Tide!
#4
Hookemdown.
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Posted August 08 2008 - 02:43 PM
They are conditioning us for the future.
That sounds like a conspiracy plot from the 70's
Goodfella
#5
Still a Bigbuckifan
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It's not a snook it's a barramundi
Posted August 08 2008 - 02:49 PM
I hope and pray for $2.00 gas but i don't see it Happening. Last I checked there still was a war in the Middle East and it doesn't seem like that's going to change any time soon. (Now matter what happens in November) I really hope your right though.
"One day one of my little nephews came up to me and asked me if the equator was a real line that went around the Earth, or just an imaginary one. I had to laugh. Laugh and laugh. Because I didn't know, and I thought that maybe by laughing he would forget what he asked me."
#6
Hookemdown.
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Posted August 08 2008 - 03:08 PM
Make that two wars in the middle east.
Goodfella
#7
Newman12Fan
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my 2 favorite things - Fishing and NASCAR
Posted August 08 2008 - 03:12 PM
Well gas went up over 20 cents here last night. It always does that when I drive home from work and say "I need to get gas in the morning"
#8
Raul
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Posted August 08 2008 - 03:12 PM
You 've been paying $3+ gas, why would the oil companies reduce their prices if you have already been paying more ?
Once a time American influence in the oil market was huge, nowdays other countries like China, India and the European Union outweight the American influence, you are not willing to pay somebody else is willing to do it.
Oil companies don 't care about you, all they care is about profit, the only flag they adhere to is money regardless of what color it is and where it comes from.
Once a time American influence in the oil market was huge, nowdays other countries like China, India and the European Union outweight the American influence, you are not willing to pay somebody else is willing to do it.
Oil companies don 't care about you, all they care is about profit, the only flag they adhere to is money regardless of what color it is and where it comes from.
"Everybody 's talkin ' 'bout the new sound, funny, but it 's still rock n 'roll to me."
#9
zellamander
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Flip'n in slips and Rip'n lips!!
Posted August 08 2008 - 03:16 PM
That would be amazing. But does anybody actually think that will happen? I mean, I guess there is a possibility that it could happen until November... but I bet it doesn't stay like that afterwards
Always in persuit of that big bite.
#10
zellamander
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Flip'n in slips and Rip'n lips!!
Posted August 08 2008 - 03:20 PM
Where are you that gas went up again? In Pittsburg, KS gas just went down again to 3.69 a gallon. That's .30 cents down in like 2 weeks.
Always in persuit of that big bite.
#11
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Posted August 08 2008 - 03:42 PM
Make that two wars in the middle east.
Two wars, one standoff with Iran, and turmoil in Israel. When is the Middle East ever really been at Peace? Not in the last 2000 years at least.
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#12
fishfordollars
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Posted August 08 2008 - 04:28 PM
Gas is at 3.54 a gallon here today. A three cent drop from Wednesday.
Why fish Mexico when you have Lake Falcon.
Roll Tide!
Roll Tide!
#13
Still a Bigbuckifan
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It's not a snook it's a barramundi
Posted August 08 2008 - 05:42 PM
when will the middle east be at peace Not for 2000 more yearsTwo wars, one standoff with Iran, and turmoil in Israel. When is the Middle East ever really been at Peace? Not in the last 2000 years at least.
"One day one of my little nephews came up to me and asked me if the equator was a real line that went around the Earth, or just an imaginary one. I had to laugh. Laugh and laugh. Because I didn't know, and I thought that maybe by laughing he would forget what he asked me."
#14
fishfordollars
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Posted August 08 2008 - 06:58 PM
when will the middle east be at peace Not for 2000 more yearsTwo wars, one standoff with Iran, and turmoil in Israel. When is the Middle East ever really been at Peace? Not in the last 2000 years at least.
They have never had peace. Never will either.
Why fish Mexico when you have Lake Falcon.
Roll Tide!
Roll Tide!
#15
Still a Bigbuckifan
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It's not a snook it's a barramundi
Posted August 08 2008 - 07:38 PM
Not till the clouds part and the trumpet sounds.Quote:
Two wars, one standoff with Iran, and turmoil in Israel. When is the Middle East ever really been at Peace? Not in the last 2000 years at least.
when will the middle east be at peace Not for 2000 more years
They have never had peace. Never will either.
"One day one of my little nephews came up to me and asked me if the equator was a real line that went around the Earth, or just an imaginary one. I had to laugh. Laugh and laugh. Because I didn't know, and I thought that maybe by laughing he would forget what he asked me."
