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#758396 - 05/08/12 07:48 PM Crude oil prices are dropping like a rock.
Dave Vedder Offline
Reverend Tarpones

Registered: 10/09/02
Posts: 8379
Loc: West Duvall
So I guess Romney will be praising Obama for causing the drop?
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#758403 - 05/08/12 07:56 PM Re: Crude oil prices are dropping like a rock. [Re: ]
Todd Offline
Dick Nipples

Registered: 03/08/99
Posts: 27840
Loc: Seattle, Washington USA
Note how "not dropping like a rock" the gas prices will be...and they'll say it's because you're buying gas that was purchased back when the price was higher.

Then when the oil price rises again, somehow...miraculously, some might say...the gas prices will go up approximately seven seconds later, in response to the "market price".

Fish on...

Todd

P.S. I think it was Gingrich, too.
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#758406 - 05/08/12 08:04 PM Re: Crude oil prices are dropping like a rock. [Re: Dave Vedder]
stlhead Offline
River Nutrients

Registered: 03/08/99
Posts: 6732
Originally Posted By: Dave Vedder
So I guess Romney will be praising Obama for causing the drop?


Romney thinks it's the 1%'er's trickling down their love but if it lasts long they'll have to sacrifice some 99%'er's to the god of oil.
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"You learn more from losing than you do from winning." Lou Pinella

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#758414 - 05/08/12 08:12 PM Re: Crude oil prices are dropping like a rock. [Re: ]
Brewer Offline
2112

Registered: 01/11/07
Posts: 4898
Loc: in the mass production zone
read in the paper that gas will be abou 3.70 ish all the way into sept. the cheapest summer gas prices in 6 yrs.
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#758416 - 05/08/12 08:14 PM Re: Crude oil prices are dropping like a rock. [Re: Brewer]
Todd Offline
Dick Nipples

Registered: 03/08/99
Posts: 27840
Loc: Seattle, Washington USA
Wait...stockpiles are up? I thought we had to drill more...and more...or we'd be paying $6 soon?

You're not suggesting that we're already drilling more than we need, and that's why the price is going down, are you?

Sure sounds like it.

Fish on...

Todd
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#758422 - 05/08/12 08:25 PM Re: Crude oil prices are dropping like a rock. [Re: ]
Todd Offline
Dick Nipples

Registered: 03/08/99
Posts: 27840
Loc: Seattle, Washington USA
I'm still confused...demand is down, prices are going down, our stockpiles are high...but we need to elect Romney so that we can drill more because we need to have more to sell to China, so that gas prices will be lower here?

Fish on...

Todd
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#758426 - 05/08/12 08:43 PM Re: Crude oil prices are dropping like a rock. [Re: ]
Todd Offline
Dick Nipples

Registered: 03/08/99
Posts: 27840
Loc: Seattle, Washington USA
But we're already producing more than during the Bush years...and clearly producing more than we need already.

What we need to do is stop exporting oil to China and India, and stop buying it from OPEC and Canada. 'Course then we wouldn't be playing patty cake with Saudi Arabia anymore...which I would say is a fuckin good thing, since they have more terrorists there than Yemen, Afghanistan, and Pakistan combined, and human rights abuses right up there with China.

Fish on...

Todd
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#758434 - 05/08/12 09:06 PM Re: Crude oil prices are dropping like a rock. [Re: ]
Todd Offline
Dick Nipples

Registered: 03/08/99
Posts: 27840
Loc: Seattle, Washington USA
It's a great story, and one I heard today...but it doesn't change the fact that there are more terrorists in Saudi Arabia than anywhere else combined...remember that little thing on 9/11? Where were all those guys from again?

Any country other than Saudi Arabia and we'd have bombed them, too...but not Bush's cousins, oh no.

Fish on...

Todd
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#758437 - 05/08/12 09:13 PM Re: Crude oil prices are dropping like a rock. [Re: Todd]
larryb Offline
The Rainman

Registered: 03/05/01
Posts: 2314
Loc: elma washington
demand down, supply up, price in rest of state down price in elma up 8 cents a gallon this week.
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Don't argue with an idiot; people watching may not be able to tell the difference.
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#758438 - 05/08/12 09:16 PM Re: Crude oil prices are dropping like a rock. [Re: larryb]
Todd Offline
Dick Nipples

Registered: 03/08/99
Posts: 27840
Loc: Seattle, Washington USA
Clearly those in Elma hate 'Merica.

Shame on you, Larry.

Fish on...

Todd
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#758448 - 05/08/12 09:39 PM Re: Crude oil prices are dropping like a rock. [Re: ]
Todd Offline
Dick Nipples

Registered: 03/08/99
Posts: 27840
Loc: Seattle, Washington USA
Horseshit...they "hate our Freedom". We certainly have done nothing to deserve being disliked by muslims.

Why do you hate 'Merica so much?

Fish on...

Todd
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#758451 - 05/08/12 09:51 PM Re: Crude oil prices are dropping like a rock. [Re: Todd]
RowVsWade Offline
River Nutrients

Registered: 11/08/06
Posts: 3359
Loc: Island Time
Only if "they" who hate our freedom aren't the 50%+ Muslim women. I'm sure the monkeyphvkin muslim men don't like bein' told rape is bad and killing your daughter is a chitty thing to do but I gaurangodamty you the muslim women like their freedom (if they could take off the burkha long enough to see it). At least when they're not scared chitless of bein' beat or disfigured for feeling free.

Todd...why do hate women? I'm sure rejection and ridicule has taken its toll but come on buddy....a muslim chick might listen to you long enough for you to feel validated. But that would mean the hit count on PP would go down substantially.
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"...the pool hall I loved as a kid is now a 7-11..."

If you don't like our prices bring your wife down and we'll dicker.

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#758465 - 05/08/12 10:27 PM Re: Crude oil prices are dropping like a rock. [Re: RowVsWade]
Todd Offline
Dick Nipples

Registered: 03/08/99
Posts: 27840
Loc: Seattle, Washington USA
"They", the ones who commit terrorist attacks against us, don't give crap one about our "freedom"...they don't like the way we treat them, or the way we suck up to those who treat them like dirt (like the House of Saud).

"They" don't know schit about our "freedom"...

Fish on...

Todd
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#758467 - 05/08/12 10:28 PM Re: Crude oil prices are dropping like a rock. [Re: RowVsWade]
Dave Vedder Offline
Reverend Tarpones

Registered: 10/09/02
Posts: 8379
Loc: West Duvall
Damn, that was some goooood bait!!!
_________________________
No huevos no pollo.

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#758469 - 05/08/12 10:30 PM Re: Crude oil prices are dropping like a rock. [Re: Dave Vedder]
The Moderator Offline
The Chosen One

Registered: 02/09/00
Posts: 13954
Loc: Mitulaville
Good thing we're not talking about the success/failure of the market....then I'd take credit/fault for that!

Got nuthin' on oil.

$8/gallon gas and the market collapses at 2500 by 2016.....when Superfly is elected President!

"Fly/Palin For Change 2016!!!"

laugh
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#758539 - 05/09/12 01:02 AM Re: Crude oil prices are dropping like a rock. [Re: Todd]
Steelheadman Offline
River Nutrients

Registered: 03/15/99
Posts: 4167
Loc: Poulsbo, WA,USA
Originally Posted By: Todd
Note how "not dropping like a rock" the gas prices will be...and they'll say it's because you're buying gas that was purchased back when the price was higher.

Then when the oil price rises again, somehow...miraculously, some might say...the gas prices will go up approximately seven seconds later, in response to the "market price".

Fish on...

Todd

P.S. I think it was Gingrich, too.


A good example that the crude oil market does not follow the law of supply and demand. But when the price drops then they will stop drilling immediately. Market manipulation. This is why there needs to be an investigation. I hope the speculators loose their money big time.
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I'd Rather Be Fishing for Summer Steelhead!

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#758565 - 05/09/12 09:44 AM Re: Crude oil prices are dropping like a rock. [Re: RowVsWade]
stlhead Offline
River Nutrients

Registered: 03/08/99
Posts: 6732
Originally Posted By: RowVsWade
Only if "they" who hate our freedom aren't the 50%+ Muslim women. I'm sure the monkeyphvkin muslim men don't like bein' told rape is bad and killing your daughter is a chitty thing to do but I gaurangodamty you the muslim women like their freedom (if they could take off the burkha long enough to see it). At least when they're not scared chitless of bein' beat or disfigured for feeling free.

Todd...why do hate women? I'm sure rejection and ridicule has taken its toll but come on buddy....a muslim chick might listen to you long enough for you to feel validated. But that would mean the hit count on PP would go down substantially.



Are RWWJ's now calling for women to have the freedom of choice? Really?
_________________________
"You learn more from losing than you do from winning." Lou Pinella

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#758581 - 05/09/12 10:42 AM Re: Crude oil prices are dropping like a rock. [Re: stlhead]
FleaFlickr02 Offline
River Nutrients

Registered: 10/28/09
Posts: 3357
Price went UP 20 cents overnight at a gas station I drive by every day in McCleary. Must be a Grays Harbor thing... Or else all the supply and demand arguments are lies. Actually, I imagine the 20 cent case was an anomaly/mistake/etc., but so far, Todd's guess that prices would not drop seems spot on where I live.

Seems to me they are systematically raising prices significantly, then dropping them back a dime or so to appease the masses, and finally bumping it up to the next level. They're training us to gradually accept higher and higher prices. Don't think so? Ask yourself how you would feel about prices returning to just under $3/gallon. Sound good to you? If so, you should see my point, as that price sent us all into a freak-out a couple years ago.

I don't know when it will happen, but I think we'll see the dreaded $5 gallon of gas before the end of the year. Anybody have a guess as to what the price will be when the camel's back finally gives way?

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#758584 - 05/09/12 10:52 AM Re: Crude oil prices are dropping like a rock. [Re: FleaFlickr02]
Dave Vedder Offline
Reverend Tarpones

Registered: 10/09/02
Posts: 8379
Loc: West Duvall
_________________________
No huevos no pollo.

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#758624 - 05/09/12 02:08 PM Re: Crude oil prices are dropping like a rock. [Re: Dave Vedder]
grizz1 Offline
Returning Adult

Registered: 01/17/07
Posts: 463
....a senior broker at Jefferies Bache Ltd. in London who predicts prices will recover this month. “The lows we’ve seen this week will probably hold, and crude will likely rise as buying by funds and weakness in the dollar assist with a recovery....

hmmm buying by hedge funds could raise the price? then they can short it and sell a bunch lowering the price...on and on. Print more money and the price goes up as well...hmmm

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