ChiefsPlanet - Gasoline at $4 Coming to a Pump Near You, Unfazed by Rising Tab

Why is oil down? The reason may surprise you.

" All over the country and in some parts of Vermont, motorists are angry. "I just can't pay for food AND gas" one man with overalls explained. "We went to an easter dinner and we barely had enough gas to get to easter 4th meal at taco bell!" The mans overalls fell down unexpectedly. There is some good news on the horizon though, Gas prices have feel two days in a row thanks to what some experts are calling the "Eric Hosmer effect"
"Eric Hosmer is one bad mother ****er" Warren Buffet told congress. "I wouldn't be surprised if he turns out to be 2-pac" one black man told the senate. Eric Hosmer's bad speed has been known to turn heads and turn awesome into Oil.

Donger

05-06-2011 01:06 PM

Quote:

Originally Posted by Chet Steadman (Post 7624081)

Donger, I have a feeling your whole family is going down.

LMAO

Donger

05-06-2011 01:07 PM

Quote:

Originally Posted by chasedude (Post 7624261)

Your thought is wrong Down 2.62 so far @ 97.51, but you already knew that didn't you? :p

I meant the one day drop yesterday. At one point, it was at $95.63/barrel. That was too much for one day.

chasedude

05-06-2011 01:14 PM

Quote:

Originally Posted by Donger (Post 7624289)

I meant the one day drop yesterday. At one point, it was at $95.63/barrel. That was too much for one day.

I believe your quote said crude would be going back UP today, Friday.

Quote:

Crude going back up today. Yesterday was too much of a drop, IMO.

You posted that @ 9:33am TODAY, Friday.

Donger

05-06-2011 01:19 PM

Quote:

Originally Posted by chasedude (Post 7624301)

I believe your quote said crude would be going back UP today, Friday.

You posted that @ 9:33am TODAY, Friday.

Crude was going up when I posted that. It's all over the place today. We'll see where it closes. That bump up this morning wasn't unexpected after yesterday's blood bath.

BigMeatballDave

05-07-2011 03:56 AM

Quote:

Originally Posted by BCD (Post 7623982)

I thinkin gas is over priced. When oil peaked @ 147 in 08, gas was pretty much where it is now.

Hey, Donger. Help me understand this. Crude is $50 less per barrel now than it was in July 08, yet gas is the same price. What gives?

We're getting ****ed somehow.

Donger

05-07-2011 05:47 AM

Quote:

Originally Posted by BCD (Post 7625857)

Hey, Donger. Help me understand this. Crude is $50 less per barrel now than it was in July 08, yet gas is the same price. What gives?

We're getting ****ed somehow.

Gas isn't the same price now as it was in July 2008.

BigMeatballDave

05-07-2011 06:03 AM

Quote:

Originally Posted by Donger (Post 7625867)

Gas isn't the same price now as it was in July 2008.

What was it? It wasn't much higher. I know in Ohio it peaked around 4.10 in 08. It set a record this time at around 4.15.

I know this isn't the national average.

What was the average in July 08?

Donger

05-07-2011 06:06 AM

Quote:

Originally Posted by BCD (Post 7625868)

What was it? It wasn't much higher. I know in Ohio it peaked around 4.10 in 08. It set a record this time at around 4.15.

I know this isn't the national average.

What was the average in July 08?

$4.17/gallon

BigMeatballDave

05-07-2011 06:15 AM

Quote:

Originally Posted by Donger (Post 7625869)

$4.17/gallon

So its not much higher. Like 20 cents. I still think gas prices are set too high right now. At $98/bl, seems like it should be around 3.50.

Spott

05-07-2011 07:03 AM

Quote:

Originally Posted by BCD (Post 7625871)

So its not much higher. Like 20 cents. I still think gas prices are set too high right now. At $98/bl, seems like it should be around 3.50.

It should be a little bit under $3.00

Donger

05-07-2011 07:15 AM

Quote:

Originally Posted by BCD (Post 7625871)

So its not much higher. Like 20 cents. I still think gas prices are set too high right now. At $98/bl, seems like it should be around 3.50.

I don't necessarily disagree. Don't forget that the retailers had precedent this time. A lot of them took it in the shorts in 2008. This time, they probably raised their prices faster and sooner than compared to 2008.

They are, of course, other factors involved in retail pricing that might be in play now, too.

Donger

05-07-2011 07:15 AM

Quote:

Originally Posted by Spott (Post 7625892)

It should be a little bit under $3.00

:spock:

Bwana

05-07-2011 07:18 AM

Quote:

Originally Posted by Donger (Post 7625903)

Indeed.......

http://myword.info/images/sm_screw_1g.gif

Donger