So oil is down to about $62 a barrell

[manny78]

When barrel was at 150$, they didnt wait a minute to raise prices. gas was going up everyday. Now thats its well under $100 (and will stay that way for a while) well surprise, surprise ! Shit aint going down that fast. Let's face it: we get assfucked....

 

[ortiz34]

When barrel was at 150$, they didnt wait a minute to raise prices. gas was going up everyday. Now thats its well under $100 (and will stay that way for a while) well surprise, surprise ! Shit aint going down that fast. Let's face it: we get assfucked....

least gas will come sown and save my business on average of $700 a month

other than that, all I can hope is that they run some incredible spiffs and sales

 

[Cutiebaby]

Every thing is just going to get expensive again any who

 

[ortiz34]

Every thing is just going to get expensive again any who

who dat?

 

[Cutiebaby]

who dat?

Any ways

 

[ortiz34]

Any ways

Can I get back to you on this girlfriend?

U-huh!
twirls finger

 

[EnderJE]

I have noticed that the hookers on Craigslist have reduced the number of Roses they need for half hour and hour. The crunch is hitting everyone these days.

Lemme know when they start asking for tulips.

 

[digimon7068]

at the risk of sounding like a conspirist. . .do you think that maybe the oil guys are trying to influence the outcome of the election?? the timing seems to be more than just a coincidence. a lot of voters will pull that lever based upon how they feel when they get out of bed on 11/04. . .and if they filled up for $2.25 a gallon on 11/03. . .who knows??

 

[guest username]

at the risk of sounding like a conspirist. . .do you think that maybe the oil guys are trying to influence the outcome of the election?? the timing seems to be more than just a coincidence. a lot of voters will pull that lever based upon how they feel when they get out of bed on 11/04. . .and if they filled up for $2.25 a gallon on 11/03. . .who knows??

I doubt it. OPEC is trying desperately to stop the price drop. They have placed a $100/barrel target price as they think that is fair value. In reality, OPEC production cuts don't raise prices that much. It's all boils down to supply and demand, or perceived supply and demand. Six months ago there were fears that oil supplies were dwindling with our increased demand. Now that perception has gone away, so oil prices have plummeted.

On another note, two refineries in the US are planning to shut down and plans to build one have been scrapped. A little hasty considering we only had two months of dropping oil prices. With those refineries shutting down, that would increase gas prices more than anything.

Here's hoping we see $20/barrel oil by Christmas and it stays that way next year so our economy can recover, airlines can survive, and we can all fill our tanks with less money. However, even if gas prices stay low, I don't foresee food producers lowering their prices or others giving up that hidden fuel surcharge quite so easily.

 

[Dial_tone]

Tell them due to an increase in ink prices the cost of writing them a check has gone up. you'll need to decrease the amount to cover it.