The "Oil Prices" thread.

updates?

117.77

At $117 now, at least by the site I checked.

Oil $118.00 +$1.73

The Gustav bump. :wink:

3.29 for reg this morning, in Downtown Dallas… this shit rocks…

can i see 120 ?

:picard: this thread has really just become a ticker.

wow.

should have been locked at 1k posts

x2

stupid ny

115.11

Oil $114.75 -$3.40

:fuckyouGustav!:

:picard:

Can we please get some specuation out of the damn oil market?

“Hey, I heard there was a hurricane coming… BUY BUY BUY!”

"I guess it isn’t going near the oil production… “SELL SELL SELL!”

“Hey, here comes another one… BUY BUY BUY!”

“Oops, it won’t be near the oil production for a few days at least… SELL SELL SELL!”

"Ok, now it’s near the oil production… “BUY BUY BUY!”

Can’t we just go back to the good old days when oil went up AFTER the hurricane did some damage and actually did something to the supply?

in at 113, out at 118 :slight_smile:

Sweet with all 5 shares you can buy some beers! :tup:

:tup: good deal joe… i went in at 114 and should have sold at 118 :ehh:

Im right there with ya…

But what can be done in terms of the market and regulating speculation. What ideas have been proposed? (pardon my lack of following the situation)

futures, son! I was able to buy 100 shares for just over $1000. 50% profit in less than a week :slight_smile:

The bottom came out of oil prices on Tuesday, with light sweet crude tumbling over $8 a barrel in electronic trading as what’s now called Tropical Depression Gustav didn’t cause the damage to oil installations that many had feared.
In electronic trade, light sweet crude for October delivery dropped $8.30 to $107.15 a barrel.