# The "Oil Prices" thread. **URL:** \ **Category:** NYSpeed Off Topic\ **Created:** [March 10, 2008, 10:44am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739 "2008-03-10T10:44:58Z")\ **Posts on this page:** 20\ **Page:** 50
**Author:** ![JEG](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jeg/32/7246_2.png) [@JEG](https://forums.speedlife.net/u/JEG)\ **Post date:** [August 4, 2008, 9:04pm UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/981 "2008-08-04T21:04:17Z")
> [@JayS](#): > > Yeah, going up $3+ on something that hasn’t affected supply or demand makes perfect sense. > > So glad we had to back burner the speculation bill debate to make time for a slavery apologization from Congress. > :picard: Our amazing democratic congress has done nothing so far…why would you expect them to start now? I love how Obama says he wants to take the profits from big oil and divide them among the people. I seriously hope he isn’t one of these retards that thinks “big Oil” is some fat Texas guy in a suit and cowboy hat. “Big Oil” is EVERYONE WHO HAS OIL STOCK!!! They have a certain quota that they have to meet to keep their investors happy. As the price of oil goes up, so must their profit margin, other wise they lose investors. ---
**Author:** ![forthekicks385](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/forthekicks385/32/7484_2.png) [@forthekicks385](https://forums.speedlife.net/u/forthekicks385)\ **Post date:** [August 5, 2008, 12:33am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/982 "2008-08-05T00:33:04Z")
i love how obuma says how we can lower gas prices by…wait for it…inflating our tires properly and that will negate the cost. what a fucking retard! then again look who we are dealing with. ---
**Author:** ![j\_espo1](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/j_espo1/32/7291_2.png) [@j\_espo1](https://forums.speedlife.net/u/j_espo1)\ **Post date:** [August 5, 2008, 6:46am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/983 "2008-08-05T06:46:39Z")
Oil $119.60 -$1.81 ---
**Author:** ![Dr.Stevil](https://avatars.discourse-cdn.com/v4/letter/d/da6949/32.png) [@Dr.Stevil](https://forums.speedlife.net/u/Dr.Stevil)\ **Post date:** [August 5, 2008, 6:48am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/984 "2008-08-05T06:48:01Z")
niceeeeeeeee :tup: ---
**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\ **Post date:** [August 5, 2008, 6:56am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/985 "2008-08-05T06:56:21Z")
I’m really getting sick of both sides mocking one another over suggestions for dealing with energy. FOR THE LAST TIME, ALL IDEAS ARE ON THE TABLE! There is no magic bullet to our oil dependancy. The repubicans need to realize we’re not going to drill our way out of it, and the democrats need to realize we’re not going to conserve or invent our way out of it. The more I listen to McCain and Obama the more I wish for someone to grab those two by the necks, smash their heads together, and yell, “listen you arrogant little fucks, this is a serious issue that we’re going to have to work together on. Drop the partisan bullshit and agree that we have to do all these things to make a real change in our oil problem”. PS, inflating your tires does make a difference, not a huge difference, but every little bit helps. [http://ap.google.com/article/ALeqM5i4KolYrUJQ8NRDg8boAKDR49IluAD92BNSK00](http://ap.google.com/article/ALeqM5i4KolYrUJQ8NRDg8boAKDR49IluAD92BNSK00) ---
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [August 5, 2008, 6:59am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/986 "2008-08-05T06:59:17Z")
> [@forthekicks385](#): > > i love how obuma says how we can lower gas prices by…wait for it…inflating our tires properly and that will negate the cost. > > what a fucking retard! > > then again look who we are dealing with. #1. It takes one to know one. Clearly, by the quality of your posts here, you’re qualified to judge. #2. The actual quote was that offshore drilling will increase oil supply by 1% and take 10 years. We can reduce consumption 3% NOW if everyone inflated their tires properly. Just goes to show how small of a remedy offshore drilling is. #3. Stick to hot dogs. Men are talking. ---
**Author:** ![Nikuk](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/nikuk/32/7254_2.png) [@Nikuk](https://forums.speedlife.net/u/Nikuk)\ **Post date:** [August 5, 2008, 6:59am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/987 "2008-08-05T06:59:52Z")
> Obama may have exaggerated when he said simply inflating tires and getting regular tuneups would save just as much oil as the offshore drilling McCain is proposing. But automotive experts long have suggested those steps to cut gas bills. > That’s prolly not much of an exaggeration… IIRC offshore drilling is not going to bring very much crude (let alone gas) to the grand marketplace (1% maybe?) If youconsider that properly inflated tires plus a good state of tune can bump MPG by 5% for 200,000,000 vehicles… ---
**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\ **Post date:** [August 5, 2008, 7:39am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/988 "2008-08-05T07:39:06Z")
Interesting read: [http://money.cnn.com/2008/08/04/news/oil.recession.fortune/index.htm?postversion=2008080415](http://money.cnn.com/2008/08/04/news/oil.recession.fortune/index.htm?postversion=2008080415) I especially love that they act like people’s recent decision to save money instead of spend every penny they make is a bad thing. :roll2: ---
**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\ **Post date:** [August 5, 2008, 7:44am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/989 "2008-08-05T07:44:56Z")
Remember when gas stations used to check your tires and oil and clean your windshield? Of course you don’t but, the point is, this may be a great marketing tool for gas stations now. “We will check your tires to make sure you get the best mileage!” You probably don’t remember when they used to give out 45rpm records with a fill up. Anyone?!?:biglaugh: ---
**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\ **Post date:** [August 5, 2008, 7:48am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/990 "2008-08-05T07:48:01Z")
^ Too bad gas stations don’t really want to sell gas. Between the tiny markup and the credit card surcharges there is almost no money in it. They sell gas because people need it and it draws them in to their high markup crap inside the store. Try adding full service and that tiny profit on gas would become a loss and probably eat into most of the profits from the in store stuff. ---
**Author:** ![Nikuk](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/nikuk/32/7254_2.png) [@Nikuk](https://forums.speedlife.net/u/Nikuk)\ **Post date:** [August 5, 2008, 7:49am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/991 "2008-08-05T07:49:20Z")
> [@JayS](#): > > Interesting read: > [Lower oil prices: a mixed blessing - Aug. 4, 2008](http://money.cnn.com/2008/08/04/news/oil.recession.fortune/index.htm?postversion=2008080415) > > I especially love that they act like people’s recent decision to save money instead of spend every penny they make is a bad thing. :roll2: Vicious cycle. I’ve been saying this since ~2000. “Excessive” consumerism drove the economic engine, and it was fed by credit abuse that was off the charts. When one dried up, the other would fall as well, stalling the economy and forcing the implosion of both spending & credit. At the time I didn’t consider it was going to get anywhere near as bad as it actually did, but the point remains. Spending was driving the country, and (at the time) i ranted atop any soapbox I could find that unless it was reigned in it would become grossly cyclical and eventually get to the point that if even a small portion (of those that were able to) actually started “saving” (read: not spending everything they had as well as their future incomes) it would force the economic engine to spit a few rods through the block. The tech bubble created so much new money that everyone was suddenly keeping up with the Joneses. That gets tough to do when skilled work starts leaving the economy left & right. “Good thing we have this credit card / home equity / etc”. You know what, this has nothing to do with oil. sorry ---
**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\ **Post date:** [August 5, 2008, 7:52am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/992 "2008-08-05T07:52:41Z")
> [@Nikuk](#): > > Vicious cycle. I’ve been saying this since ~2000. > > “Excessive” consumerism drove the economic engine, and it was fed by credit abuse that was off the charts. When one dried up, the other would fall as well, stalling the economy and forcing the implosion of both spending & credit. > > At the time I didn’t consider it was going to get anywhere near as bad as it actually did, but the point remains. > > Spending was driving the country, and (at the time) i ranted atop any soapbox I could find that unless it was reigned in it would become grossly cyclical and eventually get to the point that if even a small portion (of those that were able to) actually started “saving” (read: not spending everything they had as well as their future incomes) it would force the economic engine to spit a few rods through the block. > > The tech bubble created so much new money that everyone was suddenly keeping up with the Joneses. That gets tough to do when skilled work starts leaving the economy left & right. “Good thing we have this credit card / home equity / etc”. > > You know what, this has nothing to do with oil. sorry It all has to do with oil. All that shit you posted is what caused the dollar to tank, which is what caused the big investment in oil, which is what drove oil way too high way too fast. Those investors are finally starting to see downside risk in oil and it’s starting to return to a realistic price based on supply and demand. Who thinks we’ll see oil in the 80’s or lower by December? 3 months ago I would have said no way but now it’s a possibility. ---
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [August 5, 2008, 7:54am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/993 "2008-08-05T07:54:27Z")
Maybe we need just a generic Official Economy Thread. Password protected according to answers in the SAT thread :lol: ---
**Author:** ![Nikuk](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/nikuk/32/7254_2.png) [@Nikuk](https://forums.speedlife.net/u/Nikuk)\ **Post date:** [August 5, 2008, 7:56am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/994 "2008-08-05T07:56:02Z")
> [@JayS](#): > > It all has to do with oil. > > All that shit you posted is what caused the dollar to tank, which is what caused the big investment in oil, which is what drove oil way too high way too fast. I know, but there were a few other “events” in between, when I hit the charactor limit I decided to trim the post down. :redface: ---
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [August 5, 2008, 7:59am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/995 "2008-08-05T07:59:33Z")
holy shit, you hit the character limit? well played. ---
**Author:** ![Fry](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/fry/32/7284_2.png) [@Fry](https://forums.speedlife.net/u/Fry)\ **Post date:** [August 5, 2008, 8:00am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/996 "2008-08-05T08:00:50Z")
> [@AWDrifter](#): > > Remember when gas stations used to check your tires and oil and clean your windshield? > Of course you don’t but, the point is, this may be a great marketing tool for gas stations now. > “We will check your tires to make sure you get the best mileage!” > > You probably don’t remember when they used to give out 45rpm records with a fill up. > Anyone?!?:biglaugh: Those are those big black CD’s right? ---
**Author:** ![Fry](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/fry/32/7284_2.png) [@Fry](https://forums.speedlife.net/u/Fry)\ **Post date:** [August 5, 2008, 8:03am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/997 "2008-08-05T08:03:35Z")
Shall we lock this thread at 1000 posts, since there have been about 15 unique posts, then the same shit over and over with different date stamps? ---
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [August 5, 2008, 8:04am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/998 "2008-08-05T08:04:07Z")
> [@Fry](#): > > Those are those big black CD’s right? Rarely does one letter play such an integral role in making a post not gay as the capital C in there. ---
**Author:** ![Nikuk](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/nikuk/32/7254_2.png) [@Nikuk](https://forums.speedlife.net/u/Nikuk)\ **Post date:** [August 5, 2008, 8:04am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/999 "2008-08-05T08:04:50Z")
> [@Fry](#): > > Shall we lock this thread at 1000 posts, since there have been about 15 unique posts, then the same shit over and over with different date stamps? Grown folks are talking, :gtfo: ---
**Author:** ![Fry](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/fry/32/7284_2.png) [@Fry](https://forums.speedlife.net/u/Fry)\ **Post date:** [August 5, 2008, 8:06am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1000 "2008-08-05T08:06:42Z")
lol did the dog piss in your cheerios? [Previous page](https://forums.speedlife.net/t/the-oil-prices-thread/44739.md?page=49) [Next page](https://forums.speedlife.net/t/the-oil-prices-thread/44739.md?page=51)