# The "Oil Prices" thread.

**URL:** <https://forums.speedlife.net/t/the-oil-prices-thread/44739>\
**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:** 71

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**Author:** ![OfficerK](https://avatars.discourse-cdn.com/v4/letter/o/4da419/32.png) [@OfficerK](https://forums.speedlife.net/u/OfficerK)\
**Post date:** [October 2, 2008, 8:24am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1401 "2008-10-02T08:24:28Z")

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Go crashing economy!

Nymex Crude Future 94.63 -3.90

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**Author:** ![justa4door](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/justa4door/32/7259_2.png) [@justa4door](https://forums.speedlife.net/u/justa4door)\
**Post date:** [October 2, 2008, 8:27am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1402 "2008-10-02T08:27:04Z")

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now why is it going down you would think it would go up b/c of the crashing economy… or am i not doing it right

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**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:** [October 2, 2008, 8:29am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1403 "2008-10-02T08:29:05Z")

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> [@justa4door](#):
>
> now why is it going down you would think it would go up b/c of the crashing economy… or am i not doing it right

I don’t totally understand the economy and shit like that, but I would assume because it’s dropping demand. Not only is our economy shitting the bed, but bringing others down with it.

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**Author:** ![justa4door](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/justa4door/32/7259_2.png) [@justa4door](https://forums.speedlife.net/u/justa4door)\
**Post date:** [October 2, 2008, 8:35am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1404 "2008-10-02T08:35:44Z")

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well i get that but i dont get how it went up when our currency went down but now the economy is going down the oil is going down

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**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\
**Post date:** [October 2, 2008, 8:36am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1405 "2008-10-02T08:36:46Z")

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> [@justa4door](#):
>
> now why is it going down you would think it would go up b/c of the crashing economy… or am i not doing it right

Ya it confuses me too. I would think people are shifting out of stocks and into commodities since the economy is shitting the bed but if economy is falling, the demand for oil would too which could push investors away from it and now just keep it down.

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**Author:** ![justa4door](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/justa4door/32/7259_2.png) [@justa4door](https://forums.speedlife.net/u/justa4door)\
**Post date:** [October 2, 2008, 8:39am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1406 "2008-10-02T08:39:33Z")

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well then we dont need a bail out … gas will go down and everyone will be happy… (i fixed the problem)

it just does not sound right to me … i was thinking i would be paying $6 a gal… by now …so then once the bailout goes… in like 4 months it will be right back up

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**Author:** ![boardjnky4](https://avatars.discourse-cdn.com/v4/letter/b/96bed5/32.png) [@boardjnky4](https://forums.speedlife.net/u/boardjnky4)\
**Post date:** [October 2, 2008, 8:39am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1407 "2008-10-02T08:39:55Z")

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The market is not doing well right now. It’s not like crude oil futures are an end all, be all of fallback plans.

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**Author:** ![boardjnky4](https://avatars.discourse-cdn.com/v4/letter/b/96bed5/32.png) [@boardjnky4](https://forums.speedlife.net/u/boardjnky4)\
**Post date:** [October 3, 2008, 11:16am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1408 "2008-10-03T11:16:15Z")

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93.77

stocks are doing so hot

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**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\
**Post date:** [October 6, 2008, 6:48am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1409 "2008-10-06T06:48:53Z")

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$90 :tup:

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**Author:** ![93dx\_hatch](https://avatars.discourse-cdn.com/v4/letter/9/90ced4/32.png) [@93dx\_hatch](https://forums.speedlife.net/u/93dx_hatch)\
**Post date:** [October 6, 2008, 6:50am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1410 "2008-10-06T06:50:08Z")

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87 was $3.05 at the rez in Irving this morning

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**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\
**Post date:** [October 6, 2008, 6:56am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1411 "2008-10-06T06:56:38Z")

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Arent the prices you see at the pump now coming down becuase of the last price drop a few weeks ago when it tanked like 20 dollars in a day?

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**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:** [October 6, 2008, 7:03am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1412 "2008-10-06T07:03:04Z")

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> [@93dx--hatch](#):
>
> 87 was $3.05 at the rez in Irving this morning

:jawdrop: WHAT?

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**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\
**Post date:** [October 6, 2008, 7:06am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1413 "2008-10-06T07:06:06Z")

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> [@j\_espo1](#):
>
> :jawdrop: WHAT?

> **[Buffalo Gas Prices - Find Cheap Gas Prices in New York](http://www.buffalogasprices.com/)**
>
> Search for cheap gas prices in Buffalo, New York; find local Buffalo gas prices & gas stations with the best fuel prices.

$3.02 has been reported.

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**Author:** ![ryanmcell](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ryanmcell/32/7510_2.png) [@ryanmcell](https://forums.speedlife.net/u/ryanmcell)\
**Post date:** [October 6, 2008, 7:26am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1414 "2008-10-06T07:26:14Z")

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I saw 3.09 last night on my way back to Virginia, the price was in southern PA somewhere on 15S

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**Author:** ![boardjnky4](https://avatars.discourse-cdn.com/v4/letter/b/96bed5/32.png) [@boardjnky4](https://forums.speedlife.net/u/boardjnky4)\
**Post date:** [October 6, 2008, 7:35am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1415 "2008-10-06T07:35:14Z")

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still getting raped at 3.99 in NC

stupid fuel shortages are still hitting pretty hard.

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**Author:** ![Superium](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/superium/32/7405_2.png) [@Superium](https://forums.speedlife.net/u/Superium)\
**Post date:** [October 6, 2008, 11:28am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1416 "2008-10-06T11:28:45Z")

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Saw $3.66 today in Lancaster at a Mobil but I notice ther 93oct is always around 10-15 cents higher than others whic is probably why ther 87oct is always a bit cheaper.

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**Author:** ![BigRon](https://avatars.discourse-cdn.com/v4/letter/b/58956e/32.png) [@BigRon](https://forums.speedlife.net/u/BigRon)\
**Post date:** [October 6, 2008, 1:40pm UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1417 "2008-10-06T13:40:58Z")

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Oil dropped to below $88

> **[Yahoo Finance - Business Finance, Stock Market, Quotes, News](https://finance.yahoo.com/)**
>
> At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.

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**Author:** ![longuyen88](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/longuyen88/32/7611_2.png) [@longuyen88](https://forums.speedlife.net/u/longuyen88)\
**Post date:** [October 6, 2008, 2:54pm UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1418 "2008-10-06T14:54:46Z")

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> [@BigRon](#):
>
> Oil dropped to below $88
> 
> [Yahoo Finance - Stock Market Live, Quotes, Business & Finance News](http://biz.yahoo.com/rb/081006/business_us_markets_oil.html)

it won’t last. opec will cut supply until its back to 140 again.

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<div class="post-metadata">

**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:** [October 6, 2008, 3:55pm UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1419 "2008-10-06T15:55:03Z")

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> [@longuyen88](#):
>
> it won’t last. opec will cut supply until its back to 140 again.

doubtful the way the WORLD economy is right now.

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<div class="post-metadata">

**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\
**Post date:** [October 6, 2008, 4:46pm UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1420 "2008-10-06T16:46:12Z")

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> [@longuyen88](#):
>
> it won’t last. opec will cut supply until its back to 140 again.

I dont know. Ive always said that $80 oil wont last but this might hang around for a while since the world is in shit right now.

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