# 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:** 74
**Author:** ![OfficerK](https://avatars.discourse-cdn.com/v4/letter/o/4da419/32.png) [@OfficerK](https://forums.speedlife.net/u/OfficerK)\ **Post date:** [October 14, 2008, 1:18pm UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1461 "2008-10-14T13:18:12Z")
Well that was fun Nymex Crude Future 79.15 -2.04 ---
**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 14, 2008, 3:47pm UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1462 "2008-10-14T15:47:10Z")
I’m curious how long does it take for the prices at the pump to drop after the stock drops. Seems like it takes over a month or so. I cant remember where gas prices were at $80/barrel but I would think under $2/gallon. ---
**Author:** ![Terry](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/terry/32/7207_2.png) [@Terry](https://forums.speedlife.net/u/Terry)\ **Post date:** [October 14, 2008, 4:57pm UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1463 "2008-10-14T16:57:46Z")
> [@Superium](#): > > I’m curious how long does it take for the prices at the pump to drop after the stock drops. Seems like it takes over a month or so. I cant remember where gas prices were at $80/barrel but I would think under $2/gallon. > **[Gas Station Price Charts - Local & National Historical Average Trends -...](https://www.gasbuddy.com/charts)** > > Compare gas and crude oil prices over time for the US Average, Canada Average, and your hometown. View charts for the past month to 10 years. Looks like gas was about 3.20 or so last time it was at $80 a barrel. ---
**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\ **Post date:** [October 15, 2008, 5:27am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1464 "2008-10-15T05:27:51Z")
$75 ---
**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:** [October 15, 2008, 5:45am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1465 "2008-10-15T05:45:05Z")
I think I’m going to have this chart printed out on a marble tablet, and the next person that bitches that gas doesn’t fall in a one to one relationship with oil is going to be beat to death with it. ![http://i224.photobucket.com/albums/dd75/jsears77/chgaschart.gif](http://i224.photobucket.com/albums/dd75/jsears77/chgaschart.gif) It’s a good thing gas doesn’t follow oil 1:1 because if it did we would have hit $6.70+ a gallon for regular unleaded in Buffalo. ---
**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 15, 2008, 5:56am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1466 "2008-10-15T05:56:24Z")
> [@JayS](#): > > I think I’m going to have this chart printed out on a marble tablet, and the next person that bitches that gas doesn’t fall in a one to one relationship with oil is going to be beat to death with it. > > It’s a good thing gas doesn’t follow oil 1:1 because if it did we would have hit $6.70+ a gallon for regular unleaded in Buffalo. why am i paying so much for gas… had to ---
**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 15, 2008, 7:37am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1467 "2008-10-15T07:37:21Z")
This is awesome. This silver lining on the crashing market. Hopefully it gets below 70 today. That would be awesome and make people not care about the stock market. “Oh well, I have lost 100k in the last 2 months in the stock market but hey, I am only paying $2.10 for gas!” ---
**Author:** ![jetlounge](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jetlounge/32/4994_2.png) [@jetlounge](https://forums.speedlife.net/u/jetlounge)\ **Post date:** [October 15, 2008, 7:43am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1468 "2008-10-15T07:43:32Z")
ok cash price for heating oil…i got a quote of $2.76 today. Everyone else wants 3.50 - 3.60 for a fixed rate…so forget that. And the fixed rate guys will only do 3.34 on the cash price. I can probably go another month before I need a full fill. Should I fill up now, or wait the month? ---
**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 15, 2008, 8:04am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1469 "2008-10-15T08:04:53Z")
wait the month. ---
**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:** [October 15, 2008, 8:06am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1470 "2008-10-15T08:06:14Z")
> [@jetlounge](#): > > ok cash price for heating oil…i got a quote of $2.76 today. Everyone else wants 3.50 - 3.60 for a fixed rate…so forget that. And the fixed rate guys will only do 3.34 on the cash price. > I can probably go another month before I need a full fill. Should I fill up now, or wait the month? If it was me I’d wait. I think like gasoline heating oil is still catching up to the nose dive crude prices took. My mom called last night to say thanks for the advice I gave her about not locking in at $5. When heating oil was at an all time high the lock in vultures were out going door to door trying to get people to lock in. They knew full well oil was priced way above market value and more than likely wouldn’t hold those prices for long. $2.76 is a tougher call though. Up or down I doubt you’ll see it make a huge swing in either direction. ---
**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 15, 2008, 8:11am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1471 "2008-10-15T08:11:25Z")
IMO you might want to wait. Heating oil is on the down swing to 2.20 ish but I am not sure the delay between the price now and when you actually see the prices when you buy it. ---
**Author:** ![jetlounge](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jetlounge/32/4994_2.png) [@jetlounge](https://forums.speedlife.net/u/jetlounge)\ **Post date:** [October 15, 2008, 8:22am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1472 "2008-10-15T08:22:57Z")
I guess the bigger question is just to stick it out with cash/market price this season over any fixed rate ? 2.20ish from 2.70 is big. I figure every 10 cent difference is approximately $100-150 to me over the winter. ---
**Author:** ![OfficerK](https://avatars.discourse-cdn.com/v4/letter/o/4da419/32.png) [@OfficerK](https://forums.speedlife.net/u/OfficerK)\ **Post date:** [October 16, 2008, 8:46am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1473 "2008-10-16T08:46:36Z")
Big ouch Nymex Crude Future 70.08 -4.46 Really dont want to see it drop much further… ---
**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 16, 2008, 9:00am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1474 "2008-10-16T09:00:26Z")
> [@OfficerK](#): > > Big ouch > > Nymex Crude Future 70.08 -4.46 > > Really dont want to see it drop much further… yikes. they are gonna make a (fucillo) HUGE cut in production ---
**Author:** ![cougarspeed](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cougarspeed/32/7468_2.png) [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)\ **Post date:** [October 16, 2008, 9:02am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1475 "2008-10-16T09:02:14Z")
Im sooooo close to grabbing up some oil and nat gas for a long term investment. ---
**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 16, 2008, 10:10am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1476 "2008-10-16T10:10:30Z")
HOLY SHIT. OIL IS IN THE 60’s. I think if it gets to 65, im gonna buy some up and hold onto them becuase OPEC wont let this last and will get it back up over 100. ---
**Author:** ![OfficerK](https://avatars.discourse-cdn.com/v4/letter/o/4da419/32.png) [@OfficerK](https://forums.speedlife.net/u/OfficerK)\ **Post date:** [October 16, 2008, 10:32am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1477 "2008-10-16T10:32:40Z")
ehh there is speculation that it could dip into the 50s. If the economy really tumbles and overall we end up on a recession/depression that would be the time to buy! :lol: ---
**Author:** ![Geehee](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/geehee/32/7238_2.png) [@Geehee](https://forums.speedlife.net/u/Geehee)\ **Post date:** [October 16, 2008, 10:34am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1478 "2008-10-16T10:34:36Z")
you may not have noticed, but we are already in a recession. ---
**Author:** ![OfficerK](https://avatars.discourse-cdn.com/v4/letter/o/4da419/32.png) [@OfficerK](https://forums.speedlife.net/u/OfficerK)\ **Post date:** [October 21, 2008, 6:53am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1479 "2008-10-21T06:53:14Z")
ruh roh Nymex Crude Future 71.18 -3.07 could get badddd lol ---
**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 21, 2008, 6:55am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1480 "2008-10-21T06:55:11Z")
meh … it will be up to 125ish soon [Previous page](https://forums.speedlife.net/t/the-oil-prices-thread/44739.md?page=73) [Next page](https://forums.speedlife.net/t/the-oil-prices-thread/44739.md?page=75)