The "Oil Prices" thread.

Lol. “Dim Bulbs”. I guess its less destructive and you can walk in and out without leaving a real mark. I would rather brute force the key less ignition signals. Stealing a $70,000 Mercades would be more profitable than stealing $50 in gas IMO.

I think just the volume of it would be tough since you cant simply put it in your engine and are left to try to sell fuel out of the back of your truck Plus, wouldn’t you notice if you looked over at Delta Sonic at 3 am and saw someone pumping gas into the bed of his trunk from the ground?

I am passing on a 5% price increase to customers and one actually has the balls to say, “we are not currently excepting price increases but, you can document your cost increases and we will review them.”
WTF?!?!?
I feel like saying, “You want documents, has anyone at your fucking company picked up a news paper in the last 2 years?!?”
Gas prices? Metals prices? Insurance prices? Etc.
Each piece of their equipment uses probably 30000 lbs of metal!!!
They have no clue of cost increases?!?
:banghead:

I’ve got to try the, “I am not currently accepting price increases” line the next time I go shopping.

I’m sure you can’t tell me, but I would love to know what company has the pull to try to dictate their suppliers prices. I wonder if it starts with “M” and ends in “oog”…

:biglaugh:
Actually no, we do a lot of aerospace work but none from Moog.
The customer I am talking about is not even aerospace actually.

Makes sense. A 30k pound actuator might be a touch on the porky side…

Lets see… 30k pounds. Big enough company to try to dictate prices… :shrug:

Annnywaaays…

Looks like oil’s been sitting steady around $135 for a while now. Hopefully it’ll sit tight until the bubble starts to deflate. I can handle $4.20/gallon but much more and I might start to worry. Maybe even drive less. Or buy a used SUV for a song, leave it in the garage, then sell it when the bubble bursts and demand goes up. Short selling on used cars is a good idea right?

SUV?
Drive through OP and you will see all the formerly baller soccer moms with “for sale” signs in their H2s and Navigators.:biglaugh:

I should buy one now and sell it back to the same soccer Mom in the fall when she realizes her _______ sucks in the snow.

Why does everyone say this is a “bubble”.

I have not heard one prediction that oil prices will fall…

Actually quite the opposite predictions. Like $200/barrel within 18 months

Any time you have speculation driving up the price of something beyond its natural equilibrium point, its a bubble. See: Housing, tech stocks, christmas toys

OK. Agreed. But I don’t see this “bubble” bursting anytime soon

It’s official, I heard someone say today, “$9.00/gallon by the end of the year.”
This kind of talk WILL drive the price up.
Everyone should STFU and just try using less.
Hype = high prices

This economy will be shut down long before $9.00/gallon.

:bigclap:

Did you read the link I posted about congress putting regulations in place very soon to limit this speculation? The bubble will pop, and probably soon if they got those bills passed.

Yup I did read that. It was also said that this regulation of speculation could send prices even higher (in the last 2 paragraphs)

I’m not trying to be a pessimist, but I’m just saying that there must be some underlying reason why this speculation has been occurring and oil prices have doubled within the past year…

can anyone here say that the gas prices have affected their normal routine?

I can’t say i’ve been driving any less.
Granted i’m less likely to go on a big road trip for no reason…but…

It depends what you consider a “normal” routine.

For me, it has not affected my going back and forth to work, going to the store, going out, etc.

But, it has affected my “fun” stuff. Such as sports cars, boating, etc. when all the sudden a ride in my sports car or boat costs double what it used to…

Has anyone noticed “less” business/sales yet from the high gas prices?
(I mean, people that work at bars, resturants, golf courses, amusement parks, movie theaters, malls, strip joints, etc.)

People have got to be cutting back somehow.

It’s been discussed, at length, in this thread. Here’s a good cliff notes of it:
http://www.nyspeed.com/forums/showpost.php?p=977739&postcount=502

And really, think about who said ending speculation would cause the prices to rise… THE SPECULATORS. You don’t think their major stake in seeing oil trading continue in it’s almost unregulated form might tint their opinion a bit?

Without a doubt it has. Every morning, my wife and I go over who will be driving more that day (usually her), and that person takes the Jetta. We will also be selling her Jeep soon and buy something with similar utility value, but lighter and gets better mileage (A4 1.8 wagon or similar).

Right now, our monthly fuel bills hover around $500, if not a bit more. we’d like to get that closer to $300.