The "Oil Prices" thread.

I spend 280 a month on gas for just me. How the hell are you AND your wife going to cut down to 300?

^
By living in the airport terminal, of course.
Cuts down on all of your payments and he can take the shuttle to work.lol

My wife and I do about 9k/year each. If we both had vehicles that averaged 25MPG on regular unleaded we’d be at $252/month with the current $4.20/gal gas.

It’s not that hard if you live close to where you work and don’t cruise around looking for street races every night.

I guess my 30 minute commute combined with 14/17 mpg doesn’t exactly help lol

ahahaha

The 30 mile commute is what’s killing you.

I average 15mpg over my 2.5 mile commute. All 35mph zones, stop signs, and lights. But it’s only 5 miles per day. 5 miles * 5 days * 4.33333333 weeks per month = 108.3 miles per month commuting.

108.3 miles / 15mpg = 7.22 gallons of super unleaded a month.

A whole $32.50 a month @ $4.50/gal.

See, you can be a conservationist and drive a big V8. :slight_smile:

I work in retail and we’ve had a major slowdown. I sell paint so we deal with non-necessities. I’m selling the same amount of product that we do in the winter time… major twiddling of thumbs going on, but my store’s never been cleaner lol. Probably down ~8% from the year prior for my store. I can’t see our other location’s profits but I know my bonus isn’t going to be fantastic this year unfortunately.

Our store is at record lows.

Thank god for contractors right now.

Get ready for a busy week for oil trading:

http://www.marketwatch.com/news/story/speculative-trading-crude-oil-surges/story.aspx?guid={2673C102-68E0-41D9-9C9A-10EE2E723948}

Speculators now account for about 70% of all benchmark crude-oil trading on the New York Mercantile Exchange, up from 37% in 2000, according to congressional findings cited in a Wall Street Journal report Monday.

No way with that report out that Congress isn’t going to move on at least one of the bills to curb speculation. As these Congressional meetings heat up you may even see oil start to drop as speculators realize the party is over.

:bigclap:

Come on baby!
http://www.boston.com/ae/music/blog/bubblepop.jpg

It’s just such bullshit what these investors have done to the market with oil.

This weekend/today’s oil related news:
Saudi Arabia agrees to pump more oil.
The dollar is up.
Nigeria and the rebels who keep attacking pipelines have agreed to a truce.

All things that should mean a big drop in oil today. Nope, it’s still going up.

Last week China announced they are going to stop their heavy fuel subsidies, which should lower demand, and somehow oil still went up.

Congress really needs to find a way to let oil prices be set by real supply and demand. My favorite bill so far was the one that would require anyone buying an oil contract to actually accept delivery of that oil. It’s my favorite because I suggested it about 4 pages ago. :slight_smile:

I hope real action is taken and that this doesn’t just turn out to be a bunch of jawboning

but i thought we did not need “more” oil there was not a supply issue?

With places like india and china needing more oil, there is a slightly higher demand. Our dollar value is not helping that either.

http://newsimg.bbc.co.uk/media/images/44770000/gif/_44770685_oil_price_466.gif
taken from interesting read:
http://news.bbc.co.uk/2/hi/business/7468555.stm#graphic

God i’m glad work is only 6 miles round trip :ohyeah:

Ive cut out a bunch of extra trips due to this already.

For Fucks Sakes this is rediculus

BASTARD

< 70 miles :violin2:

I started car pooling to work.

It cuts 56 miles a day out of my driving.

pedal power FTW

Im at about 3miles round trip. Unless it is really shitty outside I just walk or jog to work.

DAMN! Move closer?