The "Oil Prices" thread.

Insane. Hmm guess this is what happens when prices are inflated for no reason, and the storm of the century known as Ike gusted through with a whimper. Go dollar, keep gaining. possible to see sub $90 soon? Or do you suppose that there will be some rise in prices as people invest at this low level?

Ike did enough to closer refineries maybe you didn’t notice gas went up $.20-.30 in 2 days…

umm gas went up because they had to temporarily shut down refineries, it is nothing that will be long term.

Meh, they’ll be back online in no time. I told you guys Thursday that if you filled up Friday you could probably miss the entire hurricane gas price spike because prices would be down by the time you needed to fill up again.

Holy fuck.

95.38 -5.80

94.81 now, closing soon

YAY! The entire market crashed and took oil with it.

Oh wait, that might not be a good thing…

yeah, which bank is next to go. :uhh:

Maybe after AIG, WaMu and Goldman sachs goes under oil will hit $70.

And again the gas prices going up locally is GOUGING
We DO NOT get our gas from down south.

I hate fucking speculation though… 3.99 for reg here, from 3.36 on friday

haha, then where is the crude oil refined and turned into gasoline?

3.49 a gallon in Missouri, talked to my cousin an hour ago. Went up like a nickel he said.

$ 92.71 down $3.00

can we see $90 or less today

$91.57

On a side note: A gas station on the way to work ran out of gas selling it at $4.09

bullshit, I am running on fumes.

yowsers!

91.62 -4.09 getting there

im also holding out for the gas to go back down in a day or two… in springville its 3.83 but i paid 3.62 like friday

Never saw a price gouge down here, still ~3.55 for 93.

Prices have gone down a bit or at least stayed steady here. They’ve been holding right around $3.80 for the past few weeks. I’m waiting for them to start falling like crazy with oil prices but it’s just not happening.

Why is it dropping so much? Is this still related to the demand of it or is there other factors of why its dropping so much so fast?

Demand slowing, the dollar not blowing, and the economy going into the shitter meaning that people will have less money to blow on $4 gas.