The "Oil Prices" thread.

Go crashing economy!

Nymex Crude Future 94.63 -3.90

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.

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

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.

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

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

93.77

stocks are doing so hot

$90 :tup:

87 was $3.05 at the rez in Irving this morning

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?

:jawdrop: WHAT?

$3.02 has been reported.

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

still getting raped at 3.99 in NC

stupid fuel shortages are still hitting pretty hard.

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.

Oil dropped to below $88

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

doubtful the way the WORLD economy is right now.

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.