so what's causing Oil to go down now?

[Burnt C6]

It’s down $8 in the past 3 days. Was at 106 beginning of the week now at 98.31. Gas on spot market at $2.97 a gal from $3.13. Dems must be up to something to raise the O's approval rating

[Superstreet]

Fill in in IL brother. $3.79. :hurray:

That's why we fill up on the way home from work in MO. $3.57.

[Bingo Fuel]

to raise the O's approval rating

:iagree:
It's an election year.

[Superstreet]

:iagree:
It's an election year.

Ya know,he did get Osama. :lol:

When he went into office gas was $1.79/gal.

[DJ_Critterus]

CNN talking heads this morning were saying that the poor job creation stats are causing it to go down because nobody is buying gas to go to work. They're giving obam bam all sorts of credit for the drop in fuel prices at the same time but won't tie him to the dismal job creation stats.

[vtelvr]

CNN talking heads this morning were saying that the poor job creation stats are causing it to go down because nobody is buying gas to go to work. They're giving obam bam all sorts of credit for the drop in fuel prices at the same time but won't tie him to the dismal job creation stats.

Slight of hand.

[Vet4jdc]

Bush told Obama he was going to get his buddies in Big Oil to make the oil prices go down and there was nothing Obama could do about it.

Again, Bush's fault.

:rofl::rofl::rofl:

[VITE1]

From what I can read demand for oil products is anticipated to shrink due to slowing economic conditions in China and other places like the USA. If the rest of Europe follows Spain into a double dip recession and China keeps cooling off and America maintains a tepid growth rate then we can see much lower oil prices moving forward.

YVMV

[DJ_Critterus]

From what I can read demand for oil products is anticipated to shrink due to slowing economic conditions in China and other places like the USA. If the rest of Europe follows Spain into a double dip recession and China keeps cooling off and America maintains a tepid growth rate then we can see much lower oil prices moving forward.

YVMV

I doubt we'll ever see it below $2.50 again. People still need fuel and the oil companies know it.

[Burnt C6]

It's down another $.74 to 97.57 and gas another $.02 a gal.

[Nemesis]

Ya know,he did get Osama. :lol:

When he went into office gas was $1.79/gal.

2 months before he was elected, it was at ~3.80

[mrvette]

It’s down $8 in the past 3 days. Was at 106 beginning of the week now at 98.31. Gas on spot market at $2.97 a gal from $3.13. Dems must be up to something to raise the O's approval rating

Soros, others,......maybe even our .gov :kimblair:

Just what is so hard about our .mil for instance, jumping in and influencing the markets, under some phoney corp?? like maybe in the Cayman Islands??

Perfect scenario, gets nobam reelected....then it's payback time, they swap sided and gasoline shoots to 8 bux/gallon....

which is BK for the American stiffs, from bank branch managers to plumbers....

:kick:

[Bucwheat]

It’s down $8 in the past 3 days. Was at 106 beginning of the week now at 98.31. Gas on spot market at $2.97 a gal from $3.13. Dems must be up to something to raise the O's approval rating

I have been watching it also,my guess is usage is way down.But just let the speculators see something like Korea threatening another country and up it goes,any little thing.