So much for a fall in oil prices...at last check oil is now over 120 bucks barrel. Reason has is that the Gov't bail out of the market is going to drive up demand. Exxon/Mobile also said they lost a refinery in Houston...hopefully someone can find it. As always folks...we are getting it from all sides. :roll: :roll: :roll:
Yup. I'm glad I filled up this morning. It was $3.31 at 5:00 this morning on my way to work and I saw on my way home just now that it was $3.47. Ridiculous.
That explanation is bull****. lol I heard a lot of analysts claim this in the news today. The fact that oil spiked $16 by close, even though the global economy is in the pooper and demand is way down, is proof that supply and demand aren't influencing the price. Speculators have hijacked the market. Well, not surprising at this point since they see commodities and gold as safe places to put their money. Gold shot up by a lot too.Originally Posted by T-Bird76
You're correct! How on earth will the Gov't bail out increase demand? Demand is going to remain low as long as the price of energy remains high. Well OPEC got what they wanted. Anyone know a good part time job? I may need one this winter to pay for oil to heat my house.That explanation is ****. lol I heard a lot of analysts claim this in the news today. The fact that oil spiked $16 by close, even though the global economy is in the pooper and demand is way down, is proof that supply and demand aren't influencing the price. Speculators have hijacked the market. Well, not surprising at this point since they see commodities and gold as safe places to put their money. Gold shot up by a lot too.
There are things to do help reduce your heating bill.
1. Insulate the windows & doors
2. Keep doors closed to unsused rooms.
As for energy bills, Flurocent lightbulbs will help bring down your energy bill. Several months ago, I bought exterior solar lighting, works greats, charges during the day & stays on all night....
“The problem with socialism is that you eventually,
run out of other people’s money.” - Margaret Thatcher
[quote=Midnight Mike]There are things to do help reduce your heating bill.
1. Insulate the windows & doors
2. Keep doors closed to unsused rooms.
As for energy bills, Flurocent lightbulbs will help bring down your energy bill. Several months ago, I bought exterior solar lighting, works greats, charges during the day & stays on all night....[/quote:2w6ofcv8]
I have all new windows and doors and do number two. I also had my oil burner recently cleaned and serviced plus I had them drop the themostat a bit. While it will help a bit...I just paid 1200 bucks for 250 gallons of oil..I can't keep that up much longer.
Time to start investing in long johns and thermals.
Hopefully this winter will be as mild as last.
Ladies and gentlemen, this is your captain speaking. We have a small problem.
All four engines have stopped. We are doing our damnedest to get them under control.
I trust you are not in too much distress. —Captain Eric Moody, British Airways Flight 9
Good for you!!!! Must be all that fiber :borat:
"The nine most terrifying words in the English language are, 'I'm from the government and I'm here to help.' "
Ronald Reagan
I'd KILL for $3.47 gas! I was ecstatic on Friday when I got $3.79 - that was done from $3.85!
Mark Lawrence - KFLL
Davie, FL
Community Manager NYCAviation.com
email: [email protected]
http://www.jetphotos.net/showphotos.php?userid=1538
http://amateuravphoto.blogspot.com
I think its going to spike, then go down much further, like the market :D
I believe the New Jersey gas tax is one of the lowest in the country. And really just around where I live is cheaper than the rest of the state.I'd KILL for $3.47 gas! I was ecstatic on Friday when I got $3.79 - that was done from $3.85!
Although what we lack [err... gain] in gas, our f'in stupid governor taxes just about everything else in existence. :roll:
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