What is going down. For second month in a row theres more supply of oil and gas then is even needed or being used. So why the hell they stick-en it to us. I have a hunch coming in 09 there may be changes to the better.
Gas/Oil I mean what the H?
- Thread starter djv
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One big reason is the crashing of the dollar. Since oil is based on the dollar and the dollar is dropping, oil must go up.
The feds get short term glee from stock market investors when they lower rates or pump money into the economy, but we might be suffering long term problems as a result.
The feds get short term glee from stock market investors when they lower rates or pump money into the economy, but we might be suffering long term problems as a result.
- Sep 27, 2005
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Oil companies know this is the last year that Bush will be in office. Watch and see if gas prices don't go down around election time. People are going to be mad and i think this hurts Repubs. It's a free for all for oil companies, they can name their profits. Oil companies made 40 billion+ last year.
Here's a fact for you, banks made 34 billion from fees and ATMs last year.
Greed is alive and well in the US.
Here's a fact for you, banks made 34 billion from fees and ATMs last year.
Greed is alive and well in the US.
Bingo. Give that contestant the big prize.
Read somewhere yesterday that actual supplies are up 10.6% over the same time last year--wonder how long it will be before the Mid-east oil sheiks get tired of pricing a barrel of oil in worthless US dollars and change to the Euro.
Gold Star Smurphy--on 1st paragraph anyway--Happy to see you digging in to some fact finding--I'm impressed-seriously.:thumb:
Yes dollar plays a role. But supply/demand does to.
And prices moving by 30 cents in a month is out stripping both.
And prices moving by 30 cents in a month is out stripping both.
