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12-19-2008, 02:47 PM
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Today, crude hit a 33.88 a barrel and expect to drop even further before the fallout of 2009 depression.
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12-19-2008, 02:48 PM
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The number will read higher on Monday since the quoted price is for January futures delivery and they expire today at close of market. Feb oil futures are trading around 42 a barrel.
Ben Raines
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"If a man will begin with certainties, he shall end in doubts; but if he will be content to begin with doubts he shall end in certainties." Sir Francis Bacon
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12-19-2008, 02:50 PM
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Well, I honestly cannot think of a better way to stimulate the economy and get people spending again, if gas is too high, then people will cut down travel and therefore spending decreases. However, if gas is affordable, people will have more money for travel and be able to spend more.
Granted having a job helps too, of course there are those who do not work, who spend like crazy
__________________
We are what repeatedly do. Excellence then is not an act but a habit. ~~Aristotle When we remember we are all mad, the mysteries disappear and life stands explained. ~~Mark Twain I find your lack of faith...disturbing. ~~Darth Vader http://img.photobucket.com/albums/v3...a/BigSig-1.jpg
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12-19-2008, 02:59 PM
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We need to get the auto business going again but not at the expense on keep the same technology. I am awaiting for the first batches of electrical vehicles before buying again.
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12-19-2008, 03:08 PM
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Quote:
Today I filled up at $1.55...  
__________________
True Grits "If you have integrity, nothing else matters. If you don't have integrity, nothing else matters." (~Alan Simpson~) "If you have men who will exclude any of God's creatures from the shelter of compassion and pity, you will have men who will deal likewise with their fellow men." (~St. Francis of Assisi~)
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12-19-2008, 03:58 PM
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Quote:
__________________
We are what repeatedly do. Excellence then is not an act but a habit. ~~Aristotle When we remember we are all mad, the mysteries disappear and life stands explained. ~~Mark Twain I find your lack of faith...disturbing. ~~Darth Vader http://img.photobucket.com/albums/v3...a/BigSig-1.jpg
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12-19-2008, 06:02 PM
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we are still at 1.55
__________________
As Long As I Am Here......It Doesn't Matter Where Here Is..... All great change in America begins at the dinner table......Ronald Reagan Government always finds a need for whatever money it gets.....Ronald Reagan
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12-19-2008, 09:09 PM
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This is going to sound crazy, but the lower oil gets, the more worried I get. I am a firm believer in peak oil & I think these low prices will end up only hurting us more in the end. I hope I am wrong!
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12-19-2008, 09:14 PM
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I lowered our gas down another 3 cents tonight. We are now at 1.34.
__________________
Please visit my new website I've adopted through TheMoreGoodFoundation. I just started it so it's very much a work in progress and will continue to be so. www.ldsplace.com
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12-19-2008, 09:17 PM
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pam, we were pretty much running the same, so I can't figure why we went up, and by so much???
__________________
True Grits "If you have integrity, nothing else matters. If you don't have integrity, nothing else matters." (~Alan Simpson~) "If you have men who will exclude any of God's creatures from the shelter of compassion and pity, you will have men who will deal likewise with their fellow men." (~St. Francis of Assisi~)
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