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Oil closes below $100

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  • #16
    down to about 90 then back up

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    • #17
      Originally posted by mustangguy289 View Post
      so why does gas follow oil so closely when it goes up... but not down. fuckers.
      up like a rocket & down like a feather
      Ronald Reagan:"Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it."

      Homer: "Bart...there's 2 things I know about women. Never give them nicknames like "jumbo" or "boxcar" and always keep receipts...it makes you look like a business man."

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      • #18
        Originally posted by FreightTrain View Post
        I don't care what oil does. They will come up with every excuse in the world to keep gas at or above $3.50 a gallon.
        They've had a taste of what they can get, cause the market will just barely stand it, and we've got nothing else to use instead. So I highly doubt we'll ever see reasonable gas prices again. Something will come out that replaces it before that will ever happen.

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        • #19
          Originally posted by StanleyTweedle View Post
          They've had a taste of what they can get, cause the market will just barely stand it, and we've got nothing else to use instead. So I highly doubt we'll ever see reasonable gas prices again. Something will come out that replaces it before that will ever happen.
          People were saying that back in 2008... then we shortly dipped back in the 1.xx range.
          www.dfwdirtriders.com

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          • #20
            Originally posted by mustangguy289 View Post
            People were saying that back in 2008... then we shortly dipped back in the 1.xx range.
            Rises for different reasons and different global scenarios. This MIGHT drop gas prices a little, eventually, but this should be pretty much expected from now on.

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            • #21
              Gas retail futures were still up. We might see a gradual less than $1 drop, but I'm anticipating it to hold if not slightly climb shortly after.

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              • #22
                If it would help insure an Obama defeat in '12, I'll gladly pay $4 a gallon. Everyone running against him will run on opening up oil fields and off-shore drilling. Speculators will cool on oil if it's done.

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                • #23
                  The Mississippi river flood threatens to swamp 2-3 refineries. If this happens gas will go higher

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