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Author Topic: Oil Futures at Lowest in Week After US Inventories Hit 3-Decade High Back to Topics
Silverbac

Rookie Author
St. Louis

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Message Posted: May 2, 2013 5:37:29 AM

Oil futures fell to their lowest level in a week Wednesday after a report showed U.S. oil inventories rose to their highest level in more than three decades last week.

Visit Dow Jones Newswires for full article
REPLIES (newest first) Post a Reply
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honda0105
Champion Author Tallahassee

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Message Posted: May 6, 2013 12:05:22 AM

jeannemarie: it's the specutraitors who drive the prices, not the general hopes and fears. And right now, they got cold feet b/c PigOil is demolishing the global economy.
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honda0105
Champion Author Tallahassee

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Message Posted: May 5, 2013 12:02:16 AM

Welcome to PigOil greed, HIGuy.
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dunedate
Champion Author California

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Message Posted: May 3, 2013 3:08:36 PM

to bad for the oil futures market! good for the consumer
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sjf238
Champion Author Philadelphia

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Message Posted: May 3, 2013 10:07:36 AM

Good!!
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eomc17
Champion Author Tucson

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Message Posted: May 3, 2013 3:05:23 AM

SO NOT TRUE, WTI JUMPED TO AN AMAZINGLY HIGH 94$ YESTERDAY, DESPITE OUR MASSIVE WTI CRUDE SUPPLY. WHAT THE HELL, OBAMA AND CONGRESS, ARE YOU EVER GOING TO REGULATE THESE BASTARD SPECULATORS, YOU BUNCH OF PHONIES?
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Jeannemarie
Champion Author Las Vegas

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Message Posted: May 3, 2013 1:35:58 AM

That is humorous as I have stocks in several oil companies and the dividends keep coming. So I disbelieve all these worrying by the oil companies. Just want to get their digs in on us.
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Bill100
Champion Author Grand Rapids

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Message Posted: May 3, 2013 1:05:05 AM

Give me a minute. I'll work up a tear for the oil companies.
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mia3bxs
All-Star Author Miami

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Message Posted: May 3, 2013 1:00:31 AM

I'm not sure what to think....
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miteybear
Champion Author California

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Message Posted: May 3, 2013 12:59:27 AM

better
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Buddy2264
Champion Author Tampa

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Message Posted: May 3, 2013 12:57:58 AM

I am sure it will pick up as the summer driving season begins again.
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bolobill
Champion Author Michigan

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Message Posted: May 3, 2013 12:56:27 AM

ok
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granitestater
Champion Author New Hampshire

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Message Posted: May 3, 2013 12:54:37 AM

Nobody uses gasoline anymore...
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KrsnaDragon
Champion Author Montreal

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Message Posted: May 3, 2013 12:50:48 AM

Speculation breeds despair.
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pgerassi
Champion Author Milwaukee

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Message Posted: May 3, 2013 12:34:27 AM

Prices have risen here $0.40/gal in the last few weeks. Given this, with real supply and demand pricing, they should have dropped $0.40/gal instead. Ban CIFs and watch pump prices be halved plus many food and other commodities will see similar declines in retail prices.
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bvrbill
Champion Author Eugene

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Message Posted: May 3, 2013 12:10:48 AM

It would be nice to see pump prices drop in response to the high inventories.
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judgemobile
Champion Author Ohio

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Message Posted: May 3, 2013 12:09:52 AM

so why did prices JUMP 30 cents in ONE DAY in NW Ohio ??
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Bubba44612
Champion Author Ohio

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Message Posted: May 3, 2013 12:08:52 AM

I hope the speculators are happy now and that the prices should drop like a rock. But wait gas just went up $.40 a gallon due to Greedway.
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Rageagainsttm
Champion Author Tampa

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Message Posted: May 3, 2013 12:03:43 AM

Oh well.
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yyc2yow
Champion Author Ottawa

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Message Posted: May 3, 2013 12:03:42 AM

finally
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regasaz
Champion Author Phoenix

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Message Posted: May 3, 2013 12:03:20 AM

Anybody understand why we are increasing oil imports when we have so much oil available domestically?
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clermont40miles
Champion Author Cincinnati

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Message Posted: May 2, 2013 11:58:25 PM

Speculators do as they wish regardless of supply or demand.
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fredtheturd
Sophomore Author Kansas

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Message Posted: May 2, 2013 11:56:52 PM

This roller coaster ain't fun anymore
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rf6480
Champion Author Miami

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Message Posted: May 2, 2013 11:53:15 PM

down yesterday back up about $3 today to $94. This after news that oil supplies were at record highs
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lin95688
Champion Author California

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Message Posted: May 2, 2013 11:50:04 PM

the crude price just is back up today.
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kiatoindos
Champion Author Chicago

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Message Posted: May 2, 2013 11:48:45 PM

Good now we have more to export
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vibdata
Champion Author Massachusetts

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Message Posted: May 2, 2013 11:48:44 PM

They did not fall far and not far enough. And wholesale gas is still very expensive.
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Liv43kids
All-Star Author New Jersey

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Message Posted: May 2, 2013 11:46:45 PM

OK
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nd73
Champion Author Grand Rapids

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Message Posted: May 2, 2013 11:44:15 PM

Then why, pray tell, have we seen 4 price increases in the past 10 days here in Michigan??
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f250dieselrat
All-Star Author Florida

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Message Posted: May 2, 2013 11:43:24 PM

It's just all part of the dance !
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hank1326
Champion Author Los Angeles

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Message Posted: May 2, 2013 11:42:50 PM

Ditto to mstearno. Economy is sinking, we are getting raked and our clueless leader in DC is too busy with his agenda. God help us!
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DustyAL
Sophomore Author Birmingham

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Message Posted: May 2, 2013 11:42:40 PM

If inventories are highest peak in 3-Decades, why isn't the price lower?
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abcdMA
Champion Author Worcester

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Message Posted: May 2, 2013 11:41:02 PM

keep demand down
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bra0712
Champion Author Arizona

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Message Posted: May 2, 2013 11:40:13 PM

Cool
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mstearno
Champion Author Dayton

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Message Posted: May 2, 2013 11:34:56 PM

we are hosed
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SavALot
Champion Author Virginia Beach

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Message Posted: May 2, 2013 11:31:14 PM

Common occurrence here
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us4usa
Champion Author Missouri

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Message Posted: May 2, 2013 11:27:47 PM

Time for pump prices to drop...
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tdioiler
All-Star Author Detroit

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Message Posted: May 2, 2013 11:26:26 PM

Why did mine go up this week?
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prassu2012
Champion Author Illinois

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Message Posted: May 2, 2013 11:26:04 PM

Ok
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MDTDriver
Champion Author California

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Message Posted: May 2, 2013 11:22:19 PM

Good gas dropping is what I like.
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gasmack
Champion Author Ventura

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Message Posted: May 2, 2013 11:21:33 PM

OK.
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s6sputnik
Champion Author Austin

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Message Posted: May 2, 2013 11:18:29 PM

OK!
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WIWalt
Champion Author Wisconsin

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Message Posted: May 2, 2013 11:15:28 PM

So instead of controlling output & lowering prices at the pump we now need to keep prices higher for storage fees
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sonicmustang
All-Star Author Alberta

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Message Posted: May 2, 2013 11:13:54 PM

The word futures disturbs me
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BREW9
Champion Author Tampa

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Message Posted: May 2, 2013 11:12:46 PM

prices climbing
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mrbee
Champion Author Little Rock

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Message Posted: May 2, 2013 11:11:53 PM

Good!
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bonzoonfmb
Champion Author Florida

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Message Posted: May 2, 2013 11:11:47 PM

Gas prices are too high.
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Is246
Champion Author Albuquerque

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Message Posted: May 2, 2013 11:06:27 PM

keep them low
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sent4456
Champion Author Toronto

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Message Posted: May 2, 2013 11:05:56 PM

Something will happen.
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scubadaniel
Champion Author Dayton

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Message Posted: May 2, 2013 11:05:19 PM

And gas goes up.
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weenoo215
Champion Author Illinois

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Message Posted: May 2, 2013 11:02:12 PM

ok
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