Not Logged In Log In   Sign Up   Points Leaders
Follow Us    5:04 PM

Message Forum - Read Message

Category: GasBuddy Official Blog > Topics Add to favorite topics   Post new topicPost New Topic
Author Topic: U.S. dollar strengthens, oil falls Back to Topics
PD

Moderator
Message Posted: Dec 17, 2009 2:03:24 PM

A strong U.S. dollar is certainly helping push oil prices back towards the $69 level today, as well as a concern about jobs (or lack thereof).
The jobless report that came in today was quite a surprise, showing that the number of Americans filing new claims for unemployment unexpectedly rose to 480,000 last week, 15,000 more than economists had expected. (READ MORE!)

While the four week average for new jobless claims has dropped to its lowest level since late-Summer 2008, there are fresh concerns about the speed of economic recovery and the hiring of new workers. The concerns about the jobless rate coupled with a strong dollar today have sent oil prices down closer to $70.

The U.S. dollar is showing its best performance...

Visit GasBuddy Blog for full article
REPLIES (newest first) Post a Reply
Profile Pic
kiosk12y
Champion Author Tulsa

Posts:4,257
Points:963,365
Joined:Mar 2011
Message Posted: Apr 14, 2013 8:21:12 AM

cool, if true...
Profile Pic
Radicalrose
Sophomore Author Modesto

Posts:136
Points:488,370
Joined:Apr 2011
Message Posted: Apr 13, 2013 1:21:25 PM

Yea, go Dollar........up,up,up.....
Profile Pic
Donatelo
Champion Author Dayton

Posts:1,223
Points:331,165
Joined:Apr 2011
Message Posted: Apr 13, 2013 7:57:51 AM

good news to hear.
Profile Pic
99dakota
Champion Author Providence

Posts:10,520
Points:2,679,985
Joined:Oct 2006
Message Posted: Apr 13, 2013 3:43:31 AM

Good news!
Profile Pic
TRAIMICHELLE
Rookie Author St. Louis

Posts:64
Points:21,910
Joined:Nov 2012
Message Posted: Apr 12, 2013 10:34:25 AM

yeah okay
Profile Pic
Donatelo
Champion Author Dayton

Posts:1,223
Points:331,165
Joined:Apr 2011
Message Posted: Apr 12, 2013 8:44:50 AM

round and round, but good news none the less.
Profile Pic
99dakota
Champion Author Providence

Posts:10,520
Points:2,679,985
Joined:Oct 2006
Message Posted: Apr 12, 2013 5:53:42 AM

good
Profile Pic
Tommyguns45
Champion Author Illinois

Posts:1,554
Points:610,245
Joined:Feb 2012
Message Posted: Apr 11, 2013 8:53:22 AM

I still think having the US green dollar is better then carrying around a $1,600 gold coin. Who is going to give you change for gas for it or if you need something to eat.
Profile Pic
priver
All-Star Author Alberta

Posts:917
Points:84,125
Joined:Apr 2013
Message Posted: Apr 8, 2013 10:15:42 AM

good to stay positive...
Profile Pic
WanderDan
All-Star Author Dayton

Posts:670
Points:382,035
Joined:Nov 2012
Message Posted: Apr 2, 2013 1:55:01 PM

the rich who invest in stocks do well even while the actual economy is suffering.... hmmmm
Profile Pic
wmiller8
Rookie Author Nashville

Posts:71
Points:75,070
Joined:Oct 2011
Message Posted: Apr 1, 2013 5:06:33 PM

This is another Roller Coaster Ride
Profile Pic
txrojo2005
Champion Author Austin

Posts:1,279
Points:885,180
Joined:May 2011
Message Posted: Apr 1, 2013 12:38:58 PM

Dollar strengthening. I doubt it. Maybe Europe is printing more money than the US.
Profile Pic
Vette1967
Champion Author Albany

Posts:8,300
Points:1,785,895
Joined:Jun 2009
Message Posted: Apr 1, 2013 12:21:35 AM

Up and down...it drives me nuts.
Profile Pic
Gas4Gore
Champion Author Detroit

Posts:3,370
Points:600,885
Joined:Jan 2010
Message Posted: Mar 31, 2013 11:23:31 PM

Okay.
Profile Pic
mabrams184
Champion Author Lexington

Posts:3,747
Points:1,013,130
Joined:Aug 2011
Message Posted: Mar 31, 2013 7:18:12 AM

How will the White House spin this?
Profile Pic
WanderDan
All-Star Author Dayton

Posts:670
Points:382,035
Joined:Nov 2012
Message Posted: Mar 30, 2013 9:59:27 PM

guess that is better than terrible news...
Profile Pic
jethro5000
Champion Author Kentucky

Posts:4,214
Points:897,685
Joined:Jun 2005
Message Posted: Mar 30, 2013 12:02:21 AM

Great news, I just wish it wasn't over 3 years old!
Profile Pic
Gas4Gore
Champion Author Detroit

Posts:3,370
Points:600,885
Joined:Jan 2010
Message Posted: Mar 29, 2013 8:38:58 PM

Fantastic!
Profile Pic
pawnkingfour
Champion Author Georgia

Posts:1,747
Points:459,440
Joined:Dec 2011
Message Posted: Mar 27, 2013 8:44:39 PM

Oil falls! When?
Profile Pic
maroonandwhite
Veteran Author Mississippi

Posts:477
Points:680,650
Joined:May 2012
Message Posted: Mar 27, 2013 2:46:42 AM

No shocker on the jobs
Profile Pic
Radicalrose
Sophomore Author Modesto

Posts:136
Points:488,370
Joined:Apr 2011
Message Posted: Feb 19, 2013 1:28:26 AM

prices aren't dropping but still raising in Calif.
Profile Pic
txrojo2005
Champion Author Austin

Posts:1,279
Points:885,180
Joined:May 2011
Message Posted: Feb 18, 2013 2:13:03 PM

This will not last.
Profile Pic
Snowchoux
Champion Author Missouri

Posts:1,003
Points:145,635
Joined:Sep 2012
Message Posted: Feb 17, 2013 12:23:08 PM

A lot of people don't understand that when the government prints more money, the value of your money goes down. This causes you to need more money to acquire gas, food, etc.
Profile Pic
aj_franklin
Rookie Author Houston

Posts:34
Points:158,830
Joined:Jan 2008
Message Posted: Feb 5, 2013 3:08:28 PM

Waiting for the prices to drop so I can fill my tank again! LOL
Profile Pic
txrojo2005
Champion Author Austin

Posts:1,279
Points:885,180
Joined:May 2011
Message Posted: Feb 5, 2013 1:17:15 PM

Probably a one day bump in the dollar.
I expect the dollar to fall more so gas will rise.
Profile Pic
cv
Champion Author Raleigh

Posts:17,547
Points:3,775,380
Joined:Oct 2003
Message Posted: Feb 5, 2013 6:57:56 AM

Good news, but will it last?
Profile Pic
Tommyguns45
Champion Author Illinois

Posts:1,554
Points:610,245
Joined:Feb 2012
Message Posted: Feb 2, 2013 8:47:52 AM

I would want the US dollar over a barrel of oil or a gold coin. Someone can always give me change for a few dollars but cant for that oil or $1,600 gold piece if I bought some milk and bread.
Profile Pic
Bonanza
Champion Author Boston

Posts:14,857
Points:3,060,805
Joined:Jun 2004
Message Posted: Jan 10, 2013 5:08:39 AM

This is a temporary situation
Profile Pic
WEB0153
Champion Author Maryland

Posts:2,905
Points:653,605
Joined:Dec 2012
Message Posted: Jan 10, 2013 5:06:03 AM

Great news!
Profile Pic
txrojo2005
Champion Author Austin

Posts:1,279
Points:885,180
Joined:May 2011
Message Posted: Jan 8, 2013 2:08:19 PM

It will not last over the long term.
Profile Pic
dockersbin
Veteran Author North Carolina

Posts:433
Points:633,525
Joined:May 2006
Message Posted: Jan 8, 2013 9:39:51 AM

Alright!
Profile Pic
johnwinger
Champion Author Twin Cities

Posts:10,842
Points:2,305,340
Joined:Oct 2001
Message Posted: Jan 8, 2013 7:42:46 AM

Yeah baby
Profile Pic
Gas4Gore
Champion Author Detroit

Posts:3,370
Points:600,885
Joined:Jan 2010
Message Posted: Jan 7, 2013 10:24:06 PM

Great.
Profile Pic
prassu2012
Champion Author Illinois

Posts:2,768
Points:644,240
Joined:Dec 2012
Message Posted: Jan 7, 2013 7:55:55 AM

Yes...
Profile Pic
dongo50
Champion Author West Virginia

Posts:16,258
Points:2,571,795
Joined:Jul 2006
Message Posted: Jan 7, 2013 7:03:56 AM

don't know.
Profile Pic
WanderDan
All-Star Author Dayton

Posts:670
Points:382,035
Joined:Nov 2012
Message Posted: Dec 31, 2012 8:13:00 PM

how will the dollar do in 2013????
Profile Pic
99dakota
Champion Author Providence

Posts:10,520
Points:2,679,985
Joined:Oct 2006
Message Posted: Dec 31, 2012 8:05:26 PM

Can't keep track
Profile Pic
Vette1967
Champion Author Albany

Posts:8,300
Points:1,785,895
Joined:Jun 2009
Message Posted: Dec 31, 2012 12:49:00 AM

Okay.
Profile Pic
rickfro
All-Star Author San Diego

Posts:701
Points:337,165
Joined:Nov 2008
Message Posted: Dec 30, 2012 3:05:33 PM

Good, then gas prices should be going down as well.
Profile Pic
Gas4Gore
Champion Author Detroit

Posts:3,370
Points:600,885
Joined:Jan 2010
Message Posted: Dec 28, 2012 11:15:00 PM

Yippee.
Profile Pic
WanderDan
All-Star Author Dayton

Posts:670
Points:382,035
Joined:Nov 2012
Message Posted: Dec 28, 2012 8:39:50 PM

funny when people post things on here like they don't realize the prices can be set to whatever they want. its a game... you pay what they want.. no other option
Profile Pic
WanderDan
All-Star Author Dayton

Posts:670
Points:382,035
Joined:Nov 2012
Message Posted: Dec 28, 2012 8:36:39 PM

renewables
Profile Pic
99dakota
Champion Author Providence

Posts:10,520
Points:2,679,985
Joined:Oct 2006
Message Posted: Dec 28, 2012 6:09:25 AM

old story
Profile Pic
Donatelo
Champion Author Dayton

Posts:1,223
Points:331,165
Joined:Apr 2011
Message Posted: Dec 24, 2012 12:49:21 PM

we have leaders that care more about being reelected than doing what is really right for our country. God help us please.
Profile Pic
Gas4Gore
Champion Author Detroit

Posts:3,370
Points:600,885
Joined:Jan 2010
Message Posted: Dec 24, 2012 12:27:13 PM

Thank you God and amen.
Profile Pic
cools1611
Champion Author Providence

Posts:1,164
Points:397,440
Joined:Jun 2012
Message Posted: Dec 23, 2012 9:04:01 PM

It takes a while to hit the lowest price at the pumps. Atleast like minimum 4 days based on the futures.
Profile Pic
skidsteer85xt
Champion Author Indiana

Posts:10,204
Points:695,125
Joined:Oct 2012
Message Posted: Dec 6, 2012 12:16:20 AM

but u don't see it at the pumps?
Profile Pic
BlueJaysMVP33
Rookie Author Ontario

Posts:31
Points:29,570
Joined:Aug 2011
Message Posted: Dec 4, 2012 3:10:43 PM

Such low prices for the crude and yet no changes at the pumps? What gives????
Profile Pic
txrojo2005
Champion Author Austin

Posts:1,279
Points:885,180
Joined:May 2011
Message Posted: Dec 4, 2012 11:51:13 AM

I agree with indyjim, "The dollar has become weaker for the last four years and it looks like it will continue for the next four years."
Profile Pic
indyjim
Champion Author Indianapolis

Posts:13,335
Points:2,829,455
Joined:Jul 2006
Message Posted: Dec 2, 2012 10:15:14 AM

The dollar has become weaker for the last four years and it looks like it will continue for the next four years.
Post a reply Back to Topics