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Author Topic: What the weekend will bring and a glimpse at the future Back to Topics
PD

Moderator
Message Posted: Dec 30, 2009 12:14:29 PM

I don't think this will be a difficult prediction to make, seeing how oil has risen to $78 and wholesale gasoline to $2.

The weekend will feature higher prices seemingly everywhere, if prices haven't risen in your area already. As I said in the previous post, much of the reason for the increase in prices is speculation that the cold weather will result in reduced inventories. The DOE report that was release today did indeed show a draw from stockpiles of just over a million barrels of crude, but more noteworthy to me is that overall oil demand is back over 19 million barrels per day, suggesting that prices will rise further as our appetite for fuels picks back up.

Unfortunately, $80 oil will be an all too easy target to...

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priver
All-Star Author Alberta

Posts:961
Points:90,600
Joined:Apr 2013
Message Posted: Sep 26, 2013 7:40:00 PM

i read the title and thought you were going to say snow!
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agrico
Champion Author New Orleans

Posts:1,691
Points:1,104,785
Joined:Dec 2008
Message Posted: Sep 24, 2013 8:55:04 PM

you mean a glimpse of the past?
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angieoke
All-Star Author Phoenix

Posts:823
Points:415,405
Joined:Sep 2012
Message Posted: Sep 24, 2013 11:59:23 AM

of course gas prices will go up. they always do.
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JCClark2012
Champion Author New Hampshire

Posts:4,243
Points:1,078,525
Joined:Mar 2012
Message Posted: Sep 24, 2013 9:31:52 AM

I hope not.
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priver
All-Star Author Alberta

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Joined:Apr 2013
Message Posted: Sep 20, 2013 6:08:38 PM

sure...
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Retired-Coastie
Champion Author Arkansas

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Points:699,325
Joined:Oct 2011
Message Posted: Sep 19, 2013 9:17:56 AM

"seeing how oil has risen to $78 and wholesale gasoline to $2."

Now those were the days!
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Blue48
Champion Author Illinois

Posts:10,196
Points:2,324,320
Joined:Feb 2007
Message Posted: Jan 1, 2010 11:42:32 PM

HAPPY NEW YEAR!!
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Bonanza
Champion Author Boston

Posts:15,488
Points:3,237,380
Joined:Jun 2004
Message Posted: Jan 1, 2010 8:19:22 PM

Cold weather?!? What happened to all the hype about global warming?
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Fitwit
Champion Author Stockton

Posts:9,155
Points:2,004,155
Joined:May 2009
Message Posted: Jan 1, 2010 3:57:25 PM

Praise the Lord. I was still able to get gas at last weeks prices this week. Makes me kind of feel like Gary Hobson on First Edition. Ha ha ha.
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Bhmf4
Champion Author Alabama

Posts:2,151
Points:1,793,760
Joined:Oct 2008
Message Posted: Jan 1, 2010 12:35:26 PM

I have come believe that Obama is Orwellian in that whatever he says, he means the opposite. If you look at him from that perspective his words make sense.
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fire@53
Champion Author Philadelphia

Posts:14,574
Points:3,428,275
Joined:May 2003
Message Posted: Jan 1, 2010 12:23:39 PM

We will be taken advantage of by the speculators, pension funds and hedge funds while Obama pushes his socialist agenda. He will continue to break his campaign promises on not taxing the middle class or signing legislation containing earmarks.
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arinkrat17
Champion Author Twin Cities

Posts:9,056
Points:2,013,010
Joined:Aug 2009
Message Posted: Jan 1, 2010 12:21:32 PM

the oil tycoons want per/barrel prices at $75 and when it gets below that they cry and when it goes above they say nothing . they complain when it was at $35/barrel and when it was in the mid $150 plus /barrel they didn't feel bad for us.
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ssect8
Champion Author Hartford

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Message Posted: Jan 1, 2010 12:21:10 PM

Who cares about the weekend, what the new year and Obama will bring are higher and higher and higher taxes. The deomcraps will tax the air we breath once they can figure how to do it.
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regasaz
Champion Author Phoenix

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Message Posted: Jan 1, 2010 12:16:50 PM

Is this the "HOPE & CHANGE" you Obama fans were expecting. If so, you haven't seen anything yet - wait till you see the tax increases. They will have you forgetting about the oil prices.
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oldiesman
Champion Author New York

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Message Posted: Jan 1, 2010 12:16:08 PM

Yhis is only the beginning, people better wake up, this is no joke.
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SUPERQUACK
Champion Author Sacramento

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Message Posted: Jan 1, 2010 12:14:59 PM

HANG ON......IT "WILL" GET WORSE.....BELIEVE IT ....
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arvo87
Champion Author New Mexico

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Message Posted: Jan 1, 2010 12:14:34 PM

I don't even want to think about this yet
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Lengas
Champion Author Gary

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Message Posted: Jan 1, 2010 12:12:27 PM

Obamas not thru yet with his "changes"
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nurdco
Champion Author Colorado Springs

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Message Posted: Jan 1, 2010 12:11:07 PM

ALREADY started back on Sunday...

WAIT TILL MONDAY...

AFTER your Hangovers...
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JCUBE
Champion Author Michigan

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Message Posted: Jan 1, 2010 12:07:15 PM

We'll get ripped this year worse than last, Obamanomics in action.
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HailstormCA
Champion Author San Diego

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Message Posted: Jan 1, 2010 12:01:59 PM

Remember, this is the starting point for this year.
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nascar9
Champion Author Tacoma

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Message Posted: Jan 1, 2010 12:01:58 PM

No worries, just go out in the yard and pick some money off that tree.
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mmene
Champion Author Houston

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Message Posted: Jan 1, 2010 11:59:05 AM

Patch44 - I think you mean 80 bucks a barrel. Thank god it is not yet 80 bucks a gallon...
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915Chief
Champion Author San Antonio

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Message Posted: Jan 1, 2010 11:58:33 AM

We'll see...
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xybiz
Champion Author Illinois

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Message Posted: Jan 1, 2010 11:56:04 AM

interesting
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zimowski
Champion Author San Jose

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Joined:Nov 2007
Message Posted: Jan 1, 2010 11:55:56 AM

Gas prices are rising $.03 to $.04 per gallon every day. Not a good sign.
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TRAIN RIDER
Champion Author San Bernardino

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Message Posted: Jan 1, 2010 11:55:45 AM

SO MUCH FOR GLOBAL WARMING AS WINTER TEMPETURES HAVE DROPPED LOWER EVERYWHERE.
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GasMiserAZ
Champion Author Phoenix

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Message Posted: Jan 1, 2010 11:55:20 AM

I can't wait to get the weekend over with! I hate holiday weekends! People need to be at work, and not crowding my roads and stores!
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SavannahSteph
All-Star Author Georgia

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Points:150,705
Joined:Feb 2008
Message Posted: Jan 1, 2010 11:53:37 AM

prices went up 10 cents plus just this week !
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americanmade1
Champion Author Tampa

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Message Posted: Jan 1, 2010 11:51:47 AM

Can't wait for tomorrow........
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impala2008
All-Star Author Ontario

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Joined:Sep 2009
Message Posted: Jan 1, 2010 11:50:44 AM

Price went up yesterday and again today
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jwduke1
Champion Author Iowa

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Joined:Apr 2004
Message Posted: Jan 1, 2010 11:50:08 AM

Gas, like it or not is on its way back up!
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I10Express
Champion Author San Antonio

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Message Posted: Jan 1, 2010 11:49:32 AM

The speculators are manipulators of commodities. Outlaw commodity trading now.
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2granny
Champion Author Michigan

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Message Posted: Jan 1, 2010 11:49:05 AM

Yesterday's news.
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YLHandyman
Champion Author Orange County

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Message Posted: Jan 1, 2010 11:48:58 AM

More alternative fuel needed.
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Doubleeez
Champion Author Connecticut

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Joined:Sep 2005
Message Posted: Jan 1, 2010 11:48:14 AM

Get ready for a big price hike.
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americanmade1
Champion Author Tampa

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Message Posted: Jan 1, 2010 11:47:29 AM

Must be all this GLOBAL WARMING causing the price to go up.........Oooooops I'm freezing .......
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Helms
Champion Author Fort Worth

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Message Posted: Jan 1, 2010 11:47:13 AM

welcome to the world of "change" skybiker...should have picked up on that before 11/4/08 and could have save dus a lot of grief (not to mention bucks, our health care system, etc, etc.)
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skybiker
Champion Author South Carolina

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Message Posted: Jan 1, 2010 11:44:57 AM

Yes But somehow the wizards in the government said there was no inflation this year so Social Security won't get a COLA. Sure...Liars figure....
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Hazelnut
Champion Author Greensboro

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Message Posted: Jan 1, 2010 11:38:52 AM

The weatherman predicted a mild winter and the speculators didn't like what they heard. Then they bribed the weatherman to predict cold weather and off they go, bidding the prices up!
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Dipstick1
Champion Author Amarillo

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Message Posted: Jan 1, 2010 11:38:17 AM

The weekend will bring higher prices.
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Eichhornchen
Champion Author Detroit

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Message Posted: Jan 1, 2010 11:36:44 AM

gas went up almost 20 cents since before Christmas.
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RobertSpratt
Champion Author Virginia Beach

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Message Posted: Jan 1, 2010 11:36:38 AM

They will not be happy until gas hits $3.50/Gal.
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Ken2OD
Champion Author Grand Rapids

Posts:11,875
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Joined:Dec 2005
Message Posted: Jan 1, 2010 11:36:03 AM

Prices here hit $2.69 for Christmas and have stayed the same ever since. Sam's Club was at $2.48 last week but jumped up to $2.53 2 days ago.
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nimpy
Champion Author Indianapolis

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Message Posted: Jan 1, 2010 11:35:43 AM

This next year won't be good
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Patch44
Champion Author Buffalo

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Message Posted: Jan 1, 2010 11:35:25 AM

I knew it! Oil hit 80 bucks a gallon yesterday.
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hauler43
Champion Author Oakland

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Message Posted: Jan 1, 2010 11:33:02 AM

By this time next yr. will be glad were paying these prices.
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Cheepo
Champion Author Tampa

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Message Posted: Jan 1, 2010 11:32:09 AM

Greed is good!!!
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Cheepo
Champion Author Tampa

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Message Posted: Jan 1, 2010 11:31:39 AM

So much for "Global Warming"!!!!!!!!!!!!!!
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adr47
Champion Author Saskatchewan

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Message Posted: Jan 1, 2010 11:30:32 AM

Speculators happy

Greed Rules
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