Gas jumped 22% today!

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WaTaGuMp

Lifer
May 10, 2001
21,207
2,506
126
Originally posted by: Capt Caveman
Originally posted by: dmcowen674
Originally posted by: buck
Originally posted by: dmcowen674
Originally posted by: JohnCU
$10/gallon gas is just around the corner

/dave

Yes it is.

I smell guano.

I smell speculators

12-11-2008 Oil rises 10 percent after OPEC calls for "severe" cut

Oil surged more than 10 percent on Thursday, settling at nearly $48 a barrel after the OPEC president called for more "severe" production cuts and the dollar fell to a seven-week low versus the euro.

"We are starting to see the real engine for lifting oil prices, cuts in OPEC production, and it seems likely they will cut production at their meeting next week," said Tim Evans, energy analyst for Citi Futures Perspective.

The U.S. dollar weakened after data on weekly U.S. jobless claims came in worse than expected [ID:nN11392744]. A weak dollar can boost investor demand for oil and other dollar-denominated commodities.

How much you want to bet that gas won't hit $10/gallon?

I want in on this also. Or maybe it will after our 7.0 earthquake hits?
 

mizzou

Diamond Member
Jan 2, 2008
9,734
54
91
isn't it funny how it takes weeks for a oild barrel drop to take effect on price per gallon of gas but it takes a matter of minutes for oil barrel increase to raise gas prices
 

bignateyk

Lifer
Apr 22, 2002
11,288
7
0
Who gives a shit? Our gas is still like 10x cheaper than it is in europe. That extra 22% still probably only costs you a few bucks a tank. Is it really gonna break the bank? I dont give a shit if gas costs $5 a gallon. The only thing that annoys me is all the people bitching about it.
 

judasmachine

Diamond Member
Sep 15, 2002
8,515
3
81
still sitting at 1.599 here in st pete.

i still don't believe this 'cheap' price will hold. prolly not tomorrow, or maybe even not next year, but we seriously are not going to be paying sub $2 for long.
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
Originally posted by: bignateyk
Who gives a shit? Our gas is still like 10x cheaper than it is in europe. That extra 22% still probably only costs you a few bucks a tank. Is it really gonna break the bank? I dont give a shit if gas costs $5 a gallon. The only thing that annoys me is all the people bitching about it.

:laugh:
 

Chadder007

Diamond Member
Oct 10, 1999
7,560
0
0
Originally posted by: bignateyk
Who gives a shit? Our gas is still like 10x cheaper than it is in europe. That extra 22% still probably only costs you a few bucks a tank. Is it really gonna break the bank? I dont give a shit if gas costs $5 a gallon. The only thing that annoys me is all the people bitching about it.

That high dollar gas is part of what caused the economy to go to hell. It does break the bank down the line because of all of the gas used to get food, goods, service, etc....to you.
The U.S. isn't built like Europe, we have wide open roads that have to be crossed. More gas has to be used to get things done.
 

JohnCU

Banned
Dec 9, 2000
16,528
4
0
Originally posted by: dmcowen674
Originally posted by: bignateyk
Who gives a shit? Our gas is still like 10x cheaper than it is in europe. That extra 22% still probably only costs you a few bucks a tank. Is it really gonna break the bank? I dont give a shit if gas costs $5 a gallon. The only thing that annoys me is all the people bitching about it.

:laugh:

stop being jealous of us rich people.

/sarcasm
 

TXHokie

Platinum Member
Nov 16, 1999
2,557
173
106
$1.43 near work here. $25 now gets me full tank fillup vs only between 3/4 and 1/2 mark several months ago. Still I'm not driving much so take that OPEC!
 

bignateyk

Lifer
Apr 22, 2002
11,288
7
0
Originally posted by: Chadder007
Originally posted by: bignateyk
Who gives a shit? Our gas is still like 10x cheaper than it is in europe. That extra 22% still probably only costs you a few bucks a tank. Is it really gonna break the bank? I dont give a shit if gas costs $5 a gallon. The only thing that annoys me is all the people bitching about it.

That high dollar gas is part of what caused the economy to go to hell. It does break the bank down the line because of all of the gas used to get food, goods, service, etc....to you.
The U.S. isn't built like Europe, we have wide open roads that have to be crossed. More gas has to be used to get things done.

good. I don't really see any negative effects of it. If anything it will just cause companies to start to look into alternative fuels more if it really affects them that much. I hope gas goes to $10 a gallon.
 

Born2bwire

Diamond Member
Oct 28, 2005
9,840
6
71
COCK BALLS! SHIT, DONT YOU PEOPLE UNDERSTAND?!? IT'S THE DRIVE FOR $10, THAT FUCKER ISN'T GOING TO STOP UNTIL OIL HITS $200 NEXT WEEK.
 
Nov 7, 2000
16,403
3
81
Originally posted by: bignateyk
Who gives a shit? Our gas is still like 10x cheaper than it is in europe. That extra 22% still probably only costs you a few bucks a tank. Is it really gonna break the bank? I dont give a shit if gas costs $5 a gallon. The only thing that annoys me is all the people bitching about it.
dont compare prices to europe until you have removed taxes from the equation. its apples to oranges.
 

Raduque

Lifer
Aug 22, 2004
13,140
138
106
$1.41-$1.43 in the parts of town I mostly visit. I've heard it's $1.39 down around mexicanville.
 

StageLeft

No Lifer
Sep 29, 2000
70,150
5
0
Originally posted by: dmcowen674
Originally posted by: mugs
Originally posted by: dmcowen674
Originally posted by: JohnCU
$10/gallon gas is just around the corner

/dave

Yes it is.

Just like that 7.0 earthquake that you predicted would happen on the west coast of the US within 3 weeks? That was over a year ago.

The earthquake hit a little later and not quite as high as 7.0 but it did in fact hit as I said it would.

Jealous much?

Try again
Can I? You said McCain and Obama would both get 269 electoral votes. You said this as recently as the day before the election, lol

What do I win?

BTW, oil has fallen a few dollars today.

 
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