Oil prices down to under $130 a barrel.

2008-07-22 05:31:19

#1

wensleydale8: Member; +81|7190|LEEDS!!!!!, Yorkshire

Well I just found this, and due to the ever increasing demand for oil this pushed up prices and because the price of oil was threating the global economy prices have fallen 11% percent in the past four days

http://news.bbc.co.uk/1/hi/business/7513608.stm

so what are your thoughts on this?

Dear God please let my karma one day reach 100, whether it be tomorrow or 1000 years in the future i want it to happen.

2008-07-22 05:33:20

#2

DUnlimited: got any popo lolo intersting?; +1,160|6884|cuntshitlake

Maybe I can soon buy gas for under 1.55€/liter in Finland too...

main battle tank karthus medikopter 117 megamegapowershot gg

2008-07-22 05:34:01

#3

CameronPoe: Member; +2,925|6976

I guess this means that we need to stop our economies from growing for the rest of eternity....

2008-07-22 05:37:29

#4

TheEternalPessimist: Wibble; +412|7041|Mhz

DeathUnlimited wrote:
Maybe I can soon buy gas for under 1.55€/liter in Finland too...

I wouldn't count on it.

2008-07-22 07:41:13

#5

Catbox: forgiveness; +505|7137

bubble...POP... speculators come crashing down hopefully...lol
I drive as little as possible now and will continue to do so...even if gas gets cheap again...
riding my Mt bike as much as possible...

Love is the answer

2008-07-22 08:24:03

#6

Kmar: Truth is my Bitch; +5,695|7022|132 and Bush

The economy has been rapidly slowing down for over a year and yet oil continued to rise rapidly. I don't buy into the "it's all because the economy is slowing" bullshit.

Xbone Stormsurgezz

2008-07-22 08:30:43

#7

ATG: Banned; +5,233|6950|Global Command

Kmarion wrote:
The economy has been rapidly slowing down for over a year and yet oil continued to rise rapidly. I don't buy into the "it's all because the economy is slowing" bullshit.

I agree. It's because they now recognize that they have pushed the nation to the edge of ruin and must now back off.

They ride us to the edge of madness and let us little people recover a little. Rinse, repeat.

2008-07-22 23:15:01

#8

paul386: Member; +22|6666

I think I may try biking my 22 mile commute to work. The gas really isn't a financial burden for me, but it would be nice to get the exercise.

2008-07-24 14:43:09

#9

Poseidon: Fudgepack DeQueef; +3,253|6958|Long Island, New York

Gas is down over .12 cents over here...things are slightly improving perhaps?

2008-07-24 14:54:54

#10

Bertster7: Confused Pothead; +1,101|7002|SE London

Poseidon wrote:
Gas is down over .12 cents over here...things are slightly improving perhaps?

I'm assuming you mean 12 cents, not 0.12 cents.

It's down 2-3p here. Which is about the same (considering our prices are per litre (x4.5) and the exchange rate differences (x2, so = 18c/gallon cheaper than it was)).

2008-07-24 14:59:21

#11

Poseidon: Fudgepack DeQueef; +3,253|6958|Long Island, New York

Bertster7 wrote:
Poseidon wrote:
Gas is down over .12 cents over here...things are slightly improving perhaps?
I'm assuming you mean 12 cents, not 0.12 cents.

It's down 2-3p here. Which is about the same (considering our prices are per litre (x4.5) and the exchange rate differences (x2, so = 18c/gallon cheaper than it was)).

Oh. Yeah...added in that . for some reason.

It's definitely going down...when the freaking Mobil station (which is almost always higher) is also going down, you know things are getting just a little better.

I don't think it'll go down more than 50 cents within the next couple of months though.

2008-07-24 15:02:30

#12

Commie Killer: Member; +192|6808

Dropped 4 cents round Tuesday round here.

2008-07-24 17:05:13

#13

Roger Lesboules: Ah ben tabarnak!; +316|6998|Abitibi-Temiscamingue. Québec!

Watever the reason his, i nearly came when i say the 1.30 at the pump today.

2008-07-24 17:08:35

#14

Stingray24: Proud member of the vast right-wing conspiracy; +1,060|6866|The Land of Scott Walker

I found a carpool! Yay! My gas prices were just cut in half.

Last edited by Stingray24 (2008-07-24 17:11:08)

2008-07-24 18:09:25

#15

Phrozenbot: Member; +632|7036|do not disturb

Well, oil came down sooner than expected for me, but unlike housing or tech there is real profits in oil. I wouldn't call that a bubble, just a major correction way over due.

BF2S Forums Oil prices down to under $130 a barrel.

DeathUnlimited wrote:

Kmarion wrote:

Poseidon wrote:

Bertster7 wrote:

Poseidon wrote:

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