Results 1 to 19 of 19

Thread: Oil rises on price spike prediction

  1. #1
    Senior Member RUTHLESS's Avatar
    Join Date
    May 2007
    Posts
    2,145

    Oil rises on price spike prediction

    Is anyone else fed up with F'n "predictions" causing gas prices to go up? I mean what is going on here? I see no cause for this at all and a prediction can not justify the oil companies making more money. I am starting to think that the people making these predictions are paid by the oil companies so they can some how justify $7 price increases in one day.

    My gas cost per month are killing me. I fill up the truck twice a week at around $80 each fill up! This is just crazy and if it keeps up I will need to sell both my car and truck so I can move into an apartment in walking distance of my work.

    Here is a link to what caused me to freak out.
    http://news.yahoo.com/s/ap/20080606/..._ge/oil_prices
    Stock 03 Cobra Vroom Vroom!!

    Proudly supports Street Lethal Performance and Rodeheaver's Hotrod Shop

  2. #2
    Will Work For Car Parts Terminated's Avatar
    Join Date
    Aug 2007
    Location
    Brookline
    Posts
    2,897
    Oh it's awesome. I can't wait to pay more and more for gas. It would've been better if gradual, but an increase of more than $3.00/gal in the last 7 years?

    In 2001 I could fill my Thunderbird (19.0 gal tank) for $23. And that was 93. This is outrageous. It costs me $50/week to fill up a damn Cavalier.
    Dan -- 2003 Cobra DSG Coupe #6009

    If it looks good, you'll see it. If it sounds good, you'll hear it. If it's marketed right, you'll buy it. But if it's real, you'll feel it. IG: @donuttrump


  3. #3
    Senior Member scott5's Avatar
    Join Date
    Sep 2006
    Location
    NC
    Posts
    10,168
    yea it sucks, but gotta deal with it.. I just dont let it bother me anymore cause tehre is nothing anyone can do about it.. Thats why i ride a bike, it costs me 12 dollars to fill up yesterday on 93 and i get around 40 mpg

  4. #4
    Senior Member RUTHLESS's Avatar
    Join Date
    May 2007
    Posts
    2,145
    yea it sucks, but gotta deal with it..
    Looks like you did what you could to stick it to them by using a bike. The only thing that bothers me about a bike would be the city drive.
    Stock 03 Cobra Vroom Vroom!!

    Proudly supports Street Lethal Performance and Rodeheaver's Hotrod Shop

  5. #5
    Right Wing Nut Dragger Troll's Avatar
    Join Date
    Aug 2006
    Posts
    5,822
    A few days after Memorial Day, it took a big dip because nobody drove anywhere over the holiday weekend. Supposedley, it went from 132/barrel to 120/barrel. Prices at the local pump went from 3.95 to 3.91

    This is a big WTF right here. Don't think that your local station ISN'T taking advantage of you when it's on the way back down.

    simple math $12 / 55 gallons = 21.8 cents.... NOT 4 CENTS.

  6. #6
    Senior Member scott5's Avatar
    Join Date
    Sep 2006
    Location
    NC
    Posts
    10,168
    Quote Originally Posted by RUTHLESS View Post
    Looks like you did what you could to stick it to them by using a bike. The only thing that bothers me about a bike would be the city drive.
    that is the one thing scaring me about riding in philly

  7. #7
    Senior Member
    Join Date
    Oct 2007
    Posts
    3,125
    Quote Originally Posted by Troll View Post
    A few days after Memorial Day, it took a big dip because nobody drove anywhere over the holiday weekend. Supposedley, it went from 132/barrel to 120/barrel. Prices at the local pump went from 3.95 to 3.91

    This is a big WTF right here. Don't think that your local station ISN'T taking advantage of you when it's on the way back down.

    simple math $12 / 55 gallons = 21.8 cents.... NOT 4 CENTS.
    Nail on the head.

    They're quick to jack up the price but don't want to take it back down.
    Anybody have any experience in a gas station and how the pricing works? I'd be interested to hear it.

    And I agree, I hate the speculation and bull crap like that, its just buying more into the expectation that prices are going to rise so its OK. Its not ****ing ok. There is no reason for them to be charging more when we're using less. Its not like they've lost any oil rigs lately or anything...

  8. #8
    Senior Member scott5's Avatar
    Join Date
    Sep 2006
    Location
    NC
    Posts
    10,168
    they are actually pumping more oil now for us, but the price will still go up

  9. #9
    member 65 Fastback's Avatar
    Join Date
    Nov 2007
    Location
    South Hills
    Posts
    303
    Quote Originally Posted by MBH View Post
    Nail on the head.

    They're quick to jack up the price but don't want to take it back down.
    Anybody have any experience in a gas station and how the pricing works? I'd be interested to hear it.

    And I agree, I hate the speculation and bull crap like that, its just buying more into the expectation that prices are going to rise so its OK. Its not ****ing ok. There is no reason for them to be charging more when we're using less. Its not like they've lost any oil rigs lately or anything...
    I just can't wait for the freekin' hurricaine season and see what it does to the oil rigs! Maybe $7 a gallon? We should get rid of all the tree huggers and drill it all our states which have plenty of oil reserves and screw the a-rabs!

  10. #10
    Senior Member RUTHLESS's Avatar
    Join Date
    May 2007
    Posts
    2,145
    I hope you get my point with this statment...How can the prices change daily and why is it not all the same price. I drive 40 miles to work and pass about 8 gas stations and the prices always range by about 5-8 cents. It doesnt matter what the brand is either. Most days its hard to find the cheapest place with out having to push the truck. Oh and before for the first "Gas buddy" comment...It doesnt work at all around here. It had me driving to places that didnt even sell gas and the prices were up to date too. I think the stations are posting to these on-line places just to get people to show up at the store.
    Stock 03 Cobra Vroom Vroom!!

    Proudly supports Street Lethal Performance and Rodeheaver's Hotrod Shop

  11. #11
    Senior Member
    Join Date
    Apr 2008
    Location
    Polar Vortex
    Posts
    6,031
    Quote Originally Posted by Blown302 View Post
    I just can't wait for the freekin' hurricaine season and see what it does to the oil rigs! Maybe $7 a gallon? We should get rid of all the tree huggers and drill it all our states which have plenty of oil reserves and screw the a-rabs!
    Exactly, lets become energy independent, and quit the excuses about the animals and other things that will suffer, this a the biggest scam ever and don't think for a second our great government doesnt have alot to do with it, look @ the taxes your paying on a gallon of gas, and why?

  12. #12
    member 65 Fastback's Avatar
    Join Date
    Nov 2007
    Location
    South Hills
    Posts
    303
    Quote Originally Posted by John4cam View Post
    Exactly, lets become energy independent, and quit the excuses about the animals and other things that will suffer, this a the biggest scam ever and don't think for a second our great government doesnt have alot to do with it, look @ the taxes your paying on a gallon of gas, and why?
    It's all politics and let's help big business make money and screw the rest of the American public. The government doesn't care or give a crap about the American people at all! Over 4,000 of our boys have gotten killed in Iraq...for what? They don't care!
    Sorry...Enough soap box!

  13. #13
    Senior Member RUTHLESS's Avatar
    Join Date
    May 2007
    Posts
    2,145
    Looks like it didn't stop at $7 after all.
    Its more like $11

    Sorry guys I thought they posted a new write up on it but it looks like the original article was just "UPDATED" with the higher amount.
    Last edited by RUTHLESS; 06-06-2008 at 04:38 PM.
    Stock 03 Cobra Vroom Vroom!!

    Proudly supports Street Lethal Performance and Rodeheaver's Hotrod Shop

  14. #14
    Senior Member
    Join Date
    Apr 2008
    Location
    Polar Vortex
    Posts
    6,031
    Quote Originally Posted by Blown302 View Post
    It's all politics and let's help big business make money and screw the rest of the American public. The government doesn't care or give a crap about the American people at all! Over 4,000 of our boys have gotten killed in Iraq...for what? They don't care!
    Sorry...Enough soap box!
    I agree man, now you turn on the tv and see these lame ass commercials about joining the army, what a joke.

  15. #15
    Right Wing Nut Dragger Troll's Avatar
    Join Date
    Aug 2006
    Posts
    5,822

    Here's your answer --- straight from the OPEC Minister

    The OPEC minister will look you in the eyes and state:


    " We are at war with you infidels. Have been since
    the embargo in the 1970s. You are so arrogant you
    haven't even recognized it. You have more missiles,
    bombs, and technology; so we are fighting with the
    best weapon we have and extracting on a net basis
    about $700 billion/year out of your economy. We will
    destroy you! Death to the infidels!
    While I am here I would like to thank you for the
    following: Not developing your 250-300 year supply of oil
    shale and tarsands. we know if you did this, it
    would create millions of jobs for US citizens,
    expand your engineering capabilities, and keep the
    wealth in the US instead of sending it to us to
    finance our war against you bastards.

    Thanks for limiting defense dept. purchases of
    oilsands from your neighbors to the north. We love
    it when you confuse your allies.

    Thanks for over regulating every segment of your
    economy and thus delaying, by decades, the
    development of alternate fuel technologies.

    Thanks for limiting drilling off your coasts, in
    Alaska, and anywhere there is a bug, bird, fish, or
    plant that might be inconvenienced. Better that your
    people suffer! Glad to see our lobbying efforts have
    been so effective.

    Corn based Ethanol. Praise Allah for this sham
    program! Perhaps you will destroy yourself from the
    inside with theses types of policies. This is a gift
    from Allah, praise his name! We never would have
    thought of this one! This is better than when you
    pay your farmers NOT TO GROW FOOD. Have them use
    more energy to create less energy, and
    simultaneously drive food prices through the roof.
    Thank you US Congress!!!!

    And finally, we appreciate you letting us fleece
    you without end. You will be glad to know we have
    been accumulating shares in your banks, real estate,
    and publicly held companies. We also finance a good
    portion of your debt and now manipulate your
    markets, currency, and economies to our benefit.

    THANK YOU AMERICA!"

  16. #16
    Senior Member RUTHLESS's Avatar
    Join Date
    May 2007
    Posts
    2,145
    Wow so how do you really feel?

    "publicly held companies"
    They are all employed by UPMC and I have to work with then every day. I drives me crazy because 90% can’t speak English worth a crap. Get this...UPMC has asked employees if they would like to go over sea to help build and they will kick in a 20% salary increase tax free (I think). I know other people that have done this for different companies and they are pulling in 200K or more for 16 months of work.
    Stock 03 Cobra Vroom Vroom!!

    Proudly supports Street Lethal Performance and Rodeheaver's Hotrod Shop

  17. #17
    Senior Member
    Join Date
    Oct 2007
    Posts
    3,125
    So I was just shopping for my dad at south hills village and checking out the white Jag XF they have parked in there... and some weirdo came up to me and started talking to me immediately and asked if I knew about the Chevy Volt. I said no and started to find my way to admiring the rear of the car, hoping he wouldn't follow.. but he tagged along and told me all about it (mostly made up stuff, I know all about the car). But he was telling me how "his guy" who is never wrong told him that gas is going to be $7 a gallon next summer and all this other crap. I looked him square in the eye and said, you know what I think drives gas prices up? Idiots who speculate that the prices are going to go up. I think/hope that gas prices are pretty close to a peak/bubble and are going to fall back down around $100 a barrel soon enough.

    I hate morons/bullshitters, and I hope they live a long and lonely life. Have I ever voiced that opinion here?

  18. #18
    cRaZy HoRsE
    Join Date
    Sep 2006
    Location
    Three Springs, PA
    Posts
    445
    Too many of our own have gotten killed in iraq and for what??? freedom....gas prices or savin all the towel heads over there!?!?!? here's my thought and my thought only....go over...blow em up....walk away....here's your fn hole in the ground....good bye!!! become energy sufficient and forget about the rest of the world....i know its not that easy but i sure do wish it was!.... they got the american public by the balls and im sure feeling it!!! i drive 90miles round trip to work...and live in the middle of no where...so 4wheel drive is a must in the winter time. it costs me $500a month in fuel for my truck and dont give me that well move closer you moron.....i shouldnt have to move into an over populated place close to work and deal with more crime...and filth! i could drive a chevy slowbolt or aveo or whatever else is a box with wheels but i guess i just have to make the decision....do i want to live today and drive my truck or am i feeling cheap and want to jeoparadize my life by a cobalt, aveo or anything by honda on a daily basis! Our govt is BS and even tho im going to vote come november i still feel its a waste no matter which way i go!! but at least if i vote, i can say i had a say in putting that idiot in office just like i did with BUSH!!!! wow....glad i voted that way.....NOOOOTTTT!!!! Here's to takin from America!!!
    Ryan

    2004 Mustang Mach 1- mac exhaust, magnaflow xpipe, 410 gears, short throw shifter with more to come once the weather breaks!

    2007 ford f150 Fx4 ext. cab- 20" rims with 33s, diablo sport predator, green cold air kit, Roush off-road exhaust, tinted windows

    Sold- 2000 mustang v6

  19. #19
    member 65 Fastback's Avatar
    Join Date
    Nov 2007
    Location
    South Hills
    Posts
    303
    Quote Originally Posted by Troll View Post
    The OPEC minister will look you in the eyes and state:


    " We are at war with you infidels. Have been since
    the embargo in the 1970s. You are so arrogant you
    haven't even recognized it. You have more missiles,
    bombs, and technology; so we are fighting with the
    best weapon we have and extracting on a net basis
    about $700 billion/year out of your economy. We will
    destroy you! Death to the infidels!
    While I am here I would like to thank you for the
    following: Not developing your 250-300 year supply of oil
    shale and tarsands. we know if you did this, it
    would create millions of jobs for US citizens,
    expand your engineering capabilities, and keep the
    wealth in the US instead of sending it to us to
    finance our war against you bastards.

    Thanks for limiting defense dept. purchases of
    oilsands from your neighbors to the north. We love
    it when you confuse your allies.

    Thanks for over regulating every segment of your
    economy and thus delaying, by decades, the
    development of alternate fuel technologies.

    Thanks for limiting drilling off your coasts, in
    Alaska, and anywhere there is a bug, bird, fish, or
    plant that might be inconvenienced. Better that your
    people suffer! Glad to see our lobbying efforts have
    been so effective.

    Corn based Ethanol. Praise Allah for this sham
    program! Perhaps you will destroy yourself from the
    inside with theses types of policies. This is a gift
    from Allah, praise his name! We never would have
    thought of this one! This is better than when you
    pay your farmers NOT TO GROW FOOD. Have them use
    more energy to create less energy, and
    simultaneously drive food prices through the roof.
    Thank you US Congress!!!!

    And finally, we appreciate you letting us fleece
    you without end. You will be glad to know we have
    been accumulating shares in your banks, real estate,
    and publicly held companies. We also finance a good
    portion of your debt and now manipulate your
    markets, currency, and economies to our benefit.

    THANK YOU AMERICA!"
    I LOVE IT! YOU MY FRIEND ARE RIGHT ON IN EVERY WAY! WHY CAN'T THOSE MORONS IN OUR (?) GOVERNMENT SEE THIS AND ACT?

Similar Threads

  1. the Dark Knight Rises
    By VaderGT in forum Pictures & Videos
    Replies: 19
    Last Post: 08-04-2011, 09:39 AM
  2. Replies: 7
    Last Post: 05-01-2010, 08:59 PM
  3. 95 GT Engine speed rises in between shifts
    By 95DropTop in forum Fox-SN95
    Replies: 8
    Last Post: 10-29-2008, 11:38 PM
  4. Oil price dives to $77
    By RUTHLESS in forum The Bar
    Replies: 8
    Last Post: 10-10-2008, 04:58 PM
  5. anyone ever watch MXC on spike tv?
    By 92306gt in forum The Bar
    Replies: 7
    Last Post: 01-25-2008, 10:16 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •