| FINDING DEAL$ ON GA$OLINE: |
 12 Month National Average for Regular Unleaded by AAA.com |
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Posted on 05/16/2004 7:37:18 PM PDT by Flavius
Reuters U.S. Crude Hits New Record Sunday May 16, 10:14 pm ET
SINGAPORE (Reuters) - U.S. light crude futures (CLc1) struck a new all-time record in electronic trading on Monday on worries that global supplies will strain to meet soaring demand. The market tipped an intraday peak at $41.59 a barrel in electronic ACCESS dealings, surpassing Friday's peak at $41.56 during floor trading in New York.
Prices have pushed to their highest levels since U.S. crude futures were launched in 1983 by fears that world supplies may be hard pressed to meet surging oil demand, which has been driven by healthy global economic growth, especially in the United States and China.
Oil markets are also concerned of possible sabotage attacks on vital oil infrastructure in the Middle East, home to two-thirds of global reserves, which would further test supplies.
Its not that bad really... $ 3.00 buck or bust... Adjusted for inflation oil is free... Saudi Arabia loves us... and wont allow more expensive oil... We are going to gun down all the moose pi_s neosocialists (enviromentalists) and drill the h;ll out of ANWAR... phew... oy
Knew they had to raise the price before Memorial weekend.
| FINDING DEAL$ ON GA$OLINE: |
12 Month National Average for Regular Unleaded by AAA.com |
|
gas near Raleigh was $1.87/gallon when the barrel was $41, so what will it be now ???
We have been $2.09 in Northern Indiana since Friday.
I have to tank up tomorrow and am not looking forward to seeing the bill.
And of course there's no crude oil up in Alaska now is there? Don't want to make a caribou fart or anything.
At what price per barrel does shale oil or synfuel from coal become competitive?
well we certainly are going to be paying for it...
good thing that Oil companies are not racking it in … such a beautiful thing
also its great that we are getting taxed out of the ying yang because most of the price increases go straight
go state coffers to probably fund those really important programs like gay marriage effiency studies or something that important..
I hope im bitter and very wrong
I take the barell price and divide by 20 seems to always works for me in Ohio. I just paid 2.05 at $41 a barrell. If we get to $50 a barrell, I expect 2.50 gas.
"We have been $2.09 in Northern Indiana since Friday"
Don't complain, it's $2.35-2.39 in So. Calif.
Soon we'll all be driving Chinese go-carts with bodys, from China motors dealerships in Texas....
Budget cars en route from China
Houston Chronicle ^ | May 16, 2004 | DAVID KAPLAN
Posted on 05/16/2004 8:03:00 AM PDT by Dog Gone
Their names are Solo, Deer, Leopard, Safe and Sing, and thousands of them are on a boat headed this way.
U.S. car buyers will soon have a new option: very-low-priced Chinese cars, trucks and SUVs.
Four Houston partners will be exclusive dealers for two major manufacturers of Chinese cars for the entire state of Texas, with the first dealership scheduled to open in the city this summer.
from China motors dealerships in Texas....
I didn't know you were Chinese.....
Good question, we have entire mountains of oil shale up around Rifle Colorado.
It is probably feasible now. However, the capital cost of a $250 million facility is a significant challenge.
Report sees oil at $51 a barrel by 2025 Energy Dept. predicts 54 percent increase in demand
The Associated Press
Updated: 12:30 p.m. ET April 14, 2004
WASHINGTON - Crude oil prices will increase gradually and reach $51 a barrel by 2025 due to inflation and rising energy needs in developing nations, according to an Energy Department projection.
http://www.msnbc.msn.com/id/4739061/
BOY WERE THOSE GUYS WRONG>.. who'd thunk it it will be now...
See you don't know all you think you do ..... lol.
Hey but that CA money...... we love it. Send a few more dollars our way.
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