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Oil Falls to 19-Month Low on Saudi Rejection of More OPEC Cuts (almost in the $40/barrel range)
Bloomberg
| January 16th, 2007
| Mark Shenk
Posted on 01/16/2007 1:09:18 PM PST by 2banana
Can't post but good news as Saudi Arabia's oil minister rejected calls for more production cuts...
http://www.bloomberg.com/apps/news?pid=20602099&sid=ap9i3C_FTkR4&refer=energy
TOPICS: Business/Economy; Foreign Affairs; Front Page News; News/Current Events
KEYWORDS: bust; energy; energyprices; iran; iraq; oil; opec; saudiaarabia; saudis
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Good news
1
posted on
01/16/2007 1:09:25 PM PST
by
2banana
To: 2banana
I look forward to the Democrats dropping their plans to rake Big Oil over the coals for manipulating fuel prices.
BWAAAAHAHAHAHAHA! Just kidding!
2
posted on
01/16/2007 1:11:17 PM PST
by
John Jorsett
(scam never sleeps)
To: 2banana
Just in time to bomb the heck out of Iran.
3
posted on
01/16/2007 1:12:41 PM PST
by
MeanWestTexan
(Kol Hakavod Lezahal)
To: 2banana
Iran must be bummed out bigtime.
Of course it will skyrocket again when we pummel them in April.
4
posted on
01/16/2007 1:13:02 PM PST
by
taxed2death
(A few billion here, a few trillion there...we're all friends right?)
To: John Jorsett
5
posted on
01/16/2007 1:13:20 PM PST
by
Patrick1
To: John Jorsett
look forward to the Democrats dropping their plans to rake Big Oil over the coals for manipulating fuel prices. I think they're STEAMED!
To: 2banana
So why are we still seeing gas at $2.35 or more a gallon?
7
posted on
01/16/2007 1:14:29 PM PST
by
Lucky9teen
(You can discover more about a person in an hour of play than in a year of conversation.)
To: 2banana
$oro$ is losing barrels of money!@! So is Gore!!
Pray for W and Our Troops
8
posted on
01/16/2007 1:14:49 PM PST
by
bray
(Redeploy to Iran)
To: Lucky9teen
Because that gas was refined with $70/bbl oil. We won't feel this for a month or more.
9
posted on
01/16/2007 1:15:35 PM PST
by
AntiKev
("No damage. The world's still turning isn't it?" - Stereo Goes Stellar - Blow Me A Holloway)
To: Patrick1
Well, now it'll be *Bush is sleeping with the Saudis again! Who supplied 15 of the 19* blah blah blah
10
posted on
01/16/2007 1:15:35 PM PST
by
txhurl
To: Lucky9teen
So why are we still seeing gas at $2.35 or more a gallon?Gas will follow.
11
posted on
01/16/2007 1:15:44 PM PST
by
frogjerk
(REUTERS: We give smoke and mirrors a bad name)
To: Lucky9teen
Gas stations are not necessarily owned by the oil companies
12
posted on
01/16/2007 1:16:19 PM PST
by
misterrob
(Jack Bauer/Chuck Norris 2008)
To: 2banana
Hugo's communist utopia about to eat a $hit burrito.
13
posted on
01/16/2007 1:16:53 PM PST
by
Proud_USA_Republican
(We're going to take things away from you on behalf of the common good. - Hillary Clinton)
To: Lucky9teen
So why are we still seeing gas at $2.35 or more a gallon? Who is this we? I just filled up for $1.90.
14
posted on
01/16/2007 1:17:00 PM PST
by
Harmless Teddy Bear
(We must have faith For when it is all said and done, Faith manages. And the impossible is achieved)
To: MeanWestTexan
Just in time to bomb the heck out of Iran.Might be the just the reason......a deal might just be there somewhere.
15
posted on
01/16/2007 1:18:07 PM PST
by
b4its2late
(Liberalism is a hollow log and a mental disorder.)
To: 2banana
All this time, it was really the lefties who controlled the price of oil, not Dick Cheney's smoke filled room friends! They deliberately kept it high during Bush's administration and are only lowering it because the Dems are in power!
To: Lucky9teen
So why are we still seeing gas at $2.35 or more a gallon?Because that's a price we are willing to pay?
To: Lucky9teen
Gas has dropped 30 cents a gallon in the last two weeks around here. It was 2.35, now it's 2.05 with some stations under $2.00.
Cue the suspicious refinery fires < /tinfoil hat>
18
posted on
01/16/2007 1:20:22 PM PST
by
MediaMole
(9/11 - We have already forgotten.)
To: taxed2death
Iran must be bummed out bigtime.
Of course it will skyrocket again when we pummel them in April.
Wait wait wait, Hugo's been saying for YEARS that the US is going to invade Venezuela...he would be mighty disappointed if we went for Iran first.
You don't think he was just trying to scare his people, do you?
19
posted on
01/16/2007 1:20:56 PM PST
by
Zeppelin
(Keep on FReepin' on...)
To: Lucky9teen
Taxes?
I filled up for $1.89 at Sams.
20
posted on
01/16/2007 1:21:29 PM PST
by
MeanWestTexan
(Kol Hakavod Lezahal)
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