Skip to comments.
Facing Glut, Price of Oil Falls Sharply
NYT ^
| 10/13/14
| By CLIFFORD KRAUSS
Posted on 10/13/2014 5:41:15 PM PDT by Oliviaforever
Oil prices sank again on Monday, giving consumers more of a break and causing a split among OPEC leaders about what action should be taken, if any, to halt the slide.
The price drop has led to a near free fall in gasoline prices in the United States. On Monday, the national average price for regular gasoline was $3.20, 9 cents lower than it was a week ago and 14 cents below the price a year ago, according to the AAA motor club.
(Excerpt) Read more at nytimes.com ...
TOPICS: Business/Economy; News/Current Events
KEYWORDS: 2809ingrandhaven; energy; gas; oil; opec; saudiarabia; vladtheimploder
Navigation: use the links below to view more comments.
first previous 1-20, 21-40, 41-44 next last
To: Oliviaforever
Over the weekend I paid $2.69 in Southaven, Mississippi.
To: Vince Ferrer
They get to keep the Crimea?
22
posted on
10/13/2014 7:52:47 PM PDT
by
1010RD
(First, Do No Harm)
To: Oliviaforever
I saw a sign for $2.97 regular tonight in DFW. Blew my mind.
23
posted on
10/13/2014 9:43:59 PM PDT
by
Windflier
(To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
To: Zuben Elgenubi
And when it gets back to -$2.00 I’ll believe we have some kind of recovery.
24
posted on
10/14/2014 12:15:19 AM PDT
by
Cololeo
To: Cololeo
The thing that everyone ignores is that EVERYTHING is ten times what it was in the 50s and 60s. The stock market is just a reflection of inflation.
25
posted on
10/14/2014 12:17:51 AM PDT
by
Cololeo
To: Oliviaforever
PERFECT time for the feds, state, and local, governments to rraise gasoline taxes. Sneak it in while the price lowers.
To: Oliviaforever
10 to 1 says as soon as election over gas prices skyrocket again.
Gots to make it look better til you rubes elect more dems.
Pipeline!
We don need no stinking pipeline.
27
posted on
10/14/2014 3:57:16 AM PDT
by
Joe Boucher
(The F.B.I. Is a dept. of holders Justice Dept. (Nuff said))
To: Oliviaforever
I’m sure obola will take credit for it before the elections.
28
posted on
10/14/2014 5:02:26 AM PDT
by
freeangel
( (free speech is only good until someone else doesn't like it)
To: Oliviaforever
Howie Carr told a moonbat that the price of gas was $1.81 when Bush left office. The moonbat flatly refused to believe him.
29
posted on
10/14/2014 5:07:45 AM PDT
by
St_Thomas_Aquinas
( Isaiah 22:22, Matthew 16:19, Revelation 3:7)
To: Oliviaforever
-— The Saudis and OPEC can increase production to lower prices in order to discourage drilling in the US. -—
Works for us either way, doesn’t it?
30
posted on
10/14/2014 5:09:08 AM PDT
by
St_Thomas_Aquinas
( Isaiah 22:22, Matthew 16:19, Revelation 3:7)
To: Army Air Corps
31
posted on
10/14/2014 5:23:12 AM PDT
by
thackney
(life is fragile, handle with prayer.)
To: Cololeo
32
posted on
10/14/2014 5:26:29 AM PDT
by
thackney
(life is fragile, handle with prayer.)
To: Zuben Elgenubi
When 0bama took office, the price of gas was $1.79/gal.
...
The price collapsed due to the 2008 financial crisis.
33
posted on
10/14/2014 5:27:46 AM PDT
by
Moonman62
(The US has become a government with a country, rather than a country with a government.)
To: St_Thomas_Aquinas
The Saudis and OPEC can increase production to lower prices in order to discourage drilling in the US.
Works for us either way, doesn’t it? Not in the long run. Becoming more dependent on OPEC is not going lower prices past the short term damage of the US oil production industry and associated jobs.
34
posted on
10/14/2014 5:30:09 AM PDT
by
thackney
(life is fragile, handle with prayer.)
To: expat_panama
35
posted on
10/14/2014 5:32:13 AM PDT
by
Lurkina.n.Learnin
(It's a shame nobama truly doesn't care about any of this. Our country, our future, he doesn't care)
To: Moonman62; Zuben Elgenubi
There’s truth to that.
Gasoline was over $4.00 per gallon during the election campaign of 2008, probably intended to help Democrats.
36
posted on
10/14/2014 5:34:08 AM PDT
by
jjotto
("Ya could look it up!")
To: Oliviaforever
$2.96 in NJ yesterday. Be better if it were $.96.
37
posted on
10/14/2014 5:34:18 AM PDT
by
dead
(I've got my eye out for Mullah Omar.)
To: dead
Two silver dimes will still get a gallon of gas, same as many decades ago.
38
posted on
10/14/2014 5:37:59 AM PDT
by
jjotto
("Ya could look it up!")
To: Oliviaforever
I remember when gasoline prices went up or down during the Bush Administration, the leftwing news sites always explained why Bush was moving the prices up (to punish voters for whatever! his Saudi controllers told him to!) or moving the prices down (election coming up! Halliburton has to move more equipment into their war zones!).
The president does not move the price of oil up or down. Anybody who could control the price of oil wouldn't need to be president - he'd be the richest most powerful man on his own.
39
posted on
10/14/2014 5:39:28 AM PDT
by
dead
(I've got my eye out for Mullah Omar.)
To: dead
Anybody who could control the price of oil wouldn’t need to be president - he’d be the richest most powerful man on his own.
BTTT
40
posted on
10/14/2014 5:40:20 AM PDT
by
thackney
(life is fragile, handle with prayer.)
Navigation: use the links below to view more comments.
first previous 1-20, 21-40, 41-44 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson
