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Crude-oil prices fall as supplies rise
Business Week ^
Posted on 05/10/2006 8:51:30 AM PDT by LexHoskin
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To: razorback-bert
81
posted on
05/10/2006 9:19:21 PM PDT
by
Rte66
To: GraniteStateConservative
Good enough for government work.
To: conservativewasp
Yup. Up in Anacortes, near Bellingham and the Kunuck border. I saw on the news where BELLINGHAM, nearest the facilities, has the HIGHEST average gas prices in the state right now. So, go figure.
83
posted on
05/11/2006 8:03:36 AM PDT
by
RetiredArmy
(Politicians and the U.S. Government are liars, cheats and thieves, in it for their own gain.)
To: LexHoskin
84
posted on
05/11/2006 8:10:37 AM PDT
by
XR7
To: SkyPilot
Geez, 4 octane ratings. One wonders what that costs to produce another gas to have an extra octane rating.
85
posted on
05/11/2006 8:18:54 AM PDT
by
Grampa Dave
(There's a dwindling market for Marxist homosexual lunatic wet dreams posing as journalism)
To: Grampa Dave
..it's not really the nightmare so many espouse.
More like getting coffee for your pals & who gets cream, who gets sugar, who gets equal(yuk, metal taste), etc..
It's one of the many myths SneakyMan Inc. loves to let simmer.
It helps price support in general.
86
posted on
05/11/2006 9:15:00 AM PDT
by
norraad
("What light!">Blues Brothers)
To: Rte66
I wish the would start another drilling boom.
I'm right on the edge of the last one. I could use a few "woodpeckers" in my backyard...lol
87
posted on
05/11/2006 11:46:10 AM PDT
by
Beagle8U
(Juan Williams....The DNC's "Crash test Dummy" for talking points.)
To: dhs12345
You ask
"When were we going to start drawing from the Strategic Petroleum Reserve?" What part of "strategic" do you not understand???
Or were you just being sarcastic?
Clintooon opened and sold from the "strategic"(read--militarily strategic, vitally important) reserve, to score cheap political points, with the cheap, shallow, ignorant electorate. Then Bush caught flack for slowly, methodically working at REPLACING the oil, at what turns out to be bargain prices, compared to today! Score one for Bush & Co. Wiser heads than the previous Admin., in this regard, at the very least...
While I'm at it, I'll bring up once again the corrupt appearing sale of the Elk Hills Petroleum Reserve to Occidental Petroleum in the last waning traitorous days, of the Bent One's "presidency". It went by sealed bid. We were all SUPPOSSED to be able to find out what the final sale price was, after the bid was accepted. That's what the Traitor-In-Chief promised... But we never heard what the deal really was.
So please, in light of what this Nation of ours is facing today, in a strategic sense, and could well be facing more, & worse of, in the future, don't even TALK about breaking into reserve supplies!!! What are you, some sort of shallow ignorant live-for-today easy life, liberal democrat? If so--then Good God, man! Pull your head out!
To: BlueDragon
Correction: We are not drawing from the reserve, just not filling it anymore.
Actually, just stating a fact -- Bush ordered that we stop diverting oil to the SPR to increase supply. Pretty certain that it has happened already and may be affecting supply concerns.
89
posted on
05/11/2006 2:57:46 PM PDT
by
dhs12345
To: dhs12345
Ok, ok... Seems an ok, reasonable move, to momentarily curtail rebuilding reserve supplies. Supplies of both crude and refined are up...but prices of crude remain high. For whatever reasons.
Not exactly a buyers market, for the time being.
Never thought I'd be missing the days of $50 bbl. (do I hear $35? no? $37? no...$39---we'll take it!)
90
posted on
05/11/2006 3:09:46 PM PDT
by
BlueDragon
(i'm poor enough that driving to work is driving me to the poorhouse)
To: BlueDragon
"For whatever reasons."
Mostly political, I bet. And temporary and a drop in the bucket. Still, it sounds good on the evening news and on the investment shows.
91
posted on
05/11/2006 3:15:17 PM PDT
by
dhs12345
To: dhs12345
And all the gas in my area went up 22 cents a gal. today.
92
posted on
05/11/2006 3:41:54 PM PDT
by
Beagle8U
(Juan Williams....The DNC's "Crash test Dummy" for talking points.)
To: Beagle8U
Yeah, I know. This post is dated, too. Wait a day or two and prices will change; usually higher.
93
posted on
05/11/2006 3:49:54 PM PDT
by
dhs12345
To: dhs12345
Since my last post, the price went up another 4 cents.
26 cents in one freaking day!
94
posted on
05/11/2006 10:15:07 PM PDT
by
Beagle8U
(Juan Williams....The DNC's "Crash test Dummy" for talking points.)
To: XR7
"We're still payin' through the nose.
And figure this: for every gas tank fill-up (20 gallons),
we are paying about 10 dollars ($10.00) of tax."
Yep, and with the fear premium of $15 a barrel, another 8 bucks goes to the speculators.
95
posted on
05/12/2006 4:41:39 AM PDT
by
Wristpin
("The Yankees announce plan to buy every player in Baseball....")
To: LexHoskin
Profit taking Friday's are back.
96
posted on
05/12/2006 9:59:03 PM PDT
by
M. Espinola
(Freedom is never free)
To: dhs12345
"When were we going to start drawing from the Strategic Petroleum Reserve?"I'm drawing now from my personal strategic reserve layed in about a month ago. I expect it to last until some time in August.
Expecting the gov't to do something for you? How much gov't do you want?
97
posted on
05/14/2006 10:53:10 AM PDT
by
Paladin2
(If the political indictment's from Fitz, the jury always acquits.)
To: dhs12345
No, they have actually stopped adding to it. Sensible, because at these prices stockpiling oil is a losing bet.
98
posted on
05/14/2006 10:55:11 AM PDT
by
JasonC
To: Paladin2
Just stating a fact. Bush ordered that no more oil be diverted to the SPR.
99
posted on
05/15/2006 8:28:17 AM PDT
by
dhs12345
To: LexHoskin
Yep, crude prices are falling. Crude stocks are rising. Dittos for gas stocks. Gas imports are up. Refinery output is up.
So, then, why did the price of gas at my station jump fourteen cents over the last ten days?
100
posted on
05/15/2006 2:02:48 PM PDT
by
dirtboy
(An illegal immigrant says my tagline used to be part of Mexico)
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