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Crude Settles Below $67 A Barrel; Dollar Hits Two-Year High Vs. Euro (WE'RE DOOOMED)
INVESTORS BUSINESS DAILY ^
| 10/22/2008
| REUTERS
Posted on 10/23/2008 10:59:28 AM PDT by expat_panama
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Wait a second, a couple months ago this was supposed to be what we wanted...
To: expat_panama
Ever since we crested peak oil, the price has dropped.
2
posted on
10/23/2008 11:02:36 AM PDT
by
weegee
(If we're gonna share wealth, those earning > $1 a month are going to have to share with the world.)
To: expat_panama
3
posted on
10/23/2008 11:02:41 AM PDT
by
vietvet67
To: expat_panama
We want $9 a barrel, 19 cent a gallon gas along with a 12 oz. Marvel Comics glass for every fill up over 12 gallons.
4
posted on
10/23/2008 11:02:45 AM PDT
by
A CA Guy
( God Bless America, God bless and keep safe our fighting men and women.)
To: expat_panama
I hope that people are starting to wake up to what bastards the MSM is made up of. Now lower oil/gas prices and a stronger dollar are bad things?
5
posted on
10/23/2008 11:03:10 AM PDT
by
frankiep
(Every socialist is a disguised dictator - Ludwig von Mises)
To: expat_panama
Seems like deflation would be a good thing if not for it’s effect on the housing market(bubble)
6
posted on
10/23/2008 11:04:55 AM PDT
by
refermech
To: expat_panama
BUSH’S FAULT ! (Am I first?)
7
posted on
10/23/2008 11:05:54 AM PDT
by
OB1kNOb
("I guarantee you itÂ’s (a testing of America) gonna happen." - "Plugs" Biden regarding Obama)
To: expat_panama
So this means that the US economy and thus the dollar are STRONGER than they were a few months ago. Therefore the stock market “crash” is just a normal market correction.
8
posted on
10/23/2008 11:07:52 AM PDT
by
Blood of Tyrants
(G-d is not a Republican. But Satan is definitely a Democrat. And so is Obama.)
To: OB1kNOb
9
posted on
10/23/2008 11:07:54 AM PDT
by
FES0844
(FES0844)
To: rabscuttle385; TigerLikesRooster; 1rudeboy; Toddsterpatriot; Mase; padre35
Somebody please explain why expensive oil and cheap dollars were bad before, and cheap oil and sought-after dollars are bad now.
To: expat_panama
Does this mean gold won't be going to $1,650 an ounce anytime soon?
T. Boone Pickens has been pretty quite of late too. I'm thinking he's trying to figure out some other use for all that land he was going for his wind farm.
11
posted on
10/23/2008 11:09:11 AM PDT
by
Mase
(Save me from the people who would save me from myself!)
To: expat_panama
Somebody please explain why expensive oil and cheap dollars were bad before, and cheap oil and sought-after dollars are bad now. Because a Republican is still in the White House?
12
posted on
10/23/2008 11:10:39 AM PDT
by
Mase
(Save me from the people who would save me from myself!)
To: expat_panama
we need to get the speculators out of the market /s
13
posted on
10/23/2008 11:11:35 AM PDT
by
PjhCPA
(I Am Joe!!!)
To: Mase
I'm thinking he's trying to figure out some other use for all that land he was going for his wind farm. The only wind he appeared to be generating had a distinct odor to it...
14
posted on
10/23/2008 11:11:48 AM PDT
by
bcsco
(Palin started her political career in a small town, Obama from the house of a domestic terrorist.)
To: expat_panama
I’ve refrained from commenting on the fact that the U.S. dollar is trading at a 17-month high for the only reason it’s doing so is because our economy is less effed-up than the rest of the world’s.
15
posted on
10/23/2008 11:12:02 AM PDT
by
1rudeboy
To: A CA Guy
I want S&H Green Stamps..
16
posted on
10/23/2008 11:12:09 AM PDT
by
rahbert
To: A CA Guy
And those slurpee cups with baseball players on them.
17
posted on
10/23/2008 11:12:37 AM PDT
by
El Sordo
To: expat_panama
This is good news, especially for those who are planning to spend several weeks in the South of France this winter. Our money is stronger against the Euro than it has been in two years, meaning world markets have a lot more confidence in our economy than CNN does, and our gasoline is getting cheaper by the day. Why is this bad?
18
posted on
10/23/2008 11:12:57 AM PDT
by
3AngelaD
(They screwed up their own countries so bad they had to leave, and now they're here screwing up ours.)
To: expat_panama
Ive noticed that ever since Sarah said drill baby drill the price of oil has plummeted.
To: expat_panama
Gold @ about $700... those who panic bought @ $1000 lost 30% in one month.
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