Posted on 12/27/2004 12:13:42 PM PST by soccer_linux_mozilla
Crude futures fell by more $2 a barrel on Monday as traders anticipated warmer weather in the U.S. Northeast later in the week and responded to weekend snowstorms in the U.S. Midwest that kept motorists off the road.
Traders brushed off any impact from the massive earthquake off the coast of Indonesia, where the government oil company and Exxon Mobil Corp., which produces and process natural gas there, said operations and exports were continuing as normal after brief power outages.
Light, sweet crude for February delivery plunged $2.78, or 6 percent, to $41.40 a barrel on the New York Mercantile Exchange in afternoon trade.
(Excerpt) Read more at forbes.com ...
that ain't a slump...it shgould be about 25...
Powder..Patch..Ball FIRE!
Gas at $1.47 gal. yesterday. Should be less tomorrow.
Gee wonder when the MSM will investigate the falling prices?
I see it at 30-35
There were posters here who predicted that oil would fall right after the election. These paranoids thought someone might have bid up oil futures for political reasons.
Of course, thats pretty much what has happened. Oil started dropping right about election day.
Its going to be OK...
Michael Moore is deeply saddened.
Wow that's good it's 1.70 here.
Still $1.75 a gallon for regular around Pgh. Irritates me to no end. I need to fill my gas guzzling F150!
I should have been more clear....I love my gas guzzling F150. It's the prices that irk me.
Soros is sad about the oil prices, but happy because his guy won in the Ukraine.
I think the higher oil prices would have been better for the US.
Crimony, I paid $1.74 this weekend.
NYMEX January 2005 Light Sweet Crude (date, open, high, low, close)
20041012...53.10...53.20...51.40...51.67
20041013...50.90...52.80...50.80...52.62
20041014...52.70...53.50...52.35...53.47
20041015...53.05...53.45...52.80...53.40
20041018...53.20...53.30...51.80...52.31
20041019...51.40...52.20...51.40...52.14
20041020...52.40...54.05...52.25...53.93
20041021...53.93...54.15...53.60...54.05
20041022...54.35...55.00...54.35...54.69
20041025...54.70...54.95...53.90...54.17
20041026...53.80...54.85...53.55...54.76
20041027...54.75...55.30...51.85...52.17
20041028...51.35...52.60...50.65...50.74
20041029...50.90...51.70...50.50...51.60
20041101...51.90...52.35...49.22...50.01
20041102...49.75...50.25...49.45...49.59 <<-- election day
20041103...49.65...51.00...48.50...50.82
20041104...50.72...50.85...48.75...48.84
20041105...49.10...49.70...48.40...49.62
20041108...49.05...49.60...48.70...49.17
20041109...48.10...48.70...47.35...47.57
20041110...47.40...49.10...47.30...48.92
20041111...48.09...48.40...47.25...47.60
20041112...47.50...48.20...47.30...47.41
20041115...46.50...47.10...45.45...46.95
20041116...47.30...47.44...46.15...46.20
20041117...45.90...47.35...45.50...47.12
20041118...47.00...47.30...46.00...46.38
20041119...46.80...48.95...46.75...48.89
20041122...48.95...49.25...48.35...48.64
20041123...48.83...50.25...48.80...48.94
20041124...48.60...49.60...47.80...49.44
20041129...49.60...49.95...49.15...49.76
20041130...50.05...50.40...48.68...49.13
20041201...48.90...49.00...45.35...45.49
20041202...44.30...44.60...42.50...43.25
20041203...42.53...43.60...42.05...42.54
20041206...43.00...43.60...42.73...42.98
20041207...42.55...42.65...41.38...41.46
20041208...40.70...42.50...40.70...41.94
20041209...42.20...43.20...42.05...42.53
20041210...43.01...43.10...40.25...40.71
BusHalliburton is rewarding the VRWC for returning him to office.
/tinfoil off
$1.899 in Jacksonville.
Personally, I never cared about gasoline prices going up or down a dime. I'd prefer the government stop confiscating $64,000 a year from our family!
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