frede2
Champion Author
Texas
Posts:3,693
Points:794,910
Joined:May 2005
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Message Posted:
12/5/2008 9:53:29 AM
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story on the news this morning said it may go to below $25 per barrel
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foxesfords
Sophomore Author
Atlanta
Posts:231
Points:64,675
Joined:Nov 2008
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Message Posted:
12/5/2008 9:14:27 AM
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Conservation keeps workin'
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Jagman98
All-Star Author
Louisville
Posts:827
Points:113,180
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Message Posted:
12/5/2008 12:08:36 AM
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these same expert where crying about $200/bbl oil in the near future.....its a guess....but they get paid to guess...
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ligas
Rookie Author
Long Island
Posts:23
Points:16,110
Joined:Nov 2008
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Message Posted:
12/5/2008 12:00:14 AM
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Oh, I forgot ..GREED!
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ligas
Rookie Author
Long Island
Posts:23
Points:16,110
Joined:Nov 2008
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Message Posted:
12/4/2008 11:59:37 PM
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Between 2003 and 2005 the Oil price was even lower $22-45 and OPEC was very happy....why shouldn'd they be now when the price is higher than that?
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21597
All-Star Author
Colorado
Posts:909
Points:255,040
Joined:Sep 2005
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Message Posted:
12/4/2008 1:25:58 PM
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I know we should all conserve and I do conserve a bunch. But we must do something about the supply also and not the direction that obama and many of his cohorts want to do. Such as stopping drilling in many places and raise gas taxes
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WantMyGas
Rookie Author
Memphis
Posts:96
Points:61,935
Joined:Aug 2008
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Message Posted:
12/4/2008 11:43:01 AM
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I got gas here in Memphis, Tn (near Wolfchase Mall) for $1.49 on tuesday.
I'm loving the low gas prices, but I still don't drive much cuz I don't work as a disabled veteran. Plus if I need something, everything is very close. I didn't even drive yesterday and I don't drive my car everyday. So I'm definitely keeping supply out there since I don't buy much gas.
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almostrice
Champion Author
Houston
Posts:7,626
Points:1,548,510
Joined:Sep 2003
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Message Posted:
12/4/2008 11:18:38 AM
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how old is this? I have not returned to my wasteful ways. High prices have made me find alternatives to save money. I do not plan on going back.
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pitchingcoach
Veteran Author
Michigan
Posts:460
Points:58,250
Joined:Aug 2008
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Message Posted:
12/4/2008 10:48:19 AM
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My fear is that most Americans are so into feeling good that short term memories will prevail, we will fall into old behavior patterns, forget what conserving has done, and we will see prices rise again.
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MajorSteve
All-Star Author
Oklahoma City
Posts:727
Points:283,140
Joined:Sep 2006
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Message Posted:
12/4/2008 10:37:17 AM
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Dropped again here today to 1.49! Will we have long term memories and keep conserving?
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jetsfan6
Champion Author
New Jersey
Posts:3,431
Points:659,205
Joined:Apr 2004
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Message Posted:
12/4/2008 10:18:15 AM
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Why was it ever at $147. Things haven't changed that much between July and now to warrant the significant difference in price.
Everyone, please do not lose focus on conserving just because the prices are low. If we don't conserve then the prices that we saw last july will pale in comparison to what we will see.
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chrsperr
Sophomore Author
Wyoming
Posts:122
Points:1,064,995
Joined:Jan 2005
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Message Posted:
12/4/2008 10:12:40 AM
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Oil prices need to continue to drop.
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EXTREMESNOW
Champion Author
Oregon
Posts:1,424
Points:356,135
Joined:Jul 2006
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Message Posted:
12/4/2008 10:10:33 AM
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Christmas will be time spent with family this year. Isn't that what it's about anyway!
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Bigamus
Sophomore Author
Kansas
Posts:207
Points:466,760
Joined:May 2007
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Message Posted:
12/4/2008 10:05:56 AM
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What Christmas, I've out of work since July 27th, due to the economy.
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ILANGE9
Sophomore Author
Illinois
Posts:170
Points:82,585
Joined:Sep 2008
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Message Posted:
12/4/2008 10:03:59 AM
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Conserve. We can't let the low prices lure us back to our old ways. Investment in new technologies will be cut back until prices go back up and make them profitable.
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TrixieMugsy
Champion Author
Colorado Springs
Posts:5,598
Points:1,074,545
Joined:Aug 2005
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Message Posted:
12/4/2008 10:03:49 AM
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Keep it low!
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joel27nc
Champion Author
Raleigh
Posts:2,285
Points:299,125
Joined:Mar 2008
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Message Posted:
12/4/2008 10:03:47 AM
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Conserve, conserve, conserve...PLEASE!
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joel27nc
Champion Author
Raleigh
Posts:2,285
Points:299,125
Joined:Mar 2008
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Message Posted:
12/4/2008 10:03:25 AM
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Great
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roadrunnerMO
All-Star Author
Kansas
Posts:546
Points:140,670
Joined:Jul 2008
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Message Posted:
12/4/2008 10:02:30 AM
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Conserve, conserve, conserve...
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hank1326
All-Star Author
Los Angeles
Posts:759
Points:173,255
Joined:Jun 2008
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Message Posted:
12/4/2008 10:00:21 AM
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Conserve more than ever now. Bike, walk, take public transportation, check our tire pressures and keep your vehicle properly maintained.
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SUPPER
Sophomore Author
San Bernardino
Posts:233
Points:506,715
Joined:Dec 2004
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Message Posted:
12/4/2008 9:59:34 AM
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good
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SeerLV
All-Star Author
Las Vegas
Posts:762
Points:174,640
Joined:Jun 2008
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Message Posted:
12/4/2008 9:58:09 AM
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Conserve and we win
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throttle
Champion Author
Maryland
Posts:4,825
Points:1,068,330
Joined:Jul 2004
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Message Posted:
12/4/2008 9:57:06 AM
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And demand is up....we never learn.
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jdbgn
Champion Author
Los Angeles
Posts:3,654
Points:595,100
Joined:Apr 2007
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Message Posted:
12/4/2008 9:56:52 AM
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Hope opec members are having nightmares.
[Edited by: jdbgn at 12/4/2008 9:57:11 AM EST]
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VTROCK
Sophomore Author
Detroit
Posts:181
Points:56,330
Joined:Sep 2008
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Message Posted:
12/4/2008 9:56:30 AM
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Even though the price of oil is down right now, we need to continue to pursue increased domestic development so we are in a position to produce that oil when the price comes up enough to make it profitable.
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dagas1
Veteran Author
Orange County
Posts:369
Points:114,270
Joined:Aug 2008
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Message Posted:
12/4/2008 9:56:23 AM
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It's nice to have gas money to spend on other things.
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jaysun420
Sophomore Author
Kansas City
Posts:188
Points:47,735
Joined:Oct 2008
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Message Posted:
12/4/2008 9:56:04 AM
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old news...
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10pennypincher
All-Star Author
St. Louis
Posts:532
Points:240,725
Joined:Jan 2007
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Message Posted:
12/4/2008 9:55:27 AM
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seeing oil at $45.88 pr bbl right now
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BartBuzz
Veteran Author
Atlanta
Posts:421
Points:213,160
Joined:Aug 2006
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Message Posted:
12/4/2008 9:54:35 AM
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I read this yesterday.
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timwil
Champion Author
Arkansas
Posts:2,585
Points:539,630
Joined:May 2007
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Message Posted:
12/4/2008 9:52:40 AM
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old news
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jjulson
All-Star Author
North Dakota
Posts:950
Points:337,350
Joined:Mar 2007
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Message Posted:
12/4/2008 9:51:55 AM
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Never thought I would see this price again.
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94Vol
Rookie Author
Nashville
Posts:54
Points:17,405
Joined:Nov 2008
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Message Posted:
12/4/2008 9:51:35 AM
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Hopefully we can keep it at this level for awhile so people can afford life.
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Chazzer
Champion Author
Nevada
Posts:8,315
Points:1,773,285
Joined:May 2002
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Message Posted:
12/4/2008 9:51:04 AM
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Keep on a droppin'!
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armstrmb
Champion Author
Houston
Posts:2,377
Points:523,620
Joined:Jun 2007
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Message Posted:
12/4/2008 9:50:48 AM
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While I am enjoying being able to pay down the credit card that I used when prices were driving toward $4, I feel sorry for the oilfield workers in Oklahoma and West Texas that are losing their jobs due to the low price of oil.
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Yonkers111
Champion Author
Scranton
Posts:3,378
Points:256,635
Joined:Apr 2007
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Message Posted:
12/4/2008 9:50:14 AM
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The price pendulum swings both ways.
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seville04
Veteran Author
Albuquerque
Posts:476
Points:588,700
Joined:Sep 2004
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Message Posted:
12/4/2008 9:49:56 AM
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and prices will continue to fall, along with the economy.
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eaglev
Champion Author
Oklahoma City
Posts:1,217
Points:377,775
Joined:Jul 2005
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Message Posted:
12/4/2008 9:47:51 AM
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It should stabalize in the $40 range
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Zinnoil
Champion Author
Illinois
Posts:13,540
Points:1,562,295
Joined:May 2004
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Message Posted:
12/4/2008 9:46:13 AM
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Needs to drop below $40.
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JPGKC
Champion Author
Tampa
Posts:3,396
Points:614,675
Joined:Sep 2006
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Message Posted:
12/4/2008 9:45:39 AM
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Here comes $40...
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Lukus
Veteran Author
Halifax
Posts:483
Points:111,485
Joined:Nov 2007
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Message Posted:
12/4/2008 9:45:23 AM
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Demand is down and the market is driving the price down. If the price were to go up then demand would fall even more.
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Dennis783
Champion Author
Wisconsin
Posts:5,828
Points:1,167,520
Joined:Sep 2005
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Message Posted:
12/4/2008 9:43:06 AM
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Watch out Opec
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TeachR06
Champion Author
Raleigh
Posts:1,219
Points:521,685
Joined:Sep 2006
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Message Posted:
12/4/2008 9:40:24 AM
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Oil is just another business that is suffering on hard times.
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Wizrd03
Sophomore Author
Illinois
Posts:231
Points:69,750
Joined:Oct 2008
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Message Posted:
12/4/2008 9:38:39 AM
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How low can it go?
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rmcknightmcp
Sophomore Author
Austin
Posts:101
Points:20,205
Joined:Mar 2008
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Message Posted:
12/4/2008 9:37:53 AM
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Keep going
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rockinrog
Champion Author
Ontario
Posts:1,063
Points:725,280
Joined:May 2006
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Message Posted:
12/4/2008 9:35:58 AM
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good
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Jamer
All-Star Author
Orange County
Posts:920
Points:126,830
Joined:Jul 2002
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Message Posted:
12/4/2008 9:35:13 AM
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Iran has next years budget set at $30 per barrel.
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FordF2502001
Veteran Author
Mississippi
Posts:257
Points:81,250
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Message Posted:
12/4/2008 9:32:20 AM
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prices are rising here, time to conserve b/f we are paying $4 again!
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Oldwolf
All-Star Author
Raleigh
Posts:618
Points:830,225
Joined:Dec 2004
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Message Posted:
12/4/2008 9:29:33 AM
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Keep Conserving...
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2907
Veteran Author
Kentucky
Posts:377
Points:457,000
Joined:Aug 2005
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Message Posted:
12/4/2008 9:29:23 AM
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Drop Baby Drop!!!!
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Palico
Sophomore Author
South Carolina
Posts:161
Points:53,870
Joined:May 2008
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Message Posted:
12/4/2008 9:28:33 AM
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" falling demand again took center stage"
Excellent!
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