OIL taking a beating
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Thread created 05-05-2011 by Spartanicus
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The euro fell against the dollar on Thursday, after the European Central Bank’s (ECB) President Trichet comments showed less hawkish tone than the markets had expected.
Wondering why your stocks...
OIL taking a beating
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Thread created 05-05-2011 by Spartanicus
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Wow so that means the price at the pump will drop tomorrow, right?
Nope. Yes I do realize there's a lag, but gas prices seem to shoot up faster than they fall, even if oil falls faster than it...
OIL taking a beating
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Thread created 05-05-2011 by Spartanicus
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that's right it will take a while. What I want is to live near C. Chocula ... $3.57 would be a bargain here.
OIL taking a beating
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Thread created 05-05-2011 by Spartanicus
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Haha.. Yeah I'm paying $4.00 in Pittsburgh.. Very interesting news - thanks for sharing!
OIL taking a beating
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Thread created 05-05-2011 by Spartanicus
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Along with head fakes from at least the Mpls Fed today as well as the other minions in the coming weeks and months.
Y'all understand this how they can justify QE-infinity and the annihilation of...
OIL taking a beating
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Thread created 05-05-2011 by Spartanicus
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Greed explains it rather nicely. "War in middle east country" = Gas prices go up immediately. Deep Water Horizon sinks = gas goes up immediately.
OIL taking a beating
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Thread created 05-05-2011 by Spartanicus
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Plagiarism..............http://www.ibtimes.com/articles/141701/20110505/eur-usd-trichet-the-european-central-bank-ecb-initial-jobless-claims.htm
OIL taking a beating
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Thread created 05-05-2011 by Spartanicus
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L. Sweet crude finished @ $98.50 as of 4:40PM ... nice sentiment as far as stickin it to the man. But don't expect the stock market to welcome every USD increase with a surge in stock prices, this...
OIL taking a beating
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Thread created 05-05-2011 by Spartanicus
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$4.30/gal right here. And I'm happy to see oil taking a beating. There is no friggin reason for this last run up except the "fear factor".
And seriously, the rich get richer while the poor get...
OIL taking a beating
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Thread created 05-05-2011 by Spartanicus
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Pretty simple really. You use whatever method benefits you most as a business at that time. LIFO/FIFO really only becomes important when doing your taxes imo :)
OIL taking a beating
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Thread created 05-05-2011 by Spartanicus
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I wish... 4.59 is the cheapest in my neck of the woods, and we don't get a drop of oil from the Middle East or Libya...
OIL taking a beating
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Thread created 05-05-2011 by Spartanicus
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Good entry point for long-term investors (3-5 yr timeframe IMO). Oil was definitely bubbled up before because of the middle east situation. I think as summer time demand picks up, we may start to...
OIL taking a beating
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Thread created 05-05-2011 by Spartanicus
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I was told by the government that inflation is very low.
Beats me. But I do remember being told a mere few years ago that the reason gas was so high was because there were two oil men in the...
OIL taking a beating
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Thread created 05-05-2011 by Spartanicus
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That mean European entities are more competitive in price.
But you got to look at the quotient of risk here: a legion of Old World order versus one mono economy whose trades seemed to decrease...
OIL taking a beating
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Thread created 05-05-2011 by Spartanicus
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Evil speculators speculating. Damn dirty evil speculators.
What was the name of the Freudian defense mechanism for blaming someone/everyone else for the problems which you create, again?
OIL taking a beating
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Thread created 05-05-2011 by Spartanicus
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no shit.
The cheapest gas around here right now is in RI ~ $4.05 a gallon.
OIL taking a beating
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Thread created 05-05-2011 by Spartanicus
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good, this $3.57/gal is ridiculous