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Author Topic: Will we see $120/bbl OIL on Monday?  (Read 1167 times)

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Offline Freeper

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Will we see $120/bbl OIL on Monday?
« on: March 19, 2011, 09:03:49 PM »
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GSLevel9  (1000+ posts) Click to send private message to this author  Click to view this author's profile  Click to add this author to your buddy list  Click to add this author to your Ignore list      Sat Mar-19-11 08:33 PM
Original message
Will we see $120/bbl OIL on Monday?
   
Which means gas stations will immediately jack prices up 10-12 cents in one day. Which would mean $4.30 per gallon where I'm at.

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x693155

Yet it's crazy to suggest we drill more here at home.

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PearliePoo2  Donating Member  (1000+ posts) Click to send private message to this author  Click to view this author's profile  Click to add this author to your buddy list  Click to add this author to your Ignore list      Sat Mar-19-11 08:36 PM
Response to Original message
4. If it's $120 a bbl on Monday, then it will be $5 + at my pump.
   
Bastards. How I hate them....

Most of that $5 goes to your local govt. I'm guessing you must live in CA.

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taterguy  Donating Member  (1000+ posts)  Journal  Click to send private message to this author  Click to view this author's profile  Click to add this author to your buddy list  Click to add this author to your Ignore list      Sat Mar-19-11 08:42 PM
Response to Reply #4
5. You don't hate them. You love them.
   
They provide a product that you're apparently very eager to consume.

Well he could run his car on unicorn droppings and skittles I suppose.

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Offline NHSparky

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Re: Will we see $120/bbl OIL on Monday?
« Reply #1 on: March 19, 2011, 09:35:24 PM »
Yeah, not ****in likely.  DUmmies once again showing their ignorance of the markets.  The damage, such as it was, had been done weeks ago.
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Offline true_blood

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Re: Will we see $120/bbl OIL on Monday?
« Reply #2 on: March 20, 2011, 12:21:27 PM »
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GSLevel9  (1000+ posts)     Sat Mar-19-11 08:33 PM
Original message
Will we see $120/bbl OIL on Monday? Which means gas stations will immediately jack prices up 10-12 cents in one day. Which would mean $4.30 per gallon where I'm at.
Yup. Good thing dumbo big ears put the moratorium on the American drillers in the Gulf, huh DUmmie?
What good has that imposter in the white mosque done for America again?!?! Oh that's right. He hasn't.
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Offline NHSparky

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Re: Will we see $120/bbl OIL on Monday?
« Reply #3 on: March 21, 2011, 12:12:55 PM »
Figured I'd just bump this one for shits and giggles:



$120/bbl?  Yeah, not so much.
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Offline jukin

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Re: Will we see $120/bbl OIL on Monday?
« Reply #4 on: March 21, 2011, 12:20:57 PM »
My dog has keener insight into the world of economics than all of the DUmbats put together.
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Offline Randy

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Re: Will we see $120/bbl OIL on Monday?
« Reply #5 on: March 21, 2011, 04:42:04 PM »
Quote from: jukin on March 21, 2011, 12:20:57 PM
My dog has keener insight into the world of economics than all of the DUmbats put together.

I have toenail funk that has a better grasp of economics than DUmmies.
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Offline BlueStateSaint

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Re: Will we see $120/bbl OIL on Monday?
« Reply #6 on: March 22, 2011, 04:13:33 AM »
Quote from: jukin on March 21, 2011, 12:20:57 PM
My dog has keener insight into the world of economics than all of the DUmbats put together.

Jukin, your dog shits things that have a keener insight into the world of economics than all of the DUmb****s have, combined.
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Offline AllosaursRus

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Re: Will we see $120/bbl OIL on Monday?
« Reply #7 on: March 22, 2011, 01:30:30 PM »
WTF?

My gas is $3.55! Maybe you assholes oughta ask yer local gubmints how much in taxes they're rapin' y'all for!

Sounds like y'all could use a little Vaseline! But oh no, y'all just keep takin' it in the shorts, don't ya?

And us Red Necks are the DUmb one's!
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Offline Rebel

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Re: Will we see $120/bbl OIL on Monday?
« Reply #8 on: March 22, 2011, 02:06:18 PM »
 :yawn:
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Offline thundley4

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Re: Will we see $120/bbl OIL on Monday?
« Reply #9 on: March 22, 2011, 03:57:23 PM »
Still $3.45 and $3.55 here. No change for the last week.
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Offline DefiantSix

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Re: Will we see $120/bbl OIL on Monday?
« Reply #10 on: March 22, 2011, 04:22:09 PM »
Quote from: thundley4 on March 22, 2011, 03:57:23 PM
Still $3.45 and $3.55 here. No change for the last week.

Two weeks ago, I paid $3.29 to fill up.  Today it was $3.25.
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Offline DLR Pyro

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Re: Will we see $120/bbl OIL on Monday?
« Reply #11 on: March 22, 2011, 04:46:47 PM »
Quote from: Freeper on March 19, 2011, 09:03:49 PM
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x693155


Most of that $5 goes to your local govt. I'm guessing you must live in CA.

I'll hone that in a bit and say they live in the SF bay area of CA.
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Offline Lacarnut

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Re: Will we see $120/bbl OIL on Monday?
« Reply #12 on: March 22, 2011, 04:56:43 PM »
The first permit in the Gulf of M. was let out to BP (the f....g co that caused the spill with shortcuts). Dumbo allowed 3 more recently. Those companies must have donated to his campaign. 12 more are being held up. Those rigs cost a million bucks a day for rental fees. I assume it will be a while before they are operational cause they have move to Latin America.   
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Offline SSG Snuggle Bunny

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Re: Will we see $120/bbl OIL on Monday?
« Reply #13 on: March 22, 2011, 05:01:37 PM »
DUmbasses, repeat after me:

If demand is high but supply is low, prices move higher

If demand is high and supply is high, prices move lower
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Offline true_blood

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Re: Will we see $120/bbl OIL on Monday?
« Reply #14 on: March 22, 2011, 08:07:59 PM »
Quote from: Lacarnut on March 22, 2011, 04:56:43 PM
The first permit in the Gulf of M. was let out to BP (the f....g co that caused the spill with shortcuts). Dumbo allowed 3 more recently. Those companies must have donated to his campaign. 12 more are being held up. Those rigs cost a million bucks a day for rental fees. I assume it will be a while before they are operational cause they have move to Latin America. 
Correct. Those platforms cost big bucks even sitting idle.
And how is this good for America again primitives?!?
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Offline AllosaursRus

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Re: Will we see $120/bbl OIL on Monday?
« Reply #15 on: March 22, 2011, 11:25:21 PM »
Quote from: Lacarnut on March 22, 2011, 04:56:43 PM
The first permit in the Gulf of M. was let out to BP (the f....g co that caused the spill with shortcuts). Dumbo allowed 3 more recently. Those companies must have donated to his campaign. 12 more are being held up. Those rigs cost a million bucks a day for rental fees. I assume it will be a while before they are operational cause they have move to Latin America.   

I read 6 of the deep water rigs left for Brazil! Tell me O'bummer ain't suckin' Soros' dick!
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Offline Lacarnut

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Re: Will we see $120/bbl OIL on Monday?
« Reply #16 on: March 23, 2011, 10:28:36 AM »
Quote from: AllosaursRus on March 22, 2011, 11:25:21 PM
I read 6 of the deep water rigs left for Brazil! Tell me O'bummer ain't suckin' Soros' dick!

He rewards his friends and punishes anyone that donates to the Repubs. Obama is nothing but a two bit Chicago gangster who rules by corruption and intimidation.

Oil is going higher than $120 cause Japan will need much more since the nuke plants are dead. The Env. nuts around the world will be hell bent on stopping new construction and shutting down existing plants. Unless we get on the stick and start promoting natural gas, we will be in a world of hurt. Green energy is a joke. 10 years from now it might produce 10% of our energy needs. 
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