Blue48
Champion Author
Illinois
Posts:7,440
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Joined:Feb 2007
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Message Posted: May 6, 2010 10:44:39 PM
POSITIVE #S
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1fulltank
Champion Author
Buffalo
Posts:8,036
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Message Posted: May 6, 2010 4:15:24 AM
Yaaaawn...
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georgeo
Champion Author
California
Posts:4,172
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Message Posted: May 6, 2010 3:50:40 AM
Hey! Its summer time. Gasoline is supposed to go up because of all the additional vacation travel. Maybe the oil companies should wake up and discover that there is not all that much money left for vacations.
Tigerpaw46 makes an interesting point -- If regulation is necessary for electricity and heating fuels, why isn't regulations necessary for pricing of gasoline?
[Edited by: georgeo at 5/6/2010 3:54:16 AM EST]
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gass12
Champion Author
Omaha
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Message Posted: May 6, 2010 3:45:11 AM
Oil has droped almost $7.00 a barell the last 2 days why haven!t Gas prices droped.
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outlaw329
Champion Author
Austin
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Message Posted: May 6, 2010 3:32:56 AM
I am with you Saturn93!
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DellDude2
Champion Author
Nashville
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Message Posted: May 6, 2010 3:27:59 AM
Good one, Saturn93!
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findcheap
Champion Author
Los Angeles
Posts:9,732
Points:2,036,600
Joined:Apr 2007
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Message Posted: May 6, 2010 3:27:32 AM
really irrelevant
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UseLessGasFolks
Champion Author
Iowa
Posts:5,581
Points:1,322,575
Joined:Jul 2007
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Message Posted: May 6, 2010 3:01:24 AM
Time to fight back
Carpool
Ride a bike
Walk
Use public transport
FIGHT THE POWER!!!!!!
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Saturn93
Champion Author
Salt Lake City
Posts:7,292
Points:1,640,885
Joined:Oct 2006
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Message Posted: May 6, 2010 2:58:18 AM
Just another government report full of words and statistics, and signifying NOTHING.
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MDTDriver
Champion Author
California
Posts:9,848
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Message Posted: May 6, 2010 2:58:14 AM
This time a year price go up no matter what
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Long_gone
Champion Author
Chicago
Posts:2,653
Points:461,445
Joined:Jan 2010
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Message Posted: May 6, 2010 2:55:09 AM
Supplies go down, prices go up. Supplies go up, prices go up. The economics of the oil industry in the hands of speculators.
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DJRIO
Champion Author
Miami
Posts:8,181
Points:1,452,310
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Message Posted: May 6, 2010 2:46:40 AM
it is delay of oil future for the following month. but it will go down though.it has gone down more than 7 dollars since beginning of this month.
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la90042
Champion Author
Los Angeles
Posts:2,402
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Message Posted: May 6, 2010 2:45:09 AM
typical - supplies up and price too....
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genef01
Champion Author
Nashville
Posts:2,611
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Message Posted: May 6, 2010 2:43:12 AM
They've still got us coming and going.
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AKTigger99645
Champion Author
Anchorage
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Message Posted: May 6, 2010 2:40:19 AM
If inventory is up, why isn't fuel price going down? Because of market speculation.
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TIGERPAW46
Champion Author
Florida
Posts:7,236
Points:1,378,645
Joined:Mar 2004
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Message Posted: May 6, 2010 2:40:13 AM
As usual the oil supplies stored & the Gas supplies stored both increased for the month, but gas prices rose anyway. Why, just maybe it's all the SPECULATORS again. Why is it the Government wants to control everything in our lives except the things that they should be watching; like Safety & energy prices. Why do they regulate most electric companies in the US, who have to get approval to raise rates, but don't regulate fuel. What's the difference in someone heating & cooling their home or business with elect. & using natural gas etc.
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EcoVore
Champion Author
Los Angeles
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Message Posted: May 6, 2010 2:35:59 AM
So true Nurdco.
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nurdco
Champion Author
Colorado Springs
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Message Posted: May 6, 2010 2:33:23 AM
Having High OIL inventory DOES Not make fuel prices go down because the FUEL producer IGNORES the LAW of Supply and DEMAND... UP THE fuel price NO MATTER what... WHEN it SHOULD go down
It is CALLED ... Price CONTROL. Or MONopoly
And NOT the board game
[Edited by: nurdco at 5/6/2010 2:36:34 AM EST]
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250FORD
Champion Author
Minnesota
Posts:8,332
Points:1,305,970
Joined:Feb 2007
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Message Posted: May 6, 2010 2:24:48 AM
Lots of increases, for once it got prices to go down, whats up with that?
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Bleeder
Champion Author
Virginia
Posts:8,038
Points:1,717,725
Joined:Jan 2008
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Message Posted: May 6, 2010 2:22:35 AM
So if the supply and demand theory is to hold true, shouldn't we see prices dropping by now? What's the problem here? Does supply and demand economics work for everything except oil/gasoline?
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Pozole
Champion Author
Portland
Posts:9,760
Points:1,621,245
Joined:Mar 2005
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Message Posted: May 6, 2010 2:20:49 AM
...oil went down again and our pocketbooks continue to get raped by Pig Oil...
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bobdec
Champion Author
Miami
Posts:9,099
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Joined:May 2008
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Message Posted: May 6, 2010 2:18:48 AM
Prices went up again today here
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speedys
Champion Author
Utah
Posts:7,148
Points:2,585,480
Joined:Nov 2005
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Message Posted: May 6, 2010 2:18:45 AM
Inventories are up and demand down but prices raising.
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HA4CNN
Champion Author
Toronto
Posts:5,760
Points:1,570,215
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Message Posted: May 6, 2010 2:14:08 AM
Pump prices have dropped in Toronto for the second day in a row down $.22 a gallon.
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BobD2009
Champion Author
Long Island
Posts:7,124
Points:1,266,510
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Message Posted: May 6, 2010 2:03:47 AM
If inventories are why are pump prices up also?
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007HS
Champion Author
California
Posts:6,959
Points:1,852,385
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Message Posted: May 6, 2010 2:03:38 AM
RENEGADEGAS, that is right on. But I think crude will go up a lot from the well head blowout and there will be a real nix on any new offshore drilling despite what the Guminit says substantiated by the platform problem, The first in 30 years I believe. What about the 11 days it took the feds to respond?
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mazdaboy
Champion Author
Portland
Posts:8,024
Points:2,124,980
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Message Posted: May 6, 2010 2:01:55 AM
We are suckers to the oil industry.
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AtascaderoHound
All-Star Author
California
Posts:558
Points:588,935
Joined:Oct 2006
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Message Posted: May 6, 2010 1:48:16 AM
The price is going up because we are still using oil stupid!
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Jeff4U
Champion Author
Atlanta
Posts:8,890
Points:1,878,955
Joined:Nov 2004
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Message Posted: May 6, 2010 1:41:37 AM
What the hell's going on? Crude has fell by nearly $7 per barrel over the last few days yet gasoline has went up or stayed pat, but hasn't been a penny lower.
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thunderstruck
All-Star Author
Chicago
Posts:734
Points:754,970
Joined:Apr 2005
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Message Posted: May 6, 2010 1:39:19 AM
Then why did the price go up on the corner by my house from 3.19 to 3.27?
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greenfog
Champion Author
Illinois
Posts:6,625
Points:1,665,745
Joined:Feb 2008
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Message Posted: May 6, 2010 1:31:23 AM
when are those fools going to realize that when you jack prices up people quit driving thus inventories go up. i don't know what kind of lame brains they have controlling the market, but if they want profits then they had better lay off the price increasing for a few years till this country gets going again.
[Edited by: greenfog at 5/6/2010 1:32:17 AM EST]
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craigsf38
Champion Author
Rochester
Posts:5,848
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Message Posted: May 6, 2010 1:30:26 AM
it dont mean a thing ....
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arinkrat17
Champion Author
Twin Cities
Posts:6,420
Points:1,357,975
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Message Posted: May 6, 2010 1:30:15 AM
so why did gas go up a few days ago to almost 3/gal
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TPlayer
All-Star Author
Fort Wayne
Posts:578
Points:153,725
Joined:Jan 2010
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Message Posted: May 6, 2010 1:29:17 AM
Did they include all the crude floating in the gulf as part of the inventory...
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grouch311
Champion Author
Peoria
Posts:6,386
Points:1,596,990
Joined:Jun 2007
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Message Posted: May 6, 2010 1:27:56 AM
should have an open season on speculators. no permit or bag limit required
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RENEGADEGAS
Champion Author
Missouri
Posts:15,064
Points:1,617,850
Joined:Jul 2008
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Message Posted: May 6, 2010 1:26:42 AM
Its just a matter of time before we hit the magic number. The one that will meet hussiens approval. He wants gas between $3.50 and $4.00 a gallon regardless the price of oil or supply and demand. These things are no longer a factor in deciding the pump price. He told everyone during the election several times and since the election at least twice that I have heard. Once the price gets to that point they will lock it. This is all in an effort to "encourage", more like force Americans to buy and drive cars the administration deems suitable. Your freedoms of choice are slowly being taken away. They hope you wont notice till its to late to turn back. COME ON NOVEMBER!!!
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AuburnTim
Champion Author
Indiana
Posts:6,828
Points:1,559,190
Joined:May 2005
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Message Posted: May 6, 2010 1:25:07 AM
Yet pump prices continue to rise.. while we are doing health care and banking reform why not just add big oil reform as well And corrections pump prices are set by speculators and whatever reason big oil can dream up on any given day.
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Vette1967
Champion Author
Albany
Posts:6,102
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Message Posted: May 6, 2010 1:18:06 AM
We're waiting for lower prices.
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REVLAW
Champion Author
San Antonio
Posts:10,571
Points:2,033,220
Joined:Jul 2007
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Message Posted: May 6, 2010 1:17:30 AM
Okay ... so, pump prices are justified at a higher level.
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rxman1
Champion Author
Toledo
Posts:9,684
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Message Posted: May 6, 2010 1:17:24 AM
Keep the heat on...keep demand down.
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computernut2008
Champion Author
Ohio
Posts:6,709
Points:1,376,340
Joined:Oct 2008
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Message Posted: May 6, 2010 1:14:09 AM
Let's see the price DOWN
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granitestater
Champion Author
New Hampshire
Posts:8,975
Points:1,457,475
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Message Posted: May 6, 2010 1:08:54 AM
How many of you haters out there are cum laude graduates from Patrice Lumumba University??
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granitestater
Champion Author
New Hampshire
Posts:8,975
Points:1,457,475
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Message Posted: May 6, 2010 1:06:47 AM
DOE--stands for Department of Miseducation--doh!...
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granitestater
Champion Author
New Hampshire
Posts:8,975
Points:1,457,475
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Message Posted: May 6, 2010 1:05:16 AM
eye gotta stop reading these postings. there are far too many idjits and commies hanging out in these here parts...See here...
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benjy
Champion Author
Chicago
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Message Posted: May 6, 2010 1:03:11 AM
don't mean a thing...
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RENEGADEGAS
Champion Author
Missouri
Posts:15,064
Points:1,617,850
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Message Posted: May 6, 2010 1:02:17 AM
Isnt DOE! what Homer Simpson says when he has done something stupid? Yea...thats what I thought.
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granitestater
Champion Author
New Hampshire
Posts:8,975
Points:1,457,475
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Message Posted: May 6, 2010 1:02:07 AM
There are far too many communists writing the schools curriculua these days. Any kindergarten dropout knows price is determined by cost of product and not by wishful thinking...
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granitestater
Champion Author
New Hampshire
Posts:8,975
Points:1,457,475
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Message Posted: May 6, 2010 12:57:51 AM
what fools these mortals be...
price is determined by the cost to bring the product to market. See here. Not by supply. there could be a trillion trillion barrels of oil on Mars. but what would it cost to bring it to Earth?
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super77ta
Rookie Author
Indiana
Posts:53
Points:81,250
Joined:Jul 2009
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Message Posted: May 6, 2010 12:56:28 AM
I agree, supply & demand have nothing to do with the price at the pump. Greed runs the entire system.
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Gas_Buzzer
Champion Author
South Carolina
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Message Posted: May 6, 2010 12:46:08 AM
I shot a doe last deer season.
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