who can explain the drop in oil price

[jah_yout]

i can't figure out why it would fall so dramatically in such a short time...
not that i'm complaining but it makes me suspicious...is it really market forces at work or are there unseen forces here as well

[Shine_Eye_Girl]

Re: who can explain the drop in oil price

I don't even want to know why....just keep going down.

I paid $2.72 for premium

[julie*mango]

Re: who can explain the drop in oil price

I almost peed myself today....1.98!!!!!!!

[Shine_Eye_Girl]

Re: who can explain the drop in oil price

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Super_Skelly</div><div class="ubbcode-body">I almost peed myself today....1.98!!!!!!!


</div></div>


WHAT!!!!!!!!

[julie*mango]

Re: who can explain the drop in oil price

In Hartford...an dat was 87....premium 20 or 30 cents higher

[Pepper]

Re: who can explain the drop in oil price

Dem say is due to less demand.

I know I drive a whole lot less these days. Plus all dem people dat is unemployed...dem nah drive go work and job hunting is all electronic these days.

[nattydreadgirl]

Re: who can explain the drop in oil price

1.91 per gallon in my part of the world.

[Boricua_papi]

Re: who can explain the drop in oil price

supply and demand. Can drive my 550+ horsepower GTO everyday now. Laying waste to Porshes is fun again.

[julie*mango]

Re: who can explain the drop in oil price

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: B_P</div><div class="ubbcode-body">supply and demand. Can drive my 550+ horsepower GTO everyday now. </div></div>

[jah_yout]

Re: who can explain the drop in oil price

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Pepper</div><div class="ubbcode-body"><span style="font-weight: bold">Dem</span> say </div></div>

dem seh nuff tings

[Yuriatin]

Re: who can explain the drop in oil price

They're all such liars.

No way could it be because people have stopped driving THAT much!

But check it - here's my question ...

Had to take a flight on Spirit the other day.

Why are all these airlines <span style="font-style: italic">STILL</span> charging for checked bags when their fuel costs have been falling like crazy?

All such liars.

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Pepper</div><div class="ubbcode-body">Dem say is due to less demand.

I know I drive a whole lot less these days. Plus all dem people dat is unemployed...dem nah drive go work and job hunting is all electronic these days. </div></div>

[applepie]

Re: who can explain the drop in oil price

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: jah yout</div><div class="ubbcode-body">i can't figure out why it would fall so dramatically in such a short time...
not that i'm complaining but it makes me suspicious...is it really market forces at work or are there unseen forces here as well </div></div>

Glad that it is down........it feel so nice to know $25.00 can fill my tank but the question is how long this is going to last?

[RichD]

Re: who can explain the drop in oil price

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: jah yout</div><div class="ubbcode-body">i can't figure out why it would fall so dramatically in such a short time...
not that i'm complaining but it makes me suspicious...is it really market forces at work or are there unseen forces here as well </div></div> speculators were driving the market and they have now pulled back

[Dr.Dudd]

Re: who can explain the drop in oil price

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: jah yout</div><div class="ubbcode-body">i can't figure out why it would fall so dramatically in such a short time...
not that i'm complaining but it makes me suspicious...is it really market forces at work or are there unseen forces here as well </div></div>
It is called betting or speculating on the commodity trade centers, yes the price and value of all major commodities are decided on the basis, of return potential on investment in it topday..

Not the cost of the product,but whether investors will be able to sell it in the future for more than they buy it for on any giuven day.

[julie*mango]

Re: who can explain the drop in oil price

well gas gone down but a 20lb bag of carolina rice still costs 14 dollars