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Author Topic: Oil Tumbles as IEA Announces Release of 60 Million Barrels  (Read 15092 times)
ricky023
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« on: June 23, 2011, 02:27:06 PM »
Click here for link

Why could this not have been done sooner? This should drop our at pump prices I would think. RTR!
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John 15:5
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BAMAWV
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« Reply #1 on: June 27, 2011, 03:59:17 AM »
The price of crude was already dropping prior to this move. This administration tries to take credit for anything positive that may occur, while blaming or deflecting the avalanche of bad news on GWB.
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ricky023
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« Reply #2 on: June 27, 2011, 09:28:58 AM »
I agree, G W Bush must have broad shoulders, he sure gets a pile of lies dumped on him. RTR!
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pmull
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« Reply #3 on: June 27, 2011, 09:38:41 AM »
On a postive note gas prices are dropping. I paid $3.28 yesterday.
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ricky023
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« Reply #4 on: June 27, 2011, 10:13:43 AM »
It was 3.49 in Heflin yesterday. So I hope to see 2.98 before long. Just a wish I guess. RTR!
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pmull
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« Reply #5 on: June 27, 2011, 10:35:12 AM »
Quote from: ricky023 on June 27, 2011, 10:13:43 AM
It was 3.49 in Heflin yesterday. So I hope to see 2.98 before long. Just a wish I guess. RTR!

The $3.28 was at Murphy's (Walmart). The brand names are always a little higher.
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cbbama99
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« Reply #6 on: June 27, 2011, 06:43:54 PM »
Saw it at 3.31 at a Circle K in Mobile. Good stuff, but I am still a little on edge about the economy as a whole.
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ricky023
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« Reply #7 on: June 27, 2011, 07:18:21 PM »
Hey cb I think it will go back up again soon. RTR!
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« Reply #8 on: June 28, 2011, 09:37:44 AM »
I passed an independant station on my way to work this morning that has it $3.26/gal.
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BAMAWV
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« Reply #9 on: June 29, 2011, 07:42:48 PM »
Quote from: ricky023 on June 27, 2011, 10:13:43 AM
It was 3.49 in Heflin yesterday. So I hope to see 2.98 before long. Just a wish I guess. RTR!
$2.98? Hell, we are giving the stuff away now! Angry
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« Reply #10 on: June 30, 2011, 01:50:27 PM »
There is really no reason that gas should be any higher than $1.50-$2.00 per gallon.
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ricky023
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« Reply #11 on: June 30, 2011, 01:52:24 PM »
Quote from: 2Stater on June 30, 2011, 01:50:27 PM
There is really no reason that gas should be any higher than $1.50-$2.00 per gallon.

This is the most sensible thing I read all day. RTR!
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John 15:5
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pmull
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« Reply #12 on: June 30, 2011, 02:05:57 PM »
Our economy is in the dumps and the most profitable businesses in the US are oil company's. I am all for free enterprise but I think gas prices should be regulated.
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BAMAWV
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« Reply #13 on: June 30, 2011, 02:09:31 PM »
Quote from: pmull on June 30, 2011, 02:05:57 PM
Our economy is in the dumps and the most profitable businesses in the US are oil company's. I am all for free enterprise but I think gas prices should be regulated.
You might want to think that one over and get back to us.
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« Reply #14 on: July 02, 2011, 04:24:12 AM »
Quote from: pmull on June 27, 2011, 09:38:41 AM
On a postive note gas prices are dropping. I paid $3.28 yesterday.
Oil prices rose this week. The 1/30th of a days consumption did not work to overcome the marked increase in demand brought on by the Independence Day increase in driving. OOPS. BTW, that amt. of oil dumped on the market will be used up by the time most of you get out of bed this morning. These people cannot implement anything. They live in a fantasy world of academic theory and hypotheticals.
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