Article

2006-08-17 Home Front Economy

Oil deepens slide to near eight-week low

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Posted by Steve 2006-08-17 10:01|| || Front Page|| [1 views since 2007-05-07] Top

#1 Some expert I heard a few days ago said oil prices had been driven up by speculation, and would soon return to 'market' levels ... down $0.50 or $0.75 a gallon. Maybe even $1.00 a gallon lower.

It's a nice thought.

But where will we blame Bush? It must be his fault, whatever is bad in this article.

Posted by Bobby 2006-08-17 14:44|| 2006-08-17 14:44|| Front Page Top

#2 That's a given.
I hope the speculators are getting their asses kicked...

Posted by tu3031 2006-08-17 14:55|| 2006-08-17 14:55|| Front Page Top

#3 It's down in the Richmond (VA) area - I paid $2.73 last night, down from $2.78 last Friday. (Wa-Wa and Sheets; Exxon, Chevron, etc., are running anywhere from $2.89 to $2.95 - over $3 last week.)

It's probably still too much....

I too hope the speculators lose their shirts.

Posted by Barbara Skolaut">Barbara Skolaut 2006-08-17 17:29|| http://ariellestjohndesigns.com/page/15bk1/Home_Page.html]">[http://ariellestjohndesigns.com/page/15bk1/Home_Page.html] 2006-08-17 17:29|| Front Page Top

#4 I haven't paid less than $3 a gallon for almost all of the last year ($299.9 at a cheapo station you can hardly get near in Antioch a couple weeks ago).

I remember back in 1999 when I fueled up in Nevada at $1.04.9 a gallon then passed into California where I fueled up for $1.49.9 a gallon - AND THERE WASN'T EVEN A CRISIS THEN!

God I hate California most of the time...

Posted by FOTSGreg">FOTSGreg 2006-08-17 18:33|| www.fire-on-the-suns.com]">[www.fire-on-the-suns.com] 2006-08-17 18:33|| Front Page Top

#5 Uh, $2.99.9 a gallon, not $299.9 a gallon (though sometimes it feels like it)...

Posted by FOTSGreg">FOTSGreg 2006-08-17 18:34|| www.fire-on-the-suns.com]">[www.fire-on-the-suns.com] 2006-08-17 18:34|| Front Page Top

#6 El Cheapo stations (The only ones I shop at) are currently 2.76 down from 2.85 which has held for at least the last three months as the standard price.
Went down yesterday.

Posted by Redneck Jim 2006-08-17 19:35|| 2006-08-17 19:35|| Front Page Top

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