... Pain at the Pump ...
- Oil prices fluctuate after hitting record above $106 ... Well, I'm not saying anything , that most everyone already knows about the cost of oil however... where does it end..? Now that, is something...
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And according to everyone it was a bad idea that won't affect gasoline prices except briefly. So why did the oil stocks take a dive today? Craziness all 'round.
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firebat wrote: jchinnis wrote: I have some trouble seeing how it can have a large sustained effect, but I'm not disputing it.It doesn't have a continuous effect but I would argue that it has a large...
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NEW YORK -- A summer road trip may not be such a bad idea after all. Gasoline prices are falling fast. In the past 7 weeks, the average U.S. retail prices has dropped 38 cents to $3.60 per gallon....
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Economists say falling prices will benefit consumers by leaving money in their wallets, and making them feel freer to spend on travel, shopping and dining.Don't forget that they will also feel freer...
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@Jim, That's exactly what happen in my part of the world...the last time gas went way up and then dropped..people went and bought the big,huge SUV's..
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Why Gas is so Expensiveat the Pump "There is no more debate. Excessive speculation is a major reason oil prices have risen so sharply," Sen. Bernie Sanders said, referring to U.S. Commodity Futures...
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According to my math we would pay 5,29 EUR per US Gallon (we have litres, around 1,40€ per litre, but it fluctuates it goes from 1,10 to 1,40) Don't have a car currently so I don't really pay...
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The entire US economy is driven by speculation. Prices of just about everything from stocks to houses and pork bellies are based on what speculators pay. Why is gasoline supposed to be "protected"...
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jchinnis wrote: The entire US economy is driven by speculation. Prices of just about everything from stocks to houses and pork bellies are based on what speculators pay. Why is gasoline supposed to be...
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There was rampant housing speculation a few years ago. It drove home prices sky-high. But the same speculation then caused home prices to drop below even normal levels. It's complicated, I'll grant....
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jchinnis wrote: There was rampant housing speculation a few years ago. It drove home prices sky-high. But the same speculation then caused home prices to drop below even normal levels. It's...
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Who do you think pays the salaries of the CFTC? They get their yearly budget from .... Congress. The President can request the amount he wants for the CFTC each year, but Congress makes the final...
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dreyno wrote:Who do you think pays the salaries of the CFTC? They get their yearly budget from .... Congress. The President can request the amount he wants for the CFTC each year, but Congress makes...
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I realize the sub-prime loan shenanigans were a huge part of the housing bubble. But I also know that real estate agents told potential buyers they were sure to make killings on their (overpriced)...
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No, I'm supposedly west of the path of the hurricane. We get earthquakes out here in the west...well, the western part of eastern northern Virginia.
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jchinnis wrote:No, I'm supposedly west of the path of the hurricane. We get earthquakes out here in the west...well, the western part of eastern northern Virginia.Glad to hear that! So, you must be on...
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jchinnis wrote: But I also know that real estate agents told potential buyers they were sure to make killings on their (overpriced) homes, and that many buyers bought as many homes as they could in...
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Gold is one of big things being traded right now, and speculators have priced it out of the hands of ordinary people who might like a few pounds to make trinkets. I realize that oil has a high value...
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It's similar to trading famous people's autographs. No real value at all, but as long as there is another suckperson to buy it, you're ok.
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Ten cheapest countries for fuel ---------------------------------- 10. Algeria: Algiers — 20p per litre Algeria is one of the Africa's biggest oil producers turning out an average of 1.2 million...
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