U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 06-12-2009, 01:08 PM
 
Location: Texas
14,969 posts, read 14,173,058 times
Reputation: 4555

Advertisements

Falling dollar helps push oil prices to 8-month high | Nation | Star-Telegram.com (http://www.star-telegram.com/238/story/1429269.html - broken link)
Quote:
NEW YORK Oil prices hit an eight-month high as the dollar fell and a series of reports suggested that consumers and businesses may be more willing and able to spend money on energy.

Benchmark crude for July delivery rose $1.35 a barrel to settle at $72.68 on the New York Mercantile Exchange. Prices hit $73.23 at one point after the federal government announced a drop in first-time jobless claims last week and another report said retail sales grew in May for the first time in three months, in part because of spiking gasoline prices.

Gas prices are following crude upward, even though most energy experts can find no solid basis for either.
Reply With Quote Quick reply to this message

 
Old 06-12-2009, 01:11 PM
 
Location: I currently exist only in a state of mind. one too complex for geographic location.
4,175 posts, read 5,193,276 times
Reputation: 668
I wonder why barry and his oil buddies are feeling the need to raise oil prices. probably to line their pockets.
Reply With Quote Quick reply to this message
 
Old 06-12-2009, 01:16 PM
 
6,899 posts, read 6,563,326 times
Reputation: 2014
Quote:
Originally Posted by thefinalsay View Post
I wonder why barry and his oil buddies are feeling the need to raise oil prices. probably to line their pockets.

did you feel the same way last year when we were paying $4 at the pump?
Reply With Quote Quick reply to this message
 
Old 06-12-2009, 01:27 PM
 
Location: I currently exist only in a state of mind. one too complex for geographic location.
4,175 posts, read 5,193,276 times
Reputation: 668
Quote:
Originally Posted by blackandproud View Post
did you feel the same way last year when we were paying $4 at the pump?

there was extreme sarcasm in that post blackandproud. people blamed bush for oil prices, so I blamed obama. the reality is this. the dollar is weak, and when bidding on barrels of oil in a global market, prices will be high. but to answer your question, I didn't mind $4 a gallon gas. we aren't entitled to cheap oil. we are an incredibly wasteful society. when I say I am conservative, I am truly conservative. I walk and ride my bike as much as possible.
Reply With Quote Quick reply to this message
 
Old 06-12-2009, 01:27 PM
 
Location: warrenton,va
45 posts, read 28,885 times
Reputation: 61
Reply With Quote Quick reply to this message
 
Old 06-12-2009, 01:31 PM
 
23,851 posts, read 19,794,466 times
Reputation: 9381
The CBO recently released a report saying the Cap and Trade legislation will add .77 cents to the cost of every gallon of fuel at the pump almost immediately after legislation is passed. Why? Refiners are expected to pass the increased costs directly to consumers.

Thanks Obama.
Reply With Quote Quick reply to this message
 
Old 06-12-2009, 03:56 PM
 
6,899 posts, read 6,563,326 times
Reputation: 2014
Quote:
Originally Posted by thefinalsay View Post
there was extreme sarcasm in that post blackandproud. people blamed bush for oil prices, so I blamed obama. the reality is this. the dollar is weak, and when bidding on barrels of oil in a global market, prices will be high. but to answer your question, I didn't mind $4 a gallon gas. we aren't entitled to cheap oil. we are an incredibly wasteful society. when I say I am conservative, I am truly conservative. I walk and ride my bike as much as possible.

I don't believe Bush was to blame for the prices increasing, however he did nothing at all to stave off the impact to the american people....If this is a pattern that Obama will keep, then definately the democrats will have a hard way to go in 2010. Interest rates are beginning to go back up..why, because the jackazzes are printing money. The housing market has to continue to move forward, throughing the interest rates back into a neverending tailspin will not do it.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top