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coyote 
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Joined: April 25 2007 Location: United States Status: Offline Points: 8395 |
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 Posted: July 09 2008 at 3:31am |
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Crude oil prices have risen on news that Iran successfully test-fired long and medium-range missiles.
In London, Brent crude rose by over a dollar to $137.45 a barrel, while US light, sweet crude rose by 92 cents to $136.92 a barrel. The US dollar also dipped after the tests fuelled worries about geopolitical tensions. Iran's state media reported that nine missiles were tested, including one Tehran has said could reach Israel. Crude prices are still below the record price of almost $147 a barrel set in London last week. news.bbc.co.uk... |
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Posted: July 09 2008 at 11:37am |
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This is just temporary it price will keep going up. T Boone Pickens is right when he said that the Arabs said they would pump 200,000 more barrels a day tells him they can't pump more.
Let us face it folks some day we will be out of oil. T Boone says we need to go to natural gas which America has lots of and wind power. I know we have lots of wind out west and on the coasts. T Boone is putting his money into both of these. This man does not need more money he is really trying to give us a solution. We should listen! |
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Posted: July 09 2008 at 2:12pm |
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Penham
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Posted: July 09 2008 at 3:57pm |
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The government is going to have to get serious with some tax credits for consumers if they want us to turn to alternative energy. I would LOVE to go the alternative energy route solar/wind power and we live in the perfect place, BUT it would cost us about $10,000 to convert our house over and the government would give us a whole $2000 tax credit (only through the end of this year by the way after that there isn't any unless they come up with something else). We cannot afford to make the switch and we are better off finacially that alot of others, so I know there are many others that couldn't afford it either. We currently heat with natural gas, which has continually gone higher every year, I cringe at the thought of what the price will be this fall. Our central heat/AC unit went out last night the repair guy can't come to look at it until Monday, the unit is about 30 year old, so I am thinking it is gone (of course I have thought that each year for the past 9 years when we have had to have it serviced every year). If it has to be replaced, I will seriously research my options at this point. We have a large window unit that cools half the house comfortably and will buy another small one and it doesn't get cold enough for heat until about November, so I have some time to decide.
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Posted: July 09 2008 at 7:25pm |
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I would put in Solar and wind also but like you Penham it is not cost effective. Too long a payout and by the time you pay it off it will need to be replaced.
No one can go to solar or wind unless like you say the Government gives us better incentives! We are lucky replaced our 30 yr old heat unit 5 years ago glad we did it! I also put in a wood insert and it saved us last year and it will save us even more this year! |
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Penham
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Posted: July 20 2008 at 11:34am |
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Gas here went up to $3.95 a gallon, but today I went to fill up and it was down to $3.89 a gallon. I was shocked to see it had gone down a few cents from yesterday.
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Posted: July 20 2008 at 12:30pm |
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Denver Burbs: 3.99 and if you are lucky with King Soopers discount 3.89
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DANNYKELLEY
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Posted: July 20 2008 at 12:51pm |
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indiana $4.11
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WHAT TO DO????
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coyote
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Posted: July 22 2008 at 4:26am |
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Oil jumps $2 on Iran, storm
Crude prices bounce back from $16 slide as Iran nuclear talks end without agreement and traders fear tropical storm in Gulf of Mexico. |
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Penham
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Posted: July 22 2008 at 6:02am |
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Down again here in OK to $3.84 a gallon.
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Penham
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Posted: July 27 2008 at 8:32pm |
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Down to $3.79 yesterday, down to $3.56 today.
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Penham
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Posted: August 08 2008 at 7:21am |
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The barrels of oil are continuing to drop in price, but the price at the pumps are no longer dropping. When the price of oil was rising, the price at the pumps were rising within 24 hours, seems as though it would be the same going down, but it's not. We have been stick at the same price at the pumps for about 2 weeks as the price of oil continues to drop.
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Albert
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Posted: August 08 2008 at 7:50am |
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Once the price of gas dropped down to $4.20 in California, I bought a Hummer. I wanted to get the best possible deal so I had to wait until SUV dealers were desperate enough. Of course the first place I went was over to GM. If you buy an SUV or a house, you need to buy on the dip. The final housing plunge will probably take place in 6- 12 months.
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Posted: August 08 2008 at 1:26pm |
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$3.65 Tyler, Texas
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Aady
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Posted: August 08 2008 at 11:27pm |
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Posted: August 09 2008 at 6:16pm |
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Just filled up today 3.80 in Denver metro burbs.
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H2HPrep
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Posted: August 09 2008 at 7:27pm |
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"Georgian conflict could affect oil prices in the West.
The dispute in Gorgia could have global repercussions,
particularly on oil prices.
What has set international alarm bells ringing, is the
Baku-Tbilisi-Ceyhan Pipeline, which pumps oil from the Caspian.
It runs close to the Georgian Capital, then into Southern Turkey,
where it is shipped onto Europe and the West."
Whole story:
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MelodyAtHome
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Posted: August 10 2008 at 8:17pm |
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Down to $3.55 today in northeast Ohio.
Melody
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Melody
Emergency Preparedness 911 http://emergencypreparedness911.blogspot.com/ |
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coyote
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Posted: August 11 2008 at 3:34am |
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The Pipeline War: Russian bear goes for West's jugular
By Svetlana Skarbo and Jonathan Petre Last updated at 1:00 PM on 10th August 2008 * commentsComments (81) * Add to My Stories Add to My Stories The war in Georgia escalated dangerously last night after Russian jets reportedly bombed a vital pipeline that supplies oil to the West. After a day of heightening international tensions, Georgian leaders claimed that the Baku-Tbilisi-Ceyhan pipeline, which transports oil from the Caspian Sea to Turkey, had been attacked. But it is thought the bombs missed their target. Their claims came after Russian jets struck deep into the territory of its tiny neighbour, killing civilians and ‘completely devastating’ the strategic Black Sea port of Poti, a staging post for oil and other energy supplies. Reports last night also said that Russia had bombed the international airport in Tbilisi. Go to Drudge Report to read rest of article.. |
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coyote
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Posted: August 11 2008 at 4:14am |
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Oil jumps on Russia-Georgia conflict
Crude gains nearly $2 as fighting continues over a separatist province. cnn |
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Penham
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Posted: August 11 2008 at 7:10am |
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It did go down a little more over the weekend for us $3.49 a gallon now, so it is finally starting to drop again.
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Albert
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Posted: November 13 2008 at 4:44am |
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Wlell, our gas prices in Southern California are now at 2.37 and falling. Down over two dollars in just over 60 days.
it's amazing how fast a recession can change things.
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Penham
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Posted: November 13 2008 at 5:48am |
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Our gas is down to $1.83 a gallon. I have decided NOT to change my driving habits, to continue to do all errands on the way to and from work and not making any extra trips, basically treat the gas as if it cost almost $4 a gallon, I figured we are already in that gas saving mode, we might as well continue, no reason to change just because the gas is cheaper again.
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Albert
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Posted: November 13 2008 at 6:03am |
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That's why I don't mind all of the OT topics on such important parts of history. From the election, to a recession, to Wall Street faltering, and to the avian flu threat of course, we've been tracking all topics in great detail. Someday, a long time down the road from now, there might be interest in reviewing these threads for first hand accounts of "the times". Of course, some of our presidential debate threads may not look so good.
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Evergreen
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Posted: November 13 2008 at 9:51am |
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NW Washington Regular $2.19 and dropping. I agree with you, Penham, will not change my gas conservation habits. It actually makes sense.
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235365 - Energy follows thought. As you think, so you are.
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endman
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Posted: November 13 2008 at 11:31am |
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North NJ $1.97 to $2.05 |
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starspirit
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Posted: November 15 2008 at 12:29am |
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KC area 1.79-1.85 who would have thought
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Posted: November 15 2008 at 12:54am |
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http://www.gasbuddy.com/
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hachiban08
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Posted: November 15 2008 at 1:06pm |
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In my hometown, its 1.98 at the cheapest for unleaded and 2.39 at the highest.
Im from norcal but right now, I'm going to school in riverside, so im not sure what the gas prices are here cuz i dont drive lol
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Be prepared! It may be time....^_^v
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Iowa102
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Posted: November 15 2008 at 10:45pm |
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$1.72 In Des Moines, IA
Now I regret filling those two five gallon cans with $3.45 a gallon gas. Oh well, it will get used.
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MelodyAtHome
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Posted: November 16 2008 at 8:19pm |
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$1.77 gallon...northeast ohio melody |
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Melody
Emergency Preparedness 911 http://emergencypreparedness911.blogspot.com/ |
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MelodyAtHome
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Posted: November 18 2008 at 7:44pm |
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It dropped again at the same gas station. $1.67! I hope it keeps going down:O)
Melody
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Melody
Emergency Preparedness 911 http://emergencypreparedness911.blogspot.com/ |
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endman
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Posted: November 26 2008 at 8:53am |
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nj $1.79
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Penham
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Posted: November 26 2008 at 11:20am |
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I just filled up at $1.59 a gallon, here in SW Oklahoma.
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Chloess
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Posted: November 26 2008 at 11:57am |
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$1.71 in the piedmont of NC.
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starspirit
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Posted: December 03 2008 at 9:51pm |
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Kansas city area 1.49-1.69
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Posted: December 04 2008 at 6:14pm |
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upstateny
1.97 |
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endman
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Posted: December 05 2008 at 9:46am |
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nj 1,55
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Penham
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Posted: December 09 2008 at 1:26pm |
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I paid $1.52 a gallon yesterday. At this point I am not even filling up, because it just keeps getting cheaper every few days.
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DANNYKELLEY
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Posted: December 09 2008 at 1:30pm |
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$1.40 in kokomo indiana
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WHAT TO DO????
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AandEmommy
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Posted: December 09 2008 at 8:16pm |
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$1.36 Downtown Indianapolis
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MelodyAtHome
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Posted: December 09 2008 at 8:24pm |
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$1.41 in northeast Ohio...thank goodness for this drop with all the other economical problems.
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Melody
Emergency Preparedness 911 http://emergencypreparedness911.blogspot.com/ |
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Penham
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Posted: December 10 2008 at 12:48pm |
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Down to $1.49 here in Oklahoma today.
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endman
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Posted: December 11 2008 at 7:10am |
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$1.55 in NJ
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Penham
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Posted: December 11 2008 at 6:25pm |
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Down to $1.45 here in OK today. However, our gas station (we only have one in our small town) was out of super unleaded gas. To me this is a bit scarey, as this particular gas station has NEVER been out of gas. We don't use super unleaded, but it made me think twice about not filling up, I have been only putting $10 in at a time right now because every few days the price keeps going down. I decided to go ahead and fill up, until the prices started dropping I had always kept at least half a tank of gas. We only have one gas station in our town, the next closest station is 5 miles away.
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