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Old 09-22-2008, 07:35 PM   #1
stockstar1138 stockstar1138 is offline
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Default Oil Spikes $25/Barrel in a Day!

http://www.breitbart.com/article.php...show_article=1

biggest jump ever. thats absolutely incredible.....and bad.
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Old 09-22-2008, 07:38 PM   #2
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Yes, many many investors we made rich in that move. This is horrible because I was so happy with oil and gas prices finally starting to come down.
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Old 09-22-2008, 07:40 PM   #3
Forrestandjen07 Forrestandjen07 is offline
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i pay no attention to it any more, its allways going up, and down, up and down up and down
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Old 09-22-2008, 08:40 PM   #4
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Quote:
Originally Posted by Forrestandjen07 View Post
i pay no attention to it any more, its allways going up, and down, up and down up and down
that seems like it was their plan all along. for people to not care anymore.
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Old 09-22-2008, 08:43 PM   #5
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Originally Posted by dpompeo View Post
that seems like it was their plan all along. for people to not care anymore.
Really, what can one realistically do about it..
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Old 09-22-2008, 08:49 PM   #6
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Really, what can one realistically do about it..
my point exactly.
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Old 09-23-2008, 01:05 AM   #7
Galley Galley is offline
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Screw that! I'm riding my bike to work this week.
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Old 09-23-2008, 01:23 AM   #8
Forrestandjen07 Forrestandjen07 is offline
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Screw that! I'm riding my bike to work this week.
hope its a bycecle
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Old 09-23-2008, 01:40 AM   #9
DetroitSportsFan DetroitSportsFan is offline
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Quote:
Originally Posted by Forrestandjen07 View Post
hope its a bycecle
Motorcycles get great gas mileage compared to cars.
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Old 09-23-2008, 01:50 AM   #10
Forrestandjen07 Forrestandjen07 is offline
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Motorcycles get great gas mileage compared to cars.
bikes get evne better
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Old 09-23-2008, 03:24 AM   #11
U4K61 U4K61 is offline
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Well, perhaps it's time to play a Mad Max DVD.
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Old 09-23-2008, 03:28 AM   #12
jamclaur jamclaur is offline
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Quote:
Originally Posted by stockstar1138 View Post
http://www.breitbart.com/article.php...show_article=1

biggest jump ever. thats absolutely incredible.....and bad.
and unnecessary. Someone's pocket must have felt a little light today.
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Old 09-23-2008, 03:28 AM   #13
jamclaur jamclaur is offline
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Quote:
Originally Posted by dpompeo View Post
that seems like it was their plan all along. for people to not care anymore.
Exactly. Like these buy-outs that WE are paying for to make THEM rich. They want us to "not care."
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Old 09-23-2008, 03:44 AM   #14
DeathByAsh'aman DeathByAsh'aman is offline
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Quote:
Originally Posted by stockstar1138 View Post
http://www.breitbart.com/article.php...show_article=1

biggest jump ever. thats absolutely incredible.....and bad.
Over inflated itll come back down. They quote the front month crude futures for the oil price. usual volume is a little over 300,000, today was slightly more then 30,000. Real short term it may go up but it wont last. not enough demand.
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Old 09-23-2008, 05:06 PM   #15
Galley Galley is offline
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Did you know that you can get infinite mileage by not driving your car and using an alternative form of transportation such as a bicycle? It's true!
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Old 09-23-2008, 05:08 PM   #16
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Quote:
Originally Posted by stockstar1138 View Post
http://www.breitbart.com/article.php...show_article=1

biggest jump ever. thats absolutely incredible.....and bad.
Mostly it was a technical issue. A short squeeze on the expiring Oct futures contracts.

If you note, the futures (now Nov.) opened at ~$109. So, most of that blip (but not all) has come back.

Gary
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Old 09-23-2008, 05:10 PM   #17
bigMacDaddyBLU bigMacDaddyBLU is offline
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Quote:
Originally Posted by Galley View Post
Did you know that you can get infinite mileage by not driving your car and using an alternative form of transportation such as a bicycle? It's true!
did you know you can get stickers from hugging trees?? it's true!...


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Old 09-23-2008, 05:11 PM   #18
dereksworl dereksworl is offline
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Quote:
Originally Posted by Galley View Post
Screw that! I'm riding my bike to work this week.
I gonna start riding a freakin horse to work! this is ridiculous!
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Old 09-23-2008, 05:12 PM   #19
stockstar1138 stockstar1138 is offline
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Quote:
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Did you know that you can get infinite mileage by not driving your car and using an alternative form of transportation such as a bicycle? It's true!
the majority of people do not live within a safe biking distance of their work.

i used to work down the street from my house and i would rarely take a car there (only when i was late), but now i work 12 min. away from my house.

and while that doesn't seem like much, it would be at least a 30 min. bike ride each way. And I wouldn't even mind taking an extra 40 min. out of my day to save on gas and help the environment, but I need to look professional so god forbid it rains or my clothes get dirty or I sweat. In the winter Id freeze, plus it would take longer in the snow, plus its just not as safe as being in a vehicle going 30-40 mph.

biking is just not practical for a lot of people, we need better mass transit systems in many cities.

Last edited by stockstar1138; 09-23-2008 at 05:14 PM.
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Old 09-23-2008, 05:13 PM   #20
dpomp dpomp is offline
 
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Quote:
Originally Posted by stockstar1138 View Post
the majority of people do not live within a safe biking distance of their work.

i used to work down the street from my house and i would rarely take a car there (only when i was late), but now i work 12 min. away from my house.

and while that doesn't seem like much, it would be at least a 30 min. bike ride each way. And I wouldn't even mind taking an extra 40 min. out of my day to save on gas and help the environment, but I need to look professional so god forbid it rains or my clothes get dirty or I sweat. In the winter Id freeze, plus it would take longer in the snow, plus its just not as safe as being in a vehicle going 30-40 mph.
yeah that's true also, the whole working out part, i don't want to get to work drenched in sweat and then have to go through the day smelling.
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