Oil price over $147 for the first time-now above $80

Chat about anything and everything... (well almost anything) Whether it be the front porch or the pot belly stove or news of interest or a topic of your liking, this is the place to post it.

Moderator: S2k Moderators

Post Reply
Message
Author
O Town
S2K Supporter
S2K Supporter
Posts: 5205
Age: 52
Joined: Wed Sep 07, 2005 9:37 pm
Location: Orlando, Florida 28°35'35"N 81°22'55"W

#981 Postby O Town » Thu Nov 20, 2008 10:07 am

:uarrow: Wow!
I saw 1.96 yesterday.
CRIKEY!!!!!!!
0 likes   
Top
User avatar
HURAKAN
Professional-Met
Professional-Met
Posts: 46086
Age: 38
Joined: Thu May 20, 2004 4:34 pm
Location: Key West, FL
Contact:
Contact HURAKAN

#982 Postby HURAKAN » Thu Nov 20, 2008 10:31 am

I saw $2.17 in a Mobil gas station close to my house.
0 likes   
Top
User avatar
southerngale
Retired Staff
Retired Staff
Posts: 27418
Joined: Thu Oct 10, 2002 1:27 am
Location: Southeast Texas (Beaumont area)

#983 Postby southerngale » Thu Nov 20, 2008 11:43 am

Gas was $1.81 at Sam's Club in Beaumont last night. Wow!
0 likes   
Top
User avatar
angelwing
S2K Supporter
S2K Supporter
Posts: 4462
Age: 63
Joined: Tue Jan 18, 2005 3:06 pm
Location: Kulpsville, PA

#984 Postby angelwing » Thu Nov 20, 2008 1:52 pm

$1.78 this AM in NJ, still between $2.05-2.15 in Blue Bell
0 likes   
Top
User avatar
Cyclenall
Category 5
Category 5
Posts: 6666
Joined: Thu Jun 08, 2006 10:01 pm
Location: Ontario, Canada

#985 Postby Cyclenall » Thu Nov 20, 2008 3:29 pm

Oil prices are now under $50!! My desired price is $20 a barrel.
0 likes   
Top
User avatar
HURAKAN
Professional-Met
Professional-Met
Posts: 46086
Age: 38
Joined: Thu May 20, 2004 4:34 pm
Location: Key West, FL
Contact:
Contact HURAKAN

#986 Postby HURAKAN » Thu Nov 20, 2008 3:36 pm

Oil price lowest since 2005.

Link: http://www.nytimes.com/2008/11/21/busin ... il.html?em
0 likes   
Top
Derek Ortt

#987 Postby Derek Ortt » Thu Nov 20, 2008 5:30 pm

$20 is too low. That would put deflationary pressure on the economy, sending us right into depression
0 likes   
Top
User avatar
azsnowman
Category 5
Category 5
Posts: 8591
Joined: Wed Feb 05, 2003 8:56 pm
Location: Pinetop Arizona. Elevation 7102' (54 miles west of NM border)

Re:

#988 Postby azsnowman » Thu Nov 20, 2008 5:35 pm

Derek Ortt wrote:$20 is too low. That would put deflationary pressure on the economy, sending us right into depression



We are already in "deflation" according to CBS, MSNBC this morning....all I can say, I've read the Book and I know how this will all end :ggreen:
0 likes   
Top
User avatar
Stephanie
S2K Supporter
S2K Supporter
Posts: 23843
Age: 63
Joined: Thu Feb 06, 2003 9:53 am
Location: Glassboro, NJ

Re: Oil price over $147 for the first time-now below $50

#989 Postby Stephanie » Thu Nov 20, 2008 8:32 pm

Everything will lose it's value. We'll all be paying off debt on items that are no longer selling at the price we originally bought them for.

My head is spinning.... :double:
0 likes   
Top
User avatar
gtalum
S2K Supporter
S2K Supporter
Posts: 4749
Age: 49
Joined: Tue Sep 07, 2004 3:48 pm
Location: Bradenton, FL
Contact:
Contact gtalum

Re: Oil price over $147 for the first time-now below $50

#990 Postby gtalum » Fri Nov 21, 2008 9:19 am

Stephanie wrote:Everything will lose it's value. We'll all be paying off debt on items that are no longer selling at the price we originally bought them for.


Isn't that always the case? Everything (excepting some collectors' items) loses it's value as soon as you buy it.
0 likes   
Top
User avatar
Stephanie
S2K Supporter
S2K Supporter
Posts: 23843
Age: 63
Joined: Thu Feb 06, 2003 9:53 am
Location: Glassboro, NJ

Re: Oil price over $147 for the first time-now below $50

#991 Postby Stephanie » Fri Nov 21, 2008 7:35 pm

gtalum wrote:
Stephanie wrote:Everything will lose it's value. We'll all be paying off debt on items that are no longer selling at the price we originally bought them for.


Isn't that always the case? Everything (excepting some collectors' items) loses it's value as soon as you buy it.


I wasn't talking about the obvious - cars, clothing, etc. I was referring more to homes and the next new car you get may actually be cheaper than the one you bought the last time.
0 likes   
Top
JonathanBelles
Professional-Met
Professional-Met
Posts: 11430
Age: 35
Joined: Sat Dec 24, 2005 9:00 pm
Location: School: Florida State University (Tallahassee, FL) Home: St. Petersburg, Florida
Contact:
Contact JonathanBelles

#992 Postby JonathanBelles » Fri Nov 21, 2008 9:03 pm

Prices have nose dived in the last week. When I left for P'Cola, it was $2.06, now its $1.88! WOO HOO!
0 likes   
Top
User avatar
vbhoutex
Storm2k Executive
Storm2k Executive
Posts: 29112
Age: 73
Joined: Wed Oct 09, 2002 11:31 pm
Location: Cypress, TX
Contact:
Contact vbhoutex

Re: Oil price over $147 for the first time-now below $50

#993 Postby vbhoutex » Fri Nov 21, 2008 11:53 pm

We are now down to 1.749 for gas in our area!!! :eek: :eek:
0 likes   
Top
User avatar
southerngale
Retired Staff
Retired Staff
Posts: 27418
Joined: Thu Oct 10, 2002 1:27 am
Location: Southeast Texas (Beaumont area)

#994 Postby southerngale » Sat Nov 22, 2008 3:21 am

This thread ought to give you a laugh. :lol:
0 likes   
Top
User avatar
somethingfunny
ChatStaff
ChatStaff
Posts: 3926
Age: 37
Joined: Thu May 31, 2007 10:30 pm
Location: McKinney, Texas

Re:

#995 Postby somethingfunny » Sat Nov 22, 2008 4:05 am

southerngale wrote:This thread ought to give you a laugh. :lol:


LMAO YES.


I bought 10 gallons today for $16 and it wasn't even the cheapest in town. :eek:

It cracks me up now to see cars lined up 3-deep at each pump at the WalMart for $1.51/gallon. Good grief...the empty gas station next door is still selling it for $1.59! Dirt cheap!
0 likes   
Top
User avatar
Stephanie
S2K Supporter
S2K Supporter
Posts: 23843
Age: 63
Joined: Thu Feb 06, 2003 9:53 am
Location: Glassboro, NJ

Re:

#996 Postby Stephanie » Sat Nov 22, 2008 11:46 am

southerngale wrote:This thread ought to give you a laugh. :lol:


It's funny and sad at the same time.
0 likes   
Top
User avatar
HURAKAN
Professional-Met
Professional-Met
Posts: 46086
Age: 38
Joined: Thu May 20, 2004 4:34 pm
Location: Key West, FL
Contact:
Contact HURAKAN

#997 Postby HURAKAN » Mon Dec 01, 2008 5:31 pm

I pumped gas on Saturday in Fort Lauderdale, FL, for $1.93. First time below $2 in a long time.

Image
0 likes   
Top
Derek Ortt

#998 Postby Derek Ortt » Mon Dec 01, 2008 5:57 pm

got gas at Key Largo on Friday for 1.86. Prices a bit higher in Miami and Key West
0 likes   
Top
User avatar
somethingfunny
ChatStaff
ChatStaff
Posts: 3926
Age: 37
Joined: Thu May 31, 2007 10:30 pm
Location: McKinney, Texas

Re: Re:

#999 Postby somethingfunny » Thu Dec 04, 2008 1:41 pm

somethingfunny wrote:
I bought 10 gallons today for $16 and it wasn't even the cheapest in town. :eek:

It cracks me up now to see cars lined up 3-deep at each pump at the WalMart for $1.51/gallon. Good grief...the empty gas station next door is still selling it for $1.59! Dirt cheap!


Well...prices have stopped falling here in Grayson County. The cheapest is still $1.52, and most stations have actually jumped back up a nickel or a dime per gallon since Thanksgiving. Looks like the rest of the country is getting a chance to catch up finally.
0 likes   
Top
User avatar
vbhoutex
Storm2k Executive
Storm2k Executive
Posts: 29112
Age: 73
Joined: Wed Oct 09, 2002 11:31 pm
Location: Cypress, TX
Contact:
Contact vbhoutex

Re: Oil price over $147 for the first time-now below $50

#1000 Postby vbhoutex » Thu Dec 04, 2008 2:57 pm

Prices seem to have stabilized at around 1.549 to 1.659 per gallon here in the Houston area.
0 likes   
Top
Post Reply

Return to “Off Topic”

Who is online

Users browsing this forum: No registered users and 5 guests