wow RE: oil/gas prices

[ProdigalJunkMail]

PETROLEUM ($/bbl)
PRICE* CHANGE %CHANGE TIME
Nymex Crude Future 62.40 -.82 -1.30 10:23
Dated Brent Spot 60.73 -1.74 -2.79 10:53
WTI Cushing Spot 62.90 -.32 -.51 10:03


PETROLEUM (¢/gal)
PRICE* CHANGE % CHANGE TIME
Nymex Heating Oil Future 169.65 -1.45 -.85 10:23
Nymex Gasoline Future 154.50 -.72 -.46 10:23

[rurallib]

1. Wow it's like someone's trying to buy my vote

with cheap gas and oil. Wow and I can be bought. Should I pull the lever for a republicant myself or let the machine do it?

[The Backlash Cometh]

2. Yay! Let's hear it for election years!

I say we do what Halliburton is doing and pool all of our gas savings together and buy back our public infra-structure!

[Blackhatjack]

3. If pulling a lever makes you happy, result is always the same....n/t

[ProdigalJunkMail]

4. six of one...half a dozen of the other???

ha!

[obreaslan]

5. Your Vote has been recorded. Thank you,...

from your friendly, local Diebold representative.

[RB TexLa]

6. Oil will rally, I need a reason to open my royalty checks

[texanshatingbush]

7. Does anyone have graphs of avg US monthly gasoline prices?

I would be very interested in seeing such a graph over the last 6 years. It DOES seem like every two years, we have this huge price drop in Sept-Oct-Nov.

[ProdigalJunkMail]

8. it is just about every year

last year was a fluke with the exceptional hurricane season. I think would be an interesting graph to see if it drops more on the 2 and 4 year election cycle though...

sP

[Divine Discontent]

11. put

your major city in front of the word gasprices.com and you'll get current gas prices in your area, but can click for national. also, can get monthly charts, among others.

love how gas is 2.03 in Ohio but 2.70 in Florida

[AndyTiedye]

15. A Lot of Stations Are Still Over $3 for Regular in California

[Divine Discontent]

16. ty sorry and woe to the idiots who let 2 gas effect their vote nt

[muesa]

9. Economics 301 (Not 101) + Business Law 102 (Not 101)

Title 15, United States Code § 1. Trusts, etc., in restraint of trade illegal; penalty

Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations, is declared to be illegal. Every person who shall make any contract or engage in any combination or conspiracy hereby declared to be illegal shall be deemed guilty of a felony, and, on conviction thereof, shall be punished by fine not exceeding $10,000,000 if a corporation, or, if any other person, $350,000, or by imprisonment not exceeding three years, or by both said punishments, in the discretion of the court.

Google: cartel, "conscious parallelism of (price) action", "administered pricing", "price leadership"

Did you ever notice how the cartelized, administered price, arrived at in parallel, is just low enough to keep most alternative fuels on the cusp of being uneconomical/unprofitable?

Or is that just my biased, prejudiced, conspiratorial view of "Big Oil" and the rest of the world?

[Divine Discontent]

13. SHOW DICK SOME RESPECT!

sorry, your tin foil hat smarty pants rant made me think of the breakfast club where brian's character says that the book rack blacking the door could be a fire hazard and the druggie yells, "show dick some respect!"

[muesa]

14. I worked in

lab "across the street" from the "Oil Patch" -- and taught at the college "down the highway" from the "Oil Patch" - for about 40 years -- I think I know the "Oil Patch"

[n2doc]

10. This toon about says it all on this subject

[apnu]

12. LOL! That's a good one.

I'm keeping my hybrid tho. :)