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View Full Version : Oil keeps falling....

Bluemyboy
07-24-2008, 02:26 PM
Dont think it did today, but even with a ton of bad news it barely went up. I think it has a downward trend everyday of the week cept for Fridays. but, that is just from watching a little the last few months.

I think it will be closer to 100$ at the end of the summer then even 120$.
Bluemyboy
07-26-2008, 12:10 PM
you know it is on a fat downward trend after it falls on a friday!
Laney11
07-26-2008, 07:28 PM
No question consumption has dropped. I know that in our family we have a SUV and a mid-sized sedan. The SUV is used about 10% of the time now and the sedan about 90%. Also, our trips out are consolidated, rather than making several trips. I don't believe we are alone! I just hope that the public will continue to reduce their driving and keep these prices low. WE HAVE MORE POWER THAN YOU THINK!! Keep your driving at a minimum for good, than we will have sustained lower prices.
datafreak
07-26-2008, 09:04 PM
The problem is that the Chinese are putting 25,000 cars a day to the streets. We better get out in front of this energy situation quick!

Renewable Wind and Solar, and Electric cars ASAP!!! And nuclear if we can manage the waste.

Do you ever wonder if all this offshore drilling we are not doing, and protection of Alaskan Oil is so that when the demand is REALLY high, we hold all the oil? :)

http://www.nashvillecitypaper.com/news.php?viewStory=60670
Laney11
07-27-2008, 01:33 AM
Deplete the rest of the worlds oil...sit on ours...then we will be the U.S. SHEIKS! LMAO! I like it!
Bluemyboy
07-27-2008, 05:12 PM
I dont think that is such a great idea, as I think by the time we ever ran out of oil....But who knows, middle east seem to control some of the price and there is a ton more oil.

First- none of us would be alive
Second- none of our kids or grand kids will be alive
Third- We will have a form of renewable energy that we all can use much much cheaper and more efficiently.
chameleons53
07-27-2008, 05:39 PM
hmmmmmm work must be tough
Bluemyboy
07-29-2008, 04:46 PM
anyone notice the huge trend down this has had since pretty much the exact day Bush had the press conference to discuss expanding offshore drilling..... the price has dropped just about 30$ in two weeks..... and people say drilling would have no affect on prices.
Bluemyboy
09-09-2008, 06:54 AM
down and down and down..... well we are closer to 100 now. and falling.