rvn4me

All-Star Author
Texas
Posts:564 Points:270,225 Joined:Jan 2009
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Message Posted: Jul 4, 2009 9:51:34 AM
It could but it wont. People as a whole are greedy.
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Phzuyx

Sophomore Author
Wichita
Posts:149 Points:77,150 Joined:May 2008
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Message Posted: Jul 4, 2009 9:50:15 AM
In big oil, when demand raises gas prices raise when demand falls gas prices raise
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AC-302

Champion Author
Los Angeles
Posts:12,279 Points:1,671,415 Joined:Aug 2004
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Message Posted: Jul 4, 2009 9:48:43 AM
OIl ought to be about $35/bbl, and gasoline ought to be $1.49 to about $1.75/gallon. I'll be happy to see it get to two bucks.
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kruk

Champion Author
London
Posts:1,889 Points:212,425 Joined:Jan 2007
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Message Posted: Jul 4, 2009 9:48:25 AM
hope it will be soon
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Somis1

Champion Author
Ventura
Posts:6,889 Points:1,391,410 Joined:Jul 2005
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Message Posted: Jul 4, 2009 9:47:35 AM
$20 a barrel by the end of the year, huh? I'll believe THAT when I see it.
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Number43

Champion Author
Lexington
Posts:2,034 Points:395,645 Joined:Oct 2008
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Message Posted: Jul 4, 2009 9:47:17 AM
The bubble will pop.
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dick57

Sophomore Author
Winnipeg
Posts:231 Points:65,470 Joined:Sep 2008
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Message Posted: Jul 4, 2009 9:47:11 AM
I'll believe it when I see it - at the pump where it counts!
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reb4

Champion Author
Chicago
Posts:5,094 Points:559,200 Joined:Sep 2004
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Message Posted: Jul 4, 2009 9:46:53 AM
Writer is forgetting the "greed" factor and the fact that it pays to give allusion that the glut is not there.... I don't see it going down, and will be happy if it does...
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carlsonguitars

Champion Author
Portland
Posts:3,058 Points:484,555 Joined:Jan 2008
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Message Posted: Jul 4, 2009 9:46:43 AM
Well, we have had a SURPLUS of oil for the past year, but yet prices spiked up like they did.... there are no definites, obviously!!!!! Oil SHOULD be selling around $30 to $35 a barrel, but that isn't happening either now, IS IT??!?!?!?!
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JadeKY

Champion Author
Louisville
Posts:2,330 Points:465,780 Joined:May 2008
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Message Posted: Jul 4, 2009 9:44:41 AM
That would help a lot, keep conserving.
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spunky4443

Champion Author
Washington
Posts:2,856 Points:808,500 Joined:May 2005
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Message Posted: Jul 4, 2009 9:44:06 AM
We've had an over abundance of Oil, but the prices still went up.
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DrivingFool2

Champion Author
Wisconsin
Posts:2,013 Points:365,130 Joined:Apr 2005
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Message Posted: Jul 4, 2009 9:43:56 AM
They need new innovative ways to store the crude. Maybe rent out peoples bathtubs.
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DeepInOhio

All-Star Author
Ohio
Posts:910 Points:374,280 Joined:May 2008
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Message Posted: Jul 4, 2009 9:43:42 AM
I'll have to see it to believe it.
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hauler43

Champion Author
Oakland
Posts:3,544 Points:1,575,990 Joined:Sep 2003
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Message Posted: Jul 4, 2009 9:42:33 AM
Don't hold your breath. Oil companies are use to billions of dollars in profits and that's not going to change.
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CallJeffCa

Champion Author
Oakland
Posts:2,004 Points:477,035 Joined:Oct 2007
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Message Posted: Jul 4, 2009 9:42:20 AM
Do it quickly, I am moving my parents across country at the end of the month. :-)
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Jamer

Champion Author
Orange County
Posts:2,544 Points:423,325 Joined:Jul 2002
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Message Posted: Jul 4, 2009 9:42:02 AM
I'm waiting for that day to come.
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StuCoFromage37

All-Star Author
Illinois
Posts:689 Points:109,055 Joined:May 2009
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Message Posted: Jul 4, 2009 9:41:51 AM
I've heard this before. I do think gas will probably drop below $2 again, and it will be glorious when it does.
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Mikey8494

Champion Author
Dayton
Posts:3,805 Points:1,109,650 Joined:Jul 2006
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Message Posted: Jul 4, 2009 9:41:35 AM
Sounds like a Plan for the oil prices......
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VetteBlue

Champion Author
San Jose
Posts:4,359 Points:902,245 Joined:Jan 2007
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Message Posted: Jul 4, 2009 9:40:38 AM
We have had the oil glut for a long time. It has not keep prices from going up a lot.
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Lonewolftx

Champion Author
Houston
Posts:7,324 Points:1,447,015 Joined:Sep 2005
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Message Posted: Jul 4, 2009 9:40:13 AM
Yeah, it will come after the summer driving season, mark my words.
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tazdriver

Champion Author
Huntsville
Posts:4,120 Points:929,430 Joined:Jan 2007
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Message Posted: Jul 4, 2009 9:40:02 AM
These types of articles are just setting us up for more obamination and desolation translated into price hikes. Gas should be near $1.00 a gallon with the record supplies and low demand.
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OilHo

Champion Author
Ontario
Posts:4,793 Points:944,340 Joined:Jul 2006
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Message Posted: Jul 4, 2009 9:39:22 AM
Oil is over priced.
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Grismer

Champion Author
Kitchener-Waterloo
Posts:2,347 Points:499,625 Joined:Apr 2008
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Message Posted: Jul 4, 2009 9:39:05 AM
For this weekend pump prices remain relatively stable. Enjoy while you can and don't be concerned about "expert" predictions.
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dollarwatcher

Champion Author
Wisconsin
Posts:1,544 Points:275,825 Joined:Mar 2007
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Message Posted: Jul 4, 2009 9:38:11 AM
On this site yesterday was an article saying just the opposite. Who to believe?
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TeachR06

Champion Author
Raleigh
Posts:2,663 Points:812,695 Joined:Sep 2006
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Message Posted: Jul 4, 2009 9:37:19 AM
Nah.....somehow, this will make gas go up in the weird scheme of things. We'll have to pay a surcharge for storage on each gallon we buy!
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SgtWalleye

Veteran Author
Iowa
Posts:331 Points:134,480 Joined:Mar 2007
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Message Posted: Jul 4, 2009 9:36:17 AM
There are oil tankers out floating with millions of barrels of crude. I hope the greedy blokes take a huge loss on it.
[Edited by: SgtWalleye at 7/4/2009 9:36:35 AM EST]
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goldilox88

All-Star Author
Montreal
Posts:817 Points:342,155 Joined:Jun 2008
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Message Posted: Jul 4, 2009 9:36:15 AM
Gas is only going up!
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VDubBill

All-Star Author
Jacksonville
Posts:546 Points:293,770 Joined:May 2008
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Message Posted: Jul 4, 2009 9:36:01 AM
So, they're running out of storage tankers?
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cathevan

Champion Author
Manitoba
Posts:1,328 Points:358,450 Joined:May 2007
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Message Posted: Jul 4, 2009 9:35:59 AM
well they been arisin pretty steady
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mk9999

Champion Author
Rochester
Posts:1,572 Points:417,290 Joined:Aug 2008
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Message Posted: Jul 4, 2009 9:35:17 AM
Let's hope.
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1RedJellyBean

Veteran Author
Greensboro
Posts:392 Points:176,720 Joined:Jan 2009
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Message Posted: Jul 4, 2009 9:33:25 AM
HAPPY BIRTHDAY AMERICA!!! And THANK YOU to our Men and Women in the Armed Forces keeping us FREE! God BLESS You All!!
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TXGasPriceSpy

Champion Author
Fort Worth
Posts:1,256 Points:222,445 Joined:Sep 2008
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Message Posted: Jul 4, 2009 9:33:23 AM
I hope that this article is more than wishful thinking. It almost sounds too good to be true. Don't forget, it's only someone's opinion. Don't believe everything you read, then you won't be disappointed.
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saveongasNC

Champion Author
North Carolina
Posts:2,034 Points:446,775 Joined:Aug 2008
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Message Posted: Jul 4, 2009 9:30:42 AM
Buy less pay less!
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throttle

Champion Author
Maryland
Posts:6,416 Points:1,377,010 Joined:Jul 2004
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Message Posted: Jul 4, 2009 9:28:25 AM
The author is trying to be rational in an irrational market.
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Theczecho

Champion Author
Long Island
Posts:1,028 Points:346,090 Joined:Aug 2008
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Message Posted: Jul 4, 2009 9:27:29 AM
Hurricane season will bail them out.
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AvantiMick

Champion Author
Indiana
Posts:6,690 Points:1,331,950 Joined:Dec 2005
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Message Posted: Jul 4, 2009 9:27:22 AM
Sure, but the oil companies will find a way to raise gasoline!!
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Fataugie

Veteran Author
Rochester
Posts:426 Points:229,100 Joined:Oct 2006
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Message Posted: Jul 4, 2009 9:26:38 AM
Not if Barrack has anything to say about it.
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tankneverfull

Champion Author
Charlotte
Posts:2,766 Points:541,570 Joined:Apr 2008
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Message Posted: Jul 4, 2009 9:25:45 AM
More garbage about a gas issue that I am sure nobody believes is real or being truthfully told.
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captngasTN

All-Star Author
Tennessee
Posts:776 Points:157,255 Joined:Jun 2009
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Message Posted: Jul 4, 2009 9:25:04 AM
Finally the "experts" state the obvious -supply and demand. Stange how this finite amount of natural resources is now a glut.
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jmg144

Champion Author
Maryland
Posts:6,394 Points:1,757,280 Joined:Jul 2004
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Message Posted: Jul 4, 2009 9:24:44 AM
They are waiting for another major incident to occur
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njteech

Champion Author
New Jersey
Posts:6,365 Points:1,512,380 Joined:Aug 2004
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Message Posted: Jul 4, 2009 9:24:38 AM
CONSERVE!!!!!!
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gasie1

Champion Author
Maine
Posts:3,910 Points:1,288,895 Joined:Nov 2005
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Message Posted: Jul 4, 2009 9:24:18 AM
Go ahead and make my day. Flood the market.
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BHSJackson

Veteran Author
Indiana
Posts:365 Points:127,480 Joined:Mar 2008
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Message Posted: Jul 4, 2009 9:23:19 AM
Why would they stop storing it? It's paying off handsomely.
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DABEE1073

Champion Author
San Diego
Posts:1,528 Points:311,985 Joined:Jun 2008
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Message Posted: Jul 4, 2009 9:23:10 AM
KEEP CONSERVING. WE'LL BEAT THE BAST__D'S YET.
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puzzledperson

All-Star Author
Pennsylvania
Posts:564 Points:485,170 Joined:Apr 2008
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Message Posted: Jul 4, 2009 9:22:54 AM
Good that's where gas prices need to be. These high prices for gas is just redicious.
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VDubBill

All-Star Author
Jacksonville
Posts:546 Points:293,770 Joined:May 2008
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Message Posted: Jul 4, 2009 9:22:50 AM
I won't believe it until I see the bum on the corner with a sign, "Will speculate oil prices for food."
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lightbulbman2008

Champion Author
Worcester
Posts:10,600 Points:366,460 Joined:Oct 2008
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Message Posted: Jul 4, 2009 9:22:45 AM
seeing is believing
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gasman50

Champion Author
Portland
Posts:2,489 Points:1,151,630 Joined:Nov 2005
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Message Posted: Jul 4, 2009 9:21:21 AM
Time will tell
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armstrmb

Champion Author
Houston
Posts:3,889 Points:829,680 Joined:Jun 2007
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Message Posted: Jul 4, 2009 9:21:04 AM
I am really tired of articles on what could happen and what experts say might happen.
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unloquacious

Champion Author
Indiana
Posts:1,546 Points:664,885 Joined:May 2005
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Message Posted: Jul 4, 2009 9:20:16 AM
marinasgrandpa, you hit the nail on the head! Another brilliant article from L.A. Times...
[Edited by: unloquacious at 7/4/2009 9:21:53 AM EST]
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Lengas

Champion Author
Gary
Posts:6,760 Points:1,453,610 Joined:Nov 2004
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Message Posted: Jul 4, 2009 9:19:54 AM
What are you waiting for?
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marinasgrandpa

All-Star Author
Atlanta
Posts:757 Points:236,195 Joined:Oct 2008
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Message Posted: Jul 4, 2009 9:18:09 AM
if they thought they would tire paying the storage costs they wouldn't have started it-we consumers will be the ones paying for the storage with gas prices inflated by those same storage costs-the consumer gets the shaft once again
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