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View Full Version : Oil Below $100/bbl - RBOB Gas down 13 cents

kyol122
September 14th, 2008, 12:16 PM
Oil and gas are way down this morning in electronic trading on the NYMEX...


http://www.bloomberg.com/markets/commodities/energyprices.html


So maybe, things will get back to normal a bit quicker in the gulf and midwest as far as pump prices are concerned.

Anyway, I thought a bit of good news (who ever thought $99/barrel oil would be "good" news...?) might be welcomed. :)
BornAgain123
September 14th, 2008, 03:02 PM
Oil and gas are way down this morning in electronic trading on the NYMEX...


http://www.bloomberg.com/markets/commodities/energyprices.html


So maybe, things will get back to normal a bit quicker in the gulf and midwest as far as pump prices are concerned.

Anyway, I thought a bit of good news (who ever thought $99/barrel oil would be "good" news...?) might be welcomed. :)

Two of the oil refineries got damage in the Gulf, FYI. While the others are unknown.

Frankly-I find this pretty suspicious. Don't hold your breath about our pump prices going down.
cryo
September 14th, 2008, 04:37 PM
Two of the oil refineries got damage in the Gulf, FYI. While the others are unknown.

Frankly-I find this pretty suspicious. Don't hold your breath about our pump prices going down.


This is criminal collusion at this point. Demand goes up, prices rise, demand goes way down, prices rise. It can't go both ways!