Godlike Productions - Conspiracy Forum
Users Online Now: 1,396 (Who's On?)Visitors Today: 313,786
Pageviews Today: 413,468Threads Today: 88Posts Today: 1,628
03:08 AM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

Will QE3 result in $5 gas in the US

 
Anonymous Coward
User ID: 12698388
United States
09/09/2012 11:56 AM
Report Abusive Post
Report Copyright Violation
Will QE3 result in $5 gas in the US
With QE3 the money will go into commodities, gold, silver will rise, as will gasoline. Will we see $5 gas by end of FY13 Q2?
PhennommennonnModerator
Senior Forum Moderator

09/09/2012 11:59 AM

Report Abusive Post
Report Copyright Violation
Re: Will QE3 result in $5 gas in the US
Why QE3 Is Coming Next Week
[link to www.businessinsider.com]
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
The Queen Of Mean / VENOMmennonn

*Dont fuck with me; ill jump on my menstrual cycle & run your ass over ;)
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Every closed eye is not sleeping, and every open eye is not seeing
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
The universe responds NOT to what you want.....it responds to what you are being.......are you being what you want?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
the karma cafe has no menus. you get served what you deserve
~~~~~~~~~~~~~~~~~~~~~~~~~~~~

political correctness is a doctrine.... fostered by a delusional, illogical minority...... and rabidly promoted by an unscrupulous mainstream media; which holds forth the proposition that it is entirely possible to pick up a turd by the clean end.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Visit The Official GLP Store
[link to www.cafepress.com]

~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Subscribe to TheRawFeedLive On YouTube
[link to youtube.com]
~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Become a member & subscribe to the GLPVC Podcast
[link to members.therawfeedlive.com]

~~~~~~~~~~~~~~~~~~~~~~~~~~~~
FREEDOM OF SPEECH:
Alan Isaacman
The People Vs Larry Flynt
"Ladies and gentlemen of the jury, you've heard a lot here today and I won't try to go back over it all. But you have to go back in that room and make some decisions and there is one thing I want to make very clear to you before you do. I'm not trying to convince you that you should like what Larry Flynt does. I don't like what he does. But what I do like is... that I live in a country... where you and I can make that decision for ourselves. I like that I live in a country where I can pick up Hustler magazine... read it if I want... or throw it in the trash, if that's where I think it belongs. Or better yet I can express my opinion by not buying it. I like that right. I care about it. And you should care about it, too... because we live in a free country. We say that a lot, but sometimes we forget what that means, so listen again. We live in a free country. That is a powerful idea. That's a magnificent way to live. But there is a price for that freedom, which is that sometimes... we have to tolerate things that we don't necessarily like. So go back in that room... where you are free to think whatever you want to think... about Larry Flynt and Hustler magazine. But then ask yourselves if you want to make that decision for the rest of us... because the freedom that everyone in this room enjoys... is, in a very real way, in your hands. If we start throwing up walls against what some of us think is obscene... we may wake up one morning and realize... that walls have been thrown upin places we never expected... and we can't see anythingor... do anything. And that's not freedom. That is not freedom. So, be careful. Thank you."
VIDEO: [link to youtu.be]

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Anonymous Coward
User ID: 5944433
United States
09/09/2012 12:02 PM
Report Abusive Post
Report Copyright Violation
Re: Will QE3 result in $5 gas in the US
qe3 is pretty much priced into the price of gas. will we see $5 gas by the end of the year? i doubt it, as transportation has been selling off. it would take a major middle east event to get it to move that far up.

if were gonna see any move it's to the downside (i'm speaking short term of course), china announced weak economic data last night, germany could rule against the esm this week (though unlikely) and the fed may not ease via another round of balance sheet expansion. most of these things are priced in, so should they not happen expect a sell off (coinciding with transports which are leading indicators)
Silverback

User ID: 23099923
United States
09/09/2012 12:03 PM
Report Abusive Post
Report Copyright Violation
Re: Will QE3 result in $5 gas in the US
With QE3 the money will go into commodities, gold, silver will rise, as will gasoline. Will we see $5 gas by end of FY13 Q2?
 Quoting: Anonymous Coward 12698388


It is a lock.
Anonymous Coward
User ID: 23267747
United States
09/09/2012 12:08 PM
Report Abusive Post
Report Copyright Violation
Re: Will QE3 result in $5 gas in the US
:bitenails:
Anonymous Coward
User ID: 14409444
United States
09/09/2012 12:10 PM
Report Abusive Post
Report Copyright Violation
Re: Will QE3 result in $5 gas in the US
No. Probably more like $7 a gallon.
Anonymous Coward
User ID: 20092618
United States
09/09/2012 12:13 PM
Report Abusive Post
Report Copyright Violation
Re: Will QE3 result in $5 gas in the US
God I hope so some of you fatties need to ride a bike to lose some weight.
Anonymous Coward
User ID: 23415593
Brazil
09/09/2012 12:15 PM
Report Abusive Post
Report Copyright Violation
Re: Will QE3 result in $5 gas in the US
6$ gallon in 8-12months
Seed

User ID: 22977820
United States
09/09/2012 12:16 PM
Report Abusive Post
Report Copyright Violation
Re: Will QE3 result in $5 gas in the US
With QE3 the money will go into commodities, gold, silver will rise, as will gasoline. Will we see $5 gas by end of FY13 Q2?
 Quoting: Anonymous Coward 12698388


Gas is shooting up here in Jersey, this is gonna suck out loud.
Saddletramp
We Don't Rent Pigs...

User ID: 740874
United States
09/09/2012 12:20 PM

Report Abusive Post
Report Copyright Violation
Re: Will QE3 result in $5 gas in the US
qe3 is pretty much priced into the price of gas. will we see $5 gas by the end of the year? i doubt it, as transportation has been selling off. it would take a major middle east event to get it to move that far up.

if were gonna see any move it's to the downside (i'm speaking short term of course), china announced weak economic data last night, germany could rule against the esm this week (though unlikely) and the fed may not ease via another round of balance sheet expansion. most of these things are priced in, so should they not happen expect a sell off (coinciding with transports which are leading indicators)
 Quoting: Anonymous Coward 5944433


This depends entirely on the size and type of QE package they announce...assuming they do announce!

A QE of over 1 Trillion will probably result in $150 crude oil (even without war in the Middle-East), meaning gas well over $5.00 per gallon...

A QE of Bond Purchases and swaps below 1 Trillion and we will see a slight short term bump, but is likely priced into the market for the most part...

Any bump to equities will be short lived, a three to four month rally at best, commodities may fare better due to devaluation of currencies world wide...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Anonymous Coward
User ID: 22162470
United States
09/09/2012 12:21 PM
Report Abusive Post
Report Copyright Violation
Re: Will QE3 result in $5 gas in the US
qe3 is pretty much priced into the price of gas. will we see $5 gas by the end of the year? i doubt it, as transportation has been selling off. it would take a major middle east event to get it to move that far up.

if were gonna see any move it's to the downside (i'm speaking short term of course), china announced weak economic data last night, germany could rule against the esm this week (though unlikely) and the fed may not ease via another round of balance sheet expansion. most of these things are priced in, so should they not happen expect a sell off (coinciding with transports which are leading indicators)
 Quoting: Anonymous Coward 5944433


If you believe anything you wrote you are an un-educated fool !
Saddletramp
We Don't Rent Pigs...

User ID: 740874
United States
09/09/2012 12:30 PM

Report Abusive Post
Report Copyright Violation
Re: Will QE3 result in $5 gas in the US
If anyone wants my thoughts on this, and it's probably worth what it's costing you, here they are...

The Fed does NOT want to appear political. Not to say they aren't political, but they do have to work with both parties in Congress, so they hate to change policy in the midst of an election cycle for fear of alienating one side of the aisle.

That said, if it means putting a bandaid on a potential collapse of a major U.S. Bank, or the economy as a whole, I think they will do it regardless of the political implications, because I truly believe their number one priority right now is staving off a financial collapse until after the November elections.

It's interesting to me that China announced their new QE program a couple of weeks ago, then the ECB announced theirs this last week, that is an indication that the FED won't be too far behind, as these things are usually coordinated.

So let's assume there will be a QE3, or whatever number we are really on, before the November elections. What should we expect? First, expect a market rally in equities and commodities. Some QE has already been priced in, but if they make a big enough splash you could see the DOW at 15000, Oil at $150.00 (even without a war in the Middle-East) and Gold at $1900.

BUT, how long will the rally last? Even if they do it this month, I don't think it will last much past the end of the year, at least for equities and the DOW. Here's why, QE in a chronically low interest rate environment has a continually deminishing rate of return, and interest rates have been way too low, for way too long. Money, from a depository standpoint, is essentially worthless already. If we were going to get any real financial benefit from all of this QE and effective interest rates of Zero, we would have already seen it, and the ECB is now on their second QE of 2012, if you remember they loaned European Banks over 1.25 Trillion Dollars back at the beginning of the year, and that barely bought them six months before they had to begin slapping more bandaids on. Expect the same thing from a FED QE, only with perhaps a shorter duration of relief. I give the next QE three to four months of effectiveness at the most...

You see econommists really have no idea of the fire they are playing with here. I've said several times that the next QE is the last QE, at least for the FED, and I stand by that statement. We've never in our history had interest rates this low, for this long. When you factor in inflation and real currency devaluation, the rates are effectively negative. But still NO GROWTH.

You see folks, the problem is not liquidity, so printing cash does little to nothing to fix it. The problem is debt, and their solution is...more debt.

So don't expect QE to be a savior of our financial system, it just means the FED has no other tools left in the tool box. Expect to be able to play these equity markets long for a few more months, then you better start looking for shorts. Expect commodities to go to the moon and possibly stay there, because of the amount of currency devaluation we will see with this QE...

In any case...Have fun storming the castle...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Anonymous Coward
User ID: 22162470
United States
09/09/2012 12:31 PM
Report Abusive Post
Report Copyright Violation
Re: Will QE3 result in $5 gas in the US
No QE will be formely announced ! It will be called the continuation of twist. (it's money printing in any form)
It's just the fact that the sheeple will believe and fold to anything.
Anonymous Coward
User ID: 5944433
United States
09/09/2012 12:33 PM
Report Abusive Post
Report Copyright Violation
Re: Will QE3 result in $5 gas in the US
qe3 is pretty much priced into the price of gas. will we see $5 gas by the end of the year? i doubt it, as transportation has been selling off. it would take a major middle east event to get it to move that far up.

if were gonna see any move it's to the downside (i'm speaking short term of course), china announced weak economic data last night, germany could rule against the esm this week (though unlikely) and the fed may not ease via another round of balance sheet expansion. most of these things are priced in, so should they not happen expect a sell off (coinciding with transports which are leading indicators)
 Quoting: Anonymous Coward 5944433


If you believe anything you wrote you are an un-educated fool !
 Quoting: Anonymous Coward 22162470


the market has moved 10% up the last few months on weak economic data on the anticipation of cb action. this move is worth ~$1 trillion in anticipated action.

given that inflation is keeping china from easing and europe's easing could be ruled unconstitutional the short-run move in gas prices is to the downside.

if qe3 is a trillion dollars (keep in mind there are only 540 billion dollars in 10+ years that the fed hasn't bought), the market does nothing. if any the esm is ruled unconstitutional and/or qe3 is less than 1 trillion we will most likely see a decrease in gas prices. also keep in mind that obama may tap the reserves for political purposes.

please note this is all short term discussion, qe3 will not likely move gas to $5. will we ever have $5, $7, $9 gas with the current actions we keep taking? absolutely.
Anonymous Coward
User ID: 23459747
United States
09/09/2012 12:34 PM
Report Abusive Post
Report Copyright Violation
Re: Will QE3 result in $5 gas in the US
I hope so. The sooner this corrupted economy is destroyed the sooner we can rebuild to a free and prosperous economy.
Anonymous Coward
User ID: 1381155
United States
09/09/2012 12:35 PM
Report Abusive Post
Report Copyright Violation
Re: Will QE3 result in $5 gas in the US
I hope so. The sooner this corrupted economy is destroyed the sooner we can rebuild to a free and prosperous economy.
 Quoting: Anonymous Coward 23459747


+1000
Anonymous Coward
User ID: 22162470
United States
09/09/2012 12:41 PM
Report Abusive Post
Report Copyright Violation
Re: Will QE3 result in $5 gas in the US
qe3 is pretty much priced into the price of gas. will we see $5 gas by the end of the year? i doubt it, as transportation has been selling off. it would take a major middle east event to get it to move that far up.

if were gonna see any move it's to the downside (i'm speaking short term of course), china announced weak economic data last night, germany could rule against the esm this week (though unlikely) and the fed may not ease via another round of balance sheet expansion. most of these things are priced in, so should they not happen expect a sell off (coinciding with transports which are leading indicators)
 Quoting: Anonymous Coward 5944433


If you believe anything you wrote you are an un-educated fool !
 Quoting: Anonymous Coward 22162470


the market has moved 10% up the last few months on weak economic data on the anticipation of cb action. this move is worth ~$1 trillion in anticipated action.

given that inflation is keeping china from easing and europe's easing could be ruled unconstitutional the short-run move in gas prices is to the downside.

if qe3 is a trillion dollars (keep in mind there are only 540 billion dollars in 10+ years that the fed hasn't bought), the market does nothing. if any the esm is ruled unconstitutional and/or qe3 is less than 1 trillion we will most likely see a decrease in gas prices. also keep in mind that obama may tap the reserves for political purposes.

please note this is all short term discussion, qe3 will not likely move gas to $5. will we ever have $5, $7, $9 gas with the current actions we keep taking? absolutely.
 Quoting: Anonymous Coward 5944433


You act as if the market got there all by itself through the "Open & Free", honest price discovery free market system with no intervention from the PPT.

Everthing you see is an illusion created from a printing press. The price of oil must continue to increase through the demand of Petrodollars or the U.S. dollar will lose it's reserve currency status that it uses to influence and control the world.
Anonymous Coward
User ID: 23358923
United Kingdom
09/09/2012 12:45 PM
Report Abusive Post
Report Copyright Violation
Re: Will QE3 result in $5 gas in the US
I remember some dickhead hipster yank proclaiming the US would never have $4 gas because it would crash the worlds economy.

He was full of shit then and the $5 gas is just an inch away.


Enjoy it you retards
Anonymous Coward
User ID: 14398639
United States
09/09/2012 12:46 PM
Report Abusive Post
Report Copyright Violation
Re: Will QE3 result in $5 gas in the US
Doom back on!

popcorn
Anonymous Coward
User ID: 8647570
United States
09/09/2012 12:49 PM
Report Abusive Post
Report Copyright Violation
Re: Will QE3 result in $5 gas in the US
It's already $4.69 here on the coast in Orange County, CA. So, if nationwide average goes up to $5 for regular gas, it'll be $8+ here...California dreaming...
Anonymous Coward
User ID: 20220748
United States
09/09/2012 12:50 PM
Report Abusive Post
Report Copyright Violation
Re: Will QE3 result in $5 gas in the US
Doom back on!

popcorn
 Quoting: Anonymous Coward 14398639


Indeed....I just bought my bug-out-bike, I knew this was going to happen.

[link to en.wikipedia.org]
Anonymous Coward
User ID: 1072087
United States
09/09/2012 12:51 PM
Report Abusive Post
Report Copyright Violation
Re: Will QE3 result in $5 gas in the US
With QE3 the money will go into commodities, gold, silver will rise, as will gasoline. Will we see $5 gas by end of FY13 Q2?
 Quoting: Anonymous Coward 12698388


Go overseas, its $8 a Liter in many Countries
PhennommennonnModerator
Senior Forum Moderator

09/09/2012 12:52 PM

Report Abusive Post
Report Copyright Violation
Re: Will QE3 result in $5 gas in the US
yeah just in time for my beach vacation.

looks like the suvs stayn parked.

ill have to travel via the car.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
The Queen Of Mean / VENOMmennonn

*Dont fuck with me; ill jump on my menstrual cycle & run your ass over ;)
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Every closed eye is not sleeping, and every open eye is not seeing
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
The universe responds NOT to what you want.....it responds to what you are being.......are you being what you want?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
the karma cafe has no menus. you get served what you deserve
~~~~~~~~~~~~~~~~~~~~~~~~~~~~

political correctness is a doctrine.... fostered by a delusional, illogical minority...... and rabidly promoted by an unscrupulous mainstream media; which holds forth the proposition that it is entirely possible to pick up a turd by the clean end.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Visit The Official GLP Store
[link to www.cafepress.com]

~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Subscribe to TheRawFeedLive On YouTube
[link to youtube.com]
~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Become a member & subscribe to the GLPVC Podcast
[link to members.therawfeedlive.com]

~~~~~~~~~~~~~~~~~~~~~~~~~~~~
FREEDOM OF SPEECH:
Alan Isaacman
The People Vs Larry Flynt
"Ladies and gentlemen of the jury, you've heard a lot here today and I won't try to go back over it all. But you have to go back in that room and make some decisions and there is one thing I want to make very clear to you before you do. I'm not trying to convince you that you should like what Larry Flynt does. I don't like what he does. But what I do like is... that I live in a country... where you and I can make that decision for ourselves. I like that I live in a country where I can pick up Hustler magazine... read it if I want... or throw it in the trash, if that's where I think it belongs. Or better yet I can express my opinion by not buying it. I like that right. I care about it. And you should care about it, too... because we live in a free country. We say that a lot, but sometimes we forget what that means, so listen again. We live in a free country. That is a powerful idea. That's a magnificent way to live. But there is a price for that freedom, which is that sometimes... we have to tolerate things that we don't necessarily like. So go back in that room... where you are free to think whatever you want to think... about Larry Flynt and Hustler magazine. But then ask yourselves if you want to make that decision for the rest of us... because the freedom that everyone in this room enjoys... is, in a very real way, in your hands. If we start throwing up walls against what some of us think is obscene... we may wake up one morning and realize... that walls have been thrown upin places we never expected... and we can't see anythingor... do anything. And that's not freedom. That is not freedom. So, be careful. Thank you."
VIDEO: [link to youtu.be]

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Saddletramp
We Don't Rent Pigs...

User ID: 740874
United States
09/09/2012 01:24 PM

Report Abusive Post
Report Copyright Violation
Re: Will QE3 result in $5 gas in the US
qe3 is pretty much priced into the price of gas. will we see $5 gas by the end of the year? i doubt it, as transportation has been selling off. it would take a major middle east event to get it to move that far up.

if were gonna see any move it's to the downside (i'm speaking short term of course), china announced weak economic data last night, germany could rule against the esm this week (though unlikely) and the fed may not ease via another round of balance sheet expansion. most of these things are priced in, so should they not happen expect a sell off (coinciding with transports which are leading indicators)
 Quoting: Anonymous Coward 5944433


If you believe anything you wrote you are an un-educated fool !
 Quoting: Anonymous Coward 22162470


the market has moved 10% up the last few months on weak economic data on the anticipation of cb action. this move is worth ~$1 trillion in anticipated action.

given that inflation is keeping china from easing and europe's easing could be ruled unconstitutional the short-run move in gas prices is to the downside.

if qe3 is a trillion dollars (keep in mind there are only 540 billion dollars in 10+ years that the fed hasn't bought), the market does nothing. if any the esm is ruled unconstitutional and/or qe3 is less than 1 trillion we will most likely see a decrease in gas prices. also keep in mind that obama may tap the reserves for political purposes.

please note this is all short term discussion, qe3 will not likely move gas to $5. will we ever have $5, $7, $9 gas with the current actions we keep taking? absolutely.
 Quoting: Anonymous Coward 5944433


Did you just say China won't move for fear of inflation?!?!?

Where were you two weeks ago...when they moved!!!

[link to www.businessinsider.com]
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Anonymous Coward
User ID: 23465352
United States
09/09/2012 01:30 PM
Report Abusive Post
Report Copyright Violation
Re: Will QE3 result in $5 gas in the US
With QE3 the money will go into commodities, gold, silver will rise, as will gasoline. Will we see $5 gas by end of FY13 Q2?
 Quoting: Anonymous Coward 12698388


Wake up, it's already 5 in Kali so u mean 8?
Anonymous Coward
User ID: 5944433
United States
09/09/2012 01:37 PM
Report Abusive Post
Report Copyright Violation
Re: Will QE3 result in $5 gas in the US
qe3 is pretty much priced into the price of gas. will we see $5 gas by the end of the year? i doubt it, as transportation has been selling off. it would take a major middle east event to get it to move that far up.

if were gonna see any move it's to the downside (i'm speaking short term of course), china announced weak economic data last night, germany could rule against the esm this week (though unlikely) and the fed may not ease via another round of balance sheet expansion. most of these things are priced in, so should they not happen expect a sell off (coinciding with transports which are leading indicators)
 Quoting: Anonymous Coward 5944433


If you believe anything you wrote you are an un-educated fool !
 Quoting: Anonymous Coward 22162470


the market has moved 10% up the last few months on weak economic data on the anticipation of cb action. this move is worth ~$1 trillion in anticipated action.

given that inflation is keeping china from easing and europe's easing could be ruled unconstitutional the short-run move in gas prices is to the downside.

if qe3 is a trillion dollars (keep in mind there are only 540 billion dollars in 10+ years that the fed hasn't bought), the market does nothing. if any the esm is ruled unconstitutional and/or qe3 is less than 1 trillion we will most likely see a decrease in gas prices. also keep in mind that obama may tap the reserves for political purposes.

please note this is all short term discussion, qe3 will not likely move gas to $5. will we ever have $5, $7, $9 gas with the current actions we keep taking? absolutely.
 Quoting: Anonymous Coward 5944433


Did you just say China won't move for fear of inflation?!?!?

Where were you two weeks ago...when they moved!!!

[link to www.businessinsider.com]
 Quoting: Saddletramp


i said they wouldn't ease, e.g. a rate cut. western media keeps believing the chinese will cut rates like the west, but they can't because they have to feed 1 billion people. they ease, the cost of feeding all those people increases, basically netting out any benefit of easing (if not a creating a negative effect).

a 150 billion dollar infrastructure plan is minimal in comparison to the unlimited bond buying the draghi wants to do and the 2 trillion + qe3 the fed wants to do.

just watch the asian markets tonight, they are going to drop on last evenings chinese economic data.
birdbrain
User ID: 23464278
United Kingdom
09/09/2012 01:38 PM
Report Abusive Post
Report Copyright Violation
Re: Will QE3 result in $5 gas in the US
bollox today, shit tomorrow
Deej

User ID: 23383220
United States
09/09/2012 01:41 PM
Report Abusive Post
Report Copyright Violation
Re: Will QE3 result in $5 gas in the US
doomface
No matter what happens... just say "Thank You." - D W Fierce
Meggarea

User ID: 1585244
United States
09/09/2012 01:42 PM
Report Abusive Post
Report Copyright Violation
Re: Will QE3 result in $5 gas in the US
I paid $4.29 a gallon last week.
Anonymous Coward
User ID: 21599728
United States
09/09/2012 01:44 PM
Report Abusive Post
Report Copyright Violation
Re: Will QE3 result in $5 gas in the US
With QE3 the money will go into commodities, gold, silver will rise, as will gasoline. Will we see $5 gas by end of FY13 Q2?
 Quoting: Anonymous Coward 12698388


Go overseas, its $8 a Liter in many Countries
 Quoting: Anonymous Coward 1072087


60% of that is taxes from their governments.
Anonymous Coward
User ID: 5944433
United States
09/09/2012 01:45 PM
Report Abusive Post
Report Copyright Violation
Re: Will QE3 result in $5 gas in the US
qe3 is pretty much priced into the price of gas. will we see $5 gas by the end of the year? i doubt it, as transportation has been selling off. it would take a major middle east event to get it to move that far up.

if were gonna see any move it's to the downside (i'm speaking short term of course), china announced weak economic data last night, germany could rule against the esm this week (though unlikely) and the fed may not ease via another round of balance sheet expansion. most of these things are priced in, so should they not happen expect a sell off (coinciding with transports which are leading indicators)
 Quoting: Anonymous Coward 5944433


If you believe anything you wrote you are an un-educated fool !
 Quoting: Anonymous Coward 22162470


the market has moved 10% up the last few months on weak economic data on the anticipation of cb action. this move is worth ~$1 trillion in anticipated action.

given that inflation is keeping china from easing and europe's easing could be ruled unconstitutional the short-run move in gas prices is to the downside.

if qe3 is a trillion dollars (keep in mind there are only 540 billion dollars in 10+ years that the fed hasn't bought), the market does nothing. if any the esm is ruled unconstitutional and/or qe3 is less than 1 trillion we will most likely see a decrease in gas prices. also keep in mind that obama may tap the reserves for political purposes.

please note this is all short term discussion, qe3 will not likely move gas to $5. will we ever have $5, $7, $9 gas with the current actions we keep taking? absolutely.
 Quoting: Anonymous Coward 5944433


You act as if the market got there all by itself through the "Open & Free", honest price discovery free market system with no intervention from the PPT.

Everthing you see is an illusion created from a printing press. The price of oil must continue to increase through the demand of Petrodollars or the U.S. dollar will lose it's reserve currency status that it uses to influence and control the world.
 Quoting: Anonymous Coward 22162470


you're putting words into my mount, i never once said its open & free price discovery. is the ppt intervening? probably not directly. most of this run up is a melt up on low volume from algo buying the jawboning easing from bernanke and draghi's mouths.

you're going to start seeing growth problems and a slowing of the economy due to high energy costs. this will keep the fed from a massive qe (1 trillion between euro and us combined is already priced in). the last thing they want is to do a shock and awe and spike the price of gas before the election.

while obama could certainly tap the reserves, the move would look political and he probably does not want that publicity.

News








We're dropping truth bombs like it's the end of days!