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Crude Oil Tanking! UPDATE IN A FREE FALL 74.29!!!

 
Anonymous Coward
User ID: 64740199
United States
11/03/2014 05:30 PM
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Re: Crude Oil Tanking! UPDATE IN A FREE FALL 74.29!!!
People are saying they do this before an election and that it will go back up once the people give their "consent."
sideways
 Quoting: Anonymous Coward 64740199


hesright damn it
 Quoting: Anonymous Coward 64532988


:MFright:
 Quoting: Sandpoint Idaho


hesright
 Quoting: No More Lies


youknow
Nautica  (OP)

User ID: 46701224
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11/03/2014 05:30 PM
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Re: Crude Oil Tanking! UPDATE IN A FREE FALL 74.29!!!
I think this is to piss russia off.. maybe WW3 is the real doom who knows
Anonymous Coward
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11/03/2014 05:31 PM
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Re: Crude Oil Tanking! UPDATE IN A FREE FALL 74.29!!!
People are saying they do this before an election and that it will go back up once the people give their "consent."
sideways
 Quoting: Anonymous Coward 64740199


It will go back up plus some after the election.
beeches

User ID: 28167778
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11/03/2014 05:31 PM

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Re: Crude Oil Tanking! UPDATE IN A FREE FALL 74.29!!!
I commute an hour each way to work. Haven't had a raise in 7 years.... this is like extra money in my pocket....
 Quoting: Threelittlelambs


that's a long time!
Liberalism is totalitarianism with a human face – Thomas Sowell
Anonymous Coward
User ID: 373696
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11/03/2014 05:32 PM
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Re: Crude Oil Tanking! UPDATE IN A FREE FALL 74.29!!!
I commute an hour each way to work. Haven't had a raise in 7 years.... this is like extra money in my pocket....
 Quoting: Threelittlelambs


You need a better job, and probably a better place to live.
Anonymous Coward
User ID: 25839443
United States
11/03/2014 05:33 PM
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Re: Crude Oil Tanking! UPDATE IN A FREE FALL 74.29!!!
Do we think a bailout might be in store for American oil companies? Some of these companies are too big to fail, not to mention the multi-directional trickle effect when large numbers of small oil companies go under. We'll most likely see some form of subsidization in the future if prices continue to decline. Big oil's collapse would send shock-waves through the American economy(globally as well), putting us right back to '08-'09 levels, if not beyond.
Anonymous Coward
User ID: 25839443
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11/03/2014 05:34 PM
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Re: Crude Oil Tanking! UPDATE IN A FREE FALL 74.29!!!
I commute an hour each way to work. Haven't had a raise in 7 years.... this is like extra money in my pocket....
 Quoting: Threelittlelambs


suicide
Nautica  (OP)

User ID: 46701224
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11/03/2014 05:36 PM
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Re: Crude Oil Tanking! UPDATE IN A FREE FALL 74.29!!!
People are saying they do this before an election and that it will go back up once the people give their "consent."
sideways
 Quoting: Anonymous Coward 64740199


It will go back up plus some after the election.
 Quoting: Anonymous Coward 64029126


No. Not true. Elections are rigged, campaigns are pointless other than a media stunt. Why would they care about gas prices, if they know they will win anyone? wake up
Anonymous Coward
User ID: 3688508
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11/03/2014 05:36 PM
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Re: Crude Oil Tanking! UPDATE IN A FREE FALL 74.29!!!
Low crude oil prices just make wall street richer. Either way, they won't lower prices at the pump, so all those oil imports = more profit for them.
Anonymous Coward
User ID: 50115627
United States
11/03/2014 05:37 PM
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Re: Crude Oil Tanking! UPDATE IN A FREE FALL 74.29!!!
People are saying they do this before an election and that it will go back up once the people give their "consent."
sideways
 Quoting: Anonymous Coward 64740199


people are stupid and wrong.
Anonymous Coward
User ID: 3688508
United States
11/03/2014 05:38 PM
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Re: Crude Oil Tanking! UPDATE IN A FREE FALL 74.29!!!
I'm loving this shit! I paid 2.99 per gallon! 5a
 Quoting: Chip


That has been the price for months. Nothing has changed here.
Nautica  (OP)

User ID: 46701224
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11/03/2014 05:38 PM
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Re: Crude Oil Tanking! UPDATE IN A FREE FALL 74.29!!!
Low crude oil prices just make wall street richer. Either way, they won't lower prices at the pump, so all those oil imports = more profit for them.
 Quoting: Anonymous Coward 3688508


No.... Gas prices have been going down alot.
Anonymous Coward
User ID: 50115627
United States
11/03/2014 05:38 PM
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Re: Crude Oil Tanking! UPDATE IN A FREE FALL 74.29!!!
Do we think a bailout might be in store for American oil companies? Some of these companies are too big to fail, not to mention the multi-directional trickle effect when large numbers of small oil companies go under. We'll most likely see some form of subsidization in the future if prices continue to decline. Big oil's collapse would send shock-waves through the American economy(globally as well), putting us right back to '08-'09 levels, if not beyond.
 Quoting: Anonymous Coward 25839443


they get a constant bailout via subsidies from the feds and the states.
Anonymous Coward
User ID: 3688508
United States
11/03/2014 05:39 PM
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Re: Crude Oil Tanking! UPDATE IN A FREE FALL 74.29!!!
Also, $3/gallon is FUCKING EXPENSIVE! Are you people insane?
Anonymous Coward
User ID: 60906342
United States
11/03/2014 05:39 PM
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Re: Crude Oil Tanking! UPDATE IN A FREE FALL 74.29!!!
Just keep telling yourselves there is no peak oil, there is no peak oil, there is no peak oil.

.
Anonymous Coward
User ID: 3688508
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11/03/2014 05:40 PM
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Re: Crude Oil Tanking! UPDATE IN A FREE FALL 74.29!!!
Low crude oil prices just make wall street richer. Either way, they won't lower prices at the pump, so all those oil imports = more profit for them.
 Quoting: Anonymous Coward 3688508


No.... Gas prices have been going down alot.
 Quoting: Nautica


Not where I'm at.
Anonymous Coward
User ID: 373696
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11/03/2014 05:42 PM
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Re: Crude Oil Tanking! UPDATE IN A FREE FALL 74.29!!!
Do we think a bailout might be in store for American oil companies? Some of these companies are too big to fail, not to mention the multi-directional trickle effect when large numbers of small oil companies go under. We'll most likely see some form of subsidization in the future if prices continue to decline. Big oil's collapse would send shock-waves through the American economy(globally as well), putting us right back to '08-'09 levels, if not beyond.
 Quoting: Anonymous Coward 25839443


they get a constant bailout via subsidies from the feds and the states.
 Quoting: Anonymous Coward 50115627


This^^^

Plus there's no concealing those profits. I don't doubt they'll ask for help, and some pols will try to give it to them, but most people will be outraged, and say so.
Anonymous Coward
User ID: 3688508
United States
11/03/2014 05:42 PM
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Re: Crude Oil Tanking! UPDATE IN A FREE FALL 74.29!!!
I'm loving this shit! I paid 2.99 per gallon! 5a
 Quoting: Chip


That has been the price for months. Nothing has changed here.
 Quoting: Anonymous Coward 3688508


Not in my neck o thee woods. I pay between 3.45 and 3.85 per gallon.
 Quoting: Chip


Either way, it's highway robbery.
thetrickybigguy

User ID: 56638406
United States
11/03/2014 05:44 PM

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Re: Crude Oil Tanking! UPDATE IN A FREE FALL 74.29!!!
People are saying they do this before an election and that it will go back up once the people give their "consent."
sideways
 Quoting: Anonymous Coward 64740199


hesright damn it
 Quoting: Anonymous Coward 64532988


MFright
 Quoting: Sandpoint Idaho


hesright
 Quoting: No More Lies


hesright
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Anonymous Coward
User ID: 64416629
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11/03/2014 05:44 PM
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Re: Crude Oil Tanking! UPDATE IN A FREE FALL 74.29!!!
Article from 2012 saying "They" don't mess with gas prices around elections

[link to www.inquisitr.com]


Some say it goes down because of transition to Winter grade Fuel, and other say "Because we are being "hosed" by the government and the oil companies who are in cahoots against us. I think that most of the people in the US government have stock in OPEC or something. I notice this practice all the time."
[link to answers.yahoo.com (secure)]

You can look years ago online that it sure seems to be around election when Fuel goes down, must just be by chance???
lastcent

User ID: 64274629
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11/03/2014 05:45 PM
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Re: Crude Oil Tanking! UPDATE IN A FREE FALL 74.29!!!
Who is flooding the market?
 Quoting: Astral Goat


we are to bankrupt russia
Look at the cawk on that dawg
Education is a process,not a result
Anonymous Coward
User ID: 29940555
United States
11/03/2014 05:45 PM
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Re: Crude Oil Tanking! UPDATE IN A FREE FALL 74.29!!!
Cost of oil goes down 25% but price at the pump goes down half of that.

Interesting double standards that the rich have.

Obviously ISIS taking over the major oil reserves of Iraq and them now producing millions of barrels of oil a day is helping rather than hurting the price at the pumps.

How convenient for ISIS and the Democrats!
 Quoting: Anonymous Coward 4456483


I think your toatally well partially wrong. Yes it benefits the rich. But high gas prices are to contol inflation and prices of other goods. The higher the price the less you have in your pocket right ?
You can't increase prices because you have less money to spend.
lastcent

User ID: 64274629
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11/03/2014 05:47 PM
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Re: Crude Oil Tanking! UPDATE IN A FREE FALL 74.29!!!
...


That has been the price for months. Nothing has changed here.
 Quoting: Anonymous Coward 3688508


Not in my neck o thee woods. I pay between 3.45 and 3.85 per gallon.
 Quoting: Chip


Either way, it's highway robbery.
 Quoting: Anonymous Coward 3688508


I think most civilized countries pay between 6 and 8 per gallon. We're not doing too bad even at the prices I mentioned.
 Quoting: Chip


yeah countries with little or no resources.
Look at the cawk on that dawg
Education is a process,not a result
Anonymous Coward
User ID: 670461
United States
11/03/2014 05:50 PM
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Re: Crude Oil Tanking! UPDATE IN A FREE FALL 74.29!!!
Could this have something to do with Iran/debka down?
 Quoting: rachel3108


No!!
Saudi Arabians fight about oil export with the US!!
OPEC is dumping the price to make fracking to costly
 Quoting: Limpan


And what we should do is unleash our strategic petroleum reserve to US refineries and at the same time ban imports from OPEC and drive the price of brent crude to $5/ barrel.


... Watch the middle east fucking implode.

Unleash just enough oil to stabilize a price for US producers. I give it a week.
ThaSaltineCracka

User ID: 50662444
United States
11/03/2014 05:51 PM
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Re: Crude Oil Tanking! UPDATE IN A FREE FALL 74.29!!!
I noticed yesterday that the local stewarts down the street from me switched over to non ethanol gas. More mpg for me!
BAN MONSANTO!
THE ANSWER TO 1984 IS 1776!
Anonymous Coward
User ID: 64809738
United States
11/03/2014 05:52 PM
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Re: Crude Oil Tanking! UPDATE IN A FREE FALL 74.29!!!
I'm loving this shit! I paid 2.99 per gallon! 5a
 Quoting: Chip


$2.75 in Central Texas bro.

cheers
Anonymous Coward
User ID: 29940555
United States
11/03/2014 05:53 PM
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Re: Crude Oil Tanking! UPDATE IN A FREE FALL 74.29!!!
Cost of oil goes down 25% but price at the pump goes down half of that.

Interesting double standards that the rich have.

Obviously ISIS taking over the major oil reserves of Iraq and them now producing millions of barrels of oil a day is helping rather than hurting the price at the pumps.

How convenient for ISIS and the Democrats!
 Quoting: Anonymous Coward 4456483


I think your toatally well partially wrong. Yes it benefits the rich. But high gas prices are to contol inflation and prices of other goods. The higher the price the less you have in your pocket right ?
You can't increase prices because you have less money to spend.
 Quoting: Anonymous Coward 29940555


Had to fix it.

I think your totally, well partially wrong. Yes, it benefits the rich but, high gas prices are to contol inflation and prices of other goods. The higher the price the less you have in your pocket right ?
You cant create any inflation because you have less to spend, save and invest.
You can't increase prices because you have less money to spend.
Combine that with money printed by electronic means and the price controls of the futures markets, with that printed money and you have what we have now, a totally currupt system.
Anonymous Coward
User ID: 64749213
United States
11/03/2014 05:55 PM
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Re: Crude Oil Tanking! UPDATE IN A FREE FALL 74.29!!!
I commute an hour each way to work. Haven't had a raise in 7 years.... this is like extra money in my pocket....
 Quoting: Threelittlelambs


Enjoy that extra $10!

You could buy a meal at McDonalds!
Anonymous Coward
User ID: 64740199
United States
11/03/2014 05:55 PM
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Re: Crude Oil Tanking! UPDATE IN A FREE FALL 74.29!!!
People are saying they do this before an election and that it will go back up once the people give their "consent."
sideways
 Quoting: Anonymous Coward 64740199


people are stupid and wrong.
 Quoting: Anonymous Coward 50115627


I know. There is not one thing their vote will change, other than they are not supposed to be able to bitch about the government once they give consent.
Anonymous Coward
User ID: 64809738
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11/03/2014 05:56 PM
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Re: Crude Oil Tanking! UPDATE IN A FREE FALL 74.29!!!
I commute an hour each way to work. Haven't had a raise in 7 years.... this is like extra money in my pocket....
 Quoting: Threelittlelambs


Enjoy that extra $10!

You could buy a meal at McDonalds!
 Quoting: Anonymous Coward 64749213


McDonalds doesn't serve meals!

5a





GLP