Ok someone tell this idiot.... Why the fuck has oil dropped in price?

Bring back Headless Live

fuck you n00b

Tell them Jason sent ya

HAHAHAHAHA

now thats what i call obessed!!!!!!!!!!!!

Dude your show was fun.... bring it back

Play S.I.N for meeeeeeeeeeee

see above youtube video

Demand has dropped yes, but the prices are still artificial and manipulated. Why complain when you could be making investments of a lifetime while driving around on cheap fuel... for now.


why is gold dropping or even trading fairly sideways right now when it's seems to have had the perfect storm?? same thing, paper gold market manipulation, it won't last forever but its a great fucking opp to invest right now. You can't just print money day and night and get away without some serious inflation, as well you think they give a fuck about unemployment rates at all time highs, nope, its just another thing they lie about (actual numbers are higher) to help fight inflation...it's a dirty dirty game, everyone complaining won't change a thing, just try and find the opportunities of a lifetime and take advantage...

Then there's theexploding budget deficit and the ballooning bailout commitments of theU.S. Treasury. By my count the U.S. government has loaned, invested orcommitted ...

* $200 billion to nationalize the world's two largest mortgage companies, Fannie Mae and Freddie Mac;

* $25 billion for the Big Three auto manufacturers;

* $29 billion for Bear Stearns;

* $150 billion for AIG;

* $350 billion for Citigroup;

* $300 billion for the Federal Housing Administration rescue bill to refinance bad mortgages;

* $87 billion to pay back JPMorgan Chase for bad Lehman Brothers trades;

* $200 billion in loans to banks under the Fed's Reserve Term Auction Facility (TAF);

* $50 billion to support short-term corporate IOUs held by money market mutual funds;

* $500 billion to rescue various credit markets;

* $620 billion for industrial nations, including the Bank of Canada, Bank of England, Bank of Japan, National Bank of Denmark, European Central Bank, Bank of Norway, Reserve Bank of Australia, Bank of Sweden, and Swiss National Bank;

* $120 billion in aid for emerging markets, including the central banks of Brazil, Mexico, South Korea and Singapore;

* Trillions to guarantee the FDIC's new, expanded bank deposit insurance coverage from $100,000 to $250,000; plus ...

* More trillions for other sweeping guarantees.

The grand total? A mind-blowing $7.8 trillion and counting!

long explanation short. supply and demand.

A1r3k trying to explain that concept here in regards to any product is akin to teaching orangutanes algebra.

I hope it fucking stays low for a long time too.. but, no.. come spring it'll spike back up again

Well yes and no too, the real answer is, there is no short answer.

Hedge funds forced to deleverage, tax loss selling, demand drop, shorting.. it goes on and on.

Venezuela, Iran & Russia do not profit from oil at these prices and you can guarantee that they will come up with something to bring the prices back up. It's no mistake either the all 3 of the countries aren't exactly happy with the US right and are investing billions in physical bullion. It was also interesting which financial companies also were let go bankrupt in all this, must be coincidence that those countries had large sums of money invested in them as well and yet AIG getting their bailout package and they are one of the biggest institutions short on paper gold market among others shit. Its just a big game of manipulation and it can't last forever... people have been talking about Peter Schiff around here alot lately and rightfully so...

Was just talking to my son when he pointed out that this is the cheapest he has ever paid for gas since he started driving.

because no one has any money, so now they're charging what it's really worth.

Oil hit $10 in the 90's, don't forget.

I love the low gas prices!!!!

Headless youre a fucking retard, seriously. You are like the stereo type american. I saw another one like you btw in a GM thread. A fucking moron saying 'oooh gm is being made in mexico, its not a real american car anymore' boohoo! Jesus christ who cares motherfucker! Who fucking CARES! The fucking car industry got a nice injection and thats what the fuck its all about.

Your son is unfortunate.

Went down again.. saw a station earlier today at $1.61

I'm hoping for $1.00 a gallon soon.. then I can fill up 50gal drums and store them for later when it goes back up again.

i wouldn't complain about it! i love filling my car up for 25 bucks!

+1 ... invest in oil now, laugh all the way to the bank in 1-3 years with easily doubling your money

Well ya...Bush is almost out, he cashed in his chips....

it is understandable in terms of demand and supply + other important external influences... such as ... whenever the US starts talking about energy independence the OPEC cartel pulls back a lil and tries to lower their revenues... but once people forget about all this shit they just lower the supply and if you can't figure out what happens to price when the supply drops... well....

It's that low because they are trying to break the oil rich countries. You can't have countries making money when they want to break everyone to introduce the new monetary system.

Doesn't petrol go rancid after a certain time?

yes, after about 3weeks it starts to go bad if a fuel stabilizier hasnt been added for storage

you the man onwebcam

someones been listening to Lindsay Williams did you hear him predict on the radio oil would drop down to $50 (and it did) All part of the New World Orders big plan.

the people who control the price are trying to bankrupt the middle east