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-   Fucking Around & Business Discussion (https://gfy.com/forumdisplay.php?f=26)
-   -   Barrel of Oil closes at 125.96, UP 2.67 per barrel. ALL TIME HIGH! (https://gfy.com/showthread.php?t=827540)

acratophorum 05-10-2008 02:50 PM
just to clarify...Not saying you're wrong...just saying that you can bet on it if you wanted to

IllTestYourGirls 05-10-2008 03:38 PM
Same here man, zero debt living is fine with me right now. :thumbsup

Quote:
Originally Posted by A1R3K (Post 14172365)
Well, I am not the norm. I have ZERO debt. I learned early that debt is trouble. I have rent, utilities, and my cell phone. FUCK DEBT! I have liquid income. I will never buy anything in this economy. If it gets much worse I am moving to a country where the economy is better.

I owe shit here!

papill0n 05-10-2008 05:03 PM
supply and demand

oil is a limited product and will only ever increase in price

s9ann0 05-10-2008 05:05 PM
Quote:
Originally Posted by GatorB (Post 14173938)
Apples and oranges. Americans have to drive further. We don't have much public transportation. NONE in my area.

Also you are doing the math wrong. A person in the UK is paying 4.39 Euros per gallon of gas. A person in the US is paying about $4 for a gallon of gas. If the UK person was making 40,000 euros and the US person was making $40,000 when the dollar and euro were worth the same the UK person is now making the equivalent of $64,000 a year. So the difference isn't nearly as bad as you are making it out to be.
UK doesn't have the euro you cock and the math is correct!

http://www.petrolprices.com/
Average: 110.8p per LITRE

1 US gallon = 3.78541178 litres

110.8 x 3.78541178 = 419.423625224

4.19 Sterling = $8.17 converted at http://www.xe.net/

do you think that in UK to work someones wage out they look at what they make in the US and change the symbol to our currency?!

US average wage 2006: $38,651
UK average wage 2007: &#163;23,244

if the dollar wasn't at an all time low theres realy not much in it


People in uk drive small 30mpg 4 bangers and TDI's where people in USA drive 10mpg F150's and whine about gas prices!!!

StuartD 05-10-2008 06:46 PM
Quote:
Originally Posted by RageCash-Ben (Post 14174663)
supply and demand

oil is a limited product and will only ever increase in price
ya right.

IllTestYourGirls 05-10-2008 06:51 PM
Oil is stable in relation to gold price. Supply and demand has little to do with the price of oil. It is the falling dollar that has oil so high. If the dollar was stable a gallon of gas should be around $1.50 to $2ish. Gas price is the best indicator for the true inflation rate. That is why the fed does not use gas price in calculating inflation so they can hide the cold reality. :2 cents:

Quote:
Originally Posted by RageCash-Ben (Post 14174663)
supply and demand

oil is a limited product and will only ever increase in price

seeric 05-10-2008 07:13 PM
Quote:
Originally Posted by TheJimmy (Post 14172821)
Hey homie...doesn't it kinda make you get all reminescent on doing a tour of duty at Homestead AFB, FL?

I still gotta dig up the pictures of my pimp blue 70' Monte Carlo that got fragged by Hurricane Andrew....I miss those crushed blue velvet seats...p i m p t a s t i c


w0rd
uP

-TJ
I would love to see that.



Quote:
Originally Posted by StuartD (Post 14173011)
All time high?
Uhmm... with the exception of a few days here and there, I think oil has been hitting all new highs every day for a few years now.

Yes. All time high. Highest price that a barrel has ever been in history. It hasn't been hitting highs every day. Do you follow this?

seeric 05-10-2008 07:14 PM
Quote:
Originally Posted by acratophorum (Post 14174434)
just to clarify...Not saying you're wrong...just saying that you can bet on it if you wanted to
:)

I like being wrong. Matter of fact, I wish I was wrong on this.

:1orglaugh


:winkwink:

GetSCORECash 05-10-2008 07:30 PM
Gas is now $4.09 in Miami.

DWB 05-10-2008 08:05 PM
Quote:
Originally Posted by A1R3K (Post 14172365)
Well, I am not the norm. I have ZERO debt. I learned early that debt is trouble. I have rent, utilities, and my cell phone. FUCK DEBT! I have liquid income. I will never buy anything in this economy. If it gets much worse I am moving to a country where the economy is better.

I owe shit here!
That is where the real problem starts unless you are earning something else other than the USD. You then have to worry about how the USD holds up against the new currency in the country you reside, and all over the world it is losing. It's getting a LOT more expensive for expats to earn USD and live abroad.

Of course the price of oil and food is rising on a global scale so you're going to feel the pinch regardless of where you are. However, you would feel it even worse when you move out of the USA because the dollar is so weak now. Though, if you earn in a strong currency, don't sweat it and MOVE TODAY!!!


Quote:
Originally Posted by IllTestYourGirls (Post 14172299)
it is not just our dependency on oil that has fucked us. It is our dependency on debt both personally and in the government. We are looking at the symptoms and not the disease.
Quoted for truth.

AlienQ - BANNED FOR LIFE 05-11-2008 01:18 AM
Quote:
Originally Posted by RageCash-Ben (Post 14174663)
supply and demand

oil is a limited product and will only ever increase in price
Idiot...

Bojangles 05-11-2008 01:20 AM
Grrrrreat.

seeric 05-12-2008 11:26 AM
Monday bumpsky for conversky more peoply.


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