Oil < $70. Gas < $3 . Exxon can't be happy. - GoFuckYourself.com

ADL Colin · 10-16-2008, 10:46 AM

Are the oil conspiracy theories dead? Somehow I doubt it.

xmas13 · 10-16-2008, 10:51 AM

Some GFYers must be much in debt after losing on Google, real estate, the USD, oil, and what not.

Oracle Porn · 10-16-2008, 10:53 AM

its funny how oil prices dropped almost in half yet my pump prices haven't

pr0 · 10-16-2008, 10:54 AM

they were just price shocking with gas

i also think the market "troubles" are artificial as well

Scott McD · 10-16-2008, 10:56 AM

Quote:

Originally Posted by Oracle Porn

its funny how oil prices dropped almost in half yet my pump prices haven't

It said that on the news here yesterday. The cost is around half it was in the summer, yet the price drop we get at the pumps is nowhere near that !

xmas13 · 10-16-2008, 11:02 AM

Ride a bike.

Yesterday's cost: $0.00

Today's cost: $0.00

xmas13 · 10-16-2008, 11:04 AM

And for those who don't want to ride a bike, there is public transport.

woj · 10-16-2008, 11:04 AM

They probably make more $$ now then ever, costs are close to half, but the price at the pump is nowhere close to that...

GetSCORECash · 10-16-2008, 11:07 AM

they are makeing less, look at the most recent financials, they are down 5 billion, I believe. Don't you feel sorry for them...?

Oh and they paid out 14 Billion in world wide taxes, so in bailout we gave them another tax cut... again don't you feel sorry for them...?

ADL Colin · 10-16-2008, 11:34 AM

Oil prices increased faster than gas prices on the way up. If gas had increased as much as oil then the price at the pump would have been US $6.00.

If you remember the refineries were reporting lower profits because of this.

Here is a quote from an article back in June.

"Companies that refine oil to produce gasoline and other products have been struggling to pass soaring crude price on to their customers. While oil in the U.S. has nearly doubled in the second quarter, gasoline prices are up only 25.0%."

Here is the data.

Source: http://tonto.eia.doe.gov/dnav/pet/pet_pri_top.asp

Gas crude
Jun 310 67.49
Jul 301.3 74.12
Aug 283.3 72.36
Sep 283.9 79.91
Oct 284.3 85.8
Nov 311.8 94.77
Dec 306.9 91.69
Jan 309.6 92.97
Feb 308.3 95.39
Mar 330.7 105.45
Apr 349.1 112.58
May 381.3 125.4
Jun 411.5 133.88
Jul 414.2 133.37

You can see here that oil almost doubled from June til August while gasoline only increased by about 34% for the same period.

BradM · 10-16-2008, 11:46 AM

The oil spike was calculated and intentional.

Lane · 10-16-2008, 12:00 PM

it was a commodity futures bubble

pr0 · 10-16-2008, 12:10 PM

Quote:

Originally Posted by Lane

it was a commodity futures bubble

which is another word for "rich guys orchestrating a artificial huge spike in product cost"

sorta like Enron & the California blackout, but on a worldwide scale

KillerK · 10-16-2008, 12:20 PM

Gas needs to be like $6-7 a gallon so the freeways are empty

pr0 · 10-16-2008, 12:25 PM

Quote:

Originally Posted by KillerK

Gas needs to be like $6-7 a gallon so the freeways are empty

I would actually be happy with that.....only it would drop sales for all of us.

Remember, rich people, rely on poor people to get rich

Brad Mitchell · 10-17-2008, 10:24 AM

$70 barrel is great news! Viva la $35/barrel

Brad

10-16-2008, 10:46 AM	#1
ADL Colin Too lazy to set a custom title Join Date: Feb 2001 Location: Tube Titans, USA Posts: 11,929	Oil < $70. Gas < $3 . Exxon can't be happy. Are the oil conspiracy theories dead? Somehow I doubt it. __________________ Adult Date Link - $50 PPS starting NOW! -- good and JUICY! skype = "adultdatelink"

10-16-2008, 10:51 AM	#2
xmas13 Confirmed User Join Date: Dec 2004 Location: GFY Posts: 5,176	Some GFYers must be much in debt after losing on Google, real estate, the USD, oil, and what not. __________________ ICQ 557504926

10-16-2008, 10:53 AM	#3
Oracle Porn Affiliate Industry Role: Join Date: Oct 2002 Location: Icq: 94-399-723 Posts: 24,433	its funny how oil prices dropped almost in half yet my pump prices haven't __________________

10-16-2008, 10:54 AM	#4
pr0 rockin tha trailerpark Industry Role: Join Date: May 2001 Location: ~Coastal~ Posts: 23,088	they were just price shocking with gas i also think the market "troubles" are artificial as well __________________ __________ Loadedca$h - get sum! - Revengebucks - mmm rebills! - webair (gotz sErVrz)

10-16-2008, 11:02 AM	#6
xmas13 Confirmed User Join Date: Dec 2004 Location: GFY Posts: 5,176	Ride a bike. Yesterday's cost: $0.00 Today's cost: $0.00 __________________ ICQ 557504926

10-16-2008, 11:04 AM	#7
xmas13 Confirmed User Join Date: Dec 2004 Location: GFY Posts: 5,176	And for those who don't want to ride a bike, there is public transport. __________________ ICQ 557504926

10-16-2008, 11:04 AM	#8
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	They probably make more $$ now then ever, costs are close to half, but the price at the pump is nowhere close to that... __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

10-16-2008, 11:07 AM	#9
GetSCORECash Confirmed User Industry Role: Join Date: Mar 2008 Location: Miami Posts: 5,527	they are makeing less, look at the most recent financials, they are down 5 billion, I believe. Don't you feel sorry for them...? Oh and they paid out 14 Billion in world wide taxes, so in bailout we gave them another tax cut... again don't you feel sorry for them...? __________________ \| skype: getscorecash \| ICQ: 59-271-063 \| New Sites: \| SCORELAND2 \| Roku Channel SCORETV.TV \| 60PLUSMILFS \| \| Big Tit Hooker \| Tits And Tugs \| Big Boobs POV \| Karla James \| \| Naughty Foot Jobs \| Linsey's World \| Busty Arianna Sinn \| Get SCORE Cash \|

10-16-2008, 11:34 AM	#10
ADL Colin Too lazy to set a custom title Join Date: Feb 2001 Location: Tube Titans, USA Posts: 11,929	Oil prices increased faster than gas prices on the way up. If gas had increased as much as oil then the price at the pump would have been US $6.00. If you remember the refineries were reporting lower profits because of this. Here is a quote from an article back in June. "Companies that refine oil to produce gasoline and other products have been struggling to pass soaring crude price on to their customers. While oil in the U.S. has nearly doubled in the second quarter, gasoline prices are up only 25.0%." Here is the data. Source: http://tonto.eia.doe.gov/dnav/pet/pet_pri_top.asp Gas crude Jun 310 67.49 Jul 301.3 74.12 Aug 283.3 72.36 Sep 283.9 79.91 Oct 284.3 85.8 Nov 311.8 94.77 Dec 306.9 91.69 Jan 309.6 92.97 Feb 308.3 95.39 Mar 330.7 105.45 Apr 349.1 112.58 May 381.3 125.4 Jun 411.5 133.88 Jul 414.2 133.37 You can see here that oil almost doubled from June til August while gasoline only increased by about 34% for the same period. __________________ Adult Date Link - $50 PPS starting NOW! -- good and JUICY! skype = "adultdatelink"

10-16-2008, 11:46 AM	#11
BradM Confirmed User Join Date: Dec 2003 Location: 1123,6536,5231 Posts: 3,397	The oil spike was calculated and intentional.

10-16-2008, 12:00 PM	#12
Lane Will code for food... Join Date: Apr 2001 Location: Buckeye, AZ Posts: 8,496	it was a commodity futures bubble __________________

10-16-2008, 12:20 PM	#14
KillerK Confirmed User Join Date: May 2008 Posts: 3,406	Gas needs to be like $6-7 a gallon so the freeways are empty

10-17-2008, 10:24 AM	#16
Brad Mitchell Confirmed User Industry Role: Join Date: Nov 2001 Location: Southfield, MI Posts: 9,812	$70 barrel is great news! Viva la $35/barrel Brad __________________ President at MojoHost \| brad at mojohost dot com \| Skype MojoHostBrad 71 industry awards for hosting and professional excellence since 1999