$150.00 a Barrel.......
 

Oil is currently at 146+ a barrel. 150 is only a matter of days if not today

whats next 170? 200?

market may get a serious hammering today

:(

Time to start investing in horses. :2 cents:


http://englishrussia.com/images/car.jpg

Fannie and freddie open down almost 50% each

we are definitively reaching a freakishly dangerous threshold ....

serious horsepower

I feel bad for the truckers who have to live off of just their one truck and the loads they haul

with diesel prices what they are they cant be making much money any more

it's time for these morons in our governments to start funding alternate fuel sources' research, but they're making too much money from the oil spiking prices, so forget about getting any help from them. We're on our own

There was a lengthly report last week on the news showing how many truckers had just parked their trucks in their driveways or walked away and let the banks repossess'em.

Cheaper to do that than try and work. Remember too, 'if you own it, it was trucked.' Wait until foods not being delivered to markets.

BTW, my brother's closed his once successful charter fishing service and my gardner is going out of business as well, all due to high fuel costs.

We're in a hellva mess.

And the people running this country dont care, because it does not effect them.

From 800M to 9000M in 300 years.

http://en.wikipedia.org/wiki/World_population

I like higher gas prices

Im going fishing on lake erie in august. I usually have 10 charter guys to choose from for this trip this year there are 4

this economy is in some serious trouble

Yep, last year to fill up his tank was around $400. Now it's over $1000. Plus, most charters are tourist based and when people cut back on travel, well...

thats all well and good but any alternative fuels are a decade away minimum

this is an immediate crisis that needs to be addressed now

exactly. its not just the cost of the fuel the charters have to pay. Im paying 550-750 for a full day run. In this economy not many people are willing to buck up that kind of cash to go fishing when everything they are buying just to live day to day is going up in price

Uranium, coal, gas, oil, iron ore, bauxite, copper, platinum, gold, silver, nickel...etc.

http://www.cbsnews.com/stories/2008/...n4234136.shtml
BHP Billiton And China's Baosteel Agree On Iron Ore Price Rise Of Up To 96.5 Percent.

Poor horse!!

ya since the government did such a good job controlling oil prices the first thing I think of is they should start funding something else :1orglaugh Hows your ethanol going? fail... Please keep the government out of this.

Let the market work here. With these prices people will WANT to buy other things. And will be looking for cars like the air car that is coming out next year. And more car companies will be following benz lead and will start to create cars that do not run on gas. :2 cents:

buy more hummers and suvs!!!!! real pimps (like the ones posting on this board) don't care about fuel charges.

God Bless America:thumbsup

http://www.artie.com/patriotic/arg_us_flag.gif

True, but if we don't look towards the future anything we do now will just be a band-aid and will make it even worse down the road. Say we found some miracle way to get gas down to $2.50 a gallon. Great. The problem is it won't last and many people become content with the current situation and stop looking forward.

Every president since I can remember has talked about developing alternative energy sources and none have done. Now we need something dramatically. If we just do something short term and don't develop a long term strategy we are going to be even more screwed down the road.

Right now we are paying for all the years when we were content and did nothing. It sucks, but hopefully we will do something about it.

Yep, the market is speaking. SUV and truck sales are in a free fall because people are buying cheaper more fuel efficient cars. When push comes to shove people will decide what is best for them. I remember when I was a kid in the 80's have a car that got great gas mileage was a point of pride. Then in the 90's that changed. The car companies convinced all the soccer moms that they needed SUVs and now those same families are the ones that are hurting from gas prices and are looking to sell the SUV and buy something more efficient and the car companies were not ready for the switch so they are really hurting.

There could be some really bad times on the horizon if things don't start changing and our leaders don't alter their thinking.

Check out oil expert Matt Simmons take on the subject on CNBC and draw your own conclusions.

Much of what this guy has said in the past has come to pass. I hope he is wrong, but fear he maybe right...

https://youtube.com/watch?v=rkzETN8qfzw