Crude Oil at 91 a barrel
I just noticed that Crude Oil went up yesterday to 91 a barrel. I wonder if it will stay up this time?
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Re: Crude Oil at 91 a barrel
Since this topic is relevant to the focus of this site, I'm moving out of the off-topic forum.
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Re: Crude Oil at 91 a barrel
many believe it will continue going up, while jobs and housing continue downward. related? somewhat.
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Re: Crude Oil at 91 a barrel
Our regular gasoline prices went from $2.80 a gallon to $3.00+ in about the last two weeks. Its like the vendors new that crude was on its way up?
Now I wonder if it will go past $3.25 a gallon in the next weeks to come. This gives me some incentive to get back on my fuel projects.;) |
Re: Crude Oil at 91 a barrel
Maybe I should snag a new Chevy Cruze ECO when they hit the streets in January, and sell it 6 months later for a profit when the dealers can't keep them in stock.
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Re: Crude Oil at 91 a barrel
Quote:
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Re: Crude Oil at 91 a barrel
Of course I'd drive it... but if I could re-sell it for a profit of a few thousand, that would buy a lot of gas for the Harley. Remember last time prices spiked? People were asking $5,000 for ragged out diesel Escorts.
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Re: Crude Oil at 91 a barrel
I typically see gas prices jump during high travel holidays. I hope prices at the pump drop a little after the holidays.
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Re: Crude Oil at 91 a barrel
I recall an economist on a news program saying that we have not had $3.00 a gallon gas at Christmas before....wondering if that's true, or if I heard it wrong?
Also seem to remember that it was when gas spiked up in 2008 that the price of small used economy cars soared. |
Re: Crude Oil at 91 a barrel
China is buying-up every raw material on earth and the rest of the world is locking-up as much of what they need as they can. There is huge demand for the life-blood of the modern world, oil, and that is driving up prices, especially since our government has removed American production from the supply.
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