isleseeya Posted October 16, 2008 Share Posted October 16, 2008 Oil is at $ 74 a barrel as of this morning nearly half of what it was in July ( believe 143 or 144 was the high ) So are we using half of what we used in July or did the greedy foktards / cartel decide to ease up on the prices that they control ? based on the price coming down to half of what it was in July , one would figure gas prices would also be close to half of what it was ...not the case as in NJ , it hit as high as 4.30 for regular and now at 2.79 - 2.89 for regular sure would be nice to see gas under 2.25 soon ... Quote Link to comment Share on other sites More sharing options...
dmarc117 Posted October 16, 2008 Share Posted October 16, 2008 economy going bad means less demand. plus funds needing to raise cash are selling too. Quote Link to comment Share on other sites More sharing options...
The Holy Roller Posted October 17, 2008 Share Posted October 17, 2008 Isn't less demand what the "Go Green" movement is all about? Soon Atomic's car won't be worth the effort because gas prices will be reasonable again. Quote Link to comment Share on other sites More sharing options...
AtomicCEO Posted October 17, 2008 Share Posted October 17, 2008 Isn't less demand what the "Go Green" movement is all about? Soon Atomic's car won't be worth the effort because gas prices will be reasonable again. I think that the prices are artificially low, and that it won't last. Quote Link to comment Share on other sites More sharing options...
muck Posted October 17, 2008 Share Posted October 17, 2008 I think that the prices are artificially low, and that it won't last. You should start your own hedge fund. Quote Link to comment Share on other sites More sharing options...
isleseeya Posted October 17, 2008 Author Share Posted October 17, 2008 I think that the prices are artificially low, and that it won't last. i fear this as well but in meantime , price of gas should still be lower than it is ( based on price of oil ) but i'll take what i can get i guess Quote Link to comment Share on other sites More sharing options...
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