Oil drops $10 today

[great bear]

Oils well that ends well.

 

[danmand]

Oils well that ends well.

As you like it.

 

[great bear]

It isn't anywhere near being over. Speculative oil pricing is a slippery slope...

Why are you always so crude?

 

[Phil C. McNasty]

I've never been able to refine Rubbie

 

[Phil C. McNasty]

Distill my beating heart, another Secret Admirer?

You are very slick

 

[great bear]

You are very slick

Rub does not mix well with others.

 

[Phil C. McNasty]

Some say greasy...

And you're quite explosive too

 

[Phil C. McNasty]

Stop being so mean! You know that when you agitate me I get all emulsional

I guess you cant help the fact you're such a flamer

 

[great bear]

funny, but i was just accused by an overnight guest of having an over-abundance of natural gas too...

lmao!!!!

 

[kono]

It doesn't surprise me at that the prices barely dropped. These oil companies know we all need gas to go about our every day lives. For that reason they feel that they can victimise us all. It's criminal! Same goes for Natural gas. We have enough natural gas deposites for the next 5,000 years. But that doesn't stop them for raising the prices. The sad part is there's nothing we can do about it apart from getting another job to pay for the higher costs and higher cost's to come.

 

[Insidious Von]

Casino games is an accurate description.

David Einhorn; the President of Greenlight Capital, and the man most responsible for shorting Lehman into the ground, also moonlights as a professional poker player.

 

[GPIDEAL]

Isn't the price of gas relative to a barrel of oil way out of line, historically-speaking (even in recent years)?

 

[out4fun]

Isn't the price of gas relative to a barrel of oil way out of line, historically-speaking (even in recent years)?

It seems way out of line. In 2008, when oil reached $100 a barrel, a litre of gas was under 90 cents. Even now with HST, with $100 oil, there doesn't seem to be any reason gas should by $1.25 ish.

 

[GPIDEAL]

It seems way out of line. In 2008, when oil reached $100 a barrel, a litre of gas was under 90 cents. Even now with HST, with $100 oil, there doesn't seem to be any reason gas should by $1.25 ish.

Ok that's what I thought. Bastard oil companies.

 

[WoodPeckr]

It seems way out of line. In 2008, when oil reached $100 a barrel, a litre of gas was under 90 cents. Even now with HST, with $100 oil, there doesn't seem to be any reason gas should by $1.25 ish.

And BIG OIL and their apologists will trot out all kinds of fancy 'fuzzy' numbers and pretty charts to explain away and deny their blatant avarice here....

Learnt that obfuscation in business school, they did....:biggrin1:

 

[nottyboi]

Casino games is an accurate description.

David Einhorn; the President of Greenlight Capital, and the man most responsible for shorting Lehman into the ground, also moonlights as a professional poker player.

I would not characterize Einhorn as a gambler. When you see his big shorts, you realize he is not gambling. The scary thing is, all the reasons he shorted Lehmann are 100% true of several major US banks now. The ONLY reason they are not bankrupt is they have changed the securities valuation rules allowing them to defer the recognition of some HUGE losses that are hidden on their books.