CRUDE OIL @ 19 month LOW

[bushpilot]

Oil Prices Drop Below $55 a Barrel

 

[95_stroker]

Hmm, and I thought the price ONLY dropped right during campain and election time.

 

[bbressler]

No, I think the Democrats are responsible -- This was part of their 100 hour project after taking over congress...

 

[Tail_Gunner]

Hmm, and I thought the price ONLY dropped right during campain and election time.

Ditto that!

So the cost of crude hit a 19 month low in January. So that means the cost of gasoline & diesel will start going down next July?

Conversely, if the price of oil still in the ground had hit an all time high today, the price at the pump would have gone up 50 cents a gallon yesterday. -mad

It's all B.S.

 

[95_stroker]

I predict the price of crude to rebound soon!

 

[Tail_Gunner]

I predict the price of crude to rebound soon!

Within the next 100 hours ya think??

 

[happeetxn]

Within the next 100 hours ya think??

hehehehe..........unfortunately I think there is a good chance you'll be right.

 

[02SilverStroke]

Within the next 100 hours ya think??

Probably, if Granny (Nancy) and Grandpa (Harry) have anything to do with it.

 

[atk]

yeah i herd there was a storm brewing somewhere...LOL...prices should be going back up...

 

[02SilverStroke]

I remember awhile back when OPEC had stated they wanted prices to stay in the $40-$50 range. Recently when the price first dropped into the high $50's, they started talking about cutting production to keep the price from going lower. Guess they want to be greedy and be able to build more palaces for their multiple families.