3.04 & 9/10

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sams88
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3.04 & 9/10

Postby sams88 » Mon Oct 20, 2008 8:18 pm

Yup, $3.04 & 9/10 a gallon at Whistling Jack's this afternoon.... cheaper than all the stations I saw on the road heading up there today. That's about a first as far back as I can remember!! :shock:
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mtnbound
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Postby mtnbound » Mon Oct 20, 2008 8:28 pm

I paid 2.83 in E-Burg on Sunday :D :D
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TJDave
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Postby TJDave » Tue Oct 21, 2008 5:30 am

Don't get used to it! OPEC will be cutting production soon to get prices back up. Might need another man made island resort in Dubai. :?
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Lud
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Postby Lud » Wed Oct 22, 2008 11:08 am

I think OPEC will cut production but oil's gonna drop even more. I am glad they're losing money after doing nothing when gas and diesel were shyrocketing for all of us. Even a 2 million barrels a day procution cut in oil won't stop the fall. Demand has fallen by much more than that and the US dollar is gaining strength which always causes commodities to fall. Too bad this all comes at a cost to our 401k's. :x

You're gonna see $50 a barrel of oil or less by the beginning of next year. It's now $65 a barrel less than half from 2 months ago. Demand is falling still as people who don't need the big trucks are buying cars that use less fuel. All the big manufactures are cutting truck production.

Just the latest market bubble to burst after tech stocks and housing.


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