jwalkerh
Champion Author
Louisiana
Posts:4,790
Points:1,095,505
Joined:Oct 2008
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Message Posted: Feb 8, 2012 1:06:40 AM
And the price of gas is increasing...
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chuckwthompson
Champion Author
Charlotte
Posts:1,860
Points:211,585
Joined:Sep 2011
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Message Posted: Feb 8, 2012 12:55:02 AM
And this is going to make a difference....Not
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alterman156
Champion Author
New York
Posts:5,595
Points:1,190,950
Joined:Dec 2008
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Message Posted: Feb 7, 2012 7:47:36 PM
Oil prices should fall more.
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ObieDog
All-Star Author
Maryland
Posts:966
Points:522,945
Joined:Sep 2010
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Message Posted: Feb 7, 2012 3:39:21 PM
Up, down, all around!!
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ziyulu
Champion Author
Oklahoma City
Posts:6,632
Points:1,260,600
Joined:Aug 2007
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Message Posted: Feb 7, 2012 3:22:45 PM
Not anymore...
Energy & Oil Prices
OIL ($/bbl)
PRICE* CHANGE % CHANGE TIME
Nymex Crude Future 98.71 1.80 1.86% 16:08
Dated Brent Spot 117.81 1.70 1.47% 16:17
WTI Cushing Spot 98.41 1.50 1.55% 15:52
OIL (ยข/gal)
PRICE* CHANGE % CHANGE TIME
Nymex Heating Oil Future 318.75 1.68 0.53% 16:09
Nymex RBOB Gasoline Future 293.27 0.48 0.16% 16:09
NATURAL GAS ($/MMBtu)
PRICE* CHANGE % CHANGE TIME
Nymex Henry Hub Future 2.49 -0.06 -2.27% 16:08
Henry Hub Spot 2.48 0.07 2.90% 02/06
New York City Gate Spot 2.75 0.10 3.77% 02/06
ELECTRICITY ($/megawatt hour)
PRICE* CHANGE % CHANGE TIME
Mid-Columbia, firm on-peak, spot 25.39 1.05 4.31% 13:31
Palo Verde, firm on-peak, spot 26.34 -0.04 -0.15% 02/06
BLOOMBERG, FIRM ON-PEAK, DAY AHEAD SPOT/ERCOT HOUSTON 25.50 1.92 8.14% 13:31
Bloomberg Oil Buyers Guide subscriber? Log in
*Commodity futures and energy prices are in U.S. dollars.
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UseLessGasFolks
Champion Author
Iowa
Posts:3,616
Points:937,660
Joined:Jul 2007
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Message Posted: Feb 7, 2012 12:49:22 PM
Best way to stick it to them is to CONSERVE BABY CONSERVE!!!!!
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JamesCalvin
Champion Author
Lancaster
Posts:1,231
Points:156,225
Joined:Nov 2011
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Message Posted: Feb 7, 2012 11:53:26 AM
But pump prices rise?!!!?Hmmm...!
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TripleHs
Champion Author
Austin
Posts:1,811
Points:592,480
Joined:Oct 2009
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Message Posted: Feb 7, 2012 11:15:34 AM
still way too high
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tnfran
Champion Author
Arizona
Posts:2,536
Points:490,790
Joined:Dec 2010
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Message Posted: Feb 7, 2012 10:36:53 AM
Ho Hum - big whoop ! Big Oil wants their HUGH PROFITS no matter what;
or who gets hurt in their GREED!!!
[Edited by: tnfran at 2/7/2012 11:37:36 AM EST]
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uglytom
Champion Author
Florida
Posts:6,174
Points:1,286,865
Joined:Jul 2007
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Message Posted: Feb 7, 2012 10:25:15 AM
Watch gas prices plummet on this fact....rather than rise on rumor....ha,ha!
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peakkeller
All-Star Author
Colorado Springs
Posts:958
Points:524,760
Joined:Dec 2009
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Message Posted: Feb 7, 2012 10:21:41 AM
Little bumps like this mean nothing for gas prices.
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doeslayersr
Champion Author
Illinois
Posts:5,779
Points:505,225
Joined:Dec 2010
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Message Posted: Feb 7, 2012 10:06:55 AM
Really, at the time of my article reply, WTI crude is UP over $1.45, not down!!!!
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jrs4125
All-Star Author
Indiana
Posts:891
Points:224,720
Joined:Sep 2011
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Message Posted: Feb 7, 2012 9:52:26 AM
Is there anyone that thinks the price will remain where it is over a period of the next few years? Drill baby drill will only get us closer to the bottom of the oil drum. It won't matter who the president is.
[Edited by: jrs4125 at 2/7/2012 10:53:12 AM EST]
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Houmagas
Veteran Author
Louisiana
Posts:388
Points:100,885
Joined:Jun 2011
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Message Posted: Feb 7, 2012 9:45:09 AM
Speculation is driving the cost of gas.
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doctorindyj
Champion Author
Santa Fe
Posts:2,239
Points:504,680
Joined:Nov 2009
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Message Posted: Feb 7, 2012 9:30:51 AM
But gas keeps going the other way.
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WalkingWV
Champion Author
West Virginia
Posts:2,374
Points:509,670
Joined:May 2008
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Message Posted: Feb 7, 2012 9:27:43 AM
And gas ju8mped 20 to 30 cents.
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OHMS
Champion Author
Orange County
Posts:11,247
Points:1,332,350
Joined:May 2005
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Message Posted: Feb 7, 2012 9:26:18 AM
a good trend>>.By 1230 GMT, U.S. crude oil futures for March were trading around $95.91 per barrel, down $1, having hit an intraday low of $95.84
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Buckeyee
Champion Author
Maine
Posts:2,397
Points:552,680
Joined:May 2010
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Message Posted: Feb 7, 2012 9:18:43 AM
If Obama does not like the report, he will just ignore it like he has done with other reports.
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Night Owl
Champion Author
Toronto
Posts:5,761
Points:1,430,745
Joined:Jul 2004
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Message Posted: Feb 7, 2012 9:15:20 AM
Oil prices are still far too high. Greedy oil speculators need to be kicked out of the oil market. Supply and demand should be controlling oil prices not oil futures.
When is President Obama's April 21st task force on high oil and gas prices finally going to report back?
[Edited by: Night Owl at 2/7/2012 10:15:58 AM EST]
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TableTalk
All-Star Author
Virginia
Posts:631
Points:368,125
Joined:Nov 2008
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Message Posted: Feb 7, 2012 9:13:40 AM
Supply and demand with a little speculation and political uncertainty thrown in just to make it interesting and a reason to write another wishy-washy article.
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investmentdr
Champion Author
Cleveland
Posts:2,330
Points:1,097,010
Joined:Sep 2008
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Message Posted: Feb 7, 2012 8:52:34 AM
gasoline spot off -0.5% today
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investmentdr
Champion Author
Cleveland
Posts:2,330
Points:1,097,010
Joined:Sep 2008
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Message Posted: Feb 7, 2012 8:51:46 AM
fallin fallin fallin
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dorisntx
Champion Author
Fort Worth
Posts:1,247
Points:331,225
Joined:Apr 2011
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Message Posted: Feb 7, 2012 8:12:16 AM
ok
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bigmoo63
All-Star Author
Kalamazoo
Posts:878
Points:56,090
Joined:Nov 2009
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Message Posted: Feb 7, 2012 8:08:44 AM
Another slant from Reuters. Dont have much faith in any of these reports. No consistency. Almost like they throw a dart and where it sticks...thats the story. FACTS, give us FACTS. Something with substance to back it up.
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drpepperTX
Champion Author
Texas
Posts:4,856
Points:388,415
Joined:Apr 2011
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Message Posted: Feb 7, 2012 8:07:09 AM
WTI does not matter.
Brent still rising and gasoline futures follow Brent.
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FPLREP
Champion Author
Virginia
Posts:6,342
Points:2,084,615
Joined:Oct 2005
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Message Posted: Feb 7, 2012 8:05:26 AM
It would be nice(dream) to see US gas falls to $1 per gallon!
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remay
Champion Author
Houston
Posts:5,197
Points:1,755,220
Joined:May 2006
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Message Posted: Feb 7, 2012 7:43:13 AM
ENOUGH of the snapshot articles on the price of oil!
Brent Rises Above $116 on Iran and Cold Snap
Submitted 34 minutes ago By: WxVette
Crude Oil Trades Near Six-Week Low on Forecast of Rising U.S. Stockpiles
Submitted 35 minutes ago By: WxVette
Oil Trades Lower, Struggles To Keep Above $97
Submitted Today By: RENEGADEGAS
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johntxx
All-Star Author
Texas
Posts:664
Points:251,025
Joined:Aug 2011
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Message Posted: Feb 7, 2012 7:40:43 AM
As usual, gas prices at the pump are quick to climb, but slow to come down. I wish I would stop getting "pumped" at the pump.
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lcleveland
Champion Author
San Antonio
Posts:1,440
Points:329,150
Joined:May 2011
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Message Posted: Feb 7, 2012 7:37:17 AM
waiting for gas to start down
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Rockyguitar
All-Star Author
Tampa
Posts:821
Points:868,495
Joined:Sep 2008
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Message Posted: Feb 7, 2012 7:36:26 AM
Prices at the pump should then go UP! They do that when oil prices go up or down.
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brbaritone
Champion Author
Virginia
Posts:1,232
Points:1,361,495
Joined:Jan 2007
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Message Posted: Feb 7, 2012 7:32:18 AM
Hey, maybe gas stations should do what other retailers do when they need to move inventory and improve cash flow ... have a SALE! "25% to 40% off!"
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grandpadon28110
Champion Author
Charlotte
Posts:2,873
Points:778,210
Joined:Sep 2008
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Message Posted: Feb 7, 2012 7:31:43 AM
What is the hype over 1% decline.
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kress999
Sophomore Author
Alabama
Posts:214
Points:245,220
Joined:May 2011
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Message Posted: Feb 7, 2012 7:31:16 AM
No kidding people are driving less today
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