Crude Oil Climbs to Record Above $129

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Crude Oil Climbs to Record Above $129

Post by Apoptosis » Fri May 16, 2008 8:27 am

Crap, everyone fill up today... It's going to spike again soon.
Crude oil futures were bolting to a record high Friday morning, supported by a bullish research report from Goldman Sachs regarding prices in the second half of the year.

West Texas intermediate crude contracts were recently gaining $3.53, or nearly 3%, to $127.65 a barrel, surpassing the old intraday best that was just short of $127. Earlier in the session, it hit $127.82. Brent crude was up $3.21 to $125.84 a barrel.
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Re: Crude Oil Climbs to Record Above $127

Post by skier » Fri May 16, 2008 10:14 am

its $3.75 everywhere here now(as of yesterday) :shock:
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Re: Crude Oil Climbs to Record Above $127

Post by vicaphit » Fri May 16, 2008 2:59 pm

$3.99 is the highest in my area, I payed $3.93 yesterday.
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Re: Crude Oil Climbs to Record Above $127

Post by Sovereign » Fri May 16, 2008 6:30 pm

My mom tells me back home in the Chicago suburbs it's $3.99 everywhere...
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Re: Crude Oil Climbs to Record Above $127

Post by bubba » Sun May 18, 2008 9:26 am

Got this in an email from my sister, thought it fitting for this thread. :lol:
Breaking News .....

CNN reports that all gas stations
will start showing p0rn movies
at the pumps so that you can see
someone else get screwed at
the same time you do!!
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Re: Crude Oil Climbs to Record Above $127

Post by w00fd06 » Mon May 19, 2008 3:03 pm

This is probably a sign that we should find another fuel source that we don't have to rely so heavily on other countries for (something clean would be nice, too).

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Re: Crude Oil Climbs to Record Above $129

Post by Apoptosis » Tue May 20, 2008 9:40 am

updated title as Oil is now over $129!!
Crude oil rose above $129 a barrel in New York for the first time after billionaire hedge-fund manager Boone Pickens said that oil will reach $150 a barrel this year.

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Re: Crude Oil Climbs to Record Above $129

Post by skier » Tue May 20, 2008 9:48 am

$2 in four days =$107^ by january :shock:
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Re: Crude Oil Climbs to Record Above $129

Post by bubba » Tue May 20, 2008 5:11 pm

I have been seening a lot of people buying up honda scooters and riding then around town. The one guy that sticks out makes me look small, he has to be in the low 400lbs range. Looks like hes got 2 wheels sticking out his butt :lol:

no matter how goofy he looks, hes still getting better gas milage than me :? :lol:
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Re: Crude Oil Climbs to Record Above $129

Post by stev » Wed May 21, 2008 7:21 pm

$4.37 here. :cry:

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Re: Crude Oil Climbs to Record Above $129

Post by skier » Wed May 21, 2008 7:27 pm

bubba wrote:I have been seening a lot of people buying up honda scooters and riding then around town. The one guy that sticks out makes me look small, he has to be in the low 400lbs range. Looks like hes got 2 wheels sticking out his butt :lol:

no matter how goofy he looks, hes still getting better gas milage than me :? :lol:
today i saw an old guy(that kinda looks like BIO :finga: ) on a scooter going on a major highway :shock:
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Re: Crude Oil Climbs to Record Above $129

Post by bmaverick » Wed May 21, 2008 8:42 pm

Ha. When gas is over $5 we'll think $4 was a bargain.
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Re: Crude Oil Climbs to Record Above $129

Post by Apoptosis » Thu May 22, 2008 8:11 am

Gas went over $135 last night while we were all sleeping and if you have the Today Show (NBC) on right now you'll see Jim Cramer saying we will have $5 a gallon gas in 3 months.

He also said that it shouldn't level off till $6-$7 a gallon as consumers are still using more gas per month even at current prices.

Other analysts like US energy advisor Robert Hirsch predict something much worse...

"The prices that we're paying at the pump today are, I think, going to be 'the good old days, because others who watch this very closely forecast that we're going to be hitting $12 and $15 per gallon,” energy advisor Robert Hirsch said.

It looks like things are going to keep going up for the rest of the year... Makes you wonder what is going to happen. I for one am nervous as $7 a gallon would impact my household greatly. My girlfriend that lives with me drives over 80 miles a day to work and back and in under 3 years she has racked up over 120,000 miles on her car. Do the math on that one and it's ugly.

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Re: Crude Oil Climbs to Record Above $129

Post by stev » Thu May 22, 2008 9:03 am

Go to Google news and type in the search window ... gas siphoning

The total number of hits shows that gas siphoning is at a record high.

It's time to deter would be gas thieves with a locking gas cap!

Click on the on-line catalog link and also check on the link where to buy them.
http://www.stant.com/brochure.cfm?broch ... ion_id=170

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Last edited by stev on Thu May 22, 2008 9:08 am, edited 1 time in total.
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Re: Crude Oil Climbs to Record Above $129

Post by vicaphit » Thu May 22, 2008 9:06 am

Looks like I may be getting an apartment close to work, and I will start biking if I it gets that bad.

That locking gas cap is a good idea too, though my gas cap door must be released from inside the car.
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Re: Crude Oil Climbs to Record Above $129

Post by duplo83 » Thu May 22, 2008 9:54 am

I saw a news piece the other day about two brothers who had taken a Toyota Prius and modified it with extra batteries so as to allow it's MPG to reach 98-100! Granted, the reliability is probably a little so-so, but if two guys can do this in their garage I think a multi-billion dollar car company should be able to come up with something. :-k
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Re: Crude Oil Climbs to Record Above $129

Post by skier » Thu May 22, 2008 9:59 am

vicaphit wrote:though my gas cap door must be released from inside the car.
same here :) a lil lever next to the trunk release
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Re: Crude Oil Climbs to Record Above $129

Post by bubba » Thu May 22, 2008 10:45 am

vicaphit wrote:Looks like I may be getting an apartment close to work, and I will start biking if I it gets that bad.

That locking gas cap is a good idea too, though my gas cap door must be released from inside the car.
If someone is desperate enough to steal your gas, they are not going to care about being gentle with your gas cap door. Light pressure with a flat blade screw driver will bend that little piece of spring steel holding the door closed. Mine is so worn out that I can open it with my fingers.

I have seen some where they cut the fuel line coming from the tank and drain it that way.

Remember, where there is a will there is a way.
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Re: Crude Oil Climbs to Record Above $129

Post by vicaphit » Thu May 22, 2008 10:46 am

duplo83 wrote:I think a multi-billion dollar car company should be able to come up with something.
Oh, I am positive they already have, but those money hoarding fuel companies are LOVING this right now, and they won't let cars be released that lessen the dependency on fuel.
bubba wrote: If someone is desperate enough to steal your gas, they are not going to care about being gentle with your gas cap door. Light pressure with a flat blade screw driver will bend that little piece of spring steel holding the door closed. Mine is so worn out that I can open it with my fingers.

I have seen some where they cut the fuel line coming from the tank and drain it that way.

Remember, where there is a will there is a way.
If my car is parked in a parking lot and there is a nearby car with a non-locking door they will go after the other guy. That is why I am not so worried.
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Re: Crude Oil Climbs to Record Above $129

Post by stev » Thu May 22, 2008 11:24 am

vicaphit wrote:If my car is parked in a parking lot and there is a nearby car with a non-locking door they will go after the other guy. That is why I am not so worried.

Exactly, theives will go the route of least resistance since time is always against them for getting caught.
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