SourceCrude 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.
Crude Oil Climbs to Record Above $129
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Crude Oil Climbs to Record Above $129
Crap, everyone fill up today... It's going to spike again soon.
Re: Crude Oil Climbs to Record Above $127
its $3.75 everywhere here now(as of yesterday)
-Austin
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Re: Crude Oil Climbs to Record Above $127
$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
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
Got this in an email from my sister, thought it fitting for this thread.
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!!
"The democracy will cease to exist when you take away from those who are willing to work and give to those who would not."
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Re: Crude Oil Climbs to Record Above $127
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
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.
Re: Crude Oil Climbs to Record Above $129
$2 in four days =$107^ by january
-Austin
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Re: Crude Oil Climbs to Record Above $129
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
no matter how goofy he looks, hes still getting better gas milage than me
no matter how goofy he looks, hes still getting better gas milage than me
"The democracy will cease to exist when you take away from those who are willing to work and give to those who would not."
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- stev
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Re: Crude Oil Climbs to Record Above $129
$4.37 here.
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Re: Crude Oil Climbs to Record Above $129
today i saw an old guy(that kinda looks like BIO ) on a scooter going on a major highwaybubba 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
no matter how goofy he looks, hes still getting better gas milage than me
-Austin
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Re: Crude Oil Climbs to Record Above $129
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
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.
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
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
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
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
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.
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
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.
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Re: Crude Oil Climbs to Record Above $129
same here a lil lever next to the trunk releasevicaphit wrote:though my gas cap door must be released from inside the car.
-Austin
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Server2012: Q9300 - 8GB DDR2 - Asus P5QL Pro - Corsair CX430 - Mirrored 2TB Seagate's with 2TB WD cav for fileshare backups, 1TB WD for OS backups
Screamin' BCLK:
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Re: Crude Oil Climbs to Record Above $129
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.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.
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.
"The democracy will cease to exist when you take away from those who are willing to work and give to those who would not."
-Thomas Jefferson
-Thomas Jefferson
Re: Crude Oil Climbs to Record Above $129
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.duplo83 wrote:I think a multi-billion dollar car company should be able to come up with something.
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.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.
----
Andy
New Rig: Intel Q6600 (2.7ghz), ASUS P5KC, 4GB DDR2-800, Palit 9600GT (1GB), Ultra X3 1KW (thanks LR!), Vista 64bit
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PSN: VICaphit
Andy
New Rig: Intel Q6600 (2.7ghz), ASUS P5KC, 4GB DDR2-800, Palit 9600GT (1GB), Ultra X3 1KW (thanks LR!), Vista 64bit
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- stev
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Re: Crude Oil Climbs to Record Above $129
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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