stonecold5005
All-Star Author
Waco
Posts:817
Points:20,240
Joined:Mar 2012
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Message Posted: Aug 11, 2012 10:07:27 AM
old news
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gasokie
Champion Author
Oklahoma
Posts:3,442
Points:1,323,805
Joined:May 2007
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Message Posted: Aug 10, 2012 6:49:45 PM
It's disturbing to read how people want to do away with free markets and how they think producers and suppliers should exist only to bring their products to market as cheaply as possible. Farmers, factories, any producers of products want to get as much as they can out of their product and it would be a pity to apply the policies of "Dear Leader" in N. Korea to our commodity market. And oil is just another product. When I sold my pickup the other day I got as much as I could out of it. And there is nothing wrong with that. Just because a commodity is critical doesn't mean its owner is under obligation to flail himself with lower than market prices.
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jethro5000
Champion Author
Kentucky
Posts:1,867
Points:389,285
Joined:Jun 2005
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Message Posted: Aug 10, 2012 9:12:58 AM
Speculators are the problem. The govt needs to not allow oil to be traded like a stock...
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wild3bill
Champion Author
New York
Posts:2,546
Points:1,686,465
Joined:Nov 2005
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Message Posted: Aug 9, 2012 5:31:56 PM
We need news about smething really bad happening to Speculators, like: Arrest for market manipulation, conspiracy to act in restraint of free trade!
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5kvdave
All-Star Author
Los Angeles
Posts:688
Points:350,000
Joined:May 2011
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Message Posted: Aug 9, 2012 12:25:12 PM
MORE B.S.!!!!!!
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madison8359
Champion Author
Cleveland
Posts:9,000
Points:1,591,345
Joined:Apr 2008
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Message Posted: Aug 9, 2012 11:00:30 AM
I am still wondering who pays for this report and why?
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Digger52
Champion Author
Chicago
Posts:2,397
Points:846,985
Joined:Aug 2008
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Message Posted: Aug 9, 2012 10:41:06 AM
Old news
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Gas_Buzzer
Champion Author
South Carolina
Posts:14,149
Points:2,592,415
Joined:Sep 2005
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Message Posted: Aug 9, 2012 9:17:53 AM
Same as yesterday...more uneducated imbeciles sucking on the government teat because they are not qualified to work in the private sector.
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gravityhurts
Champion Author
North Carolina
Posts:4,083
Points:935,555
Joined:Sep 2008
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Message Posted: Aug 9, 2012 9:07:42 AM
Here we go again, no reason why it just is and now we PAY. All a pile of dog squeeze
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CivicMA
Champion Author
Boston
Posts:1,887
Points:533,245
Joined:Jun 2011
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Message Posted: Aug 9, 2012 8:39:51 AM
Every story/study/revelation is used to justify ever increasing prices!
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Buck_on_Bass
Champion Author
Tennessee
Posts:7,569
Points:1,454,335
Joined:Jul 2007
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Message Posted: Aug 9, 2012 7:35:34 AM
We still have stocks that are at the upper end (or above it) for 'normal' stock levels. This should be putting limit on price increases but we have the rest of the world that is willing to buy refined products from the US at current prices. Welcome to global trade.
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billy44bo
Champion Author
Mobile
Posts:7,198
Points:1,488,940
Joined:Feb 2008
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Message Posted: Aug 9, 2012 7:32:11 AM
spot exporting the gas and then there would be way to much and the price would have to come down,However GREED runs the oil market
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tidalwave3
Champion Author
Tallahassee
Posts:1,297
Points:1,461,760
Joined:Jun 2008
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Message Posted: Aug 9, 2012 7:31:34 AM
dougtheeconman You are very correct and seems suspicious to me, like a plan to raise $$.
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DougtheEconMan
Champion Author
Akron
Posts:1,903
Points:268,690
Joined:Feb 2008
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Message Posted: Aug 9, 2012 7:22:39 AM
KEEP YOUR TANKS FULL! Early last week, I started posting my concern over how many refineries went down or were down for emergency repair. Four in the Midwest and a pipeline, over and above the scheduled shutdowns. Since then, a fire in Tulsa plant, and now in California. I will continue to post...KEEP YOUR TANKS AND GAS CANS FULL! We may be facing higher prices and possible spot shortages in the next 5 or 6 weeks.
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cherican
Champion Author
Ontario
Posts:2,579
Points:1,063,135
Joined:May 2003
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Message Posted: Aug 9, 2012 7:17:59 AM
Are we surprised by this article. I most certainly am not. Oil companies wnat pump prices to increase and speculators love this...... the only one getting the raw end of the deal is the consumer. You and I keep paying higher and higher prices.
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miser73
Champion Author
Gary
Posts:1,172
Points:239,390
Joined:Apr 2012
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Message Posted: Aug 9, 2012 7:09:02 AM
I already commented on this one yesterday. It's not news any more.
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RichardoB
Champion Author
Fayetteville
Posts:7,992
Points:2,001,235
Joined:Jun 2007
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Message Posted: Aug 9, 2012 7:06:45 AM
This does not explain the large increase in retail gasoline prices over the last month.
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garjul
Champion Author
Flint
Posts:1,570
Points:647,565
Joined:Jul 2009
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Message Posted: Aug 9, 2012 7:05:10 AM
We can conserve fuel all day and still end up with high gas prices. We'll never win this battle.
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Jamer
Champion Author
Las Vegas
Posts:8,749
Points:1,634,310
Joined:Jul 2002
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Message Posted: Aug 9, 2012 7:05:01 AM
One last push by the GREEDY oil companies to put us back into recession mode.
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justme48
Champion Author
New Jersey
Posts:2,510
Points:509,320
Joined:Jun 2011
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Message Posted: Aug 9, 2012 7:04:46 AM
Old news,Next please.
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JSX515
Champion Author
St. Louis
Posts:3,704
Points:799,645
Joined:Feb 2011
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Message Posted: Aug 9, 2012 7:04:44 AM
Obozo = the $4 president
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Sam1004
Champion Author
Indianapolis
Posts:1,030
Points:345,460
Joined:May 2004
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Message Posted: Aug 9, 2012 7:03:24 AM
Here the prices went up 60 cents last week and have come down about 16 cents - so I guess it's time for another increase, right? (She said - tongue in cheek)
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I10Express
Champion Author
San Antonio
Posts:8,659
Points:1,638,020
Joined:Nov 2008
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Message Posted: Aug 9, 2012 7:02:13 AM
Must be shipping it overseas.
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ds531
Champion Author
Texas
Posts:2,866
Points:590,780
Joined:Sep 2011
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Message Posted: Aug 9, 2012 7:01:49 AM
ok
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eightiesgod
Champion Author
Ohio
Posts:3,370
Points:1,230,910
Joined:Oct 2008
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Message Posted: Aug 9, 2012 7:00:48 AM
there is no more here we go......we have been and are staying here and above....
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uppy25
Veteran Author
Dayton
Posts:398
Points:690,660
Joined:Nov 2007
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Message Posted: Aug 9, 2012 7:00:28 AM
OLD NEWS.........
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deerslayer5
Champion Author
Minnesota
Posts:2,995
Points:654,360
Joined:Apr 2011
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Message Posted: Aug 9, 2012 7:00:18 AM
The prices keep going up.
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Beboper
Champion Author
Virginia
Posts:8,717
Points:2,161,840
Joined:Oct 2005
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Message Posted: Aug 9, 2012 6:59:47 AM
old news
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Bus936
Champion Author
Lexington
Posts:16,434
Points:3,218,055
Joined:May 2004
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Message Posted: Aug 9, 2012 6:59:39 AM
My goodness, another week of propaganda from the oil industry.
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DougtheEconMan
Champion Author
Akron
Posts:1,903
Points:268,690
Joined:Feb 2008
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Message Posted: Aug 9, 2012 6:59:00 AM
KEEP YOUR TANKS FULL! Early last week, I started posting my concern over how many refineries went down or were down for emergency repair. Four in the Midwest and a pipeline, over and above the scheduled shutdowns. Since then, a fire in Tulsa plant, and now in California. I will continue to post...KEEP YOUR TANKS AND GAS CANS FULL! We may be facing higher prices and possible spot shortages in the next 5 or 6 weeks.
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TonyPSU
Champion Author
Cleveland
Posts:2,526
Points:691,830
Joined:May 2011
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Message Posted: Aug 9, 2012 6:58:33 AM
Speculators again!, Tax the profits out of them
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sit
Champion Author
Cleveland
Posts:5,195
Points:1,930,995
Joined:Feb 2006
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Message Posted: Aug 9, 2012 6:58:07 AM
Prices going up
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Tnerbeel
Champion Author
Houston
Posts:8,814
Points:1,746,885
Joined:Mar 2007
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Message Posted: Aug 9, 2012 6:57:43 AM
We really have to savor those periods of falling prices....they are few and far between
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roland1971
Champion Author
Virginia
Posts:1,494
Points:328,410
Joined:Mar 2012
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Message Posted: Aug 9, 2012 6:57:35 AM
ok
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timarcos
Champion Author
Corpus Christi
Posts:5,734
Points:1,151,890
Joined:Jul 2009
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Message Posted: Aug 9, 2012 6:57:29 AM
Ok.
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QualTekGuy
Champion Author
Illinois
Posts:3,056
Points:731,900
Joined:Feb 2007
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Message Posted: Aug 9, 2012 6:57:28 AM
Here we go again
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bell05
Champion Author
Atlanta
Posts:9,245
Points:1,874,660
Joined:Jun 2005
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Message Posted: Aug 9, 2012 6:57:08 AM
Old news.
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BigZ1959
Champion Author
Denver
Posts:3,748
Points:1,461,275
Joined:Oct 2008
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Message Posted: Aug 9, 2012 6:56:45 AM
old
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eswi
Champion Author
Madison
Posts:2,535
Points:681,430
Joined:Mar 2009
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Message Posted: Aug 9, 2012 6:56:37 AM
OK
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Gman69NH
Sophomore Author
New Hampshire
Posts:140
Points:362,820
Joined:Mar 2012
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Message Posted: Aug 9, 2012 6:56:34 AM
Seems to mean nothing.
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2khawk
Champion Author
Iowa
Posts:5,249
Points:926,075
Joined:Oct 2010
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Message Posted: Aug 9, 2012 6:56:22 AM
Next week they will increase.
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tomok
Champion Author
Portland
Posts:32,954
Points:2,343,560
Joined:Aug 2006
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Message Posted: Aug 9, 2012 6:55:55 AM
Crude oil inventories decreased, Gasoline inventories decreased, Distillate inventories decreased, total Refinery utilization rise 0.4%, Total US oil stocks are up 2.3%. Refinery utilization in the 90% plus, except East Coast @ 83.7% and West Coast at 87.6%. Gasoline and Crude Oil inventories decreased - this is a Bad Thing, higher prices at the pump is a Bad thing!
Crude oil and Gasoline inventories decreased so Big Oil can raise the price of fuel at the pump!
Big Oil continues to sell fuel and natural gas on the world market for higher prices, there will be NO price reduction for the cost of fuel or natural gas IN the US. 'Coming out of the closet' Barry will support natural gas and oil production for sale on the world market to pay for his ‘spending gone wild’ addiction and receive the huge federal tax income from oil. Barry's lousy, smoke and mirrors, lack of jobs, dog and pony show and in the crapper economy, the good paying jobs are Not there. Barry's economy is not improving but continues to hurt the population and the job numbers continues to be down – no matter how smoooooth talking Barry spins those numbers and he can spin them very well! People will still drive and buy fuel no matter what but it sure helps to have a job too!
The US ‘oil and natural gas resources’ belong to the citizens of this country and are to be used by those same citizens! Speculators, manipulators and the banks continue to unfairly and unjustly make the driving public pay higher prices at the pump for their personal benefit.
How much will gas prices go up and they will rise, the trend is always up with fuel prices. The price at the pump needs to go down to $2/gallon, $3 to $3.50/gallon is Not the new low!
Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. Consider using other forms of less expensive transportation to lower your cost.
The price of fuel at the pump is too high!
12/22/2012!
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smokinjoe54
Champion Author
Ohio
Posts:4,708
Points:910,585
Joined:Feb 2010
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Message Posted: Aug 9, 2012 6:55:30 AM
These numbers don't mean a thing.
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bozo
Champion Author
Boston
Posts:4,690
Points:2,091,630
Joined:Feb 2003
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Message Posted: Aug 9, 2012 6:55:11 AM
not sure what we're learning from this, if anything.
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Costello
Champion Author
South Dakota
Posts:1,401
Points:1,152,490
Joined:Jan 2007
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Message Posted: Aug 9, 2012 6:55:06 AM
Just another excuse...
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Gearitis
Champion Author
Waco
Posts:1,293
Points:726,335
Joined:Sep 2005
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Message Posted: Aug 9, 2012 6:55:05 AM
Here we go folks, its coming, and then in late October, Obama will wave his hand and prices will fall so he can become reelected....
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Garston
Champion Author
Maine
Posts:2,421
Points:473,765
Joined:Jul 2011
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Message Posted: Aug 9, 2012 6:55:02 AM
ok
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Yonkers111
Champion Author
Scranton
Posts:8,331
Points:857,085
Joined:Apr 2007
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Message Posted: Aug 9, 2012 6:54:34 AM
This was an article yesterday.
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cehend
Champion Author
Maryland
Posts:1,725
Points:461,525
Joined:Jan 2011
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Message Posted: Aug 9, 2012 6:53:47 AM
Speculation is killer for the newest price increases.
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bondo
Champion Author
Twin Cities
Posts:3,501
Points:760,810
Joined:May 2001
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Message Posted: Aug 9, 2012 6:53:37 AM
Ok
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