Us sheep are so dang happy

Well, they've done it! Gas is down to $3.60 (or even less some places) and everyone is saying how great it is. It don't take much to train the American public does it?

 

I agree, I doubt we'll ever see really inexpensive again.

 

Ehh its still around $4.00 - $4.20 around here.

 

Better yet go buy gas in Venezuela.

 

$3.82 here

 

$4.36...and we produce the shit!!!

 

it's $1.44 a liter here which is like 6.50 per imperial gallon, or 5.45 per us gallon.

 

Mannn...what's up? it's dropped almost .40 a gallon here in the past week, everyone's jumping for joy about the "cheap" gas.

 

3.65 here down from 3.99 last week.

 

well i think since people arent filling up their tanks as often. oil is backing up somewhat. it will probly just go back up once people start buying more and more. its 3.83 around here.

 

Personally, I think it's just a conspiracy to piss everyone off so we're all "happy" when it goes back down to $4.00/gal.

 

$4.44 here in Crapchester

 

$4.30 for 91 octane here. The are just conditioning the public to accept the higher prices.
They run the price up really high then bring it down but still double what it used to be less than a year ago and now we think were getting a break because price went down 50cents. We are all sheepishly zombies!

 

Thats so true i remember when i was 15 or so and gas was $1.23 at the local exxon station.

 

I want my 87 cents per gallon back....

 

when the comodities buyers get scared that oil is threatened, gas will shoot back up.


f'in futures market

 

IN OTHER NEWS......

Exxon Mobil Corp. pulled in $11.68 billion in profits in the second quarter, the highest quarterly income ever recorded by a U.S. company.
HERE ARE A FEW FACTS ABOUT THE COMPANY'S RECORD HAUL:
- Exxon earned more than $128 million a day, or nearly $1,500 every second during the quarter. The company said that was after it paid $4,100 a second in taxes and $14,700 a second in expenses to run the business.
- Exxon's quarterly earnings were slightly larger than the annual gross domestic product of Afghanistan, which was $11.63 billion in 2007, according to the World Bank.
- With Exxon's quarterly profit, one could potentially buy Gap Inc., Ford or Starbucks, which have market capitalizations of $11.67 billion, $10.76 billion and $10.69 billion, respectively, according to Reuters data.
- $11.68 billion could buy roughly 179,692 new Cadillac Escalades, or 15.57 billion individual Snickers chocolate bars.

 

exactly!

evidence that the price you pay has nothing to do with supply and reserves

 

That's exactly what they have done, they made us numb to the cost of gas. It's going down a little so we should all jump for joy!!