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Us sheep are so dang happy

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Old 08-04-2008, 09:20 AM   #1
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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?
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Old 08-04-2008, 09:21 AM   #2
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everyone should go buy gas in europe and then we'll realize that $4 gas is great.
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Old 08-04-2008, 09:24 AM   #3
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Quote:
Originally Posted by lsocoee View Post
everyone should go buy gas in europe and then we'll realize that $4 gas is great.
I agree, I doubt we'll ever see really inexpensive again.
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Old 08-04-2008, 10:20 AM   #4
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Ehh its still around $4.00 - $4.20 around here.
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Old 08-04-2008, 10:24 AM   #5
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Quote:
Originally Posted by lsocoee View Post
everyone should go buy gas in europe and then we'll realize that $4 gas is great.
Better yet go buy gas in Venezuela.


Quote:
The car show in Venezuela's capital was filled with men who gravitate to the SUVs, peering through their windows and slipping into their leather seats.

Many said they were looking for a powerful engine, but no one asked about gas mileage. In oil-rich Venezuela, gasoline costs as little as 12 cents a gallon due to government subsidies, and SUVs are selling briskly.

"Everyone wants to buy a 4-by-4," said Jose Moreno, a 49-year-old businessman examining Fords at the Caracas show this month. "And since gasoline is cheap, you don't think twice about spending on that."
Cheapest in the world
Venezuelans see cheap fuel as a birthright. Filling up an SUV's tank with high-octane gasoline costs roughly $3 -- less than the price of two jugs of drinking water.

And as oil exports have boosted the economy, the country has experienced a boom in auto sales, including gas-guzzling four-wheel-drive vehicles that have lost appeal elsewhere.
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Old 08-04-2008, 10:28 AM   #7
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$4.36...and we produce the shit!!!
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Old 08-04-2008, 10:28 AM   #8
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it's $1.44 a liter here which is like 6.50 per imperial gallon, or 5.45 per us gallon.
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Old 08-04-2008, 12:45 PM   #9
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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.
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Old 08-04-2008, 12:46 PM   #10
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3.65 here down from 3.99 last week.
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Old 08-04-2008, 12:51 PM   #11
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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.
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Old 08-04-2008, 03:01 PM   #12
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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.
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Old 08-04-2008, 03:03 PM   #13
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$4.44 here in Crapchester
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Old 08-04-2008, 03:15 PM   #14
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$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!
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Old 08-04-2008, 03:47 PM   #15
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Quote:
Originally Posted by J4RR View Post
$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.
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Old 08-04-2008, 03:49 PM   #16
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I want my 87 cents per gallon back....
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Old 08-04-2008, 03:52 PM   #17
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when the comodities buyers get scared that oil is threatened, gas will shoot back up.


f'in futures market
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Old 08-04-2008, 03:53 PM   #18
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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.
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Old 08-04-2008, 03:55 PM   #19
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Quote:
Originally Posted by swatjoe592 View Post
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
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Old 08-04-2008, 03:56 PM   #20
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Quote:
Originally Posted by nagelg View Post
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?
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!!
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