Oil Prices Gas Prices thread



6-16-2013 Gas $10 in Chicago expect to hit $20 by Tuesday

6-6-2014 Gas now heading towards $7 in Chicago

4-30-2013 Gas heading to $6 in Chicago

4-23-2013 Gas rising fast, at 20 cents a day and approaching $5 in Chicago

4-12-2013 Oil and Gas falling

2-13-2013 U.S. to lift domestic oil export ban, expect $12 gas

2-13-2013 Gas back over $5 in Chicago, Hedge fund managers expect $8 gas and tell consumers not to complain about it.

1-29-2013 Jumped another 30 cents last night, Gas back over $4 in Chicago

1-22-2013 Gas spiking 30 cents - jumped to $3.57 on way back to $4 in Chicago

1-16-2013 Oil back above $94

11-13-2012 Gas soars back over $4 in Chicago

9-20 Congress raising gas prices

9-16 Americans pinched by record high gas prices

3-27 Americans want President Romney to fix gas prices

3-25 National average hits $3.93 $4.56 in Chicago

3-21 Crude Oil is Going to $500 a Barrel

3-21 Oregon eighth state to hit $4 a gallon

3-17-2012 Republicans say gas will go higher if U.S. ends fuel subsidy

3-12-12 National gas average $3.80, many states over $4

12-29-2011 Afghanistan signs $7 billion oil deal with China

11-16-2011 Koch Brothers to ship U.S. and Canadian Oil to China - expect oil $200 gas $10

7-11-11 Oil speculators already have oil back to where oil was before the release of reserve oil.
Gas prices back over $4 in most of the country and close to $5 in Chicago

6-28-11 Obama release oil from the reserves for only third time in history despite there being no shortage of oil.

5-14-11 Refiners send gas overseas and lower inventories to raise U.S. prices

4-28-2011 Expect oil over $1000, International Energy Agency says world is out of oil

4-25 Chicago stations told to expect gas over $10 and begin changing signs for four digits.

4-24-11 Gas prices hurts Obama re-election hopes

4-8-11 Oil over $111

4-4-11 Oil above $108 Gas over $4 in Chicago closing in on $5

3-15-11 Hawaii becomes first state with $4 gas average

2-23-2011 Oil prices hit $100 per barrel

2-21-11 Oil prices surge over $5 on Middle East violence, Gas prices set to double

2-12-11 Gas prices highest ever for February

2-11 Donald Trump says gas will hit $8 in 2011

2-9-11 Wiki Leaks reveals Saudi Arabia out of oil

1-25-11 Gas prices rise another 25 cents overnight, heading to $5 in Chicago

1-13-2011 Crippling price spike beginning before end of January even.

1-6-2011 Energy price spike Jan 31st expected to bring U.S. & Global economies to knees again like 2008.

12-27-10 Oil over $91, gas now over $4 in Chicago

12-8-10 Gas stations in Chicago now just under $4.00 a gallon

11-10-10 Speculators raise gas prices after election

10-14-10 Chicago PD running drills at stations preparing for mayhem by the projected $6 a gallon by Thanksgiving.

10-4-10 Oil above $81, Gas above $3.25 Chicago region manufacturing activity spurred oil's rally on Friday

9-14-10 Oil inventories at over 30 year high yet Obama allows Oil companies to charge over $4 in midwest for gas

9-13-10 Gas over $4 in Chicago and rising fast

9-9-10 - Pipeline ruptures in Chicago giving excuse to raise prices

7-6-10 BP shares soar as Americans blame Obama for oil spill

6-21-10 Oil goes from $65 to $78 since May 25th

5-27-10 Oil prices climb 4% on U.S. oil drilling ban

5-25-10 Congress quadruples oil tax to pay for oil spill cleanup

5-20-10 Oil plunges 8 percent to lowest level in 10 months
Oil falls below $65 a barrel; gasoline also tumbles ahead of Memorial Day weekend

5-12-10 Oil extends losses to below $76 as euro weakens

5-6-10 Gas nearing $4 in Chicago

4-6-10 Oil approaches $90 because Americans start shopping again

3-31-10 Obama lifts drilling restrictions off U.S. coasts and sells off 70 million barrels of reserve even though we are overflowing with oil.

3-20-10 Gas jumps 30 cents Friday in Chicago, many stations now $3.60 a gallon

3-18-10 OPEC, Oil and Gas Companies thrilled they are getting prices to go higher after down winter.

3-8-10 Oil up 18% since Feb 5th

2-25-10 Gas prices jump 20 cents overnight. Heading towards $4

2-5-10 Oil down to $69 but Gas still 75 cents higher than last year

1-29-10 Oil down to $73 but Gas still 85 cents higher than last year

1-22-10 Oil falls back to $76 America using least amount of fuel in 20 years

Gas in Chicago nearly hit $3.50 but most stations back under $3 except for some station in the city around $3.03

1-7-10 Oil at 14 month high, Gas in Chicago went up another 15 cents to $3.40

1-4-10 Oil over $80 Gas prices rise quickly, $3.25 in Chicago

12-28 Oil jumps over $79, no reason other than they can

12-21-09 Exxon buys Natural Gas producer, some AP idiot says trust Exxon

12-2-09 Iran released captured Brits

11-30-09 Oil prices jump as Iran captures British yacht

11-4-09 11-4-09 Prepare for gas shortage as refiners have nearly stopped making fuel despite oil inventories at 25 yr high.

10-30-09 Oil over $82, oil & gas inventories still overflowing

10-26-09 Oil over $79, Gas nearing $4 in many States

10-16-09 Oil over $75, begins climb to $300, Gas back over $3 and climbing fast despite highest oil and gas inventories ever.

10-13-09 Oil over $74

9-30-09 Oil back over $70, begins climb to $300

9-3-09 BP deep well in Gulf of Mexico hits giant oil reserve

8-12-09 GM rolls out Volt electric car, claim 230 mpg but actually only gets 35mpg

8-2-09 Nissan rolls out The Leaf Electric car due to mass production in 2012, claim 367 mpg

7-27-09 Oil back near $70, gas prices rising for no reason other than they can

7-9-09 Oil and Gas inventories at 25 year highs

7-3-09 "Rogue" trader being investigated for $73 spike in oil. Made unathorized 9 million barrel purchase.

6-30-09 Oil jumps above $73, investors shooting for $8 gallon gas

6-22-09 Oil falls back under $70 to $68. Guess they are running out of places to store all the excess oil and gas.

6-21-09 China stockpiling oil, U.S. oil & gas inventories overflowing yet gas prices remain high. Price gouging because they can.

6-20-09 4,000 traffic detectors indicate Americans driving more for first time since Dec 2007

6-11-09 Gas over $4 now in Midwest on climb towards $8, rising 10 to 25 cents a day now

6-10-09 Oil over $71 - Now past halfway point of Saudi Minister

5-29-09 Oil over $65 now, inventories still at 19 yr highs. Saudi Oil Minister says oil will be $140 by end of the year.

5-19-09 Oil back over $60

5-19-09 Yearly refinery blast excuses start - Delware river Sunoco refinery blows up
Expect $4 gas

5-12-09 Oil over $59, Gas over $3 in many cities already despite oil still at 19 yr highs

5-7-09 Oil up to $57, Gas up to $2.60, rising 10 cents a day. Could be close to $4 by Memorial Day

5-4-09 Oil back over $53, Gas back over $2.50

5-1-09 Oil Componaies profit from being paid to store oil

4-29-09 Oil inventory at 19 yr highs, Oil climbs above $50 despite Swine Flu

4-22-09 OPEC wants oil above $70

4-19-09 Big Oil replaces Walmart as biggest profits. Internet posters caught lying again as they said Big Oil doesn't make any profits on oil.

4-13-09 Oil hanging around $50, Gas hanging around $2.30

4-1-09 Oil makes tempray drop back under $50 but Gas remains over $2 of course.

3-27-09 Oil over $54, Gas rising towards $3

3-23-09 Oil over $52 and climbing fast

3-22-09 Gas back to $2.50 in most of the U.S., rising up to 10 cents a day now.

3-19-09 Oil over $50 No sign of summer blend, prepare for $10 gallon gas

3-9-09 Oil back to $50, Gas in very short supply on purpose despite oil overflowing. Gas well over $2 and rising fast.

3-6-09 Oil back to mid $40's

3-2-2009 Oil inventories at brim yet gas prices continue rising

2-15-09 Latest excuse that it is the worng oil that is cheap

2-10-09 Oil falls below $40 Gas rising over $2 despite still overflowing inventories as Refiners have cut back making Gas.

On top of that Refinery workers still planning on striking.

1-30-09 Refinery workers authorize strike Sunday, prepare for $10 rationed gas

1-26-09 Oil over $48, experts say they are "confounded"

1-23-09 Oil jumps over $47 despite oil inventories overflowing

1-21-09 Oil producers stop pumping oil in the U.S.

1-14-09 Oil falls to $36 Gas prices continue rise, $2 and climbing as Refiners stop producing gasoline.

Expect shortages and prices through the roof.

What other Industry can stop making product and get rewarded so much?


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60 minutes confirms my findings from a long time ago.

60 Minutes - Oil/Gas Industry Raping of America

Oil has nothing to do with Supply and Demand and hasn't for many years now.


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I had a massive long thread on another site where they said oil and gas prices were 100% Supply & Demand. They caved a little when Speculators ran the price up to $147 but went right back to claiming Supply & Demand once the bottom dropped out. Of course now they can't explain the rise in gas prices while oil remains in the $40's.

In any case I can post in here without Republican whackos

1-9-09 Oil falls to $42 while gas prices still rising

Gas had fallen to as low as $1.40 and now close to $2 in most locations again.

Excuses excuses excuses

Have nothing to do with prices other than give reason for false manipulation.

What a scam that people buy.

1-9-2009 Oil slips towards $41 before jobs data

Oil prices slipped toward $41 a barrel Friday as economic gloom deepened ahead of data expected to show a big jump in U.S. unemployment.

Non-farm payrolls figures, due at 1330 GMT (8:30 a.m. EST), are likely to show more than half a million Americans lost their jobs in December, a Reuters poll showed, the highest monthly job losses in 34 years.

"Of course, we are getting used to negative economic news, but this U.S. jobs data is likely to be very, very bad," said Frank Schallenberger, head of commodity research at Landesbank in Stuttgart.

"Short-term, oil is held within a fairly narrow range between $40 and $45. I don't see $50 in the near future."

The market appeared to be largely ignoring evidence that oil producers were cutting output in an attempt to support prices.

Top crude exporter Saudi Arabia is the latest member of the Organization of the Petroleum Exporting Countries to show it is cutting output in line with a deal agreed in December.

It will deepen its supply cuts in February from January to at least three Asian crude buyers, industry sources said on Friday.

Earlier this week, Kuwait and Iran also told customers of bigger supply curbs this month, after the cartel agreed its biggest ever production cut in December in a bid to bolster prices.

While the Gaza conflict does not directly threaten oil supplies, Middle East unrest can bolster prices because countries in the region pump about a third of the world's oil.

no worries .. there will still be republican wackos .. they just can't do anything here

i expect oil to be over $6 a gallon by Summer's end .. or higher
- get your things done done .. and make hay while the sun shines

it is gonna get dark .. we have some time

The excuses are a plenty

1-9-2009 Crude falls below $40 for first time in 2009

Oil prices fell below $40 per barrel Friday for the first time this year as the government reported the nation's worst annual job losses since World War II.

People are traveling less, manufacturers are slashing production and there are job cuts across almost every sector of the economy, leading to a severe drop-off in energy use.

And in another bit of bad news, the average national retail price for a gasoline rose again overnight.

Gas now costs a dime more per gallon than it did just a month ago even as crude prices fall.

Oil prices at one point Tuesday reached $50.47, the highest price since Dec. 1, before the continuing raft of lousy economic news took hold.

But Peter Beutel of Cameron Hanover said in his Friday report that despite the bearish news, he is looking for prices to stabilize, helped by the government's stimulus packages, interest rate cuts in the other countries, low mortgage rates in the U.S., historically low refining rates in the U.S. and the start of refinery maintenance, and OPEC production cuts.

Despite the decline in crude, prices at the pump continued to inch up, climbing 2 cents overnight to $1.782 a gallon, according to auto club AAA, Oil Price Information Service and Wright Express. Prices now a dime higher than a month ago

1-11-2009 Price of gas up nearly 12 cents after long slide

The average national price of gasoline rose nearly 12 cents in the past three weeks, marking the first price hike after six months of steady decreases, according to a national survey released Sunday.

The average price of regular gasoline Friday was $1.78 a gallon, oil industry analyst Trilby Lundberg said.

The increase was the first since July 11, when the average national price peaked at $4.11 a gallon.

Of cities surveyed, the nation's lowest price was $1.34 in Billings, Mont. The highest price was $2.32 in Anchorage, Alaska.

60 minutes confirm what I have been saying for years and was laughed at the other insane website:

1-11-200960 Minutes: Speculation Affected Oil Price Swings More Than Supply And Demand

damn, my budget is going to messed up

yep

agreed

i watched it without any surprise

the other guys at that other forum are completely nuts
- and passe

times change .. truth comes out

1-12-2009 Oil falls below $39

Oil prices fell Monday on concerns over global economic growth

"Given that we're likely to see quite a few rather poor fourth quarter earnings reports, downward pressure will continue to be exerted on oil," said Victor Shum, an energy analyst with consultancy Purvin & Gertz in Singapore. "Worries about the macroeconomic outlook will continue to constrain oil."

Prices of futures contracts for later this year suggest investors expect oil to recover. The March contract trades near $46 a barrel while the April contract trades above $49.

"The expectation is that pricing will regain strength, and it's not a question of if but when," Shum said

. . . and yet the price of gasoline - nationally - has been steadily increasing over the last 3 weeks

a penny a day would be $3.65 *MORE*, next year .. spread it out a little more and we see the artificial manipulation of the market.
- but it doesn't come a penny a day or a penny a week .. the trend is always UP .. no matter the demand
- forces see to it and the "excuses" are a plenty