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Oil slips to $66 on terror arrests »
Posted by: STONERS 2 years, 6 months agoOil slipped towards $66 a barrel Monday following sharp gains at the end of last week when Saudi Arabia said it had foiled an al-Qaeda linked plot to attack oil facilities.
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Comments: 44
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STONERS
April 30, 2007, 12:49 p.m."Saudi Arabia's announcement has served as a sharp reminder to the market of the potential risks to oil supplies," said David Moore, an analyst at Commonwealth Bank of Australia. "Those risks are not likely to go away soon."
((((And they keep telling us these Bullsh*t stories so they can keep raising the prices on us))))
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BronxBomber
April 30, 2007, 1:12 p.m.How much is enough for these oil a-holes? How much are we going to endure this nonsense?!
When is enough,enough!?
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STONERS
April 30, 2007, 1:17 p.m.I know a few people that are having a really hard time because of these high gas prices and having to make serious choices over it.
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johnkamis64
April 30, 2007, 2:43 p.m.When we wrest control back from the BushBitches,(Post your fave for "BushBitch of the Week" by Friday!!!)we will need to make an example of the war profiteers.
Get a rope.
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Dionys
April 30, 2007, 4:25 p.m.Well. Gas is already going up despite oil going down.
Oil will go up once people discover that peak's been hit in a lot of places.
Better sell those non-diesel Hummers fast.
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Radiofreeeuropa
April 30, 2007, 4:56 p.m.Most analysts agree that the lack of refineries is what drives oil prices higher. If they make more money per barrel by not building new refineries, why the hell would they ever build a refinery?
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lovermanComment has been removed: User banned.
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Tango57
April 30, 2007, 6:50 p.m.What happened to Congressional oversight? I haven't heard one word on the topic....the excuses used can be created without substance, much like the war in Iraq...yes, they did it again.
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Cybnetic
April 30, 2007, 8:47 p.m.what is this crap and ****** about oil going down what are gas prices are sky high!!! (*^#()@!)$)#@! THIS ******!!!
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Countryhick
May 1, 2007, 1:02 a.m.Gas prices set to fall to $2.05 by the middle of May .
Spread the rumor , might get someones attention !
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Rubes
May 1, 2007, 5:20 a.m.This just in: a fly lands on a refinery ladder. Oil goes up to $75 in fear of collapse.
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maynuh
May 1, 2007, 7:43 a.m.Interesting...crude goes down and gas goes up..and of course the oil companies posted their disgusting profit figures. Why don't they spend some of their record profits to upgrade these refineries.. OH, that's right, the top execs wouldn't be able to steal so much money that they call bonuses, etc. It is gouging any way you look at it and the damned government allows it.
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slate
May 1, 2007, 9:54 a.m.No matter what happens it goes up, it's easy for those looking to profit to make some kind of excuse.
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AntiNeoCon
May 1, 2007, 10:04 a.m.If there is such a refinery shortage, why did they close the one here when it was making money? I worked part time out there. They suddenly decided to move their offices to Texas and left town, had the refinery completely torn down. That was a few years ago though.
I have heard that other refineries were closed too, but don't know how reliable that information was. Its nice to know that we are paying the oil rich countries top dollar for their oil so they can support our enemies.
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jumpmaster
May 1, 2007, 10:47 a.m.The profits on gasoline are OBSCENE! And I am talking about the profits that the government gets, not the oil companies.
When I put a dollar of profit into the oil company's pockets, at least I get to drive my car somewhere. There is some value there.
When I put a dollar of profit into the government's pocket, I don't get jack squat. The roads are in terrible condition, the freeways are always jammed because there aren't enough of them. Etc., etc.
I am not sticking up for big oil. I am just saying that at least I am getting something for my money from them.
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engineer
May 1, 2007, 11:48 a.m.Slips? In 2000 it was $18 per barrel. What a crock!! They are ripping us off and this administration doesn't care.
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joeblowe
May 1, 2007, 11:56 a.m.Gas is still $3.15 a gallon many places around here. Gas prices are NOT affected by supply and demand - they are affected by RUMOR and PROGNOSTICATION.
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teaparty
May 1, 2007, 1:26 p.m.Have we as a nation lost sight of who we are. Last year when oil was $75.00 per barrel, we were paying $3.00 per gallon for gas. Today a barrel of oil is $66.00 per barrel and we are paying $3.00 per gallon. The oil company's continue turning in record profits for companies in any industry; meanwhile, school bus budgets, police and fire services budgets, etc. are being busted so a "cartel" can continue to rape our country. Why are we as a nation letting 5 companies ruin our country.
As a whole, we the people have lost our representation. It is time for us to stand up and take back this country from lifetime/political crooks and corporate robber barons. When was the last time your medical premiums went down. If anyone pays attention to the stock market you will quickly see that
the insurance companies and the gas companies are more profitable than any other time in history. But, a large percentage cannot afford heath insurance for their families.
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