Oil hits another record high as dollar tumbles to record low »
Posted By not2needy 1 year, 2 months ago in Business & FinanceOil prices hit all-time highs above $115 a barrel Thursday with reports that oil and gasoline stocks in the United States were lower than expected and as the dollar hit record lows.
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not2needy
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I am a Christian, Married, Liberal, and retired social worker. One son. I enjoy my computer, gardening, reading, cooking and having a ...
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not2needy1 year, 2 months ago
FTA:
Oil and other commodities continued to attract investors as the values of the dollar continued falling and as a hedge against inflation. A weaker dollar also makes oil cheaper to investors overseas.
The euro hit a new all-time high of $1.5982 on Thursday, its second record in as many days against the sagging greenback, and stood at $1.5966 by midday in Europe.
Where do we go from here? If i were Dubya, i would be ashamed to show my face. He's destroyed the greatest nation in the world. Then again, what did we expect from someone so inept as to have destroyed everything he's touched since he was a mere child.
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HannibalBarca1 year, 2 months ago
Sorry to say N2N, your great nation started to slide with the end of WW!!, as Ike said "Beware of the Military Complex" and very few heeded this.
Your nations politics are set up in such a way that every two years you are at each others throats, and also having only two parties every thing is black and white.
Last night was the first time in a while I heard a politician say the other side have good ideas, Osama's comment on Rep, and the schillary even admitted he could beat McC, wow praise of some sort to the other side, unheard of.
As for being the greatest nation on earth ? I know Canada is not the greatest, but I also know there is none better...:-) still luv ya
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jordan111 year, 2 months ago
He's destroyed the greatest nation in the world. >>>>
bush doesn't have that much power. He had a whole lot of help, not the least of which were the fools who voted for him, and the worst of which were the likes of the media, the religious wrong, the swift boat liars, the Congress, Cheney, Rice, Ashcroft, Wolfawitz, and on and on and on. It was a group effort.
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AntiNeoCon1 year, 2 months ago
n2n, if you will check your history...it was the republican administrations that brought on depressions and recessions when they got the control of the government. They love to whine about the "tax and spend democrats" while they do stupid stuff like cutting taxes while they spend like drunken sailors.
I am afraid we have lost control of oil prices completely and that they will continue to rise. I have to gas my vehicle today, and I notice the gas prices went up another 14 cents since last week. Maybe we will get to the point we can't afford to go to war, that should irritate the NeoCons.
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not2needy1 year, 2 months ago
Gas here is now 3.54 a gallon. We had to gas our vehicles yesterday, because we never let them get below 1/2 a tank with the prices the way they are.
I know republicans have brought on all the depressions and recessions, but if you notice on Propeller, the cons go back as far as they possibly can in attempts to blame it on any democrat. There's little they can actually blame on democrats at this point, we have had a republican president 20 of the last 28 years and most of that time we also had a republican Congress. Let's see them justify that!
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walden31 year, 2 months ago
Imagine if the price of gas tripled under a Democratic president. Wow. I can hear the big M Media whining now. Rush would have the lemmings throwing rotten tomatoes at the Whitehouse. There would be widespread civil unrest.
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quackpot1 year, 2 months ago
With a bit of common sense, gas prices are irrelevant.
All one needs to do is to ALWAYS park at the TOP of a hill. Then, it is a simple matter to coast down - NO gas required.
The only difficulty at all is on the way home when one might have to wait a bit for a group of strong people who are willing to push the car back up the hill.
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not2needy1 year, 2 months ago
When you put an oil man in the whitehouse what do you expect him to do?? And he did it!
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not2needy1 year, 2 months ago
Wolfie doesn't like anything that points out shortcomings of this republican admin or any republican as far as that goes.
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not2needy1 year, 2 months ago
ONLY if they have ALL the money ever printed, only then will they be happy.
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aquaman1c511 year, 2 months ago
people don't worry about Mcain everything looks great for him now because know one is paying attention wait to the dems have there nominee watch how fast his warts pop up
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NoWayMan1 year, 2 months ago
y'know, the repubs told me: if I didn't vote for bush, the price of oil would go above $100/barrel.
well, I didn't vote for bush. and dammit, those republicans were right. cause now look, its way over $100/barrel.
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SpareChange1 year, 2 months ago
People keep saying that the dollar will rebound, it always has. My point is that in the past, there wasn't another option. But today, there's the Euro. The gobal market can just shift to using the Euro and let us wallow with our debt.
Thanks to Republican Rule, the American Empire is at an end. We had what, 20 years? Pathetic.
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hdthehn1 year, 2 months ago
Note that the folks who sunk this story did't have the courage to comment in refutation. Why, possibily because to defend Bush's policies at this point would be assinine as was sinking this article.
Where is Alpha, Bobo, tanglang, danmliberals, dropkikalib, capecoral, injest and all the other loyal to the grave conists???
Praying for a miracle come November.
I would like to see their posts on this one. I'm looking for more evidense that proves their superiority to themselves over the rest of us.
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not2needy1 year, 2 months ago
They never have the nerve to comment, however, how can they? They know they're wrong!
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crghss1 year, 2 months ago
What a bunch of whiners. You don't know how easy you have it. No wonder immigrants laugh at us. After they take a '57 Chevy tie 55 gal barrels to it, rig the drive shaft as a propeller AND THEN sail it across an OCEAN to come to this great country. All on the chance they might be able to stay.
If the "the American Empire is at an end" then its because of weak spineless cupcakes like you all. Most of you don't even deserve America. You cry at every chance you get. BooHOOO gas is to high. BOOHOO my food cost more, boohoo he believes in religion, boohoo we're all domed.
GOD, what a bunch of soft a55, hind tit sucking wimps. Makes me want to puke. There would be no America if you chumps got on the Mayflower. What am I saying you couldn't get on the MayFlower. No Air conditioning, Maid service and 3 meals a day.
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Tcaros1 year, 2 months ago
Bush and Cheney have to raise money to pay off the global crime syndicate they're runnining!
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Tcaros1 year, 2 months ago
We need to kick the Republicans out of office and investigate price fixing.
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wildman65571 year, 2 months ago
Prices may be going up wildly, but it is a relief to know that according to the government, there is almost no inflation.
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nostalgia1 year, 2 months ago
We need elected representatives who realize that energy policy should include short AND long term goals
It is great to have a long term goal of energy independence but if there is no short term measures you will continue to see prices spiral upward
More drilling in the short term to keep prices more reasonable with more money for research into alternative fuels. Nothing should be off the table including nuclear
Congress has failed to recognize that short term measures are needed now. When the state of VA wanted to be able to decide if they would drill offshore, Congress said NO
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