Oil Prices Drop!

[Kyle2k]

Originally Posted by gtahvit

Unfounded, unproductive, unnecessary and off topic. If you want to bash President Bush, or any other politician, start another thread. That way those of us that don't want to hear it can avoid it.

Otherwise relate your claims and opinions about the President to the current thread in a way that at least makes your position arguable.

I really don't want to start an argument, but im really getting sick of hearing about taxes sucking in every situation of life as well

[stovt001]

Originally Posted by Kyle2k

I really don't want to start an argument, but im really getting sick of hearing about taxes sucking in every situation of life as well

On the contrary, this nation was founded on the principle that we hate taxes and will get up in arms over the smallest hike. Protesting taxes is the original American past time, going far beyond baseball, apple pie, and Chevrolet.

[Kyle2k]

Originally Posted by stovt001

On the contrary, this nation was founded on the principle that we hate taxes and will get up in arms over the smallest hike. Protesting taxes is the original American past time, going far beyond baseball, apple pie, and Chevrolet.

Touche....

[chadrcr]

Originally Posted by Kyle2k

The stimulus package is a joke and an attempt to buy some happiness back in the American people. A weeks paycheck worth of money (or less) isn't going to make a boost like that.

What people really need is someone to tell them to grow some balls and start investing no matter what speculators seem to "know" and put the people back in control of the economy.

it is not even a good joke;
Sure it is nice that 'we' get a few of our $$$ back... The funny part is how the Reaganomics - supply side economists- have turned 'repeatedly' to funding a 'demand' side economic boost- with the tax 'rebate'.

[NOODLESgoneWILD]

Originally Posted by NOODLESgoneWILD

How about the goverment regulate Oil prices...that would jump start our economy better than anything else.

Originally Posted by gtahvit

Are you serious?
The way I see it, if you wouldn't want the gov to regulate your paycheck then they shouldn't regulate anything else. jmho.

Edit: In some of my earlier posts I've cited data that shows the government makes far more money on a dollar of gas then the oil companies do. This thread is full of good information that may be worth your time, if you haven't already seen it.

http://www.camaro5.com/forums/showthread.php?t=4228

I don't think we want them to be able to set the price of gas at will. The only people who make more money on a gallon of gas is OPEC. Too close to socialism for me.

Well...when I mean regulate it...I mean keep the price with-in reason, and regulate it from climb so high so fast!

[TAG UR IT]

Prices will go back up.

That economic stimulus package helped me to pay off some bills. It wasn't any joke to me!

[Camaroman_99]

If I was a betting man, I would say that oil will go back up.... but I am thankful for the price going down... Just wish it would stay down:(

[GTAHVIT]

Originally Posted by TAG UR IT

Prices will go back up.

That economic stimulus package helped me to pay off some bills. It wasn't any joke to me!

+1

In my opinion it wasn't fair but it helped. The only problem I have with it is that if you made too much money, you didn't get as much in your check. but you paid more in taxes.

Originally Posted by Camaroman_99

If I was a betting man, I would say that oil will go back up.... but I am thankful for the price going down... Just wish it would stay down:(

It will stay down if we can drill, build refineries, and get alternative fuels to the market.

[DGthe3]

I've heard that there is going to be an investigation into price manipulation, caught a little blurb on the news last night. I can't tell you anymore, has anyone else heard something similar?

[GSX]

Originally Posted by DGthe3

I've heard that there is going to be an investigation into price manipulation, caught a little blurb on the news last night. I can't tell you anymore, has anyone else heard something similar?

I have heard about it too. Here's a link to an article about it.

[GTAHVIT]

My impression is congress flexing. But, if they find information that is credible. Then I say hammer away with the Ati-trust law suit.

[chadrcr]

Where is Teddy Roosevelt (the trust-buster) when you need him?
All that work they did 100 years ago- splitting up oil companies....
Now they are merging back together. Supposedly to cut costs, definitely to increase profits, probably not to benefit consumers (at least with $per gal).

[Twins]

i'm screaming the US and Canada need to use a single Currency b/c they use the canadian dollar... we could equal or beat the Euro...

[GTAHVIT]

Originally Posted by aston70

I've been watching oil today, it just jumped almost $9 today. At the time of this post: $8.81 according to CnnMoney.com.

And of course gas prices are already rising at the pumps here. And, No, prices didn't drop at the pump when oil prices dropped. Why do they go up so quickly at the pump when oil is up???