The Business and Financial Forum THIS SPACE OPEN FOR ADVERTISEMENT. YOU SHOULD BE ADVERTISING HERE!
Revscene Wall Street.
Consolidating debt? Good business tips? Buying stock? How's our economy doing? Discuss and share advice and tools on everyday banking, investing, wealth management and insurance. |
 | | 
10-10-2008, 08:45 PM
|
#1 | | I only answer to my username, my real name is Irrelevant!
Join Date: Oct 2002 Location: CELICAland
Posts: 25,668
Thanked 10,388 Times in 3,914 Posts
Failed 1,390 Times in 625 Posts
| Crude is $77 a barrel now
-_- http://www.bloomberg.com/energy/
Nymex Crude Future 77.70
soooooooooooooooooooooooooo you know what im gonna say.... we're all thinking it...... -_-
still $120 in maple ridge
Last edited by StylinRed; 10-10-2008 at 08:45 PM.
| 
|  | |
10-10-2008, 08:53 PM
|
#2 | | Revscene.net has a homepage?!
Join Date: Jun 2004 Location: Coquitlam BC
Posts: 1,265
Thanked 94 Times in 48 Posts
Failed 30 Times in 8 Posts
|
what was the gas price when it first hit 77?
| |
| | |
10-10-2008, 09:00 PM
|
#3 | | What hasn't Killed me, has made me more tolerant of RS!
Join Date: Jul 2004 Location: vancouver
Posts: 179
Thanked 8 Times in 7 Posts
Failed 0 Times in 0 Posts
|
yes!! thats wat i was wondering as well...they're fast to jack up the price yet slow to bring it back down...why?
| |
| | |
10-10-2008, 09:40 PM
|
#4 | | Willing to sell body for a few minutes on RS
Join Date: Jul 2001 Location: Cloverdale
Posts: 11,586
Thanked 3,790 Times in 1,350 Posts
Failed 83 Times in 42 Posts
| Quote:
Originally Posted by candy_jai  yes!! thats wat i was wondering as well...they're fast to jack up the price yet slow to bring it back down...why? | Simple answer is because they can.
__________________
“The world ain't all sunshine and rainbows. It's a very mean and nasty place... and I don´t care how tough you are, it will beat you to your knees and keep you there permanently, if you let it. You, me or nobody, is gonna hit as hard as life. But ain't about how hard you hit... It's about how hard you can get hit, and keep moving forward... how much you can take, and keep moving forward. That´s how winning is done. Now, if you know what you worth, go out and get what you worth.” - Rocky Balboa | |
| | |
10-10-2008, 11:43 PM
|
#5 | | I only answer to my username, my real name is Irrelevant!
Join Date: Oct 2002 Location: CELICAland
Posts: 25,668
Thanked 10,388 Times in 3,914 Posts
Failed 1,390 Times in 625 Posts
| Quote:
Originally Posted by silva95teg what was the gas price when it first hit 77? | well as i just found out in the VAC it looks like when crude was $68.74 back in 2006 gas was selling at $1.12+ a litre
:/
| |
| | |
10-10-2008, 11:48 PM
|
#6 | | Revscene.net has a homepage?!
Join Date: Aug 2007 Location: RICHMOND
Posts: 1,299
Thanked 200 Times in 76 Posts
Failed 56 Times in 20 Posts
|
i got it for 109 2day in rihcmond  | |
| | |
10-11-2008, 08:23 AM
|
#7 | | Willing to sell a family member for a few minutes on RS
Join Date: Feb 2005 Location: Surrey
Posts: 12,760
Thanked 689 Times in 376 Posts
Failed 61 Times in 38 Posts
|
Gas is 121.9 in Surrey, Its 115.9 in vancouver, wtf.....
| |
| | |
10-11-2008, 08:29 AM
|
#8 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Feb 2002 Location: Vancouver
Posts: 8,357
Thanked 3,993 Times in 1,542 Posts
Failed 35 Times in 27 Posts
|
132.9 in MB
__________________
Crush - 1971 Datsun 240z - Build Thread
The Daily - Rav4 V6 - “Goldilocks”
| 
| | |
10-11-2008, 09:49 AM
|
#9 | | OMGWTFBBQ is a common word I say everyday
Join Date: Jun 2004 Location: vancouver
Posts: 5,482
Thanked 386 Times in 177 Posts
Failed 64 Times in 20 Posts
|
got mine last night at 114.2 at chevron
| |
| | |
10-11-2008, 11:09 AM
|
#10 | | Proud to be called a RS Regular!
Join Date: Nov 2001 Location: Hong Kong
Posts: 136
Thanked 0 Times in 0 Posts
Failed 0 Times in 0 Posts
| Quote:
Originally Posted by candy_jai yes!! thats wat i was wondering as well...they're fast to jack up the price yet slow to bring it back down...why? | Here's my theory: World forces cause oil prices to go up. From China to US to you, the driver.
Vs.
Only local forces drive oil prices downwards. In other words, only competition (or gas price wars) between local gas stations will push prices down.
| |
| | |
10-11-2008, 11:47 PM
|
#11 | | Fathered more RS members than anybody else. Who's your daddy?
Join Date: Aug 2002
Posts: 25,029
Thanked 11,715 Times in 5,013 Posts
Failed 316 Times in 202 Posts
|
$1.05.9 for regular
$1.11.9 for premium
at Costco in Abbotsford on Friday.
__________________ Quote: |
"there but for the grace of god go I"
| Quote: |
Youth is, indeed, wasted on the young.
| YODO = You Only Die Once.
Dirty look from MG1 can melt steel beams.
"There must be dissonance before resolution - MG1" a musical reference.
| |
| | |
10-11-2008, 11:52 PM
|
#12 | | HELP ME PLS!!!
Join Date: Jun 2005 Location: vancouver
Posts: 5,688
Thanked 251 Times in 71 Posts
Failed 40 Times in 12 Posts
|
112 at chevron by bcit
| |
| | |
10-12-2008, 09:30 AM
|
#13 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Mar 2006 Location: Burnaby
Posts: 8,027
Thanked 552 Times in 237 Posts
Failed 31 Times in 24 Posts
|
.997 right after the border!
| |
| | |
10-12-2008, 06:59 PM
|
#14 | | Banned (ABWS)
Join Date: Oct 2006 Location: vancouver
Posts: 920
Thanked 0 Times in 0 Posts
Failed 0 Times in 0 Posts
|
when gas is a dollar a litre
i can finally feel like im not getting jewed
| |
| | |
10-17-2008, 09:30 AM
|
#15 | | Blood tests positive for LOL mod
Join Date: May 2002 Location: World
Posts: 12,999
Thanked 1,263 Times in 325 Posts
Failed 83 Times in 18 Posts
| | |
| | |
10-17-2008, 09:43 AM
|
#16 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
Thanked 160 Times in 74 Posts
Failed 57 Times in 18 Posts
| Quote:
Originally Posted by Mananetwork | That's just FUCKING INSULTING
it's 121.5 here
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
| |
| | |
10-17-2008, 10:01 AM
|
#17 | | Banned (BBM)
Join Date: Jul 2004 Location: Vancouver
Posts: 16,142
Thanked 627 Times in 368 Posts
Failed 1,106 Times in 390 Posts
| Quote:
Originally Posted by xxthanhxx when gas is a dollar a litre
i can finally feel like im not getting jewed |
weird i said the same thing and i got flamed and received points
hmm 
oh well watever
but wtf why is gas still staying at 1.21 untouched
fucking gay
| |
| | |
10-17-2008, 10:13 AM
|
#18 | | Willing to sell a family member for a few minutes on RS
Join Date: Feb 2005 Location: Surrey
Posts: 12,760
Thanked 689 Times in 376 Posts
Failed 61 Times in 38 Posts
| Quote:
Originally Posted by Mananetwork | Wow and its 121.5 here..... so sad...... . I guess all we can be happy for is that is will keep decreasing SLOWLY if that even happens.
| |
| | |
10-17-2008, 10:22 AM
|
#19 | | OWNER/C.F.O./MONEYMAN
Join Date: Mar 2001 Location: Vancouver
Posts: 16,486
Thanked 2,253 Times in 626 Posts
Failed 6 Times in 3 Posts
|
opec controls the prices.
prices of oil goes down, opec cuts production to raise it back up. they are the fundamental balance to the market price. Quote:
Originally Posted by NavybeanMINI Here's my theory:
World forces cause oil prices to go up. From China to US to you, the driver.
Vs.
Only local forces drive oil prices downwards. In other words, only competition (or gas price wars) between local gas stations will push prices down. | | |
| | |
10-17-2008, 10:40 AM
|
#20 | | Proud to be called a RS Regular!
Join Date: Nov 2001 Location: Hong Kong
Posts: 136
Thanked 0 Times in 0 Posts
Failed 0 Times in 0 Posts
| Quote:
Originally Posted by !SG opec controls the prices.
prices of oil goes down, opec cuts production to raise it back up. they are the fundamental balance to the market price. | I think you're right but that does not explain why retail gas pump prices do not fluctuate along with OPEC controls. Or why gas stations are so quick to jack up prices but so slow to lower them down.
One theory would be this. Only competition from other regional retail gas stations will drive prices down for your next tank of gas while OPEC can jack it up with one swift decision.
| |
| | |
10-17-2008, 11:11 AM
|
#21 | | Banned (BBM)
Join Date: Jul 2004 Location: Vancouver
Posts: 16,142
Thanked 627 Times in 368 Posts
Failed 1,106 Times in 390 Posts
| Quote:
Originally Posted by NavybeanMINI I think you're right but that does not explain why retail gas pump prices do not fluctuate along with OPEC controls. Or why gas stations are so quick to jack up prices but so slow to lower them down.
One theory would be this. Only competition from other regional retail gas stations will drive prices down for your next tank of gas while OPEC can jack it up with one swift decision. |
i understand one thing, because they can
which is fine~
but it just doesnt explain why a week ago gas price was at $1.06 than bang now are around $1.21-1.25 ~ why? there was no increase, so no reason to lower it than jack the shit up
| |
| | |
10-17-2008, 11:20 AM
|
#22 | | Proud to be called a RS Regular!
Join Date: Nov 2001 Location: Hong Kong
Posts: 136
Thanked 0 Times in 0 Posts
Failed 0 Times in 0 Posts
|
Who knows, maybe regional oil reserves play a role as well but only the distributors will know why the prices went up and they can't be bothered to explain to consumers every time there are fluctuations.
Leave it to the government to pressure oil companies to lower their prices. I'm sure they would love to see the additional taxes raised from high oil prices vanish.
| |
| | |
10-17-2008, 11:29 AM
|
#23 | | OWNER/C.F.O./MONEYMAN
Join Date: Mar 2001 Location: Vancouver
Posts: 16,486
Thanked 2,253 Times in 626 Posts
Failed 6 Times in 3 Posts
|
they actually do, they just dont here in bc. and the reasoning behind it is "because they can"
there isnt enough competition. how many small independantly owned gas stations do you see in bc? how many do u see across the country or even in ontario compared to here in bc? no competition, no fluctuations in the prices.
stocks, investments, bonds, mutual funds, seg funds, all fluctuate from not only the market prices, supply n demand, but also the human aspect, consumer confidence, popularity, awareness... thats part of the slight unknown factor that u cant bet on. same with gas, they play with the consumers minds. oil prices go up, gas goes up instantly, oil prices go down, gas prices go down in a week or so.
we all know that gas companies buy their oil 3 weeks in advance. so technically the gas prices should reflect the oil prices 3 weeks prior. there is "should" and there is "reality of exploitation"
oil manufactuers will never admit to cartels... Quote:
Originally Posted by NavybeanMINI I think you're right but that does not explain why retail gas pump prices do not fluctuate along with OPEC controls. Or why gas stations are so quick to jack up prices but so slow to lower them down.
One theory would be this. Only competition from other regional retail gas stations will drive prices down for your next tank of gas while OPEC can jack it up with one swift decision. | | |
| | |
10-17-2008, 11:32 AM
|
#24 | | MiX iT Up!
Join Date: May 2006 Location: vancouver
Posts: 8,138
Thanked 2,069 Times in 867 Posts
Failed 642 Times in 183 Posts
|
wont be 77 for long ... the A-Rabs just decided to cut production. freaking A-Rabs!
__________________
Sometimes we tend to be in despair when the person we love leaves us, but the truth is, it's not our loss, but theirs, for they left the only person who couldn't give up on them.
Make the effort and take the risk..
"Do what you feel in your heart to be right- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't." - Eleanor Roosevelt | |
| | |
10-17-2008, 11:36 AM
|
#25 | | Raping Captured Dolphins since 2002 on EZ board days
Join Date: Jul 2002 Location: Hong Kong
Posts: 6,251
Thanked 658 Times in 191 Posts
Failed 78 Times in 45 Posts
| Quote:
Originally Posted by tiger_handheld wont be 77 for long ... the A-Rabs just decided to cut production. freaking A-Rabs! | Aka sell your USD dollars now, and rebuy later 
__________________ Quote:
Originally Posted by asian_XL apparently, freedom of speech does not exist on RS
| Quote:
Originally Posted by Alphamale I give a lot of people rim jobs. | My Feedback | |
| | | |
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts
HTML code is Off
| | |
All times are GMT -8. The time now is 07:39 PM.
|
You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!
The banners on the left side and below do not show for registered users!
