You put 87 in your mr2?

Mind sharing where you got these info :D? and the 50cent drop prediction.

if that is true...

:woot2:

Hey. Some people are ballers on a budget. :fullofwin:

Oil pricing wise, Money CNN has commodities pricing chart. Silver also tanked hard along, Gold not so bad, others tanked a bit.
We also have USD being rallied and getting its value bumped back up. Gotta remember that Oil and commodities are also traded in USD.
finance.google.com = good place to look for market stuff anyhow.
http://community.nasdaq.com/News/201...?storyid=74488


Nonetheless, commodities market is purely speculation. Oil prices were driven high due to speculation of emerging markets like China with oil consumption, along with a low valued USD. Tanking of USD usually drives commodities pricing too (uncertainty in currency= people buy gold)
Despite the emerging markets, the reports of US consumption of gas going down because of high gas prices has driven speculation that demand will fall (thus we see the bubble burst). We also need to take note that oil trading is via inventory and reselling them later on at higher prices. Theres oversupply, not enough demand thus again a reason for bubble burst.

"On the demand side, gasoline demand in the U.S. has been on a steady decline since last August, and dropped another 2.2% in the week ended April 29 to 8.94 million barrels a day, according to the U.S. EIA data. On a four-week average, gasoline consumption was 1.9% lower than a year earlier."

http://community.nasdaq.com/News/201...?storyid=74760
this will explain better.

and the 50cent drops:
http://www.vindy.com/news/2011/may/0...drop-50-cents/

50cent drop!
http://www.blogcdn.com/www.thebvx.co...87_284x160.jpg
Posted via RS Mobile

^ well played

Anyone else find this extremely impressive?

noooo i would never do that. chevron 94 goes into my mr2 and 87 goes into my civic

:fuckyea:

comex markets are all based on speculation. regardless of what numbers say.

the recent drop in sil. gold and oil could be credited to changes in regulation withing the comex trading (mainly to drive out speculators). but this could change anytime.

now a days prices on comex markets dont reflect real world numbers but more reflect speculations.

Damn if that price drop is real then I'll be more than content.

yeye... below $1.00 would be BAUSE =.=

seriously.. this is gettin me excited lol

If gas is like $1.20 for 91/94 range that'll be good enough for me.

$1.50 is just a rip off...

I go to the states, costco more specifically to fill up my beater,

over there a full tank is 35 bucks,

here a full tank is near 60 bucks,

I do that... but then, it is what it is... a 20 year old car that I don't really care about anymore. It doesn't knock and it still hits 16psi on 87 so why bother paying more. Could care less if the car blew up.

What do you think happened to gas prices when oil was half the price it is now? It's not going under 1$ at the pumps ever and I would venture to say it will continue going up since it's at 102$ per barrel now.

yea commodities market is on the rise again with the stocks rising with it especially in the energy sector. its a rough cycle and who knows if the oil will get another massive sell off again by the end of the week

guys, just give your gf less rides and you will save a lot of gas :troll:

gas is right back up to $1.389........... where's the god damn price break? they're quick to up the price for ANY reason but super slow and unwilling to lower prices.

what if you have no girlfriend? :alone:

Yup. 1 god damn day of $1.34 and back up to $1.39 SHIT!
I missed out, should've made some time to fill up.

All those blogs hopefully will keep speculating. The US has been consuming less and less gas, hopefully bringing prices down, I don't need it to hit below $1, but paying over $1.50 for 91 right now is stupid, pay to play but still, greedy asshats.

I figure as long as people keep speculating for a drop, and people start to hold out for said speculation drop, it will eventually come if people start holding out. Nobody buys gas=companies dont make money. I know I don't boost very often at all anymore, just to save that extra gas to last 1 more day of DD'ing.

This is the site to look for, will help u plan
tomorrowsgaspricetoday.com
Posted via RS Mobile

^^ .... if that site is ever correct I might shoot myself.

I go there, check Vancouver for the drop down.


Barrel of Crude Oil = $98... estimated gas price for Tuesday May 10 = $144.9

WTF?!?! Oil dropped $4/barrel since Saturday and prices are still jacking up, fuck that.

Why am I so addicted to V8's. Nothin in my arsenal has less then 5.8 liters. :(

Gas price has just gone up to $1.43/L in Vancouver after midnight....

it was $1.36/L at 11pm :(