Price Of Oil Skyrocketing Again
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From: Why-homing
McCain and Obama dont have a clue how to drop the price at the pump
McCain, Obama Clueless on Oil BP,COP,F,GM,OIL,USO,XOM - TheStreet TV
McCain, Obama Clueless on Oil BP,COP,F,GM,OIL,USO,XOM - TheStreet TV
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From: Why-homing
check this **** out
The Chinese government said Thursday it would raise the price of gasoline by 16% and diesel fuel by 18%. Investors initially believed the price hikes could dampen demand from China's growing economy.
"This is going to finally mean that the Chinese are going to feel more of the pain," said Peter Beutel, oil analyst with Cameron Hanover.
However, many investors Friday believed that Chinese refiners may start purchasing more oil, since the price hike would likely increase their margins.
The Chinese government said Thursday it would raise the price of gasoline by 16% and diesel fuel by 18%. Investors initially believed the price hikes could dampen demand from China's growing economy.
"This is going to finally mean that the Chinese are going to feel more of the pain," said Peter Beutel, oil analyst with Cameron Hanover.
However, many investors Friday believed that Chinese refiners may start purchasing more oil, since the price hike would likely increase their margins.
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From: Why-homing
Oil sets record above $140 a barrel on supply concerns - Jun. 26, 2008
Intraday record set on $5 surge as comments from OPEC, Libyan officials raise supply and price concerns.
Intraday record set on $5 surge as comments from OPEC, Libyan officials raise supply and price concerns.
Diesel Wrench
Joined: Mar 2007
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From: Oklahoma
i hate the high price of fuel... the airline index is now down 93%.....FedX and UPS have both lost in their company's stock market value.... the market value of railroads stocks have held up.... fuel cost is paid by the shipper (consignee) in many cases...
while i hate the high fuel prices i look foward to the new all electric cars, CNG cars and trucks, and all the many different ways energy will be generated and saved in the future.... there's also proof that people are now buying homes closer to their work places.... the current changes are not huge but they are measurable....
just think, biking and walking to work might happen...
while i hate the high fuel prices i look foward to the new all electric cars, CNG cars and trucks, and all the many different ways energy will be generated and saved in the future.... there's also proof that people are now buying homes closer to their work places.... the current changes are not huge but they are measurable....
just think, biking and walking to work might happen...
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From: Why-homing
the big thing I see right now is oil futures are traded in dollars so this is bringing in lots of foreign investors to take advantage of a easy buck...........lots of investors
It is like the United States is having a 50% off sale.
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From: Why-homing
pretty close
also most of the funds out there are playing oil and gas stocks very heavy just to keep their portfolio from drownding.............you seen what the DOW and NAS are doin lately
