gas101CA

All-Star Author
California
Posts:632 Points:76,455 Joined:Aug 2008
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Message Posted:
8/30/2008 8:19:14 PM
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hurricane cat 5+oil =oil will go up. . we all what trader to say "sell sell sell sell sell"
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OHMS

Champion Author
Orange County
Posts:2,951 Points:310,590 Joined:May 2005
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Message Posted:
8/30/2008 6:03:12 PM
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oil markets closed on Saturday ?
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magnumCA

Champion Author
Los Angeles
Posts:1,595 Points:303,975 Joined:Jan 2008
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Message Posted:
8/30/2008 4:04:35 PM
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Labor day= Pay day
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dmatte85

Sophomore Author
Louisiana
Posts:193 Points:16,960 Joined:Jul 2008
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Message Posted:
8/28/2008 9:36:41 PM
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yep, just in time for Labor Day. the gas falls and now its going right back up. probably will go back to $4 again.
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Chris46

Champion Author
Dayton
Posts:6,447 Points:752,670 Joined:Sep 2005
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Message Posted:
8/28/2008 8:42:58 PM
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Yep. Just in time for Labor Day
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gas101CA

All-Star Author
California
Posts:632 Points:76,455 Joined:Aug 2008
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Message Posted:
8/28/2008 7:32:10 PM
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sdarling you right oil did close today lower
[Edited by: gas101CA at 8/28/2008 8:32:21 PM EST]
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sdarling

Sophomore Author
Ohio
Posts:152 Points:55,490 Joined:Aug 2008
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Message Posted:
8/28/2008 12:14:13 PM
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It's dropping fast $115.28 ?2.87
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gr8oakOH

Champion Author
Akron
Posts:1,146 Points:295,145 Joined:Nov 2007
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Message Posted:
8/28/2008 12:12:17 PM
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you people on these forums continue to bitch about the high prices
why dont you do something about them, rather than to sit behind your frickin computers & just complain.
back in april, i was always on these forums trying to get people on here to start a boycott of all gas.
nothing got done!!
it will never get back to where it was in 2006, until we all get together & end this crap.
dont sit there & say we cant do it. WE ARE THE PEOPLE OF THE BIGGEST & MOST PROSPEROUS COUNTRY IN ALL THE WORLD. JUST REMEMBER, WE CONTROL THE u.s.A. WE HAVE ALL THE POWER AS ONE ENTIRE NATION. IF WE WANT TO DO SOMETHING, THEN, WE CAN GET IT DONE.
the only way to combat this problem with opec & big oil here in the u.s. is to show our strength & stop buying gas for a week. this means do not go to work & shut this whole country down for a week & you will see exactly what i am talking about.
if we dont do this, then, we will all lose in the end. then, do not sit here & bitch on this forum about the frickin high gas prices
[Edited by: gr8oakOH at 8/28/2008 1:20:10 PM EST]
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Blackice

Champion Author
Twin Cities
Posts:1,886 Points:522,160 Joined:Oct 2003
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Message Posted:
8/28/2008 11:14:51 AM
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Crude oil is heading...DOWN $1.78 a barrel ($116.37) @ this time. It was over $120.00 a barrel earlier today.
[Edited by: Blackice at 8/28/2008 12:15:43 PM EST]
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Pede

Champion Author
New Jersey
Posts:1,294 Points:169,990 Joined:Apr 2007
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Message Posted:
8/28/2008 10:36:34 AM
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What next ?
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coke_kid

Veteran Author
Chicago
Posts:288 Points:109,590 Joined:Nov 2005
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Message Posted:
8/28/2008 10:34:50 AM
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to answer your question " is anyone shocked" no try pissed off!
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sailormon

All-Star Author
Michigan
Posts:746 Points:225,080 Joined:Jul 2007
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Message Posted:
8/28/2008 10:32:51 AM
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Any reason....
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chas_commuter

All-Star Author
South Carolina
Posts:659 Points:152,710 Joined:Mar 2008
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Message Posted:
8/28/2008 10:13:54 AM
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Is anyone shocked? Drill, drill drill!
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ramshot412

Champion Author
Riverside
Posts:12,384 Points:1,233,405 Joined:Apr 2004
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Message Posted:
8/28/2008 10:12:59 AM
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What party? I didn't get an invitation.....
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Blackice

Champion Author
Twin Cities
Posts:1,886 Points:522,160 Joined:Oct 2003
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Message Posted:
8/28/2008 10:11:28 AM
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smarcuss $3.15 a gallon? Is that a typo?
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plumb37

Champion Author
Quebec
Posts:2,877 Points:145,010 Joined:Jun 2008
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Message Posted:
8/28/2008 10:10:37 AM
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What help did you get yasterday?
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smarcuss

Rookie Author
New Jersey
Posts:37 Points:12,040 Joined:Aug 2008
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Message Posted:
8/28/2008 10:09:57 AM
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Gas prices still low here. I am getting gas at 3.15 a gallon.
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Blackice

Champion Author
Twin Cities
Posts:1,886 Points:522,160 Joined:Oct 2003
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Message Posted:
8/28/2008 10:09:18 AM
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Did Gustav change direction? Crude oil prices are down 36 cents at this time. After being up over $1.50 a barrel.
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plumb37

Champion Author
Quebec
Posts:2,877 Points:145,010 Joined:Jun 2008
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Message Posted:
8/28/2008 10:09:10 AM
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Party!! Someone is having a party?
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coke_kid

Veteran Author
Chicago
Posts:288 Points:109,590 Joined:Nov 2005
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Message Posted:
8/28/2008 10:08:35 AM
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This makes me so mad,these people take advantage of us people its sick and yet no one does anything about it..nothing may happen and yet right away they jump to destroy the economy! its already in haveck and yet nothing is done..this has to stop..i need to feed me family and i cant with the prices so f in high..we need help like yesterday...
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aalix

Champion Author
Orange County
Posts:14,798 Points:2,576,905 Joined:Aug 2001
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Message Posted:
8/28/2008 10:07:40 AM
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The storm's spoiling the party.
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CallJeffCa

Champion Author
Oakland
Posts:1,351 Points:348,750 Joined:Oct 2007
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Message Posted:
8/28/2008 10:06:43 AM
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I think the increase in the dollar vs the euro has helped keep pump prices from reacting to the oil price.
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dabuzman

Champion Author
Seattle
Posts:1,424 Points:515,980 Joined:Apr 2006
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Message Posted:
8/28/2008 10:06:28 AM
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Now price can go up because of a storm. How about I have a hang nail let see if it drops. That should work.
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plumb37

Champion Author
Quebec
Posts:2,877 Points:145,010 Joined:Jun 2008
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Message Posted:
8/28/2008 10:06:06 AM
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Here comes Gustav, better gas up, just in case you have to get in the traffic jam on the Evacuation Route.
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copperhead8

Champion Author
Boston
Posts:5,905 Points:1,252,670 Joined:Dec 2004
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Message Posted:
8/28/2008 10:06:01 AM
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gas prices are still low here
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10pennypincher

All-Star Author
St. Louis
Posts:532 Points:240,725 Joined:Jan 2007
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Message Posted:
8/28/2008 10:03:26 AM
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"the sky is falling" run up the price!!!
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bochilds

Champion Author
Jackson
Posts:3,229 Points:712,915 Joined:Sep 2005
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Message Posted:
8/28/2008 10:03:09 AM
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This is getting completely ridiculous. Now we have price fluctuation on if's and possibilities on a storm that COULD disrupt production. It hasn't disrupted anything yet. This should be considered price gouging. Gas went up 18 cents a gallon at a couple of stores near here yesterday.
It is also amazing how oil prices can drop and it takes days to weeks to see a change at the pump but let there be even a small increase in oil prices and gas prices increase immediately before the close of trading.
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spunky4443

Champion Author
Washington
Posts:1,388 Points:503,300 Joined:May 2005
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Message Posted:
8/28/2008 10:02:40 AM
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The Storm "Greed" is about to hit!!!!!!!
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357revo

Champion Author
Pittsburgh
Posts:7,133 Points:816,215 Joined:Sep 2006
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Message Posted:
8/28/2008 10:01:53 AM
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"...and there there is no way to protect the oil platforms from storms..."
Not entirely true. When a storm like Gustav or even Katrina goes through an area with oil rigs, the oil flow is cut off AT THE OCEAN FLOOR, and the crews are evacuated. Even if the oil rig is totally destroyed [as happened to some from Katrina], there is no oil leak.
Obviously, the pumping platform is at the mercy of the storm, but they are DESIGNED to withstand considerable wind and sea action before failing. Most times, no permanent damage is done, and they are back pumping as soon as they get the crews back.
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coyoteAB

All-Star Author
Alberta
Posts:683 Points:32,980 Joined:Jul 2008
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Message Posted:
8/28/2008 10:00:40 AM
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Slide ----Gustav----Refinery break down-----Surplus----Inventory drop-----WHAT NEXT---there must be more.
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plumb37

Champion Author
Quebec
Posts:2,877 Points:145,010 Joined:Jun 2008
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Message Posted:
8/28/2008 10:00:40 AM
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Oh no, not a back to back. There is a report that another hurricane is following the path of Gustav, it's name is Hanna.
We are all going to die, you hear me, DIE.
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Blackice

Champion Author
Twin Cities
Posts:1,886 Points:522,160 Joined:Oct 2003
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Message Posted:
8/28/2008 9:59:08 AM
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Workers are leaving the drilling rigs in the gulf right now, so oil production has come to a complete stop. We can just hope that Gustav doesn't hit the oil refineries along the coast of Texas.
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Gassaver30

Sophomore Author
Austin
Posts:113 Points:23,200 Joined:Aug 2008
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Message Posted:
8/28/2008 9:57:09 AM
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Whats the next excuse going to be?
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napermike79

All-Star Author
Twin Cities
Posts:748 Points:434,690 Joined:May 2001
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Message Posted:
8/28/2008 9:53:40 AM
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get ready for a big blow
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jackson661

All-Star Author
Columbus
Posts:538 Points:69,015 Joined:May 2006
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Message Posted:
8/28/2008 9:53:31 AM
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Speculation of a storm..Big Oil just stops or lowers production levels all because of a potential threat.
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SomeChick23

Sophomore Author
Edmonton
Posts:238 Points:134,935 Joined:May 2007
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Message Posted:
8/28/2008 9:52:37 AM
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this isnt fair. it shouldnt go up just cause there might be a shortage due to a storm.
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10k

Champion Author
North Carolina
Posts:6,051 Points:677,825 Joined:May 2006
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Message Posted:
8/28/2008 9:52:10 AM
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this would be funny if it wasn't such a shame...anybody here remember hurricane camile besides me ??...until andrew or katrina, camile was the measuring stick--in august 1969, hurricane camile destroyed a great deal of the gulf coast--nothing in modern times had ever seen anything like her....and gas did not rise one single penny here in north carolina...
hmmmm......seems like we have a sham going on, and guess who pays ???
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jakTDI

All-Star Author
Dallas
Posts:722 Points:46,240 Joined:Aug 2008
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Message Posted:
8/28/2008 9:52:00 AM
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it would be funny if one of these storms would hit in time to slow down air traffic for all our congress folks at their conventions, trying to get home.
now that airlines have cut back the no. of flites, one weather delay messes up things quite a bit.
it won't happen, but one can dream.
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GetURWingz

All-Star Author
Missouri
Posts:820 Points:420,560 Joined:Aug 2006
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Message Posted:
8/28/2008 9:50:12 AM
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Gas went up 15 cents over night here!!!
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gasman50

Champion Author
Portland
Posts:1,498 Points:860,155 Joined:Nov 2005
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Message Posted:
8/28/2008 9:48:47 AM
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I hope it fizzles out before it does dammage
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Lizzylou

Champion Author
Stockton
Posts:1,652 Points:925,220 Joined:Oct 2005
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Message Posted:
8/28/2008 9:47:37 AM
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News reported this AM that it was already at $120!!
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USAFA82

Champion Author
Colorado Springs
Posts:1,811 Points:304,870 Joined:Feb 2008
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Message Posted:
8/28/2008 9:47:29 AM
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Pickensplan.com
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StephenOM

All-Star Author
Florida
Posts:737 Points:138,015 Joined:Aug 2008
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Message Posted:
8/28/2008 9:45:45 AM
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Gustav threatens, a possible Hanna right behind, two more tropical waves moving across the Atlantic that could turn into tropical storms or hurricanes, 25% of domestic production comes out of the Gulf of Mexico from about 3290 producing platforms.
That's a lot of production to be concerned about. Loss of it would cause us to increase our import of foreign oil and a spike in prices just like after Katrina and Rita.
US oil companies don't control the price of crude, they only own 5% of world production while the largest block (35.6%) of production is controlled by OPEC.
Keep up the pressure on Washington...Don't let your representatives get away with doing nothing.
Drill Here, Drill Now!
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almostrice

Champion Author
Houston
Posts:7,626 Points:1,548,510 Joined:Sep 2003
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Message Posted:
8/28/2008 9:45:14 AM
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4 days out and they are still pumping up this news because they know they cant when the market is closed.
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rtw777

Champion Author
Florida
Posts:1,178 Points:262,855 Joined:Jan 2008
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Message Posted:
8/28/2008 9:44:48 AM
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Oil has gone up, but gas is still dropping here in Daytona.
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SeerLV

All-Star Author
Las Vegas
Posts:762 Points:174,640 Joined:Jun 2008
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Message Posted:
8/28/2008 9:44:23 AM
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Any excuse to raise the price . . .
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Don20

Champion Author
Oklahoma City
Posts:1,774 Points:1,059,985 Joined:Mar 2005
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Message Posted:
8/28/2008 9:43:50 AM
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Nervise hysteria.???
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gr8oakOH

Champion Author
Akron
Posts:1,146 Points:295,145 Joined:Nov 2007
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Message Posted:
8/28/2008 9:43:12 AM
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yea. it wont hit anything & the prices will still go up.
GREEDY, GREEDY, GREEDY, GREEDY
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GoeveH

Veteran Author
Toronto
Posts:488 Points:678,860 Joined:Jan 2002
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Message Posted:
8/28/2008 9:42:42 AM
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Doesn't matter if it hits or not, just the speculation of it possibly hitting will put more money into a few people's pockets.
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