The Price of Oil...what we all knew - Ford Powerstroke Diesel Forum
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post #1 of 13 Old 01-12-2009, 10:18 PM Thread Starter
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The Price of Oil...what we all knew

From 60 minutes

The Price Of Oil Video - CBSNews.com

2005 F350 XLT FX4. 2.5" leveling kit, 03 turbo, 4" MBRP Turbo-back, 58v FICM, SCT X4, Irate Diesel coolant filter
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post #2 of 13 Old 01-13-2009, 10:24 AM
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I missed that the other night and wanted to watch it. Thanks.

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post #3 of 13 Old 01-13-2009, 11:03 AM
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Thanks again Enron.

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post #4 of 13 Old 01-13-2009, 11:19 AM
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I have been saying speculation was the cause all along

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post #5 of 13 Old 01-13-2009, 01:22 PM
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Thanks, I too wanted to watch that, but my woman got ahold of the remote


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post #6 of 13 Old 01-13-2009, 04:31 PM Thread Starter
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Current price is at 38.xx a barrel.

For gasoline we're paying about 1.94-1.99 here in Indianapolis. I filled my work van for a low of 1.38 a little over a month ago and saw a station hit 1.36. Oil got close to 50 bucks in the last couple weeks but it's obviously still down. What ticks me off is even when the price is down they're still gouging us! The price should not be 1.94+ here right now.

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post #7 of 13 Old 01-13-2009, 04:42 PM
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i knew it all along too. bastards. why cant the government do something about this. dam speculators.

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post #8 of 13 Old 01-13-2009, 05:55 PM
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Quote:
Originally Posted by jamstoyz View Post
i knew it all along too. bastards. why cant the government do something about this. dam speculators.
They did, the dems talked about drilling, poped the speculitive bubble. Just wish I bought a short x2 ETF OIL fund

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Drill some treehuggers on the way to some oil

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post #9 of 13 Old 01-13-2009, 07:05 PM
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Originally Posted by 99Smokin73Stroker View Post
Good post!
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post #10 of 13 Old 01-13-2009, 07:12 PM
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wtf

Thanks for the info and what gets me also is that diesel is 2 less steps in the refining process so it should be cheaper than gas

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