|
FatalWishes
Administrator
Posts: 5515
Registered: 6/24/2004
Location: Fort Worth Texas
Member Is Offline
Points: 102081
Mood: Aging Cynic
|
The great oil bubble has burst
http://www.telegraph.co.uk/o...pinion/2008/08/08/do0801.xml
I said somewhere on here I thought it was heading to 100.00. It may go as low as 90. I'd use that time to dump your SUV lol.
I still think in the future we will be heading towards 200.00 oil. Just a matter of time.
Now is a great time to buy a truck or Tahoe.
They should take the warning labels off of everything and let stupidity sort itself out.
Please check out our new website at www.globalwarmingisnotreal.com |
|
|
DanG
Administrator
Posts: 5425
Registered: 6/30/2004
Location: SW FL
Member Is Offline
Points: 113531
Mood: Stunned Amazement
|
all true FW - a last best chance to sell your guzzler... |
|
|
Aerology
Beginner
Posts: 61
Registered: 5/28/2008
Location: North Central Kansas
Member Is Offline
Points: 610
|
typical price changes...
The price of crude is down ~25% from the peak price,
the price at the pumps is down ~10% from peak,
and we are supposed to be happy about that!
that means profits in the middle are still ~15% higher.. |
|
|
|
|
| Site Stats |
Registered Users: 150
Topics: 4079
Posts: 20639
News Stories: 147573
Satellite Images: 1102890
|
|
![[*]](/images/corporate/default_icon.gif){kind=icon}
posted on 8/9/2008 at 12:19
