โMay-20-2008 09:25 PM
โJun-04-2008 01:31 PM
Rocket_Heart wrote:
In todays news. Oil prices dropping.......ok where?? I sure don't see any!
โJun-04-2008 01:22 PM
โJun-04-2008 01:09 PM
CRay wrote:
Hopefully this very simplified example make sense to you.
โJun-04-2008 01:05 PM
dturm wrote:
...so they know what their costs will be. Helps in making good business plans...
โJun-04-2008 01:01 PM
AO_hitech wrote:CRay wrote:
I'm unwilling to attempt to educate this audience, some have nothing better to do than flame what they don't comprehend.
One thing I don't understand (never have) is what benefit does futures trading have? Other than to make money for those doing the trading? What service does it provide?
โJun-04-2008 12:47 PM
AO_hitech wrote:
One thing I don't understand (never have) is what benefit does futures trading have? Other than to make money for those doing the trading? What service does it provide?
โJun-04-2008 12:31 PM
โJun-04-2008 12:21 PM
Sea Dog wrote:CRay wrote:
I'm unwilling to attempt to educate this audience, some have nothing better to do than flame what they don't comprehend.
Oh please, please, educate me!
I would give anything to be as informed and as educated as you!
Sheese!!!
โJun-04-2008 11:51 AM
CRay wrote:
I'm unwilling to attempt to educate this audience, some have nothing better to do than flame what they don't comprehend.
โJun-04-2008 11:15 AM
Hurricaner wrote:
My comment was a poor attempt at sarcasm. No one fully understands what is going on with oil futures at this time. One thing is for sure and that is it's being driven by speculators, some trying to hedge against inflation and some are gamblers looking for a quick buck. The world cannot afford 100+ oil at this time and there is just too much of it too warrant the price.
As far as GM is concerned oil can go down to 75 bucks a barrel, which I believe it probably will, and it won't help them one bit. Gas will still be 3 bucks a gallon and people can't and should not drive large pickups and suvs. This is the only smart thing GM has done in 50 years.
Sam
โJun-04-2008 11:13 AM
CRay wrote:
I'm unwilling to attempt to educate this audience, some have nothing better to do than flame what they don't comprehend.
โJun-04-2008 11:02 AM
โJun-04-2008 10:50 AM
eltejano1 wrote:
Let's change the direction of the thread a wee bit. What are y'all doing to buy less fuel? Here's what I'm doing - in addition to setting-up our trailer in a permanent campsite.
We are retired and live in the country, 8 miles from town. My wife has a part-time bookeeeping job in the afternoon and goes to town everyday with the little car. I take care of our 22 acres and grow a huge garden. I used to drive my Dodge diesel to town nearly everyday to pick-up stuff at the feed store, tractor dealer, etc - but mostly just to BS with my cronies. I don't go to town anymore. When I need a tractor part, seed, feed or something from the hardware store, I either write a detailed note or call them in advance and my wife picks it up. We are saving significant amounts of fuel that way.
What changes have y'all made to deal with these high prices?
Jack
โJun-04-2008 10:33 AM
โJun-04-2008 10:12 AM