โMay-20-2008 09:25 PM
โApr-26-2011 05:54 AM
TravilinMan wrote:
Watch what is left of US car companies crash as Pick Up Sales drop off the edge of the cliff further eroding the economy. Just hope congress does not try to bail them out again. My Burban is getting pretty old I guess we will soon retire both the RV and Truck. I'm shopping for a Amish Buggy and a tent. Looks pretty cheap these days to keep a horse compared to gas prices. Also
check all the boats for sale on Craigs List, its like a firesale for fishing rigs. Those two hundred horses on bass boats love to suck up gas. Also look for those drillers, no not then oil rigs but desperite people drilling holes in your gas tank. Now there is a treat, no gas and a costly repair or a whole new gas tank. Anyone got a better idea, maybe the Amish will get into campers built on a buggy chassis.
โApr-25-2011 08:45 AM
โApr-24-2011 08:18 AM
SRT wrote:
Gas prices have increased to $3.89 a gallon around here. What bothers me is that some are now predicting $5 a gallon by the 4th of July. Sounds like "fear mongering"....:E And all the while Congress is gridlocked.....:M
โApr-24-2011 08:00 AM
โApr-23-2011 03:08 PM
โApr-23-2011 06:17 AM
slowlane wrote:SRT wrote:
Interesting article on oil speculation:
Oil Speculation
The article is bunk, propaganda put out on behalf of power-grabbing politicians and bureaucrats who want to increase their authority to meddle in oil markets (read "price controls", which any honest economist will explain only succeed in discouraging supply and ultimately result in higher prices than would otherwise be the case). Fortunately, as the article admits, their efforts have been essentially futile. The reach of their meddling does not extend to international markets where most of the action is.
The "price" of oil on the global market is not "a" price but merely a statistical amalgamation of prices negotiated in individual transactions by hundreds of buyers and sellers all over the world. No "conspiracy" can dictate the terms of all those transactions.
The rap against speculators is totally phony. Any honest economist will explain that speculators serve a useful function in the economy by reducing the magnitude of price fluctuations that otherwise occur. Think about it: When speculators expect prices to be higher in the future they buy and thereby drive prices up somewhat. When speculators expect prices to be lower in the future they sell, tending to drives prices ... which way do you think? It's a risky business. If they guess right, they make money as a reward for their service in reducing price swings and get to speculate some more. If they guess wrong, they go bust.
โApr-22-2011 04:49 PM
SRT wrote:
Interesting article on oil speculation:
Oil Speculation
โApr-22-2011 03:41 PM
โApr-22-2011 07:49 AM
โApr-22-2011 07:22 AM
SRT wrote:
Interesting article on oil speculation:
Oil Speculation
โApr-22-2011 03:32 AM
cekkk wrote:
Some stations in D.C. over $5.
โApr-21-2011 05:32 PM
SRT wrote:
Interesting article on oil speculation:
Oil Speculation
โApr-21-2011 03:19 PM
โApr-20-2011 07:08 AM
โApr-14-2011 05:00 PM