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Have you noticed the action of the price of oil?

Posted on 3/5/16 at 5:02 am
Posted by wallowinit
Louisiana
Member since Dec 2006
14977 posts
Posted on 3/5/16 at 5:02 am
Break out the truck nuts baws! Crank up those 250's!
https://www.oil-price.net/

Up 30% in 3 weeks.
Posted by tigerinthebueche
Member since Oct 2010
36791 posts
Posted on 3/5/16 at 5:07 am to
We're a long way from the good ole days.
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
73681 posts
Posted on 3/5/16 at 5:07 am to
Long way to go, but MAYBE the market is leveling off.

Would be nice to get some sweet crude in supply
Posted by dukke v
PLUTO
Member since Jul 2006
202829 posts
Posted on 3/5/16 at 5:10 am to
I can spend $2.50 a gallon. But it should never get higher than that.
Posted by tigerinthebueche
Member since Oct 2010
36791 posts
Posted on 3/5/16 at 5:11 am to
I'll apply the same logic to your salary.
Posted by dukke v
PLUTO
Member since Jul 2006
202829 posts
Posted on 3/5/16 at 5:14 am to
Wtf??????
Posted by tigerinthebueche
Member since Oct 2010
36791 posts
Posted on 3/5/16 at 5:15 am to
I'm saying you can't put a cap on the price.
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
73681 posts
Posted on 3/5/16 at 5:29 am to
quote:

I can spend $2.50 a gallon. But it should never get higher than that.


I don't really look at the price of gas at the pump. Changed my life to where that wasn't a factor. Haven't worked about the price of a fill up in 2 years.

Still, I would say $2 seems like a good middle ground for our economy and cheap fuel.
Posted by dukke v
PLUTO
Member since Jul 2006
202829 posts
Posted on 3/5/16 at 5:36 am to
Just looking fir a common ground. Keep Louisiana workers working and people not getting raped at the pump.
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
73681 posts
Posted on 3/5/16 at 5:37 am to
That has been my hope all along. Cheap oil is great for me, but turns my overall life experience to shite.

No point ballin if everyone is starving and property value is going to shite.
Posted by East Coast Band
Member since Nov 2010
62762 posts
Posted on 3/5/16 at 5:39 am to
quote:

Up 30% in 3 weeks

And my 401k is, too?!?
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
73681 posts
Posted on 3/5/16 at 5:42 am to
The OT financial gurus explained to me, a few weeks ago, that you should welcome your shitty 401k performance.

I was laughed at for suggesting a loss in a 401k was never a good thing.
This post was edited on 3/5/16 at 5:43 am
Posted by TigerNlc
Chocolate City
Member since Jun 2006
32494 posts
Posted on 3/5/16 at 6:47 am to
Just a hunch but I think this year will be a slow recovery. Hopefully fast enough to cease the layoffs.
Posted by FelicianaTigerfan
Comanche County
Member since Aug 2009
26059 posts
Posted on 3/5/16 at 6:55 am to
B-52 bombers headed to the ME may give it a bump.

I did notice tankers going down my road yesterday and last night. They haven't been hauling from a nearby well for almost a year
Posted by Thib-a-doe Tiger
Member since Nov 2012
35369 posts
Posted on 3/5/16 at 7:20 am to
quote:

he OT financial gurus explained to me, a few weeks ago, that you should welcome your shitty 401k performance.

I was laughed at for suggesting a loss in a 401k was never a good thing.



That's because you proved your lack of understanding of the stock market, and then doubled and tripled down on it
Posted by HuRRiCaNe MiLeS
Bossier City
Member since Jan 2010
8153 posts
Posted on 3/5/16 at 7:21 am to
My body is ready.
Posted by Supermoto Tiger
Baton Rouge
Member since Dec 2010
9927 posts
Posted on 3/5/16 at 7:26 am to
quote:

I can spend $2.50 a gallon. But it should never get higher than that.

Yep. I agree.
Posted by Powerman
Member since Jan 2004
162217 posts
Posted on 3/5/16 at 7:27 am to
quote:

The OT financial gurus explained to me, a few weeks ago, that you should welcome your shitty 401k performance.

I was laughed at for suggesting a loss in a 401k was never a good thing.



Right. Save 100 a month in gas for an exchange in your retirement funds getting butchered...makes sense if you don't have any investments like most of the people here I guess
Posted by Thib-a-doe Tiger
Member since Nov 2012
35369 posts
Posted on 3/5/16 at 7:32 am to
What difference does the value of your 401k today make when you retire 10,20,30 years from now?
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 3/5/16 at 7:33 am to
quote:

What difference does the value of your 401k today make when you retire 10,20,30 years from now?


none.

its an irrational, emotional argument based on guilting others for enjoying cheap gas
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