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Started By
Message
re: Oil plummets 7% to 55 dollars a barrel
Posted on 11/13/18 at 4:11 pm to White Roach
Posted on 11/13/18 at 4:11 pm to White Roach
quote:
When oil decreases, it usually takes a while, if ever, to drop.
it's already 2.09 in dallas, baw
0
Posted on 11/13/18 at 4:12 pm to PearlJam
Never gets old baw
Posted on 11/13/18 at 4:13 pm to deltaland
quote:
Oil plummets 7% to 55 dollars a barrel
Cheap gas just in time for the holidays
Posted on 11/13/18 at 4:14 pm to deltaland
the white Oakley market is gonna feel this
Posted on 11/13/18 at 4:17 pm to BrohemAlem11
jealousy is strong. 
Posted on 11/13/18 at 4:18 pm to bayouvette
quote:
jealousy is strong
Yes, we are all jealous of your impending unemployment and financial hardship
Posted on 11/13/18 at 4:20 pm to Mingo Was His NameO
I got gas last week in Universal City, TX for $2.13.
Posted on 11/13/18 at 4:21 pm to bayouvette
what exactly am I jealous of??
Posted on 11/13/18 at 4:24 pm to Mingo Was His NameO
quote:
Gas is down nearly a quarter per gallon in the last month. Do y'all seriously do any research before you start spouting shite? I looked that up in 15 seconds.
Really? Down a whole quarter? That is what? 10% in one of the cheapest areas of the country for gas?
Because the price of a barrel of oil has dropped 25% in that period.
So what exactly are you arguing?
Posted on 11/13/18 at 4:27 pm to TennesseeFan25
quote:
Really? Down a whole quarter? That is what? 10% in one of the cheapest areas of the country for gas?
Nationally, and price dropped 7% today, obviously price at the pump isn't going to be reflected in that. The original post said that price of gas doesn't drop at all when oil prices fall, after 10 seconds of research you can see that is false.
Posted on 11/13/18 at 4:28 pm to PearlJam
we just got rid of Keiland's calves comments and he's been gone since the early 80s I think
Posted on 11/13/18 at 4:34 pm to deltaland
it's that winter blend, baw
quote:
Cheap gas
Posted on 11/13/18 at 4:46 pm to Mingo Was His NameO
quote:
Nationally, and price dropped 7% today, obviously price at the pump isn't going to be reflected in that. The original post said that price of gas doesn't drop at all when oil prices fall, after 10 seconds of research you can see that is false.
Nice-eh! Thanks for clarifying, so if that's nationally down just under a quarter, it's actually only down 7% over the past month, while again, Oil is down 25% or 18% respectively without today's drop.
Posted on 11/13/18 at 4:48 pm to TennesseeFan25
quote:
it's actually only down 7% over the past month, while again, Oil is down 25% or 18% respectively without today's drop.
8 percent, but yeah. 8% decrease in the finished product on an 18% decrease on one of the inputs. That's completely reasonable. There's 3 main components to production costs, labor, materials, and overhead. Only 1 has changed in this scenario.
Posted on 11/13/18 at 4:50 pm to deltaland
frick this shite
Posted on 11/13/18 at 4:51 pm to deltaland
Not good for Louisiana.....we are still stupid enough to peg a large amount of state revenues to the excise tax on oil probably somewhere around 65.00 a barrel
Posted on 11/13/18 at 4:54 pm to deltaland
I don't really care what gas costs. If it was $5 per gallon I wouldn't change my driving behavior.
Posted on 11/13/18 at 4:56 pm to fallguy_1978
quote:
I don't really care what gas costs. If it was $5 per gallon I wouldn't change my driving behavior.
I wouldn't change my driving habits, because I walk everywhere, but you should care about gas prices. It affects the price of literally everything you buy
Posted on 11/13/18 at 4:57 pm to mailman
quote:
Cheap gas and i have no where to visit, gd
I just jack up the back end of my car and put a brick on the accelerator.
Posted on 11/13/18 at 4:57 pm to Mingo Was His NameO
quote:
but you should care about gas prices. It affects the price of literally everything you buy
I realize it's an input cost but purely from a driving standpoint it doesn't matter to me. I drive like 8 miles per day and my wife drives maybe 5.
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