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Thread: Oil rises above $90 amid US crude supply drop

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by ptif219 View Post
    If you believe the economy has recovered. The economy still sucks
    It still sucks, but it has recovered a little since the Bush collapse. We never will totally recover from that disaster.

    Bernanke upbeat on economy's recovery
    Comments 12
    February 03, 2011 11:46:00 PM
    By Kevin G. Hall
    McClatchy Newspapers

    WASHINGTON — Federal Reserve Chairman Ben Bernanke pointed Thursday to "increased evidence" of a self-sustaining economic recovery and strongly rejected suggestions that his policies are driving up global food prices and destabilizing Egypt and other emerging markets.

    The Fed chairman was unusually upbeat on the U.S. economy's outlook, noting in a speech at the National Press Club that "we have seen increased evidence that a self-sustaining recovery in consumer and business spending may be taking hold."
    Last edited by USA_1; 03-10-11 at 01:04 PM.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

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    Re: Oil rises above $90 amid US crude supply drop

    Why drill baby drill is just a campaign slogan:


    Energy markets naked capitalism
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by USA_1 View Post
    Don't take my word for it. Gas was below 2 bucks here when the economy tanked. It is an average. I'm sure California prices didn't get that low.
    Inflation has been a nonfactor the last 3 years.
    It never got below $2 in the midwest.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Gill View Post
    It never got below $2 in the midwest.
    Yes it did. For a short time it was below 2 bucks here in Wisconsin. It wasn't that long ago.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by USA_1 View Post
    Yes it did. For a short time it was below 2 bucks here in Wisconsin. It wasn't that long ago.
    Not going to argue with you, but I travel extensively throughout Indiana, Ohio, and Kentucky. Never came close to $2.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by ptif219 View Post
    Canada sells by the liter not gallon
    Wow really I would never have known



    The lowest price I recall seeing gas in Alberta over the last 3 years would have been around $0.80/L. I converted a lower price into USG to make the comparision easier for Americans who are not used to liters and most likely will not be able to convert the one into the other without a bit of work
    Happy Hanukkah Cheerfull Kwanzaa
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Gill View Post
    Not going to argue with you, but I travel extensively throughout Indiana, Ohio, and Kentucky. Never came close to $2.
    hmmm...what do you consider close?

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Gill View Post
    Not going to argue with you, but I travel extensively throughout Indiana, Ohio, and Kentucky. Never came close to $2.
    I guess you are right and everyone else is wrong. I buy gas every week, too.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by USA_1 View Post
    I guess you are right and everyone else is wrong. I buy gas every week, too.
    Do you buy gas in Ohio, Indiana, or Kentucky ??? I usually buy gas around 4 times a week.

    Your point??

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Gill View Post
    Do you buy gas in Ohio, Indiana, or Kentucky ??? I usually buy gas around 4 times a week.

    Your point??
    My point is you are probably wrong.

    2009 in review - Wisconsin Gas Prices

    We began 2009 with gasoline prices averaging $1.625 across the United States- January 1, 2009 was actually the beginning of the uptrend, the first day that prices began to rise. Prices didn't rise above $2 until March 26, 2009, when they were $2.011.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

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