This is topic Why oil prices will tank... in forum General Talk at Northern California Ford Owners  .


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Posted by iceman302 (Member # 7180) on :
 
Here are a couple of good articles from notable sources that support my contention that current oil prices are way out of line with supply and demand. Here's some good news in sea of stupidity and noise.

http://money.cnn.com/2008/06/06/news/economy/tully_oil_bust.fortune/index.htm?postversion=2008060608

http://money.cnn.com/2008/06/06/news/economy/tully_oil_bust.fortune/index.htm?postversion=2008060608
 

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Posted by NorCalRydaz (Member # 3233) on :
 
good articles
 

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Posted by turbo50 (Member # 6700) on :
 
Ahhh I say you are right and that OIL prices will go down. Not based on this article or any other b.s. Just based on the fact that I live for the future, not for today.

The tech stocks, the housing bubble, the gas shortages of the 70's, everything works itself out.

People don't put up with abnormalities for long.
 

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Posted by Jdub07 (Member # 2728) on :
 
fuck thats like saying...well there will be a huge earthquake (the big one), might be now might be in 35 years. To me that doesn't mean shit.

I want facts and real numbers worked out. We aren't told shit and no matter how much we cut back on our gas consumption we still need it and will still use it and still pay for it. If it turned to $7 a gallon tomorrow I bet rush hour traffic would be just as busy as ever. People need to get to work, feed their families etc.

The best we can do is cut back for ourself individually,...other than that we have no control over this shit.

hate to say it
 

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Posted by Eddie510- (Member # 2354) on :
 

quote:

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Originally posted by Jdub07:
fuck thats like saying...well there will be a huge earthquake (the big one), might be now might be in 35 years. To me that doesn't mean shit.

I want facts and real numbers worked out. We aren't told shit and no matter how much we cut back on our gas consumption we still need it and will still use it and still pay for it. If it turned to $7 a gallon tomorrow I bet rush hour traffic would be just as busy as ever. People need to get to work, feed their families etc.

The best we can do is cut back for ourself individually,...other than that we have no control over this shit.

hate to say it

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+1 untill i see everyone doing somthing about it, so will i

[ June 10, 2008, 08:14 PM: Message edited by: Eddie510- ]
 

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Posted by 532Fastback (Member # 1482) on :
 
i hope your right but the oil companies have complete control. The prices of oil will go down when they want it to. i bet gas prices will go down right before election month. It'll get up to 5.50 a gallon and then before Nov it'll go down to 4.50

[ June 10, 2008, 10:17 PM: Message edited by: 532Fastback ]
 

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Posted by iceman302 (Member # 7180) on :
 

quote:

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Originally posted by Eddie510-:

quote:

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Originally posted by Jdub07:
fuck thats like saying...well there will be a huge earthquake (the big one), might be now might be in 35 years. To me that doesn't mean shit.

I want facts and real numbers worked out. We aren't told shit and no matter how much we cut back on our gas consumption we still need it and will still use it and still pay for it. If it turned to $7 a gallon tomorrow I bet rush hour traffic would be just as busy as ever. People need to get to work, feed their families etc.

The best we can do is cut back for ourself individually,...other than that we have no control over this shit.

hate to say it

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+1 untill i see everyone doing somthing about it, so will i

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quote:

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Originally posted by Bronco Man:
Man I hope your right. The thing that really pisses me off is the fact that they claim we need to pay for the new bridge so we pay more. When the old bridges were built there was a bond to pay off, after that they were supposed to be free to pass, well that did'nt happen. Then they tell us they want us to ride share to commute so we do that and they complain their not making enough money so they charge us even more. We get screwed every time we turn around.
Where will the tolls stop at $10.00- $15.00 when will it be enough, if everyone took BART or commuted with someone else and no one had to pay a toll they would just find another way to squeeze another dollar out of us.

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+1 yup.. The government always finds a way to get money.
 

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Posted by iceman302 (Member # 7180) on :
 
I just thought I'd resurrect this thread for a good old "I told you so".

[ October 02, 2008, 07:23 PM: Message edited by: iceman302 ]
 

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Posted by 68dustin (Member # 5388) on :
 
yeah..but its taking forever to get to us...
 

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Posted by iceman302 (Member # 7180) on :
 

quote:

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Originally posted by 68dustin:
yeah..but its taking forever to get to us...

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