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Forums - General Discussion - Oil falls under $69 a barrel!!! that's half of what it was

Coca-Cola on 22 October 2008

http://biz.yahoo.com/ap/081022/oil_prices.html

why am I still paying $3.20 per gallon of gas at the pumps?

"F"ers are making a lot of money.

I am in So.Cal.

 



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DMeisterJ on 22 October 2008

Wow, gas is like 2 something in D-ware. w00t.



rocketpig on 22 October 2008

I just made a trip from Michigan to California and the cheapest I saw was $2.29 in Missouri or Oklahoma.

Crazy.




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kitler53 on 22 October 2008

here in chicago it peaked around $4.50. hovering right at the $3 point lately.



NJ5 on 22 October 2008

OPEC will meet tomorrow and probably cut production. The price may rise if they do so (hopefully they don't cut production by a lot).

On the other hand, if the price of oil goes too low that's not good either. Here's why:

http://www.cnbc.com/id/27316705

 



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ssj12 on 22 October 2008

gas here is like $2.80(+/-)



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Cougarman on 22 October 2008

its down to £1.02 per litre here in UK, down from £1.25 per litre, not happy until it reaches about 80p per litre lol



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MrBubbles on 22 October 2008

about a dollar a litre here in Canada.



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rocketpig on 22 October 2008

I really wonder how this will effect longterm oil consumption, though. With a struggling economy worldwide, cheaper oil will help in the shortterm.

I worry that prices will remain lower and that will deter countries from attempting to go green (mainly the US since we haven't invested heavily in alternatives like a lot of Europe has already).




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gomezc on 22 October 2008
DMeisterJ said:
Wow, gas is like 2 something in D-ware. w00t.

I was just passing through Delaware the other day and noticed how nice it looked; and I'm looking at several spots around the US to choose as my first Air Force duty station.  I was considering the one near Dover.  In general, what are some of the ups and downs of Delaware?  Plus some nice places to visit around the area...