Oil drops below $130 a barrel - Page 4 - Truckers' Trucking Forum | Message Board

Cybergal · **^ Top** #31 07.19.2008

Oil prices tumble in biggest weekly drop ever
7/19/08

Quote:

NEW YORK - The price of oil recorded its biggest weekly drop ever, and a gallon of gas finally pulled back from its record high. So is it time to declare the energy bubble popped?

(Light, sweet crude for August delivery fell 41 cents Friday to settle at $128.88 on the New York Mercantile Exchange — well below its trading record of more than $147 a week earlier.
The average price of a gallon of regular gas fell about a penny for the day, to $4.105, according to auto club AAA, the Oil Price Information Service and Wright Express. Diesel prices dipped three-tenths of a cent to $4.842 a gallon.)
http://news.yahoo.com/s/ap/20080719/...Az2kLRte.s0NUE

benthere · **^ Top** #32 07.19.2008

Could it be that the opec is afraid we are going to start pumping are own oil in massive amounts?

poppy · **^ Top** #33 07.19.2008

i believe the easy money has been made and the weak kneed investers are jumping ship to search for another orphan to rob.

bigwillygbcs · **^ Top** #34 07.19.2008

iit's been awhile since I posted on here, been in school, I predicted the drop in oil lol only a few belived me but here we go, i think it will raise back up a little bit this week and then by friday drop back below 125 a barrel, just another prediction

Baack · **^ Top** #35 07.19.2008

Quote:

Originally Posted by bigwillygbcs

iit's been awhile since I posted on here, been in school, I predicted the drop in oil lol only a few belived me but here we go, i think it will raise back up a little bit this week and then by friday drop back below 125 a barrel, just another prediction

Hey you got 50 50% odds of being right

mannmk7 · **^ Top** #36 07.19.2008

OPEC SUCKS. There sucking up all our money. It costs them $8.00 to produce a barrel of oil. They live like Kings. They don't have work. There citizens get paid $5,000.00 a month. They just walk around in their dresses all day long, drink coffee, and talk about how much they hate Americans. We need to declare war on them and just take the oil. Now this would be a war worth fighting.

Oh, and I'll say it again, if oil drops to $70.00 a barrel. What. Do you think gas will drop 1/2 the $4.10 it is now, to $2.05. No way! What's wrong with this picture?

Ronnocomot · **^ Top** #37 07.19.2008

Quote:

Originally Posted by mannmk7

OPEC SUCKS. There sucking up all our money. It costs them $8.00 to produce a barrel of oil. They live like Kings. They don't have work. There citizens get paid $5,000.00 a month. They just walk around in their dresses all day long, drink coffee, and talk about how much they hate Americans. We need to declare war on them and just take the oil. Now this would be a war worth fighting.

Oh, and I'll say it again, if oil drops to $70.00 a barrel. What. Do you think gas will drop 1/2 the $4.10 it is now, to $2.05. No way! What's wrong with this picture?

We get most of our oil from Canada and Mexico, are they living like Kings too?

Truckerjo · **^ Top** #38 07.19.2008

Oil is oil, its volume of oil not who oil is being sold to, they still get world market value to whom every they sell it too.....

Canada is number 6 top exporter
Mexico is number 7...

Obviously Canada is doing much better because they have way less people then Mexico...

mannmk7 · **^ Top** #39 07.20.2008

Quote:

Originally Posted by Ronnocomot

We get most of our oil from Canada and Mexico, are they living like Kings too?

Why don't you tell us about Canada and Mexico.

Ronnocomot · **^ Top** #40 07.20.2008

Quote:

Originally Posted by mannmk7

You always got something "flip" or smart to say. Whats with that all about. What are you trying to prove. Have you not read the rules for this website. We are each members. As members we are not suppose to antaginize, anger, ridicule each other. With your smart remark's that is what you are doing.

Why don't you tell us in a smart intelligent way about Canada and Mexico. If you can.

Would you rather I say something not smart?

Top three oil importers to the U.S. per day:

Canada-1.84 million barrels
Saudi Arabia- 1.579 barrels
Mexico- 1.116 barrels

Anything else you need, let me know.

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