Crossed the $3 gal threshold without the aid of a hurricane

by **coyote** » Sun 09 Apr 2006, 11:55:04

Interesting ohanian but why do you think that formula is accurate?

by **Novus** » Sun 09 Apr 2006, 12:21:24

I don't think that is an accurate formula. Plugging in 2002 for example gives you a negative number. I think it is best to look at the 300 day moving average. When 300 day moving averages are going up they serve as a market floor. In January the 300 day was at $57 and now it is at $60. This explains why oil has not dropped below sixty durning the last pull back but was able to drop below $58 during the January pullback. For the last two years the 300 day has been increasing at about $1 a month. That trend will continue unless something fundimental changes.

by **Armageddon** » Sun 09 Apr 2006, 23:25:29

it's 2.59 here in st.louis. And i dont see traffic slowing at all. Actually today being sunday, i couldnt believe all the traffic going from one soccer game to another. Very rare on a sunday. Maybe 5.00 will slow down these people. ( wont slow me )

by **Zardoz** » Mon 10 Apr 2006, 22:08:39

Read it and weep:

Long Beach, California, April 10

This is nothin', folks. We're just getting warmed up. Hold onto your butts...

by **JoeCoal** » Mon 10 Apr 2006, 22:57:57

$this->bbcode_second_pass_quote('Zardoz', 'R')ead it and weep. We're just getting warmed up. Hold onto your butts...

by **frankthetank** » Tue 11 Apr 2006, 00:08:39

Think someday we'll be looking @ a map seeing who HAS gasoline to sell. We all will be like "Wow...they have gasoline...remember when we had gasoline...neato"...

by **TommyJefferson** » Tue 11 Apr 2006, 00:10:01

I liked this gas price map...

http://www.gasbuddy.com/gb_gastemperaturemap.aspx

Looks like Casper, Wyoming is the place to be. $2.15 there.

$3.57 in Kirkwood, Kalifornia.

by **jimk** » Tue 11 Apr 2006, 00:51:38

$this->bbcode_second_pass_quote('TommyJefferson', '
')I liked this gas price map...

by **Zardoz** » Tue 11 Apr 2006, 10:17:22

$this->bbcode_second_pass_quote('TommyJefferson', 'I') liked this gas price map...

http://www.gasbuddy.com/gb_gastemperaturemap.aspx

by **Zardoz** » Tue 11 Apr 2006, 11:52:50

April 11

Sunday night - $3.03. Monday morning - $3.18. Tuesday morning - $3.22.

Give us a break...

by **Free** » Tue 11 Apr 2006, 12:00:37

I am so sick of this.
Just saw a TV-report on German TV about the rise in gas prices, the usual stupid suckers ranting about the price gouging, and a "silver lining" story about Shells new super fuel, which is supposed to give better mileage.

So they want to tell me that they sell "more energy" for the same price? Some people just need to be slapped and slapped for good they will be.

by **Zardoz** » Wed 12 Apr 2006, 13:55:46

April 12

Sunday night - $3.03. Monday morning - $3.18. Tuesday morning - $3.22. Wednesday morning - $3.26.

Wonder how long they'll keep doing this?

by **tugboat** » Wed 12 Apr 2006, 21:45:42

An experts view on the underlying reasons for higher prices:
http://www.financialsense.com/captain/log.html

Crossed the $3 gal threshold without the aid of a hurricane

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Re: Crossed the $3 gal threshold without the aid of a hurric

Re: Crossed the $3 gal threshold without the aid of a hurric

Re: Crossed the $3 gal threshold without the aid of a hurric

Re: Crossed the $3 gal threshold without the aid of a hurric

Re: Crossed the $3 gal threshold without the aid of a hurric

Re: Crossed the $3 gal threshold without the aid of a hurric

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