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Want some GOOD news? Oil down under $100 again.

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maseman Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 11:04 AM
Original message
Want some GOOD news? Oil down under $100 again.
$99.43 per barrel at 12:03 EDT. Down $7.49 today in trading.

Mostly due to a stronger dollar today and down economies around the world including the US.
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bunnies Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 11:05 AM
Response to Original message
1. Too bad we wont see it at the pumps. nt
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msallied Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 11:08 AM
Response to Reply #1
3. I did notice a difference at the pumps here, but then again it could have been for another reason.
I have to admit that the pricing of oil and how it affects the price of gas is something I'm not an expert on, though. lol
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bunnies Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 11:13 AM
Response to Reply #3
6. Im no expert either... but last time this happened...
we got no relief in our area. They'll find a way to jack it up somehow. *sigh*
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maseman Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 11:09 AM
Response to Reply #1
4. True for the most part
I do know that pipeline that got shut down to the Southeast didn't help. But I will still take the lower price per barrell.
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msallied Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 11:07 AM
Response to Original message
2. I noticed gas fell a good deal in my neighborhood lately.
It was only $3.50 when it had been closer to $4...
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SurfingAtWork Donating Member (788 posts) Send PM | Profile | Ignore Mon Sep-29-08 11:11 AM
Response to Original message
5. The bad news: The lower prices for crude won't translate into lower prices at the pump
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tridim Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 11:13 AM
Response to Original message
7. A "Stronger dollar" ? Stronger relative to what? A pile of dog poo?
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