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Oil closed at $70.40 per barrel today.

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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-17-06 10:51 PM
Original message
Oil closed at $70.40 per barrel today.
Just it on CNN.
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Renew Deal Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-17-06 10:54 PM
Response to Original message
1. When did today close?
Whose market?
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-17-06 10:55 PM
Response to Reply #1
2. The oil slab.
World.
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Ksec Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-17-06 10:56 PM
Response to Original message
3. New record
I believe. I mean its never been this high, that I can remember.
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-17-06 10:58 PM
Response to Reply #3
4. Yes new record high if you're looking back, new record low if you're look
ing to the future. :broke:
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Fridays Child Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-17-06 10:58 PM
Response to Original message
5. Watch for another big drop in B*sh's poll numbers.
That's the only good thing about it. But the frightening thing is thinking about what he's planning on doing, to get Americans to fall back into line.
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-17-06 11:01 PM
Response to Reply #5
6. I watched people filling up SUV's at Costco tonight. Took them a while.
All had glum faces. I just wonder what they were thinking when they bought them.
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Ilsa Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-17-06 11:06 PM
Response to Reply #6
7. What my husband said: It gas gets up to $4-$5 a gallon, we'll
have alot more to worry about than just the cost of a fill-up. And I think he may be right. It isn't just about th cost of a fill-up, but the inflation in every other damn thing. And how the economy suffers when people have to divert discretionary income into paying for gas and the inflated prices.
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-17-06 11:08 PM
Response to Reply #7
9. Yes, even toilet paper will be unaffordable for most.
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MUAD_DIB Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-17-06 11:09 PM
Response to Reply #6
11. They weren't thinking. That's the problem.

The car manufacturers made a market for these P-O-S-SUVs, and Americans bought it.

Who knew that the economy would correct itself or that terrorists would strike?

Who knew that they would vote in a kleptocracy?
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-17-06 11:15 PM
Response to Reply #11
16. I know there are many post 9/11 purchases of these vehicles now...
and didn't any of them live threw the last crisis? Didn't any of them know that oil is a finite resource? There must be more to this story.
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MUAD_DIB Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-17-06 11:22 PM
Response to Reply #16
17. That's easy. They buy these with the hope that they are

magic.

No kidding. "Hey, if I buy this then everything will be okay: good old American Dream.
Everything will be like it was 5 years ago. It's all illusion.


That's what the advertisers tell them. Big car = big sack. Screw the little guy. I'm bad!

Those that buy the SUV now may still have enough of a disposable income but how about in 2 years from now?
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-17-06 11:24 PM
Response to Reply #17
18. I think the black ones here in AZ have fried brains and want to imitate
the wo pisstard.
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-18-06 01:51 PM
Response to Reply #18
30. Black SUV's just in case anyone was confussed.
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lyonn Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-18-06 12:14 AM
Response to Reply #16
23. Don't forget that these vehicles were bought for zero (0)%
interest. People thought they were getting a great deal. We have a POS little pickup here on the farm and I was thinking today, well, even mentioned to my husband that he needs to tool on it so we can drive it more, probably gets great mileage. There should be a premium on all POS vehicles that get good mileage. Talk about a turn around from the status SUV to mini cars.
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-18-06 12:54 AM
Response to Reply #23
28. I wouldn't have one if they were giving them away. All the bigger is
better crap hold no sway when the damn things can't even be safely backed up w/o running over the nearest toddler. They're ugly to boot.
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lyonn Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-18-06 12:07 AM
Response to Reply #5
22. Yup, the only thing that repubs comprehend
Getting into their pockets really hurts them. Not wars (they seem to get a mental buzz from wars, could their life be so dull?), troops dying, our image in the crapper, rights being ripped (they don't even care about their rights since they are law abiding, wait until the cops bust into their house and search after a neighbor turns them in for drugs, oh, and without a warrant). Damn their selfish, arrogant, mindless repubs. ways. It's almost funny, the repubs love their tax breaks and now they will pay dearly for gas that is higher than the tax breaks, all because of bush's wars and war plans.
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-18-06 12:14 AM
Response to Reply #22
24. Just wait until they start feeling empty stomachs for extended periods.
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bluestateguy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-17-06 11:06 PM
Response to Original message
8. Can we like send all those piece of shit traders on a permanent vacation?
All those screaming yo-yo's do is yell and scream on the floor of the exchange every day, driving up the price of oil.

They should get real jobs.
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-17-06 11:09 PM
Response to Reply #8
10. It's the traders?
:rofl:
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benburch Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-17-06 11:11 PM
Response to Reply #10
14. That WAS funny!
Sadly, what's not funny is how people have no idea about how the markets work!
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-17-06 11:09 PM
Response to Reply #8
12. I think it could be the traitors.
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magellan Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-17-06 11:10 PM
Response to Original message
13. Very early yesterday morning it got to $71.22
Then it started coming down before the markets opened.
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-17-06 11:13 PM
Response to Reply #13
15. We're about to see some stink.
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sam sarrha Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-17-06 11:33 PM
Response to Original message
19. that's why they are Saber rattling Iran, to raise the oil Profits, 20% of
Edited on Mon Apr-17-06 11:38 PM by sam sarrha
the cost of oil is speculators raking in the profits.. W's little Minions..
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-17-06 11:37 PM
Response to Reply #19
20. Stock market dropped due to Iran temperature, no speculation there.
Edited on Mon Apr-17-06 11:37 PM by lonestarnot
Cost per barrel caused the speculation in the stock market.
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sam sarrha Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-18-06 12:21 AM
Response to Reply #20
26. oil went up, so speculators made a killing, maybe not much else tho
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-18-06 12:05 AM
Response to Original message
21. kick
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Renew Deal Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-18-06 12:16 AM
Response to Original message
25. Better run out and fill up tonight.
Because there's going to be a shock in the morning.
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-18-06 12:52 AM
Response to Reply #25
27. Done.
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FoxNewsSucks Donating Member (236 posts) Send PM | Profile | Ignore Tue Apr-18-06 01:16 AM
Response to Original message
29. KEEP THOSE MARKERS HANDY
and write "Thanks Bush, you BASTARD" with an arrow pointing at the price per gallon. Write it on the damn pump. Every time you fill up. Sharpies are CHEAP. Gas isn't.
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