Oil price leaps to year's high

Discussion in 'Current Events' started by KMAN, Jun 11, 2009.

  1. KMAN
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    KMAN Senior Member

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  2. Skull Pilot
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    Skull Pilot Platinum Member

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    Oil prices go up every year right after memorial day. It always has and always will and the price hikes have nothing to do with supply.
     
  3. tigerbob
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    tigerbob Increasingly jaded.

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    Oh Joy. I'm driving down to the Keys tomorrow. 1500 miles and about $100 more than it would have been in February.

    You don't see the price of Coke going up 100% every spring.
     
  4. Vel
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    Vel Gold Member

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    Hmm. Since our government just bought a couple of car companies and want those companies to invest heavily in hybrid vehicles, what do you think the chances are that oil prices are going to STAY high?
     
  5. tigerbob
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    tigerbob Increasingly jaded.

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    Not if they've got any sense. Most voters are short of money right now, and very few of them drive vehicles that deliver for than 25 mpg. Policy tends to go where the votes are.
     
  6. Vel
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    Vel Gold Member

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    Well, by congressional thinking, I'm sure that will be o.k. I heard on the radio this morning that they passed their Vouchers for Clunkers bill yesterday and figure people will jump at that $4500.00 government voucher towards a new car.
     
  7. Care4all
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    Care4all Warrior Princess Supporting Member

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    Why would having alternatives raise the price of oil Vel?

    Why is supply and demand, the key to capitalism working, not in play with oil?

    Oil prices should be at their lowest since demand is at its lowest...but for some reason, oil has a mind of its own...it never ever ever follows the natural supply and demand? I just don't get it?
     
  8. Lycurgus
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    Lycurgus Who is Obama, really...??

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    Well I have given up hope that our new president will do anything about energy and fuels costs, well except tax the hell out of them, so I took matters into my own hands and purchased a new truck. It's an older model, a 01, but, it gets a solid 55mpg. So screw Obama!
     

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    Last edited: Jun 11, 2009
  9. Care4all
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    Care4all Warrior Princess Supporting Member

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    gosh, i hope matt and me will qualify for this incentive, since my car is 15 years old and getting close to its last leg...but i heard that the car has to get 18 mpg or less and i think even this old Mitsubishi of ours gets 22 miles per gallon....???

    do you have a link for the Vouchers and how it will work??? :D
     
  10. Care4all
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    Care4all Warrior Princess Supporting Member

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    If you make it down to Key west, go to captain tony's and see if you can find a dollar bill on the ceiling saying Matt and Denise on it! :D

    And ya gotta make it to sloppy joes.... if you go to Islamorada key and stay there, the Tiki Bar at Holiday Aisle is hopping and the marina has some pretty good fishing boats that go out for snapper and yellow tail....and if you want to rent a boat for yourself, Bud and Mary's is pretty good.

    have fun!

    i'm jealous!
     

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