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| Oil falls below $41 as recession batters US |
| 2009-02-07 |
| Oil prices fell below $41 a barrel Friday in Asia as soaring U.S. unemployment and bleak corporate results kept investors pessimistic about demand for crude. But price at the pump is acting more like it's $60 a barrel... |
| Posted by:Fred |
| #4 Just tanked up, price $1.73 not good, but not too bad. |
| Posted by: Rednek Jim 2009-02-07 19:29 |
| #3 I use the McDonald's inflation standard. When it was 15 cents for a hamburger, or fries, or a small drink (total 45 cents), gas was running about 40 cents a gallon were I was [not counting 'gas wars' that occasionally broke out dropping it to the low 30s]. Today the 'All American' meal is over $2, a gallon of gas is back to about the same [and that's with a heck of a lot of local/state/fed tax that wasn't there so long ago]. |
| Posted by: Procopius2k 2009-02-07 09:50 |
| #2 OOOOPSIES, forgot to add that WEF believes that, besdies geopol and environ chaos and anarchies, THE MARKET PRICE OF WATER = PRICE OF WATER-BASED INVESTMENTS WILL BEOME MORE SIGNIFICANT OR IMPORTANT THAN THE MARKET PRICE OF OIL??? |
| Posted by: JosephMendiola 2009-02-07 00:25 |
| #1 WORLD MILITARY FORUM > WORLD ECONOMIC FORUM[WEF-Davos]: WORLD FACES "WATER BANKRUPTCY/INSOLVENCY" IN 20 YEARS [Year 2029-30]/70 OF WORLD'S MAJOR RIVER SYSTEMS ARE NEARLY EXHAUSTED??? D *** NG IT, MAYBE THE FUTURE OWG-NWO WANTS TO MAKE ANTI-SPACE ROCK GMD-SPACE DEFENSE CALC ERRORS AND HAVE COMET APOPHIS SLAM INTO THE MOON ANYWAYS! * AIRPLANE Comedy Movie > POINT COUNTERPOINT > GUEST = "THEY BOUGHT THEIR PLANE/FLIGHT TICKETS FAIR AND SQUARE - I SAY, LET 'EM CRASH"! |
| Posted by: JosephMendiola 2009-02-07 00:22 |