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Automotive News & Views How does gas at $4 and higher impact you?
2183 messages, Last post on Nov 21, 2009 at 5:13 PM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: tomcatt630 (Jul 01, 2009 8:13 am)  Looking at my records, I see I paid around $3.219 for hi-test around this time back in 2007. And in 2006, $3.059. So this is actually the cheapest summer for fuel since 2005, which was the year I bought the car. Around this time in 2005, I paid $2.359.
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Bloomberg Energy News forecasts gasoline prices to "free-fall" after Labor Day due to oversupply and continued weak demand. So the gas-guzzlers will sell out next.
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Replying to: whoosierdaddy (Aug 17, 2009 2:13 pm) |
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Replying to: andre1969 (Jul 01, 2009 10:51 am) |
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Replying to: whoosierdaddy (Aug 17, 2009 2:13 pm) I guess that means George Soros has to dock those tankers sometime. There hasn't been the outcry this summer like last but I'm seeing signs of continued manipulation in energy. When the storage facilities are bursting with product but the prices spike 20 cents in a week, something stinks. Have you noticed that last year Congress was all set to "investigate" energy speculation and now, not a peep. They must have got some nice "contributions" over the winter. Meanwhile, guys like Soros who made a billion speculating on oil last year gives 35 million to NYS welfare kids and is proclaimed a hero. 
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Replying to: oldfarmer50 (Aug 17, 2009 2:52 pm)
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Replying to: oldfarmer50 (Aug 17, 2009 2:52 pm) aheemmm I just heard a report on NPR, it is actually still saved on my iPhone, that they are investigating speculators for driving up the price of oil. Want me to email the link to you? Traders Blamed for Oil Spike CFTC Will Pin '08 Price Surge on Speculators, in a Reversal From Bush Findings That's a WSJ story on the same subject.
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Replying to: steve_ (Aug 17, 2009 3:00 pm) I am hoping the price drops after Labor day. We have a little over 5000 miles planned in our gas guzzler this Fall. |
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Replying to: british_rover (Aug 17, 2009 3:07 pm)
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Replying to: oldfarmer50 (Aug 17, 2009 2:52 pm) I would love to see Soros nailed for his shady activities. He has nearly bankrupted several countries. He seems to be above the law as he is tied to top tier members of both parties. His Hedge funds need to be investigated. He may be a bigger crook than Madoff.
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