Oil prices hit new record high $90.07 a barrel; gas on the rise; home heating bills on the rise

On Oct 19, 8:36 am, Harry Hope <riv...@ix.netcom.com> wrote:
> Gasoline prices, which are up more than 5 cents this week, climbed
> nearly 2 cents to a national average of $2.81 a gallon for
> regular-grade gasoline, according to motorist group AAA.
>
> Higher pump prices, which are still far below the record high reached
> in late May of $3.22 a gallon, are poised to move higher, said Hicks.
>
> "Gas prices have not responded in the same fashion here with oil
> prices going up, but we think that will eventually happen," he said.
>
> Home heating bills on the risehttp://money.cnn.com/2007/10/09/news/economy/heating/index.htm?postve...
>
> http://money.cnn.com/2007/10/19/markets/oil/?postversion=2007101909
>
> October 19 2007
>
> Oil prices top $90; gas on the rise
>
> Dollar weakness and supply fears lift crude prices to new heights; gas
> prices keep climbing, up nearly 2 cents a barrel.
>
> By David Ellis, CNNMoney.com staff writer
>
> NEW YORK (CNNMoney.com) --
>
> Oil prices extended their record-setting run Friday, briefly breaking
> above $90 a barrel for the first time ever, while gas prices continued
> their week-long climb.
>
> Light, sweet crude for the November contract climbed as high as $90.07
> a barrel in electronic trading before turning lower, as prices lost 53
> cents to $88.94 a barrel on the New York Mercantile exchange.
>
> Crude prices settled at a record $89.47 a barrel Thursday.
>
> __________________________________________
>
> Harry


Let's all say it now:
IN
FLA
TION

It's coming, and when it does, it's gonna be ugly.
 
Jerry Okamura wrote:
>
> "Al Goreon's Great Global Warming Scam" <Scandal@AlGoreon's Home.com>
> wrote in message news:4718e3c4$0$7207$7836cce5@newsrazor.net...
>>
>> "George Grapman" <sfgeorge@paccbell.net> wrote in message
>> news:pn5Si.15397$JD.7604@newssvr21.news.prodigy.net...
>>> Al Goreon's Great Global Warming Scam wrote:
>>>> "George Grapman" <sfgeorge@paccbell.net> wrote in message
>>>> news:Mc5Si.15392$JD.7432@newssvr21.news.prodigy.net...
>>>>> So when will Bush jawbone OPEC to lower prices?
>>>> ============
>>>> When did OPEC seize control of all the World Commodities Trading
>>>> Exchanges
>>> Why won't you answer the question?

>> =============
>>
>> I see you are too stupid to get my point that OPEC does not control
>> oil prices. But then paper ballots are too confusing for you to figure
>> out as well, so why am i not surprised.
>>

>
> They don't? You mean that little episode in the 70's was just our
> imagination?



With the DTs babs has a vivid imagination.
 
On Fri, 19 Oct 2007 11:36:33 -0400, Harry Hope <rivrvu@ix.netcom.com>
wrote:

>Gasoline prices, which are up more than 5 cents this week, climbed
>nearly 2 cents to a national average of $2.81 a gallon for
>regular-grade gasoline, according to motorist group AAA.
>
>Higher pump prices, which are still far below the record high reached
>in late May of $3.22 a gallon, are poised to move higher, said Hicks.
>
>"Gas prices have not responded in the same fashion here with oil
>prices going up, but we think that will eventually happen," he said.
>
>Home heating bills on the rise
>http://money.cnn.com/2007/10/09/news/economy/heating/index.htm?postversion=2007100912


So then ... it would be better if we exploited the arabs
some more, underpaid them for their valuable resource,
put dictators in charge to ensure we can continue to
underpay for oil, make wars on anyone who asks for a
fair price - hmmm ???
 
"Jerry Okamura" <okamuraj005@hawaii.rr.com> wrote in message
news:4719363b$0$11468$4c368faf@roadrunner.com...
>
> "Al Goreon's Great Global Warming Scam" <Scandal@AlGoreon's Home.com>
> wrote in message news:4718e3c4$0$7207$7836cce5@newsrazor.net...
>>
>> "George Grapman" <sfgeorge@paccbell.net> wrote in message
>> news:pn5Si.15397$JD.7604@newssvr21.news.prodigy.net...
>>> Al Goreon's Great Global Warming Scam wrote:
>>>> "George Grapman" <sfgeorge@paccbell.net> wrote in message
>>>> news:Mc5Si.15392$JD.7432@newssvr21.news.prodigy.net...
>>>>> So when will Bush jawbone OPEC to lower prices?
>>>> ============
>>>> When did OPEC seize control of all the World Commodities Trading
>>>> Exchanges
>>> Why won't you answer the question?

>> =============
>>
>> I see you are too stupid to get my point that OPEC does not control oil
>> prices. But then paper ballots are too confusing for you to figure out as
>> well, so why am i not surprised.
>>

>
> They don't? You mean that little episode in the 70's was just our
> imagination? ====================


the World is consuming Record oil volume every day . OPEC is pumping record
oil quantities . OPEC does not control Oil prices, the commodities
exchanges set Oil prices.
YOu failed your supply & demand economics classes i see.
 
On Sun, 21 Oct 2007 11:56:50 -0400, "Al Goreon's Great Global Warming
Scam" <Scandal@AlGoreon's Home.com> wrote:

>
>"Jerry Okamura" <okamuraj005@hawaii.rr.com> wrote in message
>news:4719363b$0$11468$4c368faf@roadrunner.com...
>>
>> "Al Goreon's Great Global Warming Scam" <Scandal@AlGoreon's Home.com>
>> wrote in message news:4718e3c4$0$7207$7836cce5@newsrazor.net...
>>>
>>> "George Grapman" <sfgeorge@paccbell.net> wrote in message
>>> news:pn5Si.15397$JD.7604@newssvr21.news.prodigy.net...
>>>> Al Goreon's Great Global Warming Scam wrote:
>>>>> "George Grapman" <sfgeorge@paccbell.net> wrote in message
>>>>> news:Mc5Si.15392$JD.7432@newssvr21.news.prodigy.net...
>>>>>> So when will Bush jawbone OPEC to lower prices?
>>>>> ============
>>>>> When did OPEC seize control of all the World Commodities Trading
>>>>> Exchanges
>>>> Why won't you answer the question?
>>> =============
>>>
>>> I see you are too stupid to get my point that OPEC does not control oil
>>> prices. But then paper ballots are too confusing for you to figure out as
>>> well, so why am i not surprised.
>>>

>>
>> They don't? You mean that little episode in the 70's was just our
>> imagination? ====================

>
>the World is consuming Record oil volume every day . OPEC is pumping record
>oil quantities . OPEC does not control Oil prices, the commodities
>exchanges set Oil prices.
>YOu failed your supply & demand economics classes i see.


OPEC controls the supply.

Therefore, OPEC controls the price.
>

--

What do you call a Republican with a conscience?

An ex-Republican.

http://www.balloon-juice.com/?p=8827 (From Yang, AthD (h.c)

"I simply can not believe this is what the Republican party has
become. I just can
 
"Al Goreon's Great Global Warming Scam" <Scandal@AlGoreon's Home.com> wrote
in message news:471b76c2$0$7212$7836cce5@newsrazor.net...
>
> "Jerry Okamura" <okamuraj005@hawaii.rr.com> wrote in message
> news:4719363b$0$11468$4c368faf@roadrunner.com...
>>
>> "Al Goreon's Great Global Warming Scam" <Scandal@AlGoreon's Home.com>
>> wrote in message news:4718e3c4$0$7207$7836cce5@newsrazor.net...
>>>
>>> "George Grapman" <sfgeorge@paccbell.net> wrote in message
>>> news:pn5Si.15397$JD.7604@newssvr21.news.prodigy.net...
>>>> Al Goreon's Great Global Warming Scam wrote:
>>>>> "George Grapman" <sfgeorge@paccbell.net> wrote in message
>>>>> news:Mc5Si.15392$JD.7432@newssvr21.news.prodigy.net...
>>>>>> So when will Bush jawbone OPEC to lower prices?
>>>>> ============
>>>>> When did OPEC seize control of all the World Commodities Trading
>>>>> Exchanges
>>>> Why won't you answer the question?
>>> =============
>>>
>>> I see you are too stupid to get my point that OPEC does not control oil
>>> prices. But then paper ballots are too confusing for you to figure out
>>> as well, so why am i not surprised.
>>>

>>
>> They don't? You mean that little episode in the 70's was just our
>> imagination? ====================

>
> the World is consuming Record oil volume every day . OPEC is pumping
> record oil quantities . OPEC does not control Oil prices, the commodities
> exchanges set Oil prices.
> YOu failed your supply & demand economics classes i see.
>


That is downright silly. OPEC has the oil. They can "choose to sell the
oil at any price" or they can "choose not to selll the oil at any price"....
 
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