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Oil

Posted: September 9th, 2008, 11:13 am
by Paully_44
Crude oilclosed at $103.11, the lowest it's been since April. I found this quote in the article interesting
"My general sense right now is that OPEC is more concerned about demand destruction than about the price drop."


What did the expect would happen? I know our driving sure was affected by the price of gas this summer. Local Chevron here is still $3.85 and the Texaco across the street is still at $3.95

Posted: September 9th, 2008, 11:40 am
by MacUser
Keep on keeping on... avoiding the pump. The price dropped here to 3.36 and then with all the storms on the coast it bumped it back up to 3.66.

Also when you do buy.. avoid the ethanol (if possible) and support the "real gas". Your auto will thank you for it with extra ++ mpg and smoother operation/life.

Posted: September 9th, 2008, 12:40 pm
by EagerBeaver
MacUser wrote:Keep on keeping on... avoiding the pump. The price dropped here to 3.36 and then with all the storms on the coast it bumped it back up to 3.66.

Also when you do buy.. avoid the ethanol (if possible) and support the "real gas". Your auto will thank you for it with extra ++ mpg and smoother operation/life.


Yeah the ethanol sucks. I really feel it in my Acura...which by the way requires 91 octane gas.

Posted: September 9th, 2008, 4:24 pm
by Mike Vande
I'm still praying for the price of gas to go down...