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Thread: Oil Slick Stuff

  1. #25

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    Default Re: Oil Slick Stuff

    CNN Breaking News:

    -- Explosion reported near oil pipeline on outskirts of Lagos, Nigeria, the Nigerian Red Cross tells CNN. There are conflicting reports on casualties.

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  3. #26
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    Default Re: Oil Slick Stuff

    Oil Pipeline Explodes in Nigeria and Up to 200 Are Feared Dead

    http://biz.yahoo.com/ap/060512/niger...last.html?.v=5

    A ruptured pipeline exploded Friday in southwestern Nigeria as villagers rushed to collect oil gushing from it

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  5. #27

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    Default Re: Oil Slick Stuff

    Crude for June delivery was last down $1.42, or 1.9%, at $71.90 a barrel
    Crude weaker as IEA cuts 2006 forecast
    Oil prices on track for weekly gain; natural gas drops
    http://markets.usatoday.com/custom/u...6B3EF008B9A%7D




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  7. #28

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    Default Re: Oil Slick Stuff

    You know that Nigeria explosion shouldn't effect the price of Gas or Oil. Local energy thiefs blow themselfs up, so what? Dummies!



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  9. #29

    Default Re: Oil Slick Stuff

    Quote Originally Posted by nnuut
    You know that Nigeria explosion shouldn't effect the price of Gas or Oil. Local energy thiefs blow themselfs up, so what? Dummies!
    One post from a 1000 NNUUT!
    Seriously though... it's just another reason to gouge us; founded... or not.

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  11. #30

    Default Gasoline at 10 Cents a Gallon

    Gasoline at 10 Cents a Gallon and Falling


    by George Reisman

    by George Reisman



    Does gasoline at 10 cents a gallon and falling sound impossible in today’s world?
    Well, if you think it’s impossible, you’re wrong. Because that’s where gasoline actually is, and it looks like it’s going even lower.

    Of course, it’s not 10 cents a gallon in today’s paper money. But it is 10 cents a gallon in the Constitutional money of the United States, which is gold coin and bullion.

    George Reisman [send him mail] is Pepperdine University Professor Emeritus of Economics at Pepperdine University's Graziadio School of Business & Management in Los Angeles, and is the author of Capitalism: A Treatise on Economics. Visit his website.
    Copyright © 2006 George Reisman


    rest of article here:
    http://www.lewrockwell.com/orig3/reisman6.html

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  13. #31

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    Default Re: Oil Slick Stuff

    Oh, for the good old days!!!! Let's see, people made about $2 a week so that seems a little high to me! Diferent day, same S--T.



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  15. #32

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    Default Re: Oil Slick Stuff

    Down Boy!

    05/15/2006 - Updated 6:46 AM ETOil price continues to slide
    By Sarah Turner, MarketWatch

    LONDON (MarketWatch) -- Front-dated oil prices weakened on Monday, following last week's lowered estimates from a key energy agency and as other commodities showed sharp declines.
    Last edited by nnuut; 10-25-2010 at 09:25 PM.



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  17. #33

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    Default Re: Oil Slick Stuff

    Now were talkin!
    AP
    Oil Prices Tumble More Than 3 Percent
    Monday May 15, 2:13 pm ET
    By Brad Foss, AP Business Writer

    Oil Prices Tumble More Than 3 Percent on Concerns About Weakening Demand, Inflation
    http://biz.yahoo.com/ap/060515/oil_prices.html?.v=12



  18.  
  19. #34

    Default Re: Oil Slick Stuff

    Quote Originally Posted by nnuut
    Now were talkin!
    AP
    Oil Prices Tumble More Than 3 Percent
    Monday May 15, 2:13 pm ET
    By Brad Foss, AP Business Writer

    Oil Prices Tumble More Than 3 Percent on Concerns About Weakening Demand, Inflation
    http://biz.yahoo.com/ap/060515/oil_prices.html?.v=12
    I see some of the raw materials dropped also....I believe they saw the end of the rope....they realized they had to go back to the bargaining table to further their future profits .......
    The Technician (escapades at times as Carnac)

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  21. #35

    Default Re: Oil Slick Stuff

    Quote Originally Posted by nnuut
    Down Boy!

    05/15/2006 - Updated 6:46 AM ETOil price continues to slide
    By Sarah Turner, MarketWatch

    The declines came after The International Energy Agency, in a monthly report released on Friday, cut its global demand growth view to 1.25 million barrels a day from 1.47 million barrels, citing mild first-quarter temperatures and sustained high oil prices. It tallied total world oil demand at 84.8 million barrels per day.
    Let's see now... put less oil on the table, and prices go down?
    Guess I don't get it... again.

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  23. #36

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    Default Re: Oil Slick Stuff

    International Energy Agency, in a monthly report released on Friday, cut its global demand growth view to 1.25 million barrels a day
    Not output!




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