Thread: Oil Slick Stuff

Originally Posted by Buster

Gas up to $3.08 this morning

And here is the true Auto Cycle

HA! The rolling eggshell is just fine until you collide with something else either static or moving. Then youre dead.

Originally Posted by FAB1

HA! The rolling eggshell is just fine until you collide with something else either static or moving. Then youre dead.

To a point yes but it doesn't have to be that way and it's often very deceiving. With modern cars if you are looking at all that damage it looks horrendous but is actually a calculated sacrifice of the vehicle to slow the impact. A lot of the classic "T" bone injury is mitigated by those hi tech side airbags as well. They, (modern subcompacts) really are in many ways safer than many of your Sport Utes and especially pick ups. Of course you aren't going to get all of this with something like this in it's current form but it's still going to fill a need for many people. As for the Smart car check it's statistics, its safer than most of our tanks we have here. Being made by Mercedes it's big problem is that it's just too expensive for what it is. In fact I haven't see very many in Germany over the years either, even less than the new Bug, which seems to be another rather unpopular car. The Germans tend to drive them in the big cities where you really can tend to get piled up badly though they do park well. Overall I can see a use for something like this for people who live in the boonies as a second or commuter car like I use my Honda Civic for now. . Right about now up here in the land of the "Rock Eater" it might not be a good idea to drive one of those.
It looks too much like big gray squirrel. Ol Clem would try to run over it with his Monster 4 X 4 for his dinner. I used to work with an old Customs Inspector up here who would grab his lunch at the roadside occasionally. Oh yea that is true, and I am sure a couple of you guys know exactly who I mean. "Spike"

Oil prices cool after big spike



8:08 AM ET

NEW YORK (CNNMoney) -- After rocketing higher earlier this week, oil prices were holding steady early Wednesday as investors kept a wary eye on events in the Middle East.
Crude futures for April delivery edged up 50 cents, or less than 1%, to $95.92 a barrel in electronic trading in New York.

Brent crude, the European benchmark oil price, rose $1.62, or 1.2%, to $107.40 a barrel.
http://money.cnn.com/2011/02/23/markets/oil/index.htm

DRILL DRILL DRILL!!!

Oil prices continue surge on Libya unrest

By Ben Rooney, staff reporterFebruary 23, 2011: 10:22 AM ET

NEW YORK (CNNMoney) -- Oil prices rose another 2% on Wednesday, extending gains from the previous session, as traders kept a wary eye on the growing political shift in the Middle East.
Crude futures for April delivery edged up $2.14, or 1.3%, to $97.60 a barrel in New York.
http://money.cnn.com/2011/02/23/markets/oil/index.htm

02/23/2011 - Updated 1:18 PM ET
U.S. stocks extend losses as oil surges
By Kate Gibson, MarketWatch

NEW YORK (MarketWatch) — U.S. stocks on Wednesday fell for a second day, with the Dow industrials suffering their first back-to-back triple-digit decline in eight months, as oil topped $100 a barrel.
“The strife in Libya carries implications that extend well past its borders and clouds the immediate term outlook for the investment markets,” noted Kevin Giddis, executive managing director and fixed-income analyst at Morgan Keegan.
A day after its largest fall since Nov. 16, the Dow Jones Industrial Average [DJIA] was off 103.50 points to 12,109.29, with 21 of its 30 components tallying losses, led by Hewlett-Packard Co. [HPQ] H-P shares fell 11% after CEO Leo Apotheker projected revenue for the current fiscal year will be below expectations. http://markets.usatoday.com/custom/u...0212804637C%7D

Light Sweet Crude 98.85+3.43 @14:34

James sez follow him, get a flexfuel and you dont need gasoline.

Id rather see a move to the good old stable, lets provide our own gasoline days. But we have an Obama in the white house so

NEVAR!!! Cartangry.gif

Feb. 24, 2011, 7:21 a.m. EST
Oil soars above $100 a barrel on Libya fears

Brent crude rallies to an intraday high of $119.79 a barrel


By Polya Lesova and Sarah Turner, MarketWatch
LONDON (MarketWatch) — Oil futures extended their rally Thursday, with the April contract surging above $100 a barrel, as investors spooked by supply disruptions in Libya bid the price of crude higher.
Crude oil for April delivery /quotes/comstock/21n!f:cl\j11 (CLJ11 100.68, +2.58, +2.63%) rose $2.90, or nearly 3%, to $101 a barrel in electronic trading on Globex.
The contract earlier hit an intraday high of $103.41 a barrel.
http://www.marketwatch.com/story/oil...ist=beforebell

Sweet Light Crude 100.86 b +2.76 @ 08:25 EST

gas here up .10 from yesterday to $3.19

Energy Stocks
Feb. 24, 2011, 10:13 a.m. EST
Energy stocks cool off after gains

Crude oil futures trade under $100 a barrel
http://www.marketwatch.com/story/ene...ins-2011-02-24

Sweet Light Crude 99.29 +1.19 @ 10:33 EST

Feb. 24, 2011, 11:09 a.m. EST
Oil adds to gains after EIA inventories report


LIGHT CRUDE APR1


Story



By Claudia Assis

SAN FRANCISCO (MarketWatch) -- Crude-oil futures added to gains Thursday after a weekly inventories report showed a smaller-than-expected increase in supplies. Crude for April delivery /quotes/comstock/21n!f:cl\j11 (CLJ11 98.96, +0.86, +0.88%) added 99 cents to $99.15 a barrel on the New York Mercantile Exchange.
http://www.marketwatch.com/story/oil...1-02-24-119540