midknight
midknight New Reader
1/16/09 12:43 p.m.

At least in the past they faked some vague correlation, claimed summer blending, winter blending, possibility of iceberg hitting gulf oil rig etc., but what's up with this new inverse principle?

John Brown
John Brown GRM+ Memberand SuperDork
1/16/09 12:59 p.m.

It is the "Shut up and pay the bill" rule of economics.

Snowdoggie
Snowdoggie Reader
1/16/09 1:15 p.m.

It's like housing. Buy now or be priced out forever.

HiTempguy
HiTempguy Reader
1/16/09 1:18 p.m.
John Brown wrote: It is the "Shut up and pay the bill" rule of economics.

Gas went up 6 cents a litre here overnight. Thats almost 24cents a gallon, NOT including currency exchange

Dr. Hess
Dr. Hess SuperDork
1/16/09 1:20 p.m.

Yeah, funny how that works, isn't it? It's now "We're not making enough money, so we're going to shut down refineries so we can make more. Suck it up and pay."

Snowdoggie
Snowdoggie Reader
1/16/09 1:24 p.m.
Dr. Hess wrote: Yeah, funny how that works, isn't it? It's now "We're not making enough money, so we're going to shut down refineries so we can make more. Suck it up and pay."

Seems to me that every time they raise the price of gas, people have less money to spend on everything else, which leads to a slowing of the economy, which leads to even less demand for gasoline, which leads to....

aircooled
aircooled Dork
1/16/09 1:51 p.m.

I believe it has to do with all of the "bombing and blowing stuff up" that Israel is doing right now. Not that that has anything to do with oil, but it does create a very slight chance of a larger (oil involved) conflict.

Although I think Dr. Hess would say it has more to do with the impending Obama inauguration. You know, a little correction to make it less obvious the "Illuminate" manipulated oil price to get him elected (however that works).

John Brown
John Brown GRM+ Memberand SuperDork
1/16/09 1:54 p.m.

They are the Illuminati

aircooled
aircooled Dork
1/16/09 1:57 p.m.

I think Hess is the Illuminati, and he is spreading rumors about others to throw us off his track... you know they are tricky like that...

Dr. Hess
Dr. Hess SuperDork
1/16/09 2:10 p.m.

If I can Illuminati the Clouds Dan Rather left in your mind, then my mission will be accomplished.

If'n y'all want my opinion on our economy, seein' as how your-a-askin', then:

Our economy has been a house of cards. Perhaps it always was, maybe it was worse lately. Doesn't take too much to bring it down. Like money: What is a dollar? A bit in non-volitile RAM? A piece of paper? A representation of someone's time (my opinion)? It only has any value because we place value on it and we place value on it because we have to trade our time for it. Money is modern slavery. OK, now, house of cards. Pushed to the top level with more feel good additions. Hillary is rejected when The O shows up, being fully owned by Soros, running against McCain, who not even his own party likes and who is rented by Soros. Little Mac starts leading in the pols. Oh, gosh, we gotta do something. Tank the US economy and everyone (or enough) will vote O. How do you tank an economy? You tripple the price of oil, the life-blood of the economy (energy). So oil goes to $150/bbl. The first thing to fall was mortgages given to illegal aliens (No SS needed, come on and get your half million for a house!), and others that had a history of not paying back money loaned to them. The housing/mortgage-banking industry colapses. Other industries start following and once it has started, the house of cards comes down. Now, after the election, the price of oil goes back to $30/bbl as "they" try to stop the damage and keep us out of Great Depression II. And, much as the rest of the world hates to admit it, when the US economy gets a cold, the world economy gets double pneumonia.

So, that's where we find ourselves.

914Driver
914Driver Dork
1/16/09 3:04 p.m.

It's the "Lets put the head in and talk about it" economics.

Up $.22 in five days here.

Dan

Snowdoggie
Snowdoggie Reader
1/16/09 3:14 p.m.

We will hear the real scoop about the lluminati when Art Bell gets back on the air.

foxtrapper
foxtrapper SuperDork
1/16/09 4:33 p.m.

Crude oil and gasoline prices aren't directly related. Then never were. You've always had them moving independently. Free market stuff drives it, especially the commodity speculators.

SupraWes
SupraWes Dork
1/16/09 4:42 p.m.

Probably because gas is cheap and people are buying more is whats driving the price up. Didn't you take economics? :)

daytonaer
daytonaer New Reader
1/17/09 8:49 p.m.

My small town gas station now has the "hurricone", a yellow cone with red flashing light and a built in floor drier. I suppose mops were too cheap and they're making too much money selling candy bars and coffee. sure, its not them, they're just caught in the middle.

mel_horn
mel_horn HalfDork
1/18/09 9:49 a.m.

Last week on "60 Minutes" they (what took you so berkeleying long?) had a segment on gas prices. The interviewee said that even though supply vs demand is blamed for rising prices they showed a graph showing demand was relatively low and supply was relatively high. They blamed speculators on the commodities market. Wonder what would happen if they took petroleum off the commodities market?

And it's nice that the Hurricone tells you that somebody peed on the floor.

carguy123
carguy123 Dork
1/18/09 6:05 p.m.
Dr. Hess wrote: If I can Illuminati the Clouds Dan Rather left in your mind, then my mission will be accomplished. If'n y'all want my opinion on our economy, seein' as how your-a-askin', then: Our economy has been a house of cards. Perhaps it always was, maybe it was worse lately. Doesn't take too much to bring it down. Like money: What is a dollar? A bit in non-volitile RAM? A piece of paper? A representation of someone's time (my opinion)? It only has any value because we place value on it and we place value on it because we have to trade our time for it. Money is modern slavery. OK, now, house of cards. Pushed to the top level with more feel good additions. Hillary is rejected when The O shows up, being fully owned by Soros, running against McCain, who not even his own party likes and who is rented by Soros. Little Mac starts leading in the pols. Oh, gosh, we gotta do something. Tank the US economy and everyone (or enough) will vote O. How do you tank an economy? You tripple the price of oil, the life-blood of the economy (energy). So oil goes to $150/bbl. The first thing to fall was mortgages given to illegal aliens (No SS needed, come on and get your half million for a house!), and others that had a history of not paying back money loaned to them. The housing/mortgage-banking industry colapses. Other industries start following and once it has started, the house of cards comes down. Now, after the election, the price of oil goes back to $30/bbl as "they" try to stop the damage and keep us out of Great Depression II. And, much as the rest of the world hates to admit it, when the US economy gets a cold, the world economy gets double pneumonia. So, that's where we find ourselves.

And actually if you really look at how things have played out since the big E you'll see he wasn't far off.

I am so ashamed that the world can see that we are so shallow and can be manipulated so easily.

ignorant
ignorant SuperDork
1/18/09 7:15 p.m.
Dr. Hess wrote: If I can Illuminati the Clouds Dan Rather left in your mind, then my mission will be accomplished. If'n y'all want my opinion on our economy, seein' as how your-a-askin', then: Our economy has been a house of cards. Perhaps it always was, maybe it was worse lately. Doesn't take too much to bring it down. Like money: What is a dollar? A bit in non-volitile RAM? A piece of paper? A representation of someone's time (my opinion)? It only has any value because we place value on it and we place value on it because we have to trade our time for it. Money is modern slavery. OK, now, house of cards. Pushed to the top level with more feel good additions. Hillary is rejected when The O shows up, being fully owned by Soros, running against McCain, who not even his own party likes and who is rented by Soros. Little Mac starts leading in the pols. Oh, gosh, we gotta do something. Tank the US economy and everyone (or enough) will vote O. How do you tank an economy? You tripple the price of oil, the life-blood of the economy (energy). So oil goes to $150/bbl. The first thing to fall was mortgages given to illegal aliens (No SS needed, come on and get your half million for a house!), and others that had a history of not paying back money loaned to them. The housing/mortgage-banking industry colapses. Other industries start following and once it has started, the house of cards comes down. Now, after the election, the price of oil goes back to $30/bbl as "they" try to stop the damage and keep us out of Great Depression II. And, much as the rest of the world hates to admit it, when the US economy gets a cold, the world economy gets double pneumonia. So, that's where we find ourselves.

the closer the election gets.. the crazier you is

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