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Old 12-06-2008, 06:27 AM Offline   #1 (permalink)

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fur just did another show at Club Caligulafur just did another show at Club Caligulafur just did another show at Club Caligulafur just did another show at Club Caligulafur just did another show at Club Caligulafur just did another show at Club Caligulafur just did another show at Club Caligulafur just did another show at Club Caligulafur just did another show at Club Caligulafur just did another show at Club Caligulafur just did another show at Club Caligula
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Default Possible that gas may hit below $1 a gallon ...

was pumpin $1.56 gas last night and my nose started runnin - was cold as a mother fucka - looked at the pump and i only pumped $7 in ... had to sit back in the car - cant remember the last time i pumped gas and waited in the car - good shit ...
Return to $1 gas? Energy prices evaporate
Friday December 5, 8:25 pm ET
By Mark Williams, AP Energy Writer
Collapsing oil prices bring back the unthinkable: Could gas fall below a $1 a gallon?

COLUMBUS, Ohio (AP) -- Oil prices hit four-year lows Friday as employers cut the highest number of jobs in 34 years. The continuing decline in prices is so dramatic and so sudden that it is raising the prospect that gas prices could soon fall below $1 a gallon.

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The worst jobs data in 34 years on Friday just added more fuel to the deepening global recession as U.S. employers slashed a far worse-than-expected 533,000 jobs in November and the unemployment rate rose to a 15-year high of 6.7 percent.

A gallon of gasoline can be had for 50 cents less than it cost just last month, and people are starting to talk about $1 gas.

Granted, gas prices are a long way off from that magic number last seen in March 1999 when prices were at 97 cents a gallon, according to motor club AAA. Prices at the pump fell 1.6 cents overnight to $1.773 nationally, according to AAA, the Oil Price Information Service and Wright Express.

But consider what has happened since July 11 when a barrel of oil hit a record $147.27 and a gallon of gas was $4.117 on July 17. In less than five months, oil has fallen 72 percent.

Just this week, in which the National Bureau of Economic Research determined that the U.S. is in recession, oil has fallen 25 percent.

On Friday, light, sweet crude for January delivery settled at $40.81 a barrel on the New York Mercantile Exchange, down by nearly $3 per barrel. Prices fell as low at $40.50, levels last seen in December 2004.

Gasoline futures for January delivery tumbled to 90 cents.

For gas prices to get close to a $1, oil prices probably would need to fall another $10 a barrel -- something that would have impossible to fathom during first part of this year as oil prices soared near $150 per barrel.
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Old 12-06-2008, 06:42 AM Offline   #2 (permalink)



 
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those oil execs just posted record setting profits over the summer

now they're probably gonna run off with the money


but this is wonderful, my house uses oil n i didnt really want to spend $500-$600 a month to heat that bitch
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Old 12-06-2008, 07:31 AM Offline   #3 (permalink)



 
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ha they got so much oil in south la its a shame that shyt like 1.29 down here
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Old 12-06-2008, 07:57 AM Offline   #4 (permalink)

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yeah feels good to pump gas and be able to walk off while doing so...
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Old 12-06-2008, 08:43 AM Offline   #5 (permalink)



 
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yeah they are cutting jobs so the ceos are still able to make billions every year
 
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Old 12-06-2008, 09:57 AM Offline   #6 (permalink)



 
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it will be back up to four dollars by the summer...
 
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Old 12-06-2008, 10:20 AM Offline   #7 (permalink)



 
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YEAH ... $20 ACTUALLY DOES SOMETHIN TO DA TANK AGAIN ....

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Old 12-06-2008, 11:01 AM Offline   #8 (permalink)



 
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Yeah, when I was out in OHIO around Thanksgiving. Was getting gas for $1.60; back around my way-- here in Maryland.. it's about $1.79 - 1.90.
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Old 12-06-2008, 01:47 PM Offline   #9 (permalink)



 
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right now $34 is getting my trailblazer a full tank. I was up to $88 to fill up before.
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Old 12-06-2008, 01:55 PM Offline   #10 (permalink)



 
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... i can fill the coupe up with a 20...
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