Oil futures trading at $78 -- yes $78 (10/10/08) - Page 2

Canyonaro · 10-10-2008, 03:51 PM

Quote:

Originally Posted by K-1

Look at what is being traded: oil futures. We'll see what gas prices will be in November when trading ends on the 21st.

I understand the futures part. But for even October, it didn't compute on where oil was at the time either, but thanks for the heads up anyway.

TiburonJT · 10-10-2008, 06:23 PM

Quote:

Originally Posted by Canyonaro

It is back to $80.

Plus it doesn't translate, I am still paying $3.45 at the pump here in the state. Everyone in the business are just greedy pigs. Lets not talk about November when OPEC get back together to try to force the price back up.

Gas is down to as low as $3.09 near my house.

Sinner · 10-10-2008, 07:44 PM

Gas was less than a buck a litre in Ontario yesterday, we're still paying $1.13 here in Calgary.

jason4225 · 10-10-2008, 10:20 PM

Quote:

Originally Posted by big swede

Don't worry it will be $2.50 by the election.

We are paying $2.77 here for E10 and there have been a few stations over the river having price wars for a week where it was as low as $2.56 today.

prowlerjc · 10-13-2008, 07:45 AM

I'd really be surprised if it hit 2.50 by the election. By the end of the year, maybe...

It's still 3.45 in Columbia, SC.

marinerbc · 10-13-2008, 08:30 AM

Quote:

Originally Posted by E. Haskell

Oh, and on a side note....now don't we all feel foolish for wasting 6 months with the doom and gloom $6/gallon by Christmas talk....

Nope. Because some of us didn't.

wescoent · 10-13-2008, 11:17 AM

Goldman has cut price forecasts.

http://biz.yahoo.com/rb/081013/busin...rkets_oil.html

Possible fall to $50, end of year target at $70, and $86 next year.

10-10-2008, 07:44 PM	#18 (permalink)
Sinner 3.0 Liter SIDI V6 Join Date: Oct 2005 Location: Calgary, Alberta. Posts: 699	Re: Oil futures trading at $78 -- yes $78 (10/10/08) Gas was less than a buck a litre in Ontario yesterday, we're still paying $1.13 here in Calgary.

10-13-2008, 07:45 AM	#20 (permalink)
prowlerjc 4.6 Liter Northstar V8 Join Date: Jan 2003 Posts: 1,841	Re: Oil futures trading at $78 -- yes $78 (10/10/08) I'd really be surprised if it hit 2.50 by the election. By the end of the year, maybe... It's still 3.45 in Columbia, SC.

10-13-2008, 11:17 AM	#22 (permalink)
wescoent 6.2 Liter LS9 Supercharged V8 Join Date: Dec 2004 Posts: 6,462	Re: Oil futures trading at $78 -- yes $78 (10/10/08) Goldman has cut price forecasts. http://biz.yahoo.com/rb/081013/busin...rkets_oil.html Possible fall to $50, end of year target at $70, and $86 next year. __________________ "It's only when the tide goes out that you learn who's been swimming naked." -Warren Buffet(t)

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