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  1. #1
    Charter Member #927 Charter Member Payton's Avatar
    My Boats:
    1991 34' Super Hawaii
    Join Date
    Jan 2001

    This should be good for our gas prices!

    April and May futures for Crude is down 2.50 to 3.00 per barrel

    and unleaded gass futures are down about 7 cents per gallon.

    I think knowing a little more of what is comeing in the Middle East and the fact that the strike in Venesuala (sp) is over and they are going to increase production above pre strike levels.

  2. #2
    My Boats:
    Join Date
    Nov 2000
    charlotte Mi
    Lets hope that comes true....Fred

  3. #3
    OSO Moderator Charter Member BillR's Avatar
    My Boats:
    '00 Scarab Sport 302 CC
    Join Date
    Oct 2000
    Virginia Beach, VA
    Crude oil was at $39.99 a barrel a week or so ago. The prices have dropped:

    Brent crude oil for May delivery fell 83 cents to $29.30 per barrel on
    London's International Petroleum Exchange, which was forced to close for two
    hours when anti-war protesters raided the London market waving banners
    saying "Oil fuels war." U.S. crude futures fell 68 cents to $34.70 per
    barrel, some $6 short of their peak during the 1990-1991 Gulf crisis.

    "The market believes the war will be short and quick, so there should be a
    relatively soft landing for crude prices," said Charlie Luke at Aberdeen
    Asset Management.

    Now how long do you think oil companies will keep prices high? All summer is
    my bet, then record profits at years end.

    '00 Scarab Sport 302 CC
    '02 Cigarette Top Gun TS
    '02 PQ 340
    '00 PQ 280
    '98 Scarab 22
    '97 Baja Outlaw 20
    '72 Checkmate
    '65 Glastron

  4. #4
    Gone Fishin' Charter Member Waterfoul's Avatar
    My Boats:
    1988 Tracker Pro 17, 40 hp Mariner.....1972 Glastron GT 140, Merc 50 power!!!
    Join Date
    Nov 2000
    Grand Rapids/Holland/Grand Haven
    This would be one time I hope the goverment "asks" the oil companies to do the right thing.
    [b]M Go Blue.......Gator boots, gator luggage, gator purses... all at cut rate deals!!!!

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