Like Tree0Likes

This should be good for our gas prices!

Reply
Old 03-18-2003, 01:29 PM
  #1
Charter Member #927
Charter Member
Thread Starter
 
Payton's Avatar
 
Join Date: Jan 2001
Location: IN
My Boats: 1991 34' Super Hawaii
Posts: 4,817
Default 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.
Payton is offline  
Reply With Quote
Old 03-18-2003, 01:54 PM
  #2
Registered
 
Join Date: Nov 2000
Location: charlotte Mi
My Boats: boats,cars...speed
Posts: 1,070
Default

Lets hope that comes true....Fred
fred is offline  
Reply With Quote
Old 03-18-2003, 03:47 PM
  #3
OSO Moderator
Charter Member
 
BillR's Avatar
 
Join Date: Oct 2000
Location: Virginia Beach, VA
My Boats: '00 Scarab Sport 302 CC
Posts: 3,580
Default

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.
__________________
BillR

'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
BillR is offline  
Reply With Quote
Old 03-18-2003, 03:52 PM
  #4
Gone Fishin'
Charter Member
 
Waterfoul's Avatar
 
Join Date: Nov 2000
Location: Grand Rapids/Holland/Grand Haven
My Boats: 1988 Tracker Pro 17, 40 hp Mariner.....1972 Glastron GT 140, Merc 50 power!!!
Posts: 7,408
Default

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!!!!
Waterfoul is offline  
Reply With Quote
Reply

Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
nova26
General Boating Discussion
79
06-11-2008 06:27 AM
GLH
General Boating Discussion
42
04-01-2004 12:40 AM
Dean Ferry
General Boating Discussion
3
09-24-2003 05:01 PM
CAP071
General Boating Discussion
37
05-06-2003 11:03 PM



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -5. The time now is 01:49 PM.


Copyright 2011 OffShoreOnly. All rights reserved.