Re: OT/Why no celebration?
 

No celebration?? Its 12:07 pm......I think I'll have a beer... How's that!!!!

:thumb

Re: OT/Why no celebration?
 

i dont want to jinx it! shhhhhhhh.........

Re: OT/Why no celebration?
 

Oil prices are down 60 percent yet fuel is down only 40 and in some cases only 25 percent. It's 2.19 here in cincy for the 87octain yet returning from Charleston WV yesterday it was universally 2.99 from Charleston to Portsmouth OH before it started dropping.

I don't know if Alky is down or how much.

Diesel is down about a buck. I expect if the economy ever turns around you'll see the same summer spikes starting in may you have the last several years. To offset some of this teams could purchase a 500 or 1000 gallon tank and have it filled,

Chuck, having a double shot of Beam to celebrate :) I bought a Cycle to combat some of the high fuel cost of traveling to tracks like Bloom, THAT and Kokomo.

Re: OT/Why no celebration?
 

With OPEC voting today to cut their daily production by a million and a half barrels, look out.A$$holes.

Re: OT/Why no celebration?
 

I'm not saying that things won't change for either the better or the worse, but things are better for the moment. That is cause for celebration in my book.

In my opinion, I believe this has less to do with elections and more to do with a long upward cycle that was fueled mainly by over-leveraging that anything truely sinister(Other than unattended greed. It's hard to believe that Alan Greenspan didn't think that CEO'S with little regulation wouldn't be greedy) Once the cycle came to a head it reverted backwards like all boom time periods. Now we have to work through all of the deleveraging to cover margins and the like and we will be on a steady upward trend again within the next 2-4 years. It takes something like this period to make people focus on the problems.

Fuel will indeed go up, but hopefully the pipeline for new products for fuels will continue.

Re: OT/Why no celebration?
 

Keep driving 15 billion less miles per month than last year and they'll have to cut again. The price will stay down.

Re: OT/Why no celebration?
 

Gas prices always go down this time of year and during the winter months. No big deal.

Re: OT/Why no celebration?
 

The world needs to cut back! If you want to know the real truth about oil, or the lack of, I suggest reading up on "Peak Oil" and what some experts in oil predicted in the 1950's that is soon to come! You think $4 a gallon was high, wait till you can't even get it and these alternative fuels you're talking about won't come cheap either.

Re: OT/Why no celebration?
 

Yeah, but we are still being screwed on Diesel

Eric Cottongim

Re: OT/Why no celebration?
 

Smoke and Mirrors.

J.M.O.
Jerry