Oil price spikes above US$102 a barrel on weakening U.S. dollar

from: The Canadian Press - Wed Feb 27, 8:52 AM

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  • yadahman

    yadahman

    POSTED THU, SEP 04, 2008 04:28 PM -0400

    Come people the summer is over and they can stop stealling your hard earned money. You will see a rise on the next long weekend. Bet your bottom dollar that they will be stealing from you shortly when furnace oil comes into play

  • ken s

    ken s

    POSTED THU, SEP 04, 2008 09:04 AM -0400

    Vote Repuplicans for higher gas prices!!! This drop in price is just to make the peon worker ants feel good going into the election. We must move all the wealth of America to the middle east where allah is.

  • bassface

    bassface

    POSTED WED, SEP 03, 2008 11:21 AM -0400

    By now, we know the scam. A skunk gets run over on the highway, and the price of gas goes up. Oil drops to a record low for the past 4 months, and we continue to get robbed at the pump. And what do we do? Fill 'er up!!!!

  • John

    John

    POSTED WED, SEP 03, 2008 09:17 AM -0400

    The price of gasoline where I live ( Southern California ) has dropped 90 cents /gal ( 24 cents /ltr ) in the past several weeks. This is for my local Shell stations. The others have dropped the same though pump prices vary according to the station. Our price is less than a dollar /ltr and we have the highest priced gasoline in the country.

  • Wes

    Wes

    POSTED TUE, SEP 02, 2008 12:58 PM -0400

    I hope nobody who depends on oil to put food on the table is crying ,oil is $100 a barrel and it still will make billions for Oil Kings , this price should be here 2 years ago but that is okay it is here now . Now I want to see buck for litre of gas

  • robbi_bitner

    robbi_bitner

    POSTED TUE, SEP 02, 2008 12:46 PM -0400

    I'm willing to bet that, despite the price drop of nearly $10/barrel, consumers will only see a difference of a few cents at the pumps.

  • deadman

    deadman

    POSTED TUE, SEP 02, 2008 12:41 PM -0400

    How does this even make sense? It tells a person alot about who is behind the oil price surges - brokers and OPEC (not supply and demand). The price dropped because the hurricane didn't do as much damage as it should have? What, this is total speculation and gambling. Shouldn't the prices be dependent on the actual shut-downs? The 50% of US refinery capacity this storm was to have an effect superceded the GLOBAL economic slowdown? What a bunch of crap! The brokers are just trying to make more $

  • dommy

    dommy

    POSTED TUE, SEP 02, 2008 12:27 PM -0400

    It disgusts me that when there's a sniff of "crisis", the price at the pump jumps within an hour (and all pumps jump to the exact same price - funny how that happens). Price per barrel falls a couple days later - price at the pump does not. We're still sitting at 1.38/L ... and I bet my first born that we will continue to sit at that price for a while. Oil companies are crooks and oil analyst are politicians trying to convince the common person that we "just don't understand". Bologna.

  • fordshipper

    fordshipper

    POSTED TUE, SEP 02, 2008 12:23 PM -0400

    Maybe the oil companies can assess there damages after the storm.Should you guys have to spend any money maybe u could take it out of your new world record quarterly profits you got last month instead of asking us the poor north american driver to help again.We really can't take much more.....eh!

  • buzz_lightyear

    buzz_lightyear

    POSTED THU, AUG 28, 2008 08:42 PM -0400

    chainee, bush and mac cane like tropical storms...but mainly wars

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