Oil falls as Citi woes revive credit concerns

from: Reuters - Mon Nov 5, 11:38 AM

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  • Mansfield

    Mansfield

    POSTED THU, JUL 03, 2008 12:10 PM -0400

    Tesla the electric car that goes 0 to 60 mph in 4 sec. top speed 130 mph. It will cost you 60 to 70 thousand dollers for now. Less when the demand for them is higher. Not allowed in Canada..!!! Who made that rule ?

  • acony44

    acony44

    POSTED THU, JUL 03, 2008 11:53 AM -0400

    These anal-lysts need to stop making these predictions. its more like incentive to buyers saying hey buy more so we can drive the price higher and higher!! How about some predictions that the oil industry crumbles so they start selling back everything they bought! maybe the prices would drop then to something the world could afford!!!

  • SLEEPY

    SLEEPY

    POSTED THU, JUL 03, 2008 11:50 AM -0400

    I worked in an oil refinery for many years. One of my jobs was to make sure the level measuring instruments were working and accurate. It didn't take long for me to notice that when the fuel storage tanks were low that the price of fuel was high. When the tanks were high or near full the price of fuel would drop. World demand is no different.Demand is high so the price is high. use less pay less

  • gene h

    gene h

    POSTED THU, JUL 03, 2008 10:58 AM -0400

    oh good i always liked getting shafted by pigs.

  • Hogan

    Hogan

    POSTED THU, JUL 03, 2008 10:57 AM -0400

    I'm still filling my gas tank. Seems like most people are doing the same so I don't expect the price to do anything but rise for a while yet.

  • rob n

    rob n

    POSTED THU, JUL 03, 2008 10:55 AM -0400

    ita always the same... i heard they find oil in manitoba? can anyone confirm this? oil will drop near summer's end.. its the companies gouging the clients and all it takes is analyst to predict gloom with no foundations to back up. i think these analysts get a grant for stating gloom all the time. the only reason oil is up is beacuse the world is starting to turn to other energy alternatives so the oil companies will take what they can.

  • fuelboycotting

    fuelboycotting

    POSTED THU, JUL 03, 2008 10:27 AM -0400

    Hi Folks. Power comes in numbers and we can stop this but if everyone sits back and doesn't unite as one we don't have a chance. Below is a letter and gives out the information to our group. Copy and paste it and pass it along to everyone you know. Make sure you join. Friend's I have decided to open a Yahoo Group to unite all fuel boycotting groups into one. The purpose is for everyone in North America to follow one boycott. All members will be notified of current boycotts and news. If you go to the link below, you will see who we are currently boycotting and can keep you up to date by joining the group and of course at no charge. I am currently in touch with other boycott groups and many of them are joining the cause by subscribing to the group. If you are a company and have any relation to the boycott, we can add your link to the site. Power comes in numbers and that we can do. Pass this email around to as many people you know and encourage them to join. The revolution starts here and it begins with you. Best Regards, Jake Link: http://finance.groups.yahoo.com/group/FuelBoycotting Subscribe: FuelBoycotting-subscribe@yahoogroups.com Questions: fuelboycotting@yahoo.com

  • Monty

    Monty

    POSTED THU, JUL 03, 2008 10:23 AM -0400

    I said before, this is basic economics, oil is being invested in to make a profit because as already pointed out, analysts who know nothing can't keep their gob shut. As with any investment - there is a return, you buy shares, they go up, you cash them in, when the fear factor sets in that oil will drop - which it will do, investors will want their return and sell!. Simple. Everyone agrees there is no supply demand issue, a change the political climate in the US wiill bring oil down.

  • towerosong

    towerosong

    POSTED THU, JUL 03, 2008 10:15 AM -0400

    the price is being manipulated out of this world- cause no-body is prepared to stop it- and why should they- the 'cuts' are enormous- I really don't believe the price of oil can be reasonably supported- they do it to us cause the can-

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