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PETROL ,AT A THREE YEAR LOW....

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  #11  
Old 12-02-2008, 05:43 AM
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Default RE: PETROL ,AT A THREE YEAR LOW....

$1.51 here in shreveport, la. In july it was $4.17 went from spending $120 to fill up to around $35 now. Wont last too long though OPEC is having a meeting december 13th to counter the drop in crude prices. Talks of stopping the shipment of 3 million barrels per day were discussed in their meeting either last month or the month before.

Supposedly they need crude to be at $55 barrel to break even and want it at $75 - $95.
 
  #12  
Old 12-02-2008, 06:59 AM
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Default RE: PETROL ,AT A THREE YEAR LOW....

$1.69 for regular
 
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Old 12-02-2008, 07:35 AM
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Default RE: PETROL ,AT A THREE YEAR LOW....

I hate to ruin the party...but it wont last gang. When it comes back it will be higher than ever before.....we cant get complacent again. Its always higher here in the inter mountain west.... $1.89
 
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Old 12-02-2008, 07:43 AM
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Default RE: PETROL ,AT A THREE YEAR LOW....

ORIGINAL: bigboi18184

$1.51 here in shreveport, la. In july it was $4.17 went from spending $120 to fill up to around $35 now. Wont last too long though OPEC is having a meeting december 13th to counter the drop in crude prices. Talks of stopping the shipment of 3 million barrels per day were discussed in their meeting either last month or the month before.

Supposedly they need crude to be at $55 barrel to break even and want it at $75 - $95.
Didn't see em crying when it was in the $150 range.
 
  #15  
Old 12-02-2008, 07:47 AM
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Default RE: PETROL ,AT A THREE YEAR LOW....

am i the only one still over $2....it was $2.09 (87) last night
 
  #16  
Old 12-02-2008, 08:35 PM
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Default RE: PETROL ,AT A THREE YEAR LOW....

I'm getting RM1.90 per liter here in Malaysia and that is around USD 0.52 per liter. It's unleaded RON97.
 
  #17  
Old 12-02-2008, 08:46 PM
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Default RE: PETROL ,AT A THREE YEAR LOW....

$1.66 US 87 is the lowest I've seen it so far
 
  #18  
Old 12-02-2008, 09:16 PM
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Default RE: PETROL ,AT A THREE YEAR LOW....

1.49 at Sheetz
 
  #19  
Old 12-02-2008, 10:33 PM
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Default RE: PETROL ,AT A THREE YEAR LOW....

US is in a recession, as well as a lot of other economies, which means less money for gas, there for price drops since they know we don't have as much money for them to rob from us.
 
  #20  
Old 12-02-2008, 11:35 PM
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Default RE: PETROL ,AT A THREE YEAR LOW....

The fact I read said that the actual crude oil price should be only around USD50; with profits to all the concerned. Anything more than that is a daylight robbery.
 


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