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People, the Energy Markets are NOT going wild.

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Tandalayo_Scheisskopf Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-31-08 08:43 PM
Original message
People, the Energy Markets are NOT going wild.
CLV08.NYM Crude Oil Oct 08 117.05 8:37pm ET Up 1.59 (1.38%)
HOV08.NYM Heating Oil Oct 08 3.2525 8:29pm ET Up 0.0606 (1.90%)
NGV08.NYM Natural Gas Oct 08 7.786 8:36pm ET Down 0.157 (1.98%)
PNV08.NYM Propane Gas Oct 08 1.74 Aug 29 0.00 (0.00%)
RBV08.NYM RBOB Gasoline Oct 08 2.926 8:24pm ET Up 0.0718 (2.52%)

If prices at your pump are going upupup, someone is playing you. The market is not going crazy because on-shore supplies are good and Gustave is not turning into the "cleaner" storm that was feared.

If you feel that you are being gouged at the pump, your state's department of consumer affairs should hear about your concerns.
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SammyWinstonJack Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-31-08 09:00 PM
Response to Original message
1. It was a given that we would be played with re: to Hurricane Gustav. Who didn't know that?
:shrug: Any reason for Big Oil to gouge us and this was too easy. We are preprogrammed for it.
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SpiralHawk Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-31-08 09:02 PM
Response to Original message
2. "Sneer." - VP Dickie 'Five-Military-Deferments, Secret-Energy-Meeting' Cheney
Edited on Sun Aug-31-08 09:04 PM by SpiralHawk
& republicon oil cronies.

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boomerbust Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-31-08 10:06 PM
Response to Reply #2
5. Spiralhawk
Great pic. I really needed a good laugh.
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sarcasmo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-31-08 09:54 PM
Response to Original message
3. The market doesn't have to go wild for the price at the pump to rise.
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Tandalayo_Scheisskopf Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-31-08 10:00 PM
Response to Reply #3
4. Which is why they call it...
Gouging.
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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-31-08 10:39 PM
Response to Original message
6. CNN has their business eunuch holed up off shore in La
Ali Velshi is going to report FROM the oil port area down there

He reported that the market open early at 2:30 instead of 6:00 so your information is a surprise. or the business eunuch was just trying to ease the pain we are about to see.
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