Topic: Oil slips below 60 a barrel  (Read 788 times)

0 Members and 2 Guests are viewing this topic.

Offline Jack Morris

  • Captain
  • *
  • Posts: 9879
  • Gender: Male
Oil slips below 60 a barrel
« on: November 02, 2005, 08:03:35 pm »
http://biz.yahoo.com/ap/051102/oil_prices.html?.v=15

Before the party starts, let's not forget that winter is coming. We shall see how this pans out, and if the refiners were truly screwing us over for a few weeks.

Offline Dracho

  • Global Moderator
  • Rear Admiral
  • *
  • Posts: 18289
  • Gender: Male
Re: Oil slips below 60 a barrel
« Reply #1 on: November 02, 2005, 09:28:53 pm »
The price of gas is dropping so that we can afford heating oil and natural gas hikes that are coming.
The worst enemy of a good plan is the dream of a perfect plan.  - Karl von Clausewitz

Offline Jack Morris

  • Captain
  • *
  • Posts: 9879
  • Gender: Male
Re: Oil slips below 60 a barrel
« Reply #2 on: November 03, 2005, 10:45:28 am »
You are probably right on the money, as even the CEO of Valero was bragging about next QTR's profits.  >:(