And there was much rejoicing in the land.... Gas Prices

[Sean88gt]

I think maybe oil sees 40s before it comes back.

So that means either $20/bbl or $400/bbl. All I know is that your predictions are dogshit.

[Broncojohnny]

Has anyone noticed that natural gas is -15% in the last two days?

[Trip McNeely]

Has anyone noticed that natural gas is -15% in the last two days?

Yeah its been a real mild winter so far. Hell it's barely snowed here this year and we already had a few feet by this time last year.

[lowthreeohz]

Yeah its been a real mild winter so far. Hell it's barely snowed here this year and we already had a few feet by this time last year.

Yeah, when i was paying north of 3.29/gal for propane, the company was knocking down my door doing refills every week or three. I haven't seen a truck come by at all this winter.

[slow99]

Economy Grows Most Since ’03 on U.S. Consumer-Spending Gains

The U.S. economy roared into overdrive in the third quarter as consumer and business spending fueled the biggest expansion in more than a decade.

Gross domestic product grew at a 5 percent annual rate from July through September, the biggest advance since the third quarter of 2003 and up from a previously estimated 3.9 percent, figures from the Commerce Department showed today in Washington. The median forecast of 75 economists surveyed by Bloomberg projected a 4.3 percent increase in GDP.

http://www.bloomberg.com/news/2014-12-23/economy-grows-by-most-in-a-decade-on-u-s-consumer-spending-gain.html

[46Tbird]

Economy Grows Most Since ’03 on U.S. Consumer-Spending Gains

The U.S. economy roared into overdrive in the third quarter as consumer and business spending fueled the biggest expansion in more than a decade.

Gross domestic product grew at a 5 percent annual rate from July through September, the biggest advance since the third quarter of 2003 and up from a previously estimated 3.9 percent, figures from the Commerce Department showed today in Washington. The median forecast of 75 economists surveyed by Bloomberg projected a 4.3 percent increase in GDP.

http://www.bloomberg.com/news/2014-1...ding-gain.html

Good job Obama!!!!

[KBScobravert]

Good job Obama!!!!

My thoughts exactly. I can hear the speech now "I did this....I approved that....this is a result of my pen.."

[Strychnine]

Has anyone noticed that natural gas is -15% in the last two days?

Speaking of NG, Chesapeake just had Kelly Clarkson perform at their Christmas party over the weekend. I wonder what WTI and NG prices were when they booked it compared to now lol

[GrayStangGT]

Speaking of NG, Chesapeake just had Kelly Clarkson perform at their Christmas party over the weekend. I wonder what WTI and NG prices were when they booked it compared to now lol

I saw on friends facebook where Anadarko had Maroon 5 at theirs

[cobrajet69]

Speaking of NG, Chesapeake just had Kelly Clarkson perform at their Christmas party over the weekend. I wonder what WTI and NG prices were when they booked it compared to now lol

I saw on friends facebook where Anadarko had Maroon 5 at theirs

We had an iPhone 3 and blue tooth speaker.



David

[8mpg]

Interesting read.... sums up the oil situation in a couple minute read

http://blog.nvestly.com/oil-crisis-explained-in-3-minutes/

Found this the most interesting:

By refusing to cut production, OPEC can now drive out excess competition in the market. This is then expected to reduce total production, at least temporarily, and allow prices to recover so OPEC can resume selling at a higher price. Clever, no?

This is the Walmart way

[Broncojohnny]

Speaking of NG, Chesapeake just had Kelly Clarkson perform at their Christmas party over the weekend. I wonder what WTI and NG prices were when they booked it compared to now lol

Frivolous things like that are a pretty good indicator that you are at the peak.

[Ruffdaddy]

Interesting read.... sums up the oil situation in a couple minute read

http://blog.nvestly.com/oil-crisis-explained-in-3-minutes/

Found this the most interesting:


This is the Walmart way

Yes they want capitalism to drive out competition, but a monopoly to drive up prices..

[Gasser64]

Did prices go back up yet? Haven't had to fill up in a few days. Been off work for the holidays.

[Broncojohnny]

Did prices go back up yet? Haven't had to fill up in a few days. Been off work for the holidays.

No but the stock market acts like everything is fine.