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Are you kidding me? OPEC....

phatty

Well-known member
Premium Member
http://www.foxnews.com/story/0,2933,442343,00.html

Just one more reason to drill our own oil while we search for ways to get off the oil addiction...

Funny how slow gas prices have fallen compared to oil prices. Were lucky to see 1-2 cent drops a week. It is not the same when they go up, the raise them overnight by 7-10 cents..
 
Sad part is that they don't realize that they are killing the golden goose buy trying to drive the price back up. When the price was so high his summer and the econ. was dropping even some of the libs were opening up to the idea that we need to develop our oil and push for refineries.
Be glad you are in UT . our price here is still way high compared to the national av. Just saw it dropped all the way to ........................................................................3.14 for regular here. wow
 
Well said Bubba... They're pricing themselves right out of the market!


Finally approaching $3.00 per gallon around here, but not quite yet. Still outrageous from what it was only a few years ago... I see new fuel sources becoming major players in the next 5 years.
 
Which part of this DON'T you guys get?????? POLITICS AND GREED!!!!!!!!!!! We have no say....

Greed has already shot OPEC in the foot. America has already put alternative sources of fuel into high gear and this time the lowering of oil prices will not stop the movement. Each of us cutting back on consumption a little has reduced demand a lot, and the demand going down has scared spectators out of the market. OPEC can cut production, but they have to sell a certain amount of oil to keep their way of life going. We have only begun to see the decline in oil demand. They’re running scared. It took a while but the old economic rule of supply and demand finally caught up to them. The demand will never return to a level they need to maintain regardless how much they cut production. China has watched what we have been going through over the last year, and they will not get caught in the same situation. Their consumption will also drop dramatically.

Keep your diesel trucked parked until you really need to use it. Were in control now not OPEC.
 
$ 2.85 a gallon in Mt. Vernon, WA at Big Rock Store. At least it's still headed down. I'll take what I can get at this point.
 
Wow Bubba...big difference between Southern Idaho and Northern Idaho. We are at $2.65 up here.

F U Opec. What would big oil companies do if they couldn't profit $10 billion dollars a quarter?
 
I'm curious why you'd think this about China?
Believe it or not they are also slowing, and their markets prove it. We are not the only one's with a hurting economy.

Agreed, FU OPEC. Worst part is on our town two families own 90% ofthe gas stations, and if anyone challenges their prices, they put them out of business. We pay 30 cents more a gallon than Fargo ALL the time. Refinery is 5 miles from town, 200 miles from Fargo, you tell me why they get it cheaper.

Oh, and 2.69 here...
 
The entire reason OPEC exists is because of the stupidity of the American public and 1/2 of Washington's ambitions to capitalize on this fact.

:)
 
$2.91 a gallon to $3.19 for regular here in Summit County, Colorado down from $4.17 a gallon in July.Prices sure jumped real fast this spring(10-15 cents a day)but are dropping real slow:(,explain that one to me:confused:......I know the answer GREEDY OIL DISTRIBUTORS AND LOCAL RETAILERS!
 
Funny that you can form OPEC that causes economies to crash, and old people to die of cold. But, you can't form FOOD-PEC, cause that's immortal.
 
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