$5 Gas in 2012?

[Thizzelle]

what are you guys talking about? It's a bussiness. We (US GOV) need to drill oil and sell it cheap so then the other guys have to come down in price to match, yay we are all happy now.

[nando]

But it was Bush's fault.
It all makes sense now.

you said it, not me.

since you have no real response to anything I wrote, I guess I'm done. ;)

[rwh11385]

Stick with the semantics kid, it's all you got.

I forgot, you think facts are overrated.

[joshh]

Is January 5th, 2009 not near the beginning of 2009 and in the year 2009???

If 29th of December 2008 is 1.61 and the 5th of January is 1.68, is the start of 2009 likely between 1.61 and 1.68, or is it 1.84???

Even more shocked that you know that 2012-2009 = 3 now if this is too tough for you. Why are you mad at me for your lack of understanding?

Stick with the semantics kid, it's all you got.

[rwh11385]

I did say 2009 did I not.

http://news.consumerreports.org/cars/2009/01/average-gas-pricesjanuary-26-2009.html

Eat shit.

Is January 5th, 2009 not near the beginning of 2009 and in the year 2009???

If 29th of December 2008 is 1.61 and the 5th of January is 1.68, is the start of 2009 likely between 1.61 and 1.68, or is it 1.84???

Even more shocked that you know that 2012-2009 = 3 now if this is too tough for you. Why are you mad at me for your lack of understanding?

[joshh]

The dumb, uneducated, close-minded, and biased make poor discussion participants.

Yet you just shoved your foot in your mouth.

[rwh11385]

So now your claiming oil prices trend with the rest of the US economy?

Did you not take Econ 101, like ever?

uhm. yes? isn't that obvious?

the economy overheated. oil prices spiked. the economy tanked. oil prices plummeted. the economy started to gain steam. oil prices rose again. the economy's growth is slowing - oil prices are flat.

It's really not even worth discussing it with you..

The dumb, uneducated, close-minded, and biased make poor discussion participants.

[joshh]

http://news.consumerreports.org/cars...-prices-4.html

http://news.consumerreports.org/cars/2009/01/gas-prices.html

Last data of 2008 = 1.61
First data of 2009 = 1.68


Is the concept of Google.com beyond your intelligence?

I did say 2009 did I not.

http://news.consumerreports.org/cars/2009/01/average-gas-pricesjanuary-26-2009.html

Eat shit.

more advanced debate tactics form the master

He's so smart he searched the period of time I was referring to.

[joshh]

You're right, I'm completely ignorant on oil. I only work in the industry. :p

Also, Japan definitely didn't have their biggest disaster in history, that led them to shut down all nuclear power plants and burn oil for electricity instead. and there weren't riots/government collapses in the east where the majority of the world's oil is produced. Iran didn't make threats towards western nations that led to them being shut out of markets. BP didn't have the biggest oil spill in history, that shut down well production and exploration in the gulf for ages. China didn't engage in a huge QE program to keep their economy afloat, and neither did the USA, Canada, the Brits, or the ECB.

There are definitely no macro effects that could cause oil prices to rise, other than the fact that Obama happened to be president when 8 years of a disasterous GWB government finally unwraveled.

But it was Bush's fault.
It all makes sense now.

[gwb72tii]

Is the concept of Google.com beyond your intelligence?

more advanced debate tactics form the master

[rwh11385]

Quoted for when the price goes back down as it did at the beginning of 2009.

You can hope all you want for $1.60 gas again... but at the end of the day you'll still be blaming someone else for your problems instead of doing something proactive about it.

The answer is $1.84. Mr. Sleeve is correct. Keep those blinders on buddy.

http://news.consumerreports.org/cars/2008/12/gas-prices-4.html

http://news.consumerreports.org/cars/2009/01/gas-prices.html

Last data of 2008 = 1.61
First data of 2009 = 1.68


Is the concept of Google.com beyond your intelligence?

[nando]

You're right, I'm completely ignorant on oil. I only work in the industry. :p

Also, Japan definitely didn't have their biggest disaster in history, that led them to shut down all nuclear power plants and burn oil for electricity instead. and there weren't riots/government collapses in the east where the majority of the world's oil is produced. Iran didn't make threats towards western nations that led to them being shut out of markets. BP didn't have the biggest oil spill in history, that shut down well production and exploration in the gulf for ages. China didn't engage in a huge QE program to keep their economy afloat, and neither did the USA, Canada, the Brits, or the ECB.

There are definitely no macro effects that could cause oil prices to rise, other than the fact that Obama happened to be president when 8 years of a disasterous GWB government finally unwraveled.

[joshh]

actually what i believe josh is saying is the economy has been growing so slowly it shouldn't have put pressure on oil to rise in and of itself, and the fact gasoline usage is declining in the USA and that we are importing less oil might lead one to think something other than demand/supply is affecting oil prices

Thank you but he knows exactly what I'm talking about.

[gwb72tii]

actually what i believe josh is saying is the economy has been growing so slowly it shouldn't have put pressure on oil to rise in and of itself, and the fact gasoline usage is declining in the USA and that we are importing less oil might lead one to think something other than demand/supply is affecting oil prices

[nando]

the economy has been growing (slowly) for 2 years, but there's no way to convince somebody of that when facts have no meaning to them.