RayM
Just Another Club Racer
Joined: 25 Nov 2006
Posts: 1456
Location: Upsidedown on the track
|
 Posted: Wed Jul 23, 2008 8:40 am Post subject: Fuel pricing are dropping |
 |
|
$3.64 a gallon for reg. gas.... I hope it continues
| Quote: | | Crack down on speculation: Legislation meant to crack down on oil speculators passed a key test vote in the Senate on Tuesday. The vote on the legislation, which was backed by the Democratic leadership, was 94-0. The support of 60 senators was needed for debate on the bill to proceed, but it was unclear when a final vote on the legislation would occur. |
http://money.cnn.com/2008/07/23/news/economy/oil/index.htm?postversion=2008072310
and this
| Quote: |
Oil sinks on stronger-than-expected supply
Inventory report shows above-estimate stockpiles of crude oil and gasoline.
NEW YORK (CNNMoney.com) -- Oil prices extended their decline Wednesday after a government report said supplies of crude fell less than expected, and gasoline and distillate supplies rose more than forecast.
U.S. light crude for September delivery fell $2.53 to $125.89 a barrel. Oil had traded down $1.95 to $126.47 just prior to the report's release.
In its weekly inventory report, the U.S. Energy Information Administration, a government agency that measures oil and gas supplies, said crude stocks fell by 1.6 million barrels last week. Analysts were looking for a drop of 1.9 million barrels, according to a consensus estimate of oil analysts compiled by Platts.
Distillates, used to make heating oil and diesel fuel, rose by 2.4 million barrels while gasoline supplies rose by 2.9 million barrels. Analysts were looking for a 2.2 million barrel rise in distillates supplies and a 500,000 barrel rise in gasoline stockpiles. |
http://money.cnn.com/2008/07/23/news/economy/oil/index.htm?postversion=2008072310
_________________
.
Tight is when the front end of my car hits the wall first and loose is when the back end hits first."
and scrape marks on the top of the helmet is a wheels up condition. |
|
FAQ
Usergroups
Search
Memberlist
