Oil tumbles below $130; natural gas falls sharply

The U-S-E- wrote:

It was under bush's watch we got attacked in the first place. You are one of the mentally disadvantaged not Brad. You brainwashed Cheese head.

no attacks on american soil since 9/11.

not bad

Well, the price of oil went down. Harahhh harahhh! But the cost of a gallon barely moved... We got a ways to go yet.

Packer Backer wrote:

Brad's comment is proof that we need to expand treatment for the mentally disadvantaged. Notice, Brad, how the price of oil dropped once President Bush supported offshore drilling? Drill here, drill now, reduce prices! And, Brad, notice that the US hasn't been attacked by terrorists since 9-11? Thank you George W. Bush! And, Brad, notice how in the two years since the Democrats took Congress and Pelosi was going to accomplish a lot in the first 100 days, including cutting gas prices, nothing has happened that has been positive? So, Brad, get a life. Take a vacation. Get a relaxing massage. Read a good novel. And please try to get back to reality. It'll be good for you.

AHH It is amazing how many of you see life thru tainted eyes, you obviously how not a clue and have been blinded these past eight years of hell. We have not been attacked since 9/11 because George Bush was 9/11. You can live in your fantasy world, us realist will live in reality. Don't worry the pain will be over soon just 7 more months, and then a real man will lead this country and it aint gramps.

BRAD wrote:

<quoted text>
AHH It is amazing how many of you see life thru tainted eyes, you obviously how not a clue and have been blinded these past eight years of hell. We have not been attacked since 9/11 because George Bush was 9/11. You can live in your fantasy world, us realist will live in reality. Don't worry the pain will be over soon just 7 more months, and then a real man will lead this country and it aint gramps.

Gee Brad, I wonder what that real man is going to do about the price of oil? Can you tell us how raising taxes and doing 'research' will increase the supply of petroleum?
Obama is all about change. Yet he and his party keeps recycling some very tired, frightening ideas that originate from the very bowels of the old Leninist/Stalinist left. Notice how he's no longer mentioning his association with Ayers, not that he's disavowed him.

I thought the speculators were keeping the price of oil high. What happened?

BRAD - It must be awful to wake up so angry everyday. I actually feel sorry for you if you truly believe the things you are writing.

No attacks on american soil since 9/11.

not bad!

Obammy will "change" that

"So is it possible the oil price hike was another bubble, like the housing market and the dot-coms?"

Well... do you burn up a new house within a week of buying it requiring a new one be built from limited resources?? No? Huh.

Packer Backer wrote:

And, Brad, notice that the US hasn't been attacked by terrorists since 9-11? Thank you George W. Bush!

It was eight years between the 1993 and 2001 attacks on the World Trade Center. It's been seven years since 9/11. Is it possible we've had no attacks since 9/11 simply because another one hasn't succeeded yet (the operative word being 'yet')? If not, perhaps Bill Clinton should also be thanked for that eight-year attack-free interval in the 90s.

rational wrote:

"So is it possible the oil price hike was another bubble, like the housing market and the dot-coms?"
Well... do you burn up a new house within a week of buying it requiring a new one be built from limited resources?? No? Huh.

I'm not disagreeing with the idea that oil supplies are limited and hence are going to become more costly. However, I guess I'm not convinced the recent oil price runup was based on rational analysis of supply and demand. Methinks it had more to do with speculators seeking to make a pile of money off the situation, who created a frenzy which took on a life of its own.(Sort of like the dot-com and housing manias of recent years.)

Oil gets a better return in the up and coming industrialized nations. Corporate overseas production facilities also require ever increasing energy needs to produce, maytag, Ford and boatloads of chintz which cannot be produced here. Since they have removed all protectionism, unions and independence from US workers, and gave them pointy fingers and lemons to suck. The primary mover of consumption has been politically engineered and shifted soley to or primarily the female consumer. We should expect to be in for an extremely bumpy ride on the way down to reality, and possibly quite a vocal one. Yet just as windy as the forum.

The public policy of gasoline is to cause a slowdown of consumption here to compensate for the difference. For the free marketers it works, and that is not you or I, Mr and Mrs Consumer. We were the model society for the future, and our lenders are quietly asking for their money back or a refund. We are reduced to being on our own, because the governement and all it's employees get first dibs on everything, we just get the PR treatment. Problem is when that ponzi scheme stops, who is left to take care of business. Do remember the politicians signed up for the debts on our behalf, they represented us. Not the other way around like consumers think, so whose as@ do you think will get fried.

Ell wrote:

<quoted text>
It was eight years between the 1993 and 2001 attacks on the World Trade Center. It's been seven years since 9/11. Is it possible we've had no attacks since 9/11 simply because another one hasn't succeeded yet (the operative word being 'yet')? If not, perhaps Bill Clinton should also be thanked for that eight-year attack-free interval in the 90s.

we can thank Bill for ignoring all the attacks and giving Monica the cigar instead.

yes indeed