Quote Originally Posted by kydonky View Post
I guess it depends on the propaganda you read. The big oil website shows on thing and another website shows another.

Here are statisticcs from the US Energy Information Website. The following was copied and pasted.

Price of oil for the week of 12/10 to 12/14 2007
2007 Dec-10 to Dec-14 87.72 90.12 94.41 92.35 91.31

Price of gasoline for the week of 12/10 to 12/14/2007

2007 Dec-10 to Dec-14 2.175 2.194 2.313 2.291 2.263

So on 12/14/2007 oil was $91.31 and gas was $2.26

Today oil is around $91.00 yet gas is still ups around $3.50

So maybe my statement of $1.75 less was a little off, maybe more like $1.25

BUT STILL MORE THAN A NICKLE

Here is the link http://www.eia.gov/dnav/pet/pet_pri_spt_s1_d.htm

No reason to be rude with body parts.
Not really..........

You said the LAST time...........

2007 was not the last time. 2010 was. But I AGREE with you on the fact that we are paying way too much for it and the speculators are still ripping off the american people.

People.......common folks as well as LOTS of other folks are getting really good and playing the futures market. I got a buddy that made 50k last month betting on the futures game. AND he made that 50k on a 100k investment.

If you're willing to make the gamble, and you KNOW how to use some very simple tools, you can make a boatload of money.

MORE and MORE folks are trying their hand at commodity trading. Those that are good are really beginning to understand how to manage and manipulate the market to their advantage.

It is not just the big boys that play the game.

Later,

Geo