Not Logged In Log In   Sign Up   Points Leaders
Follow Us    8:18 AM

GasBuddy News Article

Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Crude Oil May Decline on Ample Inventories, Survey Shows Post a Reply Back to Topics
REPLIES (newest first)
Profile Pic
t_flor
Champion Author Illinois

Posts:2,195
Points:720,890
Joined:Jul 2008
Message Posted: Mar 12, 2010 8:57:45 AM

No it won't! It will rise...just because!
Profile Pic
milespergallon
Champion Author Illinois

Posts:7,493
Points:1,479,290
Joined:Feb 2007
Message Posted: Mar 12, 2010 8:43:56 AM

This sounds much much better than the story above it!
But, we still need the
Alternative
Fuel
Vehicles!
Profile Pic
saveongasNC
Champion Author North Carolina

Posts:4,407
Points:1,094,015
Joined:Aug 2008
Message Posted: Mar 12, 2010 8:39:22 AM

Buy less pay less!!!
Profile Pic
Wizrd03
Champion Author Illinois

Posts:5,776
Points:1,166,185
Joined:Oct 2008
Message Posted: Mar 12, 2010 8:39:16 AM

One post says oil is going up, another says it's going down.

The only thing for certain is that gas is up over 40 cents a gallon recently.
Profile Pic
SmokeFan14
All-Star Author St. Louis

Posts:886
Points:709,500
Joined:Oct 2008
Message Posted: Mar 12, 2010 8:32:17 AM

Three articles currently posted here, all with different opinions on what oil prices are doing???
Profile Pic
72_Monte
Champion Author Twin Cities

Posts:5,428
Points:1,531,205
Joined:Aug 2005
Message Posted: Mar 12, 2010 8:27:29 AM

Oh, but they doth tease.
Profile Pic
goalie1950
Champion Author Phoenix

Posts:4,044
Points:829,270
Joined:Oct 2009
Message Posted: Mar 12, 2010 8:27:13 AM

Don't count on much of a decline for any length of time.
Profile Pic
52MPG
Champion Author Dayton

Posts:4,909
Points:1,277,505
Joined:Apr 2006
Message Posted: Mar 12, 2010 8:26:55 AM

The question of oil prices is up in the air. Only time will let us know.
Profile Pic
MikLamb
Champion Author Texas

Posts:5,638
Points:1,711,045
Joined:Jun 2006
Message Posted: Mar 12, 2010 8:26:20 AM

This is laughable. "Oil may go up," "oil may go down." Let's face it: no one really knows whats going to happen.
Profile Pic
my2002m
Champion Author Tulsa

Posts:3,779
Points:1,204,745
Joined:Jul 2008
Message Posted: Mar 12, 2010 8:26:08 AM

Only if the speculators get out of the market, which isn't likely.
Profile Pic
The_Gunslinger
Champion Author Arkansas

Posts:1,897
Points:384,340
Joined:Oct 2008
Message Posted: Mar 12, 2010 8:23:52 AM

Previous article said that it would rise.
Profile Pic
sivart
Champion Author Arkansas

Posts:15,131
Points:2,611,780
Joined:May 2004
Message Posted: Mar 12, 2010 8:22:48 AM

The other two articles said it would rise! Who's right?
Profile Pic
Yonkers111
Champion Author Scranton

Posts:7,437
Points:720,240
Joined:Apr 2007
Message Posted: Mar 12, 2010 8:19:58 AM

I does go up and down.
Profile Pic
truckguy115
Champion Author Orange County

Posts:1,302
Points:185,795
Joined:Apr 2008
Message Posted: Mar 12, 2010 8:19:00 AM

i doubt it will go down.
Profile Pic
pulpwood
Champion Author Mississippi

Posts:5,631
Points:1,498,750
Joined:Sep 2006
Message Posted: Mar 12, 2010 8:18:40 AM

They have no idea!
Profile Pic
Italianman
Champion Author Twin Cities

Posts:1,732
Points:774,945
Joined:Feb 2008
Message Posted: Mar 12, 2010 8:17:59 AM

Wait and see.
Profile Pic
hauler43
Champion Author Oakland

Posts:7,138
Points:2,354,045
Joined:Sep 2003
Message Posted: Mar 12, 2010 8:17:54 AM

Do these so called experts really which way oil prices are going or is it just a lucky guess?
Profile Pic
Tutootin
Champion Author Toronto

Posts:7,756
Points:2,611,405
Joined:Jun 2004
Message Posted: Mar 12, 2010 8:17:30 AM

Why did God invent oil analysts? To make weathermen look good.
Profile Pic
captngasTN
Champion Author Tennessee

Posts:2,519
Points:899,850
Joined:Jun 2009
Message Posted: Mar 12, 2010 8:13:22 AM

May fall? Should fall, keep conserving.
Profile Pic
vizilo
Champion Author British Columbia

Posts:4,458
Points:2,336,870
Joined:May 2004
Message Posted: Mar 12, 2010 8:12:15 AM

Up and down
Profile Pic
RichardoB
Champion Author Fayetteville

Posts:5,625
Points:1,536,285
Joined:Jun 2007
Message Posted: Mar 12, 2010 8:08:54 AM

This is a good example of why I pay little attention to Bloomberg. The previous article, from Bloomberg, said oil would close higher.
Profile Pic
redhornet
Champion Author Minnesota

Posts:1,078
Points:516,300
Joined:Dec 2009
Message Posted: Mar 12, 2010 8:08:47 AM

It will until the next rally.
Profile Pic
maske_2222
Champion Author Manitoba

Posts:5,694
Points:1,155,590
Joined:Oct 2008
Message Posted: Mar 12, 2010 8:06:35 AM

I like the "may" part of it....Why do you even border
Profile Pic
Goatroper
Champion Author Dallas

Posts:4,673
Points:911,470
Joined:Apr 2004
Message Posted: Mar 12, 2010 8:03:27 AM

So the previous article said it would increase and this one says it will decrease and both from Gloomberg. What BS
Profile Pic
DRHCNY
Champion Author New York

Posts:1,858
Points:552,990
Joined:Oct 2007
Message Posted: Mar 12, 2010 8:02:57 AM

They will hide the invenories to keep the price up.
Profile Pic
albert2008
Champion Author Winnipeg

Posts:5,000
Points:1,018,135
Joined:Sep 2008
Message Posted: Mar 12, 2010 8:00:42 AM

sounds good to me
Profile Pic
granma3xnow
Champion Author Indiana

Posts:1,998
Points:410,675
Joined:Dec 2008
Message Posted: Mar 12, 2010 8:00:24 AM

OK, but will this info cause the .20 increase per gallon to be rolled back? I don't think so!
Profile Pic
ljmatney
Champion Author Wichita

Posts:4,024
Points:565,120
Joined:Jul 2008
Message Posted: Mar 12, 2010 8:00:05 AM

Don't think anyone knows. One article says it is going up and the other says it is going down. ???
Profile Pic
gagal31525
Veteran Author Georgia

Posts:423
Points:377,120
Joined:Feb 2008
Message Posted: Mar 12, 2010 7:58:46 AM

And the price goes up.
Profile Pic
amanco
Sophomore Author Ohio

Posts:179
Points:670,970
Joined:May 2006
Message Posted: Mar 12, 2010 7:58:20 AM

Ample Inventories?!? Sounds like a GREAT reason to raise prices!
Profile Pic
trallig
Champion Author South Carolina

Posts:2,654
Points:536,470
Joined:Mar 2003
Message Posted: Mar 12, 2010 7:55:58 AM

Forecasters are obviously overpaid. So much for "pay for performance".
Profile Pic
mmproteus
Veteran Author Ohio

Posts:378
Points:663,810
Joined:Apr 2008
Message Posted: Mar 12, 2010 7:55:24 AM

Did everybody read the article? Did you catch the part about: "Crude oil may fall next week on... speculation that demand will decrease next month"

Did you get that? Speculators lowering prices. Will Congress call the investment bankers in to thank them for lowering the nation's energy bills? DIdn't think so.
Profile Pic
30mpg80
Champion Author Lexington

Posts:4,486
Points:1,021,970
Joined:Nov 2008
Message Posted: Mar 12, 2010 7:54:39 AM

'The oil survey has correctly predicted the direction of futures 48 percent of the time since its start in April 2004.'

Bet all your money
Profile Pic
Chummy37
Champion Author Calgary

Posts:1,566
Points:783,620
Joined:Jan 2008
Message Posted: Mar 12, 2010 7:54:26 AM

Changes hourly.
Profile Pic
indyjim
Champion Author Indianapolis

Posts:7,396
Points:1,854,620
Joined:Jul 2006
Message Posted: Mar 12, 2010 7:53:55 AM

The speculators will find a way to increase oil prices.
Profile Pic
mrsports007
Champion Author Raleigh

Posts:7,017
Points:1,159,660
Joined:Jun 2008
Message Posted: Mar 12, 2010 7:53:03 AM

havent seen a decline. still looking for it. all i have seen lately is rising prices at the pump.
Profile Pic
INDY51
Champion Author North Carolina

Posts:4,079
Points:822,300
Joined:Jun 2009
Message Posted: Mar 12, 2010 7:52:43 AM

NO MATTER WHO SAYS IT OR WHEN-- OIL IS GOING TO RISE AGAIN
Profile Pic
roadrunnerMO
Champion Author Kansas

Posts:5,991
Points:1,233,260
Joined:Jul 2008
Message Posted: Mar 12, 2010 7:52:17 AM

Too much of nothing printed.
Profile Pic
wizzard1222
Champion Author St. Louis

Posts:6,209
Points:1,832,040
Joined:Mar 2006
Message Posted: Mar 12, 2010 7:51:24 AM

Just cosmetic 'word/press' dressing...just follow the hedge funds & investment bankers !!!
Profile Pic
napermike79
Champion Author Twin Cities

Posts:3,037
Points:1,367,845
Joined:May 2001
Message Posted: Mar 12, 2010 7:51:17 AM

Goes to show anyone says boo about oil and they will print it
Profile Pic
craigsf38
Champion Author Rochester

Posts:3,420
Points:1,046,140
Joined:Jun 2008
Message Posted: Mar 12, 2010 7:50:34 AM

Think it's going up.
Profile Pic
2907
Champion Author Kentucky

Posts:1,525
Points:843,590
Joined:Aug 2005
Message Posted: Mar 12, 2010 7:50:31 AM

Don't believe these stories anymore.
Profile Pic
rbrowdersr
Champion Author Detroit

Posts:4,195
Points:1,405,790
Joined:Aug 2006
Message Posted: Mar 12, 2010 7:50:24 AM

This senario changed in minutes.
Profile Pic
racerdj
Champion Author Indianapolis

Posts:7,475
Points:1,589,885
Joined:Jun 2003
Message Posted: Mar 12, 2010 7:49:15 AM

The message conflicts with the previous article.
Profile Pic
Zeke33
Champion Author New Hampshire

Posts:3,867
Points:1,277,835
Joined:Sep 2005
Message Posted: Mar 12, 2010 7:48:29 AM

Keep CONSERVING and maybe the inventories will grow a little more.
Profile Pic
REKEY
Champion Author South Carolina

Posts:6,206
Points:1,233,480
Joined:May 2008
Message Posted: Mar 12, 2010 7:47:46 AM

Last post was it was going up, geez!
Profile Pic
pricechecker08
Champion Author Ohio

Posts:5,525
Points:1,237,700
Joined:Jan 2008
Message Posted: Mar 12, 2010 7:46:05 AM

Sure supplies will rise. Less gas is being used due to high prices.
Profile Pic
PhilMils
Champion Author Virginia

Posts:4,846
Points:948,785
Joined:Dec 2008
Message Posted: Mar 12, 2010 7:44:55 AM

Over the longer run, oil prices will continue to climb. We need to reduce our use of oil - it's the only real way to combat the rising oil prices.
Profile Pic
ssect8
Champion Author Hartford

Posts:5,614
Points:1,662,955
Joined:Jun 2006
Message Posted: Mar 12, 2010 7:43:48 AM

If the past really is prologue this will NOT happen.
Profile Pic
techque
Champion Author St. Louis

Posts:6,373
Points:1,991,060
Joined:Apr 2005
Message Posted: Mar 12, 2010 7:42:41 AM

bloomberg's next article blows this one away !
Post a reply Back to Topics