DaveTV1 Posted May 5, 2011 Share Posted May 5, 2011 http://www.huffingtonpost.com/2011/05/05/oil-prices-plunge-in-reco_n_858275.html I think we all saw this coming, but I didn't think that the price would go down until election time. We'll see if gas prices drop in the next couple of weeks. Link to comment Share on other sites More sharing options...
futfan Posted May 6, 2011 Share Posted May 6, 2011 Every time someone would pass gas in the middle east or Lybia, the price would shoot up 10-15 cents per gallon on the bad news. With the good news of the death of Osama Bin Laden, it should have dropped to $ 1.29! Now that oil had dropped about 15% in the last week or so, where are the people who should be changing the billboards on the Interstate? I hope all those weekend speculators lost their gluteus maximus in the commodities market. Maybe they'll quit playing around with the "quick buck" get rich quick courses they bought online, and let the real players decide the price. Link to comment Share on other sites More sharing options...
partsman66 Posted May 6, 2011 Share Posted May 6, 2011 Dropped 1 penny here yesterday lol. Its funny how it jumps 5-10 cents at a time but always drops a penny at a time. Link to comment Share on other sites More sharing options...
LOSER Posted May 6, 2011 Share Posted May 6, 2011 It raised $2.02 a barrel today, back above $100. So I doubt we will see a big change at the pump for a while. Link to comment Share on other sites More sharing options...
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