Crude drops nearly 4% in late day trading !

Dolphin · Post by **Dolphin** » Mon Dec 15, 2008 9:24 pm

http://www.bloomberg.com/markets/commod ... tures.html

Post by E_ » Mon Dec 15, 2008 9:34 pm

See, and just this morning you were worried it was going to jump over 50 and stay...

Dolphin · Post by **Dolphin** » Mon Dec 15, 2008 11:30 pm

You Just never know

katie · Post by **katie** » Tue Dec 16, 2008 11:38 am

Are they saying why gas is going up again then???

Hacman · Post by **Hacman** » Tue Dec 16, 2008 8:25 pm

Seems like gas goes up and down everyday for no reason lately. I think some of the retailers are just trying to make more $.

$parechange · Post by **$parechange** » Wed Dec 17, 2008 10:51 am

katie wrote:Are they saying why gas is going up again then???

They don't have to, it's a matter of greed. The station owners do as they please, and there is nothing we can do about it.

$:-\$

Dolphin · Post by **Dolphin** » Wed Dec 17, 2008 11:08 am

Remember. It is a long Pipeline to the station you buy from

JLA · Post by **JLA** » Wed Dec 17, 2008 6:59 pm

Hacman wrote:Seems like gas goes up and down everyday for no reason lately. I think some of the retailers are just trying to make more $.

Actually, the higher the price the smaller the profit for the retailer. I know it sounds crazy, but it's true. (ten years as a retailer) I made a larger margin when the price was under $2 then when it was over $3. I've been out of the business for three years, but will be back in this Jan., so I'll keep you informed.

Post by E_ » Wed Dec 17, 2008 9:23 pm

THanks for the perspective JLA, I'm sure you know by admitting that you might get a little unwarranted coal raking later though.. LOL Just stick around anyway...

lexcomman · Post by **lexcomman** » Thu Dec 18, 2008 5:37 pm

About time oil drops. I mean they have been rapping us for how long and finally the world said they have had enough. Now they have to find ways to drive prices up by slowing production to make their investors happy and show the same profits they have gotten used to seeing.

Nervous Wreck · Post by **Nervous Wreck** » Fri Dec 19, 2008 8:12 am

I hope OPEC members a$$es get big enough you can float an 'oil tanker' in!!!

FasterThanYou · Post by **FasterThanYou** » Fri Dec 19, 2008 4:30 pm

JLA wrote:Actually, the higher the price the smaller the profit for the retailer. I know it sounds crazy, but it's true. (ten years as a retailer) I made a larger margin when the price was under $2 then when it was over $3. I've been out of the business for three years, but will be back in this Jan., so I'll keep you informed.

Very true. As a Construction Project Manager I saw it all the time. One building cost 1.7 million, one was 11 million and another was 33 million dollars. Higher profit margin on the 1.7M and each building made about the same amount of profit.

JLA · Post by **JLA** » Sat Dec 20, 2008 7:22 pm

E_HILLMAN wrote:THanks for the perspective JLA, I'm sure you know by admitting that you might get a little unwarranted coal raking later though.. LOL Just stick around anyway...

Let me clear up something, I WAS a retailer/owner of a store, now I'm going to work for one of those stores. So now I can feed you information, but have no say in anything. I like it better that way!

So bring on the questions and leave the rakes at home! $:-\$ $:-\$

Don't worry I don't scare very easily, so I'll stick around.

Dolphin · Post by **Dolphin** » Sun Dec 21, 2008 10:56 am

JLA is correct, stations have more % of profit with gas at 1.60 than they did at 4.00

You should all be able to figure out WHY ????

Post by E_ » Mon Nov 09, 2009 2:41 pm

I'd just like to know what their excuse is this year... ARGH!!

I'm paying around $2.80 for Diesel most of the time right now and I use premium in the bike and it is normally no less than 2.70...

This is kinda neat
http://lexingtongasprices.com/Price_By_County.aspx

http://lexingtongasprices.com/MetroGasT ... reMap.aspx

Click this link and select for 1 year and you can see why I am just venting from being a little

http://lexingtongasprices.com/Retail_Price_Chart.aspx

TheOneAndOnlyROOSTER · Mon Nov 09, 2009 10:12 pm

Where did Dolphin go??? Haven't seen him around in a while...

Post by E_ » Mon Nov 09, 2009 11:27 pm

He went somewhere where people did not give him grief for posting news reports etc. I sure miss his posts.

Pac22 · Post by **Pac22** » Tue Nov 10, 2009 11:31 am

E_HILLMAN wrote:He went somewhere where people did not give him grief for posting news reports etc. I sure miss his posts.

Ol Dophin. Yet another misfit who was banned from.....well...

Wherever he went, there must be separate news/stock sections where he could post to his hearts content. I'm happy for him.

$parechange · Post by **$parechange** » Tue Nov 10, 2009 1:17 pm

I wish he was back also. I will send him a PM and see if he answers.

LakeCumberlandBoaters.com

Crude drops nearly 4% in late day trading !

Crude drops nearly 4% in late day trading !

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Re: Crude drops nearly 4% in late day trading !

Re: Crude drops nearly 4% in late day trading !

Re: Crude drops nearly 4% in late day trading !

Re: Crude drops nearly 4% in late day trading !

Re: Crude drops nearly 4% in late day trading !

Re: Crude drops nearly 4% in late day trading !

Re: Crude drops nearly 4% in late day trading !

Re: Crude drops nearly 4% in late day trading !

Re: Crude drops nearly 4% in late day trading !

Re: Crude drops nearly 4% in late day trading !

Re: Crude drops nearly 4% in late day trading !

Re: Crude drops nearly 4% in late day trading !

Re: Crude drops nearly 4% in late day trading !

Re: Crude drops nearly 4% in late day trading !

Re: Crude drops nearly 4% in late day trading !

Re: Crude drops nearly 4% in late day trading !

Re: Crude drops nearly 4% in late day trading !