crude oil just went over $100/bbl.

[UserRemoved1]

Programmable thermostats in every zone of the house. 55/60 at night in all first floor rooms, and 67 for the hours we're in those rooms like dinner etc. Sometimes the striper room is bumped to 68 if it feels cold in there-lots of glass.

Shop gets shut OFF at 3pm... on at 5am to 60 and when it feels warm we turn the thermostat down...and it's still costing me $20 per day to heat it with a 250k btu furnace.

the jump today was attributed in part to the Opec countries not being able to meet quota in 2024! THAT is plain bull%$%$%$%$ imo.

The day traders can't make money on stocks and money anymore so they are going to keep s#^&#^&#^&#^&#^&g it out of OUR pockets to make their bottom lines every day. THAT should be illegal and would cause these prices to drop if they stopped this from happening.

[fishpoopoo]

Originally Posted by #^&#^&#^&#^&#^&#^&#^&#^&#^&#^&#^&

the jump today was attributed in part to the Opec countries not being able to meet quota in 2024! THAT is plain bull%$%$%$%$ imo.

The day traders can't make money on stocks and money anymore so they are going to keep s#^&#^&#^&#^&#^&g it out of OUR pockets to make their bottom lines every day. THAT should be illegal and would cause these prices to drop if they stopped this from happening.

nope ... concerns about Nigeria brought it to $100.

those "day traders" you referred to were a driving force a while ago (hedge fund speculators), when they correctly anticipated that ChIndia would be s#^&#^&#^&#^&#^&g up oil.

NOW, it really is end users like China and India that are driving the prices up. Not the specs anymore.

[UserRemoved1]

Still want to tell me it's not the traders? This should be outlawed. Not withstanding the guy manipulated the market, this should not be allowed to happen or there should be STIFF penalties for anything like this. It should be outright illegal! There are tens of thousands who can't pay for heating oil etc this year and the govt lets people do this.

http://news.bbc.co.uk/2/hi/business/7169543.stm

Originally Posted by fishpoopoo

nope ... concerns about Nigeria brought it to $100.

those "day traders" you referred to were a driving force a while ago (hedge fund speculators), when they correctly anticipated that ChIndia would be s#^&#^&#^&#^&#^&g up oil.

NOW, it really is end users like China and India that are driving the prices up. Not the specs anymore.

[eastendlu]

Heard on the radio today that 5 years ago oil was around $20.00 a barrel.

[Raven]

[quote=#^&#^&#^&#^&#^&#^&#^&#^&#^&#^&#^&;552066] the govt lets people do this.

schork = DORK

[striperman36]

hedge funds

[The Iceman 6]

Sure is a cold one out there today......