Albuquerque Classifieds

GasBuddy News Article

votes

Oil Trades Lower, Struggles To Keep Above $97

MarketWatch Pulse --
Crude-oil futures traded lower Monday as investors were concerned about the threat of a default in Greece and its impact on the global economy, and the dollar traded higher. Crude for March delivery declined 70 cents, or 0.7%, to $97.13 a barrel on the New York Mercantile Exchange. Greece is seen as running out of time to work out a deal for a second bailout package as party leaders have resisted more austerity measures.

Read the Full Article

Submitted Feb 07, 2012 By: RENEGADEGAS

Back To News

Category: Daily News Article Discussions > Topics	Add to favorite topics

Author	Topic: Oil Trades Lower, Struggles To Keep Above $97	Post a Reply Back to Topics

REPLIES (newest first)

First

Next Last

JOE1744MO Rookie Author Missouri Posts:22 Points:14,590 Joined:Feb 2012	Message Posted: Feb 10, 2012 10:20:24 PM Ignore JOE1744MO Report Abuse This is one area where the government should compete, We the people{government} should build our own refineries, make a small profit and use it to pay off our debt not give HUGE PROFITS to the stupid oil companies.
1006 Champion Author Birmingham Posts:1,016 Points:1,103,985 Joined:Apr 2008	Message Posted: Feb 10, 2012 6:00:35 PM Ignore 1006 Report Abuse not turning around now..higher.
honda0105 Champion Author Tallahassee Posts:15,950 Points:1,244,125 Joined:Nov 2008	Message Posted: Feb 10, 2012 4:00:53 AM Ignore honda0105 Report Abuse OPEC is happy to keep it there. And Pig Oil can export distillates tax free with taxpayer subsidies.
asog75 All-Star Author Indiana Posts:659 Points:170,270 Joined:Aug 2011	Message Posted: Feb 8, 2012 1:21:31 AM Ignore asog75 Report Abuse what do they think Greece is going to stop buying fuel
tomok Champion Author Portland Posts:26,008 Points:1,980,435 Joined:Aug 2006	Message Posted: Feb 8, 2012 1:10:30 AM Ignore tomok Report Abuse Oil Trades Lower, Struggles To Keep Above $97 and can decrease in price all it wants. Oil does not have to be Kept Above $97. The price of fuel at the pump is too high! 12/22/2012!
Krykson All-Star Author Chicago Posts:840 Points:247,185 Joined:Jul 2006	Message Posted: Feb 8, 2012 12:36:38 AM Ignore Krykson Report Abuse Interesting
ammamama13 Rookie Author California Posts:68 Points:53,550 Joined:May 2011	Message Posted: Feb 7, 2012 10:48:52 PM Ignore ammamama13 Report Abuse in a perfect world the price at the pump would decrease as fast as it does when it increases, but alas i don't see that happening anytime soon.
ammamama13 Rookie Author California Posts:68 Points:53,550 Joined:May 2011	Message Posted: Feb 7, 2012 10:46:42 PM Ignore ammamama13 Report Abuse whether oil prices increase or decrease, price at the pump always goes up.
Zonk Champion Author Michigan Posts:4,637 Points:1,739,700 Joined:Oct 2005	Message Posted: Feb 7, 2012 10:28:35 PM Ignore Zonk Report Abuse The American gas buyers are going to pay the pump price increases period. That is just the way it is going to happen.
kcboy Champion Author Utah Posts:2,860 Points:1,279,870 Joined:Jun 2005	Message Posted: Feb 7, 2012 10:11:26 PM Ignore kcboy Report Abuse what ever it takes to lower the prices.
Beboper Champion Author Virginia Posts:6,879 Points:1,798,715 Joined:Oct 2005	Message Posted: Feb 7, 2012 10:10:10 PM Ignore Beboper Report Abuse but pump prices keep going up
LCSTEELERBOB Champion Author Gary Posts:2,234 Points:547,825 Joined:Oct 2008	Message Posted: Feb 7, 2012 10:08:49 PM Ignore LCSTEELERBOB Report Abuse boo who
gocatgo Champion Author South Carolina Posts:13,286 Points:2,165,255 Joined:Apr 2006	Message Posted: Feb 7, 2012 10:08:04 PM Ignore gocatgo Report Abuse Struggles for Big oil, that's a good one.
NOGASMOOLA Rookie Author Illinois Posts:61 Points:128,360 Joined:Apr 2006	Message Posted: Feb 7, 2012 10:05:59 PM Ignore NOGASMOOLA Report Abuse Meantime "summer gas prices" are on the horizon!!
52MPG Champion Author Dayton Posts:5,425 Points:1,379,330 Joined:Apr 2006	Message Posted: Feb 7, 2012 10:04:49 PM Ignore 52MPG Report Abuse So why are gas prices up?
Bezalel Champion Author Oklahoma City Posts:10,246 Points:1,928,155 Joined:Oct 2006	Message Posted: Feb 7, 2012 10:00:38 PM Ignore Bezalel Report Abuse However, gas is UP here.
Vette1967 Champion Author Albany Posts:4,152 Points:915,380 Joined:Jun 2009	Message Posted: Feb 7, 2012 9:58:17 PM Ignore Vette1967 Report Abuse Just another day at the market.
carman11 Champion Author North Carolina Posts:1,443 Points:325,695 Joined:Jun 2011	Message Posted: Feb 7, 2012 9:55:43 PM Ignore carman11 Report Abuse OK
menagerie1013 Champion Author San Diego Posts:1,039 Points:345,250 Joined:Apr 2011	Message Posted: Feb 7, 2012 9:55:33 PM Ignore menagerie1013 Report Abuse Up, down, up, down, nothing new here.
skyking19 Champion Author Little Rock Posts:1,569 Points:1,418,895 Joined:Jan 2007	Message Posted: Feb 7, 2012 9:49:31 PM Ignore skyking19 Report Abuse Keep strugling.
PAborn54 All-Star Author Milwaukee Posts:954 Points:628,830 Joined:May 2009	Message Posted: Feb 7, 2012 9:47:14 PM Ignore PAborn54 Report Abuse Sure would be nice to see the price reflected at the pumps
stcoesda2 Champion Author Illinois Posts:9,747 Points:2,235,715 Joined:Aug 2005	Message Posted: Feb 7, 2012 9:47:04 PM Ignore stcoesda2 Report Abuse All the while gas goes up another dime in Northern IL. 30 cents in a week and a half is BS!
stcoesda2 Champion Author Illinois Posts:9,747 Points:2,235,715 Joined:Aug 2005	Message Posted: Feb 7, 2012 9:46:57 PM Ignore stcoesda2 Report Abuse All the while gas goes up another dime in Northern IL. 30 cents in a week and a half is BS!
ty58 Rookie Author Akron Posts:93 Points:200,570 Joined:Jun 2011	Message Posted: Feb 7, 2012 9:43:06 PM Ignore ty58 Report Abuse there goes that million dollar bonus if they can't get the oil prices back up
OGW Champion Author London Posts:3,747 Points:1,201,985 Joined:Sep 2005	Message Posted: Feb 7, 2012 9:40:05 PM Ignore OGW Report Abuse Greece is not good for much but if it is lowering oil prices, good for those lazy bastards.
confetti Veteran Author Tampa Posts:317 Points:234,490 Joined:Jan 2006	Message Posted: Feb 7, 2012 9:35:52 PM Ignore confetti Report Abuse I hope the price of gas comes down, but not for long if Obama's EPA tax goes into effect soon.
TopGunn Champion Author Baltimore Posts:7,338 Points:2,252,180 Joined:Aug 2004	Message Posted: Feb 7, 2012 9:31:25 PM Ignore TopGunn Report Abuse Regardless, the choking of the consumer never stops!
GigHarborHound All-Star Author Tacoma Posts:921 Points:163,330 Joined:Sep 2011	Message Posted: Feb 7, 2012 9:30:57 PM Ignore GigHarborHound Report Abuse Ho-hum!!
woburnspotter2 Veteran Author Boston Posts:480 Points:165,655 Joined:Apr 2007	Message Posted: Feb 7, 2012 9:29:08 PM Ignore woburnspotter2 Report Abuse Right on, Rockwoodband - you rock, sir!
sprint41 Sophomore Author Virginia Posts:149 Points:1,160,235 Joined:Dec 2004	Message Posted: Feb 7, 2012 9:27:25 PM Ignore sprint41 Report Abuse If oil is going down or staying the same why is gas going up. Just rippin the consumers off again (yet).
BeachPatriot Rookie Author Maine Posts:34 Points:116,405 Joined:Oct 2011	Message Posted: Feb 7, 2012 9:26:51 PM Ignore BeachPatriot Report Abuse Just wait until summer when gasoline is over $5. Hope & change indeed.
Rockwoodband Veteran Author Flint Posts:426 Points:202,975 Joined:Oct 2009	Message Posted: Feb 7, 2012 9:24:41 PM Ignore Rockwoodband Report Abuse Who is struggling to keep it above $97? Consumers are struggling to keep it below $50.
fuelsaverMN Champion Author Twin Cities Posts:1,938 Points:403,125 Joined:Mar 2011	Message Posted: Feb 7, 2012 9:20:41 PM Ignore fuelsaverMN Report Abuse WE SHOULD NOT BE PAYING THIS MUCH FOR GAS AT THE PUMP.WHO'S TO BLAME?I THINK MOSTLY NOBAMA.
Prodaddy Champion Author Houston Posts:6,565 Points:1,531,770 Joined:May 2007	Message Posted: Feb 7, 2012 9:19:06 PM Ignore Prodaddy Report Abuse Yet a gallon of gas is over $ 3.25. makes no sense at all
bif65 All-Star Author Virginia Posts:768 Points:135,575 Joined:Jan 2011	Message Posted: Feb 7, 2012 9:17:08 PM Ignore bif65 Report Abuse ok
Chris46 Champion Author Dayton Posts:18,992 Points:1,768,905 Joined:Sep 2005	Message Posted: Feb 7, 2012 9:16:53 PM Ignore Chris46 Report Abuse It should be below $90. When are we going to see a break in the price of gasoline?
miser709 All-Star Author Grand Rapids Posts:598 Points:728,810 Joined:Mar 2004	Message Posted: Feb 7, 2012 9:16:44 PM Ignore miser709 Report Abuse Aww
KhelbenArunson Champion Author Michigan Posts:2,649 Points:354,230 Joined:Apr 2008	Message Posted: Feb 7, 2012 9:16:42 PM Ignore KhelbenArunson Report Abuse Good I want to see oil in total free fall.
bby Champion Author Twin Cities Posts:4,054 Points:695,495 Joined:Nov 2009	Message Posted: Feb 7, 2012 9:16:21 PM Ignore bby Report Abuse ok
jindodog Veteran Author Missouri Posts:425 Points:95,075 Joined:Jan 2012	Message Posted: Feb 7, 2012 9:12:37 PM Ignore jindodog Report Abuse Whatever.
EXTREMESNOW Champion Author Medford Posts:7,569 Points:1,554,415 Joined:Jul 2006	Message Posted: Feb 7, 2012 9:07:28 PM Ignore EXTREMESNOW Report Abuse Give it a day or two, it will get back over $100.
Stooker Sophomore Author Ontario Posts:158 Points:67,270 Joined:Dec 2011	Message Posted: Feb 7, 2012 9:06:48 PM Ignore Stooker Report Abuse whoah
HawaiianGuy Champion Author Idaho Posts:7,685 Points:2,719,050 Joined:May 2003	Message Posted: Feb 7, 2012 9:06:03 PM Ignore HawaiianGuy Report Abuse The European Union needs to face the inevitable truth: Greece WILL default. And if we don't rein in OUR spending, we will not be far behind. Sooooo, how's that "Hope" and "Change" working out for you?
dudleydolittle Champion Author Cleveland Posts:2,220 Points:231,345 Joined:Sep 2011	Message Posted: Feb 7, 2012 9:00:52 PM Ignore dudleydolittle Report Abuse No rhyme nor reason.
weenerdog Champion Author Detroit Posts:7,799 Points:1,538,615 Joined:Jan 2008	Message Posted: Feb 7, 2012 8:57:42 PM Ignore weenerdog Report Abuse yeah, right
JagXKR Champion Author British Columbia Posts:1,368 Points:730,870 Joined:Dec 2009	Message Posted: Feb 7, 2012 8:55:51 PM Ignore JagXKR Report Abuse Up down up down up down.
Beaveronparade All-Star Author Hartford Posts:958 Points:290,505 Joined:Mar 2011	Message Posted: Feb 7, 2012 8:53:37 PM Ignore Beaveronparade Report Abuse Yes, gas has risen around my area also. I just don't understand how that works! It doesn't make any sense to me.
adr47 Champion Author Saskatchewan Posts:5,296 Points:1,105,605 Joined:Nov 2008	Message Posted: Feb 7, 2012 8:51:50 PM Ignore adr47 Report Abuse Not for long Greed Rules
dylan126 Champion Author Cleveland Posts:2,220 Points:234,870 Joined:Sep 2011	Message Posted: Feb 7, 2012 8:50:08 PM Ignore dylan126 Report Abuse I guess that means a hike for us, It seams to work in reverse.
NorthglennBill Champion Author Denver Posts:5,680 Points:1,116,195 Joined:Oct 2008	Message Posted: Feb 7, 2012 8:42:56 PM Ignore NorthglennBill Report Abuse The price of oil is going down - the price of gasoline is going up. Go figure?