Oil at $17.50

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  • Otters27
    BARRELED IN @ SBR!
    • 07-14-07
    • 30760

    #1
    Oil at $17.50
    Crazy when I don't need to drive
  • Shafted69
    SBR Hall of Famer
    • 07-04-08
    • 6412

    #2
    Still over valued. Short it to $10.
    Comment
    • carolinakid
      SBR Posting Legend
      • 01-12-11
      • 19106

      #3
      i did not think i would ever see gas prices this low ever again in the area i live in.
      Comment
      • stevenash
        Moderator
        • 01-17-11
        • 65700

        #4
        .92 cents a gallon in parts of Ohio.

        Check out the heat map for average unleaded gas prices around the country for both Canada and the US. Type in your city to see a local gas prices map.
        Comment
        • sweethook
          SBR Posting Legend
          • 11-21-07
          • 12667

          #5
          they made a killing at $80 - $100
          Comment
          • pavyracer
            SBR Aristocracy
            • 04-12-07
            • 82840

            #6
            I filled up $14 today.
            Comment
            • KnuckleHeadz
              SBR Hall of Famer
              • 12-11-19
              • 8194

              #7
              Originally posted by pavyracer
              I filled up $14 today.
              Wow... I also filled up my Jeep Cherokee for $60. Still about $2.40 here
              Comment
              • Mike Huntertz
                SBR Posting Legend
                • 08-19-09
                • 11207

                #8
                I guess that's why. Me too, no visits or road trips.

                You never know what you got 'till it's gone.
                Joanie Mitchell
                Originally posted by Otters27
                Crazy when I don't need to drive
                Comment
                • Bluehorseshoe
                  SBR Posting Legend
                  • 07-13-06
                  • 15006

                  #9
                  Air pollution has cleared up nicely in NY btw. lol
                  Comment
                  • QuantumLeap
                    SBR Hall of Famer
                    • 08-22-08
                    • 6880

                    #10
                    Futures dropped down to $14.47 a short while ago. Now back up to $16.
                    Comment
                    • clockwise1965
                      SBR Hall of Famer
                      • 10-01-13
                      • 6753

                      #11
                      I filled 2 SUV's up for $50.
                      Crazy.
                      Comment
                      • KnuckleHeadz
                        SBR Hall of Famer
                        • 12-11-19
                        • 8194

                        #12
                        Originally posted by clockwise1965
                        I filled 2 SUV's up for $50.
                        Crazy.
                        Detroit or Ohio?
                        Comment
                        • lonegambler23
                          SBR Hall of Famer
                          • 06-22-16
                          • 9760

                          #13
                          1.89 in CT crazy
                          Comment
                          • pablo222
                            SBR Hall of Famer
                            • 01-03-19
                            • 8858

                            #14
                            I am pissed its at 2.12 where i am. Ya all for ready for hyperinflation?
                            Comment
                            • mtneer1212
                              SBR MVP
                              • 06-22-08
                              • 4993

                              #15
                              They can cut production all they want...... the prices won't come back until the demand returns
                              Comment
                              • jjgold
                                SBR Aristocracy
                                • 07-20-05
                                • 388179

                                #16
                                Experts think It will go to one Dollar
                                Comment
                                • pavyracer
                                  SBR Aristocracy
                                  • 04-12-07
                                  • 82840

                                  #17
                                  $1.09 in my hood and with the discount I got it for 84c per gallon.
                                  Comment
                                  • Grits n' Gravy
                                    Restricted User
                                    • 06-10-10
                                    • 13024

                                    #18
                                    Originally posted by jjgold
                                    Experts think It will go to one Dollar
                                    What experts do you know?

                                    Lot of folks in Texas starting to panic right about now though.
                                    Comment
                                    • jjgold
                                      SBR Aristocracy
                                      • 07-20-05
                                      • 388179

                                      #19
                                      Gritter I know a few guys that drill in the gulf

                                      Low oil prices good for many but many jobs will be lost also
                                      Comment
                                      • Iona
                                        SBR MVP
                                        • 01-08-10
                                        • 4244

                                        #20
                                        Originally posted by QuantumLeap
                                        Futures dropped down to $14.47 a short while ago. Now back up to $16.
                                        I think this is the May Contract which expires tomorrow.

                                        The June contract is at 23 and change and is more representative of the market.

                                        Nevertheless oil is tanking !
                                        Comment
                                        • JAKEPEAVY21
                                          BARRELED IN @ SBR!
                                          • 03-11-11
                                          • 29331

                                          #21
                                          Originally posted by pablo222
                                          I am pissed its at 2.12 where i am. Ya all for ready for hyperinflation?
                                          It is $2.70ish here
                                          Comment
                                          • BarkingToad
                                            SBR Hall of Famer
                                            • 08-31-08
                                            • 5913

                                            #22
                                            Oil now $12
                                            Comment
                                            • stevenash
                                              Moderator
                                              • 01-17-11
                                              • 65700

                                              #23
                                              Comment
                                              • Otters27
                                                BARRELED IN @ SBR!
                                                • 07-14-07
                                                • 30760

                                                #24
                                                Originally posted by BarkingToad
                                                Oil now $12
                                                $5.55 am I seeing that righr
                                                Comment
                                                • flyingillini
                                                  SBR Aristocracy
                                                  • 12-06-06
                                                  • 41219

                                                  #25
                                                  USO stock is 3.85. It will take time but this is free money. I bought it at 7 and sold it at 13. At 3.85 you can’t lose. Who knows how long it will take but it will be 10-13 again.
                                                  המוסד‎
                                                  המוסד למודיעין ולתפקידים מיוחדים‎
                                                  Comment
                                                  • trytrytry
                                                    SBR Posting Legend
                                                    • 03-13-06
                                                    • 23652

                                                    #26
                                                    Oil just traded for $4.04. That's a record low going back to 1983
                                                    Comment
                                                    • trytrytry
                                                      SBR Posting Legend
                                                      • 03-13-06
                                                      • 23652

                                                      #27
                                                      interesting the market can be still at 23,931.52 with so little demand for oil at all, oil will be basically free for a few months with no place to store it.
                                                      Comment
                                                      • asiagambler
                                                        SBR Hall of Famer
                                                        • 07-23-17
                                                        • 6827

                                                        #28
                                                        Canadian oil traded at negative prices overnight
                                                        Comment
                                                        • Bluehorseshoe
                                                          SBR Posting Legend
                                                          • 07-13-06
                                                          • 15006

                                                          #29
                                                          Under $2.00
                                                          Comment
                                                          • Iona
                                                            SBR MVP
                                                            • 01-08-10
                                                            • 4244

                                                            #30
                                                            The May contract, which expires tomorrow, is illusionary. The June contract is $ 22.15.

                                                            So, tomorrow WTI may be up $ 20 plus.


                                                            Comment
                                                            • Iona
                                                              SBR MVP
                                                              • 01-08-10
                                                              • 4244

                                                              #31
                                                              BTW, WTI can go negative.

                                                              That would be wild !
                                                              Comment
                                                              • ThaTopMoron
                                                                BARRELED IN @ SBR!
                                                                • 04-30-10
                                                                • 27020

                                                                #32
                                                                Originally posted by stevenash
                                                                .92 cents a gallon in parts of Ohio.

                                                                https://www.gasbuddy.com/GasPriceMap...-96.591588&z=4
                                                                not in my hometown... the gas stations are a monopoly here and all still sitting at $1.45... even the grocery stores that have pumps
                                                                Comment
                                                                • Iona
                                                                  SBR MVP
                                                                  • 01-08-10
                                                                  • 4244

                                                                  #33
                                                                  Boom ! WTI May Contract negative.


                                                                  Comment
                                                                  • ThaTopMoron
                                                                    BARRELED IN @ SBR!
                                                                    • 04-30-10
                                                                    • 27020

                                                                    #34
                                                                    Originally posted by flyingillini
                                                                    USO stock is 3.85. It will take time but this is free money. I bought it at 7 and sold it at 13. At 3.85 you can’t lose. Who knows how long it will take but it will be 10-13 again.
                                                                    sounds nice

                                                                    i already jumped on ROKU 5 weeks ago when it was still a hair under $70... fast forward it was at $135 a couple hours ago

                                                                    waiting for it to hit $150
                                                                    Comment
                                                                    • BarkingToad
                                                                      SBR Hall of Famer
                                                                      • 08-31-08
                                                                      • 5913

                                                                      #35
                                                                      Negative $6, wow
                                                                      Comment
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