Couldn't Imagine This In My Dreams:

[teazeman]

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Energy Commodities at 11:09 AM CST
Contract Last Trade Change Bid Ask TR Time Volume

February 2008 CRUDE OIL R NYMEX (Chart) 100.00 +0.38 10:38:46 AM 227099
February 2008 CRUDE OIL E NYMEX (Chart) 99.92 +0.30 99.91 99.93 10:39:32 AM 115067
February 2008 HEATING OIL #2 R NYMEX (Chart) 2.7190 -0.0214 09:37:20 AM 31645
February 2008 HEATING OIL E NYMEX (Chart) 2.7443 +0.0039 2.7435 2.7443 10:39:24 AM 13005
February 2008 PROPANE R NYMEX (Chart) 1.6175 * +0.0125 10:37:40 AM 1
February 2008 NATURAL GAS R NYMEX (Chart) 7.860 +0.010 10:37:52 AM 68553
February 2008 NATURAL GAS E NYMEX (Chart) 7.888 +0.038 7.886 7.889 10:39:32 AM 25680
February 2008 RBOB GASOLINE E NYMEX (Chart) 2.5545 -0.0144 2.5546 2.5553 10:39:18 AM 11452
February 2008 RBOB GASOLINE R NYMEX (Chart) 2.5530 -0.0159 10:37:18 AM 28894



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That ladies and gentlemen is 100.00 per barrell crude, i've been in this game a long time and it's a sight unseen to my eyes.

[Willie Bee]

Certainly nothing I ever expected to see. Will start driving the wife's Toyota a few times a week instead of my gas hog pickup. It's either that or give up whiskey, and I'd rather give up gas.

[ShamsWoof10]

I had a friend tell me he would not see $100 in his lifetime back in 02'... He said this while laughing which really pissed me off... So of course yesterday and today I called him to ask him if he was still alive...

I can honestly say that not only did I expect to see it but... what the hell took it so long... The first $100 options contract was three years ago.... Oddly enough it was Dec. 07'.. That's not sh*t either... I just remembered that..hmmmm

[Timetopay]

yo teaze saw the price of median homes and the dow I think 30 years ago and all three things oil,houses,and dow are up the same percentage.

I think people go wacky sometimes.

Nice shot though

[Willie Bee]

yo teaze saw the price of median homes and the dow I think 30 years ago and all three things oil,houses,and dow are up the same percentage.

I'm not seeing that at all, at least the numbers I find do not support that those three items have seen price increases of the same percentages:

CHART . 1978 . . 2008
DOW . . 820.2. . 13,000
GAS . . $0.63. . $3.00
HOME. .$62,500 . $220,000
INCOME $15,500 . $48K-$52K

[DrunkenLullaby]

You should have figured it was coming when you heard Bush & his cronies unzip their flys. They've got only 1 more year to complete their sodomization of the American economy - don't expect them to even use vaseline this year.

[Timetopay]

I'm not seeing that at all, at least the numbers I find do not support that those three items have seen price increases of the same percentages:

CHART . 1978 . . 2008
DOW . . 820.2. . 13,000
GAS . . $0.63. . $3.00
HOME. .$62,500 . $220,000
INCOME $15,500 . $48K-$52K

Not sure where i saw it Willie. Qucik bite on tv and looked pretty equal.

Like your chart though. Where did you get it?

[Willie Bee]

Searched around several sites, including Wall Street Journal and US goverment/census reports. Not to mention I was buying gas, stocks and a house 30 years ago and have a bit of my memory left (not much, but a bit )