View Full Version : Crude down $17 or 12%


Keith8h
07-17-2008, 07:37 PM
Crude oil is down $17 or 12% off it's record high last Friday.

What will happen to all of the poor speculators who will loose millions? How could the government have allowed them to take such financial risks. Congress should pass some laws to save them and the Fed should put together a bailout plan at the taxpayers expense.

On the other hand, we could all just point at them like the bully on the Simpsons and say HA HA :rofl::lol::rofl:

Spearchucker
07-17-2008, 07:51 PM
Just pray it keeps crashing

kitefisherman
07-17-2008, 08:26 PM
I was so excited that I bought a truck today.

fiz
07-17-2008, 08:36 PM
There went marcus's gas futures:slap::D

Marcus
07-17-2008, 09:31 PM
Buh huh....I'm not in oil. I'd say this was a buying opportunity...a little correction in the oil bull market. Don't get used to it.
I'm in Natural Gas which is near an all time low regarding energy content/dollar vs. oil.

Spearchucker
07-17-2008, 09:33 PM
Buh huh....I'm not in oil. I'd say this was a buying opportunity...a little correction in the oil bull market. Don't get used to it.
I'm in Natural Gas which is near an all time low regarding energy content/dollar vs. oil.

I hope you remember all of us HARDWORKING peons when you are counting your millions.....

Marcus
07-17-2008, 09:51 PM
I hope you remember all of us HARDWORKING peons when you are counting your millions.....

Screw that hard working crap. Don't worry, John. I'll invite you out on my 34' Intrepid. ;) ...hopefully.

fiz
07-17-2008, 09:53 PM
Buh huh....I'm not in oil. I'd say this was a buying opportunity...a little correction in the oil bull market. Don't get used to it.
I'm in Natural Gas which is near an all time low regarding energy content/dollar vs. oil.

I guess you forgot about the pyramid scam gas cards you were trying to pimp on us.
:slap:

http://www.spearfishingplanet.com/showthread.php?t=7655&highlight=fuel+card

Marcus
07-17-2008, 11:23 PM
I guess you forgot about the pyramid scam gas cards you were trying to pimp on us.
:slap:

http://www.spearfishingplanet.com/showthread.php?t=7655&highlight=fuel+card

If you read that thread, you'll see that it was my mistake for posting such before researching it. My intentions were to simply pass on the info so that someone else that was better positioned to benefit from it would.

Kahuna
07-18-2008, 03:46 PM
What brought it down?
Congress threatening to tax big oil?

No, it was market pressure. God ole capitalism.

Kahuna
07-18-2008, 03:50 PM
Drill or be drilled

inletsurf
07-18-2008, 08:53 PM
I was so excited that I bought a truck today.

No shit? Cool. You'll drive it down here tomorrow right?

kitefisherman
07-18-2008, 09:20 PM
No shit? Cool. You'll drive it down here tomorrow right?

Steve: I am in the process of loading it for its inaugural spearfishing trip. I'll see you up there in about 10 hours.

Capt.Gene
07-18-2008, 10:10 PM
What brought it down?
Congress threatening to tax big oil?

No, it was market pressure. God ole capitalism.

Or banks selling winners to shore up their financial statements.

Kahuna
07-19-2008, 09:58 AM
Good point