Even better BREAKING news!!!!...

[dawgstudent]

<div id="breakingNews_title"> BREAKING NEWS </div> <div> </div> <div id="breakingNews_text"> Oil settles at a record $138.54 a barrel, up $10.75, on weak dollar and forecast that crude will hit $150 by July 4. This breaks the all time record for largest one day increase in crude oil. Gasoline prices will surpass $4 per gallon this weekend, and will most certainly close in on $5 per gallon by August. For more news, tune to CNN.com. </div>

 

[dawgstudent]

<div id="breakingNews_title"> BREAKING NEWS </div> <div> </div> <div id="breakingNews_text"> Oil settles at a record $138.54 a barrel, up $10.75, on weak dollar and forecast that crude will hit $150 by July 4. This breaks the all time record for largest one day increase in crude oil. Gasoline prices will surpass $4 per gallon this weekend, and will most certainly close in on $5 per gallon by August. For more news, tune to CNN.com. </div>

 

[DerHntr]

bastards.

 

[dawgstudent]

[No message]

 

[Xenomorph]

*

 

[patdog]

I saw it on Mythbusters.

 

[davatron]

[No message]

 

[DerHntr]

i am riding the bike until the move. only 3 miles to work but have to deal with the dumb asses on hwy 12 for a piece of it. july 4th is going to suck.

 

[FlabLoser]

Just because Morgan Stanley predicts a $25 rise in oil and oil goes up $11 the same day? Say it ain't so....

I say the public should stand up and bully Morgan Stanley a little. Goldman Sachs too.

 

[dawgstudent]

stopped me filling up. I couldn't fully fill up for $75.00.

 

[Xenomorph]

..but the bubble is going to burst soon. It has to. I predict around the 2nd week of November.

 

[Irondawg]

I agree - true supply and demand isn't the cause of this -- it's the futures market and speculators driving the price up more than anything.

Should it be $1 a gallon - no

But no way it should be even $3

 

[Shmuley]

for credit card purchases. It was enacted to prevent use of a stolen card to fill up a string of tanks back when gas was cheaper. Now the limit keeps most truck and SUV owners from being able to fill up one [17n] tank.

 

[beachbumdawg]

well we can all thank Bill Clinton for this.....how is this you say:
well the bastard (amond others as well) wouldnt allow drilling in ANWAR and other places claiming it would 10-12 years before anything would be seen as worthwhile....well its been 10 years since that time.....hmmmm

 

[hooptydawg]

[No message]

 

[DerHntr]

i couldn't help but laugh when i saw a guy pull up to his second pump at the same station. he was driving a hummer.

 

[MadDawg.sixpack]

isn't that just <17>ing great.

 

[dawgstudent]

[No message]

 

[Ivehadbetter]

I usually pump 23 or 24 gallons.

 

[tupelodawg]

[No message]

 

[DerHntr]

maybe they can make some bikes with it. we are 2 or 3 dollars away from the US looking like a Chinese city. road rage on a bike would be interesting to see.</p>

 

[HammerOfTheDogs]

Plenty of average folks who own oil stocks. I bet they prefer this to the days in the mid 1980's when oil was $11/barrel and I and about 300,000 of my closest, dearest buddies were laid off from the oil patch.

When it comes to oil prices, be careful what you wish for. When oil prices plunged, Iraq became strapped for cash. So, they produced more oil. Unfortunately, they didn't have enough, so they invaded Kuwait because they had large reserves. That started a chain of events that leads to the **** going on in the Middle East today.

 

[tupelodawg]

You'd have to burn a lot of gas to equal a $500 month car payment for 72 months.

 

[davatron]

You bought a gas guzzler, now you can deal with it.

If you can make the car and insurance payments (along with the hefty car tag), you should be able to afford the gas. If it's too much, trade it in for something more fuel efficient.

 

[ColMuldrow]

In order for a bubble to burst, demand has to go down drastically. Too many will be forced to buy $5/gallon gas to get to work, transport goods, etc. for demand to go down that much. Not gonna happen. </p>