About Oil Prices

rardo asked:


And if price of oil goes up, would we say bullish or bearish ? With respect to the recovery ? Can anyone also tell me what are the differences of each type of crude oil ?

Braided Fishing Line

Nelson asked:


I know gas was like $4 or higher when crude oil was over a hundred bucks a barrel. Now oil is down to $71 but gas is still just under 3 where i live. What was the price of oil on the stock market before Katrina when gas was around 1.50 or maybe a bit more?

Krylon Spray Paint

asked:


How come the “highly intellectual, world loved” Obama can’t pick up the friggin phone and call his Saudi buddies and lower the price of oil???

Is it way above his pay grade to actually help the very country that PAYS HIS SALARY?????

Carrier Heat Pumps

Don S asked:


When the price of oil hit almost $ 150.00 dollars per barrel, the price of gasoline went sky high taking along with it the prices of everything else using oil and gas. Now that the price of oil is down to $47.00 per barrel and the price of gasoline where I live is down to $1.60/gallon, I don’t see much of anything follow suit. The prices of food, services, transportation and other commodities which previously blamed the price of oil for the rise in cost have not come down proportionally. Something smells.

Fenwick Fishing Rods

asked:


We supposedly killed Osama, therefore gas prices shot through the roof! Funny thing is, price of crude oil went down. Would anyone care to explain this to me please??? I am in WV and gas went up from $4.09 this morning around 8 A.M. to $4.29 around 10:30 A.M. Just so you know.

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James M asked:


They control the Congress and what goes on. Oil was about $40 a barrel when we were fooled voting them into office and giving them control. Now its $130

“It aint BUSH he got NO POWER” as it could be said.

When can we expect some Action on the Dems part to lower those prices for us poor working souls?

Gosh, whats your guess on Oil when Obama wins ?

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skjhlkj asked:


Under what kind of situation do curde oil price peak? It seems that crude oil price peaked at different month. Sometime it peak during late summer (Aug, Sept). Sometime it peak well after summer (Late Oct.) What is causing the oil price to peak earily, and what is causing oil price to peak late?
I can understand it peak during summer. But I don’t understand why it would peak in late Oct (like 2004).
If I’m missing anything, please let me know. If there are more info that’s related to this stuff, please let me know too.

Gas Furnace Prices

asked:


Monetary expansion
SR output increase, interest decrease, price level increase
MR output no change, interest no change, price level increase

Increase Oil Price
SR output decrease, interest increase, price level increase
MR output decrease, interest increase, price level increase

-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=

Given these is it safe to assume in the …
SR output will be ambiguous as will ith interest rate and a increase in price leve?

MR output will decrease, interest rate will increase, as will price level?

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asked:


Most airlines start charging fees for check-in luggage, food, etc due to high oil price. Now, oil price has come back down to the level before the dramatic rise, why do these fees continue to stay?

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rocd asked:


I know oil is currently around $100/barrell but who sets this price and is this just the U.S. price or international? If the price of oil is the same internationally, it seems the price at the pumps should also be the same but they aren’t.

Carrier Heat Pumps