Oil down a dollar a barrel today and could go down further

6 Comments

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mexican fisher

05/08/08 at 3:31 pm

i agree!

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Dollarboy

from Watsonville, California

05/08/08 at 6:50 pm

I beleive that most of the big share holders in gas and related securties are not going to let gas go down without a fight. They probally won't need to lift a finger though, since the middle eastern conflicts are so bad all the time. Acorrding to the bush adminstartion anyway. So, hold on for on powerful(and expensive) ride!

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Kubie

05/09/08 at 9:55 am

You forget, they can make just as much money as it goes down as they do while it is going up. Shorting works in the real world too!

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Cpt JackHarkness

from Vancouver, Wa

05/09/08 at 8:11 pm

wait until the gas tax goes out, shouldnt that be a major factor in making the price go down? or is it coming to late to make a difference? june counts as summer for me :-)

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pso7025

05/10/08 at 1:58 am

if it comes, i think it would be after june 1st...it really does have to be the dumbest piece of legislation this year though...it'll save people what, $30-$50 for the entire time it's in effect? So the government loses millions of dollars that get used to fund highway renovation projects and less money = less jobs

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Cpt JackHarkness

from Vancouver, Wa

05/10/08 at 3:32 am

ahhh, but ur missing the bigger picture, if it all works out right i make thousands of dollars myself, screw the gov. lol

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