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Gas prices dip below $2 a gallon

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:dance:

it's because obama won!! yeehaw

Does this mean people's mortgages actually will get paid just because he enters the oval office? Looks like I was already wrong on one count!

Yup and a chicken in every pot, too! :dance:

Man is made by his belief. As he believes, so he is.

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:dance:

it's because obama won!! yeehaw

:rolleyes:

it's because the speculators jumped out of the market.

i'm just borrowing a page out of the gop playbook ;)

so what are you doing with a gop playbook? :whistle:

well ####### how else am i gonna know how the game is played

admit you're a closet republican!

Closet? I think the Republican party up in the northeast is great. It's those southerners that ** it up.

Think Chafee. He was better than 95% the Democratic Party all by himself.

Edited by SRVT
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:dance:

it's because obama won!! yeehaw

:rolleyes:

it's because the speculators jumped out of the market.

The speculators are still here - just betting on the prices going down this time :)

I don't understand this very well but I thought there were curbs put in place on shorting commodities?

There are NO restrictions on short positions in commodity futures. Never have been.

You can short them to the ground.

Stocks, options - yes. Or at least there used to be before the SEC voted to repeal the

uptick rule. Now - not so much. Well, there's something called "Regulation SHO", which

doesn't regulate much. Then there was an emergency order temporarily banning short

selling of financial stocks which has now expired... so all is good again. :D

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Gas is $1.75 in Speedway, IN It's about $1.78 here in Greencastle.

I need a 1000 gallon tank I can fill up so I can hoard gasoline.

Good call Platy, gas will go through the roof again.......My tank holds 13 gallons.........Should I buy reserve? Perhaps....Yet I am not willing to buy a big tank.

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$59 a barrel today. :dance:

How low can it go? $40, possibly even as low as $20. Oil prices are a barometer of the

world economy, and the world economy is in recession.

DTO is a great ETF which gives investors twice the monthly inverse performance of the oil index.

http://finance.google.com/finance?q=NYSE%3ADTO

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then why is my bus fare going up next year... <_<

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I just paid $1.95 a gallon here today.

Don't just open your mouth and prove yourself a fool....put it in writing.

It gets harder the more you know. Because the more you find out, the uglier everything seems.

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Hubby just filled up at $1.87. He drives for work, so the plummeting gas prices have really helped us - $100 a week in expense savings is pretty significant.

I assume you mean it's not part of a regular commute, wouldn't he get reimbursed?

Man is made by his belief. As he believes, so he is.

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