Gas Could Fall to $2 in 30 Days........
 

....If Congress Acts!!

http://www.marketwatch.com/news/stor...-10EE2E723948}


What do you think about this?

Re: Gas Could Fall to $2 in 30 Days........
 

I'll wait until August to fill up my oil tank.

Re: Gas Could Fall to $2 in 30 Days........
 

:toofunny It really does make you think though, doesn't it?

Re: Gas Could Fall to $2 in 30 Days........
 

Interesting article.... but I'm not holding my breath waiting on congress to do anything to help us....

Re: Gas Could Fall to $2 in 30 Days........
 

It will never happen.

In fact, gas will be at $5.00 by summer's end.

Re: Gas Could Fall to $2 in 30 Days........
 

I agree with the article that speculation will just find a new home and I also agree that we would do better by increasing domestic supply. That, IMO, is the greatest issue and should have been started years ago when Bush wanted it done. Of course, the left tree huggers put a stop to that.

On the subjection of reining in consumer demand, that's a little hypocritical coming from someone that approves of speculating. They want us to rein in, but they don't want to curb it in their arena.

Suggesting ways to conserve while prices are high is okay, but not on the level that is being purported by Obama. I can be told the best ways to conserve electricity, but if I'm willing to pay for my consumption, then don't put restrictions unless it's a national emergency.

Re: Gas Could Fall to $2 in 30 Days........
 

What will the price of heating oil be in the North with gas so high??

Re: Gas Could Fall to $2 in 30 Days........
 

I catch slack from Christians every time I say this, but "Who Cares." If we Christians who say, "God meets all my needs" would actually believe it we would find that the God Who paves His streets with gold can not only afford $4.00 gas, but He can afford $10.00 gas.


2 Pet 1:3
3 seeing that His divine power has granted to us everything pertaining to life and godliness, through the true knowledge of Him who called us by His own glory and excellence. (NAS)

Hey!!!! our God is bigger than gas, just believe folks!

Re: Gas Could Fall to $2 in 30 Days........
 

Ill believe it when I see it.

Re: Gas Could Fall to $2 in 30 Days........
 

You must believe, and not doubt, when you pray, then you shall have it.

The "believing you receive" comes before the "you shall have whatsoever you say".

Re: Gas Could Fall to $2 in 30 Days........
 

im skeptical that domestic oil will lower prices, at least by much. Oil Companies have so many different excuses and angels such as S&D...more driving during the summer so prices go up. More refineries going off line. And simply what is happening now, market speculation

Re: Gas Could Fall to $2 in 30 Days........
 

You know, even when I homeless, God looked out for me When I got a place to stay and my car broke down many, many miles from home and I had to hitchhike, God looked out for me. Now things are much nicer, and God still and He will look out for me, because HE is good and faithful.

Re: Gas Could Fall to $2 in 30 Days........
 

Well, I made a huge typo in my previous post! lol It should read subject and not subjection. My normal typing faster than my brain is working. lol

I can agree with you that I am also skeptical, BUT I still want to drill our own oil from our own land. I don't want the dependence on foreign oil. I also want exploration and technology to expand in other areas as well. We can deal with the why and why nots, the high and lows later.

This is an excellent, more in depth, article on speculating.

http://www.bloomberg.com/apps/news?p...d=a2Tz_oqk9WfI

Re: Gas Could Fall to $2 in 30 Days........
 

It would be nice, but which company get's to drill and therefore reap the profits?

You know I read in Iraq that gas is under 1 dollar a gallon. Would Exxon sell us our own gas from American soil cheaper? I doubt it

Re: Gas Could Fall to $2 in 30 Days........
 

Hmmm. I wonder if this is the same meeting I caught part of on C-Span the other day. Speculation in the market is what they were talking about.

Re: Gas Could Fall to $2 in 30 Days........
 

Some friends of ours are in from Nigeria and are saying that gas is under a $1 there also.

How do they award the drilling contracts?

Re: Gas Could Fall to $2 in 30 Days........
 

From the article I posted it appears to be up in the air and not totally proven that speculating is doing all that much hurt. At least that's what I gleaned from it.

Re: Gas Could Fall to $2 in 30 Days........
 

No bid contracts to friends like the ones to Haliburten?

Re: Gas Could Fall to $2 in 30 Days........
 

I heard on the news yesterday that some analyst is predicting oil at $200 per barrel by Christmas which would mean gast a $7 per gallon.

I am glad my wifes Linclon Town Car gets 25 mpg on the highway for trips! In the old days a full size car would have only gotten around 9 mpg.

Re: Gas Could Fall to $2 in 30 Days........
 

I guess you're trying to express faith, which is admirable, I suppose. But your post still comes across as being overly simplistic and somewhat naive.

So if gas went up to $10 a gallon, we should all just shrug our shoulders and say "who cares"? Please. Lets get real here. The increase in fuel prices is not just an added burden on Christians, but it's a burden on all Americans.

Re: Gas Could Fall to $2 in 30 Days........
 

Brother, it would be nice if gas was $10 a barrel. A barrel is 50 gallons! I could get myself a nice 4x4 with a big 460 cubic inch engine then!!! :bliss :D

Re: Gas Could Fall to $2 in 30 Days........
 

I saw the error, and went ahead and corrected it.

Re: Gas Could Fall to $2 in 30 Days........
 

Well, if they trust Halliburton, and I have many friends and family that work for them, why not give them the contract? It's a good company. That's how I felt about the bids in Iraq on that issue.

Re: Gas Could Fall to $2 in 30 Days........
 

Aw, the mental note. Thanks! :toofunny

Re: Gas Could Fall to $2 in 30 Days........
 

Right, good post. Our faith is what we survive on, now on to the debating/discussing/rationalizing....... :toofunny

Re: Gas Could Fall to $2 in 30 Days........
 

Don't burst the bubble so soon, Brother. :D

Re: Gas Could Fall to $2 in 30 Days........
 

While I actually agree with the second paragraph of your post in context, my post was to believers. Yes, $10 gas would be a burden on Americans and it probably will because of who is likely to be voted into our Presidency, but for us believer's if you'll use your faith it should not be a burden on you.


On the flip side (1st paragraph), your comment "trying to express faith, which is admirable" is what most Christians say (as I said in the post, I always catch slack), but it is sad that so few Christians actually know how to use faith and do not understand what God has provided for them. In fact, they go so far as to try and run down people who are willing to actually live the faith life. It is a truly amazing thing to me.

Anyway, as the Bible says, "according to your faith so be it" :happydance

Re: Gas Could Fall to $2 in 30 Days........
 

I know the North East is buying Wood-stoves/and Chimneys in record numbers. Two major stove manufacturers are back ordered 4 months at a time in the season when they are normally caught up and sending out orders in 2 weeks.

Re: Gas Could Fall to $2 in 30 Days........
 

What effect is this having on the evangelists, who are not preaching this modern prosperity message, but are dedicated to proclaiming the Gospel? Some have left full time work to pursue the Lord's call, and I am concerned how this crunch will effect them?

Re: Gas Could Fall to $2 in 30 Days........
 

I have a wood heater in my basement. I haven't burned wood since 1999 but it might be time to clean my chimney out and see if it still works!

Re: Gas Could Fall to $2 in 30 Days........
 

That's fine as long as the dollar doesn't keep dropping. Speculators are only concerned about Iran being attacked.

Re: Gas Could Fall to $2 in 30 Days........
 

Forget laws that would outlaw speculation.... Just the announcement of a major drilling project in the USA (even though there would not be a single refined drop in 12-15 years) would have the same results.

Re: Gas Could Fall to $2 in 30 Days........
 

please let it happen but i have little faith in govt, nanny state

Re: Gas Could Fall to $2 in 30 Days........
 

And we shouldn't.

Re: Gas Could Fall to $2 in 30 Days........
 

What they don't tell you, is you won't have the money to buy it when it does though.

Re: Gas Could Fall to $2 in 30 Days........
 

In my opinion, $2 a gallon gasoline would be more in line with where it should be.

Re: Gas Could Fall to $2 in 30 Days........
 

Do you buy bottled water?

Re: Gas Could Fall to $2 in 30 Days........
 

Nope. Why?

Re: Gas Could Fall to $2 in 30 Days........
 

Bottled water and Cokes are more than $2.00 a gallon. In fact, there's a lot of things that are more than $2.00 a gallon, and these items take a lot less money to make them than gasoline.

Re: Gas Could Fall to $2 in 30 Days........
 

Brother, I used to work for a friend of my dad's at the gas station he owned. A 32 oz soda, including the water, ice, cup, and syrup cost him 13 cents. In fact, if you buy bottled soda, the cost of the plastic bottle it's in costs more to make than the soda itself. I don't doubt for a minute that it costs more to make gasoline than soda, but I know it doesn't cost all that much to make soda.