Club Cobra Gas - N Exhaust  

Go Back   Club Cobra > Cobra Talk Areas > ALL COBRA TALK

MMG Superformance
Nevada Classics
Main Menu
Module Jump:
Nevada Classics
Nevada Classics
MMG Superformance
Advertise at CC
Banner Ad Rates
MMG Superformance
MMG Superformance
Keith Craft Racing
March 2026
S M T W T F S
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31        

Kirkham Motorsports

 
 
LinkBack Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #9 (permalink)  
Old 05-22-2009, 06:44 AM
CC Member
Visit my Photo Gallery

 
Join Date: Mar 2008
Cobra Make, Engine: currently Cobra-less
Posts: 580
Not Ranked     
Default

its those greedy bast...ds on wall street, check this article from yahooo news:

At the same time, prices are starting to rise for seasonal reasons. Americans drive more in summer, and federal and state laws require different, more expensive gasoline blends this time of year.

The trading markets are at work, too. By mid-February, the price of oil had fallen so far — below $34 a barrel, compared with a peak of $147 last July — that large investors couldn't resist buying in.


Investing momentum feeds on itself, and government data suggests speculative trades are on the rise, meaning people are buying in simply because they know they can sell for a quick profit.

"There's no lack of gasoline right now or the lack of ability to produce it, and anyone who says speculators are not playing a role in this run is delusional," said Tom Kloza, publisher and chief oil analyst at the Oil Price Information Service.

The same thing happened last year, to a much greater extent. Because when the Wall Street crisis struck and the economy tanked, oil prices collapsed. Gas fell to $1.61 by the end of the year.


There should be a regulation to prevent this crap from happening...
__________________
when in doubt, floor it
Reply With Quote
 


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -7. The time now is 01:29 AM.


Powered by vBulletin® Version 3.8.0
Copyright ©2000 - 2026, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 3.6.0
The representations expressed are the representations and opinions of the clubcobra.com forum members and do not necessarily reflect the opinions and viewpoints of the site owners, moderators, Shelby American, any other replica manufacturer, Ford Motor Company. This website has been planned and developed by clubcobra.com and its forum members and should not be construed as being endorsed by Ford Motor Company, or Shelby American or any other manufacturer unless expressly noted by that entity. "Cobra" and the Cobra logo are registered trademarks for Ford Motor Co., Inc. clubcobra.com forum members agree not to post any copyrighted material unless the copyrighted material is owned by you. Although we do not and cannot review the messages posted and are not responsible for the content of any of these messages, we reserve the right to delete any message for any reason whatsoever. You remain solely responsible for the content of your messages, and you agree to indemnify and hold us harmless with respect to any claim based upon transmission of your message(s). Thank you for visiting clubcobra.com. For full policy documentation refer to the following link: CC Policy
Links monetized by VigLink