[Cashmere]

Game on.

LINKY

[Serial_Worrier]

You're enjoying this aren't you?

[Cashmere]

Anybody have predictions on when the .gov steps in?

I'd say 200 is when .gov steps in to change market rules.

Or

3 days of 10$ rises.

[heroineworshipper]

A federal reserve board member started talking again. Damn.

[Byron100]

You're enjoying this aren't you?

Aren't we all?

Yep, this looks like another burn-barner...let's see if it can make the drive all the way into the end zone this time for $140. I think it will, very soon.

[abelardlindsay]

Anybody have predictions on when the .gov steps in?

I'd say 200 is when .gov steps in to change market rules.

Or

3 days of 10$ rises.

Government: Exxon you must sell at $4/gallon.

Exxon to Saudis: Can you sell me crude at a price at which I will not lose money at $4/gallon?

Saudis: No, the Chinese will buy it for more. We'll sell you anything we have left over which is about 60% of the current volume of what your getting.

Consumers to Government: Oil is cheap but it's nowhere to be found as Exxon is only delivering 60% of what they were delivering last week!

Government to Exxon: Produce More!

Exxon to Government: Ok go tell the Saudis, Iranians and Iraqis you're going to bomb them unless they sell the gas to us for $4.00.

Government to Military: Bomb Iran!

Military to Government: Oh you don't really want to do that. We'd have to use nukes and the Iranians have all kinds of Russian advanced weaponry.

Consumer to Government: But But It's the oil companies and the speculators!!!! Waaaaah!!!!

Government to Consumers: Ok here's ration cards. We're going to decide who gets gas and who doesn't just like the old soviet days based on who we're receiving political pressure from. That way we can consume 60% less oil.

Truckers to Government: We need the oil!

Airlines to Government: No we need the oil!

Consumers to Government: No we need the oil!

Chemical Companies to the oil: No we need the oil!

100 other important industry that you've never heard of and it would take 20 minutes to explain to you exactly what they do: We Need the Oil!

See the government "Stepping in" is really going to help things....

[Niagara]

You know what the irony is for those who blame speculators?

The shorts are going to get squeezed, will scramble to cover and then we'll get some *serious* upward movement in price

[Dukat_Reloaded]

It's killing the market, the DOW is down 200 points close to 12,000.

Looks like we'll have another mini Stock Market panic

[nobodypanic]

Anybody have
See the government "Stepping in" is really going to help things....

at some point they're going to have to step in. when a good deal of your workers (the one's that do the real labor, not the guys that play golf and have meetings all day) can't afford to get to work, everything will begin to break down, and even if you personally can afford to drive, it won't matter much.

so, yes, at some point there's going to have to be some prioritization. will it be effective or rational? who knows.

[Niagara]

@Dukat_Reloaded

LMAO at your sig graphic!

[americandream]

Cash, did you see the weekly inventories last night man?

Through the fcukkin floor boards bud.

We are fcukked big time!