Dr. Ofellati wrote:It seems to me that the rate of posting of the 4-6 cornucopians on the board (of2, antidoomer, maddog, short on sense) is substantially higher than it was a year ago. Is it just me?
I view this as another sign that we're even closer to the big pop - it's like the voice getting louder and louder - "do NOT look behind the curtain, all is well. DO NOT LOOK BEHIND THE CURTAIN."
TheAntiDoomer wrote:Is it just me, or has the number of doomers squirreling out of bets by changing their screen name multiple time been increasing in the past year?
davep wrote:Boring!
We've been over all that a thousand times already.
NEW YORK - Oil prices fell Tuesday as workers headed back to deep sea platforms that were bypassed by a rapidly weakening storm in the Gulf of Mexico.
Ida, once a Category 1 hurricane, was downgraded to a tropical storm Monday and then lost even that status Tuesday as its winds lost their punch.
Producers like Royal Dutch Shell and Anadarko reported no damage to facilities and said flights to platforms and rigs in the Gulf would begin Tuesday.
Benchmark crude for December delivery fell 9 cents $79.34 a barrel on the New York Mercantile Exchange.
Even Monday, when Tropical Storm Ida still posed a potential threat to Gulf platforms, it appeared that the affects of a weakened dollar played a more significant role as oil prices rose $2 to $79.43.
The dollar tumbled so far, a person holding a euro could trade it in for $1.50. Because crude is traded in dollars, that means an investor trading in euros could buy oil for a relative bargain.
Even though there are huge supplies of crude right now, the dollar is so weak that an investor can buy oil and then pay to store it for months before having to sell it on the market.
The dollar gained back some ground Tuesday and oil prices fell.
The response to oil company activity in the Gulf ahead of the storm was muted.
Companies shut down 30 percent of oil production and 27 percent of natural gas production and evacuated about 18 percent of nearly 700 platforms, according to the U.S. Minerals Management Service.
Last year, retail gasoline prices spiked when hurricanes Ike and Gustav cut off supply routes, particularly in the Southeast, but demand for energy is low now and companies were expected to resume operations quickly so Ida is expected to little effect on prices.
Prices at the pump edged lower overnight, falling 0.6 cents to $2.658 a gallon, according to auto club AAA, Wright Express and Oil Price Information Service. Prices are 2.8 cents lower than a week ago, but 41.8 cents more than a year ago.
The Energy Department late Monday reported that retail gasoline prices fell for the first time in five weeks.
The International Energy Agency lowered its global oil demand forecast as well on Tuesday from 106 million barrels per day to 105 million barrels per day.
A man died today while hiking in Utah County. A group of people were visiting Timpanogos cave when one of them fell hundreds of feet off a cliff.
The victim is a man visiting from Russia, who slipped in the rocks and fell off a 200-foot cliff while he was trying to rescue a three-year old girl.
Maddog78 wrote:I'm more concerned about my friends losing their houses and maybe having to go to Walmart or 7/11 to beg for a job.
Ludi wrote:Doomers don't even pay out bets to fellow doomers.
Jotapay owes me $1000.00.
Jotapay wrote:Ludi wrote:Doomers don't even pay out bets to fellow doomers.
Jotapay owes me $1000.00.
I still dispute that there is a law requiring me to pay income tax.
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