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Edouard builds ... oil market yawns

Discussion in 'Sports and News' started by Football_Bat, Aug 4, 2008.

  1. Football_Bat

    Football_Bat Well-Known Member

    The news that oil dropped below $120 is even more refreshing than the badly-needed showers this Category Zero behemoth will give south-central Texas.

    http://www.bloomberg.com/apps/news?pid=20601087&sid=a.w82nhKaz6I&refer=home
     
  2. Starman

    Starman Well-Known Member

    Don't worry, gas will jump to $5.00 by Labor Day "due to unexpected hurricane action in the Gulf of Mexico."
     
  3. BYH

    BYH Active Member

    No, no, no.

    A fly will fart in Iran, though, and lead to worries of the impending nuclear holocaust. So everyone will buy futures, even though there may be no future to worry about. Because when the world ends, we'll figure out who gets into heaven and who doesn't by who has the most futures.
     
  4. Trouser_Buddah

    Trouser_Buddah Active Member

    I'm screwed...
     
  5. BYH

    BYH Active Member

  6. Bubbler

    Bubbler Active Member

    We have a sliding mileage scale in our shop, and once I got 40 cents-per-mile, I ain't goin' back. So I took matters into my own hands.

    I just drove down to Galveston, whipped out a hand cannon, and emptied a clip into the Gulf Of Mexico. I figured I had a million-to-one shot to hit a tanker, but before I went, I called an oil speculator.

    Get ready for $6 a gallon! Sixty cents per mile! Yeah for me!
     
  7. Lieslntx

    Lieslntx Active Member

    Have some fucking compassion people. This storm could actually affect the lives of actual people and their property. Not just the freaking price of oil.
     
  8. dargan

    dargan Active Member

    Best-case scenario would be for it to not do much damage to the coastal areas, but bring some desperately-needed rain to some of the inland areas in East Texas, North Louisiana, and Southern Arkansas.
     
  9. Some Guy

    Some Guy Active Member

    Easy, tonto. We're just talking here.
     
  10. Wenders

    Wenders Active Member

    This also isn't exactly a Katrina-esque storm. The winds from this thing are currently between 74-95 mph. It's only a tropical storm. They'll get a little wind, a lot of much-needed rain (which hopefully will go up into the Panhandle, because, as I hear from my father every single day, they need it there), a few tornadoes and go back to their every day lives.
     
  11. deskslave

    deskslave Active Member

    Actually, the winds aren't that high, and the range you described defines a Category 1 hurricane.
     
  12. Football_Bat

    Football_Bat Well-Known Member

    Looks like it's going to make landfall farther up the coast than predicted yesterday.

    Double good news: That means it probably won't make it to hurricane status, and also, the track has it going farther north into Texas to break the 11-day streak of 100-degree days.


    [​IMG]

    Also .. oil was down another $2 in Asia overnight.
     
    Last edited by a moderator: Dec 15, 2014
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