Better fill up this week!

[dmosh42]

Now that election day will be here, and gone, this week. The Repub racketeers will be telling the reasons why the gas is going into short supply and the prices will rise. And of course there will be calls for hearings and investigations, etc. and nothing will happen except the prices keep rising and the fat -lump oil execs will be getting bigger and better retirement buyouts.

[HereSince1628]

1. No doubt. Oil stocks were up on Friday to 52 week highs

people are betting on it with real money.

[KharmaTrain]

2. Get Those Sell Orders Ready, Too...

That 12,000 stock market? It's a mirage...bouyed by the run-up in oil prices earlier this year and then the run-down...and companies withholding critical earnings statements that would hurt their prices. That all comes crashing down after the election.

Well, now people are conditioned to $2.50 a gallon gas and soon it'll be $3. Yep, I expect to see oil prices rise...especially if the Democrats win the house as the oil companies know the free lunch is over, windfall profit taxes and cuts in their subsidies and tax breaks are also on the way. They're gonna have on last glut before they're held accountable.

To anyone who lives in the real world, you know how bad this economy is...how the "improved picture" is based on outsourcing, under-employing people so as not to pay benefits and a lot of borrowing.

[kcass1954]

3. I was thinking the same thing - like Monday night or sometime Tuesday.

I usually fill up on payday - every 2 weeks when I have $$, I feed my gas tank. Payday isn't until this coming Friday. I'm not likely to see $2.21 by then. I had occasion to go east into Ft Lauderdale twice this week, and saw gas as low as $2.14 in several places.

[peacefreak]

4. That is on my list for today.

Special election gas sale is just about over!

[ThomWV]

5. If Its Not "Summer Driving Season" its "Winter Heating Season"

But they never call it "Fuck The Public Season"

[razors edge]

6. Follow the money

The real money.http://www.indiadaily.com/editorial/14036.asp

Gold had the best rally in twenty years with relatively stable dollar – what does it tell you about the 2007-2008 economy and stock market?
Marla Guthrie
Nov. 3, 2006

Gold had the best rally in twenty years. The gold bugs even cannot believe the same. This happened when the dollar index was relatively stable. The gold market that was manifesting stagflation for the last three years is now showing confirmation for something much moiré dangerous.

If gold market is correct, a global financial meltdown is evident. The world financial system heading for a crisis because on coming overt trade wars. America is protecting its farmers, so is EU and many other countries. That disagreement in World Trade Organization is going to spill over in other especially service sector.

History repeats itself. If you take the quantitative models that led to 1929 meltdown, you will find similarities. The difference between then and now is gold. That time gold was officially the currency (by default) that all could trust. The lack of gold standard now has created an artificial dip in gold market. Now the smart money is finding how they were totally wrong in neglecting gold and trusting major currencies.

The global currency meltdown is what gold is predicting in 2007 and 2008. That will collapse world stock markets and the world economies will plunge.

[OwnedByFerrets]

7. You're so right, I did it yesterday before it goes up

.50-.75 this week. It will make $3 a gallon look cheap before its all over.