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- Rabid replied Jul 11, 2009
Currently at $3.373. No major changes since Apr really, so prolly just a range. Looks like value is around $7 with resistance $13.50.
- Rabid replied Apr 12, 2009
Whoa. Is that spot/cash natural gas? Holy double top, batman. Looks like commodities are pricing in a big global slowdown.
- Rabid replied Jan 30, 2009
Don't trade on fundamentals, they don't mean squat in a bear market. Never have, never will. Markets are correlated, a down US market means a down Chinese market.
- Rabid replied Jan 30, 2009
Well, price changes to some degree daily, but the price changes don't reflect back to the stations every day. They have to take in account what they think gas will run, but they can't go too far with it since competition will keep the price down ...
- Rabid replied Jan 30, 2009
If the truck charges you $2 per gallon, you're going to have to charge more than that to turn a profit. The truck's price is a function of the price of oil, the crack spread, and transportation costs (distance from a refinery, distance from oil ...
- Rabid replied Dec 11, 2008
45/150 = .3. Price here reached $4.25/gal. Price is currently $1.49. 4.2*.3=1.26. The difference is: url The "Crack Spread." Of course gas prices usually lag oil prices by some measure of time, and a lot of industry is hedged at $50/barrel, so you ...
- Rabid replied Apr 22, 2008
We have water problems because towns have sprung up in arid places. It's hard to sustain desert cities without piping in a lot of water, but if we invest in desalination we could fix that problem. Here in the midwest we have a lot of land that's no ...
- Rabid replied Apr 22, 2008
Or we could go nuclear for source and power our cars on H2. Most of this is just dollar inflation. Take a looksie at the USD index and how it matches with oil and gas futures.
- Posts by Member Search: 'Rabid'