Oil is looking real tasty

[kewp]

[quote=sdrealtor]$1.69 @ costco? I paid 1.75 there and was doing cartwheels in the parking lot. I’ve still got half a tank and I’m heading over to fill up. Its full filling your tank for less than $20 again!!![/quote]

No doubt!

I remember about 15 years ago filling up for 87 cents a gallon at an independent station in New Jersey. I figured I would never see that price again in my lifetime.

Now, who knows.

[Username]

I filled up yesterday and got change back for my $20. That felt great. I remember post 9/11 I got fuel in Bakersfield for 0.96 a gallon and I can see it getting that low again the way things are going. However, I’m still glad I have a fuel efficient car because we all know that $5 a gallon is possible

[Username]

I filled up yesterday and got change back for my $20. That felt great. I remember post 9/11 I got fuel in Bakersfield for 0.96 a gallon and I can see it getting that low again the way things are going. However, I’m still glad I have a fuel efficient car because we all know that $5 a gallon is possible

[Username]

I filled up yesterday and got change back for my $20. That felt great. I remember post 9/11 I got fuel in Bakersfield for 0.96 a gallon and I can see it getting that low again the way things are going. However, I’m still glad I have a fuel efficient car because we all know that $5 a gallon is possible

[Username]

I filled up yesterday and got change back for my $20. That felt great. I remember post 9/11 I got fuel in Bakersfield for 0.96 a gallon and I can see it getting that low again the way things are going. However, I’m still glad I have a fuel efficient car because we all know that $5 a gallon is possible

[Username]

I filled up yesterday and got change back for my $20. That felt great. I remember post 9/11 I got fuel in Bakersfield for 0.96 a gallon and I can see it getting that low again the way things are going. However, I’m still glad I have a fuel efficient car because we all know that $5 a gallon is possible

[kewp]

I hope to God we collectively wake up as a country and realize that deflation isn’t a bad thing.

The government can always put unemployed people to work or feed them with food stamps.

Can you imagine what would happen if unemployment hit 15% *and* oil was $5 a gallon? Game over man. Mass civil unrest. Riots in the streets.

[kewp]

I hope to God we collectively wake up as a country and realize that deflation isn’t a bad thing.

The government can always put unemployed people to work or feed them with food stamps.

Can you imagine what would happen if unemployment hit 15% *and* oil was $5 a gallon? Game over man. Mass civil unrest. Riots in the streets.

[kewp]

I hope to God we collectively wake up as a country and realize that deflation isn’t a bad thing.

The government can always put unemployed people to work or feed them with food stamps.

Can you imagine what would happen if unemployment hit 15% *and* oil was $5 a gallon? Game over man. Mass civil unrest. Riots in the streets.

[kewp]

I hope to God we collectively wake up as a country and realize that deflation isn’t a bad thing.

The government can always put unemployed people to work or feed them with food stamps.

Can you imagine what would happen if unemployment hit 15% *and* oil was $5 a gallon? Game over man. Mass civil unrest. Riots in the streets.

[kewp]

I hope to God we collectively wake up as a country and realize that deflation isn’t a bad thing.

The government can always put unemployed people to work or feed them with food stamps.

Can you imagine what would happen if unemployment hit 15% *and* oil was $5 a gallon? Game over man. Mass civil unrest. Riots in the streets.

[DaCounselor]

“I think it very possible oil could go lower.

However, for any investment there is a value point where you start dollar-cost averaging into a long position, because the price is already so low. It if continues to go lower, you just keep buying more and more.”
__________________________

Yup.

I don’t know about $200 barrels in 5 years – maybe – but I feel pretty good about $75 barrels in 3 years. That’s an easy 2 bagger from here and a potential 3 bagger if we do in fact keep sliding to $25 barrels. Even more if you juice it with Proshares.

And yes, gold sure does look tempting in the $700 oz range, doesn’t it?

[DaCounselor]

“I think it very possible oil could go lower.

However, for any investment there is a value point where you start dollar-cost averaging into a long position, because the price is already so low. It if continues to go lower, you just keep buying more and more.”
__________________________

Yup.

I don’t know about $200 barrels in 5 years – maybe – but I feel pretty good about $75 barrels in 3 years. That’s an easy 2 bagger from here and a potential 3 bagger if we do in fact keep sliding to $25 barrels. Even more if you juice it with Proshares.

And yes, gold sure does look tempting in the $700 oz range, doesn’t it?

[DaCounselor]

“I think it very possible oil could go lower.

However, for any investment there is a value point where you start dollar-cost averaging into a long position, because the price is already so low. It if continues to go lower, you just keep buying more and more.”
__________________________

Yup.

I don’t know about $200 barrels in 5 years – maybe – but I feel pretty good about $75 barrels in 3 years. That’s an easy 2 bagger from here and a potential 3 bagger if we do in fact keep sliding to $25 barrels. Even more if you juice it with Proshares.

And yes, gold sure does look tempting in the $700 oz range, doesn’t it?

[DaCounselor]

“I think it very possible oil could go lower.

However, for any investment there is a value point where you start dollar-cost averaging into a long position, because the price is already so low. It if continues to go lower, you just keep buying more and more.”
__________________________

Yup.

I don’t know about $200 barrels in 5 years – maybe – but I feel pretty good about $75 barrels in 3 years. That’s an easy 2 bagger from here and a potential 3 bagger if we do in fact keep sliding to $25 barrels. Even more if you juice it with Proshares.

And yes, gold sure does look tempting in the $700 oz range, doesn’t it?

[Author]

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