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Oil prices... Holy Moolie!!!!!!!!! UPDATE!

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princess99
LIF Adult

Member since 5/05

3944 total posts

Name:
ME

Oil prices... Holy Moolie!!!!!!!!! UPDATE!

Our locked in price is about to expire and I just got quoted 4.96!!!! Chat Icon and Chat Icon and Chat Icon We were offered a locked in rate with a ceiling of 5.46 for 3yrs, and I am still shopping around- anyone get a quote lately? Would you lock in for 1 yr or 3 yrs? This is pretty scary... I do not think it is ever going to go down. Also, what oil company gave you the rate? I am so scared it is only going to go higher! TIA!
*****UPDATE*****
We locked in at 3 yrs 5.15 or if it goes lower we will get it and capped off at 5.47. We are doing smart billing payments, so that way it is better, if we can get more interest made in the bank , I rather keep that money there and pay them by the month. President Bush makes me sick, and even when we get a new preisdent, if they decide to do something like drill in other places for oil, it is going to take a few yrs to bulit a refinary. It is incredible, what we have to do to heat our homes. Chat Icon

Message edited 5/28/2008 5:18:00 PM.

Posted 5/27/08 8:26 PM
 
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rkoenke
my little piggys

Member since 3/08

4315 total posts

Name:
rachel

Re: Oil prices... Holy Moolie!!!!!!!!!

i need someone to tell me why gas from lipa / keyspan is cheaper???

My mom works for slomins, she gets a "discounted" rate... it's at 3.96 for next year, up from 2.3X!!

Posted 5/27/08 8:58 PM
 

KPsquared

Member since 5/05

4663 total posts

Name:

Re: Oil prices... Holy Moolie!!!!!!!!!

Wow that is shocking!Chat Icon

Posted 5/27/08 9:27 PM
 

Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

Re: Oil prices... Holy Moolie!!!!!!!!!

holy crap!!!!

Posted 5/27/08 9:42 PM
 

ave1024
I Took The Wrong Road

Member since 12/07

6153 total posts

Name:
That Led To The Wrong Tendencies

Re: Oil prices... Holy Moolie!!!!!!!!!

I may have to change my answer in the "are you doing anything differently" thread after reading this. Chat Icon

Posted 5/27/08 10:01 PM
 

bpmom
Feeling Blessed

Member since 6/07

2963 total posts

Name:

Re: Oil prices... Holy Moolie!!!!!!!!!

Holy! That's a crazy amount of $ per gallon! Chat Icon

Is anyone else hopeful that when the administration changes next year, the prices MIGHT go down?

Posted 5/27/08 10:39 PM
 

MegZee
My bunny

Member since 5/06

8777 total posts

Name:
Meaghan

Re: Oil prices... Holy Moolie!!!!!!!!!

Posted by rkoenke

i need someone to tell me why gas from lipa / keyspan is cheaper???



its natural gas, not gasoline.

Posted 5/28/08 10:19 AM
 

mommy2Alex
3 babies for me :)

Member since 5/05

6683 total posts

Name:

Re: Oil prices... Holy Moolie!!!!!!!!!

Posted by bdmom

Holy! That's a crazy amount of $ per gallon! Chat Icon

Is anyone else hopeful that when the administration changes next year, the prices MIGHT go down?



No, I honestly don't think it has to do too much with the admin. Demand around the world is up and OPEC isn't increasing production.

Posted 5/28/08 10:45 AM
 

mommy2bella
Where does time go?

Member since 12/05

9747 total posts

Name:
Kelly

Re: Oil prices... Holy Moolie!!!!!!!!!

OMG...we locked in in January at 3.53 and that was up a dollar a gallon from last year, but these prices are INSANE!!!
We really need to convert

Posted 5/28/08 11:06 AM
 

metagefken
LIF Adolescent

Member since 5/08

679 total posts

Name:
J

Re: Oil prices... Holy Moolie!!!!!!!!!

Posted by bdmom

Holy! That's a crazy amount of $ per gallon! Chat Icon

Is anyone else hopeful that when the administration changes next year, the prices MIGHT go down?



when Bush was in the middle east he had a meeting with the saudi arabians over the price of oil and requested that they increase production to help lower the cost. their answer was a resounding "no". there was a press conference held and they said that if you want oil, pay for it. not only dont i expect the price to go down, i expect it to get much worse.Chat Icon the price of oil is set by OPEC and the administration doesnt have anything to do with it. however, i would bet anything that because of bush's actions in the middle east, theyre putting the screws to us. friggin' bush!Chat Icon

Posted 5/28/08 11:07 AM
 

hbugal
Lesigh

Member since 2/07

15928 total posts

Name:

Re: Oil prices... Holy Moolie!!!!!!!!!

The price per barrel has dropped since last week..hopefully we'll be seeing a trend.

Posted 5/28/08 11:24 AM
 

ave1024
I Took The Wrong Road

Member since 12/07

6153 total posts

Name:
That Led To The Wrong Tendencies

Re: Oil prices... Holy Moolie!!!!!!!!!

Whats the current price?

Posted 5/28/08 12:10 PM
 

mommy2bella
Where does time go?

Member since 12/05

9747 total posts

Name:
Kelly

Re: Oil prices... Holy Moolie!!!!!!!!!

it was 128 a barrel yesterday

Posted 5/28/08 12:23 PM
 

LeShellem
A new beginning

Member since 2/07

3600 total posts

Name:
LeShelle

Re: Oil prices... Holy Moolie!!!!!!!!!

The prices will not go down for a long time. And while I am up in arms on what it cost to drive and what it will cost to heat my home this winter, we need oil prices to continue to rise. We have to find an alternative to oil. Our dependency on oil is of our own doing.

Posted 5/28/08 12:27 PM
 

butterfly20
Party of 5 - 2015

Member since 4/06

7390 total posts

Name:

Re: Oil prices... Holy Moolie!!!!!!!!! UPDATE!

omg... didnt even realize the home heating is up that much. and in november when i locked in at 3.67 i was in shock...

oil prices going up definately are not good.. I still have to drive the same distance to work regardlesChat Icon Chat Icon

Posted 5/30/08 9:40 PM
 

Erica
LIF Adult

Member since 5/05

11767 total posts

Name:

Re: Oil prices... Holy Moolie!!!!!!!!! UPDATE!

It will not go down substantially. China and India's governments both subsidize their oil, so, individually, they are not feeling the increase as we are and not cutting back.

Posted 5/31/08 3:59 AM
 

KPtoys
I'm getting old

Member since 5/05

8688 total posts

Name:
Karen

Re: Oil prices... Holy Moolie!!!!!!!!! UPDATE!

My cap for next year is $4.259. I wanted to puke i am scared for next years capChat Icon

Posted 5/31/08 10:02 AM
 

SweetestOfPeas
J'taime Paris!

Member since 3/06

32345 total posts

Name:

Re: Oil prices... Holy Moolie!!!!!!!!! UPDATE!

Posted by princess99
President Bush makes me sick, and even when we get a new preisdent, if they decide to do something like drill in other places for oil, it is going to take a few yrs to bulit a refinary. It is incredible, what we have to do to heat our homes. Chat Icon

Chat Icon Bush is the one who was pushing for drilling in Alaska/ANWR all along

Posted 5/31/08 11:28 AM
 
 

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