Re: GAS $1/L
[Re: Eric Gibeault]
#280589
October 16, 2008 10:30 pm UTC
October 16, 2008 10:30 pm UTC
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Joined: Nov 2003
Posts: 2,857 Oakville, ON
Nigel Smith
OP
Insane Member
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OP
Insane Member
Joined: Nov 2003
Posts: 2,857
Oakville, ON
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They tend to do the opposite eachother though. When oil is surging upwards via speculation the stock market is tumbling, and when the market bounces back oil sees sharp loses. That being said Oil is probably unrealistically low at 75-80 dollars a barrel. lol where are you getting this info from? This is true in the United States as their stock market indexes are not heavily weighted in commodities. This is not true for the Toronto Stock Exchange, it is heavily oil and gas and other commiodities. Of course there will be days when what I said is not 100% true as their are other factors dictating performance of the markets. Look for example the days leading into a hurricane in the USA. Oil sees sharp increases in price driven by specualtion of lower production (supply/demand) This pushes oil prices to unrealistic highs, this in turn will lower stock market indicies. Using this same example but looking at the TSX rather then an American index. You will still see the selling off of financial and tech type stocks but the oil stocks will see significant gains. In many cases this is enough to significantly outperform the American markets, because the TSX has half a trillion in Oil and Gas market cap.
Past 1992 Tsi AWD 1992 Tsi 14.30@100 Stock w/ MAF-T 1992 Tsi AWD 13.03@105 1.71 60' 1991 Tsi AWD
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Re: GAS $1/L
[Re: Eric Gibeault]
#280596
October 16, 2008 11:39 pm UTC
October 16, 2008 11:39 pm UTC
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Joined: Nov 2003
Posts: 2,857 Oakville, ON
Nigel Smith
OP
Insane Member
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OP
Insane Member
Joined: Nov 2003
Posts: 2,857
Oakville, ON
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Dude, Financials lead the market decline, oil and gas came for the ride.
Past 1992 Tsi AWD 1992 Tsi 14.30@100 Stock w/ MAF-T 1992 Tsi AWD 13.03@105 1.71 60' 1991 Tsi AWD
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Re: GAS $1/L
[Re: Eric Gibeault]
#280604
October 17, 2008 01:20 am UTC
October 17, 2008 01:20 am UTC
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Joined: Nov 2003
Posts: 2,857 Oakville, ON
Nigel Smith
OP
Insane Member
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OP
Insane Member
Joined: Nov 2003
Posts: 2,857
Oakville, ON
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I'm not crazy about your tone, but congrats on the high opinion of yourself...
Yay... Lower Gas Prices...
Past 1992 Tsi AWD 1992 Tsi 14.30@100 Stock w/ MAF-T 1992 Tsi AWD 13.03@105 1.71 60' 1991 Tsi AWD
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Re: GAS $1/L
[Re: Nigel Smith]
#280692
October 17, 2008 09:12 pm UTC
October 17, 2008 09:12 pm UTC
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Joined: Jun 2008
Posts: 96 Saskatoon, SK, Canada
JamesAdamson
Regular Member
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Regular Member
Joined: Jun 2008
Posts: 96
Saskatoon, SK, Canada
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Jesus, still $1.109 in S'toon YTF are gas prices still so high here?!? We make the sh!t for crying out loud!
Cars, eh. 95 Eclipse GS-T... working on it.
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Re: GAS $1/L
[Re: Aaron Gamgee]
#280751
October 18, 2008 03:41 pm UTC
October 18, 2008 03:41 pm UTC
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Joined: Oct 2005
Posts: 10,749 Belleville, Ontario
Ryan Laliberte
No-Lift-To-Shift.... Stock. :)
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No-Lift-To-Shift.... Stock. :)
Senior Member, with Far TOO Much Time on Their Hands
Joined: Oct 2005
Posts: 10,749
Belleville, Ontario
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1.08 up in the Nickle Belt.
AWDAuto 1996 TSi AWD Automagic12.24 @ 113 - Small 16G FP Green HTA - 11.42/123 Team Pump Gas and Meth RTMRacing - Your Canadian source for DSM Parts "Every moment you live is pregnant with the next moment of your life" --Jim CarreyLast Login: September 28, 2021
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Re: GAS $1/L
[Re: toddmeunier]
#280976
October 20, 2008 04:49 pm UTC
October 20, 2008 04:49 pm UTC
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Joined: Jan 2005
Posts: 546 Ontario
Luke Sturgeon
Serious Member
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Serious Member
Joined: Jan 2005
Posts: 546
Ontario
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WOW! And Americans complain I havn't seen $.075/L since like early 2000 It's about 98/L here in Stratford.
1991 Eagle Talon TSi and thats all you need to know.
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Re: GAS $1/L
[Re: Malcolm Harris]
#280982
October 20, 2008 05:36 pm UTC
October 20, 2008 05:36 pm UTC
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Joined: Sep 1998
Posts: 7,944 Halifax, NS
Troy Jollimore
Senior Member, with Far TOO Much Time on Their Hands
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Senior Member, with Far TOO Much Time on Their Hands
Joined: Sep 1998
Posts: 7,944
Halifax, NS
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Luke, All Americans believe it's their God-Given right to have $0.50/L gasoline. Right up there with Guns, the Bible and being able to tell everyone else how their way is the RIGHT way to do things.
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Re: GAS $1/L
[Re: Gates Perry]
#281520
October 25, 2008 03:00 am UTC
October 25, 2008 03:00 am UTC
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Joined: Oct 2005
Posts: 10,749 Belleville, Ontario
Ryan Laliberte
No-Lift-To-Shift.... Stock. :)
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No-Lift-To-Shift.... Stock. :)
Senior Member, with Far TOO Much Time on Their Hands
Joined: Oct 2005
Posts: 10,749
Belleville, Ontario
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Still over a buck up here. Funny thing is the gas lines run THROUGH Sudbury!
AWDAuto 1996 TSi AWD Automagic12.24 @ 113 - Small 16G FP Green HTA - 11.42/123 Team Pump Gas and Meth RTMRacing - Your Canadian source for DSM Parts "Every moment you live is pregnant with the next moment of your life" --Jim CarreyLast Login: September 28, 2021
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Re: GAS $1/L
[Re: Brian Fernandez]
#281743
October 28, 2008 03:03 am UTC
October 28, 2008 03:03 am UTC
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Joined: Oct 2005
Posts: 10,749 Belleville, Ontario
Ryan Laliberte
No-Lift-To-Shift.... Stock. :)
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No-Lift-To-Shift.... Stock. :)
Senior Member, with Far TOO Much Time on Their Hands
Joined: Oct 2005
Posts: 10,749
Belleville, Ontario
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Yeah, right....
I filled up yesterday to what most were paying 4 months ago.
AWDAuto 1996 TSi AWD Automagic12.24 @ 113 - Small 16G FP Green HTA - 11.42/123 Team Pump Gas and Meth RTMRacing - Your Canadian source for DSM Parts "Every moment you live is pregnant with the next moment of your life" --Jim CarreyLast Login: September 28, 2021
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Re: GAS $1/L
[Re: Sven Hebbard]
#281758
October 28, 2008 11:20 am UTC
October 28, 2008 11:20 am UTC
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Joined: Jul 2003
Posts: 3,065 Colborne
Adam Grenon
Insane Member
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Insane Member
Joined: Jul 2003
Posts: 3,065
Colborne
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92.something in Colborne.
2012 - Lancer Ralliart Octane Blue 1991 - Talon Tsi AWD FP HTA 71 1992 - Talon Tsi AWD on hold
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Re: GAS $1/L
[Re: Sven Hebbard]
#281812
October 28, 2008 09:52 pm UTC
October 28, 2008 09:52 pm UTC
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Joined: Nov 2003
Posts: 2,857 Oakville, ON
Nigel Smith
OP
Insane Member
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OP
Insane Member
Joined: Nov 2003
Posts: 2,857
Oakville, ON
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Fleecing at its finest... Oil prices down today... Gas set to climb at midnight.
Past 1992 Tsi AWD 1992 Tsi 14.30@100 Stock w/ MAF-T 1992 Tsi AWD 13.03@105 1.71 60' 1991 Tsi AWD
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