Better Fill up today

[sixdogsmom]

Ouch! But it is indeed tempting! 

[Carl Harrod]

I think they should tax according to stereo speaker usage, the more decibels being used at slow speed, the higher the tax. I bet you couldn't guess what has been going on in our neighborhood! 

LOL i built a neat little tool to use on those.  It inverts the signal their speakers put out and feeds it back at them and silences the speakers.   

I have another little device that sends a phased signal out at a high wattage and it frys their radio when it recieves it through the antenna.

Could you make a couple of those for me? I would gladly pay for them

[srkruzich]

LOL Carl one is illegal but the one that silences the speakers I bought years ago at a electronics fair.

[srkruzich]

Here ya go Carl heres one company that makes something that you can cancel out all that noise  

I dont' know how much they charge but it is really much better than my little toy. 

http://nvhtechnologies.com/aeq.html

There are probably several companies out there that make such a device.  This thing works a lot like noise cancelling headphones on a stereo. 

[frawin]

Crude Oil Rises on Global Stimulus Efforts, OPEC Production Cut


April 6 (Bloomberg) -- Oil rose on speculation economic stimulus plans and output cuts by the Organization of Petroleum Exporting Countries may slow growth in global stockpiles.

Oil climbed above $53 a barrel after the Group of 20 nations' plan to spend $1 trillion prompted the dollar to drop for a third day, boosting the appeal of commodities priced in the U.S. currency. OPEC quota cuts imposed in December are being complied with and have helped stabilize prices, Algerian Oil Minister Chakib Khelil said yesterday.

R20;Markets are still basking in the post-G20 glow,R21; said Christopher Bellew, senior broker at Bache Commodities Ltd. in London. "Some of that pixie dust might be blown away later this week as people realize the end of the recession is not yet in sight."

Crude oil for May delivery rose as much as $1.09, or 2.1 percent, to $53.60 a barrel in electronic trading on the New York Mercantile Exchange. It traded at $53.15 at 9:59 a.m. in London.

Prices gained for a seventh week last week, taking this year's advance to 18 percent, as leaders from the 20 of the world's largest economies agreed measures to end the global recessions and prevent future crises.

The dollar fell to a one-week low against a basket of currencies of its major trading partners today. It was at $1.3548 to the euro, from $1.3486.

Brent, Equities

Brent crude oil for May settlement rose for a third day, gaining as much as 75 cents, or 1.4 percent, to $54.22 a barrel on LondonR17;s ICE Futures Europe exchange.

European and Asian stocks advanced, sending the MSCI World Index to a two-month high, on speculation government efforts will revive the global economy. The MSCI World Index added 0.7 percent to 860.55 at 8:51 a.m. in London.

Still, Goldman Sachs Group Inc. expects that price "rallies will likely proved short-lived" until the second half of the year, when global crude inventories are likely to have tightened, the bank said in a report dated April 3.

OPECR17;s Khelil said that while OPEC has contained output, the recession will limit price gains and oil is likely to trade between $50 and $55 a barrel.

Crude oil inventories in the U.S., the world's largest energy-consuming nation, rose to 359.4 million barrels on March 27, a 15-year high. The International Energy Agency will likely lower its global demand forecast this week, given slowing world growth, Executive Director Nobuo Tanaka said April 2.

Saudi Aramco

Saudi Aramco, the world's largest state-owned oil company, cut its official selling prices for all grades for customers in the U.S., Northwestern and Mediterranean Europe for sales in May. They reduced prices for their so-called heavy grades to Asia while raising their lighter types.

Saudi Arabia slashed the price of its Arab Heavy Crude to the U.S. the most, cutting it by $5.50 a barrel to $4.85 below the price of the West Texas Intermediate grade produced in the U.S., the state oil company said in a faxed statement yesterday. That wiped out its April price premium of 65 cents more than WTI, the first time Saudi heavy oil traded for more than the U.S. benchmark in at least 10 years.

Hedge-fund managers and other large speculators decreased their net-long positions in New York crude-oil futures in the week ended March 31, according to U.S. Commodity Futures Trading Commission data.

Speculative long positions, or bets prices will rise, outnumbered short positions by 6,546 contracts on the New York Mercantile Exchange, the Washington-based commission said in its Commitments of Traders report on April 3. Net-long positions fell by 11,091 contracts, or 63 percent, from a week earlier.

[frawin]

The Saudis have always been Pro-Western, Pro-US, one they have always gotten their Military Planes and equipment from the West and two they have invested heavily in the US and Western Stock Markets, and the Dollar.


Saudi Arabia Cuts Oil Prices for U.S., Europe for May

April 5 (Bloomberg) -- Saudi Aramco, the world's largest state-owned oil company, cut its official selling prices for all grades for customers in the U.S., Northwestern and Mediterranean Europe.

Saudi Arabia slashed the U.S. price of its Arab Heavy Crude the most, cutting it by $5.50 a barrel to $4.85 below the price of the West Texas Intermediate grade made in the U.S., the state oil company said in a faxed statement today. That wiped out its April price premium of 65 cents more than WTI, the first time Saudi heavy oil traded for more than the U.S. benchmark in at least 10 years.

Crude oil supplies climbed 2.84 million barrels last week to the highest level since July 1993, the Energy Department reported April 1. The Organization of Petroleum Exporting Countries cut oil output by 1.2 percent to an average 27.395 million barrels a day last month, according to a Bloomberg News survey released on April 1.

Saudi Arab Light Crude was reduced by $4.15 a barrel in the U.S. and will sell for $2.25 less than WTI, Saudi Aramco said. Its April price was $1.90 more than WTI.

In Northwest Europe, Saudi light crude will be priced at $4.05 less than the IPE benchmark, a cut of $1.60 from a $2.45 discount last month, according to the statement. Heavy crude from Saudi Arabia for Europe declined $2.10, putting it $5.80 below the IPE equivalent.

Mediterranean, Asian Prices

Oil for Mediterranean destinations also cheapened, with Saudi light oil declining 90 cents to $3.05 below the IPE benchmark, and heavy oil falling $1.75 to $5.55 below the Brent weighted average equivalent as listed on IPE.

Saudi Arabia increased Asian prices for light grades. Saudi Arab Light Crude will sell in Asia for 80 cents more than crude from Dubai and Oman, a reduction of 10 cents from the 90 cent- per-barrel premium last month. The Saudi heavy crude price was cut $1.20 to fall $1.85 below Dubai/Oman crude.

[Rudy Taylor]

Diane,

I have absolutely no interest in who did what during which presidential administration, but I will point out that the price of gasoline on the day President Clinton left office was $1.46 per gallon.

I found the following article from the U.S. Department of Energy 2008 to be helpful in tracking gasoline prices.


http://www1.eere.energy.gov/vehiclesandfuels/facts/2008_fotw512.html

[Diane Amberg]

Thanks,  Rudy.

[Dee Gee]

Interesting site Ruby, if you go back to the previous on that link there is all kinds of interesting information .

[frawin]

Oil Drops a Third Day on Forecast U.S. Supplies Rose Last Week

By Grant Smith

April 7 (Bloomberg) -- Crude oil fell for a third day before a report tomorrow that is forecast to show U.S. inventories rose from a 15-year high as the recession holds down fuel demand.

Crude oil stockpiles rose 1.25 million barrels in the week ended April 3 from 359.4 million the previous week, according to the median of 10 estimates by analysts before an Energy Department report tomorrow. European stocks pared their gains as financial and technology companies declined, removing support for crude prices.

“Demand globally is weak,” said Hannes Loacker, an analyst at Raiffeisen Zentralbank Oesterreich AG in Vienna. “Inventory data definitely has to come down for prices to gain. It will be hard for prices to rise to $55 without support from a strong equity market.”

Crude oil for May delivery dropped as much as 93 cents, or 1.8 percent to $50.12 a barrel in electronic trading on the New York Mercantile Exchange. The contract traded at $50.13 at 10:30 a.m. London time.

Oil has risen 13 percent this year and is down 66 percent from a record in July. Yesterday, crude dropped $1.46, or 2.8 percent, to settle at $51.05 a barrel.

The Dow Jones Stoxx 600 Index declined for a third day, dropping 1 percent to 183.1 at 9:54 a.m. in London.

“The near-term direction in prices is toward the $40 level,” said David Moore, a commodity strategist with Commonwealth Bank of Australia Ltd. in Sydney. “The higher stockpiles have been a significant constraint on the price.”

Falling Gasoline Stockpiles

The Energy Department is scheduled to release its weekly report tomorrow at 10:30 a.m. in Washington.

Gasoline stockpiles probably dropped 1.5 million barrels from 216.8 million the prior week, according to the survey. Distillate fuels, a category that includes heating oil and diesel, probably fell 350,000 barrels from 144.2 million.

Refineries probably operated at 81.7 percent of capacity, little changed from the week before, according to the median of responses in the survey.

Brent crude oil for May settlement was at $51.83 a barrel, down 41 cents, on London’s ICE Futures Europe exchange at 10:28 a.m. London time. It dropped $1.23, or 2.3 percent, yesterday to $52.24 a barrel.

The Brent contract was more than $1.50 a barrel above Nymex’s May crude oil. The difference reached $1.19 yesterday, the most since Feb. 17. Brent oil is often priced at a discount to Nymex crude and traded lower for most of March.