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GasBuddy News Article

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Investors Should Celebrate Falling Oil Prices

Motley Fool -- Earlier this year, with a barrel of Brent crude nudging $128, analysts and traders were predicting it could soon hit $200 a barrel. Most people agreed the oil price could only go one way: up.

With hindsight, what happened next was predictable. Oil prices went into reverse at a near-record speed, dropping more than 20% this quarter. Next time you pop down the shops to buy a barrel of Brent crude, you can expect to pay less than $93. Suddenly everybody agrees the price can only go one way from here -- and that's down. Some traders and analysts even predict it could drop to $50 or $40 a barrel.

The mechanics of oil
The oil price plunge has been partly sparked by our constant, troublesome companion: the eurozone crisis. And let's not forget its slovenly siblings, weak U.S. jobs data and ...


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Submitted Jul 05, 2012 By: brbaritone
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Investors Should Celebrate Falling Oil Prices Post a Reply Back to Topics
REPLIES (newest first)
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DanMtz
Champion Author Oakland

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Message Posted: Jul 6, 2012 10:37:22 AM

Celebrate falling oil prices, sure. But the economic picture isn't looking too good these days.
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puinsai808
Champion Author Honolulu

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Message Posted: Jul 6, 2012 7:54:38 AM

ok
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alterman156
Champion Author New York

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Message Posted: Jul 5, 2012 10:16:10 PM

I'm not against lower oil prices.
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Hoporrene
Veteran Author Mississippi

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Message Posted: Jul 5, 2012 10:06:56 PM

they should...but they won't
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KrsnaDragon
Champion Author Montreal

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Message Posted: Jul 5, 2012 9:35:31 PM

Speculation breeds despair.
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rahcat
Champion Author Grand Rapids

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Message Posted: Jul 5, 2012 9:28:55 PM

Investors should celebrate........consumers get screwed.
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Dodge_Me
Champion Author Atlanta

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Message Posted: Jul 5, 2012 9:27:57 PM

Sure, because we never know how long it will last
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dancygreen
Champion Author Twin Cities

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Message Posted: Jul 5, 2012 9:22:51 PM

ok
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us4usa
Champion Author Missouri

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Message Posted: Jul 5, 2012 9:22:30 PM

Gas prices same as last week $3.13...
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Ken2OD
Champion Author Grand Rapids

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Message Posted: Jul 5, 2012 9:22:07 PM

The up and down movement of oil prices is very emblematic of the screwing that the public is getting.
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mrbee
Champion Author Little Rock

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Message Posted: Jul 5, 2012 9:21:05 PM

No one knows.
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dougerstew
Veteran Author Oregon

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Message Posted: Jul 5, 2012 9:20:51 PM

scary economic times.
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MountedShooter
Champion Author Georgia

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Message Posted: Jul 5, 2012 9:20:25 PM

Ok.
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eblair54
Sophomore Author Missouri

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Message Posted: Jul 5, 2012 9:20:18 PM

They have a point. It won't hurt to try to encourage optimism by investing in the right stocks.
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jkpsr
Champion Author New Jersey

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Message Posted: Jul 5, 2012 9:20:11 PM

It will not last. The Euro also dropped 2 cents.
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gmcgas
Champion Author Atlanta

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Message Posted: Jul 5, 2012 9:19:43 PM

wt about at the pump? jumped up today.
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5kvdave
All-Star Author Los Angeles

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Message Posted: Jul 5, 2012 9:18:12 PM

GOOD OLE MONDAY MORNING QUARTERBACKS!!!!
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jem069
Champion Author Detroit

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Message Posted: Jul 5, 2012 9:17:29 PM

Ok
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BluWahoo
Champion Author Pensacola

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Message Posted: Jul 5, 2012 9:17:25 PM

a few stations increased over the past few days about $.10 per gallon more.
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DNRSVP
Champion Author New Hampshire

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Message Posted: Jul 5, 2012 9:15:08 PM

Possible topics for the next GB survey?

When do you think oil will hit $200/barrel?

or:

Which do you think will happen first.

-Oil will reach $50/barrel
-Oil will reach $200/barrel

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rawdog1313
Champion Author Lexington

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Message Posted: Jul 5, 2012 9:14:56 PM

Regulate Oil Speculation for lower gas prices!
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crreed1
Champion Author West Virginia

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Message Posted: Jul 5, 2012 9:14:04 PM

lower gas prices will help people look for jobs
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BobD2009
Champion Author Long Island

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Message Posted: Jul 5, 2012 9:13:23 PM

Too late prices are on the raise already.
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wz
Champion Author Twin Cities

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Message Posted: Jul 5, 2012 9:13:10 PM

It's always easier to explain what happend in the past than it is to predict what will happen in the future - especially in economic models. This article does a good job of explaining some of the possible reasons oil prices are falling.
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Colts13
Champion Author Indiana

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Message Posted: Jul 5, 2012 9:11:58 PM

Went up 41 cents the last couple day here.
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wilbur_gas
Champion Author Los Angeles

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Message Posted: Jul 5, 2012 9:11:55 PM

OK
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pgerassi
Champion Author Milwaukee

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Message Posted: Jul 5, 2012 9:11:46 PM

OK
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bobdec
Champion Author Miami

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Message Posted: Jul 5, 2012 9:11:37 PM

Only if gas prices are dropped
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PrinceLH
Champion Author Ontario

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Message Posted: Jul 5, 2012 9:11:30 PM

Yeah, right....speculators should be happy.
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ManOfLeisureII
Champion Author Philadelphia

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Message Posted: Jul 5, 2012 9:11:27 PM

Lower oil prices will help the economy.
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CivicMA
Champion Author Boston

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Message Posted: Jul 5, 2012 9:11:21 PM

They'll make out a lot better than we do, no matter what happens.
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miiike572
All-Star Author Phoenix

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Message Posted: Jul 5, 2012 9:09:52 PM

...
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jrschl
Champion Author Louisville

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Message Posted: Jul 5, 2012 9:07:57 PM

Just means more money in their pockets as pump prices remain higher and go higher.
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geoutpb
Champion Author Midland Odessa

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Message Posted: Jul 5, 2012 9:07:48 PM

Oil ever goes as high or as low as the experts say, because below 65 a barrel no one will drill for the stuff. The risk at prices below 60 dollars a barrel are not worth taking .
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SaturnSC
Champion Author Columbus

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Message Posted: Jul 5, 2012 9:07:23 PM

I celebrate it
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Bigwaynef
Champion Author South Carolina

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Message Posted: Jul 5, 2012 9:06:48 PM

And we have gas prices sky rocketing...
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12766
Champion Author New York

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Message Posted: Jul 5, 2012 9:06:39 PM

OK
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Gay_Blade
Champion Author San Jose

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Message Posted: Jul 5, 2012 9:06:31 PM

Why? Still too high, and high unemployment doesn't make anything better. Please. It's going to go back up.
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pastorpaulcg
Champion Author Virginia

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Message Posted: Jul 5, 2012 9:05:06 PM

Ok
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beale055
Champion Author Philadelphia

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Message Posted: Jul 5, 2012 9:04:51 PM

Yay!
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bbthegun
Champion Author San Diego

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Message Posted: Jul 5, 2012 9:03:20 PM

California is largely based on Brent prices and yet we are still paying almost $3.70. Translation: we're being screwed to the tune of about 50 cents/gallon. That sucks!
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TheeRedRam
Champion Author Hartford

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Message Posted: Jul 5, 2012 9:03:16 PM

.
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bvrbill
Champion Author Eugene

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Message Posted: Jul 5, 2012 9:02:16 PM

Prices need to keep falling. We can still explore alternatives that are cost effective.
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wayoung56
Champion Author Alabama

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Message Posted: Jul 5, 2012 8:58:55 PM

Interesting article...
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danreino
Champion Author Twin Cities

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Message Posted: Jul 5, 2012 8:57:25 PM

Are you on drugs ?
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whaboush
Champion Author Richmond

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Message Posted: Jul 5, 2012 8:54:08 PM

This jinxed it.
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Chillywilly
Champion Author Winnipeg

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Message Posted: Jul 5, 2012 8:53:48 PM

The price of oil seems more related to rumour than to fact.
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WBBNC
Veteran Author North Carolina

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Message Posted: Jul 5, 2012 8:53:45 PM

Gas prices are going up already (8 cents in a few hours)
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shifty3rd
Rookie Author Twin Cities

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Message Posted: Jul 5, 2012 8:52:46 PM

In Minneapolis, prices rose average of 21 cents today, hmmmm, prices down .. I think not!!!
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jerej829
Champion Author Memphis

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Message Posted: Jul 5, 2012 8:52:27 PM

ok
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