GasBuddy News Article

votes

Crude oil, gold drop after sentiment data

The Wall Street Journal -- NEW YORK (MarketWatch) -- Crude oil and gold futures turned lower in morning trade Friday after a survey showed U.S. consumers were less optimistic in March. Crude oil for April delivery was down 2 cents at $82.09 a barrel in electronic trade. It earlier rose to a high of $83.20 a barrel, lifted by the International Energy Agency's forecast for higher global oil demand. Gold for April was down 1.10, or 0.1%, at $1,107.10 an ounce, off a morning high of $1,119.50 an ounce.

Read the Full Article

Submitted Mar 14, 2010 By: billbearAL

Back To News

Category: Daily News Article Discussions > Topics	Add to favorite topics Post New Topic

Author	Topic: Crude oil, gold drop after sentiment data	Post a Reply Back to Topics

REPLIES (newest first)

First Prev

Next Last

zenetic Rookie Author San Francisco Posts:5 Points:17,380 Joined:Mar 2010	Message Posted: Mar 14, 2010 11:51:24 PM Ignore zenetic Report Abuse Like others said, I don't see any drop!! Where is it...?
granitestater Champion Author New Hampshire Posts:4,116 Points:639,500 Joined:Oct 2008	Message Posted: Mar 14, 2010 11:46:05 PM Ignore granitestater Report Abuse We're worried about the price of gold now??
cruisingtx Champion Author San Antonio Posts:1,201 Points:529,445 Joined:Jan 2009	Message Posted: Mar 14, 2010 11:45:41 PM Ignore cruisingtx Report Abuse Spring break and gas is up!
Night Owl Champion Author Toronto Posts:2,745 Points:837,990 Joined:Jul 2004	Message Posted: Mar 14, 2010 11:42:19 PM Ignore Night Owl Report Abuse Crude oil prices are way too high. We need to get rid of the oil speculators.
jjw0608 Champion Author Milwaukee Posts:3,382 Points:1,002,370 Joined:Nov 2005	Message Posted: Mar 14, 2010 11:32:12 PM Ignore jjw0608 Report Abuse Suprised?
NavyStore Champion Author Seattle Posts:2,692 Points:1,188,145 Joined:Aug 2005	Message Posted: Mar 14, 2010 11:28:23 PM Ignore NavyStore Report Abuse CAUTION: Speculation at play!
Yonkers111 Champion Author Scranton Posts:6,328 Points:536,820 Joined:Apr 2007	Message Posted: Mar 14, 2010 11:26:43 PM Ignore Yonkers111 Report Abuse Minerals
grandamgt1 Veteran Author Illinois Posts:423 Points:407,160 Joined:Apr 2008	Message Posted: Mar 14, 2010 11:26:26 PM Ignore grandamgt1 Report Abuse they would be dropping more if the dollar was doing better......
chuck sr Veteran Author Tampa Posts:445 Points:646,560 Joined:Apr 2004	Message Posted: Mar 14, 2010 11:17:16 PM Ignore chuck sr Report Abuse Two words -- International Greed God Help Us!
AKmailman All-Star Author Alaska Posts:727 Points:593,070 Joined:Jul 2004	Message Posted: Mar 14, 2010 11:16:32 PM Ignore AKmailman Report Abuse both are artificially high driven by s speculative market
signwiz Champion Author Indiana Posts:1,101 Points:939,875 Joined:Feb 2006	Message Posted: Mar 14, 2010 11:15:19 PM Ignore signwiz Report Abuse Let's all be pessimists then.
gilfarm Champion Author Alabama Posts:2,157 Points:1,013,260 Joined:Sep 2005	Message Posted: Mar 14, 2010 11:13:50 PM Ignore gilfarm Report Abuse Yellow gold & black gold!!
LoneGuy Champion Author Lansing Posts:3,643 Points:1,361,125 Joined:Aug 2005	Message Posted: Mar 14, 2010 11:13:18 PM Ignore LoneGuy Report Abuse One is good for me and the other is bad. I own gold, but I do buy gas. I also have investments in oil companies so maybe I am covered.
Plebe2001 Champion Author Philadelphia Posts:2,281 Points:411,875 Joined:Jul 2008	Message Posted: Mar 14, 2010 11:12:55 PM Ignore Plebe2001 Report Abuse Amen to 'Rednix'
Bubba44612 Champion Author Ohio Posts:2,676 Points:918,925 Joined:Aug 2005	Message Posted: Mar 14, 2010 11:12:25 PM Ignore Bubba44612 Report Abuse Oil should be $20 a barrel and gas at $1.50 a gal.
Rednix Champion Author Miami Posts:1,643 Points:342,340 Joined:Jul 2009	Message Posted: Mar 14, 2010 11:10:04 PM Ignore Rednix Report Abuse Let's see oil prices go below $80 this week.
TXRanger09 Veteran Author Dallas Posts:303 Points:254,010 Joined:May 2009	Message Posted: Mar 14, 2010 11:09:11 PM Ignore TXRanger09 Report Abuse Where were these US consumers surveyed? The Wall St. Journal usually fills in this blanks.
toadNY Champion Author Albany Posts:1,723 Points:545,510 Joined:Apr 2008	Message Posted: Mar 14, 2010 11:03:57 PM Ignore toadNY Report Abuse WOW .02 cents, obumer must be proud, he said twice as many exports this year. To bad its American jobs to China. Join the AMERICAN REVOLUTION to VOTE ALL INCUMBENTS OUT in 2010 & obumer in 2012 & the rest in 2014. that will be real CHANGE for AMERICA. IF WE DON'T VOTE IT'S obumer & DEPRESSION!
kcboy Champion Author Utah Posts:1,129 Points:822,615 Joined:Jun 2005	Message Posted: Mar 14, 2010 11:02:56 PM Ignore kcboy Report Abuse Where is the drop, it went up.
judgemobile Champion Author Ohio Posts:2,766 Points:1,489,985 Joined:Nov 2005	Message Posted: Mar 14, 2010 11:02:49 PM Ignore judgemobile Report Abuse if O'Bummer would allow domestic drilling, oil would drop to 32 a barrel, like it did when Bush allowed domestic drilling in July 2008 after it hit 147 a barrel in that month.
LareBear09 Rookie Author Orange County Posts:35 Points:138,825 Joined:Dec 2008	Message Posted: Mar 14, 2010 10:58:50 PM Ignore LareBear09 Report Abuse And yet retail gasoline prices continue to rise above $3 / gallon here in Orange County.
HongKongPhooey Champion Author Gasbuddy Posts:10,375 Points:163,995 Joined:Jul 2009	Message Posted: Mar 14, 2010 10:57:16 PM Ignore HongKongPhooey Report Abuse really? sure, like a survey of U.S. consumers has ANYTHING to do with it...
NatureBoyKY Champion Author Kentucky Posts:1,891 Points:620,940 Joined:Jan 2008	Message Posted: Mar 14, 2010 10:49:58 PM Ignore NatureBoyKY Report Abuse The direction of the "global economy" is influenced by a "survey". Who was surveyed by whom?. And this is the "advanced" state of society today. Formerly, this was called gossip.
DWME Champion Author Indiana Posts:1,113 Points:215,775 Joined:Aug 2009	Message Posted: Mar 14, 2010 10:37:52 PM Ignore DWME Report Abuse Yea... I'm still not waiting for the good fairy.
Dmax13 Veteran Author Denver Posts:400 Points:167,895 Joined:Oct 2009	Message Posted: Mar 14, 2010 10:34:30 PM Ignore Dmax13 Report Abuse wow 2 cents
abcdMA Champion Author Worcester Posts:3,148 Points:623,460 Joined:Nov 2008	Message Posted: Mar 14, 2010 10:33:19 PM Ignore abcdMA Report Abuse that's not a decline, that's a blip~!
OGW Champion Author London Posts:1,356 Points:671,940 Joined:Sep 2005	Message Posted: Mar 14, 2010 10:23:16 PM Ignore OGW Report Abuse Yeah, I can see all the speculators backing off because they felt sorry for the people buying gasoline.
goodbuy Champion Author Michigan Posts:3,163 Points:537,560 Joined:May 2005	Message Posted: Mar 14, 2010 10:22:16 PM Ignore goodbuy Report Abuse TWO CENTS!! A whole article about two cents!
jb107 Champion Author New Jersey Posts:4,704 Points:1,647,990 Joined:Sep 2005	Message Posted: Mar 14, 2010 10:22:10 PM Ignore jb107 Report Abuse Oil is way still high and I have no intention of buying any gold. Even if I could afford it.
donzo00 Champion Author Nevada Posts:4,151 Points:677,695 Joined:Sep 2008	Message Posted: Mar 14, 2010 10:21:57 PM Ignore donzo00 Report Abuse not by much it will still go up
TumaloDodge Sophomore Author Oregon Posts:195 Points:180,255 Joined:Jan 2009	Message Posted: Mar 14, 2010 10:21:33 PM Ignore TumaloDodge Report Abuse I hope it keeps declining
Cuzilla Champion Author Indianapolis Posts:8,824 Points:1,552,390 Joined:Sep 2005	Message Posted: Mar 14, 2010 10:18:05 PM Ignore Cuzilla Report Abuse Prices will fluctuate but the long trend is up!
CarrottopNe Champion Author Lincoln Posts:1,025 Points:367,365 Joined:Jan 2009	Message Posted: Mar 14, 2010 10:17:24 PM Ignore CarrottopNe Report Abuse Gas prices are not going down because of this report, you can bet your bottom dollar on that.
FordF2502001 Champion Author Mississippi Posts:3,083 Points:669,100 Joined:Sep 2008	Message Posted: Mar 14, 2010 10:13:56 PM Ignore FordF2502001 Report Abuse "when civilization makes a major turn down". That is exactly where we are headed now without some major common sense in Washington. We are broke and must remedy that or else.
mlhog Veteran Author Minnesota Posts:291 Points:166,900 Joined:Oct 2009	Message Posted: Mar 14, 2010 10:13:28 PM Ignore mlhog Report Abuse Does this mean gas prices go up or down.
camel1 Champion Author Minnesota Posts:3,805 Points:1,331,500 Joined:Jul 2006	Message Posted: Mar 14, 2010 10:13:02 PM Ignore camel1 Report Abuse both are still high priced
indyjim Champion Author Indianapolis Posts:4,768 Points:1,350,645 Joined:Jul 2006	Message Posted: Mar 14, 2010 10:11:48 PM Ignore indyjim Report Abuse Oil is a lot higher than it should be.
RobRD Champion Author Alberta Posts:3,828 Points:896,020 Joined:Jul 2007	Message Posted: Mar 14, 2010 10:11:33 PM Ignore RobRD Report Abuse Prices are still too high.
us4usa Champion Author Missouri Posts:1,148 Points:211,940 Joined:May 2008	Message Posted: Mar 14, 2010 10:06:18 PM Ignore us4usa Report Abuse still too high what was gas prices last year???
paulydel Champion Author Delaware Posts:4,233 Points:467,180 Joined:Jan 2008	Message Posted: Mar 14, 2010 9:57:04 PM Ignore paulydel Report Abuse I guess they didn't forecast very well.
tc316 Champion Author Twin Cities Posts:4,100 Points:786,930 Joined:Apr 2007	Message Posted: Mar 14, 2010 9:52:18 PM Ignore tc316 Report Abuse Up and down
CatMan623 Champion Author Houston Posts:8,608 Points:1,383,775 Joined:Aug 2006	Message Posted: Mar 14, 2010 9:51:00 PM Ignore CatMan623 Report Abuse Pump prices around here are up 25-30 cents/gal in the last month. Too much. Gotta keep the crude price below $80/bbl.
GRUMPY49 Champion Author Twin Cities Posts:2,632 Points:1,075,955 Joined:Apr 2005	Message Posted: Mar 14, 2010 9:49:39 PM Ignore GRUMPY49 Report Abuse then gas schould go down
salog Champion Author Columbia Posts:3,533 Points:879,840 Joined:Oct 2006	Message Posted: Mar 14, 2010 9:48:43 PM Ignore salog Report Abuse and yet prices at the pump are still rising
BrucePen Champion Author Ontario Posts:2,798 Points:595,795 Joined:Sep 2008	Message Posted: Mar 14, 2010 9:48:16 PM Ignore BrucePen Report Abuse Crude Oil should be dropping like a stone. Speculators are holding the price up
AJKPA Champion Author Pennsylvania Posts:3,785 Points:589,130 Joined:Oct 2008	Message Posted: Mar 14, 2010 9:47:29 PM Ignore AJKPA Report Abuse one word greed
AJKPA Champion Author Pennsylvania Posts:3,785 Points:589,130 Joined:Oct 2008	Message Posted: Mar 14, 2010 9:47:02 PM Ignore AJKPA Report Abuse if it doesnt its not news to me
AJKPA Champion Author Pennsylvania Posts:3,785 Points:589,130 Joined:Oct 2008	Message Posted: Mar 14, 2010 9:46:45 PM Ignore AJKPA Report Abuse i wanna know when it affects the pump price
AJKPA Champion Author Pennsylvania Posts:3,785 Points:589,130 Joined:Oct 2008	Message Posted: Mar 14, 2010 9:46:25 PM Ignore AJKPA Report Abuse 2 cents are you kidding me
AJKPA Champion Author Pennsylvania Posts:3,785 Points:589,130 Joined:Oct 2008	Message Posted: Mar 14, 2010 9:46:03 PM Ignore AJKPA Report Abuse tell me when it means something
DEG Champion Author Las Vegas Posts:12,833 Points:2,549,155 Joined:Jul 2003	Message Posted: Mar 14, 2010 9:45:57 PM Ignore DEG Report Abuse Oil is still double what is reasonable in this economy. [Edited by: DEG at 3/14/2010 9:46:13 PM EST]
Hunter114 Champion Author Chicago Posts:3,004 Points:492,370 Joined:Apr 2009	Message Posted: Mar 14, 2010 9:45:09 PM Ignore Hunter114 Report Abuse We need to get back on the gold standard and reverse course with this spending.