Oil prices settle near $79

Your first sentence is true; your second is not.

Bend over cuz we be scrood !

Lets see, the housing market takes another hit, Tim the financal man says unemployment is going to get worse before it gets better, Oil above 80 dollars a barrel, people cant borrow money, foreclosures, you name it, but because the Asian stock market is doing good, they raise the price of oil, while the American people are forced to pay high prices at the pump. Didn't someone comment that the Saudis pay less than a dollar a gallon?

$81 a barrel of crude in the depth of recession?
We are getting mugged people.

Was it really consumers conserving their money, or just having less to spend after fuel prices rising and staying high? Here in Southwest Washington state regular gas has been above $3.00 a gallon for the last several months, In fact it's $3.17 today.

"Energy prices settled higher on a day of uneven trading after the government said the economic recovery slowed during the second quarter as consumers conserved their money."

There is one guaranteed way to recover the economy and every single one of us can help.

Buy products made by US.
Do business with companies run by US.
Keep your money with US.

If you think there is no correlation between the consumers willingness to buy foreign made goods and products and the slow but steady collapse of our entire nation you're a fool. When you buy foreign that money leaves and never comes back.

The more foreign goods you buy is basically your piece of participation in destroying American jobs because you're not keeping then working.

When this country was founded most of the products and goods we bought, made and sold were American goods.

Now we buy clothes, vehicles, electronics, metals, cars and even our food from foreign countries. So who's keeping the American worker - that would be you - employed?

No one apparently and that's why everyones homes, jobs and way of life are in jeopardy.

Buy American or prepare to become Chinese Communists.

Thanks and repost.

As far as I can see there is no recovery. The stock market is in a bubble and it will crash again.
I am an honest Real Estate Broker, and have been for over a decade. Anyone who says now the market will go up in the short term future is ignorant or lying. I started telling my clients the bubble was going to burst in 2004. People didn't want to hear it. I was told I was a liar and a thief; I lost friends and customers for being honest. Now, most of those people won't look me in the eye. I am telling people now that the market will get worse and they still hate me for it.
Yes, some Realtors were undoubtedly part of the problem, but so were the customers.
Most people in this country don't want to face the sad truth of our present situation.

We have all of the natural gas that we need to make a transition from imported oil to alternative forms of energy whether it be solar, wind or hydro power. Conversion of coal fired plants to natural gas would cut carbon emissions from those plants by 50%. The technology to power vehicles on natural gas currently exists and HAS existed for 40 years. My Dad had a pickup truck that ran on natural gas in 1968.

However, the politicians don't want to do this. They have their own agendas. They do not care about us.

Stay home watch the price drop. Stop complaining unless you want to be part of the solution!

I feel we all need to look at how the gas goes up and up but it never goes down to where it was. Always way higher.So if they go up to 20 dollars a gal. then drops to ten we all think we are getting a deal .Gas should be a dollar a gal if that .But Wall st screws us big time .Anything that may happen the price goes up and stays there .Then they think something else may happen it goes up and stays there.We are paying close to 3 dollars a gal in new Jersey now.So the only way to push it to 4 dollars a gal and get away with it would be bringing the price to 10 dollars for awhile.Then drop it to 4 dollars.This is how it works .And it is all profit for the oil companys and there share holders.Oil should not be on wall st .If we took it off and made rules that you just make it and sell it no share holder's no wall st bull.This will help keep prices down.If you went to the west 15 years ago no one was pumping oil .All the pumping station were all there just rusting away. why because it was cheaper to buy from over sea's.so the only way they could make money was for the price to go up so we can pump oil from here and we will be rich so bush came in and gas went to 4 dollars a gal. at that price we can pump oil from the west and make money .This is why bush did that and after they all made big money then it went down to a price that the west can still pump oil and make big money we used to pay 6 dollars a barrel of sweet crude.Now it is 75 and going up due to the greed now i must say it is not all the west but they are a part of it .Then we have USA companys over sea's buying the oil for a cheap price and they are the one's that sale it to the USA at a big profit.God it goes on and on .