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Topic:
fuel demand fell 17.6 million barrels lowest level since 1999
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SoBaKi
Posts: 487
Registered: 2002-2-26 09:31:13
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Date Posted:
1/1/00 12:00am
Subject:
fuel demand fell 17.6 million barrels lowest level since 1999
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Blue_arrow posted:
Average Regular Unleaded Price $1.13 in 1999
You're pretty much a phucking idiot.
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"Do what you can, where you are, with what you have." - Teddy Roosevelt
Know god, know sin. No god, no sin.
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Desnoxvu
Posts: 363
Registered: 2002-3-21 11:48:50
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Date Posted:
1/1/00 12:00am
Subject:
fuel demand fell 17.6 million barrels lowest level since 1999
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The FED just got caught handing out another 15 trillion to their buddies. The dollar is going to continue it's descent. Soon we will be dreaming about the days when gas was just $3 a gallon.
Also, India and China have now agreed to buy Iran's oil using gold rather than dollars. Iran is a big player in OPEC so we might see the other OPEC countries follow suit. If anyone here invests it would be wise to buy gold now before it spikes.
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Ron Paul 2012
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SoBaKi
Posts: 487
Registered: 2002-2-26 09:31:13
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Date Posted:
1/1/00 12:00am
Subject:
fuel demand fell 17.6 million barrels lowest level since 1999
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imaloon1 posted:
Production costs are rising.....
And net returns are dropping....
That simple enough for ya'll to come to terms with?
Damn those record breaking profits from Exxon, they're not playing by the rules.
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"Do what you can, where you are, with what you have." - Teddy Roosevelt
Know god, know sin. No god, no sin.
Dogs are animals.
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Brother_Tempus
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
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Date Posted:
1/1/00 12:00am
Subject:
fuel demand fell 17.6 million barrels lowest level since 1999
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Blue_arrow posted:
Average Regular Unleaded Price $1.13 in 1999
Those are 1999 dollars ... the 2012 dollar has a lot less purchasing power due to overprinting by the Fed than the dollar in 1999
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You win ACF, dude - Osmenthe
BT is usually right - Onslaught
i think we need more BT on page 1 - FighterUSAF
Yep, BT is right - Aerlinthian
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SoBaKi
Posts: 487
Registered: 2002-2-26 09:31:13
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Date Posted:
1/1/00 12:00am
Subject:
fuel demand fell 17.6 million barrels lowest level since 1999
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Don't let population get in the way of your craziness.
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"Do what you can, where you are, with what you have." - Teddy Roosevelt
Know god, know sin. No god, no sin.
Dogs are animals.
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Szerek
Posts: 338
Registered: 2000-8-8 09:26:09
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Date Posted:
1/1/00 12:00am
Subject:
fuel demand fell 17.6 million barrels lowest level since 1999
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Brother_Tempus posted:
Blue_arrow posted:
Average Regular Unleaded Price $1.13 in 1999
Those are 1999 dollars ... the 2012 dollar has a lot less purchasing power due to overprinting by the Fed than the dollar in 1999
If you ready my previous post you would see that $1.13 in 1999 SKYROCKETS to a near unbelievable $1.54 in 2012 dollars. That increase is so staggering it almost blows the mind.
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"The reason they call it the American Dream is because you have to be asleep to believe it."
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- George Carlin
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Scarne
Title: Capo di Scientifico
Posts: 1,087
Registered: 2001-7-23 15:24:34
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Date Posted:
1/1/00 12:00am
Subject:
fuel demand fell 17.6 million barrels lowest level since 1999
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Szerek posted:
Brother_Tempus posted:
Those are 1999 dollars ... the 2012 dollar has a lot less purchasing power due to overprinting by the Fed than the dollar in 1999
If you ready my previous post you would see that $1.13 in 1999 SKYROCKETS to a near unbelievable $1.54 in 2012 dollars. That increase is so staggering it almost blows the mind.
It is still a 36% increase.
But BT is probably talking about how valuable the dollar is relative to gold, not the normal inflation numbers most people use. I would guess the the price for an ounce of gold went up by more than 36% between 1999 and 2012. 
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E Pluribus Unum
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cabbyman
Posts: 441
Registered: 2003-1-6 07:48:53
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Date Posted:
1/1/00 12:00am
Subject:
fuel demand fell 17.6 million barrels lowest level since 1999
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Thanks a lot Obama!!!!!!1 
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Brother_Tempus
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
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Date Posted:
1/1/00 12:00am
Subject:
fuel demand fell 17.6 million barrels lowest level since 1999
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Szerek posted:
Brother_Tempus posted:
Blue_arrow posted:
Average Regular Unleaded Price $1.13 in 1999
Those are 1999 dollars ... the 2012 dollar has a lot less purchasing power due to overprinting by the Fed than the dollar in 1999
If you ready my previous post you would see that $1.13 in 1999 SKYROCKETS to a near unbelievable $1.54 in 2012 dollars.
No , you are counting the "government's number" for inflation ... nowhere even close to the reality as we are seeing now. The correct estimation of inflation has gas being $3.61 in 2012 dollars
Souorce : http://www.halfhill.com/inflation.html [ set it for shadowstats } and you will see who is really tracking the true rate of rising prices and who is lying
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You win ACF, dude - Osmenthe
BT is usually right - Onslaught
i think we need more BT on page 1 - FighterUSAF
Yep, BT is right - Aerlinthian
Got guns & ammo? Food? Precious metals?
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theredkay1
Posts: 611
Registered: 2008-5-16 10:37:09
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Date Posted:
1/1/00 12:00am
Subject:
fuel demand fell 17.6 million barrels lowest level since 1999
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Lets say a widget costs $5.00 in 2010.
In 2011 a widget is 5% better at widgeting and it costs $5.05.
Is this inflation?
In 2012 the widget is unchanged, but a parts shortage in Asia along with increased demand from new buyers in India drives prices to $5.25.
Is this the fault of the Fed?
You are going to get both of these wrong. 
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