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Oil takes a beating on lousy jobs report, $2.99 in SC!

GasBuddy Blog -- You might hear it on the evening news tonight. You might already be watching it on your computer. The price of crude oil took a beating today after a worse-than-expected jobs report showed far fewer jobs added to the economy than was expected. Couple that with more people leaving the work force, and its a recipe for disaster.

Oil prices are closing out the week at their lowest levels in months, and motorists all over the country will soon be enjoying falling gasoline prices, if they haven't been already. Even previous problems on the West Coast don't have much weight compared to a significant outlook on the economy like a jobs report. Sure, BP's Cherry Point, WA refinery is back online, but supply tightness lingers. Apparently that...

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Submitted Jun 01, 2012 By: PD
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Author Topic: Oil takes a beating on lousy jobs report, $2.99 in SC! Post a Reply Back to Topics
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FFM
Sophomore Author Twin Cities

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Message Posted: Jun 4, 2012 8:46:41 AM
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The people at the pump are the ones taking a beating! The price at the pump needs to take a beating!
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mreiff
Champion Author Louisville

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Message Posted: Jun 4, 2012 8:46:36 AM
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I wish it were that low here, we weem to be stuck around $3.50.
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Red7002011
Champion Author Mississippi

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Message Posted: Jun 4, 2012 8:45:57 AM
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Really!
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Soglaos
Champion Author Virginia Beach

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Message Posted: Jun 4, 2012 8:43:46 AM
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Repeat
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JWHITE1937
Champion Author Massachusetts

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Message Posted: Jun 4, 2012 8:43:31 AM
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Good
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mh44s
Champion Author Madison

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Message Posted: Jun 4, 2012 8:43:01 AM
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Gas prices are still high here.
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my2002m
Champion Author Tulsa

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Message Posted: Jun 4, 2012 8:41:47 AM
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This article is getting really old after three days.
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cableman31
Champion Author New York

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Message Posted: Jun 4, 2012 8:41:01 AM
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More old news. Keep up the good work GasBuddy
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Hunter724
Champion Author New Hampshire

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Message Posted: Jun 4, 2012 8:40:54 AM
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Let the pump price crash....
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GPCPilot
Veteran Author Miami

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Message Posted: Jun 4, 2012 8:40:22 AM
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Darn, that means the oil companies will only make a few billions in profits this year. What a pitty...
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RobertSpratt
Champion Author Virginia Beach

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Message Posted: Jun 4, 2012 8:39:57 AM
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Thanks Osama Obama
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SSchmidty
Champion Author Illinois

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Message Posted: Jun 4, 2012 8:39:10 AM
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Old news...next!
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jimmy544
Champion Author Boston

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Message Posted: Jun 4, 2012 8:38:48 AM
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Yesterdays news.
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ljmh
Champion Author Akron

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Message Posted: Jun 4, 2012 8:38:38 AM
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Again ok
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EMoe57
Champion Author Jacksonville

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Message Posted: Jun 4, 2012 8:38:21 AM
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old news
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Mariuxus
Champion Author Chicago

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Message Posted: Jun 4, 2012 8:37:45 AM
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old...again...
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plbell627
Champion Author Dayton

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Message Posted: Jun 4, 2012 8:37:43 AM
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OLD NEWS get NEW ARTICLES
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clww
Champion Author Virginia

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Message Posted: Jun 4, 2012 8:37:39 AM
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olds
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TheSicilian
Champion Author Jacksonville

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Message Posted: Jun 4, 2012 8:37:23 AM
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bad reason but glad prices are down
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cheli2010
All-Star Author Twin Cities

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Message Posted: Jun 4, 2012 8:37:13 AM
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how about Big Oil companies taking a bigger hit and saving the consumers some money at the pumps.
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bowler360
Champion Author Illinois

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Message Posted: Jun 4, 2012 8:37:05 AM
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Saw this Saturday and Sunday. Old news.
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Kato51
Champion Author Atlanta

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Message Posted: Jun 4, 2012 8:36:53 AM
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Why doesn't the price of gas take a similiar beating?
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Hi1
Champion Author Ontario

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Message Posted: Jun 4, 2012 8:35:34 AM
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Still not coming down here in Greater Sudbury.
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MadEJ
Champion Author Hartford

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Message Posted: Jun 4, 2012 8:35:19 AM
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Holy cow, I'm taking a beating every time I pull up at the pumps
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GPD1739P
Champion Author Illinois

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Message Posted: Jun 4, 2012 8:35:09 AM
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Time to move to SC!
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freddel
Veteran Author Minnesota

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Message Posted: Jun 4, 2012 8:34:37 AM
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need jobs
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flyfast
Champion Author Kansas City

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Message Posted: Jun 4, 2012 8:33:26 AM
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we are taking a beating on gas and jobs
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Wildman14
Champion Author Virginia

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Message Posted: Jun 4, 2012 8:32:53 AM
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Still too high for what it really costs.
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tomok
Champion Author Portland

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Message Posted: Jun 4, 2012 8:32:36 AM
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Lower fuel prices needed to help stimulate the economy! Fuel prices are very slightly dropping at the pump due to the Cherry Point refinery (WA) being back in operation! So much for 'coming out of the closet' Barry's huge disastrous economic recovery, lack of adequate jobs and people will still vote for him! It's Unbelievable and Amazing how these people are led around!
Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. Consider using other forms of less expensive transportation to lower your cost, if possible!
The price of fuel at the pump is too high!
12/22/2012!
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CharlieC08
Champion Author Colorado

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Message Posted: Jun 4, 2012 8:31:57 AM
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Fire Obummer soon!
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FocusGuy
Champion Author Seattle

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Message Posted: Jun 4, 2012 8:31:52 AM
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yup
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sailfreeMI
Champion Author Michigan

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Message Posted: Jun 4, 2012 8:31:42 AM
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Wasn't really news when I read this 3 days ago....
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BeaconLite
Champion Author Ottawa

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Message Posted: Jun 4, 2012 8:31:01 AM
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Give that oil a beatin downwards
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TWS658
Champion Author Portland

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Message Posted: Jun 4, 2012 8:30:50 AM
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Ok.
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Steady325
Champion Author Orange County

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Message Posted: Jun 4, 2012 8:30:04 AM
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still 415 in calif
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katmandue
Champion Author Detroit

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Message Posted: Jun 4, 2012 8:29:53 AM
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And the teapartiers/GOBPers cheer wildly" we are doing it we are making Obama look bad that means we will win the White House!"
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jcotaxi
Champion Author South Bend

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Message Posted: Jun 4, 2012 8:29:04 AM
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Obama promised a "laser-like focus" on job creation two and a half years ago. That was all hot air!
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W4YAH
Champion Author Florida

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Message Posted: Jun 4, 2012 8:28:49 AM
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Hopefully, the downward trend continues.
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Rick01
Champion Author Utah

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Message Posted: Jun 4, 2012 8:28:15 AM
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Still hasn't dropped here.
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SmokeFan14
Champion Author St. Louis

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Message Posted: Jun 4, 2012 8:28:10 AM
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OK
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Michaels2011
Champion Author Florida

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Message Posted: Jun 4, 2012 8:27:35 AM
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Old news
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kyrunner
Champion Author Lexington

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Message Posted: Jun 4, 2012 8:26:57 AM
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I sure hope the blood letting on the stock market doesn't continue today and this week. A lot of people's retirement funds are going up in smoke along with a worse economy!
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treehood
Champion Author San Diego

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Message Posted: Jun 4, 2012 8:26:33 AM
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see earlier comment ;)
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salog
Champion Author Columbia

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Message Posted: Jun 4, 2012 8:26:00 AM
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go SC
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METEOR49
Champion Author Ontario

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Message Posted: Jun 4, 2012 8:25:21 AM
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what do you think attributed to that bad job report ? the raping of the motoring public by pig oil surely helped .
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rnlunder
Champion Author Waco

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Message Posted: Jun 4, 2012 8:24:45 AM
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LIMIT THESE ARTICLES TO APPEAR FOR A MAXIMUM OF 24 HOURS....This crap is getting irritating NOW!!
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RocketGeek
Champion Author Grand Rapids

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Message Posted: Jun 4, 2012 8:24:42 AM
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Sort of old news now.
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Moops8921
Sophomore Author Chicago

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Message Posted: Jun 4, 2012 8:24:26 AM
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Gas prices dropping slowly versus oil prices. More bonuses for big oil ceo's.
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papou
Champion Author Tampa

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Message Posted: Jun 4, 2012 8:23:47 AM
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Still over 3.39
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Drill4Petro
Champion Author Illinois

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Message Posted: Jun 4, 2012 8:23:46 AM
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Rising US Dollar helps push crude lower.
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Hop1LA
Champion Author Baton Rouge

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Message Posted: Jun 4, 2012 8:23:39 AM
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Old blog post
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BrucePen
Champion Author Ontario

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Message Posted: Jun 4, 2012 8:23:14 AM
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Old news
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