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GasBuddy News Article

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votes
Oil Falls as Mideast Supply Worries Fade

Fox Business -- Published August 29, 2013
Reuters

Brent crude slipped below $116 a barrel on Thursday, taking a breather after clocking its strongest 2-day gain since January 2012 over fears of oil-supply disruptions in the Middle East as western nations prepared to get involved in the Syrian conflict.

The West is gearing up for a military strike against Syria in response to last week's chemical weapons attack, although U.S. President Barack Obama faced new obstacles with British allies and U.S. lawmakers that could delay any imminent action.

Brent crude for October delivery was at $115.87, down 74 cents by 0313 GMT, after rising more than 5 percent in the last two sessions.


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Submitted Aug 30, 2013 By: RNCII
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Oil Falls as Mideast Supply Worries Fade Back to Topics
REPLIES (newest first) Post a Reply
grt197
Champion Author Illinois

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Message Posted: Sep 5, 2013 11:13:27 PM

Ok
WeiberBlitz
All-Star Author Indianapolis

Posts:928
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Joined:Sep 2011
Message Posted: Sep 4, 2013 10:47:38 PM

Oh, jeez.
grt197
Champion Author Illinois

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Points:511,130
Joined:Jan 2013
Message Posted: Aug 31, 2013 8:52:16 PM

Ok
ssect8
Champion Author Hartford

Posts:10,119
Points:2,495,965
Joined:Jun 2006
Message Posted: Aug 31, 2013 10:00:19 AM

Nothing new oil prices go up and down all the time.
BM4225
Champion Author Atlanta

Posts:13,087
Points:2,815,945
Joined:Aug 2006
Message Posted: Aug 31, 2013 7:43:18 AM

This use of gas is outrages, on the other hand it is a internal matter, and at this time I see no reason for us to stick our nose into it without the complete support of the world.
afghaned
Champion Author Ottawa

Posts:16,222
Points:2,060,515
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Message Posted: Aug 31, 2013 5:32:01 AM

USA playing world cop is to blame. Take care of your own problems Obama or is it easier to grab headlines???
jcurley
Champion Author California

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Message Posted: Aug 31, 2013 3:01:28 AM

Oh good. More "news" from the GOP propaganda outlet. I can't wait to ignore it.
tomok
Champion Author Portland

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Message Posted: Aug 31, 2013 2:56:24 AM

Oil Falls as Mideast Supply Worries Fade. Local gas prices have been going up slightly, I hope prices continue to hold or go down BUT there is a holiday coming up! Take care of the domestic fuel market first and above all else before exporting and selling fuel or natural gas to other countries!
Drive vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money.
The price of fuel at the pump is too high!
ThunderBird89
Champion Author Columbus

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Message Posted: Aug 31, 2013 2:37:03 AM

... and what does the mess in Syria have to do with the world price of anything?
alterman156
Champion Author New York

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Message Posted: Aug 31, 2013 2:26:59 AM

Oil prices should not be allowed to go too high.
MrLefty0706
Champion Author Chicago

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Message Posted: Aug 31, 2013 12:42:30 AM

Harness the greedy speculators and we will notvsee these spikes in oil prices.
heartbroken2010
Champion Author Ottawa

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Message Posted: Aug 31, 2013 12:15:15 AM

Funny, but gas prices have jumped up her this week.
boatfloyd
Champion Author Jacksonville

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Message Posted: Aug 31, 2013 12:14:53 AM

It's a guessing game.
ShadowACE
Champion Author Boston

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Message Posted: Aug 31, 2013 12:13:51 AM

Great news, but why are the prices surging upward here now? Many area stations are raising their prices as I type this...
gaspumpin
Champion Author Indiana

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Message Posted: Aug 31, 2013 12:13:14 AM

Prices not down here.
rahcat
Champion Author Grand Rapids

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Message Posted: Aug 31, 2013 12:08:57 AM

Worries Fade???????
obimerrill
Champion Author Cincinnati

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Message Posted: Aug 31, 2013 12:06:20 AM

Hopefully gas will go back down as well...we will see
pgerassi
Champion Author Milwaukee

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Message Posted: Aug 31, 2013 12:06:14 AM

ok
vibdata
Champion Author Massachusetts

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Message Posted: Aug 31, 2013 12:06:12 AM

It's called "The Daily Excuse." Why prices rose or fell and some ridiculous statement to prove why.
Glock26
Champion Author Dayton

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Message Posted: Aug 31, 2013 12:05:04 AM

O.K.
bolobill
Champion Author Michigan

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Message Posted: Aug 31, 2013 12:03:31 AM

ok
jerej829
Champion Author Memphis

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Message Posted: Aug 31, 2013 12:03:25 AM

ok
Aviator_Rob
Champion Author New York

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Message Posted: Aug 30, 2013 11:59:26 PM

"few get into on Barrack Obama say so the American people should impeach right out of office before he gets any more American killed. Oh! he got us out Iraq okay and get us into something else, remember he doesn't care what he does this is is last term and none of his kids will be going into combat"

I'm sorry, but it's hard to take the substance of comments like this seriously when it contains such poor grammar. Is there a complete sentence in there somewhere?
DustyHorse
Champion Author Virginia

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Message Posted: Aug 30, 2013 11:56:53 PM

It was an overreaction anyhow.
rastaman215
Champion Author Ann Arbor

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Message Posted: Aug 30, 2013 11:55:53 PM

Well they were not really worried but needed another excuse to stick it to the consumer. The US is currently exporting more oil than importing oil. Nobody screws the American Consumer like Big Oil!
malish011
Veteran Author Sacramento

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Message Posted: Aug 30, 2013 11:54:31 PM

ok
STLCARDSNATION
Champion Author Illinois

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Message Posted: Aug 30, 2013 11:54:20 PM

WE SHALL SEE!
Blue48
Champion Author Illinois

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Message Posted: Aug 30, 2013 11:54:09 PM

ARE YOU SURE!
FlyNFool
Champion Author South Carolina

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Message Posted: Aug 30, 2013 11:53:46 PM

Move along folks, nothing to see here,
Aviator_Rob
Champion Author New York

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Message Posted: Aug 30, 2013 11:53:11 PM

"Drill here, drill now, drill often."

Sorry but "We are. We are, and We are." Too bad that Big Oil just exports it all away and the price of gas here still stays high.
MDTDriver
Champion Author California

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Message Posted: Aug 30, 2013 11:51:39 PM

Gas is going down around my home for days.
Aviator_Rob
Champion Author New York

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Message Posted: Aug 30, 2013 11:51:15 PM

"Crude stocks at Cushing, Oklahoma, have dropped 26 percent since the end of June to 36.59 million barrels, falling 837,000 barrels last week."

That's because Big Oil is pushing that crude out to the refineries on the coast where the petroleum products can be exported away for top dollar.
PoohMcGoo
Champion Author Alabama

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Message Posted: Aug 30, 2013 11:50:01 PM

Ok
clermont40miles
Champion Author Cincinnati

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Message Posted: Aug 30, 2013 11:49:57 PM

Oil falls and our pump prices shot up 40cts/gal.
snky2k
Champion Author Indianapolis

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Message Posted: Aug 30, 2013 11:47:08 PM

Hats off to the British for having enough sense to say "NO!" to Obama on this insanity.
WIWalt
Champion Author Wisconsin

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Message Posted: Aug 30, 2013 11:40:53 PM

Oil is going down, gas is going up. What's new
Ken825
Champion Author Pennsylvania

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Message Posted: Aug 30, 2013 11:40:34 PM

It won't stay down, who they trying to kid. Gasoline is still up $.11/gal here since Monday.
MusicalMan7
All-Star Author Ohio

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Message Posted: Aug 30, 2013 11:38:43 PM

And yet, another article here just said prices are rising due to fears of war due to Syria.
HBC1972
All-Star Author Minnesota

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Message Posted: Aug 30, 2013 11:37:42 PM

Politics in Washington costs us
flyfast
Champion Author Kansas City

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Message Posted: Aug 30, 2013 11:37:38 PM

same old games
bojiway1
Champion Author Minnesota

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Message Posted: Aug 30, 2013 11:36:01 PM

what is our international policy
hskerven
Sophomore Author Wisconsin

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Joined:Jan 2013
Message Posted: Aug 30, 2013 11:35:32 PM

So shouldn't gas prices be going down then?
bullseye100
Champion Author New Jersey

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Message Posted: Aug 30, 2013 11:34:04 PM

Oil is going down, gas is going up. What's wrong with this picture?
cutter1330
Champion Author Oklahoma

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Message Posted: Aug 30, 2013 11:29:10 PM

MY oil is headed up not down....
Ferdman17
Champion Author Albany

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Message Posted: Aug 30, 2013 11:27:37 PM

Keep dropping
morris53659
Champion Author South Bend

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Message Posted: Aug 30, 2013 11:24:51 PM

More games against we the people.
LKnight598
Champion Author South Carolina

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Message Posted: Aug 30, 2013 11:19:53 PM

I'm sure it will be going up soon.
mstearno
Champion Author Dayton

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Message Posted: Aug 30, 2013 11:18:44 PM

not enough
IUVidiot
Champion Author Indiana

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Message Posted: Aug 30, 2013 11:16:32 PM

ok
Keepingoin
Champion Author Illinois

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Message Posted: Aug 30, 2013 11:14:02 PM

If they can get away with it they will.
Gas4Gore
Champion Author Detroit

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Joined:Jan 2010
Message Posted: Aug 30, 2013 11:13:31 PM

Drill here, drill now, drill often.
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