This topic contains 9 replies, has 8 voices, and was last updated by 743 roadmaster 1 year, 7 months ago.
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Collapse of Russia-Saudi Oil Deal Could Push Prices Down
It’s rare the economics trumps geopolitics in the Middle East, but it may pay off at the pump.
As the market reaction to the strikes on Syria demonstrated, increased tensions in the Middle East often force oil prices higher. Until some easing of the markets Thursday, crude had been trading at the highest level in more than three years.
———Russia is in the middle of a massive military upgrade. Saudis have several wars going on directly or indirectly. Both of which would like to see the US production drop could dump crude ending a lot of US production and dropping the price at the pump.
mgtow is its own worst enemy- https://www.campusreform.org/
No I like the high prices, keep the idiots off the road.
Your 20's are for learning, your 30's are for earning.
I hate oil just because of the monopoly, anything, I would accept even use a car fueled by uranium, just to don’t give any money to those f~~~ers controlling the oil market out there.
Good that the price is lowering, but is a reminder about how much we depend on those people.
The lower the prices the better it is for Trump.
A MGTOW is a man who is not a woman's bitch!
Anonymous42Now to time it right on filling my oil tanks!
There is a reason why Gas never overall in the US goes over 5 bucks a gallon. Alcohol then becomes competitive and so do electric cars and Propane, hydrogen , Biodiesel etc.
This is also a problem since electricity follows closely with gas prices. This also makes things lie Solar and Wind power make sense to mass produce and install.
The government does not want people to be self sufficient. That is why there is such a push for Urbanization.
The good thing with gas prices being so low is that you are going to see much more economic boom from that as people will spend their money on other things.
Also, if gas gets cheaper, then ethanol s going to tank. If it was not for the Mandatory Government meddling. That s~~~ would be dead already.
Also, with the gas prices high, VW sold S~~~ TONS of Diesels cars. And that is another thing that the US does not want. US consumers saving to much money is bad for profits. As it is, some people don’t fill up their tanks for 3 months while living in urban areas.
Imagine that 5-20 mile commute with a Hybrid diesel? There goes the profits from Big oil.
You are all alone. If you have been falsely accused of RAPE, DV, PLEASE let all men know about the people who did this. http://register-her.net/web/guest/home
https://www.wsj.com/articles/oil-is-fast-approaching-70-is-the-economy-ready-for-it-1524394800
Oil Is Fast Approaching $70. Is the Economy Ready for It?
Prices are seen in a range that could benefit the U.S. economy by bolstering the recovering energy industry without curtailing demand
——–lot of interesting material in the article.
mgtow is its own worst enemy- https://www.campusreform.org/
There goes the profits from Big oil.
Gas around me right now is about 2.85 per gallon.
While that gas is being produced, you have a lot of people making a living extracting it from the ground, transporting it to a refinery, refining it, transporting it to some form of distribution center, power plant, or retailer, people working at said distribution centers, power plants, and retailers, and all the owners, shareholders, and workers at those places all manage to make money off it while bringing you gas to the pump at about 2.00 a gallon.
But wait…I said gas around me cost about 2.85 right now…where does the other 85 cents go? Right to the federal and state government. Let’s get the pitch forks ready so we can get angry at the energy industry while we get bent over with nearly a 50% tax rate lol. Meanwhile my states in the process of reinstalling toll booths because they are unable to gouge as hard enough at the pump as more people shift to higher mileage cars and electric cars to avoid high gas prices.
Back to $3.49 for Premium Gas here in Dallas. Seems to be inching up and up lately.
https://www.gasbuddy.com/
http://www.gaspricewatch.com/2.55 for regular here.
mgtow is its own worst enemy- https://www.campusreform.org/
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