Fuel wasn’t high enough for long enough, and people still had some money in their pockets.
Looking at credit card debt, this next go around of high gas prices should be more impactful.
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Price Check in the Gas and Diesel Aisle...
- Thread starter BullGear
- Start date
Fuel wasn’t high enough for long enough, and people still had some money in their pockets.
Looking at credit card debt, this next go around of high gas prices should be more impactful.
Well, he’s an idiot and hates America.
China And Russia Look To Challenge The Petrodollar | OilPrice.com
The new geopolitical alliances, where China and Russia are working to oppose a U.S.-led global order, could undermine the petrodollar
oilprice.com
Buy high and sell cheap.
After saying it would take years to refill the SPR, U.S. Energy Secretary Jennifer Granholm is now saying that the Biden Administration plans to refill the SPR soon.
According to Secretary Granholm, the Biden Administration hopes to refill the SPR at lower oil prices yet this year—provided it is advantageous to taxpayers.
oilprice.com
After saying it would take years to refill the SPR, U.S. Energy Secretary Jennifer Granholm is now saying that the Biden Administration plans to refill the SPR soon.
According to Secretary Granholm, the Biden Administration hopes to refill the SPR at lower oil prices yet this year—provided it is advantageous to taxpayers.
U.S. To Refill SPR This Year If Advantageous | OilPrice.com
After saying it would take years to refill the SPR, U.S. Energy Secretary Jennifer Granholm is now saying that the Biden Administration plans to refill the SPR soon
oilprice.com
all talk, they won't refill it. At least not until one of the HUGE DNC investors buys oil contracts so they can make HUGE moneyBuy high and sell cheap.
After saying it would take years to refill the SPR, U.S. Energy Secretary Jennifer Granholm is now saying that the Biden Administration plans to refill the SPR soon.
According to Secretary Granholm, the Biden Administration hopes to refill the SPR at lower oil prices yet this year—provided it is advantageous to taxpayers.
U.S. To Refill SPR This Year If Advantageous | OilPrice.com
After saying it would take years to refill the SPR, U.S. Energy Secretary Jennifer Granholm is now saying that the Biden Administration plans to refill the SPR soon
U.S. Gasoline Prices Rise To 5-Month High | OilPrice.com
U.S. gasoline prices rose for the third week in a row, rising $.076 per gallon from a week ago to $3.65 per gallon yesterday, new GasBuddy data showed
oilprice.com
87 octane = PHX is around 5.00 right now; I'd love to see 3.65 or 3.85U.S. Gasoline Prices Rise To 5-Month High | OilPrice.com
U.S. gasoline prices rose for the third week in a row, rising $.076 per gallon from a week ago to $3.65 per gallon yesterday, new GasBuddy data showed
Drive 100 miles, price drops a buck.
this past week price of regular jumped ten cents per gallon. Went from $3.39 to $3.49 here in New Jersey.
Maxwell
Maxwell
You know iit's bad when you have a dream about $2.45 per gallon gas pricing. Yep, I had a dream last night I drove past a gas station who had gas for $2.45.
I need to get a life.....
I need to get a life.....
I'd be happy with 4... at this point in the game. 5.00 in PHX, AZ..fk'n bs. I can drive 50 miles south and fill up for 4.10
11:50 ish in the video below
Biden is opening up land leases in the Gulf of Mexico for oil and gas drilling.
Biden is opening up land leases in the Gulf of Mexico for oil and gas drilling.
elections are coming up........Biden needs to tell people, he's pro drilling; just look at how he's opening up leasing..
what he won't tell you......... is he'll have the EPA writing regulations that the drilling will never happen.
Democrat voters and other idiots will believe him, and ignore his last 40 years of voting history.
Well, that was fast, went up to $3.59 from $3.49. In one week it has gone up 20 cents.
Maxwell
Maxwell
Went up to $3.30 here from the 3.20 it had been for maybe 5-6 months.
Right now WTI is $68.71 and seems to be falling fast (expect *something* to happen and force it back up in the next day or two) so there might be a swing back down at the pump.....maybe.....nah, who am I kidding ?
Right now WTI is $68.71 and seems to be falling fast (expect *something* to happen and force it back up in the next day or two) so there might be a swing back down at the pump.....maybe.....nah, who am I kidding ?
Tanker siezures?? US has snagged one and Iran grabbed 2 in the last week or so???
Has hardly any main stream media coverage.
U.S. Seizes Iranian Oil From Tanker | OilPrice.com
The United States recently confiscated a cargo of Iranian crude oil from a tanker at sea, according to a maritime security company
oilprice.com
Concerns about the economy and new banking sector jitters have sent oil traders rushing for the exits and cutting their bullish bets on crude oil again.
As more speculators leave the market – with open interest in U.S. crude oil futures at its lowest in three years – prices are set for more extreme volatility.
WTI Crude, the U.S. benchmark, saw the biggest drop in the net long position – the difference between bullish and bearish bets – in six weeks in the week to May 2, data from the U.S. Commodity Futures Trading Commission (CFTC) showed on Friday.
oilprice.com
As more speculators leave the market – with open interest in U.S. crude oil futures at its lowest in three years – prices are set for more extreme volatility.
WTI Crude, the U.S. benchmark, saw the biggest drop in the net long position – the difference between bullish and bearish bets – in six weeks in the week to May 2, data from the U.S. Commodity Futures Trading Commission (CFTC) showed on Friday.
Oil Price Volatility Will Only Get More Extreme | OilPrice.com
Economic concerns have sent oil traders rushing for the exit and increased the likelihood of extreme volatility in oil prices.
oilprice.com
Lol. I remember when all the oil bulls were claiming $200 per barrel while I was constantly building my short position in the $120’s.
I remember those days. You had good intuition. Do you think the "debt ceiling" will have any effect on the price of oil ?...Lol. I remember when all the oil bulls were claiming $200 per barrel while I was constantly building my short position in the $120’s.
All I am seeing is volatility of the price of oil. The kind of volatility that never helps us at the pump.
I see a lower price coming as the recession finally happens.
I knew oil wasn’t going to $200, especially before Krimuss because it would have politically wrecked our anointed ones.
Lower oil prices keep the poors from revolting.
A gallon of regular gasoline is right at $4 in Central Oregon.
Up about $.60 a gallon from last month.
Up about $.60 a gallon from last month.
$3.09 in Derby, Ks. Tuesday when I filled up
I'll be honest with you, I still have 7/8 of a tank of gas when I filled up almost 2 months ago. With the health issues I've been having, I don't drive much at all. I drove today to a doctor's office but I put less than 20 miles on my truck. At this rate, I won't have to fill up again until the week of the 4th of July. haha
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Looks like Warren thinks the oil companies will produce less oil and charge more for it.
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www.reuters.com
Berkshire Hathaway boosts stake in Occidental Petroleum to 24.4%
Berkshire Hathaway Inc said on Thursday it had acquired more shares of Occidental Petroleum Corp , boosting its stake in the oil company to 24.4%.
www.reuters.com
A 1 day promotion at Valero today. Diesel 2.80 it was 3.20 a few days ago Near Galveston
gas in PHX - 87 octane still holding at 4.89 - 4.99 a gallon
Diesel - 4.59 a gallon
Diesel - 4.59 a gallon
WTI below $70 / bbl
| WTI Crude • | 69.51 | +0.05 | +0.07% |
| Brent Crude • | 73.64 | +0.10 | +0.14% |
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Gas prices haven't changed in about a month here in my area of Maryland.
OPEC+ Discussing 1 Million Bpd Output Cut | OilPrice.com
Oil prices were trading up on Friday afternoon as shorters got a little nervous heading into the OPEC+ weekend, with new rumors circulating about the group’s discussions about another 1 million bpd in production cuts
oilprice.com
| WTI Crude • | 73.90 | +2.16 | +3.01% |
| Brent Crude • | 78.26 | +2.13 | +2.80% |
Oil prices jumped following OPEC kingpin Saudi Arabia’s decision to cut production by another million barrels per day.
On Sunday, the Organization of the Petroleum Exporting Countries and its partners — collectively known as OPEC+ — made no changes to its planned oil production cuts for this year, but coalition chair — and de-factor leader — Saudi Arabia announced further voluntary declines. The cuts will be implemented from July.
https://www.cnbc.com/2023/06/05/opec-oil-prices-pop-after-saudi-arabia-pledges-production-cuts.html
| WTI Crude • | 69.38 | -0.79 | -1.13% |
| Brent Crude • | 73.96 | -0.83 | -1.11% |
Traders Aren’t Buying The Oil Deficit Story | OilPrice.comOil has largely given up its OPEC+ output cut gains as the leading narratives in oil markets remain recession fears and demand concerns
oilprice.com
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