Price For A Large Pizza: $14.99. Price For A Barrel Of Oil In The United States: $11.50

Oil Price ^ | 04/20/20

[BwanaNdege]

The price if AvGas is mostly for the cost of certifying the separate production processes, shipping containers and documentation.

All for a fuel type that is a minuscule portion of total production.

Get an engine with an STC for MoGas, or one that runs on Jet A/JP-5/AvTur

[minnesota_bound]

$1.75 in Minneapolis, Minnesota area.
$2.63 in San Fernando valley near Loss Angeles, California.
Difference is taxes. High taxes that pay the big pensions for gov’t workers and not to fix the roads as promised.

[Mr. Rabbit]

I paid $1.19/gal at Costco last Friday here in NM.

[grey_whiskers]

Price for Nancy's Ice Cream: $12/pint

A barrel of oil costs more than a PINT of Nancy's Ice Cream.

[donozark]

79 cents in Poplar Bluff, Missouri. 94 cents in Neosho, Missouri. And that was before todays crash in oil prices...

[grey_whiskers]

I paid $1.24.9 at Costco on Saturday.

48.9 cents of that was Federal and State Taxes.

So the gas itself was 0.78 / gallon.

Cheaper than bottled water; far cheaper than milk.

[TexasTransplant]

$1.62 per gallon for reg ... $2.11 for diesel here in South TEXAS

[Oil Object Insp]

Yawn if you want, the gather may be different that you think.
Long gave? That too, might not be the case. We may not have time to play the long game.

Oil producers have two options, produce at a loss, or quit.

Those few who have contacts or even better, agreements and working relations with buyers may have time. It will be a finite amount, and it will not be too long

Those that stop may not be able to produce again without significant startup problems and costs.

Some of the people still working in the fields are shutting wells in.

The pendulum is going to swing back the other way, and it will not be a soft swing.

[LastDayz]

“1 gallon of milk costs more than 1 gallon of gas. Never thought I would see that again in my lifetime...I’m 60”

Or a loaf of bread.