Excerpted for Reuters
Speculators driving down the price of oil? How could that happen? < /sarc>
1 posted on
10/06/2014 7:05:22 AM PDT by
thackney
Click charts for data source
2 posted on
10/06/2014 7:09:27 AM PDT by
thackney
(life is fragile, handle with prayer.)
To: thackney
Not sure about a ‘glut’, but local gas prices at 6 of the 8 local stations have dropped under the $3.00 mark for the first time in over a year. They currently range from $2.94 to 3.08.
3 posted on
10/06/2014 7:18:36 AM PDT by
TomGuy
To: thackney
“Speculators driving down the price of oil? “
I demand immediate hearings. Let’s get Sheila Jackson-Lee and other oil experts in this pronto!
Oh, did I say “Pronto”? Perhaps that’s racist. In the case of S-J-L, I must have meant “Bronto”.
5 posted on
10/06/2014 7:36:42 AM PDT by
Attention Surplus Disorder
(At no time was the Obama administration aware of what the Obama administration was doing)
To: thackney
Could it have something to do with the rise of the dollar in global currency markets?
8 posted on
10/06/2014 7:51:52 AM PDT by
chajin
("There is no other name under heaven given among people by which we must be saved." Acts 4:12)
To: thackney
This turn is due largely to U.S. refiners expanding their capacity this year far more than expected Expected by whom? Do refineries expand in secret?..................
10 posted on
10/06/2014 8:01:03 AM PDT by
Red Badger
(If you compromise with evil, you just get more evil..........................)
To: thackney
Lots of refinery expansions here in SE Texas.
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