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To: bananaman22

Down over $5 in the last couple weeks - Saudi trying to regain price controls gave it the bump up and reality is returning.


2 posted on 11/02/2016 8:48:10 AM PDT by trebb (Where in the the hell has my country gone?)
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To: trebb
Here's what killed the price of oil: the sudden discovery of a LOT more natural gas supplies almost worldwide. Natural gas is so dirt-cheap now that they're already starting to make gasoline, diesel fuel and even motor oil from natural gas processed through catalytic crackers....

And transit companies worldwide are preparing to dump dirty diesel-fueled buses and taxis in favor of natural gas-fueled buses and taxis.

12 posted on 11/02/2016 9:17:42 AM PDT by RayChuang88 (FairTax: America's economic cure)
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