Now Trump has said gas will go down to .99 per gallon. He said that’ll be like a tax break for the American people.
Trump predicts Saudi Arabia and Russia to make a deal.
I trust his instincts.
Both may be hosed anyway, if this keeps up. Traffic even here in the “Mid-South” is down by well over 50%. The lowest price I’ve seen so far tho’ is in WI (which overall is running quite low): There’s a station in Wautoma, WI at $.94, according to Gas Buddy. The “Casey’s” there is 0.97.
I’d be willing to bet that the US truly is “self sufficient” for oil at this point, or close to it. Hell of a way to get there.
I wonder what worldwide consumption is presently, compared to this time last year?