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How Much Will Gas Prices Go Up as OPEC Slashes Oil Production?
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Posted on 10/06/2022 7:47:34 AM PDT by MNDude

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To: SaxxonWoods

Get the price down to $1.19 by selling it by the liter. If it’s good enough for the Euros...

Democrats & media morons will celebrate cheap gas!


61 posted on 10/06/2022 10:00:49 AM PDT by citizen (Thieves of private property pass their lives in chains; thieves of public prop. in riches and luxury)
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To: ping jockey

I’ve had my share of fast street cars. I now have an offroad sandcar with 800+hp and I was going to sell it and the wife said no way. She loves to go fast. Sounds like you got a good one also. Go out and have the time of your lives. Its fun.


62 posted on 10/06/2022 10:01:21 AM PDT by US_MilitaryRules
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To: MNDude

As high as this administration wants it to.


63 posted on 10/06/2022 10:02:43 AM PDT by SkyDancer ( I make airplanes fly, what's your super power?)
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To: FlipWilson

And a solar powered clothes dryer (50 foot line of rope).


64 posted on 10/06/2022 10:30:05 AM PDT by Vaduz ( )
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To: desertsolitaire

Epoch Times quotes an oil industry exec today saying North America could unleash 20 million barrels per day if the feds got out of the way.

Ten times what opec is cutting.


65 posted on 10/06/2022 10:44:33 AM PDT by Uncle Miltie (Who was Ashli Babbitt?)
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To: ping jockey

Well there you go, and I like the attitude. We do similar things. Having fun is the best outlet.


66 posted on 10/06/2022 11:02:39 AM PDT by SaxxonWoods (The only way to secure your own future is to create it yourself.)
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To: SaxxonWoods

Fall is the traditional quiet time for our economy
..........................................

Oct. 24, 1929
Oct. 19, I987
Oct. 13, 1989
Oct. 9, 2002
Oct. 11, 2007
Sept.16, 2008

https://en.m.wikipedia.org/wiki/List_of_stock_market_crashes_and_bear_markets


67 posted on 10/06/2022 11:03:09 AM PDT by Roccus (First we beat the Nazis........Then we defeated the Soviets....... Now, we are them.)
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To: Uncle Miltie

Yes, oil companies would respond, that’s how they make a living. We would never have gotten into this situation in the first place if the govt had stayed out of the way.


68 posted on 10/06/2022 11:06:08 AM PDT by SaxxonWoods (The only way to secure your own future is to create it yourself.)
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To: Roccus

The stock market looks 6-9 months ahead.

Now list all the years a crash didn’t happen. It will run down off the page.


69 posted on 10/06/2022 11:07:50 AM PDT by SaxxonWoods (The only way to secure your own future is to create it yourself.)
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To: SaxxonWoods

Yet six of the thirteen since 1929 have occured in the fall....but, whatever.


71 posted on 10/06/2022 11:13:48 AM PDT by Roccus (First we beat the Nazis........Then we defeated the Soviets....... Now, we are them.)
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To: Roccus

The stock market and people’s activities are two different things. Talk to any retailer. People spend less and do less in October and that’s what I was talking about. It’s the middle of the lull between summer and the Christmas season.

You and I aren’t arguing, we are just talking past each other. I’m well aware of historical stock market action in October, I’ve been in the stock market since 1979.


72 posted on 10/06/2022 11:20:29 AM PDT by SaxxonWoods (The only way to secure your own future is to create it yourself.)
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To: MNDude

I’m thinking short term that 10% would be the max if it hasn’t already hit a short term high. Long Term continued economic malaise will probably hurt oil bringing it into the 70s. Putting my money where my mouth is I sold Suncor today off its lows. Let’s see if I made the right move.


73 posted on 10/06/2022 11:55:15 AM PDT by Sam Gamgee
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To: SaxxonWoods

Right now I have heard there was a fire at a refinery and another refinery is on scheduled maintenance. This is pushing gas prices up in western USA and Canada. At least that’s the excuse.


74 posted on 10/06/2022 11:57:10 AM PDT by Sam Gamgee
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To: MNDude

Up 15% in two days. I expect 40% increase by Thanksgiving


75 posted on 10/06/2022 1:01:04 PM PDT by no-to-illegals (The enemy has US surrounded. May God have mercy on them.)
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To: no-to-illegals

still falling in the southeast


76 posted on 10/06/2022 1:05:00 PM PDT by bankwalker (Repeal the 19th ...)
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To: bankwalker

Good but I would not expect the trend to continue


77 posted on 10/06/2022 1:07:19 PM PDT by no-to-illegals (The enemy has US surrounded. May God have mercy on them.)
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To: no-to-illegals

I’m betting it will top out at national average of 6.66 per gallon


78 posted on 10/06/2022 1:21:59 PM PDT by MNDude (Once you remove "they would never" from your vocabulary, it all begins to make sense)
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To: MNDude

May well happen ……


79 posted on 10/06/2022 1:24:04 PM PDT by no-to-illegals (The enemy has US surrounded. May God have mercy on them.)
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To: hillarys cankles

$3.59 HERE IN NE OK.....


80 posted on 10/06/2022 1:46:43 PM PDT by Osage Orange
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