Posted on 04/07/2016 1:24:05 AM PDT by Mr Apple
Oil climbed after U.S. crude inventories unexpectedly dropped from the highest level in more than eight decades.
(Excerpt) Read more at investors.com ...
manipulation - the oil industry’s strong suit
Last week we went from $1.89 up to $2.29 overnight.
Last night, I saw gas for $2.19.
There's a distinct pattern going on where I live: Gas takes a 30-40 cent price hike within days, drops 10-12 cents a gallon, then goes up 20-30 cents a gallon again.
I can't wait to see how close we get to $3/gal as they switch from winter to summer blend around here ....
Gawd I hate Illinois.
You can thank your liberal politicians for that. NC is a high gas tax state.
Two of the guys from my university are looking for a job right now. Both are 'land men' and they both think they'll find no job opportunities in their field any time soon. One is about to start his first week as a assistant manager of a shoe store in a strip mall. My other friend has already taken a job as a country club swimming pool life guard. They both have kids in college and both are desperate to keep their kids in school. Tough times these are in the oil patch.
Oh, I drive a 6.2L Silverado so I wouldn’t know about that :)
Kuwait says it expects OPEC to freeze production. April 17 meeting coming up. That plus the drop in reserves equal rise in price. Probably won’t last.
'98 Volkswagon, 12 gallons x $1.74 here in Houston
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