China??? sending us tanker ships of gasoline??? I never heard of such a thing. It’s a brave new world economy out there.
Maybe gasoline prices will go down
That means the price of oil and gas should crash. I’m glad I got the hell out of the industry. That’ll mean more layoffs at Schneider Electric and similar companies.
Wonder what the quality of the product is?
Could be piss water too.
Gasoline is consumed at such a rapid rate that a temporary influx is just that...even a few months maybe, but we burn it up pretty rapidly!
It would be nice to get rid of te ethanol added to our gasoline. I can dream, can’t I?
The Dems can claim the low gas prices are because of Obama’s economic policy this election.
I forget. Contango is when further futures months are higher or lower? Since higher is the norm, I woudl assume lower.
I would bet that China starts selling off it’s hoard of strategic metals it’s been buying and hoarding for years.
Destabilizing the world seems to be the goal.