The price at the pump (including the outrageous gas taxes where I live) should still be 30 or 40 cents lower from what I can figure.
Maybe my math sucks.
So, why is the price at the pump rising steadily?
This is a temporary a boon for the consumer. Especially the trucking industry working 24/7 to get product to the store shelves. However, it is a Disaster for US Oil Producers.
Still $2.95 in Kalifornia.
There goes the stock market.
Has the Strategic Petroleum Reserve been topped off yet?
Told my BIL to buy it too....He didn't...
I own some RRC again....and others.
We shall see....
Yeah. And we can’t even benefit. Figures. I filled up 2 weeks ago and it barely budged. Going 6 miles round trip once a week for groceries will not do to much damage gas wise.
WOW! $15/bbl. I never thought that would ever happen again.
I paid 60 cents a gallon yesterday with all my grocery store points. Been buying stuff for kids & elderly parents. Wish I had more gas cans to load up.
perhaps someone could lookup the recent
123 crack spread, and post it here.
I think it would answer a lot of questions.
my internet skills are limited.
thanks
Rocky
The last time gas was this low <$1.00 in OKC, America was on the “going up” side of the mountain.
We REALLY need to give OUR President a hand to support his efforts to rescue us
You people need to get out there and burn some of the product. We are basically giving it away.
5 bucks a barrel is bottom. and it’s a pretty good price for a barrel.
#freewatts
Low info folks are blaming Trump on social media for trying to raise the price of oil. I don’t think they understand how the universe works.
American light is more than 20% down by now. Well under $15.
This “news” is meaningless. The same WTI contract will be $20 Wednesday after this one expires. The media are idiots who spread ignorance and panic.