At least he lives in the real world tho...................same as most of the rest of us
Who said anything about gouging ?? Gouging and market fluctuations aren't the same thing.
Any little thing happens that may affect any miniscule part of the oil supply, and the wall street folks jump up the price because they know it will cause a panic, and make them money.
That's how things work....been around long enough to know that.......don't need you to tell me.
Last edited by TRCM; 09-15-2019 at 06:36 PM.
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W need TampaJim to explain how this will actually be good for the US economy.
John the Garage Doorman
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Since we are on “the petrodollar” we signed an agreement to keep Saudi safe. Someone attacked Saudis major income source. We’re all going to pay for it. Since an Iranian backed group is claiming credit, it’s a real world tender box. I’ve read that Russia, Venezuela, China, and others like them buy Iran’s oil. I’m not an oil expert. If that’s true it’s ugly, we’re already paying for decades of trade imbalance with China. Bought a pack of beef hotdogs lately?
I also think we export export refined products, not oil. Don’t we still import lots of oil? Why would we be tapping oil reserves if we exported oil?
https://www.americangeosciences.org/...ort-and-import
Edit: I found we do import more than we export, but we are getting much closer to independence.
Last edited by n2ratfishin; 09-15-2019 at 07:42 PM.
As for 6 or so yesterday here the gas prices was 2.12 to 2.16
The longevity of the oil price spike will be in the amount of damage to the Saudi facility. If its a quick fix, it wont last long.
2016 BassCat Pantera II
Mercury 200 ProXs
yawn. Just a few percentage points. Probably be over in a few days, unless the bombs really start dropping.
It's always funny to see "THEY" get blamed for negatives. You never see "THEY" get credit for anything good.
Thanos was the hero
They probably bombed their own stuff just to raise the prices, since gas prices are suppose to drop by .25 cents or more by October.
Funny I didn't see where anyone got personal. Disagree yea, personal NO.
2005 2200 Gambler 2005 Merc 250 Racing XS
Paid $2.38 yesterday evening, we'll see what it is on the way home this afternoon... Dan
If “they” can control the prices then why did “they” allow it be so low for so long?
Sign me up for high crude oil prices. I need a few new toys!
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Looks like Trump is getting into the reserve supply. Hope that helps.
Driving home yesterday Jasper to Houston, saw gas from 2.19 to 2.38.
Bryan McDonough
2023 Nitro Z21 XL
Nitro Team