Oil prices rallied on Monday, with U.S crude up as much as 3 percent, amid a jump in gasoline prices and on concerns that U.S. crude production may slow as drilling steadily declines.
It's going to be a very boring thread
Oil prices primed to skyrocket on purpose of course.
9-22-2015
http://finance.yahoo.com/news/u-oil-boom-near-defaults-211100348.html
On Friday, Baker Hughes (BHI) said the U.S. oil rig count fell by 8 in the latest week to 644, the third straight decline, and is down by 957 rigs vs. a year ago.
The only thing you gleaned from that article is "Oil prices primed to skyrocket on purpose of course."?
That article has some pretty big words and no pictures, so I can understand why it is above Dave's ability to comprehend it.The only thing you gleaned from that article is "Oil prices primed to skyrocket on purpose of course."?
What Refinery did they purposely blow up today?
Gas jumped 30 cents again and now up around $2.50 here.
Oil still at $45 so it wasn't that excuse.
What Refinery did they purposely blow up today?
Gas jumped 30 cents again and now up around $2.50 here.
Oil still at $45 so it wasn't that excuse.
What Refinery did they purposely blow up today?
Gas jumped 30 cents again and now up around $2.50 here.
Oil still at $45 so it wasn't that excuse.
NEW YORK (Reuters) - Global oil markets tumbled on Wednesday, with U.S. crude futures settling down 4 percent after bullish impact from lower crude inventories was offset by large gasoline builds that raised concerns about high autumn fuel supplies.
Also weighing on crude were Colonial Pipeline's efforts to fix an outage on one of its lines that had been supporting prices of gasoline, and the larger oil complex, since Tuesday.
...
"The crude numbers were not a big surprise in any way," said Tariq Zahir of Tyche Capital Advisors in Laurel Hollow, New York.
"A draw we did see but there was also a bigger-than-expected build in gasoline. The bottom line is we think any rallies, if we do see them, will be short lived and we will sell into them," said Zahir, an oil bear.
Analysts polled by Reuters had forecast a 533,000-barrel drop last week.
The EIA said gasoline stockpiles rose 1.4 million barrels, compared with the Reuters poll which called for a 819,000-barrel gain.
On the East Coast, distillate inventories rose to 59 million barrels, which according to the EIA was the highest since 2011 for this time of year.
...
Who has $1.42 gas?Does anyone have the excuse of why we are paying nearly a $1 more than the rest of the Country???
Indy area is cheaper than other parts of the mid West and Plains states.Does anyone have the excuse of why we are paying nearly a $1 more than the rest of the Country???
Does anyone have the excuse of why we are paying nearly a $1 more than the rest of the Country???
The same way Vulcan's can't lie, Daves species is the exact opposite.No excuses.....because you're NOT paying nearly $1/gal more than anyone else. Well, maybe if you include Venezuela and Saudi Arabia, but not a $1/gal more than anyone else in the U.S.
Weird, I filled up at $1.799 yesterday and it was the same price when I came in this morning. Life is sweet in Tennessee, dude.
Does anyone have the excuse of why we are paying nearly a $1 more than the rest of the Country???
Does anyone have the excuse of why we are paying nearly a $1 more than the rest of the Country???
Is it lying when one believes the BS that comes out of the mouth.Lie much?