Oil Slick Stuff

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Look no further than Chesapeake Energy Corporation. CHK. Second-largest natural gas producer in the United States. Down to $3 (Down 15% just today). 52 week high of 21.49
 
EIA Petroleum Status Report
Economic Calendar - Bloomberg[TABLE="class: actual_consensus_box"]
[TR="class: actual_consensus_toprow"]
[TD]		PriorActual
Crude oil inventories (weekly change)
Gasoline (weekly change)
Distillates (weekly change)

[TD="class: econo-releaseinfo"] Released On 1/21/2016 11:00:00 AM For wk1/15, 2016 [/TD]

[TD="class: actual_consensus_box_numbers"]0.2 M barrels[/TD]
[TD="class: actual_consensus_box_numbers"] 4.0 M barrels [/TD]

[TD="class: actual_consensus_box_numbers"]8.4 M barrels[/TD]
[TD="class: actual_consensus_box_numbers"] 4.6 M barrels [/TD]

[TD="class: actual_consensus_box_numbers"]6.1 M barrels[/TD]
[TD="class: actual_consensus_box_numbers"] -1.0 M barrels [/TD]
[/TD]
[/TR]
[/TABLE]
 
EIA Petroleum Status Report :eek:
Economic Calendar - Bloomberg
[TABLE="class: actual_consensus_box"]
[TR="class: actual_consensus_toprow"]
[TD]		PriorActual
Crude oil inventories (weekly change)
Gasoline (weekly change)
Distillates (weekly change)

[TD="class: econo-releaseinfo"] Released On 1/27/2016 10:30:00 AM For wk1/22, 2016 [/TD]

[TD="class: actual_consensus_box_numbers"]4.0 M barrels[/TD]
[TD="class: actual_consensus_box_numbers"] 8.4 M barrels [/TD]

[TD="class: actual_consensus_box_numbers"]4.6 M barrels[/TD]
[TD="class: actual_consensus_box_numbers"] 3.5 M barrels [/TD]

[TD="class: actual_consensus_box_numbers"]-1.0 M barrels[/TD]
[TD="class: actual_consensus_box_numbers"] -4.1 M barrels [/TD]
[/TD]
[/TR]
[/TABLE]
 
Just filled up for $1.459 at a Pilot station. $.20-.25 cheaper than everyone else. Why?:suspicious: Almost late '70s prices.

Remember when all the gas pumps had a 1 written on paper stuck in front of the price per gallon? Ever wonder what they had to do inside the pump to set the mechanical computer for more than a dollar per? In most cases nothing. The lever for 1-9 dollars was always there. Conspiracy theory-who knew what when?:D

PO
 
Kiss your cheap gas GOOD-BYE!:eek:
Obama to Propose a $10-a-Barrel Fee on Oil

By CORAL DAVENPORT FEB. 4, 2016

WASHINGTON — President Obama’s budget request to Congress will include a new fee on oil companies, requiring them to pay $10 to the federal government for every barrel of oil they produce, the White House said on Thursday.
The money, which could bring in up to $32 billion in new federal revenue annually, would be spent on a variety of transportation and infrastructure projects, including bridges and highways, high-speed rail and research on advanced vehicles such as electric and self-driving cars.
The proposal to further increase costs for fossil fuel production is part of a broader effort by Mr. Obama to fight climate change. The goal is to make it more expensive to produce and consume energy sources that emit planet-warming greenhouse gases while stoking the market for clean, renewable sources of energy such as wind and ar.

About 30 percent of the nation’s greenhouse gas emissions come from vehicles, and investing in high-speed rail and cleaner vehicles could help lower those emissions.
http://www.nytimes.com/2016/02/05/b...rrel-fee-on-oil.html?partner=rss&emc=rss&_r=0
 
Paid $1.33 a gallon this morning for E10.

Looks like the price of a barrel is back below $30 a barrel today too.

Going down......
 
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