Oil Slick Stuff

[PessOptimist]

Up 20¢ here since the first. Up 5 today.

 

[nnuut]

Up 20¢ here since the first. Up 5 today.

$2.09 to $2.29 in Boiled Peanut GA!

 

[nnuut]

Everyone knows what happens when the price of oil goes UP! The price of Heating Oil, Gasoline spike causing the price of everything that is shipped to be more expensive and that's not all. Ask Jimmy Carter what happens.

 

[nasa1974]

Gas is between $2.17 and $2.47 around me.

 

[nasa1974]

Gas around here is between $2.29 and $2.65 a gallon. The average is $2.39.

 

[nnuut]

E10 $2.10 to $2.35 a gallon in Boiled Peanut GA!

 

[tsptalk]

Oil is pushing $60 a barrel today.

https://www.cnbc.com/quotes/@CL.1

 

[nnuut]

Oil prices to reach $72 by summer: Goldman Sachs

Demand will outstrip supply


Oil prices will rally faster and sharper than previously expected as demand outstrips supply increases from OPEC+, Iran and U.S. shale, according to Goldman Sachs Group Inc.
A reopening of the global economy will help demand return to pre-COVID-19 levels, but inventories remaining tight into the summer will cause West Texas Intermediate crude oil, the U.S. standard, to reach $67.50 per barrel in the second quarter and $72 in the next three months, according to Goldman. The firm previously forecast WTI would hit $62 this summer. [more]


https://www.foxbusiness.com/markets/oil-prices-to-reach-72-by-summer-goldman-sachs

 

[nnuut]

Gas prices are $2.29 to $2.55 a gallon in Boiled Peanut Georgia!

 

[nasa1974]

$2.57 to $2.85 here on the North Coast. Average is $2.69.

 

[Bullitt]

OPEC decides to keep production cuts which will drive up the price of everything. Thanks to the villianization of fracking and oil production by certain groups who only want more government subsidies, all hopes of the US being a swing producer have been lost. We were there for a short while and it was fun while it lasted causing all kinds of problems with OPEC countries.

Electric/wind/solar/science fiction might be there some day, but it's not there right now. Being at the mercy of 3rd world countries for energy puts us at a geopolitical disadvantage.

 

[nnuut]

E10 going for $2.25 to $2.59 a gallon in Central Georgia!

 

[nasa1974]

Average $2.79 around here.

 

[PessOptimist]

Over $3 here.

 

[nnuut]

The prices will go out of your mind, why. Because of the current government!

 

[PessOptimist]

The current government is going to fix everything, nnuut. Don't you read?:worried:

I only have to fill up every several months since I retired so it doesn't matter that much. A road trip is coming up and I am negotiating taking a vehicle with best life time mileage of 24 on an interstate trip or one that gets that around town and 30+ on the highway. I suppose it wont make that much difference.

Still waiting for my free Bubble Up and the next stimulus check. Don't really want either but .gov knows best.

Hope I'm not getting too political.

PO

 

[nasa1974]

The prices will go out of your mind, why. Because of the current government!

Can't blame the current government on the bad weather in Texas.

 

[nnuut]

That's the only reason for higher prices? Think again!

 

[tsptalk]

There's certainly an aspect of the current admin's take on fossil fuels, but the economy growing is really just pushing the price back to pre-COVID level highs. But if it starts hitting $75 - $80 a barrel, then we'll know.

 

[nnuut]

E10 going for $2.48 to $2.65 a gallon in Boiled Peanut Georgia!:1244: