One of the rules would have been no Bowie songs on the radio.
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One of the rules would have been no Bowie songs on the radio.
US crude $30.14 and volatile.
$2.02 regular EUG yesterday
Two things:
1. AB32 has no discernible effect on fuel prices in CA. Strict particulate emissions laws, lack of refining capacity, etc., but please provide a link to a credible resource economist showing AB32's carbon regs have done anything to CA fuel prices.
2. What the fuck are you talking about over $3/gallon in CA. Gasbuddy shows under $3 almost everywhere in Los Angeles County, and $2.50 where I am. Quit exaggerating to fit your political narrative. Or you could move to Texas already. They'll resist carbon regulations longer there. I heard the air quality in Houston is even better than the Los Angeles Basin too! :rolleyes:
^ great sig, one of his best lines to date. Viva papa!
Global downturn crushes oil demand/price and boosts USD
Excellent interactive chart:
http://www.macrotrends.net/1334/doll...storical-chart
Decent article
http://www.nytimes.com/2016/01/12/bu...ible.html?_r=0
“Every signal that the market is getting now suggests that we are going to continue to have an oil glut for some time to come,” said Jason Bordoff, director of the Center on Global Energy Policy at Columbia University. “Iran is about to re-enter the market, demand numbers and economic indicators look relatively weak, U.S. supply is holding up in a low-price environment much better than people thought and global inventories are growing.”
Shit could get real funky real quick with Iran and US Navy.
1.45 is Mo. pretty amazing.
Most likely, and wti ever touching a 20 handle was shear lunacy. The only certainty is uncertainty.
sit tight is my mantra
of course that's always my mantra. But it seems to work. Last crash did me well.eventually.
Won't it be wonderful when the American frackers are put out of business and we can go back to being at the mercy of OPEC and the Saudis for most of our oil? Can't wait.
If they wanted a reliable spot price they should have collaborated at least within North America to regulate production. Blame for the market being flooded is on teh USA. Blame for letting it get this bad (and worse) is on SA & NA's stubborn production levels. There's nothing cool about losing 250k jobs worldwide in energy, but it comes with the territory.
All true, but regardless of whose fault it is, it doesn't change the fact that, despite all the "America's new energy independence" commercials still playing on TV, we are headed back to the days of being at the mercy of OPEC and the Saudis for our oil. Makes you wonder if the U.S. government will get involved in price guarantees or increased subsidies at some point, just to mitigate the national security risk and stabilize the industry. More likely it will stabilize itself at around $60 a barrel within a couple years, after production declines have really taken hold.
$1.85 regular EUG
Zombie thread!
$2.99 here today, what you gots?
1.50/L
I paid $2.57 at last fillup.
Same in Utah had some fuel points got it down to 2.49. like 2 weeks ago I filled, with discounts, was like 2.05. crazy shit
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its like 5$ a gallon up here right now ... why go to canada ?
$3.50 today for premium
$1.42 CAD per litre here, so about $4.20/gallon USD
Whatsalitre
Just paid 2.89/gal
$1.42 * 3.8 / 1.28 = $4.21
Convert liters to gallons, then Canadian dollars to US dollars.
It’s about $3.60/gal for 87 octane in CA right now. That’s regularly $0.80 to $1 more than AZ and NV. Thanks a pantsload Gov. Brown! Isn’t BC Canada taxing the crap out of gas for “global warming” too?
Vancouver total clear gas tax is at $.3328/litre, Victoria area is $.2778/, and the rest of the province is $.2228/l. The current carbon tax portion on that clear fuel (unmarked gas) tax is $.0778/l. Carbon tax on clear diesel is $.0895/litre. Carbon tax will increase each year until 2021
$3.09 a gallon in southern Utah, thanks Donald.
just paid 3.00 a gallon in PA.......and hit 20 potholes on the way home. PA sucks.
Only 20 potholes, did you drive a mile?
Rode my bike to work today. No idea what a gallon of gas costs. But Donny J Trump thinks it's too high, so he's not going to let it happen! Sweet!!!
https://www.washingtonpost.com/news/...=.f948eb0bf1a1
^^^^^^^^yeah, this was kinda my point in resurrecting the thread. Curious to see what the Donald will do if he can't control things.
He has had an amazingly easy ride, economically speaking...
(I know, move to polyass, JONG!)