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Oil bust inevitable

They were mentioning on CNBC the other day that the "strategic" oil release is set to run out soon. Get ready for that price per barrel to shoot up again.

 
[QUOTE='jmanz]They were mentioning on CNBC the other day that the "strategic" oil release is set to run out soon. Get ready for that price per barrel to shoot up again.
[/QUOTE]Lol when did they even release it? I thought it was to help offset the price increase? Ours never changed once and only went up, explain that?

 
[QUOTE='nodle]Lol when did they even release it? I thought it was to help offset the price increase? Ours never changed once and only went up, explain that?
[/QUOTE]I never really saw the prices at the pump change much. The actual price per barrel did go down for a bit when they did that though, dropping below $100 for a bit.

 
I read that natural gas has reached the highest price since 2008 this morning. It's going to be an expensive winter for not only Europe, but for the US as well if this keeps up. Or just get used to wearing a light jacket in the house?

 
'jmanz]I read that natural gas has reached the highest price since 2008 this morning. It's going to be an expensive winter for not only Europe said:
It will make all these people buying large square foot homes think twice. Like my Dad always says "The bigger they are, the more they cost to heat and cool".
Click to expand...
 
[QUOTE='jmanz]Gas took a big jump here today. $4.19 now, was $3.99 previously.
[/QUOTE] Call us lucky. Only jumped to $4.09 here.

 
[QUOTE='jmanz]I still think natural gas price is the biggest concern right now.
[/QUOTE]Next Winter might be a bitch. Back to wood stoves.

 
You know this fuel stuff is in preparation for the upcoming elections like last time. They must have an excuse for people to mail in their ballots, which is the key. 

When the time to vote comes they will say "Fuel prices are much too high and voters need an alternative voting source". It's a repeat of covid, and these are the pre-steps.

 
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