Oil bust inevitable

[nodle]

https://twitter.com/x/status/1569402681764253698

 

[nodle]

Our gas has been increasing each day now for the last week, we are at $3.99 now

 

[jmanz]

Ours is still $3.64 as it has been since Sept 2.

 

[C Pav]

Gas rose to $3.69 today so here we go!

 

[nodle]

 

[nodle]

$4.15 now.

 

[C Pav]

[QUOTE='nodle]$4.15 now.
[/QUOTE]Folks, we are seeing many straight weeks of the cost of gas decliing and the economy better than ever... COME ON MAN!

 

[nodle]

Oil prices will head back toward $100 per barrel as a supply crunch returns to the energy market, JPMorgan says (msn.com)

 

[jmanz]

Still holding firm at $3.64 here, just filled up last night.

 

[C Pav]

$3.79 here now.

 

[jmanz]

"The White House, meanwhile, was reportedly up in arms to try and prevent the potentially major production cut in OPEC+ just a month before midterm elections when the current Administration least needs higher prices at the pump."

https://oilprice.com/Latest-Energy-News/World-News/OPEC-JMCC-Committee-Recommends-2-Million-Bpd-Production-Cut.html

 

[nodle]

We are up $4.09 here this morning. It was $4.07 when I filled up yesterday afternoon. I have read they are climbing across the country now at a fast pace.

 

[jmanz]

Still $3.64 here but I'm expecting that to change any day now.

 

[nodle]

Still $3.64 here but I'm expecting that to change any day now.

I am impressed that you guys held out as long as you have. Granted no one visits that state though.

 

[jmanz]

I am impressed that you guys held out as long as you have. Granted no one visits that state though.

That's just because you guys have to drive 2 hours to find a Target.

 

[C Pav]

That's just because you guys have to drive 2 hours to find a Target.

Or further for ones that don't ask for tips.

 

[nodle]

Or further for ones that don't ask for tips.

 

[C Pav]

Gone up here to 3.89. Not bumville @nodle levels yet but still going up.

 

[jmanz]

We went up this morning to $3.89. Big jump!

 

[nodle]

I had to order bulk fuel this morning for a project 1,000 gallons. The fuel guy said that off-road diesel went up $.60 cents yesterday alone. He said that you should be seeing it hit the pumps here soon in the next couple of weeks. They get hit first because they are bulk, and then it will pass to the pumps. He said he heard this next jump in prices will be worse than the first jump in prices before Summer.