Oil Prices, Energy Trends & What Comes Next

[jmanz]

Oil down large today on the news of the China Covid lockdown. WTI $101.

 

[nodle]

https://twitter.com/username/status/1503403384518635525

 

[nodle]

Well looks like we are all out of options, Saudi Arabia went with China, and now this. What’s the next move?

https://twitter.com/username/status/1503474158642028546

 

[jmanz]

WTI down to $96. When will we see the gas stations lower the prices?

 

[nodle]

@Mike was just saying the same thing yesterday, it really shows you how much of a scam it is. Everyone is taking a slice of the pie.

 

[jmanz]

https://oilprice.com/Energy/Energy-General/Oil-Will-Still-Dominate-The-US-Energy-Market-In-2050.html

 

[nodle]

How is everyone doing with their fuel prices? Looks like we raised another $0.06 cents over the weekend.

 

[C Pav]

Up to 3.99 for regular here.

 

[jmanz]

Still at $3.89 here.

 

[jmanz]

https://oilprice.com/Energy/Energy-General/Oil-Prices-Drop-As-China-Initiates-Biggest-Covid-Lockdown-In-2-Years.html

 

[nodle]

[QUOTE='C Pav]Up to 3.99 for regular here.
[/QUOTE]

That's it? We are at $4.09. It's coming for you.

 

[nodle]

[QUOTE='jmanz]https://oilprice.com/Energy/Energy-General/Oil-Prices-Drop-As-China-Initiates-Biggest-Covid-Lockdown-In-2-Years.html
[/QUOTE]Won't affect us here. They want it to stay high, it will not go drop anymore this year, in fact it will continue to rise.

 

[jmanz]

I'm using it to buy the dip in some energy plays. I agree it goes higher long term.

 

[nodle]

I would say you're safe with this current administration. If it changes hands then I would see it take a dive.

 

[jmanz]

Some countries in Europe starting to see the equivalent of $10/gallon gas.

 

[jmanz]

Well WTI down to $95 today and still no change at the pump here anyways. Still $3.89 for the cheap stuff. Trying to speak a price change into existence.

 

[nodle]

https://twitter.com/x/status/1513880403286888449

 

[nodle]

Just paid $4.15 at the pump. 

 

[jmanz]

[QUOTE='nodle]Just paid $4.15 at the pump. 
[/QUOTE]Tourist traps always get gouged

 

[nodle]

Gas up to 4.20 here now raised another 5 cents.