Oil Hits A Low Of 81.32!

[Guest3722A]

Gas out here is finally below $3 a gallon. It would be awesome if it retested 77.28 from two years ago!

 

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[RBefort]

Same here...finally reached $2.99 in KS. What a welcomed site...even though I now drive 35+ mpg car and don't drive anywhere really. But saves on roadtrips! How long until they are predicting it goes up? Thanksgiving?

 

[Writer]

saw it at $2.87(TX)

(edited... I can get this one right! )

 

[RHL]

Summer I got my first car was 2001. Cost me a crisp $10 to fill the tank. Man, I'd love to see those days again.

 

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[Vigilante]

Wanting to keep this non-political per forum rules, and all political parties are equally bad, but mid terms are coming up. Conspiracy theorists including myself see the correlation, although the official talking points are that the reduction on prices are due to the changeover from summer blends to winter fuel blends, and a clearing of "existing inventory."

 

[Vigilante]

http://www.foxbusiness.com/markets/2014/10/14/us-crude-oil-pares-back-sharp-losses/

 

[Writer]

Wanting to keep this non-political per forum rules, and all political parties are equally bad, but mid terms are coming up. Conspiracy theorists including myself see the correlation, although the official talking points are that the reduction on prices are due to the changeover from summer blends to winter fuel blends, and a clearing of "existing inventory."

Mandatory conspiracy theory meme

 

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[LOYD]

Was wondering why gas was slowing dropping around here. Not complaining though lol. I'm in the Atlanta area, and many of the gas stations have been around the $3.15 mark consistently the past few weeks.

 

[Vigilante]

My prediction is $2.49 national average by the first Tuesday in November, and then it will rise back up to $3.00 before people have to hit the road for the holidays.

 

[SBS.95]

Just checked gas station. Still $4.14. Granted that's premium. Regular was $3.87. Goddamnit rural Pennsylvania.

I normally pay no attention to gas prices (the whole "go to this station to save $0.04 a gallon on 10 gallons of gas seems retarded to me.) But I'll start taking notice if it drops $1/gallon or more.

 

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[DeletedUser394]

Lower prices hurts the economy in my city considering it revolves around oil and gas sector.

J/k, still printing money.

 

[Guest3722A]

Lower prices hurts the economy in my city considering it revolves around oil and gas sector.

J/k, still printing money.

Russia's definitely taking a hit

 

[Guest3722A]

My prediction is $2.49 national average by the first Tuesday in November, and then it will rise back up to $3.00 before people have to hit the road for the holidays.

The dollar has rallied almost 50% since July. It looks to me like it needs to take a breather though.

 

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[leono]

Wanting to keep this non-political per forum rules, and all political parties are equally bad, but mid terms are coming up. Conspiracy theorists including myself see the correlation, although the official talking points are that the reduction on prices are due to the changeover from summer blends to winter fuel blends, and a clearing of "existing inventory."

Glad I'm not the only one noticing this! Every year the price of gas "mysteriously" goes down right around the November elections and soon after "mysteriously" goes back up. It's kind of comical how it always seems to happen so magically.

 

[CarrieW]

Its 2.87 here in Ga.

 

[Guest3722A]

CL broke below 80. C'mon 77.28!

 

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[markonestock]

so I am guessing the drillers and the frackers in the USA aren't enjoying this?

I hear it was the Saudis flooding the market to lower prices....manipulation goes on every-where.

 

[HarryR]

Russia's definitely taking a hit

I suspect Russia is the primary reason the market is being manipulated. Russia cannot maintain a balanced budget with oil under $90 a barrel, and sanctions make it difficult for them to find financing at favorable terms... or so of I've read.

 

[healthstatus]

so I am guessing the drillers and the frackers in the USA aren't enjoying this?

or the mineral rights owners that get royalties

 

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[markonestock]

or the mineral rights owners that get royalties

we are talking about oil prices not minerals though.

 

[markonestock]

I suspect Russia is the primary reason the market is being manipulated. Russia cannot maintain a balanced budget with oil under $90 a barrel, and sanctions make it difficult for them to find financing at favorable terms... or so of I've read.

You think USA leant on Saudi here?

 

[healthstatus]

we are talking about oil prices not minerals though.

When you own the mineral rights, you get paid for whatever they take out of the ground except water; minerals, oil, natural gas, propane, etc.

 

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[HarryR]

You think USA leant on Saudi here?

Probably all of NATO. Keeping oil prices low hurts the Russian economy, and will make things a little bit easier on Europe if Russia decides to cut their oil supply this winter. [HASHTAG]#UneducatedGuess[/HASHTAG]

 

[Guest3722A]

So, Putin says he's going to run bomber patrols in the Gulf, oil drops to 74ish, and the US found a way to acquire 160,000 (or more) hazmat suits on the sly. In addition, Russia has been within 50 miles of the California coast, and has actually practiced cruise missile strikes on the US earlier this year, from what I gather in early September, and also from what I gather the hazmat suits were purchased a week thereafter. Interesting timeline. Also, these cellphonesque COMMUNICATION towers that have been going up without an explanation are suspicious. There's one right up the street from here they've been working on for the last few months that's not even a mile away from an actual tower.

Anyway, yeah....oil's around $74

 

[Bananas]

So, Putin says hey's going to run bomber patrols in the Gulf, oil drops to 74ish, and the US found a way to acquire 160,000 (or more) hazmat suits on the sly. In addition, Russia has been within 50 miles of the California coast, and has actually practiced cruise missile strikes on the US earlier this year, from what I gather in early September, and also from what I gather the hazmat suits were purchased a week thereafter. Interesting timeline. Also, these cellphone towers that have been going up without an explanation are suspicious. There's one right up the street from here they've been working on for the last few months that's not even a mile away from an actual tower.

Anyway, yeah....oil's around $74

$2.69 Racetrac closest to my house (outside DFW).

 

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[redsfaithful]

So, Putin says he's going to run bomber patrols in the Gulf, oil drops to 74ish, and the US found a way to acquire 160,000 (or more) hazmat suits on the sly. In addition, Russia has been within 50 miles of the California coast, and has actually practiced cruise missile strikes on the US earlier this year, from what I gather in early September, and also from what I gather the hazmat suits were purchased a week thereafter. Interesting timeline. Also, these cellphonesque COMMUNICATION towers that have been going up without an explanation are suspicious. There's one right up the street from here they've been working on for the last few months that's not even a mile away from an actual tower.

Anyway, yeah....oil's around $74

My advice:

- Document all the things you are reading on your favorite conspiracy websites
- In 12-24 months go back to your documentation and realize none of it came true or mattered

Then, if you are a truly rare individual who can practice self reflection, stop wasting time feeding your mind nonsense. Feel free to skip to this last step now if capable.

 

[RHL]

Just checked gas station. Still $4.14. Granted that's premium. Regular was $3.87. Goddamnit rural Pennsylvania.

Wow, where do you live? It's 2.57 here.

 

[Developmental]

Fuel prices have fallen here in the UK too - to the equivalent of about $8 per US gallon (3.73 litres )

how depressing...

 

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[SBS.95]

Wow, where do you live? It's 2.57 here.

Like 90 minutes outside of Philly. It's down to about $3.00/gallon now (regular.) That post was a month ago.

I think it's usually cheaper in Jersey. But then... y'know... you have to go to Jersey. *shudders*

 

[Gale4rc]

Thanks Obama