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Thread: Has anyone been following why price's at the pump keep droping

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    Default Has anyone been following why price's at the pump keep droping

    Has anyone been following why price's at the pump keep dropping ? Russia and china thing vs usa in ww3 thoughts and giggles are welcome lol fyi lol
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    ya its 69.4 here


    the gf just saw somthing about a 10 cent hike this week.........might be on its way back up

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    maybe opec wants to boost their other investments

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    Its the market manipulators that pulled out.. Goldman Sachs got out of the metals and oil market in the last 6 months and how odd that once they stoped playing the game prices dropped.. Its a war for market share, Saudis are the low cost producers and want to bankrupt some competitors and buy em out.. Not the first time the saudis get in a pissing contest..I figure 6 months of low pricing before pricing goes back to 100$ a barrel or more..

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    Has went up today......77.9

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    This the USA's way of running Russia and Iran out of business so get used to it for the next 2 years.

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    Quote Originally Posted by kijiji View Post
    Has anyone been following why price's at the pump keep dropping ? Russia and china thing vs usa in ww3 thoughts and giggles are welcome lol fyi lol
    did you miss the "what are you paying for gas thread"?
    I posted about a week ago it was to crush russia

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    Quote Originally Posted by dishuser View Post
    did you miss the "what are you paying for gas thread"?
    I posted about a week ago it was to crush russia
    No i didn't miss it DU this thread is not just about the price of gas more like why and its out come some are saying it could be the start of war.
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    I hope gas price will go down, so that middle east will suffer, cause their rich

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    Quote Originally Posted by Demeter View Post
    I hope gas price will go down, so that middle east will suffer, cause their rich
    You shouldn't be sniffing gasoline this early in the day - it might affect your thinking process.


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    I, like many others get great pleasure filling up at the gas pumps these days but I am also concerned about how low the prices and the long term effect it will have on the economy. Alberta could be facing a recession and this will eventually effect the rest of Canada.

    However, I think this could be the least of our worries. The gas price (along with sanctions) is putting a large strain on the Russian economy and this is turn is putting a lot of pressure on Putin. He has achieved a high approval rating in Russia the last little while with his actions in Crimea, Ukraine and his aggressiveness toward the West. Russia is heading towards a recession and his new found approval rating will soon be gone. I do not think he will give up the Crimean peninsula or the Ukraine to appease the West and thus the sanctions will continue and Russia will suffer. You may think that this is a good thing but Putin is an unkown entity (former KGB) and he could do something drastic such as begin another World War 3 and this could have drastic results.

    I do not want to go back to the days of $1.30-$1.40 gas prices but I also do not want a world wide recession.



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    Quote Originally Posted by StanW View Post
    You shouldn't be sniffing gasoline this early in the day - it might affect your thinking process.
    really?
    try reading this
    I've been following stuff like this since it was at $50/barrel yet $1.45/litre
    Code:
    http://www.vox.com/2014/12/16/7401705/oil-prices-falling

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