Let this sink in a bit....

[Jaybeaux]

 

[juggernaut1]

Makes sense......there's more oil in the KFC

 

[Blueone]

And it tastes better

 

[b_arrington]

I think the KFC might produce more "gas" too.

 

[rwvw415]

That barrel of oil now costs 21.84 and dropping.

 

[susanandlance]

Not good for my Chevron stock, but cheap fill ups on the 36DB

 

[RBB]

Oil will have a $100+ barrel in the future, ~10yr, probably sooner. But my guess is in 15 yr
It will no longer be king.
Old coal guy here and it died rather quickly.

 

[Bridog]

I wish someone would let the Marinas around here know. Gas is still 3.99 a gallon but filled the car for 1.75

 

[carterchapman]

$1.45 at Costco in Marietta, $1.37 at Costco in N GA just across the border from Chattanooga.

 

[yobub]

Just paid $1.39 in north chicago suburbs.

 

[Carpediem44DB]

we are lucky here in Nor Cal, We still get to pay north of 3 bucks/gal!

 

[Blueone]

That barrel of oil now costs 21.84 and dropping.

That is not good...

 

[carterchapman]

we are lucky here in Nor Cal, We still get to pay north of 3 bucks/gal!

I hope you have an "exit plan" for departing the "People's Republic of California" someday...

 

[MiLoII]

$1.19 premium sams club northwest indiana. If only i could stock up on about a 1000 gallons

 

[JVM225]

Starting to see it for under $2.00 a gallon at more and more pumps here.

 

[JVM225]

I think oil will be back at $50.00-$60.00 a barrel by years end.
Neither Putin or the Saudi’s can keep their price war up for long. It will hurt both their GDP’s too much in the long run.
Saudis can get it out of the ground cheap, but their GDP and lifestyle can’t be maintained at current prices.
Putin needs higher priced oil more than the Saudis. He’s playing a dangerous game.
Trump has the right attitude.
Make lemonade out of the lemons and fill up our reserves at current prices.

 

[northern]

Half the oil is used for aviation. The rest I think I burn in my boat. Oil employs a lot of people world wide. If they do not work then no one will buy boats and we will go into a depression. I hate to say it but US, Canada and Mexico need to set a fair minimum price for oil so the economy can start again. Oil companies will shut well and this will result in 1974 type shortages again.

 

[Groucho]

Agree with Northern. I am ok with paying 3.00 a gallon if it means a stable market and supply chain.

 

[El Capitan]

Me too. Especially if the gas came from US oil.

 

[Carpediem44DB]

I hope you have an "exit plan" for departing the "People's Republic of California" someday...

I don't know, a fifteen acre paid for ranch in the middle of God's country, 30 minutes from Wine country and 30 minutes away from limitless waterways.... we can put up with the libertards and taxes for the down hill run to glory. At least the boat gives us sanctuary and a cohort of like minded peeps to keep us sane till we get there!
Carpe Diem