Oil Prices
So now oil prices have dipped below $100 per barrel which is an estimated drop of 27% from the highs of last week.
Gas prices in our area dropped 4 cents last night or less than a 1% drop from the price of $4.29 per gallon.
Do you think gas prices at the pump will ever drop 27%?
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Yes, Eventually.
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Sure is peculiar though how fuel prices can go up 10% overnight, but when oil prices start to drop, it takes two months for a 10% reduction in prices.......
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Horse Plains Drifter: 30496127951003/comments/30496086772635
Sure is peculiar though how fuel prices can go up 10% overnight, but when oil prices start to drop, it takes two months for a 10% reduction in prices.......
It 's also peculiar how when the price of gas goes up my MPG's goes down.....😕
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Election year
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Biden ordered release of oil from strat reserves. Only temporary fix,
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@chiefr Bandaid on a decapitated body....
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If America will wake up and vote in a REAL president next time, then YES fuel prices will come back down. Like VP said, voters "got what they asked for"!
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Why Oil Crashed Below $100 | OilPrice.com
Oil prices crashed back below $100 on Tuesday morning despite the ongoing war in Ukraine and a structurally tight oil marketMule
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I doubt it never will go down to what it was before Biden took office. Only another lock down could do it and it would give them time to in place a carbon tax or huge road tax on fuels while it was cheaper to hide it from the public when it bounce back later.
serf
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Ruger4me: 30496127951003/comments/30496101410843
@chiefr Bandaid on a decapitated body....
Yep. Despite this futility, he is again being praised by partisan hacks in the media for his brilliance here. No wonder most people dont believe news anymore.
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