Why did you say the gas price went down people will jump at that as evidence everything is going back to normal around 4 give or take south Florida gallon you heathens with your litre also we spell it liter just saying(also just joking which I’m sure you know)
oilprice.com
I’m conflicted I want to like it but I don’t like the truth of the postJeff Currie Sees $5 Gasoline Before Midterms | OilPrice.com
US diesel hit a record $6 a gallon Friday as Jeff Currie warns $5 gasoline is now “extremely high” odds before the midterms.
The founder and CEO of Real Macro, who spent more than a decade running Goldman Sachs’ commodities research desk, told Bloomberg Television on Friday that the odds of average U.S. gasoline hitting $5 a gallon before the November midterms are “extremely high.”
AAA data released the same day put the national diesel average at $6.0556, a record that’s up 14 percent in a month and more than 60 percent from a year ago. Regular gasoline sits near $4.27, according to AAA.
Currie’s case rests on refiners running out of room to maneuver. Plants can shift production between gasoline and diesel to chase whichever fuel is scarcer, but that flexibility has limits, and Currie argues the market is close to testing them. He told Bloomberg diesel could climb to $7 to $9 a gallon before the squeeze eases.
“Crude is the signal, and now we think about products,” Currie said. “They are the noise.”
Better get your head straight then. It very well will happen. It already is throughout California.
www.twz.com
Ideally, there should be a coalition working together to ensure oil keeps flowing otherwise the world can just forget about oil.Reading latest posts on TWZ as well as other non-Twitter intel sites, the Hoots are very close to shutting down the Bab al-Mandab Strait:
Houthis' Stranglehold On Strategic Bab Al-Mandab Strait Grows Stronger
The capture of the port of Mokha and possibly the islands of Perim and Zuraq can give the Houthis key points of control over the Red Sea and the Strait.
That along with them hitting a major Saudi E-W pipeline is causing further instability in the markets. Plus, it takes pressure off of Iran. The US will now have to focus additional resources to ensure Red Sea traffic doesn't come to a halt like the Persian Gulf.
Have to be honest. Not a whole lot of people seem to be rushing to support us to ensure that happens.
Oh no like you said my has a lot to with deliveries and yes it may not effecting my pocket but all I do is look at the prices go up price increase for my company is usually in October let’s see how much they raise prices on products
Caught the local news while running errands this morning. Consumer price sentiment is down 16%. Next week's Fed meeting will be interesting. If rates get raised, Trump is going to lose his mind.
He hasn’t already did you not watch those snippets at the convention
