Oil futures are trading over $120 right now. Part of the reason that markets are cranky today.
What will happen when we use all of our emergency oil supply?oilrig4.gifPolititions.jpg
Oil futures are trading over $120 right now. Part of the reason that markets are cranky today.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Did prices crash this thread? Haven't seen an update in a few days.
Comedy of errors resulting in higher prices, yet consumer demand is strong. After forced shutdowns - yes, they were forced - people need to get out no matter what the price at the pump. Couple that with most everyone back to spending an hour in the car on the daily commute - yup, it all adds up.
Gas was averaging $5.09 this past week with some stations at $5.19 or better. Saw stations today under $5.00 today.
May the force be with us.
We'd be over $5 here, but NY gave a gas tax that knocked prices down almost 50 cents overnight. That lasted maybe three days.
Biden Just Changed the Type of Gasoline We Can Buy and I'm Mad as Hell
Scott Harrison
Senatobia, MS
As Senator John Kennedy from Louisiana once said, "Our country was founded by geniuses, but it's being run by idiots".
I couldn't agree more!
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
Correction or change of direction? 200-day EMA getting tested.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Why is this happening, VOTES?
Here on the Northcoast gas is averaging between $4.43 and $4.99 per gallon.
May the force be with us.
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