Thank you Russia!
Gas $1.49 at Sam's Club. 470 & Quebec
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Thank you Russia!
Gas $1.49 at Sam's Club. 470 & Quebec
Vs. USA.
Your neighbor just lost his job.
-John
I haven't seen anything under $2.25.
Your local petroleum engineer would love to give you a car wash, while you decide which gas station to go to.
Tip him/her well.
-John
https://www.gasbuddy.com/
Costco Park Meadows - $1.45....and it's Top Tier Gas.
I've seen gas under $2.00 pretty much everywhere. Why hasn't diesel come down yet? It's the same it has been for months.
Sam's on Grant is currently $1.45Quote:
Originally Posted by Irving
One of my best friends works on a rig. I have a feeling it wont be for long. His company has stated they keep drilling at $32. I would wager that after the current hole is done, they stack the rig.
Trucks are probably running overtime with resupplying stores. Commuting is way down, so maybe less demand on gas?Quote:
Originally Posted by hollohas
Yeah, I'm bummed about this for reasons. Wonder how long it will last.Quote:
Originally Posted by 00tec
All gas in the denver metro comes from suncor or Sinclair.Quote:
Originally Posted by Gman
Which is top tier?
1.40$ at timnath costco this morning.
https://toptiergas.com/Quote:
Originally Posted by Eric P
Consumer are savings lots and lots of money relative to jobs lost. Sucks for people in that industry, but gas price is somewhat also proportional to inflation.
Saudis most likely have lower fixed cost on infrastructure than Russia, and other opec. Different era than back in the 70s where opec tries to cut production to raise price to make more $.
Oil price will bounce back. Also great way to go long on crude LATER ON.
So just marketing hype.Quote:
Originally Posted by Gman
OKC gas is hovering just over a dollar. Diesel is down to about $1.70, too. But who's really driving anywhere?
I took one of my dogs to the vet yesterday. Looked like a normal day in town here. People must not be getting the word about trying to stay home here. Or they don't care. Not sure which.
I think the Sauds and Russkis resent American production.Quote:
Originally Posted by iego
Did this price war start prior to the acceleration of the virus or concurrent?
prior to the public going crazy.Quote:
Originally Posted by roberth
So the oil price war is a coincidence. Thank you.Quote:
Originally Posted by Great-Kazoo
I'm going to save my cheers for cheap gas until I find a job after getting laid off on Friday due to the oil market getting cratered.
I grew up in OK, and worked on a rig in the late 70's. Brutal, nasty job.Quote:
Originally Posted by 00tec
Not at all. I had rough idle and other issues with Sam's gas. Never had that problem again once I went to being specific about Top Tier vendors. Their detergent packages work. My usual stops are Costco and Sinclair.Quote:
Originally Posted by Eric P
I think I posted up a news link where this Saudi/Russian cooperation broke down in another thread. Maybe Coronavirus thread?Quote:
Originally Posted by roberth
...so many threads...[grab]
Traffic here in the 'springs reminds me of what this town was like back in the 80s and 90s.Quote:
Originally Posted by Bailey Guns
...the roads are just wider now.
O2
Read a post on a WA gun forum that their vet was having the owners and pets wait in their cars until called for their turn with the vet. Keeps people from mingling in the waiting room. Not a bad idea.Quote:
Originally Posted by Bailey Guns
I hate waiting at the vet. Everyone lets their dog run around the waiting room. "Hey, think you could keep your German Shepard's head out of my cat carrier?" "Oh he's fine." "Looks like he's about to need surgery to me."
I filled up for 2.69 here, this place is dumb. Slightly better than the +$3.00 we usually have. Lots of dumb people still out and about.
I don't know. Seems like going for a drive is still physical distancing and gets you out of the house for a bit.
Out of work directional planner here. It sucks I have been out of work since late November. I have been through a lot of ups and downs, but this is the worst I have seen the oil patch.
Energy business is really taking a hit here in OK.
The vet I used in Clarkston (WA) was always very busy. Since I left before this became a big deal, I'm not sure how they're handling things. Not unusual to see 10 or more people with their dogs in the waiting room...the fairly small waiting room. They did have a separate waiting room for cats.Quote:
Originally Posted by Gman
$1.54 per gallon in Baltimore...and I didn't hear a single gunshot while filling the tank. Hearing protection is the key. Ears and eyes for safety!
Got some of that $1.45 Costco gas today. Amigo is capable of 19mpg when I don't drive like I usually do, that's nice.
How many miles on that good ol Amigo now?Quote:
Originally Posted by Irving
Well, cat people are special.Quote:
Originally Posted by Bailey Guns
I had to wait in the cat room once with one of my dogs. Made us feel all funny... But not funny "queer" or funny "ha ha".
Bunch o pussiesQuote:
Originally Posted by Gman
https://external-content.duckduckgo....jpg&f=1&nofb=1Quote:
Originally Posted by Gman
I disagree about 70-80% of the time with Cramer, but this one I agree.
Why? The statement is so ovious...
https://www.cnbc.com/amp/2020/03/27/...er-barrel.html
Quote:
Cramer sees oil plummeting below $20 per barrel on dual coronavirus-price war crises
PUBLISHED FRI, MAR 27 2020 11:22 AM EDT
Kevin Stankiewicz
@KEVIN_STANK
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KEY POINTS
CNBC's Jim Cramer said he does not think the price of oil is done falling as it faces demand and supply shocks.
"I think oil takes out $20," Cramer said on "Squawk on the Street."
With U.S. oil trading around $21.50 per barrel early Friday, prices would have to fall more than 7% to go below $20.
Herding cats?Quote:
Originally Posted by Bailey Guns
If demand is falling, and supply is rising, the price will go down.Quote:
Originally Posted by MrPrena
Demand is down, due to Coronavirus restrictions
Supply is up due to Russia, Saudi (OPEC) price war
Basic economics, and terrible for the economy worldwide.
-John