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Joined: Nov 2003
Posts: 28,411
Campfire Ranger
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Campfire Ranger
Joined: Nov 2003
Posts: 28,411 |
It's not just because of the coronavirus shutdown. Russia and Saudi Arabia are in price war and both pumping far more oil than needed, that's the main reason oil prices are plummeting. To put it where? Oil is done for 2020.
The degree of my privacy is no business of yours.
What we've learned from history is that we haven't learned from it.
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Joined: Dec 2003
Posts: 17,230
Campfire Ranger
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Campfire Ranger
Joined: Dec 2003
Posts: 17,230 |
when it gets to $2 a gallon in Flagstaff, AZ I'll believe it.
...Actually Sycamore, you are sort of right....
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Joined: Aug 2005
Posts: 28,229
Campfire Ranger
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Campfire Ranger
Joined: Aug 2005
Posts: 28,229 |
Dosent it seem to anyone but me how coincidental the Saudi and Russian oil spat was perfectly timed with C19 blooming worldwide.
Naw......
They couldnt be in cahoots with the chinese to crush the U.S economy and get a patsy liberal socialist democrat in office.
Just cause President Trump stood up to em all....
My 2nd kook of the day post on this basic overall subject line.
I wish more would catch on. The Libtard motto..........Whatever It Takes
It is irrelevant what you think. What matters is the TRUTH.
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Joined: Apr 2017
Posts: 525
Campfire Regular
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Campfire Regular
Joined: Apr 2017
Posts: 525 |
Too many taxes on gas to go below a dollar. Oklahoma City has 87octane for $.99
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Joined: Aug 2005
Posts: 28,229
Campfire Ranger
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Campfire Ranger
Joined: Aug 2005
Posts: 28,229 |
State and Federal taxes are roughly 40cts/gallon on gasoline, depending on the State. Fed tax is 20cts/gallon by itself.
It is irrelevant what you think. What matters is the TRUTH.
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Joined: Dec 2006
Posts: 28,172
Campfire Ranger
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Campfire Ranger
Joined: Dec 2006
Posts: 28,172 |
Too many taxes on gas to go below a dollar. The democrats will add more while it's low, if we let them.  That's exactly what's coming. With reduced consumption the socialist States will need to offset the revenue loss, and guess what? They'll double the taxes "just for now" during the emergency. All "just for now" tax increases are just forever.
Hunt with Class and Classics
Religion: A founder of The Church of Spray and Pray
Acquit v. t. To render a judgment in a murder case in San Francisco... EQUAL, adj. As bad as something else. Ambrose Bierce “The Devil's Dictionary”
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Joined: Dec 2003
Posts: 17,230
Campfire Ranger
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Campfire Ranger
Joined: Dec 2003
Posts: 17,230 |
Too many taxes on gas to go below a dollar. Oklahoma City has 87octane for $.99 holy schidt! we're right down I-40! maybe it's on its way!
...Actually Sycamore, you are sort of right....
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Joined: Dec 2003
Posts: 17,230
Campfire Ranger
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Campfire Ranger
Joined: Dec 2003
Posts: 17,230 |
$2 in tucson, $1.65 at Sams club and costco
...Actually Sycamore, you are sort of right....
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Joined: Dec 2006
Posts: 28,172
Campfire Ranger
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Campfire Ranger
Joined: Dec 2006
Posts: 28,172 |
Too many taxes on gas to go below a dollar. Oklahoma City has 87octane for $.99 holy schidt! we're right down I-40! maybe it's on its way! We get hosed out here. Our cut-rate stations are still charging $2.60-$3.10. They'll keep the price up to offset the loss of business. I'm cleaning up my bulk tank, installing a new hose, and calling the bulk supplier. Besides, having my own gas station here on the place is good for social distancing, no more running to Skip's Market to fill up. 
Hunt with Class and Classics
Religion: A founder of The Church of Spray and Pray
Acquit v. t. To render a judgment in a murder case in San Francisco... EQUAL, adj. As bad as something else. Ambrose Bierce “The Devil's Dictionary”
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Joined: Sep 2013
Posts: 17,819
Campfire Ranger
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Campfire Ranger
Joined: Sep 2013
Posts: 17,819 |
We let the domestic producers ho down, we will pay this savings back in spades down the road. I'd much rather pay $3/gal and keep our boys pumping. Agreed 100%.
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Joined: Oct 2005
Posts: 79,321
Campfire Oracle
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Campfire Oracle
Joined: Oct 2005
Posts: 79,321 |
I read an article recently which stated that the break ever for a barrel of oil for Russia is $20. The break even for OPEC nations is $85.
Russia has always cooperated with the OPEC nations in the past when they chose to slow production in order to maintain the price of oil.
The last time they asked, Russia said "no".
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Joined: Nov 2003
Posts: 28,411
Campfire Ranger
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Campfire Ranger
Joined: Nov 2003
Posts: 28,411 |
Too many taxes on gas to go below a dollar. Oklahoma City has 87octane for $.99 holy schidt! we're right down I-40! maybe it's on its way! We get hosed out here. Our cut-rate stations are still charging $2.60-$3.10. They'll keep the price up to offset the loss of business. I'm cleaning up my bulk tank, installing a new hose, and calling the bulk supplier. Besides, having my own gas station here on the place is good for social distancing, no more running to Skip's Market to fill up. Safari, what are you paying per gallon for bulk?
The degree of my privacy is no business of yours.
What we've learned from history is that we haven't learned from it.
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Joined: Feb 2014
Posts: 1,780
Campfire Regular
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Campfire Regular
Joined: Feb 2014
Posts: 1,780 |
Regular gas here is $1.42 and diesel can be had for $1.98.
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Joined: Nov 2003
Posts: 28,411
Campfire Ranger
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Campfire Ranger
Joined: Nov 2003
Posts: 28,411 |
I read an article recently which stated that the break ever for a barrel of oil for Russia is $20. The break even for OPEC nations is $85.
Russia has always cooperated with the OPEC nations in the past when they chose to slow production in order to maintain the price of oil.
The last time they asked, Russia said "no". OPEC nation’s break even at 85$/bbl sounds waaayy off.
The degree of my privacy is no business of yours.
What we've learned from history is that we haven't learned from it.
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Joined: Dec 2006
Posts: 28,172
Campfire Ranger
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Campfire Ranger
Joined: Dec 2006
Posts: 28,172 |
Too many taxes on gas to go below a dollar. Oklahoma City has 87octane for $.99 holy schidt! we're right down I-40! maybe it's on its way! We get hosed out here. Our cut-rate stations are still charging $2.60-$3.10. They'll keep the price up to offset the loss of business. I'm cleaning up my bulk tank, installing a new hose, and calling the bulk supplier. Besides, having my own gas station here on the place is good for social distancing, no more running to Skip's Market to fill up. Safari, what are you paying per gallon for bulk? I'll find out tomorrow. It's been four years since I bought bulk, and that was mostly Diesel. If I buy 500 gallons now you can bet that next week it'll be $0.50/gallon cheaper. . 
Hunt with Class and Classics
Religion: A founder of The Church of Spray and Pray
Acquit v. t. To render a judgment in a murder case in San Francisco... EQUAL, adj. As bad as something else. Ambrose Bierce “The Devil's Dictionary”
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Joined: Apr 2011
Posts: 69,143
Campfire Kahuna
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Campfire Kahuna
Joined: Apr 2011
Posts: 69,143 |
It’s $1.59 per gallon here in N TX.
"Allways speak the truth and you will never have to remember what you said before..." Sam Houston
Texans, "We say Grace, We Say Mam, If You Don't Like it, We Don't Give a Damn!"
~Molɔ̀ːn Labé Skýla~
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Joined: Sep 2013
Posts: 17,819
Campfire Ranger
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Campfire Ranger
Joined: Sep 2013
Posts: 17,819 |
I read an article recently which stated that the break ever for a barrel of oil for Russia is $20. The break even for OPEC nations is $85.
Russia has always cooperated with the OPEC nations in the past when they chose to slow production in order to maintain the price of oil.
The last time they asked, Russia said "no". OPEC nation’s break even at 85$/bbl sounds waaayy off. I believe he is speaking in terms of fiscal break even for the OPEC nations, not production break even.
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Joined: Nov 2003
Posts: 28,411
Campfire Ranger
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Campfire Ranger
Joined: Nov 2003
Posts: 28,411 |
Too many taxes on gas to go below a dollar. Oklahoma City has 87octane for $.99 holy schidt! we're right down I-40! maybe it's on its way! We get hosed out here. Our cut-rate stations are still charging $2.60-$3.10. They'll keep the price up to offset the loss of business. I'm cleaning up my bulk tank, installing a new hose, and calling the bulk supplier. Besides, having my own gas station here on the place is good for social distancing, no more running to Skip's Market to fill up. Safari, what are you paying per gallon for bulk? I'll find out tomorrow. It's been four years since I bought bulk, and that was mostly Diesel. If I buy 500 gallons now you can bet that next week it'll be $0.50/gallon cheaper. . BTDT.
The degree of my privacy is no business of yours.
What we've learned from history is that we haven't learned from it.
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Joined: Dec 2003
Posts: 17,230
Campfire Ranger
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Campfire Ranger
Joined: Dec 2003
Posts: 17,230 |
I read an article recently which stated that the break ever for a barrel of oil for Russia is $20. The break even for OPEC nations is $85.
Russia has always cooperated with the OPEC nations in the past when they chose to slow production in order to maintain the price of oil.
The last time they asked, Russia said "no". i think US and russia are $20, iraq iran and saudi are $10 , uk is $40
...Actually Sycamore, you are sort of right....
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Joined: Nov 2003
Posts: 28,411
Campfire Ranger
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Campfire Ranger
Joined: Nov 2003
Posts: 28,411 |
I read an article recently which stated that the break ever for a barrel of oil for Russia is $20. The break even for OPEC nations is $85.
Russia has always cooperated with the OPEC nations in the past when they chose to slow production in order to maintain the price of oil.
The last time they asked, Russia said "no". OPEC nation’s break even at 85$/bbl sounds waaayy off. I believe he is speaking in terms of fiscal break even for the OPEC nations, not production break even. Has to be. Good point, Wolverine.
The degree of my privacy is no business of yours.
What we've learned from history is that we haven't learned from it.
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