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Originally Posted by EdM
Good to see oil prices up.


It is. Im pretty heavy into energy stocks now. Bought a bunch last April when oil dropped below zero dollars a barrel. I was a dumb grunt in the military And Im no rocket surgeon

Last edited by ribka; 01/12/21.
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Same here. Invested every bit I could since the start of Covid. NASA isn’t upset that I am not working for them....but Stevie Wonder can see opportunity in the heavily depressed energy market.


Yup.
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Originally Posted by las
IIRC on our last trip to Anchorage, it was considerably higher than down here. It is usually the other way around.

I may not recall correctly, but I think it was $3.85 at Girdwood where we fueled up on our way home, and about 3.55 here.

Prices om Maui were about the same as Anchorage, and those are usually higher than ANC.

Sarah did us no favors on gas taxes.


Mark Begich, Joaquin Jackson, and Heller resistance... Three huge reasons to worry about the NRA.
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Originally Posted by AKduck
Same here. Invested every bit I could since the start of Covid. NASA isn’t upset that I am not working for them....but Stevie Wonder can see opportunity in the heavily depressed energy market.


Gosh oil is at negative $28 dollars a share. I wonder if its a good buy now? Ding ding ding ding ding ding

I even bought some Ford when it dropped below 5 bucks a share like I did in 2009 when it dropped below 2 bucks a share.

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Originally Posted by AKduck
Same here. Invested every bit I could since the start of Covid. NASA isn’t upset that I am not working for them....but Stevie Wonder can see opportunity in the heavily depressed energy market.


Gosh oil is at negative $28 dollars a share. I wonder if its a good buy now? Ding ding ding ding ding ding

"Excuse me sir would you like to quadruple your money this year?" lol

I even bought some Ford when it dropped below 5 bucks a share like I did in 2009 when it dropped below 2 bucks a share.

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Wait until Bidin takes over!!!


Well we're Green and we're Gold, and we play better when it's cold. All us Cheese heads have our favorite superstar. We love Brett Favre.
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Good Lord........every time this theme comes up with the same line of ridiculous reasons why fuel prices go up (and down)l For the 500th time, all you have to do is check the price of a bbl of WTI(West TX Intermediate crude), a Wall ST traded commodity, and you will see why fuel does what it does. It's elementary.


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Rocket science Johnny but I look to the employment opportunities that higher oil prices drive. Some won't accept one and want the other...


Conduct is the best proof of character.
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Oil is a four letter word. Yes I own oil wells and learned the business the hard way. Ain’t no integrity in the oil business. They’re barely one notch above chicken fighters and I question that. Lawyers,lobbyists, and politicians have controlled the the industry for 150 yrs. What could go wrong. They were the deep state before there was a deep state. We all know it. It would be a little easier if they didn’t put sand in the Vaseline. It’s gonna be a wild ride boys , don’t bend over. Grab your guns and protect the second amendment. MAGA

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Consumption is down so prices go up.

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Originally Posted by EdM
Rocket science Johnny but I look to the employment opportunities that higher oil prices drive. Some won't accept one and want the other...



Right on EdM.


It is irrelevant what you think. What matters is the TRUTH.
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Originally Posted by websterparish47
Consumption is down so prices go up.


Not exactly. IF "consumption" were down, supply would rise and prices would go down. Inventory/supply data comes out every Wednesday, but prices from suppliers change daily based on the day's trading numbers.


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Maybe profits are down so prices go up;

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another jump today in my neck of the woods


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Filled up Sunday 1.85–Today fill up-2.29!

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$1.97 at Fleet&Farm Green Bay this afternoon.


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https://oilprice.com/Energy/Crude-Oil/Oil-Rises-On-Crude-Draw-Despite-Product-Builds.html

Crude oil prices jumped further today after the Energy Information Administration reported a crude oil inventory draw of 3.2 million barrels for the week to January 8.

This compared with an estimated draw of 5.82 million barrels from the American Petroleum Institute and analyst expectations of a draw totaling 2.72 million barrels.

It also adds onto the inventory decline of as much as 8 million barrels reported for the previous week, which helped push oil prices higher.


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It's only gone up a dime here in the last week.


“In a time of deceit telling the truth is a revolutionary act.”
― George Orwell

It's not over when you lose. It's over when you quit.
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