Abundant crude supply doesn't push gas prices down

Discussion in 'Energy' started by Wry Catcher, Apr 23, 2012.

  1. Wry Catcher
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    Wry Catcher Platinum Member

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    Last edited: Apr 23, 2012
  2. FuelRod
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    FuelRod Gold Member

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    I don't know if an editorial in a San Francisco newspaper is a reliable source.
     
  3. Wry Catcher
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    Wry Catcher Platinum Member

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    I wouldn't expect it to be posted on Fox - though I'll look for a source you'll trust (if one exists). Any recommendations?
     
  4. Mr. H.
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    Mr. H. Diamond Member

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    That's a good article.
     
  5. whitehall
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    whitehall Gold Member

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    It's no mystery even though Obama defenders would rather twist logic into a pretzel. Attitude and agenda drives gas futures. Barry Hussein's obvious agenda is to keep gas prices high so the futures investors feel safe in gambling that oil prices will stay high. If Barry Hussein turned around and said drill baby drill gas futures would drop like a rock.
     
  6. waltky
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    waltky Wise ol' monkey Supporting Member

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    OPEC and Russia output rise despite production cut agreement...
    [​IMG]
    Oil falls on production cut skepticism, OPEC and Russia output rise
    Tue Dec 6, 2016 | Oil prices on Tuesday fell for the first session since OPEC agreed to cut output last week after data showed crude production rose in most major export regions and on growing skepticism that the cartel would be able to reduce production.
     

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