JakeStarkey
Diamond Member
- Aug 10, 2009
- 168,037
- 16,522
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- Banned
- #1
Biggest summer driving day coming up this weekend, and then demand drops off for the rest of the year.
The US is drilling like crazy, so is OPEC, and there is no sign in their next meeting they are going to cut it.
I will pay $2.43 a gallon to drive to Baton Rouge for a family business meeting from the Hill County and will pay less next week on the way back.
The deal with Iran will further depress prices and the demand from Brazil/China/India continues to be mediocre.
I bet I will be paying $1.75 a gallon at the end of September.
Will that be a good thing or a bad thing?
The US is drilling like crazy, so is OPEC, and there is no sign in their next meeting they are going to cut it.
I will pay $2.43 a gallon to drive to Baton Rouge for a family business meeting from the Hill County and will pay less next week on the way back.
The deal with Iran will further depress prices and the demand from Brazil/China/India continues to be mediocre.
I bet I will be paying $1.75 a gallon at the end of September.
Will that be a good thing or a bad thing?