WTF? $1.319/L
#12
I just hired in a couple contractors to help at my job ..............I just have em stop in and pick me up in the mornin.........................my truck has been settin *** for the last month
its gonna get much worse too.............I see another buck commin at the pump.................people are using more fuel than last year at this time
demand is keeping the prices climbing
its gonna get much worse too.............I see another buck commin at the pump.................people are using more fuel than last year at this time
demand is keeping the prices climbing
#13
Actually WHIT it is the opposite. The price in this case is not driven by demand it is driven by the demand in China and India of all places. There is actually such a huge surplus in NA right now they don't know what to do with it all. Refiners are talking about cutting production to ease the storage issue - but as we know this will then drive the price even further because we will get to low and that will spark more controversy as a result.
I'm at the $5 gallon NOW and can't afford the $6 gallon so it is do or die for me right now.
I'm at the $5 gallon NOW and can't afford the $6 gallon so it is do or die for me right now.
#14
#15
It is nearly $2.00 a litre in New Zealand and around $2.20 a litre in Britian and here we are at $1.40 (give or take) and we still have room to play catch up. I don't know how "they" do it. I drive about 35000 km per year and if I get 950 km per tank and a fill is $180 that's just about $6700 a year!! Again, WTF...
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#20
In this particular case I don't think it is the oil companies doing this . It is the mutual fund companies because it is seen as a good investment. Funny thing is when you buy and sell futures as they do why is that when the futures skyrocket the price at the pump is immediate and then when it calms down the price doesn't?