Jump to content
  • Welcome to AngelsWin.com

    AngelsWin.com - THE Internet Home for Angels fans! Unraveling Angels Baseball ... One Thread at a Time.

    Register today to comment and join the most interactive online Angels community on the net!

    Once you're a member you'll see less advertisements. If you become a Premium member and you won't see any ads! 

     

IGNORED

Gas Prices


NJHalo

Recommended Posts

The Saudis announced that they weren't going to cut production a couple days ago. Prices aren't going up anytime soon. I think there is a bit of a Saudi power play here. They can pull oil out of the ground cheaper than anyone on the planet. So they get to squeeze Iran, Russia and the US fracking boom at the same time.

Link to comment
Share on other sites

The Saudis announced that they weren't going to cut production a couple days ago. Prices aren't going up anytime soon. I think there is a bit of a Saudi power play here. They can pull oil out of the ground cheaper than anyone on the planet. So they get to squeeze Iran, Russia and the US fracking boom at the same time.

 

Playing the conspiracy card here.  But could this Saudi move be aimed at hurting ISIS?  ISIS gets most of their money from blackmarket oil.  If oil is so cheap that it makes the blackmarket not worth it, wouldn't it help the fight against them?  

 

But more in line with probably reality.  US is about to start exporting oil.  The three largest consumers of oil are China, Japan and the United States.  83%ish of oil imported into Japan comes from the middle east, 33% from Saudi Arabia.  Saudi Arabia might be feeling the heat from the US and is trying to protect their export market.  Remember that Russia is also a player with their pipeline to the East.  

Link to comment
Share on other sites

Gas prices are purely the product of gouging. Taking supply and demand into account, price gases should be about 2 dollars a gallon in California. 

 

Impossible with all the damn taxes that CA puts on gas.  Something like 71 cents per gallon.  National average is 50 cents.  In Texas it's 38 cents.  

Edited by gotbeer
Link to comment
Share on other sites

Anyone use gasbuddy or other such apps?  You can tell which gas stations have the cheapest gas without having to drive around looking at gas stations.

I just loaded it on my iPhone4s a couple of days ago.  

 

You can see how wild the price fluctuations can be.

One city had the cheapest gas at 2.97 and most expensive at just over 4.00.

Edited by Angel Oracle
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...