Oil, gas and mining

Fall in oil prices starting to have 'profound impact' on gas prices: GasBuddy analyst



Patrick De Haan, head of petroleum analysis at GasBuddy argues the ‘worst may be behind us’ as it pertains to gas prices, but outlines the different factors that could change that.

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43 Comments

  1. Too little too late. If you run a large construction project, and you have a certain fuel budget, and the price of fuel doubles in the middle of that job, those are profit losses that can't be recovered. Billions lost across the US. No profits, no bonuses for employees. Just one example that the Lib trash would never think about.

  2. Thank you for quality programming. What you are describing here is accurate – the flight to safety to the US stock market and dollar. This is what is keeping the market going at this time and preventing a crash. This "melt UP" phase will go on for a while, then as the global economy crashes so will US markets only harder due to the "No Win scenario" that has been created by so much obscene debt. Next comes the "Default Phase" with mega-massive bankruptcies and lastly "Asset Seizures" where banks and the Fed government will simply declare an extreme national emergency to justify the crisis and debit your account directly. The fools will think that this could never happen. The actual legislation for this type of action is already in place. My advice to anyone feeling the heat in this inflation, just trade long term more than ever, I have made over 370k from day trading with Judith Sherwood in few weeks, this is one of the best medium to backup your assets incase it goes bearish..

  3. "Collectively"?….since when am I supposed to worry about what the f**king Collective is doing when I am fueling up my vehicle? Is this some bad episode of Star Trek the New Generation and the USA has turned into the BORG?

  4. All our strategic oil reserves are being released that trump bought cheap .with that said it will lower prices some but you wont see 165 a gallon with these idiots in control ever again unless you bring back the guy that knew how to run this country ! Trump and his administration was way way way ahead of the crapstorm we have placed in there now .

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