lowered fuel prices, whats the reason? ( Archived) (30)

Nov 20, 2014 8:23 PM CST lowered fuel prices, whats the reason?
crayons
crayonscrayonsSt. Jo, Texas USA65 Threads 1,951 Posts
I know what usually causes this.
but this time It's different
what do you think?
------ This thread is Archived ------
Nov 20, 2014 9:26 PM CST lowered fuel prices, whats the reason?
galrads
galradsgalradsDublin, Ohio USA2,264 Threads 279 Polls 36,283 Posts
crayons: I know what usually causes this.
but this time It's different
what do you think?


Everyone in the poor and middle classes in Africa, China, India and Russia junked their cars and now drive motorcycles or ride around on their asses instead? dunno
------ This thread is Archived ------
Nov 20, 2014 9:30 PM CST lowered fuel prices, whats the reason?
utuber
utuberutuberindianapolis, Indiana USA1 Threads 83 Posts
It's crazy..At $4 the economy booms and at $2.75 it busts..Or the futures traders are shaking out the weak longs b/4 heading back up to new highs..$4.50??? or a combination of both..
------ This thread is Archived ------
Nov 20, 2014 10:05 PM CST lowered fuel prices, whats the reason?
raphael119
raphael119raphael119washington d.c., District of Columbia USA19 Threads 3 Polls 5,181 Posts

West texas crude dropped 94 to 75 in two months, thats a huge drop. Putin is livid and thinking nuclear despite what you may have read. Low enough oil prices can bankrupt Russia. Its not a cyber war, its not military, its oil and money. Isis gets most of its money from oil production seized from Iraq. The link above is ten minutes old.
------ This thread is Archived ------
Nov 21, 2014 12:41 PM CST lowered fuel prices, whats the reason?
crayons
crayonscrayonsSt. Jo, Texas USA65 Threads 1,951 Posts
raphael119: http://www.economist.com/news/leaders/21633813-it-closer-crisis-west-or-vladimir-putin-realise-wounded-economy
West texas crude dropped 94 to 75 in two months, thats a huge drop. Putin is livid and thinking nuclear despite what you may have read. Low enough oil prices can bankrupt Russia. Its not a cyber war, its not military, its oil and money. Isis gets most of its money from oil production seized from Iraq. The link above is ten minutes old.
yeah western banks have to keep floating petro dollar
continue dollars fer oil.
------ This thread is Archived ------
Nov 21, 2014 1:05 PM CST lowered fuel prices, whats the reason?
Ccincy
CcincyCcincyCincinnati, Ohio USA77 Threads 20,535 Posts
I doesn't make a hill of beans what I think cause the prices are obviously going to rise or fall.
------ This thread is Archived ------
Nov 21, 2014 1:13 PM CST lowered fuel prices, whats the reason?
Len05
Len05Len05Antwerp, Antwerpen Belgium33 Threads 11 Polls 972 Posts
to hurt Russia.

Russia lives of oil export.
------ This thread is Archived ------
Nov 21, 2014 1:49 PM CST lowered fuel prices, whats the reason?
epirb
epirbepirbDannevirke, Hawke's Bay New Zealand32 Threads 2 Polls 7,379 Posts
crayons: I know what usually causes this.
but this time It's different
what do you think?
A drop in demand caused in part by a slowdown in China . US both producing more mineral oil and more synthetic oil won't be helping the price stay high either . That ISIL oil floating around be good to hook into . Ask the Aussie mine industry to confirm Chinese slowdown .
------ This thread is Archived ------
Nov 21, 2014 3:36 PM CST lowered fuel prices, whats the reason?
then,Saudi Arabia doesn't particularly likes Russia,so,keeping the Prize low is kicking Putin in the Cojones!laugh



at least that's what some think!
------ This thread is Archived ------
Nov 21, 2014 4:32 PM CST lowered fuel prices, whats the reason?
GUZMAN1
GUZMAN1GUZMAN1Barcelona, Catalonia Spain65 Threads 44 Polls 5,101 Posts
Anybody knows how will affect it to the fracking projects?

confused More gas production, more lower the prices. Theoretically, isn't it? I'm not sure.

------ This thread is Archived ------
Nov 22, 2014 4:27 AM CST lowered fuel prices, whats the reason?
Have made a fair amount of money in the pass, trading Oil Futures, long and short. I use to think that I knew the reason or cause of the fluctuation in price, either due to Geopolitical or supply and demand, or both, but honestly, I don't know the underlying reasons. At times, the prices do seem to be out of reason, compared to conditions, at any given time.
------ This thread is Archived ------
Nov 22, 2014 6:04 AM CST lowered fuel prices, whats the reason?
Past, that is. Damn, I wonder if I'll be able to type a paragraph this weekend with correct spelling ? hmmm
------ This thread is Archived ------
Nov 22, 2014 6:11 AM CST lowered fuel prices, whats the reason?
bungallow55
bungallow55bungallow55Lakeland, Florida USA238 Threads 10 Polls 3,837 Posts
crayons: I know what usually causes this.
but this time It's different
what do you think?


Twe leeson iz val iz niar.
------ This thread is Archived ------
Nov 22, 2014 6:34 AM CST lowered fuel prices, whats the reason?
Harryonline
HarryonlineHarryonlineLondon, Greater London, England UK4 Threads 639 Posts
Has this been seen in gas filling stations ? with lowered prices ?

They are quick the rise it but then just keep the price up, when wholesale prices has gone down.

I think over in the US they would be up in arms, if they had someone of the fuel prices there are, in the Europe.
------ This thread is Archived ------
Nov 22, 2014 6:44 AM CST lowered fuel prices, whats the reason?
bungallow55
bungallow55bungallow55Lakeland, Florida USA238 Threads 10 Polls 3,837 Posts
War is nearheart wings
------ This thread is Archived ------
Nov 22, 2014 8:31 PM CST lowered fuel prices, whats the reason?
crayons
crayonscrayonsSt. Jo, Texas USA65 Threads 1,951 Posts
you are so far the only one who has come so

close to the scheme that I am responding,

lets see if someone else can spill the whole thing

you are in south africa and you are closest to the truth

smart man you are
------ This thread is Archived ------
Nov 22, 2014 9:50 PM CST lowered fuel prices, whats the reason?
Maranat
MaranatMaranatLaguna Niguel, California USA3 Threads 33 Posts
Soon they will jump far higher.
------ This thread is Archived ------
Nov 23, 2014 4:06 AM CST lowered fuel prices, whats the reason?
Maranat: Soon they will jump far higher.

Better dust off your Tricycle then!laugh
------ This thread is Archived ------
Nov 23, 2014 7:53 AM CST lowered fuel prices, whats the reason?
TTom50
TTom50TTom50Orlando, Florida USA21 Threads 10 Polls 1,301 Posts
Lowering the prices of fuel did........

......hurt the Iranian economy when Iran is in negotiation with the US on it nuclear programs


......made the Keystone pipeline less financially viable


......made it easier for the struggling economy of the Ukraine to acquire western fuel products


.......kicked a little sand on Vensaelian oil income


.......as Conrad has to nicely stated....kicked Putin in the conchies
as Russia's main export is fuel products.

The fuel price decreased with the increased in the output of Saudi Arabia and the United States....so take that you that doubt Keynesian economicscrying So the price reduction plays into the foreign policy of both the US and Saudi Arabia but I will not mention the word 'collusion' between the two.))
------ This thread is Archived ------
Nov 23, 2014 8:25 AM CST lowered fuel prices, whats the reason?
TTom50: Lowering the prices of fuel did........

......hurt the Iranian economy when Iran is in negotiation with the US on it nuclear programs......made the Keystone pipeline less financially viable......made it easier for the struggling economy of the Ukraine to acquire western fuel products.......kicked a little sand on Vensaelian oil income.......as Conrad has to nicely stated....kicked Putin in the conchies
as Russia's main export is fuel products.

The fuel price decreased with the increased in the output of Saudi Arabia and the United States....so take that you that doubt Keynesian economics So the price reduction plays into the foreign policy of both the US and Saudi Arabia but I will not mention the word 'collusion' between the two.))


nice reply. I am not aware of collusion but it would not surprise me...lol

As far as the states, even without Keystone (which "as is" I think is a bad idea) the states are going to continue to become more and more energy independent. However that affects overseas markets? whatever folks....energy independence is a goal for this country and the overseas markets will have to be creative and find other buyers. It's pretty much that simple.

What this current trend tells us here in the US tho,' is what we have known all along: That gasoline prices were waaaay overinflated and we were paying way too much. The prediction that I heard is that the price of gasoline will remain low for quite a long time.

In the past in this country, once gas prices get too high it has had a negative effect on the tourism, trucking and shipping industries who are also influential in keeping the price lower here.
------ This thread is Archived ------
Post Comment - Post a comment on this Forum Thread

This Thread is Archived

This Thread is archived, so you will no longer be able to post to it. Threads get archived automatically when they are older than 3 months.

« Go back to All Threads
Message #318

Stats for this Thread

1,967 Views
29 Comments
by crayons (65 Threads)
Created: Nov 2014
Last Viewed: Apr 23
Last Commented: Nov 2014

Share this Thread

We use cookies to ensure that you have the best experience possible on our website. Read Our Privacy Policy Here