11-29-2021, 08:43 PM | #85 | ||
CamaroFans.com
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11-29-2021, 11:23 PM | #86 | |
Dumb Ass Deluxe
Drives: A Tricked Out Mountain Bike Join Date: Jun 2019
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Quote:
That extra 15% oversupplied the market and caused a glut. Prices dropped because of that. OPEC would have to curb their production by 15% (which they weren't willing to do) in order to maintain the price per Bbl. If OPEC ate the 15%, then prices would have remained the same.
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11-30-2021, 07:27 AM | #87 |
Drives: '16 Z06 7 Spd, 2024 High Country HD Join Date: May 2015
Location: Kansas City area
Posts: 442
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Releasing 50 million barrels is less than a 3 day supply. Biden has promised 18 million of that go to UK, Japan, S. Korea and China. Yes, China. That leaves less than 2 days supply. Does anyone really believe that will lower price at all.
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11-30-2021, 07:31 AM | #88 |
Drives: 23 ZL1 A10 Rapid Blue Join Date: Aug 2020
Location: MO
Posts: 1,988
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the release only really effected the market side, the supply side of it really wasn't and as noted the consumption rate and the released number of barrels is pretty miniscule in the scheme of things.
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11-30-2021, 12:55 PM | #89 | |
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Quote:
https://www.foxbusiness.com/politics...hina-india.amp |
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12-02-2021, 10:11 PM | #90 | |
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Drives: Camaro SS 1LE Join Date: Aug 2018
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Quote:
The Organization of the Petroleum Exporting Countries and allied producers led by Russia said Thursday they would raise their collective production by another 400,000 barrels a day in January. The group agreed earlier this year to boost output in such increments each month until production reaches pre-pandemic levels. The White House had put pressure on the group to accelerate that pace. Many market watchers, meanwhile, expected the group, which calls itself OPEC+, to pause in opening taps any wider. That expectation came amid the uncertain economic impact of new travel bans going up to curb the Omicron variant and fresh lockdowns in places like Europe, which is suffering through another wave of the older, Delta variant Saudi Arabia and Russia had previously debated such a pause, The Wall Street Journal reported, after the U.S. released stockpiled oil into the market in a bid to lower prices.“ |
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12-03-2021, 02:00 PM | #91 |
Drives: Car Join Date: Jan 2013
Location: Alabama
Posts: 1,192
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Politics and the price of gas are inclusive.
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12-05-2021, 11:21 AM | #92 |
Drives: 2017 Camaro 2SS A8 Join Date: Aug 2018
Location: Petersham MA
Posts: 4,749
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Filled up the daily driver yesterday (‘21 Expedited Limited 4WD)… wow…
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2017 Chevy Camaro 2SS A8 Whipple 3.0, Mast Black Label heads, Fore triple in-tank pumps, 112mm TB, LPE +52% injectors, LPE BB HPFP, 15” conversion 1059 WHP/944 WTQ, 9.48@150
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12-05-2021, 03:18 PM | #93 |
Drives: 2016 1SS NFG A8 Join Date: Aug 2017
Location: 46804
Posts: 6,797
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Gas dropped to 2.95 around here. First time I have seen it below 3.00 in a while.
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2016 NFG 1SS A8
Options-2SS Leather/NPP Perf. mods-Whipple 2.9/Fuel System/Flex Fuel/103mm TB/Rotofab Big Gulp/Cat Deletes/Corsa NPP Per. times- 10.5 @ 137 w/ 1.8 60ft Full weight on 20's 1200DA |
12-05-2021, 05:42 PM | #94 |
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Drives: Camaro SS 1LE Join Date: Aug 2018
Location: Phoenix
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3.77g average here.
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12-06-2021, 09:00 AM | #95 |
Drives: 2011 SS-RS Join Date: May 2011
Location: FLORIDA
Posts: 11,435
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Still 3.99 Shell prem here.
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TSP STAGE 3 CAM,231/246 @112 LSA 614/641 LIFT, CIRCLE D 5C-4200-4500 CONVERTER,LOD INTAKE.CORSA EXHAUST. DSS 1 PC DS. PEGASUS SOLID CRADLE MOUNTS. 486RWHP/475RWTQ.LOTS MORE.
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12-06-2021, 09:54 AM | #96 |
It don’t come easy.
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$3.68 today. Premo 91. Car is under cover in the garage until spring so, not dealing with the premo price for now.
87 is $2.88.
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12-06-2021, 07:53 PM | #97 |
Drives: Camaro 1LE Join Date: May 2018
Location: USA
Posts: 1,348
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All grades at my station except for E85 are roughly 4 cents cheaper since October.
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12-08-2021, 07:13 AM | #98 |
Drives: 23 ZL1 A10 Rapid Blue Join Date: Aug 2020
Location: MO
Posts: 1,988
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$3.59/gl/93 Leavenworth, KS 7 Dec
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