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Crude now around $80/barrel. That does not bode well for next spring, IMO.
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Prices seemed to go up overnight about 2 or 3 weeks ago. We're up to about 2.69 here...
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Crude still hovering around $80/barrel. I wouldn't be surprised if we hit $90 to $100/barrel by spring, since I expect a demand uptick beyond normal.
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Hasn't dropped below $4ish per USGal in the last 6 years.
Still hovering around $1.05 / $1.11 per litre |
Crude nearing $84/barrel. Gasoline average is $2.74/gallon.
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But i thought this was all Bush's fault??
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True leaders would attack this problem when it's not a problem. Prices are going to skyrocket again, and then they'll come up with patchwork solutions that really don't lower the price to ease political pressure.
They should have been proactive about this years ago to increase supply on our own front. |
I'm afraid higher crude oil prices are likely here to stay. With China and other emerging markets the demand for crude oil should remain strong. I recently read an article that we're approaching peak production. With world demand so strong and significant oil discoveries so few, we could be in big trouble soon.
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And driving habits have changed, but they still will cut production to keep costs up there.. |
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