Wholesale unleaded gas

[lamboguy]

price just reached $1.71 per gallon today for contract gas, non contract has already been lower.

the barrel went down to $63 and looks like its going to the 2008 high of the lows of $55. if it breaks that $40 might be in the cards. it looks like the Saudi's are unloading as much oil as they can find a home for. this must mean there is some other types of energy coming down the road now.

for a long time now, gold prices have been following the price of oil. this time around it hasn't. the oil take down must have been related to gold to the gold take down in the last 3 1/2 years. now they look like they are moving in opposite directions.

[HUSKER55]

TESLA is building that mega complex. He must have an ace up his sleeve. Also read today that France is outlawing the diesel in cars and the tax breaks are for electric cars.

Somebody hit the mega load.

[JustRalph]

They are just trying to push the fracking yards out of business. They will do this for about 6 months and once the fracking folks start laying off they will slowly ease the price back up.........

[lamboguy]

They are just trying to push the fracking yards out of business. They will do this for about 6 months and once the fracking folks start laying off they will slowly ease the price back up.........i really don't think so, it has to be something else. every ship is full of oil going all over the world now and they are letting the stuff go for whatever they can get now.