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  • December 3, 2014 at 4:48 PM #780628
    spdrun
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    .

    December 3, 2014 at 5:10 PM #780634
    Coronita
    Participant

    [quote=AN]http://money.cnn.com/2014/12/03/news/economy/2-gas/index.html?iid=Lead

    <$2/gallon gas is already happening. Some are predicting $35-40/barrel and <$2/gallon gas everywhere. I hope it stays that low for a long while.[/quote] Less than $50/barrel oil is already here in the U.S. Read this article.. It's pretty interesting... http://www.worldoil.com/Bakken-oil-already-under-due-to-regional-discount.html

    December 3, 2014 at 5:17 PM #780636
    an
    Participant

    [quote=flu][quote=AN]http://money.cnn.com/2014/12/03/news/economy/2-gas/index.html?iid=Lead

    <$2/gallon gas is already happening. Some are predicting $35-40/barrel and <$2/gallon gas everywhere. I hope it stays that low for a long while.[/quote] Less than $50/barrel oil is already here in the U.S. Read this article.. It's pretty interesting... http://www.worldoil.com/Bakken-oil-already-under-due-to-regional-discount.html%5B/quote%5DThat's <$50/barrel at the wellhead. I'm talking about $35-40/barrel in the open market. There's a discount at the wellhead because they don't have to pay for gathering fees, trucking, terminalling, pipeline, etc.

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