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oil below 40 a barrel
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K
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22 Aug ’15 - 10:15 am
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whoa, maybe 20 a barrel isn't as far fetched as it seems

U.S. oil prices traded below $40 a barrel for the first time since the 2009 financial crisis, ending 2 percent lower on Friday on signs of U.S. oversupply and weak Chinese manufacturing and notching the longest weekly losing streak in almost three decades.

U.S. crude dipped below the $40 threshold following weekly data that showed U.S. energy firms added two oil drilling rigs last week, the fifth increase in a row. The rise in the number of rigs emerging after a second quarter lull in prices is adding to concerns U.S. shale production is proving slow to respond to falling prices, prolonging a global glut. [RIG/U]

more http://www.reuters.com/article/2015/08/21/us-markets-oil-idUSKCN0QQ02X20150821

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Hessian
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23 Aug ’15 - 2:33 pm
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Sadly though I never seem to see a difference at the pumps.

Do Americans see any movement beyond 2-3 cent difference when the price drops?

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K
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24 Aug ’15 - 10:34 am
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like a week later, up like a balloon, down like a feather

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K
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11 Sep ’15 - 9:09 am
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looks like 20 might be happening

http://www.theaustra.....7523580557

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ashleigh11
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11 Sep ’15 - 1:19 pm
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One of the nurses I work with that used to be a commodities trader is predicting a bottom of $31ish. It will be interesting to see what happens.

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farmboy2
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11 Sep ’15 - 8:16 pm
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gas should be 1.20 gal

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K
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12 Sep ’15 - 9:26 am
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what gas prices are you guys seeing locally?

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ashleigh11
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13 Sep ’15 - 4:18 pm
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I paid $2.35 a couple of days ago.  Just looked on a price watch site and gas is about $2.14 at a bunch of places.

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