Post by jamshundred on Mar 7, 2022 3:02:58 GMT
It is beginning to look a lot like Venezuela. And my propane tank is empty. (Furnace).
When oil was $100 barrel some years ago, gasoline in my area was just over $4.00 gallon. (Much higher on the west coast). The prices are not “creeping up”. It is a volcano.
The lower and middle classes are going to be in deep do-do
“March 6, 2022 | Sundance | 121 Comments
This is not good for working class Americans, not good at all. With gas prices already jumping, oil futures have now eclipsed a 15-year high and the outlook does not look good.
(MSM) – […] West Texas Intermediate crude futures, the U.S. oil benchmark, traded 8% higher to above $125 a barrel, the highest since July 2008. At one point the price rose to $130.50 Sunday evening before retreating.
The international benchmark, Brent crude, traded 9% higher to $128.60, also the highest price seen since 2008. Brent hit a high of $139.13 at one point overnight.
When oil was $100 barrel some years ago, gasoline in my area was just over $4.00 gallon. (Much higher on the west coast). The prices are not “creeping up”. It is a volcano.
The lower and middle classes are going to be in deep do-do
“March 6, 2022 | Sundance | 121 Comments
This is not good for working class Americans, not good at all. With gas prices already jumping, oil futures have now eclipsed a 15-year high and the outlook does not look good.
(MSM) – […] West Texas Intermediate crude futures, the U.S. oil benchmark, traded 8% higher to above $125 a barrel, the highest since July 2008. At one point the price rose to $130.50 Sunday evening before retreating.
The international benchmark, Brent crude, traded 9% higher to $128.60, also the highest price seen since 2008. Brent hit a high of $139.13 at one point overnight.