05-17-2016, 02:25 PM
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#29 (permalink)
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Batman Junior
Join Date: Nov 2007
Location: 1000 Islands, Ontario, Canada
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$48 wti / $2.24 US gas
More price chatter, since this thread has been bumped...
US oil hit $48 today. The newsreels and Goldman Sachs say that current supply disruptions (pipeline sabotage in Nigeria, Alberta wildfires, etc...) have effectively removed the overproduction glut from the market. (At least temporarily.)
Not coincidentally, today the average gas price in the States hit a 6 month high of ~$2.24 / gal.
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