Archived Gasoline Prices Continue to Plunge, 47-cent Gas Hits Michigan (blog.gasbuddy.com)
submitted ago by TerriChris
Posted by: TerriChris
Posting time: 4.9 years ago on
Last edit time: never edited.
Archived on: 2/12/2017 1:51:00 AM
Views: 165
SCP: 14
14 upvotes, 0 downvotes (100% upvoted it)
Archived Gasoline Prices Continue to Plunge, 47-cent Gas Hits Michigan (blog.gasbuddy.com)
submitted ago by TerriChris
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[–] [deleted] 0 points 7 points 7 points (+7|-0) ago
[–] Sciency 0 points 2 points 2 points (+2|-0) ago
Damn that's good.
[–] ZF_1 0 points 2 points 2 points (+2|-0) ago
Remember when they talked about peak oil. This just makes me think that oil prices are fixed. This is probably done to hurt Russia.
[–] enjia2000 ago
Supply and demand. There's a huge supply right now. The market is flooded.
[–] [deleted] 0 points 1 point 1 point (+1|-0) ago
[–] diodine 0 points 2 points 2 points (+2|-0) ago
Sucks living in a liberal state, doesn't it? man I wish I didn't live in a liberal state
[–] [deleted] 0 points 1 point 1 point (+1|-0) ago
[–] pray_the_gay_away 0 points 4 points 4 points (+4|-0) ago (edited ago)
Because liberals. They vote for democrats no matter how corrupt they are, so you end up with a dirty 1 party system that lets the oil refineries get away with collusion. In a two party system, the two sides fight and accuse each other of corruption, so you get much less actual corruption.
[–] ZF_1 ago
Gas tax. Better getting it from that then having police state.
[–] y2imm ago
$2.49 a US gallon here in Brantford, Ontario...adjusted
[–] [deleted] ago
[–] enjia2000 ago
You have much nicer roads.
[–] Medwin 1 point 0 points 1 point (+1|-1) ago
BUY OIL STOCKS NOW
[–] Mr_Wolf 0 points 2 points 2 points (+2|-0) ago
Pretty much it right there.
They'll jump back up given time and in the mean time they pay out a decent dividend.
[–] Medwin 0 points 2 points 2 points (+2|-0) ago
SDRL is incredibility cheap, but it is fairly risky given the offshore drilling costs are not sustainable in the current market, but wow it's very temping to drop a load on.
[–] lord_nougat ago
Still over $3 in Los Angeles for the cheap stuff!
Well, not the cheapest cheap stuff, but that shit is half mud, half alcohol.