topic Re: Crude oil in Community Chat

Crude oil

catter70 — Mon, 03 Apr 2023 14:12:28 GMT

Just turned on Fox business news to check stock prices and see that today the price of crude is up $5.00 a barrel. Now a bit over $80.00 a barrel again. Here we go again, just in time for summer.

Re: Crude oil

On It — Mon, 03 Apr 2023 14:14:15 GMT

@catter70 Saudi Arabia is causing the rise in price. They cut their production to affect the price.

Re: Crude oil

catter70 — Mon, 03 Apr 2023 14:20:59 GMT

@On It , guess they have us over a barrel, so to say.

Re: Crude oil

kaydee50 — Mon, 03 Apr 2023 15:00:15 GMT

So happy I don't have/need a car!

Re: Crude oil

wagirl — Mon, 03 Apr 2023 15:03:20 GMT

@kaydee50 ----same with me----however we, non- car owners will still pay as much anyway----it will effect us all!!!

Re: Crude oil

Isobel Archer — Mon, 03 Apr 2023 15:06:50 GMT

@On It wrote:
@catter70 Saudi Arabia is causing the rise in price. They cut their production to affect the price.

Yes it's definitely their fault for causing us to stop producing it here.

Soooo much more enviromentally friendly to get it from Saudi.

Re: Crude oil

frenchie — Mon, 03 Apr 2023 15:08:37 GMT

This happens every year nearing May 30. Always a different reason but always does. You can count on it.

Re: Crude oil

millieshops — Mon, 03 Apr 2023 15:12:09 GMT

@kaydee50 I do need a car but gasoline is a tiny part of my budget so that increase is minor.

The real cost for someone like me that increased gas affects is what it does to prices of all kinds of other products and services.

Re: Crude oil

snipsnapsnur — Mon, 03 Apr 2023 15:38:23 GMT

@Isobel Archer wrote:
@On It wrote:
@catter70 Saudi Arabia is causing the rise in price. They cut their production to affect the price.
Yes it's definitely their fault for causing us to stop producing it here.

Soooo much more enviromentally friendly to get it from Saudi.

I sure hope you're joking.

Re: Crude oil

Isobel Archer — Mon, 03 Apr 2023 16:07:06 GMT

@snipsnapsnur wrote:
@Isobel Archer wrote:
@On It wrote:
@catter70 Saudi Arabia is causing the rise in price. They cut their production to affect the price.
Yes it's definitely their fault for causing us to stop producing it here.

Soooo much more enviromentally friendly to get it from Saudi.
I sure hope you're joking.

I am but clearly those in charge are not.

Re: Crude oil

SoCal Bred — Mon, 03 Apr 2023 16:40:07 GMT

Nothing new for us in SoCal, we are still paying about $5.00 for a gallon of gas, some places even more.