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Supplicate
ACCOUNT CLOSED
what do you guys expect with oil at over $100 a barrel? Market settled at $101.84, down almost $10 from the record high set last monday.
The diesel is the only vehicle I have to drive currently, and the gas vehicle of mine thats in storage on the othe side of the state gets less mileage. I guess you could say that for the first time the US citizens are finally starting to feel the burden of the world oil market. Look at costs of fuel in europe. They are up around $8/gallon for diesel.
We have to face it, oil companies have realized that the market can take this high of a burdon. Do any of you really think they will stop posting record profits so we can go back to the $1.00 or less per gallon for gas or diesel? Is the whole nation going to stop driving to get the prices to go back down? Hell no to both.
The only way a forseeable change could come about would be for the entire nation to take one single day and not drive a mile. Just one day. Think of the millions of dollars of revenue the oil and gas companies would lose in one single day. Not one person would show up to processing facilities, no wells would be drilled, no oil products would be consumed in a vehicle.
But, do you really think that something of that magnitude would ever actually happen? This is primarily the reason that I am getting my lazy butt back into the oil & gas industry, its where the money is for sure.
The diesel is the only vehicle I have to drive currently, and the gas vehicle of mine thats in storage on the othe side of the state gets less mileage. I guess you could say that for the first time the US citizens are finally starting to feel the burden of the world oil market. Look at costs of fuel in europe. They are up around $8/gallon for diesel.
We have to face it, oil companies have realized that the market can take this high of a burdon. Do any of you really think they will stop posting record profits so we can go back to the $1.00 or less per gallon for gas or diesel? Is the whole nation going to stop driving to get the prices to go back down? Hell no to both.
The only way a forseeable change could come about would be for the entire nation to take one single day and not drive a mile. Just one day. Think of the millions of dollars of revenue the oil and gas companies would lose in one single day. Not one person would show up to processing facilities, no wells would be drilled, no oil products would be consumed in a vehicle.
But, do you really think that something of that magnitude would ever actually happen? This is primarily the reason that I am getting my lazy butt back into the oil & gas industry, its where the money is for sure.