G
its going to be a tuff day on wallstreet, the only light is oil and the canadian dollar will be going down with it!!!
8 min till black friday starts
- Thread starter graveler
- Start date
K
-322.49 already, gonna be a long day
K
Oil drops to $63, Opec wants a "fairer price for oil" what a load of BS!
http://www.cnbc.com/id/15840232?video=902719018&play=1
http://www.cnbc.com/id/15840232?video=902719018&play=1
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Black Friday? Heck, we've had a black OCTOBER!!!!!!!!!!
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oil 62.57
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-414.
K
I want to see diesel at 2 bucks!
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^^^^hell 1.31 would be better
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So where is race gas headed?
A
Diesel can go down to a buck a gal. what good is it if you can't burn any? Still not much work to fire up the equipment. Don't get me wrong, it helps, but I'll still be wishing I could start finding more work to get burning it.
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I agree, but this is why I don't think cutting production is going to work for OPEC this time. They got greedy and shot themselves in the foot.
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Diesel will never again go back to the prices we were used to even 5 years ago. Due to EPA regulatioins and the new facilities required to produce low sulfur diesel fuel we, the customers, must bear the burden of progress.
You don't really think that these refineries are going to shell out billions of dollars out of their own pockets to build, maintain, and run these facilities do you?
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No it won't go down to a buck a gallon. The point was "if" it did what good is it if you don't have work to use it.
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The Canadian Dollar's big decline.
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