Jump to content

Average diesel prices down 8.4 cents; oil at six-year low


Recommended Posts

Ah, yes. Thanks to the current shale oil boom in America, the price per barrel of crude oil continues to sink like the Exxon Valdez. The Saudis refuse to cut production to inflate the price because, at this point, they are just trying to hold on to the market share they have. Once the Keystone pipeline is finally set in place and Congress rolls back the crude oil export ban (IF they roll back the crude oil export ban), the Saudis and OPEC in general will really be screaming for mercy. The U.S. is on track to become the world's leading oil producer by the end of this year and I say "Amen!". For far too long, we have been at the mercy of OPEC and, more specifically, Saudi Aramco, and now, the tables have turned and the Middle East can get a taste of their own medicine! Do I sound just a little bit jaded? LOL.

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
×
×
  • Create New...