$1.98 today
$1.98 today
Successful people build each other up. They motivate, inspire and push each other. Unsuccessful people just hate, blame and complain.
Is this a tear in my eye ?????? just recently hear in the land down under our petrol price has dropped from a $1.50 roughly a litre to around $1.10 a litre.
Oh an theirs about 4 liters to the Gallon, So currently round $4.00 a gallon from $6.00 a gallon.
Ohhhh and it wasn't a tear it was sweat
I paid 1.29 a gal., yesterday with my grocery store discount. There are thousands of lay offs happening here in the oil patch. Like I said, enjoy it while u can, when it turns, look out.
We were at $1.96 a few days ago then it when up to $1.99 and now it's at $2.05.
94 drilling rigs shut down last week. This is not going to end well.
It will eventually balance itself out. There are still close to 1,600 still working in the USA and Gulf of Mexico. 400 in Canada alone.
The rig counts internationally continue to increase in a few middle eastern countries, not every oil producer belongs to OPEC and there are several countries pumping more oil then they have ever done in past years. Everyone wants a slice of the pie.
$30-$40 a Barrel would be nice for at least 3-4 years. You would see the world economies rebound. Just my scientific wild ass guess
Successful people build each other up. They motivate, inspire and push each other. Unsuccessful people just hate, blame and complain.