WTI is now under $100 a barrel

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WTI is now under $100 a barrel
NDFarm User ID: 72759691 United States 07/05/2022 03:32 PM Report Abusive Post Report Copyright Violation	WTI is now under $100 a barrel So gas shouldn't be more than $3.50. but there's the corporate greed factor. [link to oilprice.com (secure)] Ag commodities are in freefall also. Thread: Ag commodities prices collapsing

Anonymous Coward User ID: 59104133 United States 07/05/2022 03:39 PM Report Abusive Post Report Copyright Violation	Re: WTI is now under $100 a barrel If oil is cheap, but not plentiful, we are headed to a disaster. Prices go up in times of scarcity for good reason.
Anonymous Coward User ID: 83629402 United States 07/05/2022 03:44 PM Report Abusive Post Report Copyright Violation	Re: WTI is now under $100 a barrel Dang I was ready to call bs but it's down $8.75 so far today. Quick, get Brandon jacked up so he can totter out and take credit before the whole system fails.
Anonymous Coward User ID: 59104133 United States 07/05/2022 03:50 PM Report Abusive Post Report Copyright Violation	Re: WTI is now under $100 a barrel If oil is cheap, but not plentiful, we are headed to a disaster. Prices go up in times of scarcity for good reason. Quoting: Anonymous Coward 59104133 Let me explain for those of you with no gray hairs, a leftist view of economics or no basic understanding of reality. If supply is low, prices rise under normal circumstances. The higher prices will reduce the amount of product sold. If supply is high, prices will drop. The low price leads to more product being sold. If supply is low and prices are low, shortages will occur.
Anonymous Coward User ID: 59104133 United States 07/05/2022 08:26 PM Report Abusive Post Report Copyright Violation	Re: WTI is now under $100 a barrel
Anonymous Coward User ID: 37229598 United States 07/05/2022 08:32 PM Report Abusive Post Report Copyright Violation	Re: WTI is now under $100 a barrel Back over $101, blue light special didn't last long!
libpoker User ID: 82022654 United States 07/05/2022 08:37 PM Report Abusive Post Report Copyright Violation	Re: WTI is now under $100 a barrel Everybody need to stay an ECON class... muahahahahaha So, how long does it take for the oil from the well to make it to the gas pumps? I guess the oil co's need to swap from fifo lifo lilo filo or however their inventory is moved in order to temporarily give the consumer a penny break for that "time window" We own you
Anonymous Coward User ID: 84983204 United States 06/03/2023 06:30 PM Report Abusive Post Report Copyright Violation	Re: WTI is now under $100 a barrel
Anonymous Coward User ID: 85901969 United Kingdom 06/03/2023 06:53 PM Report Abusive Post Report Copyright Violation	Re: WTI is now under $100 a barrel If oil is cheap, but not plentiful, we are headed to a disaster. Prices go up in times of scarcity for good reason. Quoting: Anonymous Coward 59104133 Was it scarce though?
Anonymous Coward User ID: 84043880 United States 06/03/2023 06:58 PM Report Abusive Post Report Copyright Violation	Re: WTI is now under $100 a barrel So gas shouldn't be more than $3.50. but there's the corporate greed factor. Quoting: NDFarm You spelled DEMOCRATS incorrectly.

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