RV Fuel Issues & Prices - Post 'Em Here!

Oil workers in ND are average over $85,000 per year. Much of the gas being flared off at the well head is hydrogen sulfide not methane. When it become economically feasible to recoup it, it will happen. That is how the market works. Excess natural gas will be compressed and exported. Many large companies are world wide. That is the way it is. Caterpillar sells 2/3's of it equipment overseas. 2 of every 3 GM cars are made overseas. This is no longer you Daddy's world. Companies and industries that recognize change and adapt survive. Those that don't, fail.

"Helps with our balance of payments and creates thousands of high paying jobs." per LR.
Yeah down in LA you can can them high paying in the north we call it min wage. Thousands???? maybe a hundred or two.

Right now they are burning off lots of NG because a glut would lower the price more , boy we can't have that.

I think most of the money and profit will go off shore because most oil companys are foreign owned.

AAA predicts a peak of between $3.55 and $3.75 per gallon. Last time they predicted this in 2013 it rose .50cents. Yep, let's see, 3.10 to 4.05. That's just about .50cents I guess. So much for predictions.

The deluge of domestic oil has helped our balance of payments, but we still import over 20% of our crude oil. We could be totally independent if given a chance. When natural gas supplies caught up surpassed demand, we had a 65% drop in price.

saw a picture of an oil train lying on its side spilling out. thank goodness that oil wasn't in an unsafe pipeline.
bumpy

Looks like gasoline prices are increasing up here. Prices range from $3.21 to $3.35 a gallon with the majority at $3.29. Even with the deluge of Baaken oil, prices still increase. Diesel is still above $4.00 a gallon.

The export facilities have not operational yet, just approved. When the US has an excess of something is it great to export it. Helps with our balance of payments and creates thousands of high paying jobs. The propane is not a reason for the increased natural gas, it is a byproduct. I said it as an aside and it should be a positive for those needing it. We export massive amounts of coal from the US and it is keeping a lot of folks working now that it's use is declining in the US. Nice to get our money back from China.

LindsayRichards wrote:
The feds approved the 6th LNG export facility yesterday which should increase the propane production as it is a byproduct of natural gas.

Lobbyist for the oil companys had a hand in this, no doubt. They certainly haven't needed extra propane up north nor would they want a glut here as the price might have to go down.

The feds approved the 6th LNG export facility yesterday which should increase the propane production as it is a byproduct of natural gas.

There has to be less gallons used this year so far. Storms have kept millions off the road for hours if not days due to ice. Others have already been off the road because they crashed during the storms and car,trucks, are now in body shops. Unless refineries have cut productions, no need for increased prices at pump.