Diesel Price
Filled up the new truck other day. All time low for diesel!! With Kroger points .67 cents a gallon!!
Forum Discussion
I just wonder if oil/gas prices will be low, just long enough to bankrupt the fracking and the marginally profitable outfits... then we will see oil back at $100/barrel and $5/gallon gas prices for the long haul.
Plus, it doesn't take much to spike gas prices. Iran could get fussy and mine the Strait of Hormuz like they did back in the early 1980s, which would get oil in the triple digits in hours.
I can't complain about the prices, but I just worry if people don't realize we are well past peak oil, and it only will get more expensive to get that stuff out of the ground, and the stuff gotten out requires more and more processing.
Plus, it doesn't take much to spike gas prices. Iran could get fussy and mine the Strait of Hormuz like they did back in the early 1980s, which would get oil in the triple digits in hours.
I can't complain about the prices, but I just worry if people don't realize we are well past peak oil, and it only will get more expensive to get that stuff out of the ground, and the stuff gotten out requires more and more processing.
