Dow drops 350+, plus 530 today, oil drops to $40 a barrel

Uber-Doober

Well-Known Member
I read an article about a year ago that stated that it has been proven through testing that adding nano-particles of Platinum to gasoline could reduce pollution from the tailpipe about 60% from what it is now.
The particles would be so small that they would never fall out of solution, but just float around in the gas forever.
Watch California go for it.
 

Showa50

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There are still refinery's offline.

The price of oil has more to do with OPEC not wanting to give up market share to shale oil producers here.
 

Optimus Uber

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  • #26
It's "up to $1" but you have to spend $1,000 on groceries to do that.

Part of the reason gas is so expensive there is because your taxes are absurd.
We get .10 off for every $100 we spend. But you can only use two rewards at a time and only up to 25 gallons. Which isn't an issue as my car only holds about 13 gallons on a fill up.

Ralph's is partnered with shell.

Vons/Safeway/pavilions is partnered with chevron
 

Optimus Uber

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  • #27
There are still refinery's offline.

The price of oil has more to do with OPEC not wanting to give up market share to shale oil producers here.
I have a guy that I drive every week. He owns land in North Dakota that they are taking the shale. He said opec thinks they are running at a loss at $40 a barrel because of the cost to extract it. He said they are wrong. He said there is so much shale they could drain the oil in the Middle East and still be frackin the Shale. He says they are fighting an uphill battle and don't know the true costs.

Also there is a huge deposit of shale in Monterey, CA. So far the tree huggers won't let them touch it he says if gas goes to $5 a gallon they will let them take it.
 

Mr. T

Well-Known Member
We get .10 off for every $100 we spend. But you can only use two rewards at a time and only up to 25 gallons. Which isn't an issue as my car only holds about 13 gallons on a fill up.

Ralph's is partnered with shell.

Vons/Safeway/pavilions is partnered with chevron
Ralph's Is Kroger right? That's what the chain is here. And it's 10 cents every hundred dollars but you can "keep" them up to a full dollar, max I hit is 40 cents. And Frys is partnered with circle k/shell which I think is the same company
 

frndthDuvel

Well-Known Member
I have a guy that I drive every week. He owns land in North Dakota that they are taking the shale. He said opec thinks they are running at a loss at $40 a barrel because of the cost to extract it. He said they are wrong. He said there is so much shale they could drain the oil in the Middle East and still be frackin the Shale. He says they are fighting an uphill battle and don't know the true costs.

Also there is a huge deposit of shale in Monterey, CA. So far the tree huggers won't let them touch it he says if gas goes to $5 a gallon they will let them take it.
Why not use everybody elses carbon before we tap the last of ours. Anwar? It will be worth more next century than it is now for the already obscenely wealthy. We always hear drill baby drill! Yeah so they can ship it over seas. Too much natural gas? We have to ship LPG over seas? When has your electricity bill gone down due to the surplus. Erecting super terminals to export coal to increase green house gasses over seas? When has your electrical bill gone down due to the surplus?
 
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frndthDuvel

Well-Known Member
as Toi points out... we in Kalifornia pay more because tree huggers run the state... we would take a three legged spotted toad over a new modern nuclear power plant.

and the oil companies have record profits quarter after quarter.... you KNOW they are paying to play!
I find the use of spelling California with a K offensive. And mostly used by ignorant red state gun owners on over moderated gun forums. YMMV Spouting off about living in a free state,where often the alcohol restrictions are archaic and they lock folks up for smoking pot. Like the red state folks are known to say, if you don't love it leave it.
 

Mr. T

Well-Known Member
I find the use of spelling California with a K offensive. And mostly used by ignorant red state gun owners on over moderated gun forums. YMMV Spouting off about living in a free state,where often the alcohol restrictions are archaic and they lock folks up for smoking pot. Like the red state folks are known to say, if you don't love it leave it.
"WAAAAA IM OFFENDED, HILLARY HOLD ME TILL BETTER"
 

Optimus Uber

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  • #35
Ralph's Is Kroger right? That's what the chain is here. And it's 10 cents every hundred dollars but you can "keep" them up to a full dollar, max I hit is 40 cents. And Frys is partnered with circle k/shell which I think is the same company
Yep. Ralph's is Kroger
I didn't realize she'll and circle k are in bed with each other good to know.

She'll is the gasoline of choice for BMW. At least that's what the commercial I saw said
 

Optimus Uber

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  • #36
^^^
The Wall Street analysts along with reading the chatter through the Spiders think something really nasty is gonna happen beginning the middle of Sept.
If it's a repeat of when the U.S. Market collapsed. Get your liquid ready to buy into the market

The trend is to buy into the market between the 2nd and 3rd week of October. That is normally the biggest dip of the year

When the funds pull their gains and losses and get ready to reallocate for the next year
 

Optimus Uber

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  • #37
Why not use everybody elses carbon before we tap the last of ours. Anwar? It will be worth more next century than it is now for the already obscenely wealthy. We always hear drill baby drill! Yeah so they can ship it over seas. Too much natural gas? We have to ship LPG over seas? When has your electricity bill gone down due to the surplus. Erecting super terminals to export coal to increase green house gasses over seas? When has your electrical bill gone down due to the surplus?
That's the plan. Make sure we run out last.
 

Mr. T

Well-Known Member
Yep. Ralph's is Kroger
I didn't realize she'll and circle k are in bed with each other good to know.

She'll is the gasoline of choice for BMW. At least that's what the commercial I saw said
In Arizona there's a lot that are "shell gas" and a circle k convenience store. And both take Frys points are good at both
 
^^^
The Wall Street analysts along with reading the chatter through the Spiders think something really nasty is gonna happen beginning the middle of Sept.
Ah....no. Even if we are in the midst of a correction, the market doesn't drop a lot more than it has. Good buying opportunity if you have the acumen for this kind of thing. Or buy gold or something...oof
 
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