With crude at $42.68

[safeinOhio]

who will turn on trump first, Russia, Saudi Arabia or Texas?

[Turbineguy]

1. I think the money boys

must be near telling him the jig is up.

[no_hypocrisy]

2. Dick Cheney's coming after Don . . . . . .

[Buckeyeblue]

3. The Russians need $75 a barrel

I think the Saudis and the Texans make plenty at that price.

[pwb]

4. Gas should be under 2 dollars a gallon.

And its not.

[leftyladyfrommo]

6. It is $1.90 here in KCMO. And dropping. nt

[pwb]

7. Great its 2.38 in N Y

New York taxes aren't that much higher. Usually its 60 cents over the commodity price which today is 1.38. So someone along the chain is screwing us. wholesalers or retailers ???

[safeinOhio]

10. If it jumps up 30 to 40 cents in one day, all over town.

If it then drops few cents every other day, it might be the Speedway Effect.


http://www.thegasgame.com/speedway-effect/

[SammyWinstonJack]

9. $1.89 unleaded here in Crossville Tn

[sarah FAILIN]

12. Decatur Alabama $1.84 nt

[Moral Compass]

18. Saw $1.77 today

In Plano, TX I saw $1.77 today.

If you’re on the west coast you’ll never see that. You’re oil comes largely from the North Slope and taxes and other factors mean that gasoline in CA is currently close to $4 per gallon. Where you live makes a huge difference in the amount you pay per gallon. Always has.

[Sherman A1]

20. 1.91 here in St. Louis

so it is under $2.00 per gallon. Depends upon where you are at and the gasoline taxes.

[ansible]

21. $3.10 here in California

And it's going to go up next year too because of more taxes

[marble falls]

5. Texas actually makes money at $42.68. Russia and Saudi's don't.

[Turbineguy]

11. But we export it.

And it's gone. We export it while it's cheap, so there won't be any when it gets expensive.

I would never accuse a republican of long-term planning.

[marble falls]

13. Yeah, we do. VW plans to have no petroleum burning engines by 2030. The ...

writings on the wall.

[Mosby]

15. The US has strategic oil reserves.

Though trump is selling some of it, naturally.

https://seekingalpha.com/article/4200849-trump-signals-drawdown-strategic-petroleum-reserve

Note I don't know anything about this website, just the first article I found that covers the topic.

[Mosby]

14. frackers need around 50 a barrel to break even

[akraven]

8. Alaska.

The Pipeline is still rocking. We don't like assholes much.

[grantcart]

16. They will cooperate to gin up a nonexistent threat in Iran

Get into a physical embargo, have an exchange of fire

The insurance for the tankers who go through the Straits of Hormutz will be invalid and the movement of 40% of the world's oil will be compromised.

Presto $90 per barrel.

Made much more plausible with the removal of Mattis.

[safeinOhio]

17. Gulf of Tonkin?

The Oil Wars.

[Wellstone ruled]

19. And Canadian Heavy Crude is 19 bucks and falling.