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RandySF

(59,427 posts) Mon Mar 16, 2020, 10:45 AM Mar 2020

4

Global Oil Use Headed for Record Drop

“Global oil consumption is in free-fall, heading for the biggest annual contraction in history, as more countries introduce unprecedented measures to fight the coronavirus pandemic,” the Los Angeles Times reports.

“Travel bans, work-from-home policies, canceled vacations and disrupted supply chains all mean reduced demand for fuel. As societies respond to the virus, oil demand — already hammered by China’s decision to shut down swaths of the economy — is falling further.”

https://politicalwire.com/2020/03/16/global-oil-use-headed-for-record-drop/

5 replies

= new reply since forum marked as read

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Global Oil Use Headed for Record Drop (Original Post) RandySF Mar 2020 OP

Let it be so, let it stay so. defacto7 Mar 2020 #1

Fuel City regular gas went to $1.799 yesterday. Sunoco was $1.859 next door. House of Roberts Mar 2020 #2

I Paid $1.719 This Morning ProfessorGAC Mar 2020 #4

About the only good thing to come out of this. n/t Liberal In Texas Mar 2020 #3

Really cheap at station down the road. safeinOhio Mar 2020 #5

defacto7

(13,485 posts)

1. Let it be so, let it stay so.

Reply to RandySF (Original post)

Mon Mar 16, 2020, 10:49 AM

Mar 2020

House of Roberts

(5,189 posts)

2. Fuel City regular gas went to $1.799 yesterday. Sunoco was $1.859 next door.

Reply to RandySF (Original post)

Mon Mar 16, 2020, 11:05 AM

Mar 2020

Marathon and Mapco were still at $1.999 on the way in to work this morning.
I'm interested to see how much they drop by my trip home.

ProfessorGAC

(65,248 posts)

4. I Paid $1.719 This Morning

Reply to House of Roberts (Reply #2)

Mon Mar 16, 2020, 11:12 AM

Mar 2020

That's with the Circle K card, so direct retail is 6¢ higher.

Liberal In Texas

(13,592 posts)

3. About the only good thing to come out of this. n/t

Reply to RandySF (Original post)

Mon Mar 16, 2020, 11:12 AM

Mar 2020

safeinOhio

(32,736 posts)

5. Really cheap at station down the road.

Reply to RandySF (Original post)

Mon Mar 16, 2020, 11:21 AM

Mar 2020

Only there are few cars on our road, a 5 lane highway. No cars at the station.

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