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A Barrel of Oil Reaches to New Highs!
You will be forced economical to drive less and/or buy an electrical auto soon enough. It's political because of The New Green deals with Co2 admissions,
serf
https://longforecast.com/oil-price-today-forecast-2017-2018-2019-2020-2021-brent-wti
Comments
Speculation
The Republicans can't get in fast enough to prevent it. The Democrats are all for it. Once everybody finds out they are had, it will be too late for the average American to get back to a standard of living he/she once had. The good old days are over for American.
serf
Wouldn't even call this news. Biden said expect to be paying much more per gallon if he won.
BTW: This is one of the few promises Biden and his DEMOCRAT congress have kept.
+1
Speculators and oil producers trying to make big bucks from an artificial shortage. Producers slow to ramp up again for fear that Covid will again shut down the economy like it did a year ago. They took a bath on oil prices when the demand dropped and had no where to even unload tankers.
In other words, it is the effects of capitalism vs. a virus and has very little to do with democrat greenie weenies or republicans. Bob
This is good for Alaska, our state budgets have been forecast based on $100/bbl oil.