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re: Analyst warns fall of Baghdad would mean higher US gas

Posted on 6/15/14 at 3:13 pm to
Posted by joeleblanc
Member since Jan 2012
4114 posts
Posted on 6/15/14 at 3:13 pm to
quote:

I sometimes wonder if there is ANY event that could happen on the world stage that would signal lower gas prices


none..prices will never be below $2 for an extended period of time. We now have an abundance of O&G but the companies choose to ship it overseas for more $$, which is what they are in business for, plus will keep their stock pricing high.
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 6/15/14 at 5:20 pm to
quote:

We now have an abundance of O&G but the companies choose to ship it overseas for more $$,


It's against the law to export US crude. Try again.
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