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re: is the price per barrel of oil dropping a bad thing?
Posted on 12/17/14 at 8:46 am to TigerSaint1
Posted on 12/17/14 at 8:46 am to TigerSaint1
quote:
Could be for South La refineries, as in Exxon, Marathon, etc.... Some of these plants were looking into some pretty big expansion in the near future and the falling prices of oil will likely have a direct effect on their decisions.
I honestly wouldn't get used to lower fuel prices. Next year at this time we could be in a completely different situation.
2
Posted on 12/17/14 at 9:22 am to member12
quote:
Next year at this time we could be in a completely different situation
Thinking about buying some trash cans and filling them with gasoline while the price is low
Posted on 12/17/14 at 9:27 am to member12
quote:
Next year at this time we could be in a completely different situation
I don't think so. If anything prices will be lower. Production is going to continue to rise for at least year or so no matter the price simply due to projects underway.
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