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re: Low Gas Prices, People don't understand the Problems
Posted on 1/5/15 at 12:57 pm to pointdog33
Posted on 1/5/15 at 12:57 pm to pointdog33
quote:
The flooding of the market with outside oil
It seems to me that with the rise of fracking in the US we are the ones flooding the market.
Posted on 1/5/15 at 1:03 pm to chryso
quote:
It seems to me that with the rise of fracking in the US we are the ones flooding the market.
We are. Other countries are pissed that the US has upped their production and isnt buying as much oil as in previous years. So in turn the market is falling bc there is so much oil available. Its now basically a pissing match between the US and other oil producing countries to see who will back down first.
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