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Why is gas so cheap?
Topic Started: Jan 13 2016, 01:11 PM (333 Views)
Mikhailoh
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If you want trouble, find yourself a redhead
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http://www.aol.com/article/2016/01/13/three-graphs-explain-why-gas-is-so-cheap-right-now/21296733/?icid=maing-grid7%7Cmain5%7Cdl1%7Csec3_lnk3%26pLid%3D737601700
Once in his life, every man is entitled to fall madly in love with a gorgeous redhead - Lucille Ball
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Axtremus
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HOLY CARP!!!
"Why is gas so cheap?"

Because of President Obama's awesome policies, of course.
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Mikhailoh
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If you want trouble, find yourself a redhead
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Once in his life, every man is entitled to fall madly in love with a gorgeous redhead - Lucille Ball
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Nobody's Sock
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Fulla-Carp
because the stock market is taking a nose dive?
"Somewhere, something incredible is waiting to be known."
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George K
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Finally
Axtremus
Jan 13 2016, 01:20 PM
President Obama's awesome policies
Ah, so that's why the markets are down 10% this year. :lol2:
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"Now look here, you Baltic gas passer... "
- Mik, 6/14/08


Nothing is as effective as homeopathy.

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Nobody's Sock
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Fulla-Carp
George K
Jan 13 2016, 01:52 PM
Axtremus
Jan 13 2016, 01:20 PM
President Obama's awesome policies
Ah, so that's why the markets are down 10% this year. :lol2:
no, because gas got cheap, and China can't manage their economy. I still don't get how that directly affects our market. Jon, please give brief synopsis.
"Somewhere, something incredible is waiting to be known."
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George K
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Finally
Nobody's Sock
Jan 13 2016, 01:57 PM
George K
Jan 13 2016, 01:52 PM
Axtremus
Jan 13 2016, 01:20 PM
President Obama's awesome policies
Ah, so that's why the markets are down 10% this year. :lol2:
no, because gas got cheap, and China can't manage their economy. I still don't get how that directly affects our market. Jon, please give brief synopsis.
Sorry, I have must've omitted the sarcasm font. Of course, Ax was using it when he posted, so maybe that's why I couldn't find it. :lol2:

I think the big hit on the market is twofold: 1) China has had a tremendous devaluation of their market despite government manipulations to support it (dontcha love it when the government tries to help?) and 2) Oil has fallen to ridiculously low prices. People are talking about $10 a barrel as a possibility. Saudis and OPEC don't like that. Their economies are tanking as a result.
A guide to GKSR: Click

"Now look here, you Baltic gas passer... "
- Mik, 6/14/08


Nothing is as effective as homeopathy.

I'd rather listen to an hour of Abba than an hour of The Beatles.
- Klaus, 4/29/18
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TomK
HOLY CARP!!!
George K
Jan 13 2016, 02:01 PM
2) Oil has fallen to ridiculously low prices. People are talking about $10 a barrel as a possibility. Saudis and OPEC don't like that. Their economies are tanking as a result.
The Saudis are playing a game of chicken with the rest of the world. They look to drive out the shale producers and hit those devil Shiite Iranians where it hurts.



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