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| Why is gas so cheap? | |
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| Tweet Topic Started: Jan 13 2016, 01:11 PM (333 Views) | |
| Mikhailoh | Jan 13 2016, 01:11 PM Post #1 |
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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 |
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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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| Axtremus | Jan 13 2016, 01:20 PM Post #2 |
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HOLY CARP!!!
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"Why is gas so cheap?" Because of President Obama's awesome policies, of course. |
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| Mikhailoh | Jan 13 2016, 01:23 PM Post #3 |
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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 | Jan 13 2016, 01:50 PM Post #4 |
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Fulla-Carp
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because the stock market is taking a nose dive? |
| "Somewhere, something incredible is waiting to be known." | |
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| George K | Jan 13 2016, 01:52 PM Post #5 |
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Finally
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Ah, so that's why the markets are down 10% this year.
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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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| Nobody's Sock | Jan 13 2016, 01:57 PM Post #6 |
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Fulla-Carp
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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 | Jan 13 2016, 02:01 PM Post #7 |
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Finally
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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. 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. |
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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 | Jan 13 2016, 02:30 PM Post #8 |
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HOLY CARP!!!
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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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