>From what I've read the drop is pretty much exclusively because of OPEC.
On Tuesday, January 13, 2015, Erich Kaiser <er...@northcentraltower.com> wrote: > I think a lot of the low prices are due to abundance of oil right here in > the US from Fracking and Tar sands from Canada. I bet eventually when the > additional pipeline capacity is completed it may drive things even lower, > but that is just my thought. > > It would be nice if they could do the same with grain. > > > On Tue, Jan 13, 2015 at 12:53 PM, That One Guy <thatoneguyst...@gmail.com > <javascript:_e(%7B%7D,'cvml','thatoneguyst...@gmail.com');>> wrote: > >> I dont know how petroleum stores, the costs of operating, etc. But I look >> at it as right now being a great time to get in on it, when the rubber band >> snaps, you would already be at peak production capacity, without the export >> and shipping to get it to its destination, in North America at least. This >> is an artificially deflated market, it cant be sustained since it is >> inherently and artificially inflated market. >> >> On Tue, Jan 13, 2015 at 12:19 PM, CBB - Jay Fuller < >> par...@cyberbroadband.net >> <javascript:_e(%7B%7D,'cvml','par...@cyberbroadband.net');>> wrote: >> >>> >>> The investment has already been made to build the wells. I know it >>> would suck, but why not shut them down until the price goes up again, then >>> just resume production? Even under new ownership? Doesn't sound like a >>> permanent problem to me... >>> >>> >>> ----- Original Message ----- >>> *From:* Bill Prince >>> <javascript:_e(%7B%7D,'cvml','part15...@gmail.com');> >>> *To:* af@afmug.com <javascript:_e(%7B%7D,'cvml','af@afmug.com');> >>> *Sent:* Tuesday, January 13, 2015 10:23 AM >>> *Subject:* Re: [AFMUG] Gas Prices >>> >>> It's Saudi Arabia trying to squeeze out all the marginal producers. >>> Initially it will be Russia and some of the other marginals like Iraq & >>> Iran. >>> >>> Pretty sure the shale oil and tar sands guys are hurting big time right >>> now. >>> >>> bp >>> <part15sbs{at}gmail{dot}com> >>> >>> >>> On 1/13/2015 8:03 AM, Chuck McCown wrote: >>> >>> I wonder what is really driving the price down. Fracking, OPEC >>> diaspora, CAFE improvements, Russia problems ??? >>> >>> *From:* Jeremy <javascript:_e(%7B%7D,'cvml','jeremysmi...@gmail.com');> >>> *Sent:* Tuesday, January 13, 2015 8:54 AM >>> *To:* af@afmug.com <javascript:_e(%7B%7D,'cvml','af@afmug.com');> >>> *Subject:* Re: [AFMUG] Gas Prices >>> >>> Thanks Obama! (he gets blamed for EVERYTHING, right??) >>> >>> On Tue, Jan 13, 2015 at 8:41 AM, Josh Luthman < >>> j...@imaginenetworksllc.com >>> <javascript:_e(%7B%7D,'cvml','j...@imaginenetworksllc.com');>> wrote: >>> >>>> Same up here in Ohio. >>>> >>>> Josh Luthman >>>> Office: 937-552-2340 >>>> Direct: 937-552-2343 >>>> 1100 Wayne St >>>> Suite 1337 >>>> Troy, OH 45373 >>>> On Jan 13, 2015 10:35 AM, "joseph marsh" <bwireless...@gmail.com >>>> <javascript:_e(%7B%7D,'cvml','bwireless...@gmail.com');>> wrote: >>>> >>>>> 1.75 here in my area >>>>> On Jan 13, 2015 9:35 AM, "Vlad Sedov" <v...@atlasok.com >>>>> <javascript:_e(%7B%7D,'cvml','v...@atlasok.com');>> wrote: >>>>> >>>>>> $1.50 to $1.55 in oklahoma city.. crazy. >>>>>> >>>>>> vlad >>>>>> >>>>>> On 1/13/2015 9:32 AM, Travis Johnson wrote: >>>>>> >>>>>>> I never thought I would see gas prices this low. We have stations at >>>>>>> $1.71/gallon in our area right now. :) >>>>>>> >>>>>>> Travis >>>>>>> >>>>>> >>>>>> >>> >>> >>> >> >> >> -- >> All parts should go together without forcing. You must remember that the >> parts you are reassembling were disassembled by you. Therefore, if you >> can't get them together again, there must be a reason. By all means, do not >> use a hammer. -- IBM maintenance manual, 1925 >> > >