>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
>>
>
>

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