Thank you to everyone that made that possible and it's going to keep going up and up and up...
Price of fuel went up again in my area
Discussion in 'Truckers News' started by Dino soar, Feb 4, 2021.
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Lite bug, drvrtech77, steve092 and 14 others Thank this.
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You should know, these Arabs blow a fart and the price skyrockets. I couldn't operate a business today with that kind of uncertainty, I don't know how you guys do it at all these days.
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This time last year the average price was higher than it is now.
U.S. No 2 Diesel Ultra Low Sulfur (0-15 ppm) Retail Prices (Dollars per Gallon)Rideandrepair, feldsforever and not4hire Thank this. -
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Just keep repeating the party line.
I will be happy driving an electric truck comrade.snowwy, Roger McG, feldsforever and 6 others Thank this. -
It always surprises me that people argue over this kind of the thing.
It's Only simple supply and demand. If the United States shut down our supply and OPEC slows their supply which they're doing, then the price goes up. Less Supply.
If we produce our own oil and natural gas there's more Supply and the price goes down.
Whether or not you agree or disagree with the actual policy, it amazes me that's some people just can't comprehend simple supply and demand.Rideandrepair, snowwy, PoleCrusher and 6 others Thank this. -
If the politicians would keep their hands out of the cookie jar, fuel prices would stay lower. There has never been a shortage of fuel. It has been that the supply was manipulated by several world governments to mimic a shortage.
Way back during the couple of OPEC oil embargoes. Even then the supply was adequate, we never truly ran out of oil in the world.
Shutting down the construction of the XL pipeline doesn't change the supply of oil in the world. It will still move. Now east, west or south either in a pipe or by rail.
I heard the Texas oil companies like the idea. They will get more money for their product.
And because China is a thirsty giant it will help Venezuela and Iran develop their oil fields which will raise the supply. Not much heard in the media about that story.Rideandrepair, TallJoe, TokyoJoe and 1 other person Thank this.
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