Reply to $7/gallon gas is coming

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Reply to "$7/gallon gas is coming"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]and yet, the retail prices remain high. That is simply corporate america raping the customers

[twitter]https://twitter.com/carlquintanilla/status/1509861827362144260[/twitter][/quote]

Do you even understand how the buying and selling of oil and gas works?

If companies PURCHASED their supply of gas two or three weeks ago..... do you think they are going to sell that at today's market price, or at the price at which they purchased it?  [/quote]

One more thing.....
That drop in price is very temporary based on the announcement of release from SPR.  
Once we see that the release will do nothing for actual supply, the price will go up.  I would bet my salary on that.  [/quote]

Then you should be paying attention to what's happening in China.  The Shenzen and Shanghai shutdowns are huge.  Plus China, when they come back, is going to be able to buy, like India, a lot of below market Russian supply.  And then there is the Fed.  The demand side of the equation is changing.[/quote]

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