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Low Oil Price May Stifle Deepwater Drilling And Oil Sands But Not Fracking
Forbes ^ | 3/01/2015

Posted on 03/01/2015 8:53:15 AM PST by thackney

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To: Cringing Negativism Network

Read post #7 and #18


21 posted on 03/01/2015 9:37:57 AM PST by thackney (life is fragile, handle with prayer)
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To: Jack Hydrazine
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22 posted on 03/01/2015 9:39:30 AM PST by thackney (life is fragile, handle with prayer)
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To: thackney

Thanks.

Sorry for intruding on your thread. Let me sit this one out.


23 posted on 03/01/2015 9:41:00 AM PST by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html)
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To: Jack Hydrazine
Sorry for breaking these into separate posts. I am having trouble with the eia.gov site completing downloads this morning. The volumes charted below include diesel and fuel oil.

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24 posted on 03/01/2015 9:42:13 AM PST by thackney (life is fragile, handle with prayer)
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To: Cringing Negativism Network

Please don’t consider asking question intrusions. I certainly don’t and I don’t think we have to agree to have a conversation.

Cheers!


25 posted on 03/01/2015 9:43:11 AM PST by thackney (life is fragile, handle with prayer)
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To: thackney

Not at all. Cheers right back at you.


26 posted on 03/01/2015 9:44:52 AM PST by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html)
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To: thackney

In a nutshell the refinery problems are hurting the supply of gasoline thus causing the gasoline price to go up while simultaneously reducing the demand for crude at the refineries thereby depressing the price of crude.

Simple economics 101 supply and demand.


27 posted on 03/01/2015 9:59:32 AM PST by Okieshooter
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To: Jack Hydrazine
Gasoline prices, BY DEFINITION, are matching reality.

You may not see the reality.

28 posted on 03/01/2015 10:25:37 AM PST by gogeo (If you are Tea Party, the eGOP does not want you.)
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