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To: Kaslin

Bloomberg was just talking about this.

U.S. storage is almost full.
When it is full, oil prices will drop like a stone.

The only thing keeping gas prices up right now is the United Steel Workers Refinery strike. When that ends, a lot more gasoline is going to hit the markets.


2 posted on 03/13/2015 9:21:40 AM PDT by tcrlaf (They told me it could never happen in America. And then it did....)
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To: tcrlaf
The only thing keeping gas prices up right now is the United Steel Workers Refinery strike. When that ends, a lot more gasoline is going to hit the markets.

Only one of the 12 refineries on strike actually shut down, and it was half-down before the strike for some other work.

And it looks like strike is over, tentative agreement, not yet voted upon.

6 posted on 03/13/2015 10:39:03 AM PDT by thackney (life is fragile, handle with prayer)
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