Watching price of oil

[yobilinks]

It's not right how we have to pay at the gas pump for some frikkin middle east conflict. I paid $6.32 a gallon this morning fuck.

[AlexO]

Still going up I saw it at $97.30 a barrel just now, so a $100 plus is only a matter of time again.

[tacnet]

We've got China to thank for oil prices not spiking even higher, up to $150 a barrel

China is the world's biggest oil importer but they've managed to reduce their oil imports by a MASSIVE 40% this year which keeps a downward pressure on the oil price. This is partly down to their huge stockpiles but a lot of it is because of their roll out of renewable energy and EVs

[shoopa]

Did you know China is the world's biggest producer and buyer of ev's?

[tacnet]

Did you know China is the world's biggest producer and buyer of ev's?

Yep. I saw on the news the other day that they produce over 70% of the world's EVs !

We see BYD all the time here in UK/Europe, far more than we see Teslas. They're good cars too. Cheap, very high spec and now with things like 12 minute charging. Unfortunately, Trumps 100% tariffs means that America is pretty much the only country not getting a look in

[shoopa]

Did you know China is the world's biggest producer and buyer of ev's?

Yep. I saw on the news the other day that they produce over 70% of the world's EVs !

We see BYD all the time here in UK/Europe, far more than we see Teslas. They're good cars too. Cheap, very high spec and now with things like 12 minute charging. Unfortunately, Trumps 100% tariffs means that America is pretty much the only country not getting a look in

He's put the high tariffs to protect home grown ev's.

[Eroticart]

Another $1.75 it will be at $100 a barrel again

[jag]

It went to 100.90 USD again

[cimage]

Great it’s just under $110 today

[Cars-n-Chicks]

The number one thing that will cause the mid terms to swing in the Democrat's favor is this insane high price of gas at the pump.

[Wm2man]

It is not just gas the price of diesel is breaking records and trucking costs will go up leading to higher prices for all goods on the grocery shelves.

[misterporn]

The price of diesel is the one to watch, that is why the cost for everything on the shelves will rise.

[AlexO]

https://markets.businessinsider.com/com ... /oil-price

I get a page with one word "error"

any one else get this?

[DonMK]

It is ridiculous how much a gallon of premium is in the valley, I filled it at $6.88 a gallon this morning.

[T.B.W]

Just over $100 / barrel now, another great achievement by this administration.