What’s crazy is that the morning bell saw gas prices fall 9% from Friday, largely on the expectation that the Iranian response will be more limited than previously expected.
Even after a month long climb, oil topped off at $70/bbl, well below the $100-$120/bbl peaks of the last decade. This is in no small part because of a steady decline in global demand for oil over the same time period. Contractions in the post-industrial economies combined with industrial efficiency gains and green alternative investments have put a soft ceiling on the price of fossil fuels.
More supply disruptions illustrating the unreliable nature of international fossil fuel trade will likely accelerate demand for localized alternatives. And that means more investment in green and nuclear power, particularly in the big industrial consumers of India and China.
A gallon is 3.79 litres. Meaning that gas in your place is 1.45 $/litre. Gas here is currently 1.65€/litre (depending on octan grade, this is for 90 oct) or 6.26€/gallon or 7.12$/gallon at the current exchange rate.
Sorry to burst your bubble but prices aren’t that different anymore - and these are German prices with quite hefty taxation
No bubble, I assume nothing. If $7.12 is the goal, then so be it!
Jesefino Muktimory is already growing a fleet of Mexican donkeys for autonomous intercity package deliveries. They are controlled by solar powered rider boxes. Its all new tech!
Gas is already at $5.50. So when will we reach $10 a gallon like real Europeans?
What’s crazy is that the morning bell saw gas prices fall 9% from Friday, largely on the expectation that the Iranian response will be more limited than previously expected.
Even after a month long climb, oil topped off at $70/bbl, well below the $100-$120/bbl peaks of the last decade. This is in no small part because of a steady decline in global demand for oil over the same time period. Contractions in the post-industrial economies combined with industrial efficiency gains and green alternative investments have put a soft ceiling on the price of fossil fuels.
More supply disruptions illustrating the unreliable nature of international fossil fuel trade will likely accelerate demand for localized alternatives. And that means more investment in green and nuclear power, particularly in the big industrial consumers of India and China.
It’s like $3.00 in my area
Texa? Florida?
A gallon is 3.79 litres. Meaning that gas in your place is 1.45 $/litre. Gas here is currently 1.65€/litre (depending on octan grade, this is for 90 oct) or 6.26€/gallon or 7.12$/gallon at the current exchange rate.
Sorry to burst your bubble but prices aren’t that different anymore - and these are German prices with quite hefty taxation
I just filled my tank up for $2.7somthing/gallon at costco today.
No bubble, I assume nothing. If $7.12 is the goal, then so be it!
Jesefino Muktimory is already growing a fleet of Mexican donkeys for autonomous intercity package deliveries. They are controlled by solar powered rider boxes. Its all new tech!