Oil at -37 a barrel
- Thread starter Suhrreal
- Start date
And yet most places in Lincoln still charging 1.90 a gallon when most of the state is 1.50 or less.
When I was self employed and traveled quite a bit the IRS was always super fast to adjust what we could write off when gas got cheap, took forever to change when it went up. Interesting how that works.
And yet most places in Lincoln still charging 1.90 a gallon when most of the state is 1.50 or less.
Paid $1.21 today.
I need Sta-bil just for what's already in my tank. I last filled up for $1.59/gallon and at this rate it will last me until June.
Easy guys. Not saying crude won't go down more in the future but understand one thing. The May crude contract is in its delivery. NO ONE is trading May crude to set prices. Most other months are still trading $20+/barrel. IF you are LONG the May 2020 crude you will/have/can take actual delivery and they will pay you to take it since it's at "negative" price. Crazy.
Yeah, the Lincoln prices suck. I'm too the point I will drive out of town a few miles, or fill up when I'm in Omaha, etc. I like to support local but not when they gouge me . Screw em
This will cause a temporary pain for a lot of oil producers and our 401k plans. Long term it will help the economy when people return to work, and have more money to spend traveling, etc. that they would be spending on gas and oil prices. It always ends up balancing out. I hope that continues.
This will cause a temporary pain for a lot of oil producers and our 401k plans. Long term it will help the economy when people return to work, and have more money to spend traveling, etc. that they would be spending on gas and oil prices. It always ends up balancing out. I hope that continues.
I might be wrong but I used to be under the impression that basically one individual pretty much controlled petroleum in Lincoln. Not naming names.....
I filled up yesterday for $2.25 a gallon. EekAnd yet most places in Lincoln still charging 1.90 a gallon when most of the state is 1.50 or less.
God Bless California
I remember it well.. commuting to Lincoln and back from Omaha every day. One year of that, and I was done.
Hmmm.. now where could I store a 100,000 barrels of oil? Opportunity is knocking.
And yet most places in Lincoln still charging 1.90 a gallon when most of the state is 1.50 or less.
Aren't some places around the country under a dollar? Really is no reason it should be above that.
