Am wi you on that - but I asked a reputable owner recently - and he said

that its all futures - in other words, what will refilling the tanks cost next month?
and can you gamble that folks will pay if you pre buy?

this whole thing is because a prez sent a strong signal that an almost immediate switch to green, etc, was going to happen, and enacted exec orders etc plus said ‘fossile fuels are done’

including cheap natural gas ———

Wall street works on gambling the future - thats it -
hope you invested in in oil tbh
[Post edited by Mr Wahoo at 06/10/2022 11:10AM]

In response to this post by SPYCAV

Posted: 06/10/2022 at 11:09AM

AAA national gas price average, 6/10/22. Up. Are the Nielsens in yet? -- Lupos 06/10/2022 06:19AM

Can you explain how the process / costs work in the oil & gas industry ... -- Blah 06/10/2022 08:22AM

I've always wondered how gas prices are justified -- SPYCAV 06/10/2022 10:12AM

Am wi you on that - but I asked a reputable owner recently - and he said -- Mr Wahoo 06/10/2022 11:09AM

I guess I understand the futures thing a little -- SPYCAV 06/10/2022 2:31PM

Evil, greedy oil companies, is that the right answer? ** -- Lupos 06/10/2022 08:47AM

No one said that. Based on your demands last night ... -- Blah 06/10/2022 09:11AM

(Four) Ninety-Nine...you keep breakin' my heart.... ** -- Tuckahokie 06/10/2022 08:05AM

Food vs gas vs utilities vs rent/mortgage vs discretionary spending -- Lupos 06/10/2022 08:10AM

Am wi you on that - but I asked a reputable owner recently - and he said

Insert a Link