UPDATED!! Nice premium gas prices in Brooklyn, NY

[Crashnbrn5]

Down .10¢ from the last pic a few days ago, get ready for a market crash between now and December it's inevitable right guys?

[hellrotm]

Originally Posted by Crashnbrn5

Down .10¢ from the last pic a few days ago, get ready for a market crash between now and December it's inevitable right guys?

Gas prices will probably stay low for some time. Oil is going to continue to fall. As long as OPEC(aka Saudis) continue to not cut production. Their goal is to shut down all the small oil producers, including fracking and shale drilling operations in US. In the next year or so when demand increases. And the smaller producers aren't around to help meet demand. We will see the highest gas prices we have ever seen.

Oil prices are also going to create civil unrest in countries like Venezuela. Their inflation rate is sky high. 95% of the countries export revenue comes from oil. They need the average price of oil to sit at about $85 to pay for imports and keep up with it's debt.

[Crashnbrn5]

Yes I agree with you in every way I was seeing who would have the most intelligent response. I've been following the market specifically securities for the past 12 years , commodities I'm decent at. But low oil prices will only last till maybe August