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#1156 | |
Sometimes it's black and white
Join Date: Nov 2004
Location: California
Casino cash: $2844900
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Quote:
For some things, demand is inelastic, but for other things demand will come down. Consumers will fly and drive less. Maybe some commuters will go back to public transport and/or worry about a higher mileage vehicle. Cargo ships will travel at slower speeds. Maybe more goods will move by rail not truck. But for geopolitical reasons, reducing the economy's dependence on oil is a good goal because of things like Russia and the Middle East is always a ticking time bomb. A few things could be done quickly like getting public transport back to pre covid levels but most of this will take some time.
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Sometimes. |
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Posts: 6,367
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#1157 | |
Now you've pissed me off!
Join Date: Jan 2006
Casino cash: $7829572
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"When the Know-Nothings get control, it will read 'all men are created equal, except negroes, and foreigners, and Catholics.' When it comes to this I should prefer emigrating to some country where they make no pretense of loving liberty – to Russia, for instance, where despotism can be taken pure, and without the base alloy of hypocrisy.”--Abraham Lincoln |
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Posts: 74,896
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#1158 | ||
Like I woke up in Wonderland..
Join Date: Oct 2005
Location: KCMO
Casino cash: $2946558
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Posts: 18,670
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#1159 |
"Think BOOM!"
Join Date: Nov 2003
Location: 33.675° N 106.475° W
Casino cash: $9149900
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New record: $4.14
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I think the young people enjoy it when I "get down," verbally, don't you? |
Posts: 185,052
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#1160 |
Roy E.
Join Date: Sep 2005
Location: Olathe, KS
Casino cash: $10699646
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Posts: 22,978
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#1161 | |
Life is changing..
Join Date: Jul 2012
Location: NW Missouri
Casino cash: $-70000
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Quote:
Fuuuuuuuuuuuuuuuuu |
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Posts: 39,934
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#1162 |
Veteran
Join Date: Aug 2004
Location: Indiana
Casino cash: $4391183
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NW IN was $4.39 today. It was $4.09 earlier today. It was $3.39 just a week
Or two Ago |
Posts: 1,803
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#1163 |
It was not a fair catch
Join Date: Aug 2012
Location: Correcting papers
Casino cash: $1642630
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__________________
![]() #investigatecarlcheffers |
Posts: 37,540
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#1164 |
Roy E.
Join Date: Sep 2005
Location: Olathe, KS
Casino cash: $10699646
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$3.79 in Olathe.
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Posts: 22,978
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#1165 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $430477
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4.49 to 4.89 for Diesel in Amarillo
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Posts: 40,721
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#1166 |
Supporter
Join Date: Mar 2003
Casino cash: $2157626
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Better get JR Ewing on the phone. He is a magician on getting Texas oil wells back up and running.
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Posts: 16,873
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#1167 | |
Sometimes it's black and white
Join Date: Nov 2004
Location: California
Casino cash: $2844900
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Quote:
No doubt the number of miles Americans drive this summer will be down from what it could have been. And EVs will get more attention.
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Sometimes. |
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Posts: 6,367
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#1168 |
Sometimes it's black and white
Join Date: Nov 2004
Location: California
Casino cash: $2844900
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They call it a boom and bust industry for a reason.
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Sometimes. |
Posts: 6,367
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#1169 |
Supporter
Join Date: May 2005
Location: Who knows?
Casino cash: $1625884
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Check out the heating oil contracts.
Easy money. |
Posts: 84,307
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#1170 | |
Bolton gonna knock you out
Join Date: Mar 2014
Location: Free Vybz Kartel
Casino cash: $1502394
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Quote:
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Posts: 20,772
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