Quote:
Originally Posted by displacedinMN
But, thinking that the powers that be think the economy is getting better. The problem, people are still not driving more. Traffic in the morning is very light.
Hopefully it levels at 2.50 or less. when this is all done.
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Oils a global resource and only about 1/4 of it is used for operating consumer vehicles. The Saudis cut production last week so I'd imagine costs will go up.
Oils over 50 a barrel. Something's driving it up. Maybe just finally worked through the oversupply. It's good for our fracking industry, I guess