How High Can It Go


huntinguide

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Diesel here was over $4.00 a while back at some stations, and it dropped back down to around $3.88 last week at a few places. Not sure exactly where it is at now, but heard on the radio average is $3.45 for regular unleaded, and diesel average was $4.21. Glad my diesel lawn tractor does not burn much to mow the yard.

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This is what is said in the article.

The transition to ULSD is not without substantial costs. The US Government has estimated that pump prices for diesel fuel will increase between $.05 and $.25 per gallon as a result of the transition.

When I first started driving a diesel it was $.40 less per gallon than gas. from what the article says. it should still be cheaper than gas.

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And in other news...

Saudi Arabia announced today that all future plans to expand pumping capacity had been placed on hold indefinitely. According to their Oil Minister, there is no "need" to increase their oil output.

Never mind the fact that South Africa oil lines are being attacked.

Thanks OPEC for stepping up when we need you..... :mad:

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Another issue is the weakening of the U.S. dollar. Until it stabilizes and regains its value, oil prices for us will continue to rise.

Achmandida whoever, the guy from Iran, says the price of oil hasn't reached its full value and should keep going up...................whatever.:mad:

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Another issue is the weakening of the U.S. dollar. Until it stabilizes and regains its value, oil prices for us will continue to rise.

Achmandida whoever, the guy from Iran, says the price of oil hasn't reached its full value and should keep going up...................whatever.:mad:

thats a bunch of crap , nobody cares about the workin man

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thats a bunch of crap , nobody cares about the workin man

The middle east and tree huggers don’t. Again, thank OPEC, China's economy, the weak USD, and the fact we cant open refineries or drill our large pockets in the USA for the high $$$$.

I hear on almost a daily basis that the Big Oil in the US is getting rich off of the working man. Don’t believe what you see on TV. The reason the oil market is booming is China's economy. Once a dormant nation, they are now a HUGE competitor for oil. Compile that with OPEC refusing to produce more product and you have two LARGE countries fighting over scraps.

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look, we have enough oil in america to shut down opec. we don't need a drop of their oil. we have it, we know where it is, and no one (politicians) want to get it. opec has stepped on us since the mid 50's, and has no plans to do anything but make us bleed.

That is the truth! If we could boot the tree huggers we could drill here, refine here, and pay MUCH less for the end products.

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