Hijinx
Well-Known Member
Some say it is the weak dollar, others that Iran has stopped delivering oil to Europe.
Some claim venezuela may cut us off. (That sounds crazy as they are starving now).
Some blame it on OPEC.
My guess is that America has found ways to produce more oil.
We are self sufficient. or nearly so.
Something we have been trying to succeed at for many years.
So, now that we are self-sufficient, we are exporting oil.
As OPEC is slowing production prices, are going up in the rest of the world ,and our "American" companies are selling over there for more money and sticking the shaft to us.
That's my story anybody got a better one.
By the way the rumor is that it might get to $6.00
Some claim venezuela may cut us off. (That sounds crazy as they are starving now).
Some blame it on OPEC.
My guess is that America has found ways to produce more oil.
We are self sufficient. or nearly so.
Something we have been trying to succeed at for many years.
So, now that we are self-sufficient, we are exporting oil.
As OPEC is slowing production prices, are going up in the rest of the world ,and our "American" companies are selling over there for more money and sticking the shaft to us.
That's my story anybody got a better one.
By the way the rumor is that it might get to $6.00