Saturday, August 06, 2016 10:02:50 AM
Recently, within the last several weeks I have noticed that teh prices at the local gas station have dropped from $2.09 to $2.06 to $1.99 and now to $1.94.
Earlier this year there were some stories about potential of oil storage being 'operationally fully' at 85% or more of capacity, and I think this recent drop in oil prices is showing that.
After the big drop earlier this year, I had expected prices would recover a little, instead prices are dropping again.
If gas prices drop to $1.90 or lower then it will be like a new low for the past few years.
Louis J. Desy Jr.
FEATURED Cannabix Technologies Launches New Compact Breath Logix Workplace Series and Prepares for Delivery to South Africa • May 7, 2024 8:51 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM