Yes we are at $1.92 now. The other day I used my 30 cents of food coupon credits to buy it at $1.69 in front of the Cub store. Cub gives a dime for every $100 and it builds up over time, even if you are no longer feeding a big family.
I agree that the idea OPEC retains from their "glory years" is over and proven daily to be a failure in these times of massive world discoveries of new fields and technologies. I think they know they don't have a choice but to compete on a level field now and will have to be happy with what the get in a true supply/demand market..
Cheap energy is a huge plus here, and won't be killed by OPEC or those that hate it here either. We all know who they are.
What I do expect to happen is an increase in TAX on fuel. It has gone from low hanging fruit to apples on the ground! Safe bet they will harvest it in D.C. and many states that are running deficits. Too easy to get money that way from the public at large.
Winter should provide nice buy in op for units of ALDW. I will add to my 200 units, but don't expect to match their $16 cost. GLTA!
"You’ve got to be very careful if you don’t know where you are going because you might not get there."
"The future ain’t what it used to be" "A nickel ain’t worth a dime anymore."
-so long Yogi, we will miss you-