Oil Price Just Collapsed 25% with more to come

[Passages]

A small consolation to the virus panic, oil is dropping fast. We are now in low 40's with even lower price projected as demand continues to drop in response to COVID-19.

My tanks are down about 1000 gallons. I figure $1.75-$2/gallon diesel will be available end of March-Early April.

My stocks investments will be in the toilet so I might as well go cruising.

[Byresch]

A small consolation to the virus panic, oil is dropping fast. We are now in low 40's with even lower price projected as demand continues to drop in response to COVID-19.

My tanks are down about 1000 gallons. I figure $1.75-$2/gallon diesel will be available end of March-Early April.

My stocks investments will be in the toilet so I might as well go cruising.

The cruising will brighten your sunsets and take your mind off your stock portfolio.

[racclarkson@gmail.com]

Sailboat futures crash

[Bill Wright]

West Texas Intermediant (WTI) is trading at $31.69 per barrel now and headed lower.

[Scarlett]

You guys must not live in California. When oil prices go up our fuel prices go up the next day, when oil prices go down our fuel prices drop like a penny per month if that. Once the oil company’s think we are used to a fuel price it usually stays where it is for a long time even with a drop in oil prices. John

[RonNP]

Unleaded in Nor Cal $3.15 at Costco
Diesel $3.60 at Costco
We get screwed in The Peoples Republic of Kalifornia

[Passages]

West Texas Intermediant (WTI) is trading at $31.69 per barrel now and headed lower.

Yep, that's another 25% drop over the 25% weekend drop. We were at $53/barrel just 2 weeks ago. $25/brl should yield $1.50/gal.