Quote:
Originally Posted by John Mercier
Yes. I filled up at the Irving here in Belmont for 399.9 cents
I also invest in and watch everything from oil/natural gas drillers all the way down the supply chain. Investing in the S&P500 does that for you.
The price will keep going up until the demand drops. Same thing happened in 2008, price kept going up all summer... and people kept buying.
I think we are in the same cycle... we never learned from the last cycle.
We were in it even prior to the war...
But that would still be crude... and RBOB... but not ethanol. Ethanol is not mixed with the blend in the pipeline, it comes in separately.
|
Wow 399.9 is a little high don’t you think? [emoji33][emoji23]. Do you expect people to stay home and cancel vacations and not use boats pwc’s ect just to reduce summer demand ? I think not.
Sent from my iPhone using
Winnipesaukee Forum mobile app