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Jacksonville Jaguars Fan Forums Other Stuff Fargin's Flyby Gas wars: A gallon is just 46 cents here


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Gas wars: A gallon is just 46 cents here

  • Offline TravC59
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#32
01-22-2016, 09:55 AM

Quote:US oil reserves are almost at capacity from what I've read.  Even Russia has backed off on production, so that will help slow the price decrease.

 

One thing about oil prices decreasing is the affect its had on ISIS.  Their major revenue stream is the sale of oil and because of the decrease in price they have had to reduce the salary of their fighters by half.  Not a good recruiting tool.
The huge oil ships are having to wait out in the bay outside of Galveston on average now for 4-5 days because of capacity being reached. About six months ago it was 2-3 and there was a time when the wait was little to none.
TravC59, aka JacksJags. @TravC59 on Twitter
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Gas wars: A gallon is just 46 cents here - by TravC59 - 01-22-2016, 09:55 AM



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