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BumRushDaShow

(162,091 posts)

6. Well lookie here... The OP triggered me do one of my periodic checks

Reply to groundloop (Original post)

Sun Jan 8, 2023, 03:01 PM

Jan 2023

(from here pulled today 1/8/23, with close price on 1/6/23 - https://www.marketwatch.com/investing/future/cl.1)

Haven't seen it down that low in a long time. Should have been a harbinger as to why the media stopped talking about it. It hasn't been at or below $70/bbl since the end of 2021 -

(from here - https://www.cnbc.com/2022/11/28/crude-oil-prices-erased-most-of-their-2022-gains-and-could-head-lower.html)

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Highlight:

U.S. Department of Energy rejects initial bids to resupply oil stockpile [View all] groundloop Jan 2023 OP

Fuck Big Oil EYESORE 9001 Jan 2023 #1

So they colluded on the pricing, my guess. Stick it to the taxpayer, Pentagon style! Alexander Of Assyria Jan 2023 #5

Too much is never enough for these pigs. The Unmitigated Gall Jan 2023 #2

I take that to mean falling oil prices will continue into the spring. bucolic_frolic Jan 2023 #3

Yeh, wasn't there talk of rising prices recently ? dweller Jan 2023 #4

We went from $2.69 to $3.29 in one day. louis-t Jan 2023 #12

Well lookie here... The OP triggered me do one of my periodic checks BumRushDaShow Jan 2023 #6

Yup, good on Joe, the nation's oil "energy aggregator." bunny. Also, likely as not to give mixed Backseat Driver Jan 2023 #7

The big oil companies never allow the price to stay low for long Tennessee Hillbilly Jan 2023 #8

Continued short supply from the pandemic adjustments and Russia Hortensis Jan 2023 #9

The price drop lasted one nano second, it's sky high again so this doesn't yaesu Jan 2023 #10

it is only a little price gouging and not to much at that. republianmushroom Jan 2023 #11