Oil prices are falling fast. Here's why

Domestic production is bottlenecked.. They can't get it to refineries.. Look at today's price on WTI.

You forget, the days of EPA ironfisted oppression are over. Much to your chagrin, I'm sure. Why is it we have not built any refineries in a very long time? Gosh, this must all be so very difficult for you. Good.
 
I posted reports from MSN, Fox and Reuters as well as Newsmax. Take it up with them, twerp.

Soooo, why would gas be so much more expensive in NYC than the rest of the country? is NYC controlled by Republicans? Hmmmmm, what could possibly be causing $5 a gallon gasoline in NYC? Any guesses?
 
Soooo, why would gas be so much more expensive in NYC than the rest of the country? is NYC controlled by Republicans? Hmmmmm, what could possibly be causing $5 a gallon gasoline in NYC? Any guesses?

I've posted articles from FOUR news outlets.. Read them.
 
You forget, the days of EPA ironfisted oppression are over. Much to your chagrin, I'm sure. Why is it we have not built any refineries in a very long time? Gosh, this must all be so very difficult for you. Good.

Why? Because we haven't had the will or the money.. The Saudis built the biggest refinery in America and have expanded it twice.
 
Even if KSA pumps another million pbd, the price will still go up.. There is a bottleneck in US production.. so there is a widening gap between WTI and Brent.

The widening gap is because Brent is more exposed to foreign production than West Texas. What you seemingly pejoratively call a bottleneck is the stabilizer on US gas prices, especially in the face of European markets that could go swinging wildly in the coming months with OPEC/Russian production levels.
 
The widening gap is because Brent is more exposed to foreign production than West Texas. What you seemingly pejoratively call a bottleneck is the stabilizer on US gas prices, especially in the face of European markets that could go swinging wildly in the coming months with OPEC/Russian production levels.

I am done today and off to bed, but look at the price of WTI and Brent last week and today. The analysts are calling it a "bottleneck"..
 
Well, krudzu?

Well what, you fool?

NYC Big Apple Gasoline Prices Reportedly Surge to $5 a Gallon ...

www.newsmax.com/finance/economy/gasoline-prices...
May 22, 2018 · Motorists in the Big Apple reportedly are paying some of the nation’s highest prices for gasoline.

Gas prices reach $5 per gallon in Manhattan | TheHill

thehill.com/policy/transportation/automobiles/388786-gas...
Gas prices have reached five dollars per gallon in New York City, Fox5NY reported on Tuesday.

New York City Gas Price HIts $5 A Gallon | Zero Hedge

www.zerohedge.com/news/2018-05-23/gas-prices-new...
"Sometimes I go down to Atlantic City, the Jersey Shore, out to Long Island, Jones Beach...This year I think I’ll stay at Orchard Beach."

New York City drivers paying $5 gas | Economic Collapse News

economiccollapsenews.com/2018/05/23/new-york-city...
May 22, 2018 · With rising oil prices, you’re going to be paying more at the pump. But some motorists are paying more than others. According to a local Fox News affiliate, drivers in the City That Never Sleeps are paying the highest prices for gasoline in the nation as prices have topped $5 per gallon in New ...

Gas hits $5 a gallon in New York City - Story | WNYW

www.fox5ny.com/news/gas-hits-5-a-gallon-in-new-york-city
With the summer travel season fast approaching, gas prices are on the rise but some people are getting sticker shock in Manhattan.

In Manhattan, Gas Reaches $5 a Gallon - newser.com

www.newser.com/story/259617/gas-hits-5-per-gallon-at...
May 21, 2018 · $5 gas? It was a reality at at least one station in the US on Tuesday, specifically at a Mobil station in Manhattan's Hell's Kitchen, reports Fox5NY .
 
NYC Big Apple Gasoline Prices Reportedly Surge to $5 a Gallon ...

www.newsmax.com/finance/economy/gasoline-prices...
May 22, 2018 · Motorists in the Big Apple reportedly are paying some of the nation’s highest prices for gasoline.

Gas prices reach $5 per gallon in Manhattan | TheHill

thehill.com/policy/transportation/automobiles/388786-gas...
Gas prices have reached five dollars per gallon in New York City, Fox5NY reported on Tuesday.

New York City Gas Price HIts $5 A Gallon | Zero Hedge

www.zerohedge.com/news/2018-05-23/gas-prices-new...
"Sometimes I go down to Atlantic City, the Jersey Shore, out to Long Island, Jones Beach...This year I think I’ll stay at Orchard Beach."

New York City drivers paying $5 gas | Economic Collapse News

economiccollapsenews.com/2018/05/23/new-york-city...
May 22, 2018 · With rising oil prices, you’re going to be paying more at the pump. But some motorists are paying more than others. According to a local Fox News affiliate, drivers in the City That Never Sleeps are paying the highest prices for gasoline in the nation as prices have topped $5 per gallon in New ...

Gas hits $5 a gallon in New York City - Story | WNYW

www.fox5ny.com/news/gas-hits-5-a-gallon-in-new-york-city
With the summer travel season fast approaching, gas prices are on the rise but some people are getting sticker shock in Manhattan.

In Manhattan, Gas Reaches $5 a Gallon - newser.com

www.newser.com/story/259617/gas-hits-5-per-gallon-at...
May 21, 2018 · $5 gas? It was a reality at at least one station in the US on Tuesday, specifically at a Mobil station in Manhattan's Hell's Kitchen, reports Fox5NY .
 
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