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re: WSJ: Why Gasoline Prices Are Rising Faster Than Usual This Year

Posted on 3/29/24 at 6:39 pm to
Posted by notiger1997
Metairie
Member since May 2009
58315 posts
Posted on 3/29/24 at 6:39 pm to
quote:

Output won't be able to keep up with demand in coming years. Look for oil to hit $150 a bbl before end of 2025.


Been hearing this was going to happen anyway for the last two years.
Deepwater drilling in the gulf and other places around the world continues to ramp up and hasn’t hit full potential.
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