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OPEC drama causing a dip in oil prices

Posted on 4/23/25 at 2:36 pm
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
71310 posts
Posted on 4/23/25 at 2:36 pm


Twitter Link



quote:


First Squawk
@FirstSquawk
ANALYSTS WARN OF A POTENTIAL PRICE WAR AND GLOBAL OIL GLUT, WITH A KEY MAY 5 MEETING LIKELY TO DETERMINE WHETHER OPEC+ STICKS TO ITS ORIGINAL PLAN.



This combined with potential falling consumer demand……gulp
Posted by OysterPoBoy
City of St. George
Member since Jul 2013
40334 posts
Posted on 4/23/25 at 2:42 pm to
And now RFK wants to take all the oil out of our food supply.
Posted by CAD703X
Liberty Island
Member since Jul 2008
86576 posts
Posted on 4/23/25 at 2:42 pm to
frick OPEC.

biggest cartel in the world.
Posted by Yaboylsu63
Member since Mar 2014
2073 posts
Posted on 4/23/25 at 2:53 pm to
Do we see sub $2 gas here in Louisiana at some point soon?
Posted by Nado Jenkins83
Land of the Free
Member since Nov 2012
62696 posts
Posted on 4/23/25 at 2:55 pm to
Lol. News from an india software company?

Posted by guzziguy
Lake Forest
Member since Jun 2022
466 posts
Posted on 4/23/25 at 2:58 pm to
Doesn't matter for us poor schlubs in Kommiefornia.
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
55357 posts
Posted on 4/23/25 at 3:03 pm to
Posted by ShrevetownTiger
Shreveport
Member since Jan 2007
2620 posts
Posted on 4/23/25 at 3:34 pm to
Our gas prices jumped .30 yesterday, at least at some stations, others only slightly. I guess they missed the memo.
Posted by TJG210
New Orleans
Member since Aug 2006
28833 posts
Posted on 4/23/25 at 4:15 pm to
Without looking at numbers I don’t think Kazakstahn is a huge producer anyway.
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
74417 posts
Posted on 4/23/25 at 4:33 pm to
quote:

Without looking at numbers I don’t think Kazakstahn is a huge producer anyway.


You should look at the numbers.
Posted by Motownsix
Boise
Member since Oct 2022
2616 posts
Posted on 4/23/25 at 4:42 pm to
quote:

o we see sub $2 gas here in Louisiana at some point soon?


It’s amazing how many people think that might be a good thing.
It feels like 2014-2108 all over again.
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