Retail gasoline prices continue to fall as QE3 rages unabated

Using a public library is a sign of a quest for knowledge , and it sure looks like it has paid off..

 

There will certainly be periods of volatility where oil/gas fall, and the stock market falls with it. ES was 30 points down over night. Haven't seen that in a long time. Can't have a rockin' stock market without a high oil price.

Post your articles while you can, my Keynesian clown. You were hiding when oil spiked this summer, and you'll go back into hiding when it spikes again. But, as I've said before, inflation can only exert itself after deleveraging is complete.

 

Hear that, jem? Tsing suggests there may be other variables involved.

 

Your stupidity never ceases to amaze me denner

 

I have no idea where range rover posted from but we can have the administrators check my IP right now ,if its a public library I agree to never post here again,if its not you agree to never post here again.Deal ?

 

We can also have the administrators check my IP against ranges rovers.If our IPs ever matched I never post here again,if they dont you never post here again.Deal ?

 

US could soon overtake Saudi Arabia as world's biggest oil producer; output is booming


By Jonathan Fahey, The Associated Press | Associated Press – Tue, Oct 23, 2012




NEW YORK, N.Y. - U.S. oil output is surging so fast that the United States could soon overtake Saudi Arabia as the world's biggest producer.

Driven by high prices and new drilling methods, U.S. production of crude and other liquid hydrocarbons is on track to rise 7 per cent this year to an average of 10.9 million barrels per day. This will be the fourth straight year of crude increases and the biggest single-year gain since 1951.

The boom has surprised even the experts.

"Five years ago, if I or anyone had predicted today's production growth, people would have thought we were crazy," says Jim Burkhard, head of oil markets research at IHS CERA, an energy consulting firm.

The Energy Department forecasts that U.S. production of crude and other liquid hydrocarbons, which includes biofuels, will average 11.4 million barrels per day next year. That would be a record for the U.S. and just below Saudi Arabia's output of 11.6 million barrels. Citibank forecasts U.S. production could reach 13 million to 15 million barrels per day by 2020, helping to make North America "the new Middle East."

 

An interesting development in light of the fact we are now a distillates exporter. I see a lot of income ahead.

 

+1

 

The day that I turn into a "cut and paste" porch monkey is the day you have the right to call me "stupid".

btw, in the meantime, you might want to learn the difference between "then" and "than" and how to use the past tense of "loss", Range Rover.