Crude oil prices!

[Mike Fretty]

And for some odd reason we can sell to others but cant produce enough for ourselves

I believe we produce and refine enough for ourselves, but because it’s a world market, it’s being sold at a huge premium elsewhere.
The avg American is paying for this dynamic

 

[eyexer]

Here’s what doesn’t make sense. We refine more diesel in this state than we could use. The shipping costs to ND retail pumps is miniscule. Yet we are paying more at the pump for diesel than places that are probably 1000 miles from the nearest diesel refinery. Think there isn’t massive profit in the retail sector of fuel and gas?

 

[measure-it]

The whole gas/diesel deal (& OPEC) is a massive scam/rip-off to the American consumer.
There's huge profits to the oil co., refineries, shippers, AND gas retailers. NO BS!!

 

[Mike Fretty]

Here’s what doesn’t make sense. We refine more diesel in this state than we could use. The shipping costs to ND retail pumps is miniscule. Yet we are paying more at the pump for diesel than places that are probably 1000 miles from the nearest diesel refinery. Think there isn’t massive profit in the retail sector of fuel and gas?

Pretty sure Nodak has to bring diesel in. Our farm and industrial economy uses a higher % of diesel

 

[camper]

The whole gas/diesel deal (& OPEC) is a massive scam/rip-off to the American consumer.
There's huge profits to the oil co., refineries, shippers, AND gas retailers. NO BS!!

Thank you donald.

 

[eyexer]

Pretty sure Nodak has to bring diesel in. Our farm and industrial economy uses a higher % of diesel

I don’t think so. I believe there is at least 6 diesel refineries now.

 

[Wally World]

The whole gas/diesel deal (& OPEC) is a massive scam/rip-off to the American consumer.
There's huge profits to the oil co., refineries, shippers, AND gas retailers. NO BS!!

Welcome to America!

 

[gonefshn]

Greatest prices ever!!!!

 

[Rowdie]

 

[Colt45]

Barrel of crude oil is down over 8% today, down to $88 a barrel. Why the big drop in price?

 

[tikkalover]

Because Iran is afraid of the Democrats.

 

[Rowdie]

 

[Obi-Wan]

My dad who was a life long Democrat said - It doesn't matter who is in charge fuel prices always drop just before an election. which has mostly held true until this year.

 

[Colt45]

I believe you are onto something rowdie, my opinion is everything is a lie and has been for quite some time

 

[eyexer]

I believe you are onto something rowdie, my opinion is everything is a lie and has been for quite some time

At best some are half truths

 

[RyanN]

It's weird the guy who decides on war in Iran has so much stake in oil...

His oil and gas he's invested in earned over 35 million dollars this year alone.

I don't understand why people ignore this...

 

[Mike Fretty]

It's weird the guy who decides on war in Iran has so much stake in oil...

His oil and gas he's invested in earned over 35 million dollars this year alone.

I don't understand why people ignore this...

Do you have a link? Thanks

 

[Maddog]

it is all about the $