-36.00 a barrel !

B

bobt

Active member
Does this mean we will get stamps and a set of dishes when we fill up?

(For those that remember)

(This means producers have to pay $36.00 a barrel to haul it away)
 
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S

Skylar

Super Moderator
Staff member
Enjoy it while it lasts! Just remember though, the "experts" said we would never see gas below 3 bucks, just a few short years ago. Never believe what an "expert" says.
 
X

xcr440

Well-known member
Just another "effect" of the shut down. When will oil producers have to lay off or furlough staff is the next question.....
 
S

slimcake

Well-known member
Its getting interesting boys.... Open er back up!! Just pumped a 55 gallon barrel up into our bulk oil rack and thought to myself fill it up with premium?? Not gonna do it...
 
M

maddogg

Member
bobt said:
Does this mean we will get stamps and a set of dishes when we fill up?

(For those that remember)

(This means producers have to pay $36.00 a barrel to haul it away)
Click to expand...

I remember those Mobile dishes - I wonder how many people still have them!!
 
gary_in_neenah

gary_in_neenah

Super Moderator
Staff member
bobt said:
Does this mean we will get stamps and a set of dishes when we fill up?

(For those that remember)

(This means producers have to pay $36.00 a barrel to haul it away)
Click to expand...

If they want to sell gas offer Free Haircuts with every fill up. Then watch'm line up.
 
S

snobuilder

Well-known member
This is a depression pre curser.

WI is already setting up for mail in voting in Nov.
This means they plan to drag this out all year in an effort to defeat trump.

NYT piece says that the vast majority of mail in votes in WI supreme Court race went to Dem jill K.
 
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gary_in_neenah

gary_in_neenah

Super Moderator
Staff member
xcr440 said:
Just another "effect" of the shut down. When will oil producers have to lay off or furlough staff is the next question.....
Click to expand...

Got this today from one of our advisors;

The "shock and awe" of negative oil prices in recent days will add to a list of unprecedented economic readings reflecting the dramatic economic shutdown - including a severe decline in Q2 GDP and a record-setting spike in unemployment. We think the economy will start to exhibit progress as we advance, but not without periodic setbacks along the way.

We're seeing signs of progress in containing the virus, which is a necessary step toward restarting the economy, but the return to economic growth will be gradual, not instant. Stocks have rallied sharply in recent weeks as markets have shifted their sights from the rise in new virus cases to the eventual reopening of the economy. We don't think volatility is gone for good, and this oil situation is an example of the conditions that are likely to prompt periodic disappointments. But we do think investors can remain confident in the broader outlook as we anticipate a market recovery to gain traction as we progress through this year.
Craig Fehr, CFA
Investment Strategist
 
1

1fujifilm

Well-known member
gary_in_neenah said:
Got this today from one of our advisors;

The "shock and awe" of negative oil prices in recent days will add to a list of unprecedented economic readings reflecting the dramatic economic shutdown - including a severe decline in Q2 GDP and a record-setting spike in unemployment. We think the economy will start to exhibit progress as we advance, but not without periodic setbacks along the way.

We're seeing signs of progress in containing the virus, which is a necessary step toward restarting the economy, but the return to economic growth will be gradual, not instant. Stocks have rallied sharply in recent weeks as markets have shifted their sights from the rise in new virus cases to the eventual reopening of the economy. We don't think volatility is gone for good, and this oil situation is an example of the conditions that are likely to prompt periodic disappointments. But we do think investors can remain confident in the broader outlook as we anticipate a market recovery to gain traction as we progress through this year.
Craig Fehr, CFA
Investment Strategist
Click to expand...

Hi Gary,
I see gas is 84 cents at Shell station next to T/A Motorsports (Francis Creek, WI)..unreal.

Bear
 
gary_in_neenah

gary_in_neenah

Super Moderator
Staff member
At prices like that don't you wish you could load up the family in the Wagon Queen Truckster and head cross country?

wagon-queen-family-truckster-1.jpg

Just for grins and giggles, I checked the last time gasoline was near 84 cents a gallon..... 1979.
 
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