Crude oil is rugging in real time but gas at the pumps isn't going down
Man you must've been fucking fuming when oil was negative dollars in March 2020, but gas prices were still $2/gallon
>>61307579Like, I can imagine OP backing up his huge fuel truck into a local gas station on March 2020 thinking he will fill up 10000 gallons and expecting the gas station clerk to run out and pay him $30,000. Haha lmao
Abundance of oil on the market devalues the dollar
>>61307561Wait a bit.Gasoline price at pump seems to be tracking crude oil quite well
In 2020 the Saudis fucked over US, now they are fucking over RussiaSaudis are chaotic neutral
>>61307561who is dumping crude?
>>61307579how is that even possible?
>>61310336They were paying people to take their oil so they wouldn’t have to shut down the refineries and pipelines lines. It costs a lot of money to stop them restart production. So they kicked the can down the road a bit, and it worked out. The secondary brokers stored it all for big oil.
>>61307561Dumb european bitches are buying overpriced US gas OP
>>61307561Should have invested in polite oil
