Oil Price Drop Incoming? Here’s What’s Up

prices in eastern pa were 3.08 last week this week 3.25 wheres the dip?

yeah they go down for about three days and jump right back up

they keep saying gas is coming down that's a joke I went by a store yesterday morning and gas was 2.85 i came back by about a hour later and it went up to 2.89

Don’t count on it !

Up down up down up down up down... I see articles saying the opposite in the same day. in other words, no one knows what's going on.

Have faith 🙏 All good things come to those who wait patiently.

if this is the case the US oil&gas industry is fixing to crash and mass layoffs are coming up. gas can be 99 cents and a lot of people will not be able to afford it. something I get hear a lot is " it doesn't matter what happens to the oil&gas industry it won't hurt the rest of the economy". in reality it will just look up whats its done in the past. unfortunately we have way to many sociopaths running around

great I'll be waoting👍

Unfortunately most citizens & those in office really don't understand the fluctuations in gas prices. Gas prices reflect the price of crude but also with the reduction in refineries crude can be a $2.00 a barrel but if you can't push out refined product gas will maintain higher prices. Gas delivered by truck to your local station has costs driven by diesel prices & availability of delivery. Profits drive prices & the transition of most gas stations to convenient stores the dip they have seen in higher margin tobacco & alcohol has changed the overall margins depending on fuel sales to make up their shrinking margins. Another stat that is ignored is in 1967 gas may have been 39 cents a gallon whereas today it is equivalent to $3.14 today. I won't change any minds but just share insite.

these stations just charge what the want one day 339 next day 319 their just stealing us blind