Tuesday, March 3, 2015

Steve's. Barking; at some oily questions

If there's no room at the inn ( there's no room for anymore oil in the U.S. Oil holding depots) why is the price of gas going up? *
Why is there a spread of $10 for Brent compared to domestic crude?
Would allowing domestic crude overseas help producers in the US produce more crude because there will be a profit?
Does the U.S. sell gasoline overseas? What about diesel? And what about benzine?
If it does, doesn't that defeat the purpose of no oil selling domestic oil overseas?
Is it possible that selling domestic crude overseas lower the price of oil in the US?
*Shouldn't the refiners be giving gas away?
Is the price of oil being manipulated?

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