Gas prices

[Thomas Promise]

I'm sure you are aware of the lower gas prices here in the USA. My area of Cincinnati runs from 1.38 to as high as 2.49, averaging out about 1.64. They haven't been this low since March of 2009.

The experts are predicting lower prices soon. A town in Michigan was selling gas for .47 a gallon for a few hours. How low will they go?

[Randy W]

Negative Crude Oil Prices? Hard To Believe, But It's Happening In North Dakota

The term "low oil prices" just took on a whole new meaning.

Bidding for a specific type of low-quality crude in North Dakota has gone sub-zero. That's right, a buyer is saying it needs to be paid 50 cents a barrel to take delivery of crude.

 

 

 

 

The North Dakota crude oil that's worth less than nothing

[Mick]

With the lifting of sanctions on Iran, the market is going to be further flooded with their huge stock piles of crude, much of which is already sitting just offshore in huge tankers.