Smart investing in the oil market

May 28, 2024 Last reply: 2 years ago 9 Replies

The price of crude varies all the time and the price of gas fluctuates considerably at times. Using my knowledge of the market and how it works, I made a killing this week.



You have to be smart when buying gas. I was getting low, and normally would have filled up when I was out Sunday. Since prices were up for the holiday, I decided to wait until today. It was a very wise fiscal decision. Price dropped today and I saved 52 cents!



Lets' just keep that among us here. I don't need Warren buffet calling me for investment advice all the time.


Don't worry, Buster. Look at my track record. I don't need your advice.

I wish this group still had mostly home repair. Post about that, huh.

Warren

Lucky you. I'm convinced the local gas station has a guy who looks at my gas gauge; they raise the price when I'm about to need a fillup. Then, when my credit card hits the pump, they know they can drop the price.

I've reached the point where _any post_ that isn't left-right politics is close-enough-for-me and welcomed. Petrol pricing might affect my petrol-powered home maintenance machines .. almost home repair ? :-)

ps : my Ryobi weed whacker works great after my latest fix - to disable the auto-line feed - - I'm so happy to be whacking off < the weeds > for an extended period. John T.

We all know why gas prices are high with Biden shutting down pipelines etc. He told us he was going after fossil fuels and has with a vengeance. This has also given us our high inflation. The guy in Canada is no different.

I invested in 2 liters of extra virgin olive oil this afternoon.

Yes, it is. I appreciate your imagination and cooperative spirit. I might have a job for you. Do you think you would like Omaha? PM me.

Warren

I filled yesterday for $2.93 a gallon. Today, I saw a station offering $2.67 a gallon. Those prices don't seem that high to me, but I know everything is relative. Some places add a lot of taxes, etc.

Gas Buddy says the prices near me are 3.55 and 3.53 and in genera from

3..45 to 3.89.

I'd like to know why ethyl is so much higher than medium. Decades ago, the last time I looked, low, medium, and high were evenly spaced, and no high is much higher? Is that because they ca't use lead anymore?

Trump gas was $2.10 gallon. Biden gas is over $3.60. Clear case of Bidenflation.

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