OIL IS UP!

[kennyc]

I just checked oil prices. Over 62.00 dollars per barrel. That's up about 15 dollars since Iraq passed its budget. Do you think the markets aren't manipulated? This can only be good for us as the budget is based on I've heard 57 or 60 dollars per barrel. For Iraq to make money can only help us.

[King Bean]

I believe the budget is set at $56 per barrel. A rise can only help their financial situation....and dinar owners we hope too.

[Hearts]

The current Brent price is above $62 which is about a +$12/bbl above the NYMEX WTI at $50/bbl.  I believe the budget is based on Brent pricing, which is good for us.

[okane]

manipulated? yep

[TrinityeXchange]

i thought everything was manipulated.  did i miss something?? 

[SnowGlobe7]

gas prices up too....$2.25 in Tulsa this morning

[securityguy]

$2.89 in North West Oregon.

Edited March 2, 2015 by securityguy

[gymrat76541]

I always find it funny the reasons they give for increases in gas prices.

 

Switching from Winter blend to Summer blend.

Switching from Summer blend to Winter blend.

Shutting down for maintenance.

One remote country that only supplies a small amount of oil has a conflict.

Supply problems when America ships our oil overseas for sale & we purchase oil from Saudi.

[8th ID]

I always find it funny the reasons they give for increases in gas prices.

 

Switching from Winter blend to Summer blend.

Switching from Summer blend to Winter blend.

Shutting down for maintenance.

One remote country that only supplies a small amount of oil has a conflict.

Supply problems when America ships our oil overseas for sale & we purchase oil from Saudi.

 

I have to agree with you gymrat. Let's not forget, don't let the wind blow in the gulf and a little storm brew. That will cause it to rise a dollar, even if it does not effect the wells.