<![CDATA[cheaper gas]]>Seems gas prices are expected to continue to decline.

http://money.cnn.com/2014/12/31/investing/crude-oil-52-dollars-even-lower/index.html?iid=SF_INV_River

]]>https://brownsboard.com/topic/31575/cheaper-gasRSS for NodeThu, 01 Oct 2026 05:31:56 GMTMon, 05 Jan 2015 18:22:30 GMT60<![CDATA[Reply to cheaper gas on Mon, 05 Jan 2015 20:43:40 GMT]]>The US media is reporting it is because Saudi Arabia is increasing production. I doubt ISIS controls enough oil to have a major affect.

]]>https://brownsboard.com/post/468838https://brownsboard.com/post/468838Mon, 05 Jan 2015 20:43:40 GMT<![CDATA[Reply to cheaper gas on Mon, 05 Jan 2015 20:09:03 GMT]]>

@osiris said:

It definitely isn't the only reason. OPEC isn't cutting production which probably plays a bigger factor. I just thought it was an interesting perspective that nobody here seems to talk about.

no shit. And since it costs the Saudis pennies on the dollar compared to fracking they can afford to sell for less. We can't. And the Ruskies need the money so they are fucked too.

WSS

]]>https://brownsboard.com/post/468830https://brownsboard.com/post/468830Mon, 05 Jan 2015 20:09:03 GMT<![CDATA[Reply to cheaper gas on Mon, 05 Jan 2015 19:47:41 GMT]]>

@osiris said:

It definitely isn't the only reason. OPEC isn't cutting production which probably plays a bigger factor. I just thought it was an interesting perspective that nobody here seems to talk about.

It is definitely interesting, specially reading were the groups that are fighting ISIS(Kurds and Sunnis tribes) are profiting from them by taxing the oil transport. OPEC not slowing production, US and Canada increasing production(fracking and oil sands), a shift in consumerism from the west(to more fuel efficient vehicles) and a leveling out of Chinese growth(according to the article).

]]>https://brownsboard.com/post/468825https://brownsboard.com/post/468825Mon, 05 Jan 2015 19:47:41 GMT<![CDATA[Reply to cheaper gas on Mon, 05 Jan 2015 19:42:43 GMT]]>

@sadbrownsfan said:

Considering the Fields they have control over produce roughly 400,000-500,000 barrels a day(out of 85mil world wide) and that the $20 barrels are resold by the smugglers(black market) I doubt it is having major effect on the market.

http://www.theguardian.com/world/2014/nov/19/-sp-islamic-state-oil-empire-iraq-isis

Though it does help ISIS fund its army.

It definitely isn't the only reason. OPEC isn't cutting production which probably plays a bigger factor. I just thought it was an interesting perspective that nobody here seems to talk about.

]]>https://brownsboard.com/post/468823https://brownsboard.com/post/468823Mon, 05 Jan 2015 19:42:43 GMT<![CDATA[Reply to cheaper gas on Mon, 05 Jan 2015 19:32:15 GMT]]>Considering the Fields they have control over produce roughly 400,000-500,000 barrels a day(out of 85mil world wide) and that the $20 barrels are resold by the smugglers(black market) I doubt it is having major effect on the market.

http://www.theguardian.com/world/2014/nov/19/-sp-islamic-state-oil-empire-iraq-isis

Though it does help ISIS fund its army.

]]>https://brownsboard.com/post/468817https://brownsboard.com/post/468817Mon, 05 Jan 2015 19:32:15 GMT<![CDATA[Reply to cheaper gas on Mon, 05 Jan 2015 19:28:57 GMT]]>They were gonna behead people anyway. Might as well get cheap gas out of it.

]]>https://brownsboard.com/post/468814https://brownsboard.com/post/468814Mon, 05 Jan 2015 19:28:57 GMT<![CDATA[Reply to cheaper gas on Mon, 05 Jan 2015 19:20:35 GMT]]>

@the-cysko-kid said:

Way to go isis?

Sorry decapitated aid workers. *drives to store on the cheap*

]]>https://brownsboard.com/post/468806https://brownsboard.com/post/468806Mon, 05 Jan 2015 19:20:35 GMT<![CDATA[Reply to cheaper gas on Mon, 05 Jan 2015 19:07:50 GMT]]>Way to go isis?

]]>https://brownsboard.com/post/468791https://brownsboard.com/post/468791Mon, 05 Jan 2015 19:07:50 GMT<![CDATA[Reply to cheaper gas on Mon, 05 Jan 2015 18:53:15 GMT]]>

@osiris said:

And here is the reason they won't tell you about on cnn.com. While I was in Egypt I'd heard about this.

http://rt.com/news/203723-isis-iraq-oil-smuggle/

Well that would do it.

]]>https://brownsboard.com/post/468782https://brownsboard.com/post/468782Mon, 05 Jan 2015 18:53:15 GMT<![CDATA[Reply to cheaper gas on Mon, 05 Jan 2015 18:49:43 GMT]]>And here is the reason they won't tell you about on cnn.com. While I was in Egypt I'd heard about this.

http://rt.com/news/203723-isis-iraq-oil-smuggle/

]]>https://brownsboard.com/post/468780https://brownsboard.com/post/468780Mon, 05 Jan 2015 18:49:43 GMT