WTH is going on..... i thought you say gas ain't going drop to $4

[hmgROCK]

..but not going to happen any time soon based on what I've seen recently from my travels. People are still pumping at a good rate:

Here are the photos I took recently at the world's largest gas station chain during a trip and yep, still plenty of customers pumping:

$3.68/gallon at my local station
ain't even been a month yet
it's already down way below the $4
i think it safe to say
you don't know what you are talking about



p=pebhmong so you know im legit
PIC OR IT DIDN'T HAPPEN. SEEING IS TRULY BELIVING

[hmgROCK]

https://oilprice.com/

i just check the price of OIL
if it is down
gas is down

vice verse

ain't rocket science
I EVEN GIVE YOU THE ANSWER TO THE TEST

 

[theking]

[hmgROCK]

If you wrong
You wrong

Just own it

[theking]

[hmgROCK]

Might hit $3/gallon if oil price keep dropping

 

[theking]

Basic simple concept of "supply/demand"...common knowledge, I mean just look at all the "d" and "s" words below...so simple except for those that "don't know anything"...:

Citigroup Says Oil Demand to See Further Downward Revisions

BySophie Caronello
July 6, 2022 at 7:59 AM CDTUpdated onJuly 6, 2022 at 10:28 AM CDT

The outlook for oil demand likely will see further downward revisions amid higher fuel prices, said Ed Morse, global head of commodity research at Citigroup Inc.

“Almost everybody has reduced their expectations of demand for the year,” Morse said in a Bloomberg Television interview Wednesday. Citigroup reduced its forecast by about a third to 2.4 million-2.5 million barrels a day, similar to the US Energy Information Administration and the International Energy Agency. “Demand is simply not growing on an empirical basis to the degree that people had expected.”

Oil prices have soared this year as global demand returned with economies slowly emerging from the pandemic. While crude prices are hovering around $100 a barrel, Citigroup reiterated its base case for oil prices at $85 a barrel, adding that supply is “accelerating” into year-end.

“We don’t see the burgeoning demand coming out of China,” Morse said, noting that the nation has been building stockpiles this year.

Earlier this week, Citigroup had warned that oil prices could collapse to $65 a barrel by the end of this year and slump to $45 by the end-2023 if a demand-crippling recession hits. That outlook is based on an absence of any intervention by OPEC+ producers and a decline in oil investments, Morse and Francesco Martoccia said in a report. Citi’s forecast is in stark contrast to more bullish calls from other banks and market experts....
https://www.bloomberg.com/news/articles/2022-07-06/citi-s-morse-says-oil-demand-will-see-further-downward-revisions

[hmgROCK]

Its those CULTURE SHOCK duma keep talking about
When you don’t get out much
And just google trip advisor fake travel

Cheap gas here
Cheap cost of living
$10/hour is godsend

 

[hmgROCK]

For us legit cattle herder
NO FAKATION trip advisor

We just know
Common knowledge

Gas in California is just expensive

We been there
Unlike you claim to be here

[theking]

Per the neutral PH members:

THAT GUY "doesn't get out much" so every "little thing intrigue him".. :

good point......whe re hmgrock doesn't get out much, so one little thing intrigue him.

[theking]

NO FAKATION

Can't beat them, join them...what a LOSER..

[hmgROCK]

I post PIC AND EVERYTHING
Don’t get any more legit than that

Seeing with your own eyes




IF YOU WRONG
YOU WRONG
JUST OWN IT

[theking]

yeah i just make that stuff up

Just lied, dude

[hmgROCK]

IF YOU WRONG
YOU WRONG
JUST OWN IT


<<<getting owned by a dumb uneducated no degree $10/hour


 

[theking]

yeah i just make that stuff up

Just lied, dude