Gas

This is the general Discussion area used for....General Discussions. Talk anything here just keep it clean and no spam.
Post Reply
JeffStrom
Club Member
Club Member
Posts: 751
Joined: Sat Oct 17, 2015 1:33 pm
Riding Style: Novice Track Rider
Achievement count: 7

Gas

Post by JeffStrom » Fri Apr 03, 2020 6:31 pm

Just amazing
20200403_155807.jpg
Jeff

Street Triple R / GSX-R600 / F850GSA

User avatar
dufremle
Club Staff/Treasurer
Club Staff/Treasurer
Posts: 12317
Joined: Fri Aug 25, 2006 7:57 am
Riding Style: Novice Track Rider
Achievement count: 0
Location: NW Fort Worth
Contact:

Re: Gas

Post by dufremle » Fri Apr 03, 2020 7:01 pm

Yep. Too bad the weather sucks.
Jim

2015 Yamaha YZF-R1
2014 BMW R1200GS Adventure (Totaled :( )
2015 RAM 1500 EcoDiesel

User avatar
fixxervi6
Ride Leader
Ride Leader
Posts: 13684
Joined: Sat Oct 09, 2010 2:41 pm
Achievement count: 36

Re: Gas

Post by fixxervi6 » Fri Apr 03, 2020 7:19 pm

Yall may be happy to see those numbers, I'm not.
'14 RGS1200 ADV

JeffStrom
Club Member
Club Member
Posts: 751
Joined: Sat Oct 17, 2015 1:33 pm
Riding Style: Novice Track Rider
Achievement count: 7

Re: Gas

Post by JeffStrom » Sat Apr 04, 2020 9:55 am

Unfortunately I , like most people, don't have a way to store and preserve 1000 gallons at those prices. I also saw diesel under $2.

While the demand side isn't looking to get much better in the immediate future, I think there will be some production cuts overseas. OPEC and the Russians appear to have problems sitting down at the table but apparently the US is getting involved as well. Production cuts from overseas are coming, but I can't say when. What is harder (for me, and I'm no expert) is predicting if the big gains for WTI in the last few days are just a temporary spike or represent the beginning of a recovery.
Jeff

Street Triple R / GSX-R600 / F850GSA

User avatar
fixxervi6
Ride Leader
Ride Leader
Posts: 13684
Joined: Sat Oct 09, 2010 2:41 pm
Achievement count: 36

Re: Gas

Post by fixxervi6 » Sat Apr 04, 2020 10:14 am

I think they are temporary, speculation based on new talks next week and the feds buying some for the reserve. No doubt they will cut production overseas, but we'll probably cut production too.
'14 RGS1200 ADV