Quote Originally Posted by kygorski View Post
Manmy of the "chain gas stations" are controlled or owned by a small organinized group.Houchens industries. They are the tail that wags the dog. It's thought the Saudi's are trying to end the fracking processs by lowering the price of crude, to where fracking isn't profitable anymore. Its also going to hurt the alternative energy industry. You younger guys are going to have many problems in your life times, and energy will always be one of them.
They will never know the pleasure of having gas so cheap that you can fill up the tank with about $2 and drive around the circuit all night long and maybe again the next weekend. Unless the new technology takes off.

The Saudi's are also killing the Russian Economy too. Russia was building up it's armed forces by selling oil on the world market and making huge profits when oil was 100 dollars a barrel.

But even now most people should understand that oil won't last forever even if we blow up the entire underground. There is only so much to be had and once it's gone it won't be coming back any time soon. So get it while you can and enjoy these <$2 a barrel prices. They won't last forever.

I'm not sure who's setting the price of gasoline but I know for sure that someone is. That can be the only reason that gas prices go up and down all at the same time at most all the gas stations on the same day.