[Optimus Uber]

Ask yourself, why is gas so high? During the winter, $40 a barrel gas was at $2 a gallon in California.

I don't need bull shit excuses. Winter blend / summer blend. That's all marketing horse shit.

Someone needs to investigate. They are screwing over the public. This is price fixing and they owe us a refund.

 

[Optimus Uber]

the future shows a slowing economy so bring down the price of gas.

 

[Optimus Uber]

The normal trend for oil in late August is much higher. During winter last year, the barrel of oil was $40 and gas was approximately $2 a gallon here in California

The $40 a barrel in the summer months is very concerning because the trend for oil coming down in price is normally mid September.

Depending on the next few weeks California may see $2.00 a gallon gas soon. The rest of the country may drop to $1.50 a gallon as everyone knows how screwed up California is with all its extra taxes

Uber maybe profitable once gas hits a $1 a gallon.

 

[Optimus Uber]

Usually gasoline goes up around Labor Day, and again around the holidays, at least in my area.

Very true. That's the trend. That's why we'll have to see how it lays out this year. $40 a barrel in August means it's dropping earlier than the norm.

We will also get an increase when they switch from summer blend to winter blend. That's the way the hedge a little more out of us before the slow winter.

 

[Optimus Uber]

And in beautiful Chicago the gas is $3.50 per gallon. No typos.. $3.50

Currently it is about $3.65 here. Very similar

 

[Optimus Uber]

Looks like I'm moving to jersey to uber

 

[Optimus Uber]

View attachment 12032 That's what I paid after $0.40 off a gallon with my grocery store fuel points

Lucky you. Out here the most they give us is .20 a gallon for the grocery store points.

 

[Optimus Uber]

It's "up to $1" but you have to spend $1,000 on groceries to do that.

Part of the reason gas is so expensive there is because your taxes are absurd.

We get .10 off for every $100 we spend. But you can only use two rewards at a time and only up to 25 gallons. Which isn't an issue as my car only holds about 13 gallons on a fill up.

Ralph's is partnered with shell.

Vons/Safeway/pavilions is partnered with chevron

 

[Optimus Uber]

There are still refinery's offline.

The price of oil has more to do with OPEC not wanting to give up market share to shale oil producers here.

I have a guy that I drive every week. He owns land in North Dakota that they are taking the shale. He said opec thinks they are running at a loss at $40 a barrel because of the cost to extract it. He said they are wrong. He said there is so much shale they could drain the oil in the Middle East and still be frackin the Shale. He says they are fighting an uphill battle and don't know the true costs.

Also there is a huge deposit of shale in Monterey, CA. So far the tree huggers won't let them touch it he says if gas goes to $5 a gallon they will let them take it.

 

[Optimus Uber]

Ralph's Is Kroger right? That's what the chain is here. And it's 10 cents every hundred dollars but you can "keep" them up to a full dollar, max I hit is 40 cents. And Frys is partnered with circle k/shell which I think is the same company

Yep. Ralph's is Kroger
I didn't realize she'll and circle k are in bed with each other good to know.

She'll is the gasoline of choice for BMW. At least that's what the commercial I saw said

 

[Optimus Uber]

^^^
The Wall Street analysts along with reading the chatter through the Spiders think something really nasty is gonna happen beginning the middle of Sept.

If it's a repeat of when the U.S. Market collapsed. Get your liquid ready to buy into the market

The trend is to buy into the market between the 2nd and 3rd week of October. That is normally the biggest dip of the year

When the funds pull their gains and losses and get ready to reallocate for the next year

 

[Optimus Uber]

Why not use everybody elses carbon before we tap the last of ours. Anwar? It will be worth more next century than it is now for the already obscenely wealthy. We always hear drill baby drill! Yeah so they can ship it over seas. Too much natural gas? We have to ship LPG over seas? When has your electricity bill gone down due to the surplus. Erecting super terminals to export coal to increase green house gasses over seas? When has your electrical bill gone down due to the surplus?

That's the plan. Make sure we run out last.

 

[Optimus Uber]

Gas is at $3.55 today.... Down .10 a gallon.

 

[Optimus Uber]

China is on the brink of imploding.

In my opinion, Big money is very nervous right now.

What happened to us during the housing bubble is now happening to them.

 

[Optimus Uber]

Soooo, who's buying stocks on Monday? Apple crashed 6% today.

Don't buy stock until the 3rd week of October. That's when funds cash out. They will reallocate starting in November. Buy into the drop in October

 

[Optimus Uber]

Time to change title to drops 350 plus 530 today.

Might be time for another title change today. It was a good morning out of the gate.

 

[Optimus Uber]

Oil below $40, hit $37.75 today. Wait for the end of day sell off. Starting to gain speed. Soon margin calls will happen with 15 minutes left in the day. Watch the sell off start about 12:45 PST.