Thread: Cost of fuel...
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Old 04-01-2022, 09:16 AM   #185
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Originally Posted by sluggo View Post
Very interesting conversation ! so with all said here gas prices are really going to suck this year
I don't have a clue where gas prices are going to go over the next year. I tend to think they will back off a bit from these highs but remain elevated through the year.

The world has more than enough oil even without Russia, just need a re-balancing and as someone else mentioned there is a need for more refining capacity. But there isn't a supply reason why crude prices can't drop, I'm sure oil producers will try to ride this cash cow as long as they can by not increasing production as much as they probably could.
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