Thread: Cost of fuel...
View Single Post
Old 04-01-2022, 06:19 PM   #186
John Mercier
Senior Member
Join Date: Jun 2021
Posts: 1,666
Thanks: 0
Thanked 327 Times in 274 Posts

With all the gasoline being used for recreation and travel to second homes... it hasn't slowed... and so gasoline/oil are a reasonable risk/reward balance for stable-to-higher prices.

The downside is demand destruction - we saw short term during the pandemic and oil futures actually went negative; while the upside is maybe a natural disaster like Katrina.
John Mercier is offline