Gas is gonna get real expensive here.

[Fireballsocal]

I follow oil prices among other commodities to try and learn a bit about the business. WTI (Texas oil) was $64-$67 a barrel before the Iran war. It jumped up to $85 a barrel within a day and with news of the new supreme leader, Khomeinis son, being elected today, has jumped again to $107 a barrel. This is just a spike with any luck but planning now may save you some money in the future. Toyota does make an awd prius. Shouldn't be too difficult for some of you enterprising types to make a long travel kit.

 

[Poule43]

We are DOOMED ! Its gonna get INSANE - Buckle Up !

 

[Bobalos]

Wait until that second refinery closes.... I'm guessing another $0.50 a gallon, over night.

 

[Grease Monkey]

Wait until that second refinery closes.... I'm guessing another $0.50 a gallon, over night.

Was discussing this tonight.
Drill baby drill

 

[Realbadlarry]

CA will be 8-10 by end of year.....the world market will get back to normal pretty quickly....LOTS of supply out there....once the Iranians settle down they will pump the crap out of it. We have destroyed pretty much All of their Navy, Air Force and Launchers....Once the kill the new guy, things will change FAST.

 

[Rockwood]

OPEC doesn’t want $100/barrel oil, makes fracking oil profitable. Once Hormuz settles down, prices will.

Until the refineries shut down, that is.