Natural gas prices in EU double this week alone.

[Saltwater60]

Wow. This is not going well. Our leaders had better get their heads out of their asses or maybe this is what they want.

Energy Crisis In Europe Worsens As Natural Gas Prices Double In A Week | OilPrice.com

Europe may have dodged the bullet of gas outages for this winter, but surging prices for natural gas in Europe is quickly becoming a worrisome signal for the EU economy.

oilprice.com

 

[BerettaGuy]

Can you imagine how Restaurant Owners are feeling right now?
NY State of Emergency over. Democrats are taking a victory lap for "defeating" the rona. You are ready to open up again.
Gas over $4.00 Natural Gas going up. The cost of everything going up and now because people are feeling the pinch, they will cut out eating out.
But on the bright side, they got rid of Trump.

 

[livingston]

Can you imagine how Restaurant Owners are feeling right now?
NY State of Emergency over. Democrats are taking a victory lap for "defeating" the rona. You are ready to open up again.
Gas over $4.00 Natural Gas going up. The cost of everything going up and now because people are feeling the pinch, they will cut out eating out.
But on the bright side, they got rid of Trump.

Deep recession or depression on the horizon by design folks ...

 

[livingston]

Analysts Warn Of $150 Oil If The West Bans Russian Crude​

Still, potential sanctions on Russian energy exports are not off the table. If the West bans Russian oil, international crude prices could skyrocket to $150 per barrel, analysts say.

But even in the event of no sanctions on Russian oil, prices are set to remain very high and jump higher still because buyers and refiners are in a "self-sanctioning" mode, not daring to touch Russian crude and looking for alternative supplies. The possibility of an Iranian nuclear deal that would allow Iran to legitimately return to exporting its oil is a potential drag on oil prices, but barrels from the Islamic Republic cannot replace the loss of Russian oil, analysts say.

Analysts Warn Of $150 Oil If The West Bans Russian Crude | OilPrice.com

Analysts have warned that crude prices could go as high as $150 per barrel if the West decides to slap sanctions on Russian energy exports, but even without sanctions, oil could see further upside

oilprice.com

For the last two years I’ve been using a simple summary of the long-run relation (sometimes described as a “cointegrating relation”) between the U.S. retail price of gasoline and the price of crude oil. The relation implies that a $10 increase in the price of a barrel of Brent crude oil is typically associated with a 25 cent increase in the average U.S. retail price of a gallon of gasoline. The relation only captures the long-run tendency, and leaves out seasonal factors that for example brought the price of gasoline temporarily lower this last winter. But since this spring U.S. gasoline prices have moved back in line with what you’d expect given the long-run fundamentals.

Gasoline price calculator | Econbrowser

econbrowser.com

 

[BerettaGuy]

I went to the gun show in Cheektowaga yesterday. The next one is the end of April.
Have decided that although I think I have plenty of ammo I am going to increase my supply of .556 and .308.
If I come across some 30.06 for my Garand I may add to that pile too. I am equating it to investing in the future or buying gold.

The ammo prices were high but good supply, and a Ruger mini 14 is close to $900
I did see an MIA for 1900.
Maybe in April.
We need to make a movie of a guy fending off zombie hoards with his NY Compliant AR 15 cursing Cuomo every time he has to relaod. Then his brother-in-law says give me a gun and I will help you. He says, sorry, no electricity no internet no FFLs to make a transfer. Damn Cuomo.

 

[Saltwater60]

Analysts Warn Of $150 Oil If The West Bans Russian Crude​

Still, potential sanctions on Russian energy exports are not off the table. If the West bans Russian oil, international crude prices could skyrocket to $150 per barrel, analysts say.

But even in the event of no sanctions on Russian oil, prices are set to remain very high and jump higher still because buyers and refiners are in a "self-sanctioning" mode, not daring to touch Russian crude and looking for alternative supplies. The possibility of an Iranian nuclear deal that would allow Iran to legitimately return to exporting its oil is a potential drag on oil prices, but barrels from the Islamic Republic cannot replace the loss of Russian oil, analysts say.

Analysts Warn Of $150 Oil If The West Bans Russian Crude | OilPrice.com

Analysts have warned that crude prices could go as high as $150 per barrel if the West decides to slap sanctions on Russian energy exports, but even without sanctions, oil could see further upside

oilprice.com

For the last two years I’ve been using a simple summary of the long-run relation (sometimes described as a “cointegrating relation”) between the U.S. retail price of gasoline and the price of crude oil. The relation implies that a $10 increase in the price of a barrel of Brent crude oil is typically associated with a 25 cent increase in the average U.S. retail price of a gallon of gasoline. The relation only captures the long-run tendency, and leaves out seasonal factors that for example brought the price of gasoline temporarily lower this last winter. But since this spring U.S. gasoline prices have moved back in line with what you’d expect given the long-run fundamentals.

Gasoline price calculator | Econbrowser

econbrowser.com

We will be $150/barrel in a few days with or without this.

 

[ManualF150]

We will be $150/barrel in a few days with or without this.

Yes we will be. I'm predicting more like $160 judging by the charts. Not good!

 

[Jmac00]

I just looked up gasoline prices for U.K., they're at $2.57 per LITER which equals $9.73 per U.S. GALLON

 

[Saltwater60]

I just looked up gasoline prices for U.K., they're at $2.57 per LITER which equals $9.73 per U.S. GALLON

It’s always been high there and Canada. Yes I’m sure it’s higher now, but they have other better cheaper options that we don’t have in the USA.

 

[Dr. Evil]

I remember when I was in Bermuda years ago it was over $8.00 a gallon because everything is imported there. Can't imagine what it is like now.

 

[meketrefe]

The Amish say: Bring it on!

United Kingdom gasoline prices, 17-Feb-2025 | GlobalPetrolPrices.com

We show Octane-95 gasoline price data for the United Kingdom from 2015-03-09 to 2025-02-17. The average gasoline price during that period is GBP 1.30 per liter with a minimum of GBP 1.01 on 2016-02-01 and a maximum of GBP 1.92 on 2022-07-04.

www.globalpetrolprices.com

 

[Saltwater60]

The Amish say: Bring it on!

United Kingdom gasoline prices, 17-Feb-2025 | GlobalPetrolPrices.com

We show Octane-95 gasoline price data for the United Kingdom from 2015-03-09 to 2025-02-17. The average gasoline price during that period is GBP 1.30 per liter with a minimum of GBP 1.01 on 2016-02-01 and a maximum of GBP 1.92 on 2022-07-04.

www.globalpetrolprices.com

The Amish use gasoline they just don’t have a car or power in their homes. Many use natural gas for lighting, and gas pumps, generators, and tractors.