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re: OT: Let's talk about oil/gas prices

Posted on 2/6/15 at 3:38 pm to
Posted by j1897
Member since Nov 2011
3568 posts
Posted on 2/6/15 at 3:38 pm to
Oil futures are for next month, shouldn't effect the price today.
Posted by HWY 7
Member since Sep 2011
46 posts
Posted on 2/6/15 at 3:48 pm to
Im in trucking and today we are saving around $800 per week per truck on diesel, so in that regard im ecstatic. However, we are a flatbed business and the cheap oil price has begun to hurt the steel business because they rely so heavily upon the oil industry, so freight is beginning to tighten up. The next few months are going to be interesting.
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