23
Jun

Long Term Oil Relief

   Posted by: SuperZ   in General Info

Long Term Oil Relief!

It looks like some of our factors for long-term oil use are changing. One factor is that China has decided to raise the price of gasoline and diesel fuel, which will lower the demand. Also, Saudi Arabia’s oil minister stated he would increase production through the end of the year. Although he didn’t state how much, but did say they would. And finally, Iraq is also set to sign contracts with companies to increase the production. Remember, this is long term, not short-term fix. So, get used to that $4 a gallon of gas.

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