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Old 07-17-2015, 01:13 PM
 
Location: Midwest
38,496 posts, read 25,808,661 times
Reputation: 10789

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The price of oil has been dropping in anticipation of a deal with Iran....

Oil prices dive below $51 as Iran deal looms - Jul. 6, 2015

Now that a deal has been reached, we can buy oil from Iran again and gas is predicted to fall below $2.00 per gallon!

Quote:
U.S. drivers can look forward to $2 gas later this year, thanks in part to the Iran nuclear deal announced Tuesday.
$2 gas will be back after Iran nuclear deal - Jul. 14, 2015
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Old 07-17-2015, 01:27 PM
 
Location: Texas
38,859 posts, read 25,531,346 times
Reputation: 24780
I dunno...

Iranian oil will most likely go to China and India, so I'm not so sure it'll impact prices here all that much.

But it'll be good news to me if it really does happen.
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Old 07-17-2015, 01:29 PM
 
Location: SF Bay Area
12,287 posts, read 9,819,598 times
Reputation: 6509
I wish California wasn't so screwed up, paying nearly $4 gallon here right now.
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Old 07-17-2015, 01:40 PM
 
6,073 posts, read 4,749,948 times
Reputation: 2635
Quote:
Originally Posted by jojajn View Post
The price of oil has been dropping in anticipation of a deal with Iran....

Oil prices dive below $51 as Iran deal looms - Jul. 6, 2015

Now that a deal has been reached, we can buy oil from Iran again and gas is predicted to fall below $2.00 per gallon!

$2 gas will be back after Iran nuclear deal - Jul. 14, 2015
if that happened, it'd be lovely to see the liberals praise obama, and then watch people go back to driving gas guzzlers.
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Old 07-17-2015, 01:48 PM
 
13,898 posts, read 6,442,664 times
Reputation: 6960
Global Warming = oil bad
Iran Nuke Deal = oil good

LMAO
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Old 07-17-2015, 02:01 PM
 
41,813 posts, read 51,039,086 times
Reputation: 17864
Quote:
Originally Posted by Dbones View Post
Global Warming = oil bad
Iran Nuke Deal = oil good

LMAO
Even funnier....

Iranian Oil = Good

US Oil Companies = Bad
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Old 07-17-2015, 02:03 PM
 
13,898 posts, read 6,442,664 times
Reputation: 6960
Quote:
Originally Posted by thecoalman View Post
Even funnier....

Iranian Oil = Good

US Oil Companies = Bad
That is better, thanks
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Old 07-17-2015, 02:16 PM
 
Location: Midwest
38,496 posts, read 25,808,661 times
Reputation: 10789
Quote:
Originally Posted by Old Gringo View Post
I dunno...

Iranian oil will most likely go to China and India, so I'm not so sure it'll impact prices here all that much.

But it'll be good news to me if it really does happen.
It will all come out in the wash due to global supply and demand.
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Old 07-17-2015, 02:21 PM
 
45,230 posts, read 26,431,296 times
Reputation: 24979
Quote:
Originally Posted by jojajn View Post
It will all come out in the wash due to global supply and demand.
Finally admitting the price is dropping due to supply and demand. There is hope.
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Old 07-17-2015, 02:22 PM
 
Location: Midwest
38,496 posts, read 25,808,661 times
Reputation: 10789
Quote:
Originally Posted by Dbones View Post
Global Warming = oil bad
Iran Nuke Deal = oil good

LMAO
Our cars do still use gasoline you know.

How about this:

Global warming doesn't exist = oil good for our economy

Less expensive oil = not good because we have a black democratic president
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