[Magdalen] gas prices?

[Jon Egger]

$2.76 in the KC area and falling.  Election related?  Only your
corporations know.

+++
Grace & peace,
jon


On Wed, Oct 22, 2014 at 10:41 AM, Lynn Ronkainen <ichthys89 at comcast.net>
wrote:

> From: "Lesley de Voil" <lesleymdv at gmail.com>
>
>> I read today that Saudi Arabia is apparently flooding the market
>> enough to make prices go down significantly, so that those militants
>> who have taken over Iraq oilfields will not get as much money as they
>> had hoped. I thought this was usually classed as cutting off one's
>> nose to spite one's face.
>>
>
>
> well, the Saudis have not rushed to 'send troops', so perhaps they're
> doing what they can....
>
> OTOH, oil prices dropping will have global impact, most of it not good.
> Gas gets cheaper for us, but the lifeblood of forward progress in the oil
> industry is the value of trying new things.  Fracking, for instance, is
> expensive enough that many proposed projects may slow or stop is there is a
> downturn... just as LNG (liquid natural gas) work, hot and heavy for a
> decade, slowed down tremendously when other means of finding cheap natural
> gas  in the USA appeared.  It IS all about spending money to make money,
> and not the person on the street...
>
> on another hand... the Saudis have such an interesting social structure
> and governance, I don't think spiting their faces  even comes into play...
> AND by doing this they have suddenly become BIG PLAYERS on the world scene
> again after several year's run of other countries and other oil producing
> projects taking the limelight.
>
> .02ingly
> Lynn
>
> website: www.ichthysdesigns.com
>
> When I stand before God at the end of my life I would hope that I have not
> a single bit of talent left and could say, "I used everything You gave me."
> attributed to Erma Bombeck
>
> Thomas Merton writes, "People may spend their whole lives climbing the
> ladder of success only to find, once they reach the top, that the ladder is
> leaning against the wrong wall."
>
> "What you seek is seeking you." - Rumi
>
> --------------------------------------------------
>
>  Regards
>> Lesley de Voil
>>
>> On 10/22/14, Grace Cangialosi <gracecan at gmail.com> wrote:
>>
>>> Tonight with my Sheetz card, it was $2.76--I did a double take!
>>>
>>>  On Oct 21, 2014, at 11:22 PM, "Lynn Ronkainen" <ichthys89 at comcast.net>
>>>> wrote:
>>>>
>>>> They're falling fast here in Houston.... on the news just now lowest in
>>>> Town so far is 2.49...
>>>> Lynn
>>>>
>>>>
>>>> website: www.ichthysdesigns.com
>>>>
>>>> When I stand before God at the end of my life I would hope that I have
>>>> not
>>>> a single bit of talent left and could say, "I used everything You gave
>>>> me." attributed to Erma Bombeck
>>>>
>>>> Thomas Merton writes, "People may spend their whole lives climbing the
>>>> ladder of success only to find, once they reach the top, that the ladder
>>>> is leaning against the wrong wall."
>>>>
>>>> "What you seek is seeking you." - Rumi
>>>>
>>>
>>>