Originally Posted by
vaksedtothemax
I’ve already said in the 61 day June/July timeframe. My prediction, oil will be in the $70’s sometime in June or July. Gas, which is always slower, who knows. In CA it will be slow as molasses to come down because, well, we all know why….. Oklahoma, it’ll be back to the low $2.00 much quicker.
answer this question… when does oil hit $150, furloughs occur and a/c deliveries get cancelled.. that was some of the narrative when this thread started.
Thank you. JetA & Diesel are the twin lifelines of transport in the US. Even if tankers pull anchor next week, the opportunity cost for this screwup is yet to be determined.