I have an uncle who owns a plethora of gas stations throughout St. Louis and as far west as Columbia. He also owns his own oil company. If you've ever been to a Phillip's, Conoco, or Citgo with a Petromart, you've been to one of his stations.
Anyway, my cousin got married this weekend and my uncle was at the wedding. The conversation turned to the price of oil and gas. He says he's highly perturbed at the cost of oil. He says there's no way it should be as expensive as it is right now.
It cuts into his other sales because the high prices are causing people to conserve more fuel, and thus make fewer stops for gas. Meaning his Petromarts sell fewer beverages, candy bars, etc.
Anyway, he also says we'll never see $40/bbl oil again. BUT, he also says gas should be down to about $2.15 by next Thursday.
Oh, and he's got a pretty good source for his info about the oil. He just returned from a hunting trip to Argentina with Sheikh Ahmad Fahad Al Sabah. Yes, that's correct. The president of OPEC.
Anyway, my cousin got married this weekend and my uncle was at the wedding. The conversation turned to the price of oil and gas. He says he's highly perturbed at the cost of oil. He says there's no way it should be as expensive as it is right now.
It cuts into his other sales because the high prices are causing people to conserve more fuel, and thus make fewer stops for gas. Meaning his Petromarts sell fewer beverages, candy bars, etc.
Anyway, he also says we'll never see $40/bbl oil again. BUT, he also says gas should be down to about $2.15 by next Thursday.
Oh, and he's got a pretty good source for his info about the oil. He just returned from a hunting trip to Argentina with Sheikh Ahmad Fahad Al Sabah. Yes, that's correct. The president of OPEC.
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