And dropping. Unbelievable
Gasoline is at $0.71 per gallon while Ethanol is $0.99.
Gasoline is at $0.71 per gallon while Ethanol is $0.99.
LOL. They just raised the GPA not long ago. They were warned but they didn't listen. Great foresight there!It’s terrible. But, for those that may not know, we were (state of OK) already starting to lose a lot of oil business to NM/TX. They have been the new/old hotspot. Oil production in Oklahoma was in trouble before Covid-19. And getting rid of Covid, if it were possible, may not help. Oklahoma companies were laying off employees when oil was $55/barrel. Closing field camps when it was $45-50/barrel.
Y’all need to get with the state reps and senators and get them to lower the gross production tax and amend some other items. We need new exploration and new ideas, or oil in Oklahoma is going to be nearly a thing of the past.
$8.85 a barrel
Down 51.5% or $9.42
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