Posted by Bruce from Can. on March 14, 2020 at 09:11:35 from (70.52.186.9):
In Reply to: gas prices posted by grizz02 on March 14, 2020 at 08:08:54:
When the tide comes in, all ships rise. And when the tide goes out, all ships go back down. So if the crude oil price goes down, in time the rest of commodities will follow along with it. Pumping Billions of $$ of cash into the economy, will not drive commodities back up long term, only weaken the buying power of the dollar. This has been pretty much the way the western worlds economy has worked in the post WW2 era. I have seen gas as low as .86 Canadian funds , per litre Friday . And that is down from the highest I had seen in January at a $1.26 per litre.
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