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#947866 - 01/19/16 07:51 AM Gas $$ down...Make Money?
WDFW X 1 = 0 Offline
My Area code makes me cooler than you

Registered: 01/27/15
Posts: 4528
So historically what has the trend been??

When gas prices tank what should a person invest in to make some coin when the gas prices come back up??

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#947880 - 01/19/16 12:03 PM Re: Gas $$ down...Make Money? [Re: WDFW X 1 = 0]
Lucky Louie Offline
Carcass

Registered: 11/30/09
Posts: 2267
Now that sanctions have been lifted on Iran, and if they can follow through by ramping up to 1 million bpd to its existing output by the end of the year as they have stated, then I might start thinking to go long on crude oil the closer it gets to $19.

Or, with Iran undercutting Saudi Arabia prices for European market share, it will be interesting to keep an eye on how this will play out. Is it going to be a bidding war or will Saudi Arabia through OPEC throw in the towel like other countries in OPEC want-- to escalate prices.
_________________________
The world will not be destroyed by those that are evil, but by those who watch them without doing anything.- Albert Einstein

No you can’t have my rights---I’m still using them





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#947881 - 01/19/16 12:08 PM Re: Gas $$ down...Make Money? [Re: WDFW X 1 = 0]
NickD90 Offline
Shooting Instructor for hire

Registered: 10/26/10
Posts: 7204
Loc: Snohomish, WA
I'm no expert and others on the board may be of better service.

My understanding is anything heavy transportation related is a pretty good bet right about now. Burlington Northern, Paccar, Maersk, GE et al. Less expenditures on fuel, means more savings to re-invest in fleets, parts and maintainence. Smart ships pull into port and mend sails during a storm.

The arms stocks are going gang busters, but for all together different reasons. Heavy arms like Boeing, Raytheon, Lockheed and small arms like Ruger, S&W. I'd focus on American companies as the Global market is not healthy. Stay away from China investments. Good luck...
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#947885 - 01/19/16 12:44 PM Re: Gas $$ down...Make Money? [Re: NickD90]
Sol Duc Offline
April Fool

Registered: 06/18/01
Posts: 15727
I remember the gas wars in the 70's, we went on our annual summer vacation in the station wagon. We paid.19 cents a gallon in Idaho.
_________________________
He who joyfully marches in rank and file has already earned my contempt. He has been given a large brain by mistake, since for him the spinal cord would suffice.

- Albert Einstein.

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#947890 - 01/19/16 01:06 PM Re: Gas $$ down...Make Money? [Re: WDFW X 1 = 0]
larryb Offline
The Rainman

Registered: 03/05/01
Posts: 2314
Loc: elma washington
heard on the news last night that the PNW will see gas prices go up in about a month. seem we use a higher price crud oil than other areas and don't have a lot of refiners here so the price stay up.
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#947958 - 01/19/16 08:12 PM Re: Gas $$ down...Make Money? [Re: WDFW X 1 = 0]
Piper
Unregistered


when gas prices are on the drop, its always a good indication that you need to invest in a president...

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#947964 - 01/19/16 09:19 PM Re: Gas $$ down...Make Money? [Re: WDFW X 1 = 0]
eugene1 Offline
Spawner

Registered: 09/17/10
Posts: 877
Loc: out there...
Fill 'em up!

Truck, boat, lawn mower, weed whacker, and so on. Maybe get some gas cans as well.

One thing is for sure, the price will go up again.


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