TornadoRed
Top Post Dawg
- Joined
- Aug 3, 2003
- Location
- West Des Moines (formerly St Paul)
- TDI
- 2003 Jetta TDI wagon, silver; 2003 Jetta TDI wagon, indigo blue; 2003 Golf GL 5-spd, red (PARTED); 2003 Golf GLS 5-spd, indigo blue (SOLD); 2003 Jetta TDI wagon, Candy White (SOLD)
California is more affected by the economies of East Asia and South Asia, and not so much by what is happening in Europe.Saw the same thing in Alameda, Hayward, and Oakland! D2 finally equal or less than RUG!
Something I thought about... weak euro economy = less demand for D2, more supply here since we export D2. If we export less and have more here, would D2 prices drop from greater supply?
Crude oil prices seem to be weakening because an interruption of Persian Gulf oil supplies is increasingly unlikely. Iran is still trying to sell oil, working out barter arrangements because of banking controls, but every week more of Iran's oil production is going into storage on tankers; the world is finding ways to get along without Iran's oil, but Iran is running out of money and may have to change its policies regarding war and nuclear weapons.