Save $3.60 on a $100 fill up, lol.Clown show
Biden to call for 3-month suspension of gas and diesel taxes
President Joe Biden on Wednesday will call on Congress to suspend federal gasoline and diesel taxes for three months.www.cnbc.com
Price Check in the Gas and Diesel Aisle...
- Thread starter BullGear
- Start date
then the roads and bridges will take a dive; and it will still be putin's fault.
Biden is doing an amazing job of putting $$ in the commies hands.
Roads and bridges are already shit.
The worst part about being taxed 43% is getting shit out of it.
I might not be as peeved about 43% tax if we had well maintained roads, healthcare, and higher education like other commie fuck countries, but no. All we get for our taxes is more welfare children here and money laundering in ukraine.
The worst part about being taxed 43% is getting shit out of it.
I might not be as peeved about 43% tax if we had well maintained roads, healthcare, and higher education like other commie fuck countries, but no. All we get for our taxes is more welfare children here and money laundering in ukraine.
Perhaps I am imagining this is really happening.
oilprice.com
U.S. Oil And Gas Exports Are Fueling Higher Domestic Prices | OilPrice.com
The U.S. commitment to free trade and free markets and the ability of U.S. companies to export oil and gas is one of the reasons it can’t control prices at home
oilprice.com
Oil
WTI @ 105.23
Murban @ 115.38
Some interesting things happening in the oil markets. Supply and demand with a look at the future.
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The Murban Crude Oil Future is a physically delivered contract, basis FOB Fujairah (ADNOC) loading terminal, UAE.
The contract will provide users with an effective hedging instrument for Arab Gulf crude oil and other grades trading into the Asia Pacific Region. The underlying physical market is for Murban crude oil available without the local Abu Dhabi resale restriction.
WTI @ 105.23
Murban @ 115.38
Some interesting things happening in the oil markets. Supply and demand with a look at the future.
__________
The Murban Crude Oil Future is a physically delivered contract, basis FOB Fujairah (ADNOC) loading terminal, UAE.
The contract will provide users with an effective hedging instrument for Arab Gulf crude oil and other grades trading into the Asia Pacific Region. The underlying physical market is for Murban crude oil available without the local Abu Dhabi resale restriction.
Highest-Ever July 4 Gasoline Prices Unlikely To Curb U.S. Demand | OilPrice.com
U.S. drivers are facing the highest gasoline prices for the 4th of July on record, but these are unlikely to curb Americans' appetite for road trips this summer
oilprice.com
Highest-Ever July 4 Gasoline Prices Unlikely To Curb U.S. Demand | OilPrice.com
U.S. drivers are facing the highest gasoline prices for the 4th of July on record, but these are unlikely to curb Americans' appetite for road trips this summer
That may be true this year, but if inflation continues, the gas will only be one problem for families in the future. As with everything in today's society, we only think of the present and let the future work itself out. This will be the reason for our society to fail. Planning for the future is an alien concept today. Many never think of what tomorrow will bring, much less plan for it.
Some of the broad factors that historians use to help explain imperial collapse are:
- Economic issues
- Social and cultural issues
- Environmental issues
- Political issues
What I have termed as "The Perfect Storm" will have all four of these factors happening simultaneously.
and, in other news, California is getting excited to close down another nuclear plant, in 2025. The diablo station creates 9% of CA's energy.
Go CA!!
This is as smart and closing down the nuclear plan in NJ and not adding electrical capacity
- Diablo Canyon has been the only operational nuclear plant, and the largest single power station, in that state. - per Wiki
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Wonder how much companies pay for SPR oil that is being sold at million barrels per day greatly depleting the stock over the past weeks, months . Before the midterms are over , it seems Brandon will deplete SPR to 82' levels and you will still have 5 to 6$ gas
The drop off the clif is the Ukraine war/ sanctions on Russian oil.
The drop off the clif is the Ukraine war/ sanctions on Russian oil.
Shut down one nuke in America and crank up nukes in Europe.... part of the plan.
Romania Bets On Nuclear Energy To Reduce Dependence On Russian Gas | OilPrice.com
As Europe races to break its dependence on Russian energy, Romania is looking to ramp up nuclear energy production in a big way
oilprice.com
It's getting better by the day. Now the scalpers on the spot market are hawking up a load of gasoline they can deliver to the USA....
oilprice.com
Gunvor Can Deliver 13 Million Gallons Of Gasoline To U.S., But There's Catch | OilPrice.com
Commodity trading giant Gunvor wants to deliver 13 million gallons of gasoline to the United States, but there’s a catch: they need a Jones Act waiver to do it
oilprice.com
A $10 national average would go a long way towards ensuring democrats don’t get elected in the future, and erasing 2 generations of brainwashing on global warming.
I don't think it will ever get fixed at this point; even if the voters go all Republican, you still have the Rino's to get rid of. It's just one big uniparty now.
It will take some serious turnover in leadership to get this boat righted. Can it happen? maybe, but the voting laws have to get fixed first before it does.
It will take some serious turnover in leadership to get this boat righted. Can it happen? maybe, but the voting laws have to get fixed first before it does.
No, they’ll still get re-elected. The narrative is that this is an external problem, ergo the dems can’t “solve” it but they can print some gas cards to help everyone!
Another example of a three letter agency making rules without going through the Legislature / Congress. They are going to run us out of gas and diesel.
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The EPA is considering a new label for parts of the Permian Basin that could deter or slow oil and gas drilling in certain parts of the prolific Permian Basin
oilprice.com
__________________________
The EPA is considering a new label for parts of the Permian Basin that could deter or slow oil and gas drilling in certain parts of the prolific Permian Basin
New Regulations In Permian Could Deter Drilling | OilPrice.com
The EPA is considering a new label for parts of the Permian Basin that could deter or slow oil and gas drilling in certain parts of the prolific Permian Basin
oilprice.com
Survey finds 81% of hourly workers have cut back because of high gas prices
A new survey shows just how squarely hourly workers are being hit by the effects of inflation - and especially high gas prices.
This is why I will continue to short oil and other commodities. I believe all analysts are lying in order to get as much out of the market as possible.
One more SCOTUS decision that no one is talking about.
The ruling on this case is to be released in the coming days. Arguably and in some regards it's bigger than many of the others recently released. The case is W. Virginia vs the EPA. At the heart of the case, the EPA was handing out regulations like candy, almost like they were the ATF. They had...
www.snipershide.com
It is not adding up.
We empty the Strategic oil Storage of cheap oil........ The ability of the refineries is so low that excess crude is being exported from the Gulf Coast states.
_________________
Crude exports through Gulf Coast ports are expected to top 3.3 million bpd in the second quarter this year, exceeding the previous record of 3.2 million bpd in the first quarter 2020, before the Covid-19 pandemic took its toll on global markets.
oilprice.com
We empty the Strategic oil Storage of cheap oil........ The ability of the refineries is so low that excess crude is being exported from the Gulf Coast states.
_________________
Crude exports through Gulf Coast ports are expected to top 3.3 million bpd in the second quarter this year, exceeding the previous record of 3.2 million bpd in the first quarter 2020, before the Covid-19 pandemic took its toll on global markets.
U.S. Gulf Coast Crude Exports Are Breaking Records | OilPrice.com
Despite the domestic supply issues, oil exports from the US Gulf Coast are set to hit an all-time high of 3.3 million barrels per day in the second quarter of 2022
oilprice.com
Dip in oil prices was short lived. Just enough to make Americans see that 'The price of fuel is down".... LOL
| WTI Crude • | 110.6 | +1.04 | +0.95% |
| Brent Crude • | 116.4 | +1.34 | +1.16% |
holding at 5.70 for 87 octane and 6.20 for 91 octane in AZ
I'd love to see 5.00 a gallon
It is not adding up.
We empty the Strategic oil Storage of cheap oil........ The ability of the refineries is so low that excess crude is being exported from the Gulf Coast states.
_________________
Crude exports through Gulf Coast ports are expected to top 3.3 million bpd in the second quarter this year, exceeding the previous record of 3.2 million bpd in the first quarter 2020, before the Covid-19 pandemic took its toll on global markets.
U.S. Gulf Coast Crude Exports Are Breaking Records | OilPrice.com
Despite the domestic supply issues, oil exports from the US Gulf Coast are set to hit an all-time high of 3.3 million barrels per day in the second quarter of 2022
so,, It's like LP..
Hey, we can sell it to USA for 1.29 or we can export it, and the USA price will 'artifically rise' (which is a real fk'n rise) to 2.00; since there will be more demand.
biden, empties reserve, gas companies buy all that cheap oil, and sell it to everyone but the USA..
talk about a fk'n
Under trump, so much oil coming in, that USA could get cheap fuel and refinery's could still refine and export.
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I'll cut to the chase....... "They" are going to first run us our of fuel and next run us out of food.
I'm guessing you're going to have to open that wallet a little wider the next few months.
LOL.... I am a retired, Union Steamfitter Welder.... Retired out of Local 250, Los Angeles.... Our people built that plant...
Sounds like a Quality Control issue with the tubing.... I witnessed the drop in quality back in the late 70's when material started coming from foreign countries... I could be TIG welding high pressure chrome tubing and there would be a loud "POP" and next to my weld would be an inclusion that expanded and blew out. guess what, somehow it became the welders responsibility to gring it down to base metal, fill it in, grind it smooth and complete the pipe weld. When it was X-Rayed the inclusion was not supposed to show up on X-Ray...... If it did the welder was sent down the road. They had to blame it on someone. Next, a guy like me was sent to grind it all out and repair the defect.... Soon, my work became all repairs. That was the beginning of the downfall of America.
Years ago me and my buddies used to fish near the hot water exit from San Onofre.
It was about 1.5-2 miles offshore and attracted fish like a mofo due to the 85'ish degree water.
Most of the time the cattle barges were there too (party boats) out of Dana and Newport.
Those were some good times, lotsa beer and lotsa fish (calico/sand/kelp bass, barracuda, halibut, sheepshead, you name it).
Here's the part that caught my eye
In addition, a public meeting will be held in the vicinity of the plant to discuss the results/status of the staff's reviews and inspections prior to making a decision regarding restart.
Note that before these actions could be completed, SCE made the decision to permanently retire SONGS Units 2 & 3 and enter the decommissioning process.
my opinion - hurry and close them before everyone finds out SCE overreacted
This week, a possible doomsday scenario could emerge in oil markets, based not only on OPEC+ export strategies but also due to increased internal turmoil in Libya, Iraq, and Ecuador. Possible other political and economic turmoil is also brewing in other producers, while US shale is still not showing any signs of a substantial production increase in the coming months.
oilprice.com
Oil Markets Could Face A Doomsday Scenario This Week | OilPrice.com
In the coming months, oil markets are finally going to discover if OPEC has enough spare capacity to avoid a supply crisis and halt a major oil price rally
oilprice.com
$2.19.9 per litre of mid-grade today, at the Co-Op gas bar here in The 'Peg. Bought $20.00 worth, and the needle hardly moved on the gauge.
(what do you expect for 2 1/2 gallons, eh?)
(what do you expect for 2 1/2 gallons, eh?)
Diesel $2.329/litre here in Dawson Creek. Converted to US gallons and US $, that $6.86/gal.
No positive news this morning from the Oil Patch.
| WTI Crude • | 113.3 | +1.49 | +1.33% |
| Brent Crude • | 119.6 | +1.65 | +1.40% |
My understanding it that it wasn't a material problem, but rather than the operational parameters of the plant exceeded the design parameters of the heat exchangers. Whether that was the fault of Mitsubishi or SCE, I don't know. Given that SCE was looking for $7.6B and was awarded only $58M after being forced to pay for Mistubishi's legal fees, it would appear that the vast majority of the blame fell upon the operator.
Unfortunately, playing the blame game doesn't restore the lost 2.5 GW of clean reliable power.
I bet that's when things get sporty. You can cut down on driving. You can't stop eating.
Right wind death squads will roll then.
Remember Katrina - anarchy is only 3 meals away.
China To Subsidize Refiners If Oil Prices Exceed $130 | OilPrice.com
China will provide subsidies to its oil refiners if international oil prices jump to over $130 per barrel as the world’s largest crude oil importer looks to ensure fuel supply
oilprice.com
No oil = No food
oilprice.com
Shell Warns Spare Oil Capacity Is Running Very Low | OilPrice.com
Global spare capacity is running very low, which will keep oil and gas markets on edge for some time, according to the chief executive of supermajor Shell
oilprice.com
No oil = No food
Shell Warns Spare Oil Capacity Is Running Very Low | OilPrice.com
Global spare capacity is running very low, which will keep oil and gas markets on edge for some time, according to the chief executive of supermajor Shell
Their plan is working to perfection.
Biden says high gas prices will continue 'as long as it takes' to defeat Russia's invasion of Ukraine
Gas prices have risen sharply due to ongoing turmoil in energy markets stemming from Putin's invasion of Ukraine.
Filled up twice at Costco in Kansas City today. Filled up this morning and did a 450 mile round trip to Omaha, filled up again on my way home...........diesel was $4.95...........hand calculated at 21.5 MPG......2022 Ford 6.7 F250..........makes me smile...........
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