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Link Posted: 5/9/2022 9:36:50 PM EDT
[#1]
Well, this is one step toward a brighter future.
Link Posted: 5/9/2022 9:36:53 PM EDT
[#2]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Baddy:


Psssh. My Uber Eats guy drives a Tesla. I’ll be fine.

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Originally Posted By Baddy:
Originally Posted By Texaspyro21:
Going to get real ugly when the gulf coast gets hit with a couple hurricanes.


Psssh. My Uber Eats guy drives a Tesla. I’ll be fine.


In all seriousness, I wonder how many coal or LNG power plants are supplied by rail. Diesel prices will drive overall electricity prices up for places like that.  But, you know, pipelines evil, must not have them.
Link Posted: 5/9/2022 9:37:18 PM EDT
[#3]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By SETXshooter:
So, should I go ahead and buy that 500 gal fuel tank and fill it at ~$5/gal diesel to hedge the coming increase?  I already have a 300 gal tank.

Fill both?

I am here in SE TX and this fuel pricing SUX.
View Quote


Diesel was 4.99/gal at Costco in Omaha Sunday. It sucks everywhere.
Link Posted: 5/9/2022 9:38:11 PM EDT
[#4]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By WhiskersTheCat:

I'd be fine just opening up the US oil industry. Let's sell to Europe at a profit and also become self sufficient again.

The EV owners will still have to go to the camps though
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Originally Posted By WhiskersTheCat:
Originally Posted By Bayrunner83:
It sounds like what we really need is this war in Ukraine to get wrapped up one way or another so the eurofags can go back to buying Russian oil. That alleviates the supply issues here in the US.


I'd be fine just opening up the US oil industry. Let's sell to Europe at a profit and also become self sufficient again.

The EV owners will still have to go to the camps though

They'll run out of charge on the way there and 2/3 of the charging stations will have their cords cut off by people trying to reycle copper to feed their kids who are near starvation due to baby food shortages.

Trying for 2022 irony but not sure I made it.
Link Posted: 5/9/2022 9:38:12 PM EDT
[#5]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By RV8guy:
Anyone know the fuel situation in the middle of the country or on the west coast?
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https://www.eia.gov/dnav/pet/pet_stoc_typ_d_nus_SAE_mbbl_m.htm
Link Posted: 5/9/2022 9:38:18 PM EDT
[#6]
Hearing jet fuel is just as high, and just as scarce. Worry there could be spot shortages with any kind of hiccup, which in this world, is a given.
Link Posted: 5/9/2022 9:38:23 PM EDT
[#7]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Hamiltbl2:


Diesel was 4.99/gal at Costco in Omaha Sunday. It sucks everywhere.
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4.89 to 5.29 here.
Link Posted: 5/9/2022 9:38:47 PM EDT
[#8]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Bayrunner83:


Nooooooooooooooo! We can’t do that!!! We need more wind turbines and solar panels!

Oil company baaaaaaad!!!!
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Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Bayrunner83:
Originally Posted By WhiskersTheCat:

I'd be fine just opening up the US oil industry. Let's sell to Europe at a profit and also become self sufficient again.

The EV owners will still have to go to the camps though


Nooooooooooooooo! We can’t do that!!! We need more wind turbines and solar panels!

Oil company baaaaaaad!!!!

Can't make them without the evil oil companies. LOL.
Link Posted: 5/9/2022 9:41:47 PM EDT
[#9]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Hamiltbl2:


The construction industry can’t get much worse. We’re still busy as hell even with serious lead time issues. Structural steel is 6-8 months right now. Joists are pushing a year. Galvanizes are 3+ months out. Garage doors are pushing a year to be shipped with missing hardware. Common electrical gear is pushing 30 week lead times. HVAC units have stretched to 40 weeks.

Common items have become unobtainium. Survey whiskers are one color now and even those are hard to get.

Things are bad and only getting worse.
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Originally Posted By Hamiltbl2:
Originally Posted By Foxtrot08:



Yeah it’s going to be a rocky period in time.

Investors don’t want to drop the cash to drill, because the political winds against them.  


Hard to find drilling crews. Supply chain issues.  Etc.


Not going to be a fun summer in the trucking industry. I expect a further collapse of the trucking industry.  Construction industry is going to get trounced.  

Inflation will continue to sky rocket.


Biden is… being Biden. And not actually doing anything remotely helpful.


The construction industry can’t get much worse. We’re still busy as hell even with serious lead time issues. Structural steel is 6-8 months right now. Joists are pushing a year. Galvanizes are 3+ months out. Garage doors are pushing a year to be shipped with missing hardware. Common electrical gear is pushing 30 week lead times. HVAC units have stretched to 40 weeks.

Common items have become unobtainium. Survey whiskers are one color now and even those are hard to get.

Things are bad and only getting worse.



Try bidding asphalt or dirt work. When you have no idea what your product costs are (asphalt) or what your fuel costs will be (dirt work.)


Fucked and fucked. Even if you bid fuel at $4 a gallon last year.  You’re screwed now.
Link Posted: 5/9/2022 9:42:05 PM EDT
[#10]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Hamiltbl2:


The construction industry can’t get much worse. We’re still busy as hell even with serious lead time issues. Structural steel is 6-8 months right now. Joists are pushing a year. Galvanizes are 3+ months out. Garage doors are pushing a year to be shipped with missing hardware. Common electrical gear is pushing 30 week lead times. HVAC units have stretched to 40 weeks.

Common items have become unobtainium. Survey whiskers are one color now and even those are hard to get.

Things are bad and only getting worse.
View Quote


Lol just wait until everyone stops having things built
Link Posted: 5/9/2022 9:42:50 PM EDT
[#11]
We made some record profits on export diesel over the last few weeks.  With PES shutting a couple years ago, East Coast fuel has lost ~ 400k bbls or refining a day.
Link Posted: 5/9/2022 9:43:52 PM EDT
[#12]
That will bring a shortage of gasoline. Diesel hauls gasoline to the pumps.
Link Posted: 5/9/2022 9:44:08 PM EDT
[#13]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Bluegrasscardinal:
Building back better

To the closet left and lurkers, May you die a painful death of ass cancer
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HERE HERE!!!

Might as well throw the never Trumpers in as well.

As for the current diesel shortage & prices. We’re fucked. Not a word I use often, but I can’t think of one that better describes this situation.

FJB!
Link Posted: 5/9/2022 9:44:46 PM EDT
[#14]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Stutzmech:
Gonna suck, wonder if that includes heating oil?
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I thought they were basically the same. There was a thread about the cost of home heating oil going through the roof.
Link Posted: 5/9/2022 9:45:13 PM EDT
[#15]
Will hotdogs still be cheaper come 4th of July?
Link Posted: 5/9/2022 9:45:43 PM EDT
[#16]
Does this mean I’ll be able to pick up a brodozer on the cheap soon?  I would love a huge brodozer to roll coal with but they are just so expensive.
Link Posted: 5/9/2022 9:46:03 PM EDT
[Last Edit: NotAFudd] [#17]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Foxtrot08:



Try bidding asphalt or dirt work. When you have no idea what your product costs are (asphalt) or what your fuel costs will be (dirt work.)


Fucked and fucked. Even if you bid fuel at $4 a gallon last year.  You’re screwed now.
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Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Foxtrot08:
Originally Posted By Hamiltbl2:
Originally Posted By Foxtrot08:



Yeah it’s going to be a rocky period in time.

Investors don’t want to drop the cash to drill, because the political winds against them.  


Hard to find drilling crews. Supply chain issues.  Etc.


Not going to be a fun summer in the trucking industry. I expect a further collapse of the trucking industry.  Construction industry is going to get trounced.  

Inflation will continue to sky rocket.


Biden is… being Biden. And not actually doing anything remotely helpful.


The construction industry can’t get much worse. We’re still busy as hell even with serious lead time issues. Structural steel is 6-8 months right now. Joists are pushing a year. Galvanizes are 3+ months out. Garage doors are pushing a year to be shipped with missing hardware. Common electrical gear is pushing 30 week lead times. HVAC units have stretched to 40 weeks.

Common items have become unobtainium. Survey whiskers are one color now and even those are hard to get.

Things are bad and only getting worse.



Try bidding asphalt or dirt work. When you have no idea what your product costs are (asphalt) or what your fuel costs will be (dirt work.)


Fucked and fucked. Even if you bid fuel at $4 a gallon last year.  You’re screwed now.


Why we vertically integrated and hit the futures markets to fix our bid price.  Working with Pimoris/PSC, Belcan, and Keller N’A on similar


On the asphalt, that’s real tough on timing.  Why we tried to purchase PRLLC recently.
Link Posted: 5/9/2022 9:46:12 PM EDT
[Last Edit: UTex86] [#18]
Well at least Lyondell is closing their 260,000 barrel a day refinery in Houston next year.

(don't worry someone will probably buy it)
Link Posted: 5/9/2022 9:46:29 PM EDT
[#19]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By NotAFudd:
We made some record profits on export diesel over the last few weeks.  With PES shutting a couple years ago, East Coast fuel has lost ~ 400k bbls or refining a day.
View Quote

Europe is even more dependent on diesel, and there are widespread outages now. They're outbidding us for the product right now.
Link Posted: 5/9/2022 9:47:03 PM EDT
[#20]
Remain calm!

Link Posted: 5/9/2022 9:48:13 PM EDT
[#21]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By TheTyrannyTractor:


Lol just wait until everyone stops having things built
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We’ve had two jobs shutdown already this year. Both (well at least one) that you wouldn’t think would be cash poor.
Link Posted: 5/9/2022 9:48:36 PM EDT
[#22]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Dboy11:
If this is true, I’m going to have a lot of trucks sitting.
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They were talking about it this morning on Fox business. It is real. Brandon has f&$#ed us good. When people get the bill for filling their oil tanks or budget plan for NG they will not be happy. Let it happen before they vote.
Link Posted: 5/9/2022 9:49:16 PM EDT
[#23]
It was $6.59 or $6.69 a gallon at the cheapest place In my area today. Truckers I know are posting pics of $1400 fill ups. This country is fucked. We have a president who barely knows his name and no reasonable way to correct this problem....
Link Posted: 5/9/2022 9:49:42 PM EDT
[#24]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By voodochild:
Will hotdogs still be cheaper come 4th of July?
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Asking the real questions.
Link Posted: 5/9/2022 9:50:07 PM EDT
[#25]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Lou_Daks:
Learn to code.
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I did that for over 30 years. My NG bill was still almost double this past year.
Link Posted: 5/9/2022 9:52:14 PM EDT
[#26]
During the reign of Obama, I spent $4000 for the last winter to heat my house in Massachusetts. It super sucked! I'm glad I only had to live there for two years.
Link Posted: 5/9/2022 9:53:42 PM EDT
[#27]
#2 ULSD is $6.09 here last I checked.
Link Posted: 5/9/2022 9:53:43 PM EDT
[#28]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By machinegunseabee:
I need more ammunition
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Diesel delivers packages.
Link Posted: 5/9/2022 9:58:29 PM EDT
[#29]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Crash1433:
It was $6.59 or $6.69 a gallon at the cheapest place In my area today. Truckers I know are posting pics of $1400 fill ups. This country is fucked. We have a president who barely knows his name and no reasonable way to correct this problem....
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And you can't throw him out because you just end up with Cumala..
Link Posted: 5/9/2022 9:59:46 PM EDT
[#30]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Voland:



And you can't throw him out because you just end up with Cumala..
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Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Voland:
Originally Posted By Crash1433:
It was $6.59 or $6.69 a gallon at the cheapest place In my area today. Truckers I know are posting pics of $1400 fill ups. This country is fucked. We have a president who barely knows his name and no reasonable way to correct this problem....



And you can't throw him out because you just end up with Cumala..
Almost like all this was set up....
Link Posted: 5/9/2022 10:07:07 PM EDT
[#31]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By trails-end:
That will bring a shortage of gasoline. Diesel hauls gasoline to the pumps.
View Quote

One of our local stations here in NCFL told a friend that his past tank fill was 4.20 a gal, and his next fill was 4.40 or higher.  We've been hovering between 3.99 at the cheapest places and 4.30 at the stupidly expensive places for gas here.
Link Posted: 5/9/2022 10:09:04 PM EDT
[#32]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By trails-end:

Diesel delivers packages.
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Originally Posted By trails-end:
Originally Posted By machinegunseabee:
I need more ammunition

Diesel delivers packages.

I wonder what fuel is looking like for water shipping.
Link Posted: 5/9/2022 10:11:15 PM EDT
[#33]
Link Posted: 5/9/2022 10:11:15 PM EDT
[#34]
If there's no diesel for rail transports or trucks, that will fuck my refinery in the ass.

We're recovering from a "thing", and that's impacting our diesel make.

And that doesn't even include all the ass-basket issues we deal with on a daily basis. Many of which are self-inflicted.
Link Posted: 5/9/2022 10:11:56 PM EDT
[#35]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By 4thbreak:
In before EV doesn't have this problem.
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Gasoline doesn't have this problem.

Link Posted: 5/9/2022 10:12:47 PM EDT
[#36]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Rat_Patrol:

Gas shot up 25 cents since yesterday. No storages at the pump from what I'm seeing.
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Originally Posted By Rat_Patrol:
Originally Posted By RV8guy:
Anyone know the fuel situation in the middle of the country or on the west coast?

Gas shot up 25 cents since yesterday. No storages at the pump from what I'm seeing.

Happy to pay more to have it available vs gone.

Inb4 muh price gouge
Link Posted: 5/9/2022 10:16:14 PM EDT
[#37]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By trails-end:

Diesel delivers packages.
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Yes that’s my concern

People kill other people over a chicken sandwich around here
Link Posted: 5/9/2022 10:20:05 PM EDT
[#38]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Texaspyro21:
Going to get real ugly when the gulf coast gets hit with a couple hurricanes.
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prophetic
Link Posted: 5/9/2022 10:23:03 PM EDT
[#39]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By FlashMan-7k:

It's good to have confirmation, but not on things like this.

This, on top of a reported baby food shortage.
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Originally Posted By FlashMan-7k:
Originally Posted By SquirrelAssassin:
For OP



https://pbs.twimg.com/media/FR7FuLqX0AAKzHO?format=png&name=900x900

It's good to have confirmation, but not on things like this.

This, on top of a reported baby food shortage.

After food will be diapers.  Time stamp it.
Link Posted: 5/9/2022 10:26:31 PM EDT
[#40]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By trails-end:





Diesel delivers packages.
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Discussion ForumsJump to Quoted PostQuote History
Originally Posted By trails-end:
Originally Posted By machinegunseabee:
I need more ammunition





Diesel delivers packages.
Diesel delivers everything.  It's the only actual transport fuel.  Gas just hauls people.
Link Posted: 5/9/2022 10:27:44 PM EDT
[#41]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By FlashMan-7k:

So ... combined pile of stupid.
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Originally Posted By FlashMan-7k:
Originally Posted By Foxtrot08:
European demand for US fuel is up something like 600% from an article I read today.

Refineries re tooled for either gasoline or renewable diesel (lol) in 2020.

They’re going to gear up a little bit for distillates over the summer. But I don’t expect diesel prices to go down anytime soon.


Drilling isn’t coming online nearly as fast as it needs to.  There’s a lot of instability in the market. The political forces are still against the O&G industry. The false push for renewables. Etc.

So ... combined pile of stupid.

And we are still in the coming attractions phase of the movie.  
Link Posted: 5/9/2022 10:29:23 PM EDT
[#42]
Hopefully they can figure how to lower the prices
Link Posted: 5/9/2022 10:30:57 PM EDT
[#43]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By NotAFudd:
We made some record profits on export diesel over the last few weeks.  With PES shutting a couple years ago, East Coast fuel has lost ~ 400k bbls or refining a day.
View Quote

And Congress will fix it.... by making new legislation taking your profits.
Link Posted: 5/9/2022 10:34:51 PM EDT
[Last Edit: FlashMan-7k] [#44]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By exponentialpi:

And Congress will fix it.... by making new legislation taking your profits.
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Originally Posted By exponentialpi:
Originally Posted By NotAFudd:
We made some record profits on export diesel over the last few weeks.  With PES shutting a couple years ago, East Coast fuel has lost ~ 400k bbls or refining a day.

And Congress will fix it.... by making new legislation taking your profits.

Making a recession during a recession.

If we're lucky.

Shades of FDR. Oh boy, are the historians going to LOVE the biden junta.   ... and to think, some of these people really believe that "but what will the historians think of you, be on the right side of history" is scary. No, historians by and large are a disaster. Just look at who they rate as the greatest presidents.
Link Posted: 5/9/2022 10:38:14 PM EDT
[#45]
Link Posted: 5/9/2022 10:48:06 PM EDT
[#46]
Enjoy the ride.  Not going to quickly drill your way out of this one.
Link Posted: 5/9/2022 10:51:53 PM EDT
[#47]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By SETXshooter:
So, should I go ahead and buy that 500 gal fuel tank and fill it at ~$5/gal diesel to hedge the coming increase?  I already have a 300 gal tank.

Fill both?

I am here in SE TX and this fuel pricing SUX.
View Quote


We just filled up two 1000 gallon tanks, one for each water pump we have running that are priming the canals so we can water the rice fields.  $4.06 per gallon and that’s at our wholesale price.
Link Posted: 5/9/2022 10:54:24 PM EDT
[#48]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By DianFossey:
Hopefully they can figure how to lower the prices
View Quote

Link Posted: 5/9/2022 10:54:57 PM EDT
[#49]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By JDeere7296:


We just filled up two 1000 gallon tanks, one for each water pump we have running that are priming the canals so we can water the rice fields.  $4.06 per gallon and that’s at our wholesale price.
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Discussion ForumsJump to Quoted PostQuote History
Originally Posted By JDeere7296:
Originally Posted By SETXshooter:
So, should I go ahead and buy that 500 gal fuel tank and fill it at ~$5/gal diesel to hedge the coming increase?  I already have a 300 gal tank.

Fill both?

I am here in SE TX and this fuel pricing SUX.


We just filled up two 1000 gallon tanks, one for each water pump we have running that are priming the canals so we can water the rice fields.  $4.06 per gallon and that’s at our wholesale price.




Dyed is still around $4 a gallon here. Cost is actually $3.79
Link Posted: 5/9/2022 10:55:14 PM EDT
[#50]
Oh boy!

Everyone pile on!
https://www.zerohedge.com/commodities/power-grid-operators-warn-potential-electricity-shortages-amid-transition-clean-energy
Power-grid operators across the US warn that power-generating capacity struggles to keep up with demand, a worrying sign ahead of summer where heatwaves could lead to rolling blackouts.

The Midcontinent Independent System Operator, or MISO, operating in 15 states across the US Central region, said last month that capacity shortages this summer due to soaring summer demand might result in outages. Last Friday, California Independent System Operator, or California ISO, outlined energy shortfalls this summer because of heat and wildfires. Texas over the weekend saw triple-digit temperatures in some portions of the state, though grid stability was maintained despite several power plants being offline for maintenance.

WSJ explains grid instability and increased risk of power shortages this summer comes as fossil fuel power plants are "being retired more quickly than they can be replaced by renewable energy and battery storage." Power grids are racing to retire conventional power plants fueled by natural gas, coal, and diesel to green forms of energy, such as solar power and wind. There's also the retirement of aging nuclear power plants.
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