Foxtrot08 makes an oil thread! (Page 159 of 159)
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Originally Posted By xd341: but the price issue for diesel and jet isn't crude price or availability is it? at least in this country. It's refining capacity, we ain't got enough. Other refineries around the world can't get crude and therfor can't make distillates, so the global market is very tight. But our crude situation isn't the problem....right? Our crude situation isn’t a problem yet.™️ Right now the global distillate and thus base oil market are completely fucked. Everyone is relying on the U.S. and we don’t have enough refinery capacity. Plus it’s turn around season. So far we are fortunate not to have a bad hurricane season. It’s been super quiet and we are at peak season right now. |
Direction, not intention, determines destination.
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Integrity is the essence of everything successful.
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Originally Posted By bondservant2: Keep us posted if / when you can. Originally Posted By bondservant2: Originally Posted By Foxtrot08: Korean refineries may be in a bit of trouble now. Bunch of Sunday news that I can’t confirm yet. Keep us posted if / when you can. I’m being more vague in my posts. I don’t want to end up on X / Twitter again. |
Direction, not intention, determines destination.
Integrity is the essence of everything successful.
Integrity is the essence of everything successful.
How do I get out of this chickenshit outfit?
Joined:
Feb 2011
Posts:
16679
EE: 100% (22)
TX, USA
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Originally Posted By boolzi: What’s the use of being oil independent if we still pay global price AND we keep other countries equally in oil. They say we have plenty and won’t run out. Well, as long as we do so will all the other countries obviously. Our companies make the money rather than China |
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Originally Posted By boolzi: What’s the use of being oil independent if we still pay global price AND we keep other countries equally in oil. They say we have plenty and won’t run out. Well, as long as we do so will all the other countries obviously. We don’t have a national oil company. |
Direction, not intention, determines destination.
Integrity is the essence of everything successful.
Integrity is the essence of everything successful.
|
Originally Posted By boolzi: What’s the use of being oil independent if we still pay global price AND we keep other countries equally in oil. They say we have plenty and won’t run out. Well, as long as we do so will all the other countries obviously. keep the money circulating as petrodollar. |
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Originally Posted By Foxtrot08: We don’t have a national oil company. Originally Posted By Foxtrot08: Originally Posted By boolzi: What’s the use of being oil independent if we still pay global price AND we keep other countries equally in oil. They say we have plenty and won’t run out. Well, as long as we do so will all the other countries obviously. We don’t have a national oil company. 100% understand. It’s was more towards the mindset of Trump and people claiming “we” have plenty of oil. |
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Originally Posted By mikNtx: keep the money circulating as petrodollar. Originally Posted By mikNtx: Originally Posted By boolzi: What’s the use of being oil independent if we still pay global price AND we keep other countries equally in oil. They say we have plenty and won’t run out. Well, as long as we do so will all the other countries obviously. keep the money circulating as petrodollar. Good point, if it stays that way. Didn’t Pakistan recently bypass it. |
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Originally Posted By Foxtrot08: Our crude situation isn't a problem yet. Right now the global distillate and thus base oil market are completely fucked. Everyone is relying on the U.S. and we don't have enough refinery capacity. Plus it's turn around season. So far we are fortunate not to have a bad hurricane season. It's been super quiet and we are at peak season right now. |
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Originally Posted By Saker13: Ouch. 87 was $3.69 at Costco yesterday. Thankfully I won't have to fill up for another couple of weeks. I don't make many good decisions, but trading in a 24 mpg, 16 yo vehicle in early march for a 45 mpg vehicle may be one of my outliers  $3.99 this afternoon Attached File |
I wouldn't stand in front of a piss-filled supersoaker. Does that make it a good pistol? - Caboose314
I thought I was covered for 22 cans, but the NFAids is a bitch when it mutates - themagikbullet
I thought I was covered for 22 cans, but the NFAids is a bitch when it mutates - themagikbullet
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Originally Posted By xd341: thank God for the El Nino. might get breezy on the east coast this week but the gulf is quiet |
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Originally Posted By TheLASwamp: Yeah, the rest of the season should be very quiet. When I saw that we were going to have an El Nino storm season, I knew then it was very unlikely we'd see anything serious on the Gulf coast this year. El Nino summers tend to be very hot, very dry, and with higher barometric pressure that pushes hurricanes away. We had such a summer back in 2022. Like now, we were well into September with temperatures at or near 100F. It didn't feel like that summer was ever going to end.  and we might have a nor'easter by the end of the week. its not boring anyway. |
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Originally Posted By BeaterHonda: $3.99 this afternoon https://www.ar15.com/media/mediaFiles/184182/IMG_4616_jpeg-3830423.JPG |
Award: 24/365 Most likely to be an appendix.
"Dealing with Congress is like trying to have an adult conversation about the credit card with your alcoholic bi-polar Ukranian import wife."
"Dealing with Congress is like trying to have an adult conversation about the credit card with your alcoholic bi-polar Ukranian import wife."
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Originally Posted By Dopple: And that's only 85... Our 87 around here is $4.29+ now, 93 is about $1 more. 90 E0 is about the same as 93. Regular around here is $4.60 or so and premium is over $5 per gallon. Diesel is $6.70 On the plus side it appears that futures are down for the 4th day in a row hovering around the low $90’s, for what that’s worth. |
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Originally Posted By 4FishLimit: Regular around here is $4.60 or so and premium is over $5 per gallon. Diesel is $6.70 On the plus side it appears that futures are down for the 4th day in a row hovering around the low $90's, for what that's worth. |
Award: 24/365 Most likely to be an appendix.
"Dealing with Congress is like trying to have an adult conversation about the credit card with your alcoholic bi-polar Ukranian import wife."
"Dealing with Congress is like trying to have an adult conversation about the credit card with your alcoholic bi-polar Ukranian import wife."
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Originally Posted By 2JokersWild: So much this. We're getting ready to move into a much larger place in Oct. I'm already brainstorming up a noticable addition to the food store...... Originally Posted By 2JokersWild: Originally Posted By stgdz: While it's been pointed out that we prepared for the next two to three oil changes and some did more than that, this a micro level effect. At the macro level when it goes beyond that point (2 years) oil changes will be the least of our worries in that macro madmax landscape. Agreed at the macro level I don't know where this ends. Well I have an idea as I commented on the mad.max scenario but I think we have a pretty good chance of blowing rite past a recession. Seems like a lot of stars are aligning for something worse than that. |