Originally posted by dosrobles
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Oil companies have no fear it seems
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Originally posted by Bayouboy View PostJust wait until those folks up north get to pay for a load of heating oil.
There will be a lot of homes with very little heat with these prices in that part of the country.
And remember. When heating oil production starts going up the price of diesel and jet fuel increases due to their production going down.
Gonna be cold in Yankee country.
Originally posted by Jon B View PostIt's getting rough. Pretty frustrating when you are steadily investing and at the end of the month the balance sheet is showing a loss.
On the bright side if everything collapses hard people may learn again to work, save, and focus on important things (versus the BS now)
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[QUOTE=RiverRat1;16246324]All I hear/see when reading this is even more free crap with the excuse of the poor people are freezing...while ignoring years of new iPhones, cars, and every luxury in history past that only rich people could afford.
We shall see. I have never known of an oil company or refiner yet to show mercy, take iou’s, or work with the govt on anything unless it benefitted them. And, Uncle Sammy isn’t giving out any war stamps or welfare for gas.
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Originally posted by rtp View Post250K aint what it used to be.
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Originally posted by bowhuntingw View PostI figure about August they will try to roll out another stimulus check to everyone and then “rage” a war on fuel prices to drive the price of gas down so that they can win votes by November.
Voters brains may not vote. But, hopefully their wallets will.
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I call bs on increased demand. I’m already seeing a huge difference in travel where I live not to mention in the stores. I’ve watched gas go up $.50-$.60 per gallon this week and one place I watched it go at $.50 today alone. I was on the lake earlier today and it was dead out there. There’s not more people getting on the road when gas is 4.50 a gallon and diesel is over five dollars
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Originally posted by bowhuntingw View PostI call bs on increased demand. I’m already seeing a huge difference in travel where I live not to mention in the stores. I’ve watched gas go up $.50-$.60 per gallon this week and one place I watched it go at $.50 today alone. I was on the lake earlier today and it was dead out there. There’s not more people getting on the road when gas is 4.50 a gallon and diesel is over five dollars
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Much of that dip in output can be blamed on refinery closures such as the one near Houston, with the report noting that five facilities shuttered during 2021, including the Shell refinery in Convent, Louisiana. Other states that saw a refinery closure include New Mexico, California, North Dakota, and Wyoming.
Wait until the Lyondell refinery closes in Pasadena. That’s another big hit.
Hopefully someone buys it.
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