Re: US running out of crude.
[Re: jbyrd63]
#7391534
10/29/21 01:50 PM
10/29/21 01:50 PM
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Joined: Dec 2006
Posts: 29,973 williamsburg ks
danny clifton
"Grumpy Old Man"
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"Grumpy Old Man"
Joined: Dec 2006
Posts: 29,973
williamsburg ks
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thats exactly what bill clinton said. go figure
Those who would give up essential liberty, to purchase a little temporary safety, deserve neither liberty nor safety. Benjamin Franklin (1706-1790)
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Re: US running out of crude.
[Re: jbyrd63]
#7391537
10/29/21 01:51 PM
10/29/21 01:51 PM
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Joined: Jan 2014
Posts: 21,101 North East Kansas
Marty
trapper
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trapper
Joined: Jan 2014
Posts: 21,101
North East Kansas
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I predict a very hard winter for all of us in many ways...
E 'Honey Badger Militia' Sleep, the anti woke adote.
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Re: US running out of crude.
[Re: jbyrd63]
#7391587
10/29/21 02:56 PM
10/29/21 02:56 PM
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Joined: May 2010
Posts: 10,536 MN
Steven 49er
trapper
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trapper
Joined: May 2010
Posts: 10,536
MN
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Is anyone able to explain why supply is getting so low in Cushing?
Kansas CAt?
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
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Re: US running out of crude.
[Re: Steven 49er]
#7391598
10/29/21 03:17 PM
10/29/21 03:17 PM
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Joined: Mar 2007
Posts: 35,212 McGrath, AK
white17
"General (Mr.Sunshine) Washington"
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"General (Mr.Sunshine) Washington"
Joined: Mar 2007
Posts: 35,212
McGrath, AK
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Is anyone able to explain why supply is getting so low in Cushing?
Kansas CAt? Just a guess. I am sure it's a complex answer with lots of moving parts but........I suspect domestic producers are not willing to increase capital expenditures even at these higher prices because of the hostile stance towards all fossil fuels from the Biden administration. Why invest in production when the government is dedicated to your destruction ? Imports last week were up slightly but domestic refiners don't want to pay OPEC prices for crude and OPEC is committed to keeping prices at current levels or higher. There could also be labor shortages in the oil patch just like all other sectors of the economy. Some producers may also be waiting to see what tax changes come out of this budget nightmare.
Mean As Nails
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Re: US running out of crude.
[Re: waggler]
#7391600
10/29/21 03:21 PM
10/29/21 03:21 PM
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Joined: Jun 2007
Posts: 16,150 Tennessee
Scuba1
"color blind Kraut"
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"color blind Kraut"
Joined: Jun 2007
Posts: 16,150
Tennessee
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This is good news! Maybe these Democrat voters will now see the errors of their ways. Not holding my breath though. Yea right.... they'll just blame Trump and call it good.
Let's go Brandon
"Shall not comply" with morons who don't understand "shall not infringe."
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Re: US running out of crude.
[Re: jbyrd63]
#7391601
10/29/21 03:24 PM
10/29/21 03:24 PM
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Joined: Dec 2006
Posts: 29,973 williamsburg ks
danny clifton
"Grumpy Old Man"
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"Grumpy Old Man"
Joined: Dec 2006
Posts: 29,973
williamsburg ks
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the last time we ran out of oil the oil companies made money
Those who would give up essential liberty, to purchase a little temporary safety, deserve neither liberty nor safety. Benjamin Franklin (1706-1790)
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Re: US running out of crude.
[Re: waggler]
#7391648
10/29/21 04:53 PM
10/29/21 04:53 PM
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Joined: Dec 2018
Posts: 5,214 Crivitz WI
Sprung & Rusty
trapper
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trapper
Joined: Dec 2018
Posts: 5,214
Crivitz WI
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This is good news! Maybe these Democrat voters will now see the errors of their ways. Not holding my breath though. They are to brainwashed to get it.
No Jab.
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