Crude oil
#7836655
04/02/23 06:53 PM
04/02/23 06:53 PM
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Joined: Dec 2006
Posts: 2,155 Lufkin, Tx.
Lufkin Trapper
OP
trapper
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OP
trapper
Joined: Dec 2006
Posts: 2,155
Lufkin, Tx.
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At 6;55 eastern, crude oil futures @ $81.39. Better fill up now.
Last edited by Lufkin Trapper; 04/02/23 06:56 PM. Reason: correct error on time.
Billy Member # 16.
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Re: Crude oil
[Re: spjones]
#7836672
04/02/23 07:21 PM
04/02/23 07:21 PM
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Joined: Jan 2007
Posts: 5,064 MD
DaveP
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trapper
Joined: Jan 2007
Posts: 5,064
MD
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Saudis told Biden to F off!! Yup, an ADDITIONAL reduction of 1+ mn barrels per day, starting in May, on TOP of already slated production cuts. Going to make last years $4 gas seem like a deal! Atta Boy, Joe!!!
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Re: Crude oil
[Re: Lufkin Trapper]
#7836710
04/02/23 08:07 PM
04/02/23 08:07 PM
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Joined: Dec 2014
Posts: 4,408 west virginia usa
randall brannon
trapper
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trapper
Joined: Dec 2014
Posts: 4,408
west virginia usa
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Thank Hair Sniffer for being STUPID. Now even the Saudi's are fed up with him. I wish we could sell him but nobody would be enough to pay the Nickel!!!
God please keep they 19 fallen UBB miners out of trouble up there.
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Re: Crude oil
[Re: Lufkin Trapper]
#7836732
04/02/23 08:27 PM
04/02/23 08:27 PM
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Joined: Dec 2006
Posts: 21,205 St. Louis Co, Mo
BigBob
trapper
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trapper
Joined: Dec 2006
Posts: 21,205
St. Louis Co, Mo
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www.gasbuddy.comAnd, I use the sludge from fish fry cookers in my DP's.
Every kid needs a Dog and a Curmudgeon.
Remember Bowe Bergdahl, the traitor.
Beware! Jill Pudlewski, Ron Oates and Keven Begesse are liars and thiefs!
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Re: Crude oil
[Re: Bob_Iowa]
#7836793
04/02/23 09:01 PM
04/02/23 09:01 PM
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Joined: Jul 2022
Posts: 1,069 Va
Spike369
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trapper
Joined: Jul 2022
Posts: 1,069
Va
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Is something driving it up I haven’t heard of anything but haven’t felt well so I haven’t followed it much. Yea Russia and OPEC drastically cut daily production .
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Re: Crude oil
[Re: Lufkin Trapper]
#7836797
04/02/23 09:02 PM
04/02/23 09:02 PM
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Joined: Apr 2018
Posts: 780 Bush Alaska
victor#0
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trapper
Joined: Apr 2018
Posts: 780
Bush Alaska
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Don't worry we got plenty in the SPR!! To bad we don't have lots of oil here in the US... ....oh wait!!!!!
Last edited by victor#0; 04/02/23 09:04 PM.
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Re: Crude oil
[Re: Lufkin Trapper]
#7836798
04/02/23 09:04 PM
04/02/23 09:04 PM
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Joined: Nov 2007
Posts: 9,934 St. Cloud, MN
trapperkeck
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trapper
Joined: Nov 2007
Posts: 9,934
St. Cloud, MN
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Remember when numb nuts said he would restock the strategic oil reserve when it hit $70/barrel? Seems like it was there for a bit. Do you reckon the replacements have arrived yet?
"The voice of reason!"
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Re: Crude oil
[Re: Lufkin Trapper]
#7837172
04/03/23 11:38 AM
04/03/23 11:38 AM
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Joined: Feb 2011
Posts: 1,083 alberta
spjones
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trapper
Joined: Feb 2011
Posts: 1,083
alberta
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Japan breaks rank and buys Russian oil above cap
The western sanctions are boomeranging back,,,,,Like they always do
China,Saudis,Russia,Iran,etc are just setting back, watching and waiting
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Re: Crude oil
[Re: trapperkeck]
#7837182
04/03/23 11:56 AM
04/03/23 11:56 AM
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Joined: Dec 2010
Posts: 11,229 Armpit, ak
Dirt
trapper
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trapper
Joined: Dec 2010
Posts: 11,229
Armpit, ak
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Remember when numb nuts said he would restock the strategic oil reserve when it hit $70/barrel? Seems like it was there for a bit. Do you reckon the replacements have arrived yet? No. Who cares? The SPR is a relic of the 70's when the U.S. was dependent on the middle east for oil. It really serves no purpose other than to dump oil on the market to lower the price of a barrel of oil. I guess that is the strategery in S.P.R.
Who is John Galt?
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Re: Crude oil
[Re: Dirt]
#7837240
04/03/23 01:42 PM
04/03/23 01:42 PM
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Joined: May 2010
Posts: 10,560 MN
Steven 49er
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trapper
Joined: May 2010
Posts: 10,560
MN
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Remember when numb nuts said he would restock the strategic oil reserve when it hit $70/barrel? Seems like it was there for a bit. Do you reckon the replacements have arrived yet? No. Who cares? The SPR is a relic of the 70's when the U.S. was dependent on the middle east for oil. It really serves no purpose other than to dump oil on the market to lower the price of a barrel of oil. I guess that is the strategery in S.P.R. Who cares? Obviously the Saudis did. It was their primary reasoning for cutting production 1.2 million barrels a day
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
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Re: Crude oil
[Re: Lufkin Trapper]
#7837256
04/03/23 02:05 PM
04/03/23 02:05 PM
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Joined: Dec 2010
Posts: 11,229 Armpit, ak
Dirt
trapper
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trapper
Joined: Dec 2010
Posts: 11,229
Armpit, ak
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The primary reason for Saudi to cut production was because U.S. was going to buy 200 million plus barrels of crude oil at $70 a barrel?
Who is John Galt?
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