$75 by krimuss.
WTI Crude • 76.61 -2.13 -2.71% Brent Crude • 83.94 -2.21 -2.57%
Heating Oil 82.42 85.86 -4.00% 
U.S. Fuel Exports Broke Records In The First Half Of 2022 | OilPrice.com
U.S. fuel exports jumped by 11% in the first half of 2022, the highest in EIA monthly data going back to 1973oilprice.com
Price Check in the Gas and Diesel Aisle...
- Thread starter BullGear
- Start date
As I’ve been saying for months, bullish analysts and the news are lying.
$75 by midterms, then right back up again
What drives it up? Hint: it probably won't be demand.
I'm picking that up as the analysts talk about the USD...... They are over using the word "STRONG".... The word "strong" is a great propaganda word (strong army, strong hurricane, strong belief's, etc)....
- Nov 3, 2010
- 10,621
- 23,333
Bad News For Oil Prices As Economists Predict Aggressive Action From The Fed | OilPrice.com
Economists now expect the Fed to hike interest rates higher than previously though, increasingly the likelihood of recession and weighing on oil prices
oilprice.com
| WTI Crude • | 79.93 | +1.43 | +1.82% |
| Brent Crude • | 87.39 | +1.12 | +1.30% |
| Heating Oil | 87.71 | 85.59 | 2.47% |
Exxon Limits Fuel Supply In France As Strikes Shut Down Refineries | OilPrice.com
ExxonMobil is limiting the supply of refined petroleum products in France after strikes forced the oil major to shut down two facilities
oilprice.com
With everything going on in the gulf area and changing over to winter fuel, what do you think this is going to do to gas prices. I know lumber went up with the forecast of hurricane Ian.
Good question.... There are two opposing forces. The "so called" shortages in the energy sector (oil, natural gas, fuel oil, LNG, etc) on one side and the worsening of the recession (higher interest rates, shortages, onset of winter, etc)...
Without some big changes, fuel (gas and diesel) will remain in the same range we have seen over the past couple of months.
The working middle class will suffer..... worldwide
Last edited:
| WTI Crude • | 82.19 | +0.04 | +0.05% |
| Brent Crude • | 89.37 | +0.05 | +0.06% |
I am very glad I got my rentals off of heating oil. It would cost them and arm and a leg this winter. Lets just hope that electricity doesn't go sky high too.
| WTI Crude • | 80.08 | -1.15 | -1.42% |
| Brent Crude • | 88.04 | -0.45 | -0.51% |
| U.S. Average | 5.127 | 0.241 | 2.264 Year ago |
Reg unleaded by my house went from 4.79 to 5.53 in a week.
91 octane at Costco ..4.09 as of 9/2/22
91 octane at Costco 4.49 9/16/22
91 Octane - 4.85 a gallon. 9/30/22 Phx Costco
American Energy Bills Are Set To Soar This Winter | OilPrice.com
As the global energy supply squeeze continues, the United States may finally begin to feel some of the squeeze
oilprice.com
Just to amuse you, the regular 95 octane, 10% ethanol, in Finland was at its highest $11.5 a gallon.
The regular price precovid used to be 7.0 and it is now 8.9.
But we do not have any domestic oil production, just refining.
The regular price precovid used to be 7.0 and it is now 8.9.
But we do not have any domestic oil production, just refining.
Prices near me in So Cal have gone up almost a dollar in two weeks. The blame is "Refinery maintenance on the west coast" but somehow the prices started going up before the maintenance excuse was put out there. Magically every refinery is doing maintenance at the same time and there are shortages...
$5.99 87 octane at the cheaper place by my house. Most are well above $6 and approaching $7.
$5.99 87 octane at the cheaper place by my house. Most are well above $6 and approaching $7.
I expect to see a lot of Natural Gas getting shipped to Europe soon. I think it will start to rise in the US.
Why Have U.S. Natural Gas Prices Soared Since 2020? | OilPrice.com
U.S. natural gas prices have quadrupled in the last two years, a price spike that is, in part, due to the country’s booming LNG industry
oilprice.com
well, you know what the Potatoe says, 'If you think prices are high now, watch this'Why Have U.S. Natural Gas Prices Soared Since 2020? | OilPrice.com
U.S. natural gas prices have quadrupled in the last two years, a price spike that is, in part, due to the country’s booming LNG industry
I've got a cousin in Ohio that owns a good many NG wells on her properties. I'll have to ask her if they are paying her any more than they were pre covid.
| WTI Crude • | 85.85 | +2.22 | +2.65% |
| Brent Crude • | 91.25 | +2.39 | +2.69% |
The price today of regular grade gasoline in sisters Oregon was hovering right at six dollars a gallon.
The price for premium grade gasoline is $6.36 a gallon.
The price for premium grade gasoline is $6.36 a gallon.
Clown Show:
The Department of Energy will release 10 million barrels from the Strategic Petroleum Reserve next month, the White House said, and Biden will direct releases of oil from the Strategic Petroleum Reserve “as appropriate to protect American consumers and promote energy security.”
“The President is also calling on U.S. energy companies to keep bringing pump prices down by closing the historically large gap between wholesale and retail gas prices — so that American consumers are paying less at the pump,” Sullivan and Deese said.
The Department of Energy will release 10 million barrels from the Strategic Petroleum Reserve next month, the White House said, and Biden will direct releases of oil from the Strategic Petroleum Reserve “as appropriate to protect American consumers and promote energy security.”
“The President is also calling on U.S. energy companies to keep bringing pump prices down by closing the historically large gap between wholesale and retail gas prices — so that American consumers are paying less at the pump,” Sullivan and Deese said.
Here goes the SPR , Brandon will have to drain it dry
oilprice.com
OPEC+ To Cut Oil Production By 2 Million Barrels Per Day | OilPrice.com
The OPEC+ meeting ended on Wednesday morning with the decision to cut production in November by 2 million barrels per day
oilprice.com
Bitterroot Valley, MT
Morgan Stanley: Oil Prices Will Hit $100 Next Quarter | OilPrice.com
Morgan Stanley believes oil prices will break $100 in the first quarter of 2023, increasing its forecast from $95
oilprice.com
| WTI Crude • | 91.32 | +2.87 | +3.24% |
| Brent Crude • | 97.12 | +2.70 | +2.86% |
4.622 USD/gal for Wk of Oct 03 2022
National average gasoline prices
$3.891
Maybe if they put both Venezuela and Iran on line they would only need to drain half of the SPR
In any case pellets of cash are being prepared
''Officials have reportedly also worked out a deal that would free up hundreds of millions of dollars in Venezuelan state funds frozen in American banks to pay for imports of food, medicine and equipment for the country’s battered electricity grid and municipal water systems.''
www.zerohedge.com
In any case pellets of cash are being prepared
''Officials have reportedly also worked out a deal that would free up hundreds of millions of dollars in Venezuelan state funds frozen in American banks to pay for imports of food, medicine and equipment for the country’s battered electricity grid and municipal water systems.''
As Biden Welcomes Venezuela Oil, He Prepares To Block All US Offshore Drilling | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
U.S. should pump more oil to avert war-level energy crisis, says JPMorgan's Jamie Dimon
JPMorgan Chase CEO Jamie Dimon said Monday that the U.S. should forge ahead in pumping more oil and gas to help alleviate the global energy crisis.
91 octane at Costco ..4.09 as of 9/2/22
91 octane at Costco 4.49 9/16/22
91 Octane - 4.85 a gallon. 9/30/22 Phx Costco
91 Octane - 5.09 a gallon 10/07/22 Phx Costco
Down the Rabbit Hole...
oilprice.com
NOPEC Bill Won’t Bring Oil Prices Down | OilPrice.com
The Biden Administration’s efforts to keep OPEC+ from cutting production once again have failed, and despite the anger in Washington, a NOPEC bill might not be productive for the U.S.
oilprice.com
Yep.... Seeing lot's to those "Squeeze Plays" across the board with individual stocks as well as Index Funds.... The trend for the year is still, very much, down....
The SPX
Leak Halts Russian Oil Flow To Germany, Officials Say Sabotage Not Suspected | OilPrice.com
A leak has been discovered in a key oil pipeline linking Russia and Germany, though officials say sabotage is not suspected
oilprice.com
91 octane at Costco ..4.09 as of 9/2/22
91 octane at Costco 4.49 9/16/22
91 Octane - 4.85 a gallon. 9/30/22 Phx Costco
91 Octane - 5.09 a gallon 10/07/22 Phx Costco
91 Octane - 5.25 a gallon 10/15/22 Phx Costco - 5.39 a gallon @ circle K
- Nov 3, 2010
- 10,621
- 23,333
Until recently, the idea of a Fortune 500 company boss criticizing the energy transition would have been considered eccentric, to put it mildly. Now, two Fortune 500 bosses have slammed the transition inside a single week. JP Morgan’s Jamie Dimon was first. On Monday, he told CNBC in an interview that the Biden administration had basically messed up the country’s—and the world’s—energy security by doubling down on the energy transition instead of motivating growth in oil production.
oilprice.com
Oil Industry Execs Lash Out At Botched Energy Transition | OilPrice.com
U.S. energy executives have blamed failed energy policies for the current energy crunch that has taken the world by storm
oilprice.com
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