2
.gif)
- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Diesel has reached $6/Gallon for first time in U.S. History as a National Average
Posted on 9/11/26 at 1:58 pm to DownshiftAndFloorIt
Posted on 9/11/26 at 1:58 pm to DownshiftAndFloorIt
quote:
quote:
Using inflation adjusted values, today's price is the 3rd highest it's ever been. 2008 still holds the record
We dont talk enough about how fricking horrible 2008 was.
Highest price of oil was $147.27 WTI and $147.50 on July 3, 2008. The average for the month of July 2008 is still a record as well, at 128.08/barrel.
That's about $224.28; $224.63 and $195.05 respectively in today's dollars. Inflation rates for June, July and August 2008 were 5.0, 5.6, and 5.4% respectively. Then they started tumbling down and we had nine months of deflation in 2009.
Posted on 9/11/26 at 2:05 pm to saint tiger225
quote:
Trump has been president 6 of the last 10 years buddy. I
well buddy, it takes about 10-12 years to build a new refinery. Largely due to regulations enacted by libtards and environmentalists. And that's not even addressing the opposition and legal battles the libtard environmentalists start over the construction of one. So you may- may- have a point that Trump hasnt done enough to encourage new construction. But you can't deflect the 99% of blame the libtards own for their role in obstruction.
Posted on 9/11/26 at 2:06 pm to ragincajun03
And that doesn't even account for what the Houthi's did yesterday....
Posted on 9/11/26 at 2:07 pm to ragincajun03
Before Trump came into office my car could only hold $60 worth of gas. Now that Trump is in office, my car can now hold $90 worth of gas. 
Posted on 9/11/26 at 2:10 pm to slidingstop
quote:
that Trump hasnt done enough to encourage new construction. But you can't deflect the 99% of blame the libtards own for their role in obstruction
Unless Trump is going to build and maintain a refinery for them no one is sinking their own money into a venture.
Posted on 9/11/26 at 2:13 pm to BottomlandBrew
Sucks the media can’t factor this into their scare tactic headline
Posted on 9/11/26 at 2:13 pm to fightin tigers
quote:
Refiners are shutting down refineries to keep capacity full during lean times.
Or sacrifice them at the altar of climate change. RIP Shell Convent
Posted on 9/11/26 at 2:15 pm to RemyLeBeau
If Shell Convent was that valuable someone would buy it.
Posted on 9/11/26 at 2:17 pm to fightin tigers
Refiners all see the writing on the wall with demand going down
They weren’t going to sink billions into new refineries regardless of the regulatory environment
They weren’t going to sink billions into new refineries regardless of the regulatory environment
Posted on 9/11/26 at 2:20 pm to fightin tigers
quote:
Unless Trump is going to build and maintain a refinery for them no one is sinking their own money into a venture.
Aren't there refineries built and off-line that can be brought back online at fractional costs and time (compared to new builds)?
I mean, we're all getting 5K dividend checks. What if he reduced them to 4K and built infrastructure w the "extra"...
Posted on 9/11/26 at 2:23 pm to Dire Wolf
quote:And oil companies have stated this openly. Chevron's CEO said there will never be another refinery built in America.
Refiners all see the writing on the wall with demand going down
They weren’t going to sink billions into new refineries regardless of the regulatory environment
Posted on 9/11/26 at 2:25 pm to ragincajun03
Turn about is fair play
Posted on 9/11/26 at 2:26 pm to DinoSpumoni
quote:
Sucks the media can’t factor this into their scare tactic headline
I don't think you got the gist of my post.
Posted on 9/11/26 at 2:31 pm to saint tiger225
quote:
We long ago took away their ability to make a nuke. How long ago just depends on who you listen to and believe. That said, why are we still there?
Posted on 9/11/26 at 2:34 pm to BWHLSU
quote:
You odd characters who say complainers are poor don't know any hard working 1 ton truck driving guys we take it. Regular folks in rural counties who use their trucks to work with and not just run from home to the office or plant in. Is my assumption right? You're city boys?
Nah. From the swamp bruh! I just find it useless to "Post Bitch" about something that's uncontrollable. Not to mention I'm currently drilling a deepwater well in the GoA.
Posted on 9/11/26 at 2:38 pm to BWHLSU
quote:
Aren't there refineries built and off-line that can be brought back online at fractional costs and time (compared to new builds)?
There are. No one is going to risk their capital on a shitty investment return. There are reasons every refinery is shut down. And it isn't because they were printing money.
quote:
I mean, we're all getting 5K dividend checks. What if he reduced them to 4K and built infrastructure w the "extra
Are you saying to nationalize the refining sector? Because it sounds like you are saying nationalize the refining sector, comrade.
Posted on 9/11/26 at 2:48 pm to fightin tigers
quote:
If Shell Convent was that valuable someone would buy it.
Was on the market for all of 3 months before it was shut down and de-inventoried. Also, Shell's asking price was artificially high as they had already taken the write off on idling it.
It made money when Motiva ran it.
Posted on 9/11/26 at 2:53 pm to BWHLSU
quote:
we're all getting 5K dividend checks
Posted on 9/11/26 at 2:54 pm to RemyLeBeau
quote:
It made money when Motiva ran it.
It can make money now.
If you had 200MM you could get a lot better return than buying an oil refinery long term.
Page 2 of 4
Popular
Back to top
Follow TigerDroppings for LSU Football News