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re: Kuwait Shuts In Production, Qatar's Energy Minister Warns Oil Could Hit $150 in Weeks

Posted on 3/6/26 at 9:39 am to
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
78445 posts
Posted on 3/6/26 at 9:39 am to
quote:

Will hit resistance at 100


It kissed $100 this morning
Posted by Trevaylin
south texas
Member since Feb 2019
11020 posts
Posted on 3/6/26 at 9:41 am to
Venezuela is very happy. Cash to be rolling in, the people liberated will share in the prosperity
Posted by C
Houston
Member since Dec 2007
28250 posts
Posted on 3/6/26 at 9:42 am to
Problem with the SPR is it can’t be distributed easily. I think the max they can distribute is 2 mbpd. And that’s probably assuming we’ve had a decline in other areas. There is just not enough infrastructure to make up for the 20 mbpd that goes through the straight.
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
78445 posts
Posted on 3/6/26 at 9:44 am to
It will take longer to get the SPR to market than the spike will last.

Doesn't mean we wont do it. Already going to relax Russian sanctions to help out.
Posted by GEAUXLPOST
Member since Sep 2012
1514 posts
Posted on 3/6/26 at 10:26 am to
I picked a fine time to buy a vehicle that gets about 10mpg. Luckily I don't drive much, hence why I bought it.
Posted by Spankum
The Sip
Member since Jan 2007
62273 posts
Posted on 3/6/26 at 10:46 am to
quote:

Why does gas always go up in price so quick? We’re less than a week into this conflict, and gas is up 70-80 cents!! Isn’t today’s gas made from feedstock from a month or so ago? But when the price of crude goes down, the prices at the pump taken forever to go down!!




It really doesn’t have much to do with the cost of the crude….it is totally consumer demand driven. I’ll garantee that the first thought into everyone’s head when they read Cajun’s post was to run out and fill up their cars with gasoline.

Posted by ronricks
Member since Mar 2021
12215 posts
Posted on 3/6/26 at 10:48 am to
Grocery Prices about to go even higher. What a clusterfrick by Trump.
Posted by ragincajun03
Member since Nov 2007
29241 posts
Posted on 3/6/26 at 11:44 am to
quote:

I’ll garantee that the first thought into everyone’s head when they read Cajun’s post was to run out and fill up their cars with gasoline.


shite, baw. It was the first thing I did after I read his post. Well…after I answered some work emails, even though I’m supposed to be off today. Then went on a walk with the wife. But after that, was the first thing I did on my way to Costco because the truck was 58 miles to Empty.

Posted by ragincajun03
Member since Nov 2007
29241 posts
Posted on 3/6/26 at 11:45 am to
quote:

Grocery Prices about to go even higher.


Probably gonna have to sacrifice my first born next week for a sack of crawfish.
Posted by Robin Masters
Birmingham
Member since Jul 2010
35933 posts
Posted on 3/6/26 at 12:16 pm to
Looks like I picked the wrong week to short trucknutz stock
Posted by Klark Kent
Houston via BR
Member since Jan 2008
74876 posts
Posted on 3/6/26 at 12:19 pm to
quote:

What a clusterfrick by Trump.



Posted by ragincajun03
Member since Nov 2007
29241 posts
Posted on 3/6/26 at 12:23 pm to
quote:

Looks like I picked the wrong week to short trucknutz stock


I place an order on a brand new platinum pair this morning. Financed at 24 months for only 6.8% APR.
Posted by Hobie101
Member since May 2012
1090 posts
Posted on 3/6/26 at 12:39 pm to
Bring on the EVs. They are going to be more economical for a lot of people.
Posted by LSUDad
Still on the move
Member since May 2004
62552 posts
Posted on 3/6/26 at 9:42 pm to
quote:

think he put it down to about half the previous levels in order to try to save damages for midterms.



I’ll help you here:

“ In 2022, the Biden administration sold 180 million barrels of oil from the Strategic Petroleum Reserve over 6 months. The sale lowered the SPR to its lowest levels in 40 years and was the largest ever release of oil from the SPR.”
Posted by DoubleClutch
Member since Oct 2025
134 posts
Posted on 3/6/26 at 10:17 pm to
Find a dick and eat it
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