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re: National Gasoline Avg up $0.18 week over week; Diesel up $0.31; WTI & Brent down currently

Posted on 9/21/26 at 11:08 am to
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
80298 posts
Posted on 9/21/26 at 11:08 am to
We still have Obama and Bush in these threads.
Posted by whatiknowsofar
hm?
Member since Nov 2010
28453 posts
Posted on 9/21/26 at 11:13 am to
Strangely a certain SDV idiot isnt in here laughing or mocking anyone. I wonder why.
Posted by Potchafa
Avoyelles
Member since Jul 2016
4705 posts
Posted on 9/21/26 at 11:33 am to
Gas price people!!! LOL!!!

Typing this from my drillship, drilling a 34,500' well smiling.
Posted by ragincajun03
Member since Nov 2007
30216 posts
Posted on 9/21/26 at 11:38 am to
What’s the expected drilling timeline, and when are y’all planning to start flowback?
Posted by redstick13
Lower Saxony
Member since Feb 2007
41542 posts
Posted on 9/21/26 at 11:39 am to
Save me a dinosaur tooth if you happen to see one come across the shakers.
Posted by Potchafa
Avoyelles
Member since Jul 2016
4705 posts
Posted on 9/21/26 at 11:59 am to
First of December......subsea structure first of the year.
Posted by TigerDeBaiter
Member since Dec 2010
10773 posts
Posted on 9/21/26 at 12:58 pm to
Please go look at all the refineries record profits. They are the problem. They’ve intentionally NOT made any effort to expand or (gasp) build a new refinery…whatsoever. And in fact have made the decision to shut down refineries. The lumber yards have done the same thing. I’m not saying they have “colluded” to do this, but they are all in sync.

The government needs to step in, through a loan guarantee, permitting or some kind of SPR guarantee. Otherwise they’re just going to sit in their hands until we have a major problem
Posted by OU Guy
Member since Feb 2022
34254 posts
Posted on 9/21/26 at 1:39 pm to

US Oil & Gas Association
@US_OGA

Want more refineries?
Give us permit reform.

Want more renewables?
Give us permit reform.

Want to build more of anything?
Give us permit reform.

Actually we're more optimistic than it sounds below but while you're yelling at your Congressman and Senator about the price of everything (including gas)

Yell at them about l getting permit reform done.



The above response was in reply to this

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Posted by northshorebamaman
Mackinac Island
Member since Jul 2009
38724 posts
Posted on 9/22/26 at 6:42 am to
quote:


But that all doesn’t mean Donald Trump was wrong to tweet what he did back then.


He wasn’t “wrong.” Gas was high. A private citizen pointing that out isn’t wrong. What he wasn’t, and what his followers still aren’t, is consistent.

Trump cares about whatever makes him look like the apex of humanity to whoever happens to be in the room, and his followers care about maintaining the belief that they’re elite free-thinkers following the guy who is finally going to deliver the life they think they’re entitled to which comes from being only a generation or two removed from one of the most geopolitically and economically privileged periods in human history and mistaking that historical anomaly for the natural baseline.

That requires an almost unbelievable level of naivety: believing that after a hundred years of ordinary people getting fricked by ultra-elites, their savior just happens to be an ultra-elite New York nepo-baby real-estate heir who genuinely gives a frick about Ricky from Dothan.
This post was edited on 9/22/26 at 6:44 am
Posted by chRxis
None of your fricking business
Member since Feb 2008
28368 posts
Posted on 9/22/26 at 6:53 am to
quote:

Trump cares about whatever makes him look like the apex of humanity to whoever happens to be in the room, and his followers care about maintaining the belief that they’re elite free-thinkers following the guy who is finally going to deliver the life they think they’re entitled to which comes from being only a generation or two removed from one of the most geopolitically and economically privileged periods in human history and mistaking that historical anomaly for the natural baseline.

That requires an almost unbelievable level of naivety: believing that after a hundred years of ordinary people getting fricked by ultra-elites, their savior just happens to be an ultra-elite New York nepo-baby real-estate heir who genuinely gives a frick about Ricky from Dothan.

this is so spot on, but the way you said it, the sentences are too long for hard core Trump fans to follow and understand what you are saying
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
80298 posts
Posted on 9/22/26 at 7:26 am to
quote:

Please go look at all the refineries record profits. They are the problem. They’ve intentionally NOT made any effort to expand or (gasp) build a new refinery…whatsoever. And in fact have made the decision to shut down refineries.


Holy shite what a vad take. You can tell you have had your talking points spoon fed to you.
Posted by Dire Wolf
bawcomville
Member since Sep 2008
40949 posts
Posted on 9/22/26 at 7:30 am to
quote:

Please go look at all the refineries record profits. They are the problem. They’ve intentionally NOT made any effort to expand or (gasp) build a new refinery…whatsoever. And in fact have made the decision to shut down refineries. The lumber yards have done the same thing. I’m not saying they have “colluded” to do this, but they are all in sync.
Posted by RedPants
GA
Member since Jan 2013
6215 posts
Posted on 9/22/26 at 7:35 am to
quote:

Trump has been the biggest disappointment in the history of dissapointments.

Can only be disappointed if you had expectations. It took 10 years, but I’m glad people are finally realizing he’s just a weird talking conman.
This post was edited on 9/22/26 at 7:35 am
Posted by CitizenK
BR
Member since Aug 2019
16691 posts
Posted on 9/22/26 at 7:38 am to
Tank cars from renewable diesel plants in TX and LA mostly go to California.

The big problem is that Europe opted to outsource its refining to Russia 20 years ago. That is when Russia began to expand and modernize its refineries.

Even P66 cancelled a major project at is refinery in Germany. The two big new hydrocracker reactors were shipped to its Lake Chares refinery and have sat in a laydown yard across the street for over a decade. The refinery was decommissioned and sold to be used as a terminal.

I don't think that anyone in DC actually understands both oil/gas production and refining. They just look at barres.
This post was edited on 9/22/26 at 7:41 am
Posted by CitizenK
BR
Member since Aug 2019
16691 posts
Posted on 9/22/26 at 7:51 am to
quote:

US Oil & Gas Association
@US_OGA

Want more refineries?
Give us permit reform.

Want more renewables?
Give us permit reform.

Want to build more of anything?
Give us permit reform.

Actually we're more optimistic than it sounds below but while you're yelling at your Congressman and Senator about the price of everything (including gas)

Yell at them about l getting permit reform done.


There are refinery projects with permits for several years not being built because typically there are much more profitable places to invest. It's a 40 year payout for capital investment.

Refineries have closed because not profitable enough or because access to crude oil has declined.

FTR, refineries built for light sweet crude don't like much of the new tight shale crude because they lose 30% capacity and go bankrupt. 3.6 million barrels per day must be blended with heavy to be usable. Another 3.8 million is refinable with extra energy in the form of heat.
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
80298 posts
Posted on 9/22/26 at 7:52 am to
Not sure if Europe decided or if the market just moved that way. Russia could undercut the European refiners in several ways.
Posted by CitizenK
BR
Member since Aug 2019
16691 posts
Posted on 9/22/26 at 7:53 am to
I voted for Trump 3 times, but he doesn't understand crude oil and refining, never has. He even includes barrels of NGLs in with crude oil when quoting production.
Posted by CitizenK
BR
Member since Aug 2019
16691 posts
Posted on 9/22/26 at 7:59 am to
quote:

Not sure if Europe decided or if the market just moved that way. Russia could undercut the European refiners in several ways.


BP and others helped Russia modernize and expand refineries. That all began 2 decades ago. Russia didn't do squat on is own.

If your idea is the case, then refineries would be built where the oil is. Thay aren't because of the need for downstream markets as in chemical plants. It's cheaper to transport just crude oil than multiple streams of products from it.
Posted by CitizenK
BR
Member since Aug 2019
16691 posts
Posted on 9/22/26 at 8:07 am to
quote:

Please go look at all the refineries record profits.


How many billions did they lose in 2020? Capital investment in a refinery is 40 year payout. That doesn't seem that profitable to me.

Much of the tight shale crude is crappy AF. Refineries built or light sweet crude lose their arse if that's the only thing they have access too. They lose 30% capacity and go bankrupt.

The problem is a global one. The US has exported the Eff out of diesel to Europe since Europe began shutting down refineries. We export a lot of it t Brazil too.

Posted by rrboy
USA
Member since Jan 2005
5635 posts
Posted on 9/22/26 at 8:34 am to
Oh, look oil below $90 a barrel. Iran crumbling! What will I bitch about today?
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