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Started By
Message
re: Saudi Arabia Books Supertankers To Flood U.S. Markets With Oil
Posted on 3/11/20 at 9:36 am to OysterPoBoy
Posted on 3/11/20 at 9:36 am to OysterPoBoy
quote:
Couldn't we just buy all this stuff cheap and put it in the reserves until oil prices go back up?
Not really how the oil reserves work.
1
Posted on 3/11/20 at 9:45 am to fightin tigers
Last I read the SPR's weren't at capacity. It wouldn't be a bad move to offload 10-15 of these into the caverns.
Posted on 3/11/20 at 9:48 am to Capt ST
quote:and just give a big "frick you" to US production?
It wouldn't be a bad move to offload 10-15 of these into the caverns.
Posted on 3/11/20 at 9:50 am to GEAUXT
quote:
It's funny how prices at the pump increase the second the price of oil goes up, but take forever to go down when the price drops.
It dropped 20 cents near me from Friday to Monday.
Posted on 3/11/20 at 9:51 am to Captain Crackysack
quote:
and just give a big "frick you" to US production?
They gave a big "frick you" to refiners when they allowed oil to be sold overseas.
Posted on 3/11/20 at 9:52 am to upgrayedd
quote:
Iran and Somali pirates finna eat
That would be funny. Somali: I'm your captain now
Captain: WHAT DO YOU WANT 'DOE????!!
Somali: I want money for this tanker
Captain: Sure, he's tree fiddy for the whole thing
Posted on 3/11/20 at 9:52 am to RedRifle
quote:
Saudi Arabia Books Supertankers To Flood U.S. Markets With Oil
Would be a shame if our ports were overburdened due to dredging and maintenance and they had to wait out in the gulf for a while.
Posted on 3/11/20 at 9:53 am to RougeDawg
quote:
Just pull your bass boat up to the side of the supertanker and they will hand a nozzle down.
Thank you for giving me a good laugh at work this morning
Posted on 3/11/20 at 9:54 am to Picayuner
quote:stop protecting their ships...
Just seize their ships and keep the oil for reserves
Posted on 3/11/20 at 9:55 am to goofball
A VLCC isn't coming into any port. They will be lightered offshore onto smaller shuttle tankers.
Posted on 3/11/20 at 9:56 am to goofball
quote:
Would be a shame if our ports were overburdened due to dredging and maintenance and they had to wait out in the gulf for a while.
They never come in to ports.
At least not fully loaded.
Posted on 3/11/20 at 9:57 am to Captain Crackysack
Well if it costs me $40/bbl to produce oil and the US Govt can counter this ploy by taking it off the market, I'd be good with it.
Posted on 3/11/20 at 9:58 am to Captain Crackysack
quote:
VLCC isn't coming into any port. They will be lightered offshore onto smaller shuttle tankers.
They can't offload those at LOOP?
Posted on 3/11/20 at 10:00 am to goofball
quote:
Would be a shame if our ports were overburdened due to dredging and maintenance and they had to wait out in the gulf for a while.
Supertankers don’t come into port in the GOM.
Posted on 3/11/20 at 10:01 am to GEAUXT
It's up 15 cents and I thought price per barrel was on the low 30s?
Posted on 3/11/20 at 10:02 am to Capt ST
They might be able to I dont think the water is particularly deep at the LOOP though. I'll have to check when I get back to work. VLCCs draw an unbelievable amount of water.
Posted on 3/11/20 at 10:05 am to Captain Crackysack
Looks like the N side is around 100', S side at fairway is 120'.
Posted on 3/11/20 at 10:07 am to fightin tigers
quote:
They gave a big "frick you" to refiners when they allowed oil to be sold overseas
Thought we were limited to the amount of US oil we could refine due to the grade of US oil?
Posted on 3/11/20 at 10:09 am to Capt ST
quote:LOOP doesn’t require dredging.They offload VLCC’s and. ULCC’s there.
They can't offload those at LOOP?
We used to fish around the tankers offloading. I think the water depth is 100’-125’ deep around those parts.
This post was edited on 3/11/20 at 10:11 am
Posted on 3/11/20 at 10:09 am to EveryoneGetsATrophy
quote:
Thought we were limited to the amount of US oil we could refine due to the grade of US oil?
Of sorts. Doesn't mean we should sell off our resources to other countries.
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