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Truck nut demand just exploded as oil hits $110 a barrel up $5 dollars today.

Posted on 3/2/22 at 6:03 am
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
26002 posts
Posted on 3/2/22 at 6:03 am
U.S. oil climbed to the highest level in more than a decade in Wednesday trade, with global benchmark Brent topping $110 per barrel as crude’s blistering rally continues

CNBC
Posted by member12
Bob's Country Bunker
Member since May 2008
32097 posts
Posted on 3/2/22 at 6:03 am to
Everyone can get their F-250’s fixed now!
Posted by OldHickory
New Orleans
Member since Apr 2012
10602 posts
Posted on 3/2/22 at 6:05 am to
Inflation is destroying us, but thank goodness there are no more mean tweets.
Posted by Roll Tide Ravens
Birmingham, AL
Member since Nov 2015
42639 posts
Posted on 3/2/22 at 6:07 am to
Joe is taking care of us! We’re just so down in the dumps due to COVID that we don’t realize how good the economy is!
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
26002 posts
Posted on 3/2/22 at 6:09 am to
Best President Eva, right?
Posted by BuddyRoeaux
Northshore
Member since Jun 2019
2699 posts
Posted on 3/2/22 at 6:09 am to
Trucks nuts:
[ON] OFF

ETA: Never let a good crisis go to waste. Last time during Obama Pt.1, he was a hell-of-a gun salesman and ran that price of crude up too. The more things change, the more they stay the same.
This post was edited on 3/2/22 at 6:12 am
Posted by FredBear
Georgia
Member since Aug 2017
15017 posts
Posted on 3/2/22 at 6:17 am to
Bidens* America
Posted by Hangit
The Green Swamp
Member since Aug 2014
39160 posts
Posted on 3/2/22 at 6:21 am to
Hopefully they don't price gas as if oil was $150/barrel.
Posted by Roll Tide Ravens
Birmingham, AL
Member since Nov 2015
42639 posts
Posted on 3/2/22 at 6:22 am to
And accordingly, I’m seeing gas prices in the $3.49-$3.55 range around Birmingham this morning. Roughly a $0.10 to $0.15 increase overnight.
This post was edited on 3/2/22 at 6:24 am
Posted by Klark Kent
Houston via BR
Member since Jan 2008
66899 posts
Posted on 3/2/22 at 6:28 am to
Doesn’t Oweo have a ban bet that gas prices won’t hit $X.XX in Louisiana? Wonder if he’s getting nervous yet?
Posted by sledgehammer
SWLA
Member since Oct 2020
3387 posts
Posted on 3/2/22 at 6:28 am to
What’s the highest ever price per barrel? When is potato brain gonna break the record?
Posted by BabyTac
Austin, TX
Member since Jun 2008
12184 posts
Posted on 3/2/22 at 6:31 am to
Joe said last night gas prices would start coming down. We’re not even to the ‘summer blend’ prices yet.
Posted by TexasTiger89
Houston, TX
Member since Feb 2005
24320 posts
Posted on 3/2/22 at 6:32 am to
With this President it is different. Cancelling pipelines, cancelling Gulf of Mexico leases and making us energy dependent on foreign oil has all added up to no boom in the oilfield. First time ever in my over thirty years of experience in my industry.

PS go by an electric vehicle

Signed
Brandon
Posted by sawtooth
Baton Rouge
Member since Jul 2017
3588 posts
Posted on 3/2/22 at 6:32 am to
quote:

The Biden administration is delaying decisions on new oil and gas leases and permits after a Louisiana federal judge blocked officials from using higher cost estimates of climate change.


This was just last week.

Of course this is all due to Ukraine.
Posted by Pepperoni
Mar-a-Lago
Member since Aug 2013
3485 posts
Posted on 3/2/22 at 6:52 am to
quote:

What’s the highest ever price per barrel?
When is potato brain gonna break the record?

Potato in Chief has some room to run yet…
quote:

The absolute peak occurred in June 2008 with the highest inflation-adjusted monthly average crude oil price of $162.31 / barrel.

From
LINK https://inflationdata.com/
Posted by Woolfman_8
Old Metairie
Member since Oct 2018
2072 posts
Posted on 3/2/22 at 7:00 am to
Thanks Brandon
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119259 posts
Posted on 3/2/22 at 7:03 am to
Congrats O&G baws. Homes, cars, vacations are yours for the taking.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119259 posts
Posted on 3/2/22 at 7:04 am to
quote:

And accordingly, I’m seeing gas prices in the $3.49-$3.55 range around Birmingham this morning. Roughly a $0.10 to $0.15 increase overnight.



24 cents here, from $3.25 to $3.49.
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
66763 posts
Posted on 3/2/22 at 7:05 am to
quote:

Congrats O&G baws


Ol brandon gave no indication last night that he was going to facilitate domestic production. The o&g baws are just as frickd as the rest of us.
Posted by Oilfieldbiology
Member since Nov 2016
37549 posts
Posted on 3/2/22 at 7:05 am to
Is there a website that tracks a barrel of oil compared to an oz of gold or silver?
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