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re: $77/barrel - “something big is happening”

Posted on 3/10/26 at 6:00 pm to
Posted by SouthEasternKaiju
SouthEast... you figure it out
Member since Aug 2021
46835 posts
Posted on 3/10/26 at 6:00 pm to
Trump is about to reveal the secret of a unlimited free power we obtained from extraterrestrial intelligence.
This post was edited on 3/10/26 at 7:41 pm
Posted by OU Guy
Member since Feb 2022
29324 posts
Posted on 3/10/26 at 6:36 pm to
A flotilla of at least 25 supertankers is heading to Saudi Arabia’s Red Sea port of Yanbu as the kingdom races to get its oil to market after the Iran war halted shipping through the Strait of Hormuz

The fleet would give the kingdom the capacity to ship 50 million barrels of oil from the port, based on ship-tracking data compiled by Bloomberg
Posted by Penrod
Member since Jan 2011
55231 posts
Posted on 3/10/26 at 6:46 pm to
quote:

his is the second thread where you jumped in head first to defend the globalist insurance mafia. You sound stupid maybe take a break

I don't think there is a globalist insurance mafia. Insurance mafia? Sure. Just not globalist.

And this is me on globalists.
quote:

It’s the neocon globalists who want forever wars to force countries like Iran and Ukraine into the NWO.
Posted by Big Scrub TX
Member since Dec 2013
39794 posts
Posted on 3/10/26 at 6:57 pm to
quote:

you know exactly what the frick i'm talking about, why are you playing dumb?

they immediately jack the prices up on gas they already have in their tanks based on what future gas will cost if cost per barrel goes up. when the cost per barrel goes down, the price gradually creeps back down.

You should be intelligent enough to know that your formulation is simplistic and facile. Just because prices have come back down some, it's obvious that volatility is much higher than it was. And volatility has a cost - often one that is hard to price correctly.

And this is before we talk about things like how thin retail gasoline margins are in the first place.
Posted by Ailsa
Member since May 2020
8078 posts
Posted on 3/10/26 at 7:00 pm to
Posted by Lsudx256
DFW
Member since Mar 2016
3460 posts
Posted on 3/10/26 at 7:05 pm to
quote:

You realize that you won’t see it at the pump until that business gets a new fuel shipment with the lower prices. They aren’t going to take a loss on the fuel already in their tanks.


You realize you have no idea how gas pricing works?
Posted by Jack Ruby
Member since Apr 2014
27322 posts
Posted on 3/10/26 at 7:41 pm to
So that's why gas jumped another 30 cents overnight? And diesel up $2/gal in a week?
Posted by lake chuck fan
Vinton
Member since Aug 2011
23610 posts
Posted on 3/10/26 at 7:44 pm to
Well, the fact that there is NO shortage of crude oil is a giod place to start!
And Trump told London, "frick you", when Loyds of London cancelled tanker insurance
Posted by Timeoday
Easter Island
Member since Aug 2020
22558 posts
Posted on 3/10/26 at 7:52 pm to
quote:

You realize that you won’t see it at the pump until that business gets a new fuel shipment with the lower prices. They aren’t going to take a loss on the fuel already in their tanks.




Some retailers do play the "price" game and it is always to the detriment of the customers. My people have been getting 10% more per gallon for over 3 generations because they offer superior service.

Yes, that's right, they own their stations.
Posted by Prominentwon
LSU, McNeese St. Fan
Member since Jan 2005
95010 posts
Posted on 3/10/26 at 8:01 pm to
I’ll go ahead and wait and see what the Krass brothers have to say about this before making judgement.
Posted by Diego Ricardo
Alabama
Member since Dec 2020
13141 posts
Posted on 3/10/26 at 8:03 pm to
quote:

$77/barrel - “something big is happening”


Yeah. Iranian mine laying boats are getting blasted out of the water.
Posted by Bass Tiger
Member since Oct 2014
55648 posts
Posted on 3/10/26 at 8:08 pm to
quote:

Let's see if the price at the pump falls as rapidly as it rose.

Nawwwww.


We have all wondered at some time why pump prices rise so fast and take 5x to drop, from Google AI.....,

quote:

Gasoline prices rise quickly due to immediate, panic-driven surges in wholesale costs and futures markets, while falling slowly because retailers delay lowering prices to recover lost margins and replenish inventory bought at higher costs. This "rockets and feathers" effect is driven by supply chain lags, fear of further price hikes, and competitive pricing strategies.
Convenience.org
Convenience.org
+2


This post was edited on 3/10/26 at 8:20 pm
Posted by TheBeezer
Texas
Member since Apr 2013
2182 posts
Posted on 3/10/26 at 8:09 pm to
If you believe Reuters, I got a bridge to sell you.
Posted by whereishobson
Member since Dec 2012
645 posts
Posted on 3/10/26 at 8:13 pm to
quote:

You realize that you won’t see it at the pump until that business gets a new fuel shipment with the lower prices. They aren’t going to take a loss on the fuel already in their tanks.

You realize you have no idea how gas pricing works?


I hate to break it to you, but that is exactly how it works.
Posted by gaetti15
AK
Member since Apr 2013
15266 posts
Posted on 3/10/26 at 8:20 pm to
quote:

I hate to break it to you, but that is exactly how it works.


Yeah shite even in rural AK where we had our fuel barged in only in the summer when the river was ice free reeked of this bullshite

Its like 3.10 at the has station by my house now in MS. They ain't lowering that shite below 2.50 again
This post was edited on 3/10/26 at 8:21 pm
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