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re: How to play oil under Trump

Posted on 1/21/25 at 3:50 pm to
Posted by Bass Tiger
Member since Oct 2014
53905 posts
Posted on 1/21/25 at 3:50 pm to
quote:

What’s the play?


Lower energy prices could in theory lower core inflation. Lower energy prices would likely hurt the Russian and Iranian economies too.

I don't think most domestic energy producers want oil much below $65/barrel.
Posted by back9Tiger
Island Coconut Salesman
Member since Nov 2005
17645 posts
Posted on 1/21/25 at 3:53 pm to
Correct in that, we have to loosen up on regulations to allow for new refineries to handle additional production. We should not be importing a drop of oil unless it is to take away from other countries reserves for them to rely on the US in the future

Oil companies now focus on returns and maximizing production with the plays they have.
Posted by SlidellCajun
Slidell la
Member since May 2019
16058 posts
Posted on 1/21/25 at 4:11 pm to
quote:

don't know hardly anything about downstream operations, but those that do have said that we import heavier oil because that's the stuff our major refineries are built to handle. We export the lighter stuff that we produce in places like Permian.


Yeah

When it comes to energy independence, it’s a misnomer.

Our refineries are geared to refine imported oil.

Sure, We produce more than we use but we can’t refine all of it.
Posted by GumboPot
Member since Mar 2009
138911 posts
Posted on 1/21/25 at 4:14 pm to
quote:

How to play oil under Trump


Buy a tank farm. There is a refinery bottleneck so when production increases under Trump storage space will become a premium.
Posted by PaperTiger
Ruston, LA
Member since Feb 2015
26336 posts
Posted on 1/21/25 at 4:14 pm to
BillyBob wants its at $78 a barrel
Posted by Samso
nyc
Member since Jun 2013
5037 posts
Posted on 1/21/25 at 4:15 pm to
Venture Global when it IPOs.

Will be 2nd largest LNG player next to Cheniere
Posted by Nado Jenkins83
Land of the Free
Member since Nov 2012
65241 posts
Posted on 1/21/25 at 4:25 pm to
Because our oil isn't best for gasoline


We need Canada for that. But we can sell our to all markets.
Posted by SlidellCajun
Slidell la
Member since May 2019
16058 posts
Posted on 1/21/25 at 7:24 pm to
I’m watching that one

Visited the facility down river and it’s staggering

Posted by ItTakesAThief
Scottsdale, Arizona
Member since Dec 2009
10341 posts
Posted on 1/21/25 at 7:27 pm to
The tech industry is retrofitting nuclear power plants.

Seems that is the future to power AI.
Posted by MrMojoRisin
Parts unknown
Member since May 2014
8082 posts
Posted on 1/21/25 at 7:55 pm to
quote:

Buy a tank farm. There is a refinery bottleneck so when production increases under Trump storage space will become a premium.


If I had the cash, I would. Storage already near a premium.

But with my luck, 6 more refineries would begin construction and become operational in record speed as soon as I did.
This post was edited on 1/21/25 at 7:58 pm
Posted by Gee Grenouille
Bogalusa
Member since Jul 2018
7584 posts
Posted on 1/21/25 at 7:58 pm to
Don’t buy BP that’s all I know
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