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re: If the Strait is Open, Why is Diesel at Record Highs?
Posted on 10/6/26 at 1:33 pm to RFK
Posted on 10/6/26 at 1:33 pm to RFK
quote:
I disagree with this.
That's the hard hitting rebuttals toward people that do that stuff for a living by people who are actually clueless about the subject that I love about this place.
Posted on 10/6/26 at 1:39 pm to RFK
It's about refining capacity, not crude availability.
Posted on 10/6/26 at 1:40 pm to UptownJoeBrown
quote:
Ukraine attacking Russian refineries
that war is the excuse for everything. BS.
Posted on 10/6/26 at 1:42 pm to RFK
Because oil is bought on the futures market. If you’re buying oil at 100 dollars a barrel and the price per barrel drops to 70 dollars, you still have to sell through all of the oil you purchased at a higher price. It takes time to unload the inventory,
Posted on 10/6/26 at 1:42 pm to djsdawg
quote:
What should we take from that?
Nothing if you have plenty of money and don't care about fuel prices.
Posted on 10/6/26 at 1:48 pm to dgnx6
quote:
Ukrainian attacks on Russian facilities
Trump was supposed to stop this on day one remember? Whatever happened there?
Posted on 10/6/26 at 1:48 pm to ronricks
quote:
Trump was supposed to stop this on day one remember? Whatever happened there?
That was differenT
Posted on 10/6/26 at 1:53 pm to UptownJoeBrown
quote:
Ukraine attacking Russian refineries
Is this Trump's version of "Putin's price hike"?
Trump's inability to rein in midget Zelenskyy is only rivaled by his total failure to rein in midget Fauci.
Posted on 10/6/26 at 1:54 pm to UptownJoeBrown
2. Not enough refining capacity in the USA because of climate change believers
How much foreign diesel do we rely on then? My understanding was that we are a net exporter of diesel. So our refineries are selling it at a much higher rate to overseas buyers correct? So including shipping costs and port fees etc etc, it's still more profitable for our refineries to send it elsewhere. I mean I can't fault them for this but damn it would be nice to take care of our own first sometimes.
How much foreign diesel do we rely on then? My understanding was that we are a net exporter of diesel. So our refineries are selling it at a much higher rate to overseas buyers correct? So including shipping costs and port fees etc etc, it's still more profitable for our refineries to send it elsewhere. I mean I can't fault them for this but damn it would be nice to take care of our own first sometimes.
Posted on 10/6/26 at 1:56 pm to ronricks
It is being used as the excuse, even though the conflict has been going on for 4.5 years. Iran is obviously not helping. But, you make a good point, DJT was going to solve Ukraine/Russia in 24 hours and he should be able to rein in the midget. I think Rat Boy at CIA is undermining him and encouraging Z. They met in Dublin a few weeks ago.
Posted on 10/6/26 at 1:56 pm to RFK
Don't care. EV. And my electricity is still cheap. Get you an EV.
Posted on 10/6/26 at 1:57 pm to ronricks
quote:
Trump's inability to rein in midget Zelenskyy is only rivaled by his total failure to rein in midget Fauci.
Leftists one day: "Trump is Putin's puppet!!"
Leftists the next day: "Trump won't capitulate to Putin and force Ukraine to totally surrender everything!!!"
Posted on 10/6/26 at 1:59 pm to CleverUserName
quote:
CleverUserName
Trump is the one who said he would end it day one. Dont get mad when he’s called out for his own words.
Posted on 10/6/26 at 1:59 pm to BeeFense5
quote:
Trump is the one who said he would end it day one. Dont get mad when he’s called out for his own words.
You simpleton.
Posted on 10/6/26 at 2:11 pm to BeeFense5
I guess he underestimated The Euros' appetite for war and self-destruction.
Posted on 10/6/26 at 2:11 pm to CleverUserName
quote:
Leftists one day: "Trump is Putin's puppet!!"
Leftists the next day: "Trump won't capitulate to Putin and force Ukraine to totally surrender everything!!!"
So, you are going with "Zelenskyy's price hike"?
Do you understand how god damn dumb it was for Trump to say he would 'solve' the Ukraine-Russia War on day one and on top of that get bent out of shape when people mention that? Lets also remember that Iran was supposed to last "two weeks" just like "two weeks" to slow the spread turned into five months. Do you see a pattern here with Trump? I do.
Posted on 10/6/26 at 2:14 pm to ronricks
quote:
Do you understand how god damn dumb it was for Trump to say he would 'solve' the Ukraine-Russia War on day one and on top of that get bent out of shape when people mention that? Lets also remember that Iran was supposed to last "two weeks" just like "two weeks" to slow the spread turned into five months. Do you see a pattern here with Trump? I do.
Yes, but he makes the librulz upset and that’s all that matters
Posted on 10/6/26 at 2:18 pm to RFK
well it used to be because of the war in Iran but, now it apparently is because ukraine is bombing russia refineries. who knows. next week.......it might be because americans are using more now than the likes have ever been seen.
frick it. i give up trying to follow this shite.
frick it. i give up trying to follow this shite.
Posted on 10/6/26 at 2:18 pm to RFK
quote:
The war has been ongoing for 5 years.
Ukraine just started really hammering the Russian refineries and such in the past 6 months.
Posted on 10/6/26 at 2:19 pm to RFK
CNBC had an expert on discussing this. In addition to the refining issues, the actual oil being moved out of the strait is experiencing much higher shipping costs. Instead of a single ship moving the oil out, there are multiple ship to ship transfers occurring to get it out. This has increased the cost of shipping up to 5x.
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