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Started By
Message
re: Oh No War Bros, Qatar Warns ALL Oil Production In The Gulf May Stop
Posted on 3/7/26 at 1:42 am to AlterEd
Posted on 3/7/26 at 1:42 am to AlterEd
quote:
The US is now the global leader in production and exports.
Yeah, well, about those exports...do you have any idea what's happened to global shipping costs on shipping from the U.S? Tripled. I'm in West Africa. Shipping from Europe is still the same. Containers from the US have jumped from $6,000 to $18,000. Companies have tacked on a "wartime surcharge", even though those ships are just coming across the Atlantic and not anywhere remotely close to the Persian Gulf or even the Med.
Care to explain how that makes American exporters more competitive against European or South American exporters?
I just bought a whole ribeye that was imported from Brazil that I got at the local grocery. It was awesome. Why don't they get US imports? You think having tripled shipping costs is going to help US producers be more competitive and more profitable?
1
Posted on 3/7/26 at 2:58 am to BamaGradinTn
quote:
Care to explain how that makes American exporters more competitive against European or South American exporters?
No, I don't care to, nor do I need to as that isn't my point. If the Gulf States don't like us finishing this bullshite these bastards started 47 years ago and want to cut off Gulf oil exports, it will suck, but the United States will come out on top in that scenario.
So, go ahead.
It doesn't matter what the costs are. The US has the supply. If the Gulf States stop exporting, the US can set the price.
This post was edited on 3/7/26 at 3:04 am
Posted on 3/7/26 at 3:41 am to AlterEd
quote:
It doesn't matter what the costs are.
Market fundamentals with AlterEd
Posted on 3/7/26 at 3:53 am to AlterEd
quote:
No, I don't care to, nor do I need to as that isn't my point.
You don't care to, because you can't. You made the statement that the U.S. is the global leader in exports. I just presented evidence in one area where what you said is false. In fact, it was already false, as imports from the US in grocery stores here are far out numbered by those from Europe and Turkey. Tripling shipping costs only exacerbates that,
quote:
If the Gulf States don't like us finishing this bullshite these bastards started 47 years ago and want to cut off Gulf oil exports, it will suck, but the United States will come out on top in that scenario.
Were did I mention oil??? What do the Gulf states have to do with nations in this region importing quality beef from Brazil instead of the U.S., cheese and butter from Europe instead of the U.S., and wine from South Africa instead of the U.S? Miami is just as close to Dakar as CapeTown is.
Go spend six months in another part of the world, like here. Then you can come back and speak intelligently about this topic.
This post was edited on 3/7/26 at 3:55 am
Posted on 3/7/26 at 4:11 am to LuckyTiger
Get some cream for your vag pussy
Posted on 3/7/26 at 4:26 am to LuckyTiger
So, we should conduct foreign policy based on the potential reaction it might elicit from the sorriest bastardd on the planet?
PS - If this is true (?), then those countries have been lying to us with regards to what side they are really on. I personally don't think they've been lying.
PS - If this is true (?), then those countries have been lying to us with regards to what side they are really on. I personally don't think they've been lying.
Posted on 3/7/26 at 4:35 am to LuckyTiger
Bomb the frick out of him.
Posted on 3/7/26 at 5:04 am to OMLandshark
If she's geology im ignoring her.
Bless their heart they always lost
Bless their heart they always lost
Posted on 3/7/26 at 5:13 am to LuckyTiger
lmao
TDS is eating you up
TDS is eating you up
Posted on 3/7/26 at 5:41 am to LuckyTiger
This is the reason Trump has lifted some sanctions against buying Russian oil, allowing India to buy Russian oil.
Countries will now have to seek oil from alternative sources other than that which flows thru Hormuz.
Drill, baby drill sound familiar?
Countries will now have to seek oil from alternative sources other than that which flows thru Hormuz.
Drill, baby drill sound familiar?
Posted on 3/7/26 at 6:06 am to LuckyTiger
Simple facts: Oil is a commodity.
If not being sold then Qater money dries up.
This actually really hurts China and Russia more then USA.
If not being sold then Qater money dries up.
This actually really hurts China and Russia more then USA.
Posted on 3/7/26 at 6:14 am to LuckyTiger
quote:can I make that bet with him
Projection is $150 - $200 a barrel in a week.
Posted on 3/7/26 at 6:18 am to SDVTiger
quote:
Turn it off and clip Qatar
We got Venezula heavy crude
If you were smart, you'd know that Arab Medium and Venezuela crudes are very, very different.
Posted on 3/7/26 at 6:23 am to KCT
quote:
PS - If this is true (?), then those countries have been lying to us with regards to what side they are really on. I personally don't think they've been lying.
Posted on 3/7/26 at 6:26 am to LuckyTiger
My God what a bunch of fricking pussies
A lot of you people are not cut out for making America great again
A lot of you people are not cut out for making America great again
Posted on 3/7/26 at 6:52 am to OMLandshark
quote:
My wife could explain it to me (she’s in oil) but it’s a far more difficult refining process than say Texas, Canada, or Saudi Arabia oil.
I am not in oil but know enough that oil is different between regions which is why it is graded like sweet, sour, and heavy crudes.
Most refineries will blend Louisiana sweet with a heavy crude to make it easier to process. It is the reason why we were still importing some oil from the Middle East, you take their heavy crude and blend it with the lighter Texas and Louisiana crudes to make oil products.
Another reality to think about in pricing while shipping is being impacted now, most tankers headed for the US take several weeks if not months to round the tip of Africa headed for the Gulf of America and LOOP.
Last week, LOOP did have an oil spill with one of its offloading systems last week. I wonder if repairing it may take some import capacity down a bit until it is fully operational, but no telling how much oil they have in their tanks and underground storage in Galliano.
LOOP has been real quiet on this and not much has been made on this as the spill is minor compared to the BP spill. I remember just months before hurricane Katrina, FX aired a docudrama (fear porn) about a series of events that would cause oil prices to skyrocket. First domino was a hurricane to take out LOOP and Port Fourchon.
Posted on 3/7/26 at 6:53 am to LuckyTiger
There is a thought that if instead of running to spread news immediately you hold off on a bit so you don’t come off as rather irrational. You may want to consider trying that.
Posted on 3/7/26 at 6:54 am to Nosevens
quote:
There is a thought that if instead of running to spread news immediately you hold off on a bit so you don’t come off as rather irrational. You may want to consider trying that.
My god
Posted on 3/7/26 at 7:10 am to OMLandshark
quote:
Venezuela’s crude is much different than crude oil from other places. My wife could explain it to me (she’s in oil) but it’s a far more difficult refining process than say Texas, Canada, or Saudi Arabia oil.
Texas has several billion barrels of that heavy crude known as the San Miguel Tar Sand. 7 - 11 billion barrels in Maverick County awaits exploitation.
The trucking would be immense due to the lack of pipelines.
Posted on 3/7/26 at 8:30 am to LuckyTiger
quote:
Such an event, if a soon to be reality, will send the world economy into depression. Inflation would skyrocket. Some national economies would collapse.
Come on now
Even if oil hits that level, I don’t see it staying there for more than 2 weeks, It makes no sense considering Iran cannot enforce closure of the strait of Hormuz
Our navy will clear it out and make it safe and everything will return to normal
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