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re: Oil just hit $88 per barrel....

Posted on 4/14/26 at 4:43 pm to
Posted by dgnx6
Member since Feb 2006
89664 posts
Posted on 4/14/26 at 4:43 pm to
Most anti trump folks that post here don't know jack shite.


Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
97812 posts
Posted on 4/14/26 at 4:44 pm to
quote:

It's $94.89 a barrel. Up nearly $30 a barrel in the last 60 days


Greenchilitard folks
Posted by Azkiger
Member since Nov 2016
28010 posts
Posted on 4/14/26 at 5:01 pm to
quote:

Is that down to $88 or up to $88?


Down to.

You going to melt over a downward gas price trend?
Posted by CitizenK
BR
Member since Aug 2019
15631 posts
Posted on 4/14/26 at 5:06 pm to
quote:

Just NYMEX CLW00.


Another widget which isn't actually oil
Posted by RollTide4Ever
Nashville
Member since Nov 2006
20081 posts
Posted on 4/14/26 at 5:13 pm to
Peeps talk about oil but forget about the ferrilizer.
Posted by deltaland
Member since Mar 2011
102558 posts
Posted on 4/14/26 at 5:27 pm to
quote:

Mars, a platform off LA, is at $125.


This is not a global benchmark for oil commonly used for gasoline and diesel

Mars is medium sour crude and is currently so expensive because it is being sought as an alternative to the Iran heavy crude that is used a lot by China for asphalt and fuel oils. Mars only produces about 90,000 barrels a day
Posted by jeffsdad
Member since Mar 2007
24836 posts
Posted on 4/14/26 at 6:01 pm to
when did this aubie idiot surface. never noticed him or just noticed he was an idiot and ignored his postings?
Posted by timdonaghyswhistle
Member since Jul 2018
20998 posts
Posted on 4/14/26 at 6:02 pm to
I've made a killing off of buying these dips.

Please don't throw me in the briar patch again!
Posted by CitizenK
BR
Member since Aug 2019
15631 posts
Posted on 4/14/26 at 9:26 pm to
quote:

This is not a global benchmark for oil commonly used for gasoline and diesel


Marathon Garyville, LA LOVES it for its gasoline machine of a refinery. Now tell me again that you know little about refining. Garyville is a heavy high sulfur crude refinery configuration. Mars has high residuals (asphaltenes) content thus can supply a refinery built for heavy and very heavy crude oil.
This post was edited on 4/14/26 at 9:29 pm
Posted by CastleBravo
Rapid City, SD
Member since Sep 2013
1792 posts
Posted on 4/14/26 at 9:38 pm to
Oil prices never even hit the "abolish oil" highs of Biden's presidency.
Posted by Icansee4miles
Trolling the Tickfaw
Member since Jan 2007
32236 posts
Posted on 4/14/26 at 9:46 pm to
Good thing some of these self proclaimed crude experts aren’t working in a refinery
Posted by WicKed WayZ
Louisiana Forever
Member since Sep 2011
34158 posts
Posted on 4/14/26 at 9:50 pm to
quote:

things should trend back towards normal over the next couple months


I’m willing to wager that gas won’t be sub $3 until Christmas
Posted by tigersbb
Member since Oct 2012
12932 posts
Posted on 4/14/26 at 10:02 pm to
quote:

Down to.

You going to melt over a downward gas price trend?


No, I am elated. I have not kept up with oil prices and asked a legit question, hoping it was downward. That is good for Trump and the GOP.
Posted by ApexTiger
cary nc
Member since Oct 2003
56537 posts
Posted on 4/15/26 at 4:27 am to
quote:

I’m willing to wager that gas won’t be sub $3 until Christmas


How much are you willing to wager?
Posted by CitizenK
BR
Member since Aug 2019
15631 posts
Posted on 4/15/26 at 4:31 am to
quote:

Good thing some of these self proclaimed crude experts aren’t working in a refinery


The vast majority don't, including "oil men". For an example an older friend who had ownership in wells around the world only knew how much he was paid. He had zero clue that assays made a difference into which blended oil cocktail and which refinery his crude oil was suited for. He did pretty well living only in luxury hotels since the 1960's. He lived in the Savoy in London most of the 1970's putting together deals for North Sea fields. HIs share being 5% without putting up any money. When he did put up money he never owned more than 15% in a field.
Posted by jbdawgs03
Athens
Member since Oct 2017
13806 posts
Posted on 4/15/26 at 6:16 am to
lol
Posted by texas tortilla
houston
Member since Dec 2015
4562 posts
Posted on 4/15/26 at 7:02 am to
Loading Twitter/X Embed...
If tweet fails to load, click here.
i wonder how much actual oil there is for all the paper contracts that's driving down the price of oil? i know that the price of gold has been controlled by paper contracts where there is no physical gold/silver to back the contract if one wanted to take delivery.
This post was edited on 4/15/26 at 7:04 am
Posted by slackster
Houston
Member since Mar 2009
91837 posts
Posted on 4/15/26 at 7:03 am to
quote:

Slackster is in shambles


Am I?

You prayed for ground invasion daily and I’m the one in shambles?
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