WTI Oil at $109/$110 a barrel--Sun Evening

113,191 Views | 967 Replies | Last: 4 days ago by No Spin Ag
Logos Stick
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Old McDonald said:

flown-the-coop said:

HTownAg98 said:

rgag12 said:

The Kraken said:

Might see some of these at a gas pump near you



Etsy.com


Imitation is the sincerest form of flattery.

Liberals seriously have zero creative bones in their bodies

The imitation is the point.

But it's not funny. Not even a little, cause it's copy cat.

It's pretty weak and lacks thought, creativity. That's the point.

maga 2024: we need trump to save us from high gas prices and war with iran
maga 2026: actually i love high gas prices and war with iran



maga 2024: we need trump to save us from high inflation, worthless government jobs sucking tax payer dollars, NGOs, open borders, SPR depletion, EV mandates, giveaways to the welfare queens, military degradation, DEI, anti-whitism, student loan giveaways gas prices and Iran getting nuked up


FIFY
samurai_science
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This guy again


Logos Stick
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FlyRod said:

Chatter from oil folks I'm hearing is $156 by June. That's the summer floor (projected) not ceiling. Well this thread can and should stay alive just to check the numbers.



Do those oil folks have any stock tips?
The Ex Officio Director
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aggiehawg said:

Psycho Bunny said:

So are we still panicking about oil prices or can I step off the ledge. Asking F16 experts.

LOL. People who understand the oil industry just roll with punches. Much like the weather is Texas, just wait a few minutes, things will change.

I remember May of 2008 oil prices were at 127 dollars a barrel, everyone was dumping their gas guzzlers for gas friendly cars. Even remember hearing about police departments not having money to gas their cars. By February of 2009 price of oil was down to 41 dollars a barrel. Made some money off the market when I bought shares at 55 dollars. Should have waited just a few more days. Oh well, lesson learned, fun times back in those days.
Can't decide if I want to be cute & cuddly, or go blow some sh*t up.
Decisions decisions.
Houston Lee
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AG
So……will the gas stations that raised their prices this weekend now drop their prices?
flown-the-coop
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AG
Trump told CBS in phone interview this afternoon that we are weeks ahead of schedule in The Iran and they Strapes of Hondurez would be opened back up in short order.

The price of oil and the stock markets responded accordingly.
aggiehawg
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AG
Houston Lee said:

So……will the gas stations that raised their prices this weekend now drop their prices?

Depends on how often they receive their shipments and how competitive the nearby stations are. Gas stations compete on pricing constantly, unless in a rural area with little competition.
Squadron7
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AG
I want a President that can address a 47 year old conflict in the Middle East with a major state exporter of both terrorism and oil that sits astride the Straight of Hormuz without making oil markets jittery!
samurai_science
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aggiehawg said:

Houston Lee said:

So……will the gas stations that raised their prices this weekend now drop their prices?

Depends on how often they receive their shipments and how competitive the nearby stations are. Gas stations compete on pricing constantly, unless in a rural area with little competition.

Yep, and you kind of have two tiers of gas stations, the independents and the big chains we can call them.
Ag CPA
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AG
Looks like it's over.

aginlakeway
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FlyRod said:

Chatter from oil folks I'm hearing is $156 by June. That's the summer floor (projected) not ceiling. Well this thread can and should stay alive just to check the numbers.


Which oil folks? I'd like to know who knows stuff ...
One day at a time.
samurai_science
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aginlakeway said:

FlyRod said:

Chatter from oil folks I'm hearing is $156 by June. That's the summer floor (projected) not ceiling. Well this thread can and should stay alive just to check the numbers.


Which oil folks? I'd like to know who knows stuff ...

They are on BlueSky and Reddit.
backintexas2013
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AG
He heard chatter from the same people that the Covid vaccine was effective in stopping the spread.
superaggie73
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AG
backintexas2013 said:

He heard chatter from the same people that the Covid vaccine was effective in stopping the spread.


How are libs always so completely wrong about everything?
flown-the-coop
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AG
In fact the opposite is being said.
aggiehawg
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AG
Quote:

Yep, and you kind of have two tiers of gas stations, the independents and the big chains we can call them.

True.
No Spin Ag
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Ag CPA said:

Looks like it's over.




And like when that went up, it was a bit later (in that case, near decades) when things went back to the way they were.

Get my price per gallon back down from $3.49 that it is that down to $2.03 like it was a few weeks ago, and we can truly be "Mission Accomplished."

Here's to looking forward to seeing prices drop back down just as quickly as it went up, even at the same increments.
There are in fact two things, science and opinion; the former begets knowledge, the later ignorance. Hippocrates
TyHolden
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samurai_science said:

aginlakeway said:

FlyRod said:

Chatter from oil folks I'm hearing is $156 by June. That's the summer floor (projected) not ceiling. Well this thread can and should stay alive just to check the numbers.


Which oil folks? I'd like to know who knows stuff ...

They are on BlueSky and Reddit.

Everybody thinks FlyRod is either Rusty or his buddy. I don't have any idea. I'm sure Rusty is a regular on those 2 sites as well as Texags.
I saw that Rusty was on some Mexican beach the other day with his "bois".
I hope I did not offend anybody with this post. If I did, please come see me at my address in my profile so we can talk.
Ag87H2O
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AG
Houston Lee said:

HollywoodBQ said:

Good Bull! (right?)

All of this is temporary. This is all an overreaction.

Nailed it.

"This wroth man kept all his wits well set there was no one would say he was in debt so well he governed all his trade affairs with bargains and with borrowing and with shares" - The Canterbury Tales

The Kraken
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flown-the-coop said:

Trump told CBS in phone interview this afternoon that we are weeks ahead of schedule in The Iran and they Strapes of Hondurez would be opened back up in short order.

The price of oil and the stock markets responded accordingly.


Sounds kinky
flown-the-coop
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The Kraken said:

flown-the-coop said:

Trump told CBS in phone interview this afternoon that we are weeks ahead of schedule in The Iran and they Strapes of Hondurez would be opened back up in short order.

The price of oil and the stock markets responded accordingly.


Sounds kinky

It is. One you think it is a straps line but it's got a crook in it.

Maybe it should be the Great Peyronies of Horndoodz.
OutdoorAg
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FlyRod said:

Chatter from oil folks I'm hearing is $156 by June. That's the summer floor (projected) not ceiling. Well this thread can and should stay alive just to check the numbers.



Tommy Norris doesn't count.
aggiehawg
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AG
Quote:

Yep, and you kind of have two tiers of gas stations, the independents and the big chains we can call them.

Let's come back to this for a moment.

My late Dad was an oil company exec, big oil company worldwide. Back then, most big oil companies were very vertically integrated, from ground to pump. His main area of expertise was in pipelining worldwide. What are they running? Crude or product (gas, diesel or heating oil)? Then they would use trucks to deliver gas to their stations and a very small number of independents. Usually those indies were in smaller demand areas wherein it was not worth it for the company to build for their distribution system.

That type of system has changed considerably since then. The stations were separated out from the other core oil production parts of drilling, extracting and refining, meaning those could be sold. In the mid 70s Dad was in Saudi Arabia negotiating such a deal with Aramco. A part of that decision was the effects of the OPEC oil embargo and how much the company owned stations were losing in revenue at that time.
Squadron7
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Boomers were alive to see high gas prices in the early 80's and low in 1986. Even the embargo. And countless other minor swings. Sorry if we aren't filming meltdowns over this for TikTok.
aggiehawg
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Squadron7 said:

Boomers were alive to see high gas prices in the early 80's and low in 1986. Even the embargo. And countless other minor swings. Sorry if we aren't filming meltdowns over this for TikTok.

We just don't sweat the small stuff. We have lost loved ones, gone through s***, come out the back end and just keep going. Our parents went through a helluva lot more s*** and taught us how to be self reliant.

Why they would kick us out the door in the morning and we would not be back until right before dark. They trusted us. "What is the worst that can happen? A skinned knee? Broken bone? Road rash? Or just filthy dirty which we will hose off after we strip them in the backyard, hand them a towel and tell them to go get into the tub."

Parents could be very strict but also pretty unconcerned as well. "You'll live."
Sid Farkas
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samurai_science said:

This guy again




Yes. Consider the source. The Inverse Cramer bet beats even Pelosi...

Deerdude
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Yukon Cornelius said:

This maybe a dumb thought but I'm curious if it's worth it now to build a canal through that piece that sticks out. Would be further from Iran and you could set up defensive batteries etc.


That's my thoughts. Why not build a pipeline thru that peninsula in Oman I think, or UAE.
4
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AG
No supply issues
No demand issues

Logistical issues

If you thought these prices were going to hang around long, you don't understand O&G
TexasAggiesWin
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S
GIF of today's oil price action

samurai_science
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FlyRod said:

Chatter from oil folks I'm hearing is $156 by June. That's the summer floor (projected) not ceiling. Well this thread can and should stay alive just to check the numbers.

carl spacklers hat
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superaggie73 said:

backintexas2013 said:

He heard chatter from the same people that the Covid vaccine was effective in stopping the spread.


How are libs always so completely wrong about everything?

Because most of them are ******s.
People think I'm an idiot or something, because all I do is cut lawns for a living.
Tony Franklins Other Shoe
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AG
FlyRod said:

Chatter from oil folks I'm hearing is $156 by June. That's the summer floor (projected) not ceiling. Well this thread can and should stay alive just to check the numbers.


June of what year?

Person Not Capable of Pregnancy
aggiedata
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AG
FatZilla
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AG
WTI at $88 and falling like a brick
fc2112
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aggiedata said:



CNN still hasn't caught up. Their "Economic Catastrophe" story is still the lead.
 
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