WTI CRUDE

[FastLane]

I am sure someday they will fall again.

Maybe in two months, more likely in 6 to 9 months, if somehow the war is able to find an end.

I am willing to bet on 2 months how about you?

 

[Jarod]

I am willing to bet on 2 months how about you?

No, I have no idea when, but it will come down. I’m fairly confident the price of Gas will not be to pre-war prices in two months.

 

[Lionfish]

No, I have no idea when, but it will come down. I’m fairly confident the price of Gas will not be to pre-war prices in two months.

You told us gas stations were closed, and you don't need gasoline.

BTW, even with the fact that there is no fuel, eggs are still $1.59/dz

 

[Jarod]

You told us gas stations were closed, and you don't need gasoline.

BTW, even with the fact that there is no fuel, eggs are still $1.59/dz

I never said gas stations were closed, I said there were two gas stations that did not have any gas. They were actually still open, selling oil and convenience items. I still don’t understand what your point is.

Run away now.

 

[Steinbeck]

Sour crude requires coking to refine into diesel or gasoline. Refineries that can handle sour crude require special metallurgy to avoid corrosion from the sulfur in sour crude.

Yep. Same with pipelines that carry it. Some fields have 'skimming' plants to reduce some of the acidity, or used to.

 

[Phantasmal]

I never said gas stations were closed, I said there were two gas stations that did not have any gas. They were actually still open, selling oil and convenience items. I still don’t understand what your point is.

On our recent trip to New Mexico, there were two stations that had no gas.

 

[Jarod]

On our recent trip to New Mexico, there were two stations that had no gas.

They’re gonna start screaming about you being a liar. They hate firsthand accounts.

The same people who believe every word the PP has ever said.

 

[FastLane]

I never said gas stations were closed, I said there were two gas stations that did not have any gas. They were actually still open, selling oil and convenience items. I still don’t understand what your point is.

Run away now.

I think you were lying again.

 

[FastLane]

No, I have no idea when, but it will come down. I’m fairly confident the price of Gas will not be to pre-war prices in two months.

But you said more likely 6-9 months why are you afraid to wager? Now you are moving goal posts

 

[FastLane]

On our recent trip to New Mexico, there were two stations that had no gas.

Did you go to two in a row that had no gas are were they just random stations that had no gas. And were they out of a grade of gas or were totally out of all grades of gas.

 

[Uncensored2008]

Obviously not. But enough that the gulf was named for it.

Funny, 100% of the gulf resides in America.

And if you oppose changing names so deeply, why not still call it the Gulf of New Spain, as it was for hundreds of years?

 

[Uncensored2008]

All of the Gulf of America is in America.

Bingo - 100% of it is.

Not because they are in such awe of Mexico's own Hitler, Antonio de Padua María Severino López de Santa Anna y Pérez de Lebrón, the megalomaniac who changed the name from the Gulf of New Spain.

Or maybe it is? democrats do LOVE LOVE LOVE brutal dictators, after all.

 

[Jarod]

But you said more likely 6-9 months why are you afraid to wager? Now you are moving goal posts

I wont wager because I think the Oil price per barrel might come down, but I am iffy on that.

Ill bet on gas prices, will you?

 

[FastLane]

I wont wager because I think the Oil price per barrel might come down, but I am iffy on that.

Ill bet on gas prices, will you?

Yes

 

[Into the Night]

Yes it is. I was replying to your comment "So the entire gulf resides in Mexico then?"

It doesn't, and I never made any such comment.

 

[Into the Night]

They don't typically use sour crude to make diesel because of the sulfur in sour crude.

Yes they do. Part of the process is removing the sulfur. It is sold off as an industrial chemical.

On road use diesel is limited to 15 PPM. It is more expensive to refine diesel from sour crude than it is to refine it from sweet crude.

Not really. It is the same refinery.

Any refinery capable of handling sour crude can make pretty sweet diesel fuel. The gasoline produced is likewise sweet.
The sulfur is removed before fractioning.

 

[Into the Night]

Sure he does.

That is true. It will be updated in the next charting cycle (typically 6 months or less).

 

[Into the Night]

Under what authority?

President of the United States, as authorized under Title II of the Constitution of the United States. The charting services were authorized by Congress IAW Title I of the Constitution of the United States, and placed under the authority of the President by that same Congress.

Now go back to cleaning the floors.

 

[Into the Night]

Oil prices will fall again. Would you like to make a wager. I predict oil prices in 2 months will be lower than they are today. What do you think?

I think that may be a bit aggressive. I would think fuel prices will fall again when we go back to winter mix, which is cheaper to produce. Iran will be out of time by then as well. They are running out of places to store the oil they are pumping. Closing a full well isn't a simple thing. Further, their economy has collapsed to shit, since it is mostly oil based.

 

[Into the Night]

The same authority that originally named them.

Trump isn't Spanish, and Spain isn't even in the Americas. They also have no authority to designate anything on US charts.

So now the question becomes: What authority does Spain have to name a gulf in the Americas?

Hint: America is named after Amerigo Vespucci, an Italian navigator.