September 29, 20223 yr This is how Global Warming is going to pay off! Keep those cars idling in your driveways fellas! Do your part!
September 30, 20223 yr Reports are over 100 dead, mainly Hazaras. Edited September 30, 20223 yr by Schulz2.0
September 30, 20223 yr 9 hours ago, atomheartbevo said: Doesn't matter. They have no resources America covets.
October 2, 20223 yr 23 hours ago, Schulz2.0 said: I think Greenspoint has a higher net worth than Burkina Faso.
October 4, 20223 yr Good job for the month. I’ve seen 15-20% as the amount needed to cut. Getting there. The flip side is it has required such big industrial cuts. Good for the US. If we’re willing to pull out the gas, we can have a mini industrial boom with these companies looking for new homes.
October 4, 20223 yr 10 minutes ago, Humble Beast said: . If we’re willing to pull out the gas, we can have a mini industrial boom with these companies looking for new homes. Pax Americana, Baby!
October 4, 20223 yr 12 minutes ago, Parliament said: Pax Americana, Baby! We just have to want to do it. We are an energy superpower. Also, while we’re at it let’s pull out more gas to use for all this green energy supply chain stuff. Instead of willingly walking into China’s embrace. Stupid.
October 5, 20223 yr I’ll put this here as well as inflation thread because this seems like a pretty hostile act that could raise the temperature in a few ways. Obviously OPEC+ members upset about the talk of price caps. Probably don’t like our SPR dumps. Russia of course loves it. Prices should go up substantially.
October 5, 20223 yr A lot happening in oil and gas. This is such a terrible idea. This letter pretty clearly explains why. Will lead to more shortages and tension with allies.
October 7, 20223 yr 2 minutes ago, Humble Beast said: Should have made the decision early to refuel their nuclear reactors and keep them running.
October 11, 20223 yr There was a few places you could put this. It kind of strikes at the heart of the global financial order, but I’ll put it here.
October 11, 20223 yr 4 minutes ago, BabaYaga said: Pucker up and get ready for spiking gas prices Not unless something happens. I know some of you guys need your doom porn though.
October 11, 20223 yr 20 minutes ago, Schulz2.0 said: Not unless something happens. I know some of you guys need your doom porn though. OPEC cutting production + a large number of domestic refineries amidst maintenance/repairs/disruption + inability to tap the SPR at the rate done prior = higher gas prices.
October 11, 20223 yr 19 minutes ago, Schulz2.0 said: Not unless something happens. I know some of you guys need your doom porn though. “Something”
October 11, 20223 yr 2 minutes ago, BabaYaga said: OPEC cutting production + a large number of domestic refineries amidst maintenance/repairs/disruption + inability to tap the SPR at the rate done prior = higher gas prices. I literally work in refining.
October 11, 20223 yr 1 minute ago, Schulz2.0 said: I literally work in refining. So are you saying gas prices are stabilizing or will go down?
October 11, 20223 yr 1 hour ago, BabaYaga said: OPEC cutting production + a large number of domestic refineries amidst maintenance/repairs/disruption + inability to tap the SPR at the rate done prior = higher gas prices. OPEC's 2 million bpd cut was actually more like 900,000 bpd. They already weren't meeting their production quotas. This cut was to the production quota not actual output. Gas settled out at about 10 cents higher than it had been after that cut and the fire at the Toledo Husky refinery.
October 11, 20223 yr 59 minutes ago, Schulz2.0 said: OPEC's 2 million bpd cut was actually more like 900,000 bpd. They already weren't meeting their production quotas. This cut was to the production quota not actual output. Gas settled out at about 10 cents higher than it had been after that cut and the fire at the Toledo Husky refinery. They are a cartel. They are addicted to triple digit prices/barrel and want to maintain these price controls. Either way, it's hard to see how this doesn't elevate prices here at the pump.
October 11, 20223 yr 1 hour ago, Schulz2.0 said: OPEC's 2 million bpd cut was actually more like 900,000 bpd. They already weren't meeting their production quotas. This cut was to the production quota not actual output. Gas settled out at about 10 cents higher than it had been after that cut and the fire at the Toledo Husky refinery. 2 hours ago, Schulz2.0 said: I literally work in refining. Any thoughts on the potential gas export ban that has been floated as possibility?
October 11, 20223 yr 4 minutes ago, Humble Beast said: Any thoughts on the potential gas export ban that has been floated as possibility? It's a potential option. I don't think it's that good of an option.
October 11, 20223 yr 4 minutes ago, Schulz2.0 said: It's a potential option. I don't think it's that good of an option. Agreed. But if you use short term thinking it sounds good which makes me think we’re going to do it.
October 12, 20223 yr Been watching Tigray for a bit now. That one was not going to die down and is going to get nasty again. I still am watching Sudan to make a move.
October 12, 20223 yr Streamlining German ops. Looking at how to structurally adjust main German site. Also, These sanctions have reliably led to higher costs/tighter supplies for the sanctioned goods. We’ll see whether Russia makes up for the volume loss with higher prices like has happened to an extent with oil and gas.
October 12, 20223 yr 21 minutes ago, Humble Beast said: Streamlining German ops. Looking at how to structurally adjust main German site. Also, These sanctions have reliably led to higher costs/tighter supplies for the sanctioned goods. We’ll see whether Russia makes up for the volume loss with higher prices like has happened to an extent with oil and gas. A lot of industrial production in Europe is going to move to the US soon.
October 13, 20223 yr If they stop importing aluminum, will beer be packaged in capri sun pouches? I kid. But banning Russian aluminum is going to cause problems for construction. Talking to my subcontractors, glass and aluminum prices have already gone up 40% this year. This is going to make construction costs even higher.
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