Saturday, July 16, 2022

Snapshot: Gas Prices

 Gas prices slightly fell but at a cost.  Check out refinery capacity. 

Refineries somehow eeked out another one-percent, pushing the utilization to 95% of the last few weeks, exceeded the government's projecions of 94% for the summer. 

What does it mean? It means there is little room for error and no slack for shutdowns. If a refinery has an accident, closes for maintenance, expect the prices to go back up. 

The crack spread improved somewhat as well recently although it is still pretty high by historical standards.


Benjamin Dover said...

How many barrels did Pres. Joe Xiden send to China?

Krusatyr said...

The Permian Basin is a vast swath of West Texas and part of New Mexico with incredible, enduring oil and gas formations. So of course Biden and his anti-fossil fuel marxists at EPA want to kill it. How? By claiming its a threat to ozone.

They want to kill Air Conditioning, meat, milk non-E vehicles and fertilizer dependent agriculture next. Have you developed raw cuisine with Biden FDA insects/maggots/caterpillars yet?

BTW, I got AOC's lunch hangin'.

Anonymous said...

It's time to start living like the ants instead of the grasshoppers.

Anonymous said...

Joe does not have enough sense to plan or execute anything. Drill deeper (pun unintended).

Anonymous said...

Fuel prices will continue to slowly ease back down as election time nears. The Dems will tout the reductions while neglecting the fact that prices are still 50% above normal. The long con is the “rapid return” of Covid. To protect us look for mask requirements to return and the necessity of mail in and drop box voting.

Anonymous said...

Yes gas prices fell.

There’s no real
Negative to increased efficiency

This goddamn blog owner is such a troll

If every American got an apple pie and was relived of all debt the blog owner would purse her lips, grab her yorkie, and exclaim yea but we used a lot of apples and trees to make the pies and money.

Bitch stfu and go sit on a dick… need to get fucked.

Anonymous said...

6:34 - you hit the nail on the head sir. Even with these fuel prices and rampant inflation people are still running around playing like there is no tomorrow. Still crowding into restaurants. Everyone wants to hang onto their expensive status symbol transportation and build/buy houses they can't afford, but think they can. To paraphrase Dave Ramsey, the proper status symbol of choice is a paid off mortgage. I would add to that a well stocked freezer or two and a pantry in the same condition, a year round garden, good health due to regular exercise and nutrition, some appropriate firearms and plenty of ammunition, a whole house generator and plenty of fuel for it (I prefer propane as it never goes bad), a good stock of firewood, etc.

The reckoning isn't going to be pretty.

Anonymous said...

One thing is clearly shown. A very slight increase in refinery production can make a difference in the price of gas. Now if someone would just come up with an idea how to increase the amount of gas a refinery can produce.
Let me think about that for a minute or two.
I know this is a wild and crazy idea but I am just a wild and crazy guy.
How about we build a couple more refineries?

Anonymous said...

@7:21 - I agree with you. I check all the boxes to be prepared as conditions worsen. Which they assuredly will. Republicans own the coming disaster. Don't forget that when you vote.

Anonymous said...

I'm so glad my company lets me work 100% from home. It's been saving ma ton on gas costs and time.

Anonymous said...

@10:44 - sure, no problem. Got about $20 billion in loose change laying around? And then it will take about 5-7 years.

Anonymous said...

10:44 AM
It's a lot easier to get oil producers to invest in refineries when you don't say this during your campaign: Also helps to not shut down an oil pipe line day one.

Posters like 6:45AM always make me laugh because their transparent lack of business acumen.

Anonymous said...

12:53 PM It wasn't that long ago that people were trying to build refineries. they were willing to invest in one. The people running the country would not allow that to happen. Maybe that is one reason a business man was elected. None of the other politicians can look 5-7 years down the road.

It wasn't that long ago that a pipeline was being built. A politician put a stop to that on his first day in office.

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Trollfest '07 was such a success that Jackson Jambalaya will once again host Trollfest '09. Catch this great event which will leave NE Jackson & Fondren in flames. Othor Cain and his band, The Black Power Structure headline the night while Sonjay Poontang returns for an encore performance. Former Frank Melton bodyguard Marcus Wright makes his premier appearance at Trollfest singing "I'm a Sweet Transvestite" from "The Rocky Horror Picture Show." Kamikaze will sing his new hit, “How I sold out to da Man.” Robbie Bell again performs: “Mamas, don't let your babies grow up to be Bells” and “Any friend of Ed Peters is a friend of mine”. After the show, Ms. Bell will autograph copies of her mug shot photos. In a salute to “Dancing with the Stars”, Ms. Bell and Hinds County District Attorney Robert Smith will dance the Wango Tango.

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In the spirit of helping those who are less fortunate, Trollfest '09 adopts a cause for which a portion of the proceeds and donations will be donated: Keeping Frank Melton in his home. The “Keep Frank Melton From Being Homeless” booth will sell chances for five dollars to pin the tail on the jackass. John Reeves has graciously volunteered to be the jackass for this honorable excursion into saving Frank's ass. What's an ass between two friends after all? If Mr. Reeves is unable to um, perform, Speaker Billy McCoy has also volunteered as when the word “jackass” was mentioned he immediately ran as fast as he could to sign up.

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Jackson Jambalaya is the home of Trollfest '07. Catch this great event which promises to leave NE Jackson & Fondren in flames. Sonjay Poontang and his band headline the night with a special steel cage, no time limit "loser must leave town" bout between Alan Lange and "Big Cat"Donna Ladd following afterwards. Kamikaze will perform his new song F*** Bush, he's still a _____. Did I mention there was no referee? Dr. Heddy Matthias and Lori Gregory will face off in the undercard dueling with dangling participles and other um, devices. Robbie Bell will perform Her two latest songs: My Best Friends are in the Media and Mama's, Don't Let Your Babies Grow up to be George Bell. Sid Salter of The Clarion-Ledger will host "Pin the Tail on the Trial Lawyer", sponsored by State Farm.

There will be a hugging booth where in exchange for your young son, Frank Melton will give you a loooong hug. Trollfest will have a dunking booth where Muhammed the terrorist will curse you to Allah as you try to hit a target that will drop him into a vat of pig grease. However, in the true spirit of Separate But Equal, Don Imus and someone from NE Jackson will also sit in the dunking booth for an equal amount of time. Tom Head will give a reading for two hours on why he can't figure out who the hell he is. Cliff Cargill will give lessons with his .80 caliber desert eagle, using Frank Melton photos as targets. Tackleberry will be on hand for an autograph session. KIM Waaaaaade will be passing out free titles and deeds to crackhouses formerly owned by The Wood Street Players.

If you get tired come relax at the Fox News Tent. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both will entitle you to free drinks.Get your tickets now. Since this is an event for trolls, no ID is required, just bring the hate. Bring the family, Trollfest '07 is for EVERYONE!!!

This is definitely a Beaver production.

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