Back in the 70s when we had the “oil shortage” I had a friend who worked for
BATX (I think it was called), company that owned a lot of tank cars and storage
facilities and such. He told me they had zero capacity to store or move any
more oil or refined products as all their tanks and tank cars
The oil business is running out of places to hide the excess. A bunch of
refiners are closed or burnt down, so the flow to process it ain’t what it used
to be. Toss in 10% corn ethyl, so less processing need. Electric cars need no
oil. Pretty soon there will be no more empty oil cars, as
The hurricanes also took out a lot of the petro distribution and storage
infrastructure too. For example, our FL panhandle petro came by barge. So
we were shut down until docks rebuilt and intercoastal waterway restored.
-Original Message-
From: Mercedes On Behalf Of Floyd Thursby via
Look what happened after the hurkins down Tejas and Weezeeanna ways
--FT
On 3/11/20 12:07 PM, Curley McLain via Mercedes wrote:
What would happen if someone took out 2 refineries?
--
--FT
___
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Now if we could just find a source of helium…
The Saudis are really trying to slap Pootie’s bag. They’re clearly quite
unhappy. Their economy is not in that great of shape, so dumping oil isn’t
going to help.
-D
> On Mar 11, 2020, at 12:07 PM, Curley McLain via Mercedes
> wrote:
>
> we've
There are plans in Congress to buy now for the SPR.
On Wed, Mar 11, 2020 at 12:08 PM Curley McLain via Mercedes <
mercedes@okiebenz.com> wrote:
> we've been over the saud clan for over a year.
>
> Why: to be able to stabilize the market.
> Why: We stockpile every other component of national
we've been over the saud clan for over a year.
Why: to be able to stabilize the market.
Why: We stockpile every other component of national defense. Hitler
ran out of fuel. Patton ran out of fuel. having fuel reserves is a
national defense issue. This is the first time I had heard the
Why, when we’re allegedly the world’s largest producer now? At least that what
they were saying in the media this weekend when discussing the Pootie/Saudi
spat.
I knew we were up there, but I didn’t think we had surpassed the output of the
Saudis.
-D
> On Mar 11, 2020, at 11:52 AM, Curley
in a sane world, the feds would be buying petroleum to save for the next
rainy day.
instead the gress of cons stick their fingers in the cookie jar again.
Andrew Strasfogel via Mercedes wrote on 3/11/20 10:36 AM:
The Department of Energy this morning postponed its upcoming sale of crude
among woohoofloos and the little spat between the new Saud strong boy
and Pootie and the cable "news" channels, our stock market is in gyrations
--FT
On 3/11/20 11:38 AM, Dan Penoff via Mercedes wrote:
No surprise, as the Saudis just dropped their shorts again to beat up on Russia.
Cheap
No surprise, as the Saudis just dropped their shorts again to beat up on Russia.
Cheap benzine for everyone!
-D
> On Mar 11, 2020, at 11:36 AM, Andrew Strasfogel via Mercedes
> wrote:
>
> The Department of Energy this morning postponed its upcoming sale of crude
> oil from the nation's
The Department of Energy this morning postponed its upcoming sale of crude
oil from the nation's Strategic Petroleum Reserve following a historic dip
in oil prices that has roiled world markets.
The move halts the sale of some 12 million barrels of crude from three of
the reserve's locations
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