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Posted
16 minutes ago, Tigerbomb13 said:

Randy Smith laughs at the Art of the Deal

I didn't like the part were every day at 4pm all US citizens have to do an air kiss to Iran and profess their love and respect for the Islamic Revolution.   

Posted
21 hours ago, oblong said:

The 25th and impeachment/removal will never happen.  Never. You need Republicans for that. The only good Republican is a retired Republican. Gut it out or death. That’s our option. Nobody is going to rescue us. Not podcasts and not the media.  The only hope is some wipeout in the elections that presents supermajorities that could lead to proper impeachments. Remove Trump. Remove Vance. Remove Hegsetth. Install the new speaker.  

And the Republicans know this, and they will move heaven and earth to prevent any election losses in November, and I am not talking about merely good, solid campaigning.

Posted
7 hours ago, oblong said:

He's the same as he's always been the difference this time are the people around him following through with his crazy ****.  That's what is scary.

Sure, it seems painful now, but look on the bright side: think of how much sooner Jesus will come! 🤡

Posted
7 hours ago, romad1 said:

Nothing that transpired yesterday changes the trajectory of a massive bloodbath for the GOP in November.   It will be shocking and delightful to see some established figures lose.   Looking at you Disney Princess in South Carolina. 

I don't know—I wonder whether one of the October surprises will be Trump and the Republicans doing a lot of 11th-hour stuff passing reform bills (or maybe resolutions?) that explicitly promise to lower gas and grocery prices, or provide checks for thousands of dollars to households—in 2027, of course, and only as long as a Republican Congress is still in power then—and also, will suddenly stop using bat**** talk and start using the language of reasonable politics to draw trad Republicans to the polls for them.

Posted

I didn't save it but a guy on Twitter, who claims to be an oil expert, claims the shortage by the blockage of the Straight of Hormuz hasnt even hit American refineries yet. And when it does, oil won't only be double in price but also unavailable. A serious shortage. My unanswered question is... According to Trump, we don't need any oil from there. And if that was true, why did the price spike? And then I remember Trump is a pathological liar...and there's my answer. 

Posted
6 hours ago, Tigerbomb13 said:

Randy Smith laughs at the Art of the Deal

I had to unfollow him on Twitter because of some retweets. He probably consulted it before the Karim Garcia trade!

Posted
6 minutes ago, Edman85 said:

I had to unfollow him on Twitter because of some retweets. He probably consulted it before the Karim Garcia trade!

Yikes. I had no idea he was on there. 

Posted (edited)
39 minutes ago, Sports_Freak said:

I didn't save it but a guy on Twitter, who claims to be an oil expert, claims the shortage by the blockage of the Straight of Hormuz hasnt even hit American refineries yet. And when it does, oil won't only be double in price but also unavailable. A serious shortage. My unanswered question is... According to Trump, we don't need any oil from there. And if that was true, why did the price spike? And then I remember Trump is a pathological liar...and there's my answer. 

ex-refinery guy here. The picture is actually very complex, many interdependencies. Each refinery is pretty much set up to run optimally on one type or mix (which may or may not also mean one or one set of sources) of crude oil. The flexibility of a given refinery to do something else varies with its particular equipment but profitability (ie prices go up) will almost always suffer, at least short term, if they are forced to switch crude slates. In the US, most midwestern refineries run Canadian crude or oil that comes by pipeline from the gulf. East coast refineries import more, West cost refineries source some local (CA is a big producer but nowhere near CA's consumption), a lot of Alaskan, some ME. Refiner's generally hike their prices the instant world oil prices go up, though in reality they have several days (not months) supply already on hand and any oil at sea may already be paid for, though that varies also, some tankers do arrive with the oil un-purchased and the deal is cut on arrival.

I'm few years out of the biz now so I don't have any inside sources any more, but I would estimate that in the US, total imports from non North American sources are low enough that given the fall in demand that the increase in prices will produce, I doubt we will see outright US shortages, but don't ask me to bet on that, and there will likely be some local dislocations.

The situation in Europe and in particular Asia is much different. They know their vulnerability to supply upsets so in general Asian refiners keep a LOT more crude inventory (month+) on hand, which is the only reason why you haven't had Asian nations (i.e. China)  making more noise about retaliation against the US (trade etc) if this doesn't end soon.

Edited by gehringer_2
  • Like 2
Posted
22 hours ago, oblong said:

2 weeks. No joke. Two weeks.  He’s just ****ing with us. 

 

21 hours ago, Tigerbomb13 said:

LOL

 

20 hours ago, CMRivdogs said:

Is it time for infrastructure week yet. Seems to be his MO. 

 

Posted
48 minutes ago, Sports_Freak said:

I didn't save it but a guy on Twitter, who claims to be an oil expert, claims the shortage by the blockage of the Straight of Hormuz hasnt even hit American refineries yet. And when it does, oil won't only be double in price but also unavailable. A serious shortage. My unanswered question is... According to Trump, we don't need any oil from there. And if that was true, why did the price spike? And then I remember Trump is a pathological liar...and there's my answer. 

....And why are we paying 1m for each of our ships lol

Its all so stupid

Posted
5 minutes ago, gehringer_2 said:

ex-refinery guy here. The picture is actually very complex, many interdependencies. Each refinery is pretty much set up to run optimally on one type or mix (which may or may not also mean one or one set of sources) of crude oil. The flexibility of a given refinery to do something else varies with its particular equipment but profitability (ie prices go up) will almost always suffer, at least short term, if they are forced to switch crude slates. In the US, most midwestern refineries run Canadian crude or oil that comes by pipeline from the gulf. East coast refineries import more, West cost refineries source some local (CA is a big producer but nowhere near CA's consumption), a lot of Alaskan, some ME. Refiner's generally hike their prices the instant world oil prices go up, though in reality they have several days (not months) supply already on hand and any oil at sea may already be paid for, though that varies also, some tankers do arrive with the oil un-purchased and the deal is cut on arrival.

I'm few years out of the biz now so I don't have any inside sources any more, but I would estimate that in the US, total imports from non North American sources are low enough that given the fall in demand that the increase in prices will produce, I doubt we will see outright US shortages, but don't ask me to bet on that, and there will likely be some local dislocations.

The situation in Europe and in particular Asia is much different. They know their vulnerability to supply upsets so in general Asian refiners keep a LOT more crude inventory (month+) on hand, which is the only reason why you haven't had Asian nations (i.e. China)  making more noise about retaliation against the US (trade etc) if this doesn't end soon.

Yeah, I've read something about Canadian crude that has to be refined by American refineries but it went over my head. So America won't "run out" of oil? Many of the posts on Twitter are misinformation (lies) so I stopped believing many of them long ago. Sometimes they still fool me but that's my fault. And anything Trump says is a lie until proven true. No more fact checking....just assume he's lying. Mostly everything he says is a lie....

Posted
28 minutes ago, Sports_Freak said:

Yeah, I've read something about Canadian crude that has to be refined by American refineries but it went over my head. So America won't "run out" of oil? Many of the posts on Twitter ...

American refineries are built to process mostly "heavy" crude oil... which comes from Canada and Venezuela.

That means they refine sulfur and other "heavy" or "dirty" non-oil elements out of their input oil before they attempt to refine it into end-use products.

American oil has almost always been "sweet crude" (very LITTLE contaminants); although I'm not certain if fracted oil is sweet or heavy.

I'm not certain how many American refineries process sweet crude versus heavy crude... Maybe G2 can answer that.

Before fracted oil, we imported a lot from Saudi Arabia.

I don't know if today we import ANY oil from foreign countries aside from Canada & Venezuela... Maybe Mexico too?

But no:

1 hour ago, Sports_Freak said:

I didn't save it but a guy on Twitter, who claims to be an oil expert, claims the shortage by the blockage of the Straight of Hormuz hasnt even hit American refineries yet. And when ...

This tells me that I don't think your "oil expert" is an oil expert. It sounds like complete bull**** to me.

Ask G2 for the correct answers.

Posted
15 minutes ago, 1984Echoes said:

American refineries are built to process mostly "heavy" crude oil... which comes from Canada and Venezuela.

That means they refine sulfur and other "heavy" or "dirty" non-oil elements out of their input oil before they attempt to refine it into end-use products.

American oil has almost always been "sweet crude" (very LITTLE contaminants); although I'm not certain if fracted oil is sweet or heavy.

I'm not certain how many American refineries process sweet crude versus heavy crude... Maybe G2 can answer that.

Before fracted oil, we imported a lot from Saudi Arabia.

I don't know if today we import ANY oil from foreign countries aside from Canada & Venezuela... Maybe Mexico too?

But no:

This tells me that I don't think your "oil expert" is an oil expert. It sounds like complete bull**** to me.

Ask G2 for the correct answers.

Many Twitter posts use scare tactics to get people riled up. Its sad that I've been seeing the left start resorting to lies and misinformation. 

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