Porter Posted 18 hours ago Report Posted 18 hours ago 8 minutes ago, Reagan said: You trust iran -- I'll trust Trump! No brainer there! I hope Hegspeth and Ratcliffe trust him as much as you do. This an Israel based site that has been on X for 10 years just to save you the look up. Lol DCT 1 Quote
little red Posted 17 hours ago Report Posted 17 hours ago 5 hours ago, DCT said: Has Iran guaranteed no nuclear weapons and are they willing to give up their capabilities to produce nuclear weapons? If not this was a waste of life for the brave men and women who paid the ultimate sacrifice and tax payers money. How much will it cost to rebuild Iran DCT 1 Quote
Porter Posted 14 hours ago Report Posted 14 hours ago I may have posted this before but I think of Reagan everytime I see it. Lol Boyz N Da Hood and DCT 1 1 Quote
baddog Posted 4 hours ago Report Posted 4 hours ago This is the hidden content, please Sign In or Sign Up OlDawg 1 Quote
OlDawg Posted 2 hours ago Report Posted 2 hours ago 1 hour ago, baddog said: This is the hidden content, please Sign In or Sign Up Yep. Like I said previously, I'd expect Brent to hang around upper $70's for the foreseeable future. I don't envision going back into the $60's again. $70's are actually a good number that allows for a balance between fuel costs & margins that allow for maintenance and investments by the energy companies. I haven't heard of any major T/A's in a long time. Usually, that's a yearly, staggered process between refiners. T/A's are a critical function, and the refiners have to have the margins and capacities to enable the down times. In the past, we were around $80/bbl. But, efficiencies and fracking have enabled a lot lower cost structure need. This is a solid link to keep bookmarked for those interested. It doesn't give all the data I receive. But, it's pretty informative for the overview. Quote
baddog Posted 1 hour ago Report Posted 1 hour ago 24 minutes ago, OlDawg said: Yep. Like I said previously, I'd expect Brent to hang around upper $70's for the foreseeable future. I don't envision going back into the $60's again. $70's are actually a good number that allows for a balance between fuel costs & margins that allow for maintenance and investments by the energy companies. I haven't heard of any major T/A's in a long time. Usually, that's a yearly, staggered process between refiners. T/A's are a critical function, and the refiners have to have the margins and capacities to enable the down times. In the past, we were around $80/bbl. But, efficiencies and fracking have enabled a lot lower cost structure need. This is a solid link to keep bookmarked for those interested. It doesn't give all the data I receive. But, it's pretty informative for the overview. I was employed by a company who had interest in fracking and exploration. It was a double edged sword for employees. Since we all had to gas up our vehicles every week, we enjoyed a lower price at the pump just like everyone else. But to stay employed and keep our business profitable, the crude oil prices needed to be elevated to stimulate exploration, so that meant paying a bit more at the pump. Some people simply don’t realize how expensive it is to find and retrieve new oil. OlDawg 1 Quote
OlDawg Posted 1 hour ago Report Posted 1 hour ago 4 minutes ago, baddog said: I was employed by a company who had interest in fracking and exploration. It was a double edged sword for employees. Since we all had to gas up our vehicles every week, we enjoyed a lower price at the pump just like everyone else. But to stay employed and keep our business profitable, the crude oil prices needed to be elevated to stimulate exploration, so that meant paying a bit more at the pump. Some people simply don’t realize how expensive it is to find and retrieve new oil. If I were a paranoid person, I'd begin to think someone was reading my posts. lol This is the hidden content, please Sign In or Sign Up baddog 1 Quote
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