Yeah, the lag in pulling it from the ground to pouring it into your tank is not as fast as we all wish it were. As was pointed out in the articles, this is for delivery of oil in MAY. Ten days from now. The lock in for price, and having to have a place to stash it kicks in 4/21, so everybody wants out. Sort of like being on site not when Kaleb eats the burrito, but a few hours later. The product in the pumps most likely was sent to refinery at $50 bbl, if not more. Been sitting around in massive tanks waiting for somebody to use it, so room for more fuel can be had. No profit in giving fuel away, as the refiner would be underwater. Constipation ensues in the fuel production pipeline.
The other painful part is that there will be a massive decline in employment in the industry. Well paying jobs that keep cities going. Oil field work is deemed essential. These jobs go away, and there will be town large and small that are not going to be able to support a wallyworld importing cheep chinee crap, let alone some local yahoo with a tastee freez. With the slow melting away of winter, I would gladly drive all the way to Colombia to make more room for oil. And now there will not be fleets of fresh off the line RVs being delivered up north along the Alcan, which would have consumed at least a tank a day on the trip up. Severe constipation with everybody backed up and unable to flow. Makes TP seem superfluous. clay I have no pronouns please do not refer to me. > On Apr 20, 2020, at 4:26 PM, Kaleb Striplin via Mercedes > <mercedes@okiebenz.com> wrote: > > Yes, and somebody on the refined end is making a killing. Either the gas > stations, distributors, or somebody is keeping gas prices way too high. > > On 4/20/2020 6:57 PM, Dan Penoff via Mercedes wrote: >> Read this: >> >> https://earther.gizmodo.com/what-the-actual-fuck-is-happening-with-oil-prices-right-1842966887 >> >> -D _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
