Meanwhile rates stilll dropping... and people are taking it. Seen WAY too many 40,000+ pound loads paying ~1.7x ... people are just taking loads to keep rolling
OPEC+ surprise cut
- Thread starter Klaus
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Meanwhile rates stilll dropping... and people are taking it. Seen WAY too many 40,000+ pound loads paying ~1.7x ... people are just taking loads to keep rolling
What people aren’t talking about is how much ****ing tires went up over the last year or two
Yup. Bringing 25 trucks in this month for LVL 1's.... and everybody is taking tires to the bare minimum.
Had to replace tires last year on my semi, all 10 were just under 4600. I have slowly replaced the tires on my large tractor. BKT brand are 3k, when two years ago you could have top of the line Michelin for that price.
Filling the SPR? LOL! Pedo Joe is too busy draining the SPR at almost 1 million barrels a day. He is using it like a production zone and competing with American producers to sell it to China. This is one reason that drilling in the USA is down as well. We are coming into a perfect storm of not enough production in the US and the complete emptying of our STRATEGIC RESERVES and yet no one talks about it. They have been reporting that we have 350 million barrels left since last October yet they are still robbing it everyday at a pace of around 1 million barrels/day. My guess is it will be empty around election time - the plan all along perhaps?
of course, this is all calculated. these demo dickheads are hell bend on making us 100% energy reliant on our enemies.
Ya and we run 425 floats on the front..
We get drivers coming to the shop saying a tries is low and needs to be replaced… bitch, that thing has 6/32, still $100 worth of tire on there
Is anyone truly surprised? Outside of Potatards?
POTATUS declares war on oil.
POTATUS blames oil for rising prices because why point the finger at his policies? Lol
POTATUS runs his **** holster off at oil.
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POTATUS declares war on oil.
POTATUS blames oil for rising prices because why point the finger at his policies? Lol
POTATUS runs his **** holster off at oil.
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WSJ News Exclusive | Exxon Mobil Eyes Potential Megadeal With Shale Driller Pioneer
The oil and gas giant has held informal, early-stage talks to buy Pioneer Natural Resources, which is valued at $49 billion.
www.wsj.com
Dead people even more so.
Exxon Deal Hunt Signals Possible Shale M&A Wave
A transaction involving Pioneer Natural Resources would indicate that drillers are looking to put their large war chests of cash to work.
www.wsj.com
I was goddam prophetic in my call on this one. But taking credit would be cocky AF as it was as predictable as the sun rising in the east. Inventories are stupid low right now. Potential for domestic production increase is limited. We are over a barrel, boys.
www.wsj.com
Saudi Arabia and Russia Win Big in Gamble on Oil Cuts
Brent crude is climbing toward $100 a barrel after the two OPEC+ nations made a risky choice to slice their production.
www.wsj.com
Pay wall. Can't read WSJ.
Yep.. my first thought when I read about the latest OPEC+ cuts is Greeeeeat... now the Fed is going to either hold or continue to raise rates because of these massively inflated gas prices.
Its unreal how idiotic these people are. Truly is.
I was goddam prophetic in my call on this one. But taking credit would be cocky AF as it was as predictable as the sun rising in the east. Inventories are stupid low right now. Potential for domestic production increase is limited. We are over a barrel, boys.
Saudi Arabia and Russia Win Big in Gamble on Oil Cuts
Brent crude is climbing toward $100 a barrel after the two OPEC+ nations made a risky choice to slice their production.
A good call is a good call.
I am so happy I rotated out of REITS and back into oil early this year.
I was goddam prophetic in my call on this one. But taking credit would be cocky AF as it was as predictable as the sun rising in the east. Inventories are stupid low right now. Potential for domestic production increase is limited. We are over a barrel, boys.
Saudi Arabia and Russia Win Big in Gamble on Oil Cuts
Brent crude is climbing toward $100 a barrel after the two OPEC+ nations made a risky choice to slice their production.
Entire heat map for oil turned green a couple days ago.
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It's not idiotic. It's called tyranny.
We are now in a lose-lose environment. The market will respond more favorably to a rate hike than a rate cut. A rate cut would be seen as an "oh shit the fed thinks things are worse than they are" situation.
I am buying bonds hand over fist right now. They will probably give some pain in the short term but eventually I will be very happy to hold them.
There is only one scenario I accept about our current situation.
That is that all this has been intentional.
If I was as incompetent at my job as the FED and the current administration, I’d be blackballed from the industry.
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That is that all this has been intentional.
If I was as incompetent at my job as the FED and the current administration, I’d be blackballed from the industry.
Sent from my iPhone using svtperformance.com
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