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Operation Epic Furry Energy Crisis Thread

178,192 Views | 1617 Replies | Last: 9 hrs ago by DiabloWags
Cal88
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BearlySane88 said:

Cal88 said:

BearlySane88 said:

Oil is flowing pretty nicely, all things considered




Hormuz traffic is roughly half of prewar level, and Saudi exports through their East- West pipeline have gone done to ZERO from 7M bpd. That's a regional deficit of around 15-17M bpd from prewar levels, more than enough for prices to shoot up much higher.



As I said, all things considered that's pretty solid.


Global demand is around 100M bpd. A reduction of 15% on top of very thin global reserves is a recipe for an economic disaster.
BearlySane88
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Big C said:

BearlySane88 said:

Oil is flowing pretty nicely, all things considered



If what is considered is that it was flowing freely a year ago, I'd have to say that oil is not flowing pretty nicely


I'll take the added benefits, now and future, with the lower flows
BearlySane88
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Cal88 said:

BearlySane88 said:

Cal88 said:

BearlySane88 said:

Oil is flowing pretty nicely, all things considered




Hormuz traffic is roughly half of prewar level, and Saudi exports through their East- West pipeline have gone done to ZERO from 7M bpd. That's a regional deficit of around 15-17M bpd from prewar levels, more than enough for prices to shoot up much higher.



As I said, all things considered that's pretty solid.


Global demand is around 100M bpd. A reduction of 15% on top of very thin global reserves is a recipe for an economic disaster.


So you've been saying for months
DaddyLegend
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Big C said:

BearlySane88 said:

Oil is flowing pretty nicely, all things considered

If what is considered is that it was flowing freely a year ago, I'd have to say that oil is not flowing pretty nicely

China and Iran know this very well.
Joe Biden pardoned his son, Anthony Fauci, Gen Milley, Schiff, and the J6 Unselect Committee. The mods all voted for Kamala. They had no choice after the Biden coup. The people who shot Trump and Charlie Kirk probably vote Democrat too. The people who were obsessed with Russia hoax, vax status of others, J6, and the Epstein list are ignorant fools. Building genocide could have been prevented. Queers for Palestine. Trans rights. No Kings. Hamas not Hummus. Cousin love. Allahu Akbar.
DiabloWags
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BearlySane88 said:

Cal88 said:

BearlySane88 said:

Cal88 said:

BearlySane88 said:

Oil is flowing pretty nicely, all things considered




Hormuz traffic is roughly half of prewar level, and Saudi exports through their East- West pipeline have gone done to ZERO from 7M bpd. That's a regional deficit of around 15-17M bpd from prewar levels, more than enough for prices to shoot up much higher.



As I said, all things considered that's pretty solid.


Global demand is around 100M bpd. A reduction of 15% on top of very thin global reserves is a recipe for an economic disaster.


So you've been saying for months


And it's the single biggest reason why the yield on the 10 year Treasury is at the highest level since 2007.
And mortgage rates are over 7%

MAGA!
dajo9
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Oil at $105 / barrel under Trump is pretty good all things considered
Censorship has always been a tool of the fascist
DiabloWags
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dajo9 said:

Oil at $105 / barrel under Trump is pretty good all things considered

If it wasn't for CHINA having stocked up after we "obliterated" Iran's nuclear capability in June of 2025, oil would be even higher . . . all things considered.

And now Massie is going after Party Pete Hegseth with 8 articles of impeachment.

Popcorn ready in time for the midterms!

lol

cbbass1
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Also bear in mind that all Western commodity exchanges are manipulated. Oil is no different from gold or silver.

The prices on the commodity exchanges are the "paper price" -- NOT the price of the actual physical product at the point of delivery.

For gold & silver, COMEX has the "paper price". The Shanghai Commodites Exchange has the price of the physical product.
Cal88
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cbbass1 said:

Also bear in mind that all Western commodity exchanges are manipulated. Oil is no different from gold or silver.

The prices on the commodity exchanges are the "paper price" -- NOT the price of the actual physical product at the point of delivery.

For gold & silver, COMEX has the "paper price". The Shanghai Commodites Exchange has the price of the physical product.



Right. The Shanghai oil price has shot way up, it is more reflective of actual current global demand and physical deliveries:





"Shanghai crude is what Asian refiners actually pay. Brent and WTI are Western benchmarks.

In normal times, Shanghai trades $5 to $10 above Brent.

One month ago, the gap was $10 to $15.

One week ago, it was $20 to $25.

Today it is $30.

This is panic buying.

China is the world's largest oil importer. They cannot find enough supply.

The Hormuz constraint hits them directly. The Saudi pipeline loss removed their alternative.

They saw this coming in August. They stopped lifting from Red Sea ports.

Now they are paying record prices for remaining supply.

The $30 gap is the market screaming that the physical shortage is real."
Cal88
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BearlySane88 said:

Cal88 said:

BearlySane88 said:

Cal88 said:

BearlySane88 said:

Oil is flowing pretty nicely, all things considered




Hormuz traffic is roughly half of prewar level, and Saudi exports through their East- West pipeline have gone done to ZERO from 7M bpd. That's a regional deficit of around 15-17M bpd from prewar levels, more than enough for prices to shoot up much higher.



As I said, all things considered that's pretty solid.


Global demand is around 100M bpd. A reduction of 15% on top of very thin global reserves is a recipe for an economic disaster.


So you've been saying for months


The destruction of the Saudi pipeline happened just now, and months ago the reserves and inventory buffer were still not used up.
DiabloWags
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Cal88 said:

BearlySane88 said:

Cal88 said:

BearlySane88 said:

Cal88 said:

BearlySane88 said:

Oil is flowing pretty nicely, all things considered




Hormuz traffic is roughly half of prewar level, and Saudi exports through their East- West pipeline have gone done to ZERO from 7M bpd. That's a regional deficit of around 15-17M bpd from prewar levels, more than enough for prices to shoot up much higher.



As I said, all things considered that's pretty solid.


Global demand is around 100M bpd. A reduction of 15% on top of very thin global reserves is a recipe for an economic disaster.


So you've been saying for months


The destruction of the Saudi pipeline happened just now, and months ago the reserves and inventory buffer was still not used up.


Agreed.

And this should be obvious to anyone that follows the energy markets.

Only just two weeks ago there was a Trump supporter here "cheerleading" the Saudi East/West pipeline.

But apparently there are those that are terribly unfamiliar with the oil markets.

They rather believe Trump sycophants like Christ Wright, than what the oil markets are saying.

Weird.

BearlySane88
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Keep it coming!

Cal88
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BearlySane88 said:

Keep it coming!




tankertrackers is not a reliable source, they have been shown to be shills by established industry sources like oilprice.com :

BearlySane88
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Cal88 said:

BearlySane88 said:

Keep it coming!




tankertrackers is not a reliable source, they have been shown to be shills by established industry sources like oilprice.com :




Every source that goes against your views is unreliable. Yawn.
DiabloWags
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Apparently, the Oil Market didn't get the memo from Tanker Tracker.

https://www.wsj.com/finance/commodities-futures/oil-rises-as-stabilizers-in-crude-market-start-to-weaken-5dc85781?st=8FNAVA

Cal88
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BearlySane88 said:

Cal88 said:

BearlySane88 said:

Keep it coming!




tankertrackers is not a reliable source, they have been shown to be shills by established industry sources like oilprice.com :




Every source that goes against your views is unreliable. Yawn.


They were caught lying by Oilprice.com.

BearlySane88
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Cal88 said:

BearlySane88 said:

Cal88 said:

BearlySane88 said:

Keep it coming!




tankertrackers is not a reliable source, they have been shown to be shills by established industry sources like oilprice.com :




Every source that goes against your views is unreliable. Yawn.


They were caught lying by Oilprice.com.




Not really.
DiabloWags
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BearlySane88 said:

Cal88 said:


tankertrackers is not a reliable source, they have been shown to be shills by established industry sources like oilprice.com :




Every source that goes against your views is unreliable. Yawn.


Just curious why you don't listen to the "source" that is the oil market?

For some reason, you have totally disregarded the oil rally of the last 2 weeks in the face of your "tanker" posts from Twitter. Is price discovery not important to you?





PS. We just took out yesterday's low which allows for an easy set-up to be short with limited risk.



Cal88
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Heating oil price through the roof.

BearlySane88
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Cal88 said:

Heating oil price through the roof.




Only 4% of American households use heating oil still
dajo9
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BearlySane88 said:

Cal88 said:

Heating oil price through the roof.




Only 4% of American households use heating oil still


Older, poorer, more rural. MAGA people. I'm not going to lose sleep over it.
Censorship has always been a tool of the fascist
BearlySane88
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dajo9 said:

BearlySane88 said:

Cal88 said:

Heating oil price through the roof.




Only 4% of American households use heating oil still


Older, poorer, more rural. MAGA people. I'm not going to lose sleep over it.


That's a wild and hateful statement. I hope all dems are healthy and safe this winter.

Tell me again how the right are the evil ones after you just made that statement.
dajo9
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BearlySane88 said:

dajo9 said:

BearlySane88 said:

Cal88 said:

Heating oil price through the roof.




Only 4% of American households use heating oil still


Older, poorer, more rural. MAGA people. I'm not going to lose sleep over it.


That's a wild and hateful statement. I hope all dems are healthy and safe this winter.

Tell me again how the right are the evil ones after you just made that statement.


What a performative post. You were just talking about how it's "only" a small amount of people. Your post was hateful.
Censorship has always been a tool of the fascist
Eastern Oregon Bear
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BearlySane88 said:

dajo9 said:

BearlySane88 said:

Cal88 said:

Heating oil price through the roof.




Only 4% of American households use heating oil still


Older, poorer, more rural. MAGA people. I'm not going to lose sleep over it.


That's a wild and hateful statement. I hope all dems are healthy and safe this winter.

Tell me again how the right are the evil ones after you just made that statement.

Maybe they shouldn't have voted for a President that tripled (quadrupled?) the price of their heating oil. Choices have consequences.
BearlySane88
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dajo9 said:

BearlySane88 said:

dajo9 said:

BearlySane88 said:

Cal88 said:

Heating oil price through the roof.




Only 4% of American households use heating oil still


Older, poorer, more rural. MAGA people. I'm not going to lose sleep over it.


That's a wild and hateful statement. I hope all dems are healthy and safe this winter.

Tell me again how the right are the evil ones after you just made that statement.


What a performative post. You were just talking about how it's "only" a small amount of people. Your post was hateful.


My post made no comment on who I wanted to suffer, like yours did. All I was saying was that it affects a small portion of the population.
BearlySane88
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Eastern Oregon Bear said:

BearlySane88 said:

dajo9 said:

BearlySane88 said:

Cal88 said:

Heating oil price through the roof.




Only 4% of American households use heating oil still


Older, poorer, more rural. MAGA people. I'm not going to lose sleep over it.


That's a wild and hateful statement. I hope all dems are healthy and safe this winter.

Tell me again how the right are the evil ones after you just made that statement.

Maybe they shouldn't have voted for a President that tripled (quadrupled?) the price of their heating oil. Choices have consequences.


I didn't know all people in the Northeast voted for Trump. Those that oppose Trump often act just like Trump. It's really funny to watch.
Cal88
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A lot of apt buildings still use heating oil in cities like NYC.
BearlySane88
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Cal88 said:

A lot of apt buildings still use heating oil in cities like NYC.


10-15% in NYC apartments. Not really a lot.
Cal88
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"A lot" is what those thousands of landlords and residents are going to pay to keep warm.
DiabloWags
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Cal88 said:

A lot of apt buildings still use heating oil in cities like NYC.


Yup.

Mostly in the Bronx, Brooklyn, and Manhattan.

Residential apartment buildings, educational buildings, and mixed-use commercial buildings have until July of 2027 to stop using #4 Heating Oil.

#2 Heating Oil meets the new restrictions starting next July.

NYC's No. 4 Heating Oil Ban: What You Need to Know - Energo
BearlySane88
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DiabloWags said:

Cal88 said:

A lot of apt buildings still use heating oil in cities like NYC.


Yup.

Mostly in the Bronx, Brooklyn, and Manhattan.

Residential apartment buildings, educational buildings, and mixed-use commercial buildings have until July of 2027 to stop using #4 Heating Oil.

#2 Heating Oil meets the new restrictions starting next July.

NYC's No. 4 Heating Oil Ban: What You Need to Know - Energo


15% in Manhattan
20% in the Bronx
13% Brooklyn
Cal88
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Yes, a lot of people indeed.
DaddyLegend
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BearlySane88 said:

dajo9 said:

BearlySane88 said:

Cal88 said:

Heating oil price through the roof.




Only 4% of American households use heating oil still

Older, poorer, more rural. MAGA people. I'm not going to lose sleep over it.

That's a wild and hateful statement. I hope all dems are healthy and safe this winter.

Tell me again how the right are the evil ones after you just made that statement.

They hate half the country. They hate the country. They hate.
Joe Biden pardoned his son, Anthony Fauci, Gen Milley, Schiff, and the J6 Unselect Committee. The mods all voted for Kamala. They had no choice after the Biden coup. The people who shot Trump and Charlie Kirk probably vote Democrat too. The people who were obsessed with Russia hoax, vax status of others, J6, and the Epstein list are ignorant fools. Building genocide could have been prevented. Queers for Palestine. Trans rights. No Kings. Hamas not Hummus. Cousin love. Allahu Akbar.
Cal88
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At this rate...


DaddyLegend
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Cal88 said:



Of course.
Joe Biden pardoned his son, Anthony Fauci, Gen Milley, Schiff, and the J6 Unselect Committee. The mods all voted for Kamala. They had no choice after the Biden coup. The people who shot Trump and Charlie Kirk probably vote Democrat too. The people who were obsessed with Russia hoax, vax status of others, J6, and the Epstein list are ignorant fools. Building genocide could have been prevented. Queers for Palestine. Trans rights. No Kings. Hamas not Hummus. Cousin love. Allahu Akbar.
 
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