f7ben Posted April 20, 2020 Share Posted April 20, 2020 THIS IS BULLISH....BUY STONKS PAMP IT TRUMP AND POWELL!!! 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Jimmy Snacks Posted April 20, 2020 Platinum Contributing Member Share Posted April 20, 2020 11 dollars a barrel... Quote Link to comment Share on other sites More sharing options...
f7ben Posted April 20, 2020 Author Share Posted April 20, 2020 Just now, Jimmy Snacks said: 11 dollars a barrel... It’s going to 0 unless the Fed gets authorized to buy physical oil Basically unless the fed is buying it or people are eating it the value is 0 Quote Link to comment Share on other sites More sharing options...
Anler Posted April 20, 2020 Share Posted April 20, 2020 Hey remember back in 2004 when the oil companies bent us over on some fabricated "peak oil" bullshit? yeah I say fuck them. 1 2 Quote Link to comment Share on other sites More sharing options...
frenchy Posted April 20, 2020 Share Posted April 20, 2020 6 minutes ago, f7ben said: THIS IS BULLISH....BUY STONKS PAMP IT TRUMP AND POWELL!!! I love that word Quote Link to comment Share on other sites More sharing options...
f7ben Posted April 20, 2020 Author Share Posted April 20, 2020 1 minute ago, frenchy said: I love that word PAMP STONKS!!!! Quote Link to comment Share on other sites More sharing options...
1jkw Posted April 20, 2020 Share Posted April 20, 2020 2 minutes ago, frenchy said: I love that word Me too, and the pic. of that figure saying it fits perfect. Quote Link to comment Share on other sites More sharing options...
Kev144 Posted April 20, 2020 Share Posted April 20, 2020 11 bucks yet we are still 70-80 cents a litre. Bull shit. It should be 30 cents. Quote Link to comment Share on other sites More sharing options...
frenchy Posted April 20, 2020 Share Posted April 20, 2020 1 minute ago, Kev144 said: 11 bucks yet we are still 70-80 cents a litre. Bull shit. It should be 30 cents. 10 of that is fuckface's carbon tax. 1 Quote Link to comment Share on other sites More sharing options...
Kev144 Posted April 20, 2020 Share Posted April 20, 2020 1 minute ago, frenchy said: 10 of that is fuckface's carbon tax. I did see 59.9 a few weeks ago but this is bill shit no question. Quote Link to comment Share on other sites More sharing options...
jammin Posted April 20, 2020 Share Posted April 20, 2020 1 hour ago, Anler said: Hey remember back in 2004 when the oil companies bent us over on some fabricated "peak oil" bullshit? yeah I say fuck them. And we still pay a "fee" for certain products to be delivered or used as a result of that. 1 Quote Link to comment Share on other sites More sharing options...
XCR1250 Posted April 20, 2020 Share Posted April 20, 2020 20 minutes ago, jammin said: And we still pay a "fee" for certain products to be delivered or used as a result of that. How much is gas in your area now? Quote Link to comment Share on other sites More sharing options...
racer254 Posted April 20, 2020 Share Posted April 20, 2020 I believe that WI has a total gas tax of 32.9 cents per gallon and the fed tax is 18.4 cents per gallon. 51.3 cents total tax per gallon. So far, the cheapest I filled up for was 109.9 per gallon Quote Link to comment Share on other sites More sharing options...
teamgreen02 Posted April 20, 2020 Share Posted April 20, 2020 Oil is tanking right now with no demand, high production, and nowhere to store the excess. November futures are up quite a bit by comparison to $33 but even that is historically low. Domestic US producers have a cost of production ~$35. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Jimmy Snacks Posted April 20, 2020 Platinum Contributing Member Share Posted April 20, 2020 Have those 10% production cuts happens yet? Quote Link to comment Share on other sites More sharing options...
Woodtick Posted April 20, 2020 Share Posted April 20, 2020 They should start dumping all of the extra oil in the ocean. Quote Link to comment Share on other sites More sharing options...
snoughnut Posted April 20, 2020 Share Posted April 20, 2020 14 minutes ago, racer254 said: I believe that WI has a total gas tax of 32.9 cents per gallon and the fed tax is 18.4 cents per gallon. 51.3 cents total tax per gallon. So far, the cheapest I filled up for was 109.9 per gallon I saw .99 cents here last week. Quote Link to comment Share on other sites More sharing options...
jammin Posted April 20, 2020 Share Posted April 20, 2020 27 minutes ago, XCR1250 said: How much is gas in your area now? 1.29 / 1.49 depending on area Quote Link to comment Share on other sites More sharing options...
XCR1250 Posted April 20, 2020 Share Posted April 20, 2020 2 minutes ago, jammin said: 1.29 / 1.49 depending on area $1.41-$1.49 here in Hayward. Someone told me it was .89 in Milwaukee a week ago. Quote Link to comment Share on other sites More sharing options...
Rod Posted April 20, 2020 Share Posted April 20, 2020 Quote Link to comment Share on other sites More sharing options...
Rod Posted April 20, 2020 Share Posted April 20, 2020 What will happen is futures will become meaningless and the basis will keep the flow going Quote Link to comment Share on other sites More sharing options...
snopro31 Posted April 20, 2020 Share Posted April 20, 2020 1 minute ago, ACE said: Trudeau is smiling currently over that Quote Link to comment Share on other sites More sharing options...
Rod Posted April 20, 2020 Share Posted April 20, 2020 2 minutes ago, snopro31 said: Trudeau is smiling currently over that Not sure why. Low fuel prices will likely ramp up usage lol green energy is even dumber now Quote Link to comment Share on other sites More sharing options...
snopro31 Posted April 20, 2020 Share Posted April 20, 2020 2 minutes ago, ACE said: Not sure why. Low fuel prices will likely ramp up usage lol green energy is even dumber now It’s trudeau. Guy doesn’t even know if he’s got a penis or a vagina. Quote Link to comment Share on other sites More sharing options...
Rod Posted April 20, 2020 Share Posted April 20, 2020 1 minute ago, snopro31 said: It’s trudeau. Guy doesn’t even know if he’s got a penis or a vagina. Oh he knows he has a vag. A frothy one Quote Link to comment Share on other sites More sharing options...
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