Anonymous
06/08/2026 14:30
Subject: Re:Gas is up
The Countdown to a Major Oil Price Surge Has Begun
By Kurt Cobb - Jun 08, 2026, 11:00 AM CDT
Commercial oil inventories are being drawn down at an unusually rapid pace to compensate for supply losses linked to the closure of the Strait of Hormuz.
The world could soon approach operational inventory thresholds where supply chains become stressed, volatility rises, and fuel shortages emerge.
Markets remain overly optimistic about a quick resolution, leaving oil prices vulnerable to a sharp upward repricing.
https://oilprice.com/Energy/Energy-General/The-Countdown-to-a-Major-Oil-Price-Surge-Has-Begun.html
Do you believe them anymore? They have been saying this for a long time now and prices are very low.
Anonymous
06/08/2026 14:28
Subject: Re:Gas is up
U.S. Gasoline Inventories Are Falling at a Record Pace
By Robert Rapier - Jun 08, 2026, 9:00 AM CDT
U.S. gasoline inventories fell by 47.5 million barrels between early February and late May, a drawdown that is unprecedented in EIA weekly data going back to 1990.
Strong refinery utilization and relatively flat gasoline demand have not prevented inventories from declining, suggesting other factors are contributing to the draw.
Elevated exports, tight global energy markets, and low distillate inventories have reduced the margin for error heading into the summer driving season.
https://oilprice.com/Energy/Energy-General/US-Gasoline-Inventories-Are-Falling-at-a-Record-Pace.html
Anonymous
06/08/2026 14:19
Subject: Gas is up
BREAKING: U.S. SPR declines 7.9 million barrels in the last week to 349.2 million as of June 5, meaning that at any moment in the next few days the SPR will decline to its lowest since 1983, when it was being filled for the first time.
I guess trump is going to run it down to zero and then we won't have any oil reserves. Yay, or something.
I guess trump is going to run it down to zero and then we won't have any oil reserves. Yay, or something.
Anonymous
06/04/2026 18:31
Subject: Re:Gas is up
Anonymous
Anonymous
06/04/2026 11:27
Subject: Gas is up
Anonymous wrote:Anonymous wrote:You don't believe that the US strategic reserves have been drained and that the US could actually run out of gas?
Hmm, what happened last time we had an GOP administration who threw away all pandemic prep plans from all previous administrations?
The economy crashed and it was left to dems to clean up the mess (again)
Anonymous
06/04/2026 11:14
Subject: Gas is up
Anonymous wrote:You don't believe that the US strategic reserves have been drained and that the US could actually run out of gas?
Hmm, what happened last time we had an GOP administration who threw away all pandemic prep plans from all previous administrations?
Anonymous
Anonymous
06/04/2026 10:36
Subject: Gas is up
Anonymous wrote:US has plenty of home drilled oil. Surely US corporations wouldn't sell that oil to foreigners!
and it will be $7-10/gal...what is your point?
Anonymous
06/04/2026 10:27
Subject: Gas is up
US has plenty of home drilled oil. Surely US corporations wouldn't sell that oil to foreigners!
Anonymous
06/04/2026 10:20
Subject: Gas is up
You don't believe that the US strategic reserves have been drained and that the US could actually run out of gas?
Anonymous
Anonymous