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OIL & GAS SCAM - [ NEW UNCLE INTEL ] - $8/gallon = $440/barrel - but here we are @ $120/barrel = USA is FULL OF OIL to THE BRIM!

 
AIMCat
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06/07/2022 03:59 PM
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OIL & GAS SCAM - [ NEW UNCLE INTEL ] - $8/gallon = $440/barrel - but here we are @ $120/barrel = USA is FULL OF OIL to THE BRIM!
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Thought I'd pass along the following boots on the ground information concerning US oil supply. I just finished speaking with a friend and neighbor of mine who is a tug boat captain who runs oil along the west coast. He works three weeks on and three weeks off and has been at sea for a many years. He is very highly experienced and his tug is cutting edge. (Don't want to give too much info about him).

This week, he was due to unload his oil in Long Beach but mid morning Tuesday, he was told to turn around and anchor in a big bay because there was no storage available to unload. He said tankers are stacked up with the same problem, the storage tanks are FULL of oil. I asked him how the supply levels were compared to 4-5 years ago and he said the same, full. He also said that they are pumping the hell out of oil in Alaska and there is a ton coming in from overseas.

My friend also stated emphatically that he is no communist but the profits being generated by these fuel prices is outrageous and in his opinion, the high prices are a scam. He is shipping the same amount of oil he has shipped for years! His evidence is that there is no oil shortage.
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Anonymous Coward
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06/07/2022 04:02 PM
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Re: OIL & GAS SCAM - [ NEW UNCLE INTEL ] - $8/gallon = $440/barrel - but here we are @ $120/barrel = USA is FULL OF OIL to THE BRIM!
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Thought I'd pass along the following boots on the ground information concerning US oil supply. I just finished speaking with a friend and neighbor of mine who is a tug boat captain who runs oil along the west coast. He works three weeks on and three weeks off and has been at sea for a many years. He is very highly experienced and his tug is cutting edge. (Don't want to give too much info about him).

This week, he was due to unload his oil in Long Beach but mid morning Tuesday, he was told to turn around and anchor in a big bay because there was no storage available to unload. He said tankers are stacked up with the same problem, the storage tanks are FULL of oil. I asked him how the supply levels were compared to 4-5 years ago and he said the same, full. He also said that they are pumping the hell out of oil in Alaska and there is a ton coming in from overseas.

My friend also stated emphatically that he is no communist but the profits being generated by these fuel prices is outrageous and in his opinion, the high prices are a scam. He is shipping the same amount of oil he has shipped for years! His evidence is that there is no oil shortage.
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 Quoting: AIMCat 76013001





Not buying it.
Anonymous Coward (OP)
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06/07/2022 04:04 PM
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Re: OIL & GAS SCAM - [ NEW UNCLE INTEL ] - $8/gallon = $440/barrel - but here we are @ $120/barrel = USA is FULL OF OIL to THE BRIM!
Not buying it.
 Quoting: Anonymous Coward 83569490

norespect

This information is from this morning you flipoffshill.
Anonymous Coward
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06/07/2022 04:05 PM
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Re: OIL & GAS SCAM - [ NEW UNCLE INTEL ] - $8/gallon = $440/barrel - but here we are @ $120/barrel = USA is FULL OF OIL to THE BRIM!
If true, at what point would this deliberate subterfuge constitute treason?

Asking for a friend. charlie
Anonymous Coward
User ID: 83569490
United States
06/07/2022 04:06 PM
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Re: OIL & GAS SCAM - [ NEW UNCLE INTEL ] - $8/gallon = $440/barrel - but here we are @ $120/barrel = USA is FULL OF OIL to THE BRIM!
-
-
-
Thought I'd pass along the following boots on the ground information concerning US oil supply. I just finished speaking with a friend and neighbor of mine who is a tug boat captain who runs oil along the west coast. He works three weeks on and three weeks off and has been at sea for a many years. He is very highly experienced and his tug is cutting edge. (Don't want to give too much info about him).

This week, he was due to unload his oil in Long Beach but mid morning Tuesday, he was told to turn around and anchor in a big bay because there was no storage available to unload. He said tankers are stacked up with the same problem, the storage tanks are FULL of oil. I asked him how the supply levels were compared to 4-5 years ago and he said the same, full. He also said that they are pumping the hell out of oil in Alaska and there is a ton coming in from overseas.

My friend also stated emphatically that he is no communist but the profits being generated by these fuel prices is outrageous and in his opinion, the high prices are a scam. He is shipping the same amount of oil he has shipped for years! His evidence is that there is no oil shortage.
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-
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 Quoting: AIMCat 76013001





Not buying it.
 Quoting: Anonymous Coward 83569490




Well if you are going to say its price gouging than you better have proof as in costs, raws, margins, etc....
Anonymous Coward
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06/07/2022 05:11 PM
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Re: OIL & GAS SCAM - [ NEW UNCLE INTEL ] - $8/gallon = $440/barrel - but here we are @ $120/barrel = USA is FULL OF OIL to THE BRIM!
bump
Anonymous Coward
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06/07/2022 05:21 PM
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Re: OIL & GAS SCAM - [ NEW UNCLE INTEL ] - $8/gallon = $440/barrel - but here we are @ $120/barrel = USA is FULL OF OIL to THE BRIM!
Welcome to supply-side hyper-capitalism.

It is their duty to shareholders to make as much money as possible; anything less is a betrayal of the owners.

It is not a scam, it is capitalism.

Good for the corporations and those that are smart enough to be shareholders. They deserve their success and profits.
Anonymous Coward
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06/07/2022 05:23 PM
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Re: OIL & GAS SCAM - [ NEW UNCLE INTEL ] - $8/gallon = $440/barrel - but here we are @ $120/barrel = USA is FULL OF OIL to THE BRIM!
Welcome to supply-side hyper-capitalism.

It is their duty to shareholders to make as much money as possible; anything less is a betrayal of the owners.

It is not a scam, it is capitalism.

Good for the corporations and those that are smart enough to be shareholders. They deserve their success and profits.
 Quoting: Anonymous Coward 17579430


Once again, post the pricing, raws, margins and everything else that goes into pricing... otherwise you talk out your ass...
Anonymous Coward
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Netherlands
06/07/2022 06:34 PM
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Re: OIL & GAS SCAM - [ NEW UNCLE INTEL ] - $8/gallon = $440/barrel - but here we are @ $120/barrel = USA is FULL OF OIL to THE BRIM!
Same thing happened way back when they were reporting the big oil crisis in the 70's. A few guys we knew were out fishing and saw lots of oil tankers just "hanging out" way off the New Jersey shoreline
Anonymous Coward
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06/07/2022 06:35 PM
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Re: OIL & GAS SCAM - [ NEW UNCLE INTEL ] - $8/gallon = $440/barrel - but here we are @ $120/barrel = USA is FULL OF OIL to THE BRIM!
Remember, the people in government are not smart or creative. (They are inbreeds, keeping the jobs within the family). This is the same plan they used in the 1970's fake "Oil Embargo." Read about Lindsey Williams "The Energy Non-Crisis. "
The Energy Non-Crisis

[link to www.lindseywilliams.net (secure)]

Note: I worked intermittently on the Alaskan Slope between 1988 - 1992 as a medical officer. (during "Glasnost" when everybody was still "fearing the Russians.) We were hosting them and ordered to share our oil production secrets up in Prudhoe. When I left the Arctic, I road out with the Halliburton team that were on their way to help the Russians cleanup their oil production mess! (That's why Russia dominates Europe today. It was planned! Nixon - Dick Chaney - Brandon.) I'm beginning to believe that they threw Trump into the mix just to "stick it in our face! "DO NOT ADJUST YOUR TV. WE ARE COMPLETELY IN CONTROL!
Anonymous Coward
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06/07/2022 06:36 PM
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Re: OIL & GAS SCAM - [ NEW UNCLE INTEL ] - $8/gallon = $440/barrel - but here we are @ $120/barrel = USA is FULL OF OIL to THE BRIM!
At our house, we got the “buy ahead and lock in the price“ offer from our propane dealer. If I remember correctly the details of the alarmed shouting I heard coming from the office above my head, I’d say prices went up about 40%.
We won’t go without heat next year, but other people will struggle terribly.
I can’t imagine what the political landscape is going to look like by next year.
Anonymous Coward
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06/07/2022 06:37 PM
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Re: OIL & GAS SCAM - [ NEW UNCLE INTEL ] - $8/gallon = $440/barrel - but here we are @ $120/barrel = USA is FULL OF OIL to THE BRIM!
The reasoning is pretty simple. From J__ S____:

Elon Musk cut 10 percent of Tesla's work force

He is afraid the economy is going to tank. That's a no brainer. Because with so much money going into gasoline now it has to crash and it is intentional.

What will crash the economy no matter what? High gas prices, that's what.

And they know it. Let's say you were spending $200 a month on gas when it was $2.50 a gallon. You did not drive a whole lot except to work, which was 30 miles away and had a half hour of city driving. That's common in the US. So you were burning 3.5 gallons a day in your minivan if you were lucky. Even if you parked it on week ends, that would have cost about $200 per month. Lots of people have cars that eat more, some have cars that eat less, but $200 a month on gas at $2.50 per gallon was probably quite normal for most people . . . .

Then, suddenly, the gas goes up to $7 a gallon or more. Suddenly the gas costs $560 a month. That's $360.00 - a big screen, a lawn mower, a dining room table, or a desk or a nice cell phone or YOU NAME IT removed from the economic machine every single month, for everyone working. Extend that to two months, and once every two months a decent refrigerator is gone. Let's say you had a gas guzzler and you drove it a lot. Let's say your gas bill when gas was cheaper was $350 a month, which was not unusual. Suddenly your gas bill is $980 a month. What's that going to do? The math is not hard folks, Elon is right. If gas prices are not brought down, it is all going to crash.
Anonymous Coward
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06/07/2022 06:57 PM
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Re: OIL & GAS SCAM - [ NEW UNCLE INTEL ] - $8/gallon = $440/barrel - but here we are @ $120/barrel = USA is FULL OF OIL to THE BRIM!
a surplus of oil, gas, diesel exists

the supplies are kept off the market and off the books

as the sheeple masses drove so fucking little during the lockdowns during the past 2+ years

and not to mention the untold millions who are disabled, maimed, and dead from the (((death juice jab)))
Anonymous Coward
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06/07/2022 08:07 PM
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Re: OIL & GAS SCAM - [ NEW UNCLE INTEL ] - $8/gallon = $440/barrel - but here we are @ $120/barrel = USA is FULL OF OIL to THE BRIM!
Regular

Costco $5.27/gal
Shell $5.89/gal
Arco $5.47/gal
Anonymous Coward
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06/08/2022 12:56 AM
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Re: OIL & GAS SCAM - [ NEW UNCLE INTEL ] - $8/gallon = $440/barrel - but here we are @ $120/barrel = USA is FULL OF OIL to THE BRIM!
lala
Anonymous Coward
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06/08/2022 01:04 AM
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Re: OIL & GAS SCAM - [ NEW UNCLE INTEL ] - $8/gallon = $440/barrel - but here we are @ $120/barrel = USA is FULL OF OIL to THE BRIM!
The reasoning is pretty simple. From J__ S____:

Elon Musk cut 10 percent of Tesla's work force

He is afraid the economy is going to tank. That's a no brainer. Because with so much money going into gasoline now it has to crash and it is intentional.

What will crash the economy no matter what? High gas prices, that's what.

And they know it. Let's say you were spending $200 a month on gas when it was $2.50 a gallon. You did not drive a whole lot except to work, which was 30 miles away and had a half hour of city driving. That's common in the US. So you were burning 3.5 gallons a day in your minivan if you were lucky. Even if you parked it on week ends, that would have cost about $200 per month. Lots of people have cars that eat more, some have cars that eat less, but $200 a month on gas at $2.50 per gallon was probably quite normal for most people . . . .

Then, suddenly, the gas goes up to $7 a gallon or more. Suddenly the gas costs $560 a month. That's $360.00 - a big screen, a lawn mower, a dining room table, or a desk or a nice cell phone or YOU NAME IT removed from the economic machine every single month, for everyone working. Extend that to two months, and once every two months a decent refrigerator is gone. Let's say you had a gas guzzler and you drove it a lot. Let's say your gas bill when gas was cheaper was $350 a month, which was not unusual. Suddenly your gas bill is $980 a month. What's that going to do? The math is not hard folks, Elon is right. If gas prices are not brought down, it is all going to crash.
 Quoting: Anonymous Coward 83586891


^^^This.

An orchestrated collapse of society.

Another reason the prices are so high?
Refined product(Gas, Diesel) is being shipped to Europe to replace what used to come from Russia.

This is all due to the worthless sanctions on Russia. And they refuse to lift the sanctions because collapsing the western Financial systems is the real goal.
Shaun Kaven

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Colombia
06/08/2022 01:08 AM

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Re: OIL & GAS SCAM - [ NEW UNCLE INTEL ] - $8/gallon = $440/barrel - but here we are @ $120/barrel = USA is FULL OF OIL to THE BRIM!
Big difference between oil and gasoline/diesel, OP. What you wrote could very well be true but it’s still no scam. The problem is with the oil refineries. There hasn’t been a new one created since the 70s and the Biden admin is intentionally leaving them to decay. Some are shutdown and some aren’t getting supplies.
Like I told my ex-wife, I said: honey, I never drive faster than I can see. Besides that, it’s all in the reflexes…
Anonymous Coward
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06/08/2022 06:29 AM
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Re: OIL & GAS SCAM - [ NEW UNCLE INTEL ] - $8/gallon = $440/barrel - but here we are @ $120/barrel = USA is FULL OF OIL to THE BRIM!
the masses are getting raped & pilaged
DeMandingOne

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06/08/2022 07:23 AM
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Re: OIL & GAS SCAM - [ NEW UNCLE INTEL ] - $8/gallon = $440/barrel - but here we are @ $120/barrel = USA is FULL OF OIL to THE BRIM!
the masses are getting raped & pilaged
 Quoting: Anonymous Coward 80411226


Of course, it is price gouging! Reg. unleaded is 4.99 at one store - then, 10 miles away it is 4.17. It is going up consistently .12 per day in my area. They arent emptying their tanks daily and paying more from the supplier at that rate. They arent supposed to raise prices until they are distributing a fresh supply that was purchased at the higher rate. Every gas station in town is not exhausting their tanks on a daily basis to be able to compensate for the daily increase consumers are paying. It is outrageous and certainly treason. What will happen when all the taxpayers cant get to work bc cant afford the gas and cant afford the ridiculously high rent so they become homeless. What will happen to the infrastructure? How will the US function when the income plus taxes generated by the simple folk ceases to fund these fools?? Oh, but Ukraine needs a few more billion.....fire up the presses!
M C
Anonymous Coward
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06/08/2022 07:33 AM
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Re: OIL & GAS SCAM - [ NEW UNCLE INTEL ] - $8/gallon = $440/barrel - but here we are @ $120/barrel = USA is FULL OF OIL to THE BRIM!
Yes, OP. No shortage just the effects of printing 6 trillion in two years.
Anonymous Coward
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06/09/2022 06:15 AM
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Re: OIL & GAS SCAM - [ NEW UNCLE INTEL ] - $8/gallon = $440/barrel - but here we are @ $120/barrel = USA is FULL OF OIL to THE BRIM!
sellers of everything are taking advantage

they are hoarding in the background

they are price gouging

from amazon...

restaurants...

barbers...

grocery stores...

distribution centers of oil...

they are limiting and holding back on supplies of everything

they gouge way above inflation rate from commodities on up.

record oil profiteering
Anonymous Coward
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06/09/2022 06:59 AM
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Re: OIL & GAS SCAM - [ NEW UNCLE INTEL ] - $8/gallon = $440/barrel - but here we are @ $120/barrel = USA is FULL OF OIL to THE BRIM!
Nope. It's hyper inflation dumb dumb.

Basic economics. Can't keep giving you pedofrenchies in Europe money and expect oil to stay low.
Anonymous Coward
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06/09/2022 08:42 AM
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Re: OIL & GAS SCAM - [ NEW UNCLE INTEL ] - $8/gallon = $440/barrel - but here we are @ $120/barrel = USA is FULL OF OIL to THE BRIM!
[link to godlike.com (secure)]
Anonymous Coward
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06/09/2022 08:56 AM
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Re: OIL & GAS SCAM - [ NEW UNCLE INTEL ] - $8/gallon = $440/barrel - but here we are @ $120/barrel = USA is FULL OF OIL to THE BRIM!
Oil was basically free during Covid. I told everyone I knew to buy up oil etf and stocks. I put my entire retirement in, about 750k. For awhile people said I was wrong as tech surged. But slow and steady I’m now up 325% and tech is dropping like crazy.

It was the simplest investment I ever made. Either oil goes to $0 and we all die of Covid. Or it would rebound. Regardless which way it went there was no risk.
Anonymous Coward
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06/09/2022 09:00 AM
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Re: OIL & GAS SCAM - [ NEW UNCLE INTEL ] - $8/gallon = $440/barrel - but here we are @ $120/barrel = USA is FULL OF OIL to THE BRIM!
Oil was basically free during Covid. I told everyone I knew to buy up oil etf and stocks. I put my entire retirement in, about 750k. For awhile people said I was wrong as tech surged. But slow and steady I’m now up 325% and tech is dropping like crazy.

It was the simplest investment I ever made. Either oil goes to $0 and we all die of Covid. Or it would rebound. Regardless which way it went there was no risk.
 Quoting: Anonymous Coward 80994134


I did the same shorting VIX but got margined out because all the ETFs basically had died had to use futures lost $200K would of been up god knows how much till the peak. Haha
Deplorableduckhunter

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06/09/2022 09:20 AM
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Re: OIL & GAS SCAM - [ NEW UNCLE INTEL ] - $8/gallon = $440/barrel - but here we are @ $120/barrel = USA is FULL OF OIL to THE BRIM!
If true, at what point would this deliberate subterfuge constitute treason?

Asking for a friend. charlie
 Quoting: Anonymous Coward 79780865


even at 4.00 a gal that is 220 a barrel. Oil spot averages about 120 a barrel these days.


What kinda of maf computes dis.
Anonymous Coward
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06/09/2022 09:23 AM
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Re: OIL & GAS SCAM - [ NEW UNCLE INTEL ] - $8/gallon = $440/barrel - but here we are @ $120/barrel = USA is FULL OF OIL to THE BRIM!
But but but muh green new deal
Anonymous Coward
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06/09/2022 09:25 AM
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Re: OIL & GAS SCAM - [ NEW UNCLE INTEL ] - $8/gallon = $440/barrel - but here we are @ $120/barrel = USA is FULL OF OIL to THE BRIM!
Some of you tards voted for this, so shut the hell up and enjoy the fruit of your stupidity.
Anonymous Coward
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06/09/2022 09:50 AM
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Re: OIL & GAS SCAM - [ NEW UNCLE INTEL ] - $8/gallon = $440/barrel - but here we are @ $120/barrel = USA is FULL OF OIL to THE BRIM!
-
-
-
Thought I'd pass along the following boots on the ground information concerning US oil supply. I just finished speaking with a friend and neighbor of mine who is a tug boat captain who runs oil along the west coast. He works three weeks on and three weeks off and has been at sea for a many years. He is very highly experienced and his tug is cutting edge. (Don't want to give too much info about him).

This week, he was due to unload his oil in Long Beach but mid morning Tuesday, he was told to turn around and anchor in a big bay because there was no storage available to unload. He said tankers are stacked up with the same problem, the storage tanks are FULL of oil. I asked him how the supply levels were compared to 4-5 years ago and he said the same, full. He also said that they are pumping the hell out of oil in Alaska and there is a ton coming in from overseas.

My friend also stated emphatically that he is no communist but the profits being generated by these fuel prices is outrageous and in his opinion, the high prices are a scam. He is shipping the same amount of oil he has shipped for years! His evidence is that there is no oil shortage.
-
-
-
 Quoting: AIMCat 76013001


Here's all the tankers waiting off the coast of 2 major ports in California 10 months ago

Record number of container ships waiting off California coast

[link to nypost.com (secure)]


Here they are 14 months ago

[link to www.businessinsider.com (secure)]

Here they are 2 years ago

[link to www.npr.org (secure)]



Why is it different now?
Anonymous Coward
User ID: 80500916
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06/09/2022 10:12 AM
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Re: OIL & GAS SCAM - [ NEW UNCLE INTEL ] - $8/gallon = $440/barrel - but here we are @ $120/barrel = USA is FULL OF OIL to THE BRIM!
If true, at what point would this deliberate subterfuge constitute treason?

Asking for a friend. charlie
 Quoting: Anonymous Coward 79780865


even at 4.00 a gal that is 220 a barrel. Oil spot averages about 120 a barrel these days.


What kinda of maf computes dis.
 Quoting: Deplorableduckhunter


your ignorance is appalling! you apparently did not bother to look into the facts but just made some up.

A standard U.S. barrel contains 42 gallons of crude oil which yields about 44 gallons of petroleum products. The additional 2 gallons of petroleum products come from refiner gains which result in an additional 6% of product. As shown in the figure below, a little more than 19 gallons of gasoline and 10 gallons of diesel fuel are produced from a barrel of crude oil by U.S. refiners. Other products such as jet fuel and heating oil make up the remaining one third.

[link to www.energy.gov (secure)]

It seems to me that the maga crowd should support the russian oil import bans as they are always talking about communism is really bad. (I agree)

if you limit the supply the cost will rise.

should we let russia take over any where they want?
are you not willing to pay for your principles?
ambermink

User ID: 35811833
United States
06/09/2022 10:25 AM

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Re: OIL & GAS SCAM - [ NEW UNCLE INTEL ] - $8/gallon = $440/barrel - but here we are @ $120/barrel = USA is FULL OF OIL to THE BRIM!
Maybe the US is trying to stock up for a war and not telling us. The democrats in charge don't want us driving either, they think they are saving the planet by making us not to be afford to drive.





GLP