SkyDekker 1,120 #226 June 13, 2022 2 minutes ago, brenthutch said: As usual Democrat policies fail to achieve their aim. Then it must be Republican regulations that are hindering refinery capacity. 1 Quote Share this post Link to post Share on other sites
brenthutch 383 #227 June 13, 2022 (edited) 1 hour ago, SkyDekker said: Then it must be Republican regulations that are hindering refinery capacity. Remember when you guys were laughing at the petroleum industry as the price of crude turned negative? Well who’s laughing now? ”The solution to low oil prices is low oil prices” Edited June 13, 2022 by brenthutch Quote Share this post Link to post Share on other sites
brenthutch 383 #228 June 13, 2022 If you won’t believe me, maybe you will believe Joe Biden https://wattsupwiththat.com/2022/06/13/bidens-war-on-oil-and-gas/ Quote Share this post Link to post Share on other sites
headoverheels 291 #229 June 14, 2022 Back to the thread subject: Trump will be indicted. Quote Share this post Link to post Share on other sites
winsor 185 #230 June 14, 2022 2 hours ago, headoverheels said: Back to the thread subject: Trump will be indicted. Whatever it takes to put a stake through his political heart. 1 Quote Share this post Link to post Share on other sites
Erroll 49 #231 June 14, 2022 5 hours ago, headoverheels said: Trump will be indicted. Could be fun..... Quote Share this post Link to post Share on other sites
Phil1111 908 #232 June 14, 2022 (edited) 20 hours ago, SkyDekker said: The article says absolutely nothing about increased regulations reducing refinery capacity. Best case scenario you are lying, worst case you aren't smart enough to understand the words. US refiners are banking massive profits in 2022. "Oil exploration is down from its 2014 high because the largest oil exploration companies are opting to divert their cash to shareholders in the form of dividends, share buybacks, and debt paydowns rather than exploring for more oil. For instance, according to Bloomberg, in February, Occidental announced a $3 billion buyback program and a $5 billion paydown of its nearly $28 billion debt load. To be fair, for the overall industry, the number of rigs drilling for oil has increased 60% to 574 in the last year — which is nevertheless down some 64% from its 2014 high of 1,609, according to Baker Hughes BHI -5.5% .... the gap between the price that refineries pay for oil and what they charge for gasoline — is a very wide 60%, according to the Journal. Sanctions against Russia could remove 1.4 million barrels per days of gasoline from the global supply. The result is higher refinery profits. For example, East Coast gasoline margins are up five-fold in the last two years — approaching $50 a barrel, noted the Journal. with its shares up 87% in 2022 — is Valero Energy which “engages in the manufacture and marketing of transportation fuels and other petrochemical products.” ... In the first quarter of 2022, Valero reported revenues up 89% to $37 billion — 20% more than analysts expected. Its profits soared 229% to $905 million — up 168% from the year before. " Oil refineries are making nearly five times as much money from refining petrol as they did year ago, data show. "Figures from the data company Refinitiv show how the business of refining oil has become so profitable in the past year. On the 8 June 2021, refiners were making $9.26 per barrel from refining petrol, and $6.84 per barrel refining diesel. On Wednesday, they were making $43.11 on petrol, up 366%, and $51.13 on diesel, up 648%. Figures published by BP, which owns a number of refineries in Europe and the US, shows its own measure of refining profits, the ‘Refining Marker Margin’, up from $7.7 dollars per barrel to $35.7 over the past year. US oil giant ExxonMobil owns a number of refineries, including Fawley in Hampshire, the UK’s largest. Last month the Financial Times quoted its chief executive Darren Woods as saying he did not think that the “very, very high margin environment” was “good for economies around the world.” Just as a tiger can't change its stripes. Brent just can't get past FOX talking points. i.e. Biden is responsible for gas prices. Edited June 14, 2022 by Phil1111 Quote Share this post Link to post Share on other sites
brenthutch 383 #233 June 14, 2022 nothing unusual Quote Share this post Link to post Share on other sites
brenthutch 383 #234 June 14, 2022 13 hours ago, headoverheels said: Back to the thread subject: Trump will be indicted. He has to be indicted, convicted and firmly ensconced behind bars. Only then will MSNBC cover something other than Trump 24/7 Quote Share this post Link to post Share on other sites
JoeWeber 2,294 #235 June 14, 2022 38 minutes ago, brenthutch said: He has to be indicted, convicted and firmly ensconced behind bars. Only then will MSNBC cover something other than Trump 24/7 They are covering the attempted overthrow of American democracy. It's a complete horror that so many on the right think a buck less a gallon of gas and minority rule is more important. 2 Quote Share this post Link to post Share on other sites
brenthutch 383 #236 June 14, 2022 5 minutes ago, JoeWeber said: They are covering the attempted overthrow of American democracy. It's a complete horror that so many on the right think a buck less a gallon of gas and minority rule is more important. No, I mean Trump has been a major topic of discussion on Morning Joe EVERY SINGLE DAY for the last six years. Honestly I don’t know how they would fill their programming day without him. Quote Share this post Link to post Share on other sites
kallend 1,620 #237 June 14, 2022 The Right Wing Grift Machine: https://www.washingtonpost.com/opinions/2022/06/14/jan-6-hearing-trump-fundraising-grift/ How the right wing pols have scammed the suckers who donate to them. Quote Share this post Link to post Share on other sites
JoeWeber 2,294 #238 June 14, 2022 2 minutes ago, brenthutch said: No, I mean Trump has been a major topic of discussion on Morning Joe EVERY SINGLE DAY for the last six years. Honestly I don’t know how they would fill their programming day without him. Then stop watching Morning Joe EVERY SINGLE DAY. I've watched some clips on news blogs but have never once watched a whole show. You can do it. Seriously. 2 Quote Share this post Link to post Share on other sites
ryoder 1,380 #239 June 14, 2022 53 minutes ago, JoeWeber said: Then stop watching Morning Joe EVERY SINGLE DAY. I've watched some clips on news blogs but have never once watched a whole show. You can do it. Seriously. I think you are thinking about this the wrong way; Time he spends watching TV, is time he isn't posting on here. To me that is a big plus! 2 Quote Share this post Link to post Share on other sites
Phil1111 908 #240 June 14, 2022 1 hour ago, kallend said: The Right Wing Grift Machine: https://www.washingtonpost.com/opinions/2022/06/14/jan-6-hearing-trump-fundraising-grift/ How the right wing pols have scammed the suckers who donate to them. Testimony was that the average donation was $17 from trump supporters. Brent is likely pissed that he donated $17,000 and didn't get the 10/1 matching donation like he was promised. Quote Share this post Link to post Share on other sites
JoeWeber 2,294 #241 June 14, 2022 56 minutes ago, ryoder said: I think you are thinking about this the wrong way; Time he spends watching TV, is time he isn't posting on here. To me that is a big plus! I don't know. I see him sitting with 10 screens monitoring 10 SC threads at a time wearing special glasses so he can watch FOX News like on a heads up display. Quote Share this post Link to post Share on other sites
brenthutch 383 #242 June 14, 2022 2 hours ago, kallend said: The Right Wing Grift Machine: https://www.washingtonpost.com/opinions/2022/06/14/jan-6-hearing-trump-fundraising-grift/ How the right wing pols have scammed the suckers who donate to them. Same can be said about BLM Quote Share this post Link to post Share on other sites
brenthutch 383 #243 June 14, 2022 (edited) 2 hours ago, JoeWeber said: Then stop watching Morning Joe EVERY SINGLE DAY. I've watched some clips on news blogs but have never once watched a whole show. You can do it. Seriously. It’s worth it when Democrat economist, Steve Rattner, says that Joe Manchin saved the the Country from hyperinflation by stopping BBB. I have an unhealthy addiction to schadenfreude. Edited June 14, 2022 by brenthutch Quote Share this post Link to post Share on other sites
ryoder 1,380 #244 June 15, 2022 2 hours ago, JoeWeber said: I don't know. I see him sitting with 10 screens monitoring 10 SC threads at a time wearing special glasses so he can watch FOX News like on a heads up display. What? No Newsmax or OAN? Quote Share this post Link to post Share on other sites
JoeWeber 2,294 #245 June 15, 2022 3 hours ago, brenthutch said: It’s worth it when Democrat economist, Steve Rattner, says that Joe Manchin saved the the Country from hyperinflation by stopping BBB. I have an unhealthy addiction to schadenfreude. Nah, you're just a very bored fellow. If you didn't have us, you'd be in desperate straits. You need to branch out and get a gig you'd be good at like running a gas station, teaching a class at Junior Achievement, or giving Mary a day off and holding the football. Quote Share this post Link to post Share on other sites
Phil1111 908 #246 June 15, 2022 13 hours ago, brenthutch said: It’s worth it when Democrat economist, Steve Rattner, says that Joe Manchin saved the the Country from hyperinflation by stopping BBB. I have an unhealthy addiction to schadenfreude. 9 hours ago, JoeWeber said: Nah, you're just a very bored fellow. If you didn't have us, you'd be in desperate straits. You need to branch out and get a gig you'd be good at like running a gas station, teaching a class at Junior Achievement, or giving Mary a day off and holding the football. He could be right Joe. In typical GOP behavioral traits "frequent schadenfreude can indicate a mental health condition. People with personality diagnoses such as antisocial personality may delight in the pain of others and have little regard for others' well-being." I'd have to check but this would be only the second time in a year that he's got something right. Quote Share this post Link to post Share on other sites
JerryBaumchen 1,046 #247 June 16, 2022 Hi folks, I consider myself an optimist; The glass is half full. However, there are times when one needs to be realistic: Confederate flag-toting man, son convicted in Capitol riot - POLITICO They tried it before a judge rather than a jury. That did not work. Next? Jerry Baumchen Quote Share this post Link to post Share on other sites
JerryBaumchen 1,046 #248 June 16, 2022 Hi folks, Nichols, a Trump appointee, also rejected Bannon’s claim that . . . Judge rejects Bannon’s effort to dismiss criminal case for defying Jan. 6 select committee - POLITICO So much winning. Jerry Baumchen Quote Share this post Link to post Share on other sites
headoverheels 291 #249 June 16, 2022 6 hours ago, JerryBaumchen said: They tried it before a judge rather than a jury. That did not work. Worked just fine. 2 Quote Share this post Link to post Share on other sites
brenthutch 383 #250 June 16, 2022 https://nypost.com/2022/06/14/ratings-slump-for-second-jan-6-hearing-as-around-10-million-tune-in/ I predict even fewer will tune in today. Quote Share this post Link to post Share on other sites