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Joined: Mar 2010
Posts: 24,269 Likes: 10
Campfire Ranger
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Campfire Ranger
Joined: Mar 2010
Posts: 24,269 Likes: 10 |
Good to see oil prices up. It is. Im pretty heavy into energy stocks now. Bought a bunch last April when oil dropped below zero dollars a barrel. I was a dumb grunt in the military And Im no rocket surgeon
Last edited by ribka; 01/12/21.
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Joined: Jan 2012
Posts: 3,150
Campfire Tracker
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Campfire Tracker
Joined: Jan 2012
Posts: 3,150 |
Same here. Invested every bit I could since the start of Covid. NASA isn’t upset that I am not working for them....but Stevie Wonder can see opportunity in the heavily depressed energy market.
Yup.
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Joined: Feb 2001
Posts: 50,637
Campfire Kahuna
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Campfire Kahuna
Joined: Feb 2001
Posts: 50,637 |
IIRC on our last trip to Anchorage, it was considerably higher than down here. It is usually the other way around.
I may not recall correctly, but I think it was $3.85 at Girdwood where we fueled up on our way home, and about 3.55 here.
Prices om Maui were about the same as Anchorage, and those are usually higher than ANC. Sarah did us no favors on gas taxes.
Mark Begich, Joaquin Jackson, and Heller resistance... Three huge reasons to worry about the NRA.
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Joined: Mar 2010
Posts: 24,269 Likes: 10
Campfire Ranger
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Campfire Ranger
Joined: Mar 2010
Posts: 24,269 Likes: 10 |
Same here. Invested every bit I could since the start of Covid. NASA isn’t upset that I am not working for them....but Stevie Wonder can see opportunity in the heavily depressed energy market. Gosh oil is at negative $28 dollars a share. I wonder if its a good buy now? Ding ding ding ding ding ding I even bought some Ford when it dropped below 5 bucks a share like I did in 2009 when it dropped below 2 bucks a share.
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Joined: Mar 2010
Posts: 24,269 Likes: 10
Campfire Ranger
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Campfire Ranger
Joined: Mar 2010
Posts: 24,269 Likes: 10 |
Same here. Invested every bit I could since the start of Covid. NASA isn’t upset that I am not working for them....but Stevie Wonder can see opportunity in the heavily depressed energy market. Gosh oil is at negative $28 dollars a share. I wonder if its a good buy now? Ding ding ding ding ding ding "Excuse me sir would you like to quadruple your money this year?" lol I even bought some Ford when it dropped below 5 bucks a share like I did in 2009 when it dropped below 2 bucks a share.
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Joined: Sep 2004
Posts: 14,180 Likes: 1
Campfire Outfitter
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Campfire Outfitter
Joined: Sep 2004
Posts: 14,180 Likes: 1 |
Wait until Bidin takes over!!!
Well we're Green and we're Gold, and we play better when it's cold. All us Cheese heads have our favorite superstar. We love Brett Favre.
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Joined: Aug 2005
Posts: 28,259 Likes: 6
Campfire Ranger
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Campfire Ranger
Joined: Aug 2005
Posts: 28,259 Likes: 6 |
Good Lord........every time this theme comes up with the same line of ridiculous reasons why fuel prices go up (and down)l For the 500th time, all you have to do is check the price of a bbl of WTI(West TX Intermediate crude), a Wall ST traded commodity, and you will see why fuel does what it does. It's elementary.
It is irrelevant what you think. What matters is the TRUTH.
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Joined: Nov 2002
Posts: 33,743 Likes: 5
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2002
Posts: 33,743 Likes: 5 |
Rocket science Johnny but I look to the employment opportunities that higher oil prices drive. Some won't accept one and want the other...
Conduct is the best proof of character.
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Joined: Apr 2019
Posts: 344
Campfire Member
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Campfire Member
Joined: Apr 2019
Posts: 344 |
Oil is a four letter word. Yes I own oil wells and learned the business the hard way. Ain’t no integrity in the oil business. They’re barely one notch above chicken fighters and I question that. Lawyers,lobbyists, and politicians have controlled the the industry for 150 yrs. What could go wrong. They were the deep state before there was a deep state. We all know it. It would be a little easier if they didn’t put sand in the Vaseline. It’s gonna be a wild ride boys , don’t bend over. Grab your guns and protect the second amendment. MAGA
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Joined: Oct 2011
Posts: 8,573
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2011
Posts: 8,573 |
Consumption is down so prices go up.
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Joined: Aug 2005
Posts: 28,259 Likes: 6
Campfire Ranger
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Campfire Ranger
Joined: Aug 2005
Posts: 28,259 Likes: 6 |
Rocket science Johnny but I look to the employment opportunities that higher oil prices drive. Some won't accept one and want the other... Right on EdM.
It is irrelevant what you think. What matters is the TRUTH.
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Joined: Aug 2005
Posts: 28,259 Likes: 6
Campfire Ranger
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Campfire Ranger
Joined: Aug 2005
Posts: 28,259 Likes: 6 |
Consumption is down so prices go up. Not exactly. IF "consumption" were down, supply would rise and prices would go down. Inventory/supply data comes out every Wednesday, but prices from suppliers change daily based on the day's trading numbers.
It is irrelevant what you think. What matters is the TRUTH.
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Joined: Oct 2011
Posts: 8,573
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2011
Posts: 8,573 |
Maybe profits are down so prices go up;
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Joined: Feb 2002
Posts: 18,667 Likes: 1
Campfire Ranger
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Campfire Ranger
Joined: Feb 2002
Posts: 18,667 Likes: 1 |
another jump today in my neck of the woods
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Joined: Dec 2012
Posts: 1,353
Campfire Regular
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Campfire Regular
Joined: Dec 2012
Posts: 1,353 |
Filled up Sunday 1.85–Today fill up-2.29!
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Joined: Oct 2007
Posts: 14,275
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2007
Posts: 14,275 |
$1.97 at Fleet&Farm Green Bay this afternoon.
Its all right to be white!! Stupidity left unattended will run rampant Don't argue with stupid people, They will drag you down to their level and then win by experience
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Joined: Aug 2005
Posts: 28,259 Likes: 6
Campfire Ranger
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Campfire Ranger
Joined: Aug 2005
Posts: 28,259 Likes: 6 |
https://oilprice.com/Energy/Crude-Oil/Oil-Rises-On-Crude-Draw-Despite-Product-Builds.htmlCrude oil prices jumped further today after the Energy Information Administration reported a crude oil inventory draw of 3.2 million barrels for the week to January 8. This compared with an estimated draw of 5.82 million barrels from the American Petroleum Institute and analyst expectations of a draw totaling 2.72 million barrels. It also adds onto the inventory decline of as much as 8 million barrels reported for the previous week, which helped push oil prices higher.
It is irrelevant what you think. What matters is the TRUTH.
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Joined: Jan 2006
Posts: 69,409 Likes: 5
Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2006
Posts: 69,409 Likes: 5 |
It's only gone up a dime here in the last week.
“In a time of deceit telling the truth is a revolutionary act.” ― George Orwell
It's not over when you lose. It's over when you quit.
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