Why would anyone that is already buying Iranian oil be denied? Do you still have your Ukraine flag out in the front yard too?Iran isn't on the list...
Correct. Saudi Arabia (4%) and Iraq (3%) are.
But the fact that we don't buy much from them does not displace the fact that others *do*.
Those others will be seeking other sources during the disruption, and may well buy from us ...
which means competing (on price and capacity) with American drivers for the fuels that we refine, import and export.
--dick
You think it will be faster than in Afghanistan?That won't take long.....
Out of interest, what station do you use?I just filled my Sprinter @ $3.76 per gallon. The last time I filled it, at the same station, it was $3.49.
You didn't expect that?The previous YouTube i linked to described the way the money and command flows in terms of vessel traffic in Hormuz.
Today's update: (including economics, the ship-hit is only a tiny bit of the posting)
--dick
So, you are a fan of communism, then?You didn't expect that?
As soon as it becomes a big problem, it will probably be eliminated.
They are lobbing missiles at everyone right now....
BTW we (US) are supposed to be protected from the world oil market, especially Alaska oil which specifically was guaranteed to never be on the global market, it was only for us, not sure how BP got their mitts on it, more than likely there are a lot more suitcases of cash changing hands with our politicians.....
You think it will be faster than in Afghanistan?
According to that article, 20% of the global oil goes through the straights of Hormuz.
Great, so their navy isn't there. I didn't know their navy had aircraft carriers, craft from the air being the main threat.
Out of interest, what station do you use?
Oil is a global commodity, and the price is set on the global market. US oil trades at global prices.Oil is (mostly) fungible ... if other countries are willing to pay a higher price, we'll export it to them instead of self-consumption.
(the same is true for refined products)
--dick
I used to use the BP on 73 coming off Betsy Ross, they were always one of the cheapest, but that was years ago.It's just out of convenience. Wawa diesel was almost $.50 more per gallon.![]()
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We had a BP on 70 that was my go-to but they closed.I used to use the BP on 73 coming off Betsy Ross, they were always one of the cheapest, but that was years ago.
In what regardThe fuel price situation resulting from the activities that commenced yesterday will probably have an effect on the midterm election
ветер в голове.In what regard
Don't ruin this thread. stop it.So, you are a fan of communism, then?
Whose ruining the thread? Attempting to have a centrally planned, artificially set gas price is a step towards socialism.Don't ruin this thread. stop it.
Now Green will only go there to dine on his $2000.00 a month dining out budget.It's just out of convenience. Wawa diesel was almost $.50 more per gallon.![]()
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