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Thread: OIL..

  1. #731

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    $47.25........................
    x3

  2. #732

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    $46.70....................
    x3

  3. #733

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    25 Oil Tankers Stuck In Gulf, Unable To Offload Due To Harvey Port Closures

    http://www.zerohedge.com/news/2017-08-29/25-oil-tankers-stuck-gulf-unable-offload-due-harvey-port-closures

    According to ship-tracking data compiled by Bloomberg, coupled with MarineTraffic real-time tracking, at least 25 tankers carrying almost 17 million barrels of imported crude oil are drifting near Texas and Louisiana ports, unable to offload because of closures from Tropical Storm Harvey.

    Source: MarineTraffic
    A Bloomberg further details, 20 Aframaxes, 3 VLCCs, 2 Suezmaxes are currently waiting off Texas ports of Corpus Christi, Freeport, Texas City, Houston and Galveston, as well as off Sabine Pass and Lake Charles, Louisiana. This is three more than the 22 ships that were "drifting" on August 28.
    Follows a description of the stuck tankers' cargo:

    • 6m bbl Mexican crude, including Maya
    • 4m bbl Saudi oil
    • 3.3m bbl Venezuela crude
    • 2m bbl from Iraq
    • 500k bbl Castilla from Colombia
    • 500k bbl Ostra from Brazil
    • 500k bbl Bonga from Nigeria
    What's the Frequency, Kenneth?

    432Hz

  4. #734

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    Anybody here tried Nigerian Bonga?

  5. #735

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    Quote Originally Posted by AnotherDave View Post
    Anybody here tried Nigerian Bonga?
    Sweeeeet, not sour at all.

  6. #736

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    $46.16... Gas Jumped to $2.65 here Yesterday.. Highest this year so far.
    x3

  7. #737

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    US Releases 500,000 Barrels Of Oil From Strategic Reserve As Largest US Refinery May Be Shut For 2 Weeks

    http://www.zerohedge.com/news/2017-0...-be-shut-2-wee

    The oil will be delivered to the Phillips 66 refinery in Lake Charles, Louisiana, a plant which has not been affected by the storm.

    The release - the first emergency release from the reserve since 2012 - will include 200,000 barrels of sweet crude and 300,000 barrels of sour crude oil. It was an exchange agreement, meaning the government will loan crude to Phillips 66, which is required to replace the reserve’s oil at a later date.

    The reserve, a legacy from the 1970s Arab oil embargo which caused panic over fuel supply, currently contains 679 million barrels of oil. It is a small release of crude for a country that uses nearly 20 million barrels of petroleum daily.

    Gas went up $0.10 a gallon here yesterday to $2.27 for E10 87 oct.
    What's the Frequency, Kenneth?

    432Hz

  8. #738

    Default

    gas went up 17 cents per liter here or 51 US cts/US gal

  9. #739

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    $49..........EXACTLY!!!! Gas Reached the Year's High (so far) here on Monday $2.79 a Gallon!
    x3

  10. #740

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    $50.70...............
    x3

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