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Misc This Means WAR

howboutthemdawgs said:
Im in the housing market, during the covid boom builders made record margins on product. They had a reason and ran with it. Zero moral guidance to protect the average homebuyer. Which is fine, not really their burden I suppose.
I have to believe this is exactly what the oil companies are doing right now. All this negativity is their dream. Every media outlet, message board, coffee shop talk is about the state of gas/oil/diesel, they are actively egging this on because my god I can’t imagine the margins that are being accrued right now.
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Bingo!

The AI / Big Tech is doing the same thing.
 
GaWx said:
It’s still near $93. Of course, many gas stations take their sweet old time in brining prices down after crude futures fall although there are some that don’t waste time and aim to be the lowest.
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Here's what ii don't understand. The prices go up immediately when oil futures rise but the gas is already in the ground. The gas you bought yesterday was not refined from oil that was above $100 yet they charged you as if it was.
 
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GaWx said:
It’s still near $93. Of course, many gas stations take their sweet old time in brining prices down after crude futures fall although there are some that don’t waste time and aim to be the lowest.
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In this period we're in the price of oil has less bearing on retail gas/diesel prices than at any point since deregulation decades ago. The paper price is just a future price. Spot prices are still around $130 for actual physical oil deliveries to the refinery. Increasingly due to releases of reserves and other financial meddling it's divorced quite a bit from the price of real oil you get delivered. Crack spread also factors in to this. It's primarily a gauge of refining utilization but also gives a window into the real price of oil.

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Side note if you really want to destroy the market, let the politicians go ahead with restricting exports of diesel. We import a ton of oil more suitable to refine into diesel than our stuff extracted here. Those places often get refined product returned to them at a slightly lower price than they'd otherwise pay. Some folks refer to this as "trade." Shut off exports and the price wont decrease, it'll increase because the refineries will pump out more gasoline and less diesel.
 
Laugh Lol GIF
 
YetAnotherRDUGuy said:
Sigh. Man I remember that too. Doesn't seem that long ago, but it kinda was in some ways.
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📊 U.S. Annual Average Gas Prices (2020–2025)

    • 📅 2020: $2.24 per gallon (demand dropped during the COVID-19 pandemic) [1]
    • 📅 2021: $3.13 per gallon (economic recovery increased demand) [1]
    • 📅 2022: $4.19 per gallon (peaked due to the Russia-Ukraine conflict and supply constraints) [1, 2]
    • 📅 2023: $3.77 per gallon (prices began to cool off) [1]
    • 📅 2024: $3.58 per gallon (steady downward trend continued) [1]
    • 📅 2025: $3.40 per gallon (lower crude oil costs and stable refinery output

    • I haven't paid over$3.98 in Ga. Those $2 prices were not during or due to Biden


  • 📊 Annual U.S. Average Gas Prices (2016–2020)

    📅 Year💵 Average Price (Per Gallon)📈 Trend / Context
    2016$2.14Remained low following the 2015 oil market slump.
    2017$2.42Gradual economic recovery increased crude oil demand.
    2018$2.72Peaked due to rising global crude oil prices.
    2019$2.60Slight dip as global manufacturing and oil demand softened.
    2020$2.17Plunged sharply due to pandemic-related travel restrictions.
 
boobear said:
📊 U.S. Annual Average Gas Prices (2020–2025)

    • 📅 2020: $2.24 per gallon (demand dropped during the COVID-19 pandemic) [1]
    • 📅 2021: $3.13 per gallon (economic recovery increased demand) [1]
    • 📅 2022: $4.19 per gallon (peaked due to the Russia-Ukraine conflict and supply constraints) [1, 2]
    • 📅 2023: $3.77 per gallon (prices began to cool off) [1]
    • 📅 2024: $3.58 per gallon (steady downward trend continued) [1]
    • 📅 2025: $3.40 per gallon (lower crude oil costs and stable refinery output

    • I haven't paid over$3.98 in Ga. Those $2 prices were not during or due to Biden


  • 📊 Annual U.S. Average Gas Prices (2016–2020)

    📅 Year💵 Average Price (Per Gallon)📈 Trend / Context
    2016$2.14Remained low following the 2015 oil market slump.
    2017$2.42Gradual economic recovery increased crude oil demand.
    2018$2.72Peaked due to rising global crude oil prices.
    2019$2.60Slight dip as global manufacturing and oil demand softened.
    2020$2.17Plunged sharply due to pandemic-related travel restrictions.
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The $2 a gallon thing was more referencing pre 9/11 and 2000s, not the past decade. That was what I meant by it didn’t seem like that long ago, but it was in many ways.

The post before that was referencing the difference in the current calendar year.
 
YetAnotherRDUGuy said:
The $2 a gallon thing was more referencing pre 9/11 and 2000s, not the past decade. That was what I meant by it didn’t seem like that long ago, but it was in many ways.

The post before that was referencing the difference in the current calendar year.
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When I started driving in 1999 I remember finding it for $.70 in Woodstock one time.
 
If we trust the NYTs, looks like 16 million barrels of oil get out of the Middle East daily vs 19 million before the war. Iran better pull out those secret, super, satan killing weapons soon.

And....

Screenshot_20260930_185415_Firefox~2.jpg
 
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Snowfan said:
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There’s a LOT of chatter/speculation in recent years that modern Russia wants to bring back the equivalent of the Soviet Union/Warsaw Pact, but without communism.

Not sure how likely invading Latvia and/or Lithuania is. I will note they are in NATO and the EU, so yes, it would cause a major ruckus. Might just be Russia testing the electric fence if its operational if that makes any sense.
 
YetAnotherRDUGuy said:
There’s a LOT of chatter/speculation in recent years that modern Russia wants to bring back the equivalent of the Soviet Union/Warsaw Pact, but without communism.

Not sure how likely invading Latvia and/or Lithuania is. I will note they are in NATO and the EU, so yes, it would cause a major ruckus. Might just be Russia testing the electric fence if its operational if that makes any sense.
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Honestly warnings and worry about the Russians is the new hand wringing over the new monthly Covid variant that was sure to kill us all.

I don't think any nation has proved to be more of a paper tiger over the last fifty years than Russian. Shocked me at least.
 
Arcc said:
Honestly warnings and worry about the Russians is the new hand wringing over the new monthly Covid variant that was sure to kill us all.

I don't think any nation has proved to be more of a paper tiger over the last fifty years than Russian. Shocked me at least.
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Russia was very much considered a part of Europe Pre WW1 economically and culturally. Had wars with other European powers, but also had alliances.

That all changed in the 1920s. Many thought it was due to Cold War and ideological concerns with Communism. But since 1991, that no longer applies. I think it’s odd Russia still considers most of Europe as the enemy since then. Especially now that our relations with Europe aren’t exactly on the best of terms.

BTW, I would agree with the paper tiger comment to some extent, but it’s a bit nuanced and I think separate from Russia’s intent. (I mean Russia doesn’t consider themselves one, right?) Just because they are one doesn’t mean we should expect them to act like one.

Just curious, what’s the last fifty 50 years reference? Afghanistan invasion?
 
YetAnotherRDUGuy said:
Russia was very much considered a part of Europe Pre WW1 economically and culturally. Had wars with other European powers, but also had alliances.

That all changed in the 1920s. Many thought it was due to Cold War and ideological concerns with Communism. But since 1991, that no longer applies. I think it’s odd Russia still considers most of Europe as the enemy since then. Especially now that our relations with Europe aren’t exactly on the best of terms.

BTW, I would agree with the paper tiger comment to some extent, but it’s a bit nuanced and I think separate from Russia’s intent. (I mean Russia doesn’t consider themselves one, right?) Just because they are one doesn’t mean we should expect them to act like one.

Just curious, what’s the last fifty 50 years reference? Afghanistan invasion?
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No, just a quick observation from my personal perspective. Growing up, enjoying military sims and literature, I've always thought while Russia was obviously good ways behind the US military, they were still formidable besides the nuclear angle. I think that has taken a significant hit over the past five years.
 
Been trying to keep up with this over the weekend. Not on main stream news. But hey its the weekend lol.

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Latest ive seen today. Just now digging back into this.


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YetAnotherRDUGuy said:
There’s a LOT of chatter/speculation in recent years that modern Russia wants to bring back the equivalent of the Soviet Union/Warsaw Pact, but without communism.

Not sure how likely invading Latvia and/or Lithuania is. I will note they are in NATO and the EU, so yes, it would cause a major ruckus. Might just be Russia testing the electric fence if its operational if that makes any sense.
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Russia may want to go to Mars but that's about as likely as them regaining anything resembling a sphere of influence. On the Baltic states they were never as integrated into the USSR as Ukraine was so good luck with that hostile of a population, nevermind the technical resistance they'd face.
 
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