Gas is now under $3

94,539 Views | 1211 Replies | Last: 3 hrs ago by ToddyHill
AggieVictor10
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BrazosDog02 said:

AggieVictor10 said:

BrazosDog02 said:

Kids, I hope your powder is dry, your rations are high, and your resolve is strong because **** is going to get pretty gnarly for a bit.


Doesn't sound like a golden age.


You have to out the red maga hat on and you'll see the light.


Waste of money.
“…What?”

- Joe Biden
AGHouston11
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BrazosDog02 said:

Kids, I hope your powder is dry, your rations are high, and your resolve is strong because **** is going to get pretty gnarly for a bit.


So two more weeks
Serious Lee
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BrazosDog02 said:

Kids, I hope your powder is dry, your rations are high, and your resolve is strong because **** is going to get pretty gnarly for a bit.

prepping was alot more satisfying before doomsday started to become a reality. "we're gonna need a bigger bunker"
sts7049
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JamesE4 said:

nortex97 said:

BigRobSA said:

nortex97 said:

BigRobSA said:

Biden was a ****ing tard, no doubt. He's been out of office for at least 2 yrs now ( not officially, but YKWIM), the constant blame of "the last guy" gets tiresome. Especially when "the current guy" is doing his damnedest to goat **** things up worse.

Refineries can't be re-opened/rebuilt in a few months. It takes consistent governance. And we aren't protecting the Russian refineries. And Newsom (Democrat policies on a state-level) has continued to drive significant capacity reduction.
Quote:

From the 2020 peak the decline is roughly 816,000 b/cd (about 4.3%). Recent losses (LyondellBasell Houston and Phillips 66 Los Angeles in 2025) account for most of the drop after 2024.

Lyondell closure was planned prior to Trump's inauguration.


And, again, it's been almost 2 years. More than a few months.

We all know it takes time. We'll, it's been some time. Has anyone started working towards them getting up and running?

Again I think your perception of timelines for these projects are not in alignment with my own. Yes, is the short answer. Notably, the war on fossil fuels of the Biden administration continues in various corners, not just California, Europe, or Russia.

Specifically, America First Refining in Brownsville, Texas is the highest-profile new project. It's been publicly highlighted, since around March as the first major new U.S. refinery in around 50 years. Their planned capacity is about 168,000 bpd, designed for domestic light shale crude, producing gasoline, diesel and jet fuel. Construction start targets have been given as late 2027 after FEED. Mechanical completion is targeted for late 2028 with first full year of operations in 2029. That's just about as fast as a new refinery can be planned/constructed (in a red state), and I'd expect delays to follow, realistically.

The Lyondell facility is now going to be used to recycle plastics. There are some expansions such as a few hundred million in a Citgo Lake Charles facility (which also won't be implemented/completed until 2029) and if we do get a major deal for Canadian tar sands I'd expect more announcements but these things happen over the course of 5+ years, not on the basis of 20 months of policy change.

As Chris Wright stated this am on Fox News Sunday (too lazy to look this up for video), these are multi-decade investment decisions (including Venezuela) and it's not something that happens in a year or two, let alone a few months.

This post is spot on - if America First Refining achieves start up in 2029, that will be a record for fastest operation of a grass roots refinery after completion of FEED phase.

Others are also looking at Gulf Coast capacity expansion, driven by the current high margins, but they will take even longer.

it is also important to note that due to significant inflation since 2019 (thanks, Biden and those enabling all the fraud) we should be hitting record prices for diesel and gas. Stock market and wages are at record highs, so most can afford higher prices. Most of Trump's policies will drive down diesel and gas prices on an inflation adjusted basis long term




actual refinery numbers

nortex97
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Watching a top line number impacted by Newsom (to be fair California's long term goal to destroy refining in the state) and Fauci flu is fairly absurd to lay at Trump's feet, but you do you.

Quote:

How many oil refineries were there in Calif when you were sworn into office? (18)

How many are there today? (11)

How many gallons of gas did Calif produce when you were sworn into office? (14.5 billion gallons)

How many gallons of gas does Calif produce today? (11.5 billion).

Gavin Newsom -- closed 7 refineries and reduced production of gasoline in Calif by more than 20%

Trump didn't do that -- gasoline refining is a state level business.


Newsom did it.

sts7049
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i simply gave you the numbers. i didn't make statements about who was responsible, if you disagree take it up with Mr Global.
EFR
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RBV6 up to 3.30 which puts us solidly above $4 at the pump in the near future.
Logos Stick
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siap...

BREAKING: US diesel prices surge above $5.90/gallon for the first time in history, with prices in some states now above a record $8.00/gallon.

BigRobSA
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Idiotic
Queso1
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Diesel may be well over $5.00 but at least gasoline is under $3.00.
BigRobSA
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Queso1 said:

Diesel may be well over $5.00 but at least gasoline is under $3.00.

ToddyHill
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Quote:

Diesel may be well over $5.00 but at least gasoline is under $3.00.

All those drivers of 18 wheelers may have a different perspective.
3rd Coast
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Definitely worth it

/sarcasm
Queso1
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lol. Just going off the OP
No Spin Ag
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Logos Stick said:

siap...

BREAKING: US diesel prices surge above $5.90/gallon for the first time in history, with prices in some states now above a record $8.00/gallon.



Looks like Trump found another way to get into the history books.

The wrong way, but still.
There are in fact two things, science and opinion; the former begets knowledge, the later ignorance. Hippocrates
No Spin Ag
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ToddyHill said:

Quote:

Diesel may be well over $5.00 but at least gasoline is under $3.00.

All those drivers of 18 wheelers may have a different perspective.

I keep forgetting real people are actually paying that much for fuel.

Are those drivers having to swallow that cost, or are their companies taking the hit?

I know someone ultimately is paying for it; I just hope it's not the driver.
There are in fact two things, science and opinion; the former begets knowledge, the later ignorance. Hippocrates
TitanAGGIE09
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No Spin Ag said:

ToddyHill said:

Quote:

Diesel may be well over $5.00 but at least gasoline is under $3.00.

All those drivers of 18 wheelers may have a different perspective.

I keep forgetting real people are actually paying that much for fuel.

Are those drivers having to swallow that cost, or are their companies taking the hit?

I know someone ultimately is paying for it; I just hope it's not the driver.


If they're an owner operator they're paying for it, but ultimately this cost is always pushed the end buyer.
Sq 17
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And margins are almost always impacted at every level
AGHouston11
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Sq 17 said:

And margins are almost always impacted at every level


And it's not just the trucking industry. Commercial fishing is another.
Sq 17
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And Shredding the pastures of goat weed is currently costing me more than I would like
2040huck
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[You can debate an issue without being disrespectful to other posters -- Staff]
ToddyHill
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Quote:

Are those drivers having to swallow that cost, or are their companies taking the hit?

When I was in Operations...and had dotted line exposure to trucking/transportation...I was told freight rates are comprised of three components...overhead/profit, labor, and fuel.

Obviously fuel charges vary...so when things got crazy we'd be invoiced a separate line item: fuel surcharge.

Just my take...one may be paying less than $3 per gallon on fuel...but the cost of diesel is definitely factored in to the prices one pays for their goods. Just my opinion...
 
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