Actually they reduced their capacity by 20% due to the pandemic

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May 20, 2022
8:52:48am

byukarl All-American

Actually they reduced their capacity by 20% due to the pandemic

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byukarl

Bio page: byukarl
Joined: Apr 15, 2003
Last login: May 21, 2024
Total posts: 28,025 (693 FO)

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Messages

Author

Time

So what is the main factor for the increase in fuel? Any actual good articles

Cougar TD

5/20/22 8:45am

COVID is the main cause of it all with lots of secondary causes.

Baron

5/20/22 8:48am

Some of the factors would include

Indy Coug

5/20/22 8:48am

On 4 why would OPEC have any incentive if we refuse to open up more options for

kotacoug

5/20/22 8:57am

The oil companies are not fully utilizing the leased lands they have.

Archaea

5/20/22 9:03am

Who wants to invest Capital in those things when the policies and position of

kotacoug

5/20/22 9:53am

Why would they drill more if there isn't enough refining capacity? This problem

Abe Froman

5/20/22 10:12am

Anything to deflect where the problem is

kotacoug

5/20/22 10:19am

Agreed. Big Oil companies have locked up significant land that they

Archaea

5/20/22 10:37am

My understanding is that it’s not the crude oil that is the problem but the

stenso

5/20/22 8:51am

Actually they reduced their capacity by 20% due to the pandemic

byukarl

5/20/22 8:52am

I posted one yesterday

byukarl

5/20/22 8:52am

Refining capacity is only half the picture.

5/20/22 3:24pm

Here is one.

HuskerFan2

5/20/22 8:53am

So, is there less available refined fuel now? Is fuel consumption down?

Doogal McCougar

5/20/22 8:58am

less fuel available and demand has been up

byukarl

5/20/22 9:00am

I follow a guy in the industry on Tik Tok

newbie

5/20/22 9:08am

1) Joe Biden. 2) Joe Biden. 3) Joe Biden. 4) Joe Biden.

Socrates Johnson

5/20/22 8:58am

Wow. What a joke. Hopefully America responds

TNT

5/20/22 8:59am

RE: 1) Joe Biden. 2) Joe Biden. 3) Joe Biden. 4) Joe Biden.

novacoug1

5/20/22 9:02am

It is sad that his main answers to high prices

I'mBatman

5/20/22 9:17am

The loss of energy independence. When you are independent you set your own

Adwight

5/20/22 9:01am

Oil and finished fuels is a global marketplace.

JuicyJam

5/20/22 9:22am

Bidens policies

outsidethebubble

5/20/22 9:09am

Corporations gauging consumers, after a mild uptick in cost from supply chain &

Revolution

5/20/22 9:17am

Sounds like the Democrats

I'mBatman

5/20/22 9:26am

You think this is making an argument for MORE government involvement with

kotacoug

5/20/22 9:49am

"Nationalizing of such an important resource for the nation"

HuskerFan2

5/20/22 9:51am

Petro Canada…. FTW lol

kotacoug

5/20/22 9:53am

With the Biden administration in charge I was thinking PDVSA

HuskerFan2

5/20/22 10:18am

Hilarious that the argument is that the Keystone pipeline wouldn’t have helped w

pegushin

5/21/22 7:46am

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