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Key US oil supplier may cut off spigot Sunday (Nigeria affects US prices and biggest export - fuel)
News Tribune ^ | 1/14/12 | CHRIS KAHN

Posted on 01/14/2012 5:13:09 PM PST by Libloather

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To: stylin19a

3.04 ? I haven’t seen that in a over year in illinois


We’re some where in the middle. Some places are higher and some places lower.


41 posted on 01/14/2012 9:30:47 PM PST by unkus (Silence Is Consent)
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To: JRandomFreeper
Texans benefit most.

With the politicians convincing the Chinese to invest over a billion in South Texas oilfields, with dozens of new rigs coming online this year as a result, you maybe more right than you think.

2012 will be an interesting year for the oil and gas industry.
42 posted on 01/14/2012 10:33:43 PM PST by af_vet_rr
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To: Drango

Should Raise the price of grain and other food stuff to this craphole.
Thanks to all the liberals who wont allow us to drill here.We are whores to tinpot dicators and third world cesspools.


43 posted on 01/15/2012 12:35:32 AM PST by Yorlik803 (better to die on your feet than live on your knees.)
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To: Libloather

This is precisely what the Usurping Marxist wants. By that I mean creating economic chaos in America. The fastest way to do that is to cut off or reduce America’s oil supply. Her’s neatly put us in this position by blocking every attempt that’s been made to make America petroleum self-reliant.

That’s what the so called Arab Spring was all about—disrupting America’s access to Middle East oil. That didn’t pan out for him so now he declares the Iraq WOT over. Goal: Destabilize Iraq and other so-called moderate Arab states so as to cut off or constrict America’s access to Middle East oil. Onada will keep working this until he succeeds in creating the kind of chaos the Marxists need to retain power in Washington. The Marxists are paniced now. It will be a wild ride up to and through the pres. election cycle.


44 posted on 01/15/2012 2:49:09 PM PST by dools0007world
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To: okie01

I have to wonder by how much this will cut down on our exports if this does go on for any length of time. Higher prices is one thing, but this could end up causing a run on refined product in varoius places over a long enough period of time.


45 posted on 01/15/2012 5:03:28 PM PST by DarkWaters ("Deception is a state of mind --- and the mind of the state" --- James Jesus Angleton)
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To: DarkWaters
Higher prices is one thing, but this could end up causing a run on refined product in varoius places over a long enough period of time.

It's hard to have a "run" on products that would require 500 gal. storage tanks.

46 posted on 01/15/2012 5:11:23 PM PST by okie01 (THE MAINSTREAM MEDIA: Ignorance On Parade)
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To: tacticalogic

“I have to wonder if it isn’t being orchestrated to manufacture a “gas crisis” during the run-up to election, that Obama will “save” us from just in time to get the maximium propaganda value out of it.”

That might be part of his plan, but as I recall the market bubbles burst in 2008 as a result of sustained spikes in energy prices. Another energy price shock would send a weak economy further into an already continuing recession. With all his other terrible economic policies, there is no way the economy recovers before November.


47 posted on 01/15/2012 5:17:48 PM PST by henkster (Obama regime mission statement: "Find the people working, and stop them!")
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To: okie01

Think larger scale, think regionaly, including transportaiton methods, and not locally. Run in this case caused by shortages and human psychology. The region(s) hit try to bid the price up in an effort to get a hold of the product. If it happens over enough time, others will come in and bid it up and try for delievery even store it on ships as we have seen with crude oil in the past. Of course that could then lead to a run, certaily not on 500 gallon tanks, but more like tanker ships and countries who refine it not as likely to sell it. Supplies of crude are tight enough that this could happen with enough time.


48 posted on 01/15/2012 6:59:55 PM PST by DarkWaters ("Deception is a state of mind --- and the mind of the state" --- James Jesus Angleton)
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To: Libloather

Two words, Boku Harem.” Get rid of the wahabi backedd terrorists and you have freee flowing oil. But Obama’s fighting The Lords Army as muslims murder even more Christians in Uganda. God Help them because no one else seems to be able to do a thing either financially or militarily. TY BlObama


49 posted on 01/15/2012 10:32:49 PM PST by Karliner ( Jeremiah 29:11, Romans 8:28, Romans 8:38"...this is the end of the beginning."WC)
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To: okie01

A bit to several others over the years.

Finished Motor Gasoline Exports by Destination
http://www.eia.gov/dnav/pet/pet_move_expc_a_EPM0F_EEX_mbblpd_m.htm

50 posted on 01/16/2012 5:29:23 AM PST by thackney (life is fragile, handle with prayer)
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To: Libloather

The prices above were shown on SF KTVU this morning. They are blocking the prices of the higher grades which were over $5/gallon.

Remember the hate America Enviros have wanted $5/gallon for gas for years. If our economy was recovering, this will drive a wooden stake into its heart!

51 posted on 02/21/2012 11:19:12 AM PST by Grampa Dave (ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
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