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As Chinese Refiners Flood The World, Gasoline Tankers Pile Up In New York City Harbor
zerohedge ^
| Jul 13, 2016 9:33 PM
| by Tyler Durden
Posted on 07/13/2016 8:07:54 PM PDT by dennisw
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1
posted on
07/13/2016 8:07:54 PM PDT
by
dennisw
To: dennisw
China??? sending us tanker ships of gasoline??? I never heard of such a thing. It’s a brave new world economy out there.
Maybe gasoline prices will go down
2
posted on
07/13/2016 8:09:44 PM PDT
by
dennisw
(The strong take from the weak, but the smart take from the strong)
To: dennisw
3
posted on
07/13/2016 8:12:52 PM PDT
by
HiTech RedNeck
(Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
To: dennisw
That means the price of oil and gas should crash. I’m glad I got the hell out of the industry. That’ll mean more layoffs at Schneider Electric and similar companies.
4
posted on
07/13/2016 8:20:14 PM PDT
by
Snowybear
To: dennisw
Wonder what the quality of the product is?
Could be piss water too.
5
posted on
07/13/2016 8:23:22 PM PDT
by
headstamp 2
(Fear is the mind killer.)
To: dennisw
Maybe gasoline prices will go down I think they will go down and by December 1, prices will be at $1.40 a gallon here in the states.
6
posted on
07/13/2016 8:28:36 PM PDT
by
Mr Apple
( HILLARY CLINTON > COOKIES, CHOCOLATES, DESSERTS & JARS & JARS OF CASHEWS.....the WALRUS LOOK)
To: dennisw
Gasoline is consumed at such a rapid rate that a temporary influx is just that...even a few months maybe, but we burn it up pretty rapidly!
7
posted on
07/13/2016 8:30:50 PM PDT
by
terycarl
(COMMON SENSE PREVAILS OVER ALL)
To: dennisw
Already down about a dollar/gallon in a month around Jersey - this helps explain why....
To: Intolerant in NJ
Regular unleaded just broke below $2.00 a gallon here this week. $1.97.
To: RegulatorCountry
In the $1.80’s around here this week....
To: dennisw
It would be nice to get rid of te ethanol added to our gasoline. I can dream, can’t I?
11
posted on
07/13/2016 9:05:56 PM PDT
by
wjcsux
("In a time of universal deceit, telling the truth becomes a revolutionary act." - George Orwell)
To: Snowybear
I hope it crashes and burns for personal reasons....I have an inlaw who every time I talk with her she has to throw it in my face about her oil money, her oil land, etc...every single stinking time.....
12
posted on
07/13/2016 9:24:08 PM PDT
by
cherry
To: Intolerant in NJ
Paid $1.89 in Sioux City today.
13
posted on
07/13/2016 9:25:05 PM PDT
by
cherry
To: cherry
Paid $1.89 in Sioux City today. Just think what it would be without the Branstad Tax tacked on.
To: cherry
15
posted on
07/13/2016 9:39:52 PM PDT
by
Graybeard58
(There's a race war raging, I didn't start it but I have chosen sides.)
To: dennisw
The Dems can claim the low gas prices are because of Obama’s economic policy this election.
16
posted on
07/13/2016 10:26:03 PM PDT
by
piasa
To: dennisw
I forget. Contango is when further futures months are higher or lower? Since higher is the norm, I woudl assume lower.
17
posted on
07/13/2016 11:01:45 PM PDT
by
dp0622
(The only thing an upper crust conservative hates more than a liberal is a middle class conservative)
To: EternalVigilance
Right around $2.60/gas here in SE Washington ;-(
Ed
18
posted on
07/13/2016 11:59:24 PM PDT
by
husky ed
(FOX NEWS ALERT "Generalissimo Francisco Franco is still dead" THIS HAS BEEN A FOX NEWS ALERT)
To: dp0622
Yes,
Contango = lower future prices
Normal Backwardation = higher future prices
19
posted on
07/14/2016 1:31:28 AM PDT
by
oblomov
(We have passed the point where "law," properly speaking, has any further application. - C. Thomas)
To: oblomov
Doesn’t bode well for oil prices stayin/going up.
20
posted on
07/14/2016 1:32:31 AM PDT
by
dp0622
(The only thing an upper crust conservative hates more than a liberal is a middle class conservative)
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