ecugringo

Chevron, shell, Exxon, p66…..

Been in the industry for 14 years. US Oil in the $50 range is barely profitable. Mid east different story. keep in mind when it slows down lots of other industries are hit. No new wells or pipelines no pipes or valves are ordered so steel production is hit. Welders, pipe fitters get hit, Caterpiller takes a hit etc….lot of downstream players beyond the super majors like chevron and Exxon. revenue % from production also funds many govt programs. also price of oil and fuel prices aren’t always related. That’s called the crack spread. A super major likes when oil is relatively low and fuel is high.

Just to clarify…..yes they have a ton of oil. But…..that oil is dog shit and only a few refineries in the us can process it. It’s worse than Canadian tar sand oil. cheap oil isn’t good for the oil industry. Just last yr chevron canned 7k ppl in Houston. The projections for 2026 aren’t great either.

Shoulder a cop like that and it’s assaulting an officer

A friend in the cargo world and knows a guy that flew that jet a week ago heard the flight was delayed 2 hrs for engine mx.

I recall the system goes to communism when all institutions are replaced by the full coop of the people and the system runs itself and there is no need for a govt etc…but full on communism never materialized because shocker nobody wanted to relinquish power money and control.

Democrats don’t think car jacking matter to Americans https://www.msn.com/en-us/news/opinion/social-media-erupts-after-dnc-speaker-says-migrant-crime-carjackings-don-t-matter-to-many-americans/ar-AA1LccmQ?cvid=31c93be822ad4639a62ec05ea3b5c238&ocid=hpmsn

If they block Sunni oil nations….i see a coalition forming against the regime. 25% of the global supply flows through the straight

Gabbard now saying Iran is weeks away from nukes it is Fox News but an interesting take on the regional policy https://www.foxnews.com/opinion/trumps-unpredictable-middle-east-moves-actually-follow-brilliant-master-plan

They could sink some tankers and do quite a bit of damage. 25% of global crude passes through.

USN needs to control the straight ASAP if they haven’t already. if the IAF is unopposed this early I see a scorched earth policy unfolding

So I read Gabbard testified that Iran was not starting their Nuke program. Trump is telling Iran to surrender unconditionally. wild times

Read the stories in the article. Really ed up the amount of lying involved. Dudes were charged with more for having kids in the car. One guy saved a motorcyclists leg after a crash he witnessed. Said cop thinks he smells like beer and arrests him on the scene. Still gotta lawyer up and go through due process.

Yeah pretty f’d up i read a court appearance counts as overtime and some are “gaming” the system and can clear $300k as a cop

https://www.coloradoan.com/story/news/2023/05/05/ex-fort-collins-police-officer-faces-lawsuit-alleging-false-dui-arrests/70188781007/ this dude made 17 false dui arrest over 2 years.