Skip to comments.
Trump says U.S. 'looking to' add as many as 75 million barrels to Strategic Petroleum Reserve
Marketwatch.com ^
| April 20, 2020
| Robert Schroeder
Posted on 04/20/2020 3:38:57 PM PDT by abb
click here to read article
Navigation: use the links below to view more comments.
first previous 1-20, 21-40, 41-60, 61-72 last
To: stremba
Dont forget that taxes make up a fairly large share of gasoline prices in many states. I hadn't thought of it at the time, but of course that's the case. It wouldn't surprise me to see taxes on gasoline actually go up.
61
posted on
04/20/2020 5:51:07 PM PDT
by
Mr Ramsbotham
("God is a spirit, and man His means of walking on the earth.")
To: RedStateRocker
“Just in time” practices are the reason people can’t find TP or hand sanitizer. Or parts when needed. This practice was born out of necessity due to the Clinton Tax Bill from the early 90's of Taxing Inventory On Hand.
62
posted on
04/20/2020 6:01:44 PM PDT
by
fedupjohn
(Waiting for Trump's new Caribbean Resort "Club Gitmo" to open for business!)
To: butlerweave
Some people here on FR were pushing that non-sense just a few years ago.
63
posted on
04/20/2020 6:06:36 PM PDT
by
packrat35
(Pelosi is only on loan to the world from Satan. Hopefully he will soon want his baby killer back)
To: butlerweave
Its not too long til the gas is gone
Pure water is all dried up
Then we wont be the only ones
Crying in our empty cup
Call to Arms and Legs, Head East, 1977
64
posted on
04/20/2020 6:07:34 PM PDT
by
Rastus
To: DannyTN
As I understand it he is looking at some type of payment-in-kind. The SPR effectively rents space and takes payment in oil. Last time I looked there was about 77MMBbls of outage roughly half Light Sweet and half Heavy Sour. You can look it up by gong to the SPR website.
65
posted on
04/20/2020 7:05:52 PM PDT
by
ProclaimLiberty
(Everyone is entitled to my opinion)
To: Enterprise
They dumped to about -$37 yesterday (closed above -$30)...case of a lot of folks trying to leverage a chance to make money off bad news and many got caught with their pants down around their ankles...futures are sitting just above 0 this morning.
66
posted on
04/21/2020 3:13:14 AM PDT
by
trebb
(Don't howl about illegal leeches, or Trump in general, while not donating to FR - it's hypocritical.)
To: trebb
To: JPJones
Blue states tend to slap tax after tax on gas. So even if the price of gasoline drops to near zero, it will still be around $2 a gallon in blue states like Connecticut, New York, New Jersey...
To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; cardinal4; ColdOne; ...
Works out as a bit of stimulus.
69
posted on
04/21/2020 6:59:00 AM PDT
by
SunkenCiv
(Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
To: magna carta
The airlines can’t store JP fuel for more than a couple years.
70
posted on
04/21/2020 7:38:51 AM PDT
by
backwoods-engineer
(Politics is the continuation of war by other means. --Clausewitz)
To: SunkenCiv
71
posted on
04/21/2020 10:20:24 AM PDT
by
GOPJ
( Virus-Free Groceries: https://www.youtube.com/watch?v=TKx-F4AKteE)
To: GOPJ
That reminds me, I need to go get gas.
72
posted on
04/21/2020 10:30:29 AM PDT
by
SunkenCiv
(Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
Navigation: use the links below to view more comments.
first previous 1-20, 21-40, 41-60, 61-72 last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson