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Willmrx
Posted on Tuesday, April 21, 2020 - 11:30 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

https://www.bloomberg.com/news/features/2020-04-16 /coronavirus-travel-what-happens-to-planes-grounde d-by-covid-19?utm_source=pocket-newtab
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Ourdee
Posted on Tuesday, April 21, 2020 - 11:37 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Imagine how much jet fuel additive is being used to stop the stuff from growing in the fuel cells.
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Big_island_rider
Posted on Tuesday, April 21, 2020 - 12:10 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

That's ok. They can use all the money from the $15 sandwiches and $30 baggage check fees to pay for the maintenance.
Sorry just not feeling charitable for them when they have been gouging people for years.
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Sifo
Posted on Tuesday, April 21, 2020 - 12:48 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Anybody notice the price of oil yesterday hit -$35.00 per barrel? Yes, you now have to pay somebody to take oil off your hands!!!
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Tpehak
Posted on Tuesday, April 21, 2020 - 12:51 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

I drop used oil in Autozone.
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86129squids
Posted on Tuesday, April 21, 2020 - 12:59 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

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Sifo
Posted on Tuesday, April 21, 2020 - 01:11 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

I sense confusion on the negative price. Demand is so low that all storage has been used up. Tankers are sitting idle, unable to offload. Suddenly the cost of storage is worth more than the oil itself.
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Griffmeister
Posted on Tuesday, April 21, 2020 - 02:33 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Plus that’s crude oil, you can’t burn that in your vehicles. Don’t expect to see a price reflection at the pump.
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Shoggin
Posted on Tuesday, April 21, 2020 - 02:48 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

$11 a barrel currently with 99¢/ gallon in some places.

Not here in Cali. I paid $3.41 yesterday But that probably because we pay $2.40/gal in road taxes for our perfect freeways
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Shoggin
Posted on Tuesday, April 21, 2020 - 02:53 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

and in even weirder news...

https://jalopnik.com/the-price-of-a-barrel-of-oil- is-somehow-below-0-becaus-1842968284?utm_source=ja lopnik_newsletter&utm_medium=email&utm_campaign=20 20-04-21
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Zane
Posted on Tuesday, April 21, 2020 - 02:54 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Gasoline here in the Phoenix area is $2.39 for regular unleaded. I haven't filled up the car in over a month now or been farther from the house than my local Walmart.

My son and I talking about a ride in next week. I have 19 days of vacation I have to burn before the end of June so a ride needs to happen.
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Pwnzor
Posted on Tuesday, April 21, 2020 - 03:02 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

I've seen $1.15 a few times in the last week
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Tpehak
Posted on Tuesday, April 21, 2020 - 03:06 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

4$ here in Seattle
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Crusty
Posted on Tuesday, April 21, 2020 - 03:19 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

In Cincinnati, it's at $1.29/reg. Premium is $.60 more. I saw $1.09 at one station off I-70 just east of Kansas City and $1.11 one exit down. Between Kansas and here, prices seemed to average out to $1.49/reg.
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Tpehak
Posted on Tuesday, April 21, 2020 - 03:32 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Era of gasoline engines has come to the end.
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Ourdee
Posted on Tuesday, April 21, 2020 - 03:33 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

I also have all my fuel storage filled.
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H0gwash
Posted on Tuesday, April 21, 2020 - 03:39 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

If you are in the Oklahoma area and can store 5 tanker trucks worth of oil, you could get paid $37K to store 1000 barrels of oil.
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Shoggin
Posted on Tuesday, April 21, 2020 - 05:15 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

What if we just dug a giant underground space and stored the crude oil there?







Us humans are a weird bunch.
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Kmbuell
Posted on Tuesday, April 21, 2020 - 06:17 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Still between $1.89 and $1.35 in NC. Those are 3 miles apart. All in each area are the same. I don’t get it, but I’m sure it big business.
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Strokizator
Posted on Wednesday, April 22, 2020 - 08:46 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

A gallon of ethanol now costs more than gallon of gasoline. Why are we still diluting gas with this crap?
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