Oil prices . .

[preaux40]

Oil at $80+ a barrel . . Nat gas at $2.50 . . Worst blizzards in a while . . Something don't add up . . Prices are falling . .

[Greenheadless]

Recession

[Low Fence]

We are warmed by wind, solar and tofu farts now. Don’t need oil…. It’s science

[Larryf250]

Yet gas prices are back on the rise.

[zwalker16]

Yet gas prices are back on the rise.

Of course they are...the elections are over

[trophyhunter01]

Lots of refineries going down for turnarounds this year, just wait for supply to get low prices will be up more regardless of crude price.

[Pedernal]

Lots of refineries going down for turnarounds this year, just wait for supply to get low prices will be up more regardless of crude price.

What are turnarounds??

[Muddy Bud]

What are turnarounds??

Refinery unit shut downs for maintenance.

[Beargrasstx]

Yep, my unit is going through one now. I have another 35 days....:/

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[dgilbert]

All the companies made billions last quarter.

[Txhunter3000]

yep they made billions. But, But, wait .... they really don't make but a penny a gallon.

[miket]

All the companies made billions last quarter.

Excellent. Good news after something like $70 billion lost in 2020.

[Mike D]

yep they made billions. But, But, wait .... they really don't make but a penny a gallon.

Are you a shareholder? If not you are just speculating.

I can tell you at the distributor level the markup is 3-5¢ per gallon.


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[snappertapper]

A business turning a profit? What a bunch of a holes.

[miket]

Oil company margins were 8.3% in 2021. Compared to tech and pharmaceuticals at 23%.

They make billions because of hundreds of billions invested.