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Thread: US Oil Producers Fail to Produce

  1. #621
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    Quote Originally Posted by Seran View Post
    Yeah, I don't think you have any idea what you're talking about. During times of national emergency, the President is obligated to restrict the export of vital resources to preserve the national security. It may be a surprise to Conservative idiot like you, but American national security can be preserved by preventing gasoline being sold overseas when there is a need for more supplies domestically.

    Emergency Powers Act
    Defense Production Act
    National Security Act
    The Energy Policy and Conservation Act



    Shaps is crying because the President is excusing authority granted to him by Congress. WAAA
    Democrats getting their ass handed to them in the polls does not constitute a national emergency.

    All of this ends the moment the Federal government releases it's stranglehold over 30% of the US landmass.


    The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane. ~ Marcus Aurelius
    “It's a beautiful thing, the destruction of words.”
    ― George Orwell, 1984

    “The urge to shout filthy words at the top of his voice was as strong as ever.”
    ― George Orwell, 1984

  2. #622

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    Quote Originally Posted by Seran View Post
    Yeah, I don't think you have any idea what you're talking about. During times of national emergency, the President is obligated to restrict the export of vital resources to preserve the national security. It may be a surprise to Conservative idiot like you, but American national security can be preserved by preventing gasoline being sold overseas when there is a need for more supplies domestically.

    Emergency Powers Act
    Defense Production Act
    National Security Act
    The Energy Policy and Conservation Act



    Shaps is crying because the President is excusing authority granted to him by Congress. WAAA
    Prices continue to tumble as traders begin to panic sell their put positions and long term contracts at ridiculous rates. Crude is now down 6.4% and gasoline nearing a 7% drop.

  3. Default

    Quote Originally Posted by Seran View Post
    Prices continue to tumble as traders begin to panic sell their put positions and long term contracts at ridiculous rates. Crude is now down 6.4% and gasoline nearing a 7% drop.
    Put option contracts increase in value when the price of the underlying asset goes down.

  4. #624

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    Quote Originally Posted by Seran View Post
    LOL, what have you been smoking this morning? Attributing decisive action by the Whitehouse to lower gas prices to a warmonger, war criminal and megalomaniac. Is this a line from Faux News you're regurgitating?
    You are the only person on this forum who mentions Fox News, unless it's someone responding to you mentioning Fox News. You are something special.

  5. #625

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    Quote Originally Posted by Arqueto View Post
    You are the only person on this forum who mentions Fox News, unless it's someone responding to you mentioning Fox News. You are something special.
    Oooh we have a new challenger. Let's see, somehow you think all these Conservashits who post the Fox News tag lines day in and day out, somehow you think none of them are peddling it's propaganda. Do you legitimately think that none of them watch the most watched, and only mainstream source of truly Right wing, conservative media in the United States. Because if you believe that, I have some beach front property in Montana that you might be interested in.

  6. #626

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    Quote Originally Posted by Furryrat View Post
    Put option contracts increase in value when the price of the underlying asset goes down.
    Unless the put option is one that is based upon a future contract in excess of $140-$150 dollars a barrel, in which case the likelihood of the occurring with a looming economic contraction, possible recession, an executive order limiting petroleum product exports, and a possible brokered solution with Russia have all made hedging a price increase that would make such an option tenable is evaporating. Someone like Goldman Sachs, or a downstream refiner which doesn't produce its own oil may actually want to still insure against such a price increase exceeding $150, but most traders are shedding those positions while there are still buyers

  7. #627

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    Quote Originally Posted by Seran View Post
    Oooh we have a new challenger. Let's see, somehow you think all these Conservashits who post the Fox News tag lines day in and day out, somehow you think none of them are peddling it's propaganda. Do you legitimately think that none of them watch the most watched, and only mainstream source of truly Right wing, conservative media in the United States. Because if you believe that, I have some beach front property in Montana that you might be interested in.
    LOL @ new challenger

    Remind us what abstinence is and how Republicans try to block it? I asked you before and you didn't reply.

    Do it for the children.

  8. #628

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    Quote Originally Posted by Seran View Post
    Do you legitimately think that none of them watch the most watched, and only mainstream source of truly Right wing, conservative media in the United States.
    Are you triggered this hard because it's the most watched.. or that it's the only mainstream source and you want that to be gone as well?

    Why does free speech upset your delicate little "mind" so much, little fella?
    PC RETARD HALL OF FAME

    Quote Originally Posted by Seran-the Current Retard Champion View Post
    Besides, Republicans also block abstinence and contraceptives anyway.
    Quote Originally Posted by Seran-the Current Retard Champion View Post
    Regulating firearms to keep them out of the hands of criminals, the unhinged, etc. meets the first test of the 2nd amendment, 'well-regulated'.

    Quote Originally Posted by SHAFT View Post
    You show me a video of me typing that and Ill admit it. (This was the excuse he came up with when he was called out for a really stupid post)
    Quote Originally Posted by Back View Post
    3 million more popular votes. I'd say the numbers speak for themselves. Gerrymandering won for Trump.

  9. Default

    Quote Originally Posted by Seran View Post
    Unless the put option is one that is based upon a future contract in excess of $140-$150 dollars a barrel, in which case the likelihood of the occurring with a looming economic contraction, possible recession, an executive order limiting petroleum product exports, and a possible brokered solution with Russia have all made hedging a price increase that would make such an option tenable is evaporating. Someone like Goldman Sachs, or a downstream refiner which doesn't produce its own oil may actually want to still insure against such a price increase exceeding $150, but most traders are shedding those positions while there are still buyers
    Last edited by Furryrat; 06-17-2022 at 05:55 PM.

  10. #630
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    Quote Originally Posted by Seran View Post
    Oooh we have a new challenger. Let's see, somehow you think all these Conservashits who post the Fox News tag lines day in and day out, somehow you think none of them are peddling it's propaganda. Do you legitimately think that none of them watch the most watched, and only mainstream source of truly Right wing, conservative media in the United States. Because if you believe that, I have some beach front property in Montana that you might be interested in.
    Notice how you are the only one that ever brings up Fox News? Sure points towards you being the only one watching it.
    Ceterum censeo Carthaginem esse delendam

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