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Melon

(1,621 posts)
31. I agree. Getting away from peak oil is good. But we aren't running out during this mess.
Sat May 9, 2026, 03:12 PM
7 hrs ago

Asia is having issues. South Korea is having a major issue. In that way it does affect California, because they were buying a lot from these areas of Asia. But US overall is in fairly good shape at the base oil level. We are exporting more products due to overseas shortages. Go to Bloomberg/ energy and monitor oil futures. That will give some understanding of how gasoline is moving. But it’s worse overseas.

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2 members have recommended this reply (displayed in chronological order):

This writer isn't an authority on the subject. His opinion is no more valuable than any of us. hedda_foil 9 hrs ago #1
But but but...He's a "spiritual guy"! A HERETIC I AM 9 hrs ago #7
We import most of our oil from Canada and Mexico. honeylady 6 hrs ago #45
There was an article posted a week or so stating that the last tanker of oil had reached LA. That gives US in2herbs 9 hrs ago #8
A bunch of pretty lame economic arguments here. Bluetus 7 hrs ago #41
Yes, the last tanker from the Middle East for California/West Coast DetroitLegalBeagle 4 hrs ago #58
This is the truth. Our inventories in the US are low Melon 8 hrs ago #21
We can always "frack" more oil, since it's still in the ground FakeNoose 8 hrs ago #26
I agree. Getting away from peak oil is good. But we aren't running out during this mess. Melon 7 hrs ago #31
Yes, "we" do ave a huge incentive to convert our homes and businesses to electric, either solar or wind-generated power. ShazzieB 6 hrs ago #42
No apologies needed. sheshe2 4 hrs ago #59
Supposedly, most of the oil we produce isn't usable in the U.S. kerry-is-my-prez 5 hrs ago #50
That's not entirely true. Melon 5 hrs ago #53
One doesn't have to be an "authority"... GiqueCee 7 hrs ago #35
This country does not rely exclusively on oil from the Persian Gulf. hedda_foil 4 hrs ago #61
As our Dear Leader is fond of saying... GiqueCee 3 hrs ago #63
Of course we won't be fine. Rapenfuhrer is about to start the next worldwide depression with his little excursion --. hedda_foil 2 hrs ago #64
Not Exclusively Us A Huge Understatement ProfessorGAC 2 hrs ago #66
Maybe Maga will notice when there's a shortage of cheap beer Walleye 9 hrs ago #2
They would somehow blame Biden. Beartracks 7 hrs ago #28
Or Mountain Dew llmart 7 hrs ago #33
It is inflation. Metaphorical 9 hrs ago #3
This is sensationalism. bearsfootball516 9 hrs ago #4
This is why Jilly_in_VA 9 hrs ago #5
July 4th. Smack dab on Trump's celebration day. oasis 9 hrs ago #6
Revolutions are fought by those whose ribs are easily counted . BattleRow 7 hrs ago #40
Please remember back to 1999 if you will. Airplanes will fall out of the skies, elevators will fall, ATMs wont give $$$ Srkdqltr 8 hrs ago #9
Worth reading NBachers 8 hrs ago #10
Not so much. It's a fantasy. Melon 7 hrs ago #32
Should I panic? sarisataka 8 hrs ago #11
No. We produce oil. Qutzupalotl 8 hrs ago #14
IIRC, we export most of our oil. sakabatou 6 hrs ago #47
That's what the guy's write-up says. N/t CousinIT 2 hrs ago #68
I believe we are the number 1 oil producer sarisataka 4 hrs ago #60
You can bet your sweet ass popsdenver 8 hrs ago #12
Cool story bro JoseBalow 8 hrs ago #13
I expect reinstatement of the oil export ban. roamer65 8 hrs ago #15
Why would gasoline be rationed if we have plenty of oil Melon 6 hrs ago #43
Buy canned goods now. swong19104 8 hrs ago #16
The US has been exporting more oil and petroleum products than it imports since August 2021. eppur_se_muova 8 hrs ago #17
And this is the reason I pooh-pooh all the hullabaloo slightlv 8 hrs ago #25
My alter ADHD will kick in. multigraincracker 8 hrs ago #18
Independence Day IronLionZion 8 hrs ago #19
Well, I don't think we're gonna all starve. But I am going to short the market.😀 ashredux 8 hrs ago #20
No, not everyone will starve... but their will be a LOT of hungry people... slightlv 8 hrs ago #27
25 Recs. flvegan 8 hrs ago #22
It's clickbait from an opinion blog IronLionZion 7 hrs ago #34
We should be thankful this wasn't passed off as LBN. NT mahatmakanejeeves 7 hrs ago #37
Thanks for the insult. CousinIT 1 hr ago #69
52 demmiblue 7 hrs ago #39
One thing: The US produces oil itself and SELLs it to other countries dave99 8 hrs ago #23
Yes and we've had a strategy for the last 50 years (thanks to Henry Kissinger) FakeNoose 2 hrs ago #65
WP: "Iran war is crushing Asia's farmers, threatening global food supply" Gaugamela 8 hrs ago #24
This is false information. James48 7 hrs ago #29
I am a prepper but this is nonsense Keepthesoulalive 7 hrs ago #30
What about the fact that only 20% of the global moreland01 7 hrs ago #36
There is a difference between Europe and the U.S. Europe has electric trains. We do not. LiberalArkie 7 hrs ago #38
What is the overall point? We aren't running out of diesel either. Melon 6 hrs ago #44
Did you read the WHOLE article? GiqueCee 6 hrs ago #46
Yes. That guy is saying hot garbage. Thus my response. Melon 5 hrs ago #48
Maybe worse case but I would bet the farm that supply and inflation will have a major impact by July yaesu 5 hrs ago #49
Liberation Day bucolic_frolic 5 hrs ago #51
$7.00/gal + here in WA pfitz59 5 hrs ago #52
Well, one of the incentives for the Hiroshima and Nagasaki bombings to quickly end the war Wednesdays 1 hr ago #72
I say bring it on Bluestocking 5 hrs ago #54
It seems like the comments here are mostly skeptical, but on Substack, they are mostly in agreement. ihaveaquestion 5 hrs ago #55
"For two months, the world coasted on oil that was already at sea. That floating inventory masked the full scale of what riversedge 5 hrs ago #56
Yesterday I heard cattle herds haven't been this low since the 1950s FullySupportDems 5 hrs ago #57
Lots of angry reactions here on DU to this article Blaukraut 4 hrs ago #62
Yeah. They skimmed it, made assumptions, and then went right to pile-on attack mode. CousinIT 1 hr ago #71
Yeah....no Boo1 2 hrs ago #67
Hyperbolic Stuckinthebush 1 hr ago #70
I recommend Mr Global on youtube D_Master81 22 min ago #73
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