Current US Reserves

[Captain America]

Bad news.

 

[twowheelnut]

Who gives a ratbag's ass?

 

[odot]

"........................THE SKY IS FALLING................THE SKY IS FALLING!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"........................

 

[JimLor]

No problemo, prices to $4 a gallon and shortage solved! :cray:

 

[GunMD]

No problemo, prices to $4 a gallon and shortage solved! :cray:

I don't know...I seem to recall reading something saying that despite the increase in prices over the past couple of years we're all driving more than ever. I'm sure there's a price that would discourage folks from driving, but I don't think $4 is that price.

Good thing the Feej gets decent mileage, huh?

 

[wheatonFJR]

Who gives a ratbag's ass?

capn 'merica = ratbag's ass?

 

[twowheelnut]

Who gives a ratbag's ass?

capn 'merica = ratbag's ass?

Um jus' sayin'... :dntknw:

 

[radman]

IBTL. He's on a roll. Who's faster, Iggy or Capn Shitbag?

 

[Ignacio]

IBTL. He's on a roll. Who's faster, Iggy or Capn Shitbag?

For the record, looking solely at this thread topic...and only this thread...it doesn't seem political to me. It's the peanut gallery's responsibility to keep on the technical aspect of U.S. reserves and not make it political.

 

[gr8eyes]

I won't mind the " Little House on the Prarrie" way of life.

Where's the link to that electric motorcycle. and its only 4" wide.

 

[feejer222]

Our unpolitical petrol is about 98p per Litre which is....hang on while I work it out......£4.41 per gallon which at the current exchange rate (possibly political) is $8.82 per gallon....could some one please email me some of your cheap stuff?

 

[gr8eyes]

When it reaches 8.82 a gallon here there will be wailing and gnashing of teeth. We'll be crying for someone to do something. Now that little vino scooter may look better all the time.LOL

 

[feejer222]

Good job we have no-where to go eh?

How much is it there?

 

[Ignacio]

I think CA did a great job at noticing the seasonal changes in gasoline supply. If he'd have produced a chart of multiple years (at least 2005 and 2006) he'd show what seems a regular hump in U.S. Gasoline Supply in February followed by a drop until about the May timeframe. He didn't include the source of his data, but the official U.S. Government source of this kind of data is the Energy Information Administration.

They have all sorts of stats and charts to peruse including the Total World Oil Supply, U.S. Refinery Input/Output, National Retain Gasoline Prices, etc.

Thanks for the snapshot CA.

 

[Mike-H]

Our unpolitical petrol is about 98p per Litre which is....hang on while I work it out......£4.41 per gallon which at the current exchange rate (possibly political) is $8.82 per gallon....could some one please email me some of your cheap stuff?

Gee & I thought we sucked @ $1.04 a liter for regular :blink: ....($4.73 per imperial gallon)

 

[gr8eyes]

Feej, 2.79 a gallon here today

 

[Bounce]

Who gives a ratbag's ass?

:rofl: pwned!

 

[Captain America]

Who gives a ratbag's ass?

:rofl: pwned!

Here's another chart to google at.

4-27-07

Here are some inventory model runs. The data through 4-20 is updated with the actual values. The base case assumes a .2 mbpd scale up per week from the current level (8.5 mbpd) until the production rate reaches 9.4 mbpd. This scenario is looking less likely by the day but is a good starting point because it's the same set of assumptions we used last week.
The "high import" model uses the base production assumptions, but assumes 1.2 mbpd imports, instead of 1.0 mbpd, which was the base scenario.

The "fast scale up" model assumes 1.0 mbpd imports, but we return to 8.8 mbpd next week, 9.0 the week after, 9.2 by May 11 and 9.4 by may 18.

Conclusions: I think it all comes down to imports still. If we can find 1.2 mbpd imports throughout May, we might conceivably be able to stay out of trouble. Without the extra .2 mbpd, imports, even a fast scale-up will not completely get us out of the woods.

I am ready to say that the probability of a shortage situation of some level of seriousness is even higher this week than it was last week.

We will be at 190 mbbl in about 2 weeks at our current trajectory.

 

[wheatonFJR]

[SIZE=36pt]OMG!!![/SIZE]