Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: locogringo who wrote (1365735)	7/7/2022 9:28:04 PM
From: Broken_Clock	1 Recommendation Recommended By locogringo Respond to of 1576081

The "Big Guy" still getting his 10%??? energy.gov On April 1, 2022, DOE issued the second Notice of Sale for a price-competitive sale of 30 million barrels of SPR crude oil. A total of 16 companies responded to this notice, submitting 126 bids for evaluation. Contracts were awarded to the following 12 companies: Atlantic Trading & Marketing, Inc. (2.1 million barrels) Chevron USA (1.025 million barrels) Equinor Marketing & Trading (0.7 million barrels) ExxonMobil Oil Corporation (3.6 million barrels) Glencore Ltd. (2.6 million barrels) Marathon Petroleum Supply and Trading LLC (2.375 million barrels) Mercuria (0.5 million barrels) Motiva Enterprises LLC (4.05 million barrels) Phillips 66 Company (2.5 million barrels) Shell Trading (US) Company (2.75 million barrels) Unipec America, Inc. (0.95 million barrels) Valero Marketing and Supply Company (6.85 million barrels) ++++++ freebeacon.com Biden's Energy Department in April announced the sale of 950,000 Strategic Petroleum Reserve barrels to Unipec, the trading arm of the China Petrochemical Corporation. That company, which is commonly known as Sinopec, is wholly owned by the Chinese government. The Biden administration claimed the move would "address the pain Americans are feeling at the pump" and "help lower energy costs." More than five million barrels of oil released from the U.S. emergency reserves, however, were sent overseas last month, according to a Wednesday Reuters report. At least one shipment of American crude went to China, the report said.

To: locogringo who wrote (1365735)	7/8/2022 3:28:33 AM
From: Doren	Respond to of 1576081

I invested in Exxon at $25 because I saw US drivers ignoring speed laws. Slow from driving 85 mph ILLEGALLY (law % order hypocrites) to 65 and you get 25% better mileage. More than enough to crash oil prices down again. No brainer. Even liberals do 85 in my town. Sold for a VERY nice profit... PLUS nice dividends while I waited for the inevitable. ANYONE who follows the oil markets knows oil prices are set on the world market... all oil goes into one giant futures market, no matter if its Canadian tar sand, West Texas crude, or North Sea (low sulfur) light crude, or Saudi light. oilprice.com You have no idea what you're talkin' about.