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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (192883)	10/26/2022 12:05:33 AM
From: Snowshoe	Respond to of 218788

re << Funnier still, perhaps the raw material of the gasoline is from the SPR stock sold by USA to PRC. Be interesting to know the margins applied at each stage, starting from ripe plum of Alaska :0))))))) >> I doubt there's ever been a single drop of Alaska oil in the US SPR. Alaska North Slope oil production has declined by 75% since its peak in 1988, and is currently less than 4% of the US total. Most of this oil is shipped by tanker to refineries in Washington and Oregon. The US SPR is located in Louisiana, so I assume the oil is sourced from nearby states like Texas. Here are the top six states for US oil production as of 2020... Texas (43.02%) North Dakota (20.53%) New Mexico (8.97%) Oklahoma (4.16%) Colorado (4.06%) Alaska (3.97%) Source: investopedia.com

To: TobagoJack who wrote (192883)	10/27/2022 9:33:58 AM
From: Snowshoe	Read Replies (1) \| Respond to of 218788

Hello TJ, I'm continuing to dissect your recent post to me about energy. Regarding this point... << Good news, CPC China China China to the rescue, to fight inflation, fill shortfall, albeit at the cost of EU bloomberg.com and with the help of Putin :0))))))) >> Europe seems to be well-supplied now... Why Natural Gas Prices in Europe Are Suddenly Plunging nytimes.com A combination of full storage, lower demand and mild weather, among other factors, has eased concerns of a spike in heating and power prices — for now. By Stanley Reed Updated Oct. 26, 2022 The war in Ukraine is raging, Russian natural gas exports to Europe are dwindling and the winter heating season is approaching. That would seem like a recipe for higher prices, yet the cost of the fuel, which is vital for heating homes and for powering electricity plants and industry, has been plummeting. The benchmark European price of natural gas this week fell to a level that is more than 70 percent below its record high in August. One of the main reasons for the plunge in prices is that Europe, at least for now, has all the natural gas it needs. That is because over the summer, Europe went on a global buying spree as Russia, its longtime main supplier, reduced its flow of natural gas. Across the continent, governments and businesses have aggressively replenished how much gas they are holding in storage. At the urging of European Union officials and at a high cost, energy companies and governments have filled underground caverns and other facilities to more than 90 percent of capacity, compared with less than 80 percent year ago.