Davin News Server

From: -hh <recscuba_google@huntzinger.com>
Newsgroups: alt.fan.rush-limbaugh,can.politics,alt.politics.trump,alt.politics.liberalism,alt.politics.democrats,alt.politics.usa.republican
Subject: Re: "Drill Baby Drill" Becomes Slow Times In The Oil Patch
Date: Tue, 21 Oct 2025 13:20:37 +0200
Organization: A noiseless patient Spider

AlleyCat <katt@gmail.com> wrote:
> 
> On Mon, 20 Oct 2025 18:02:17 +0000,  Mitchell Holman says...  
> 
>> "....gas prices will increase more than 
>> 10 percent in the next six months....
> 
> When gas prices reach double what they are now, like they did under but Biden, 
> then you can whine. 

Oh, they will double.  Of course, the drop in oil platforms operating today
has roughly a 5 year lead time lag before it impacts retail, so while it
will happen, it won’t be fast enough for you to recognize causality.


> If 27 cents a gallon more nearly TRIPLES my egg prices, THEN I might give a 
> flying fuck.
> 
> 20 gallons x $2.79 = $55.80
> 
> 20 gallons x $3.06 = $61.38
> 
> Diff: 		   $5.58

That’s a carton of eggs.

> If you can  afford $55.80, you can afford $61.38.
> 
> I have a feeling the only ones complaining in the oil industry, are the small 
> independents, which, if THEY raise prices, won't affect us much.

Or you could actually go research it…. /s

…you might discover that on a high level, it’s fungible, so retail prices
don’t vary by all that much.


> How much new "foreign tubular goods" do they need?

Food products from Norway are 30x the value.
Ditto oil/gas.

They’re roughly $1.1B each, whereas alloys other than nickel are less than
$75M (nickel is a bit over $200M); see:

<https://tradingeconomics.com/norway/exports/united-states>



-hh