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TreasonousBastard

(43,049 posts) Tue Jun 14, 2022, 10:30 AM Jun 2022

I nevet actually broketed a deal, but was involved with lots...

of them. Even sales of partial tanker loads while enroute and trying to find a refinery to get the salt water out of a tankerload on a leaky tanker on a breakup voyage.

And through all that a barrel stayed around a hundred bucks, and gasoline was under $3.

I don't really understand what just happened

2 replies

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I nevet actually broketed a deal, but was involved with lots... (Original Post) TreasonousBastard Jun 2022 OP

For all the price hikes we're not seeing scarcity bucolic_frolic Jun 2022 #1

I believe that the companies are trying to make up for income lost during the pandemic. LiberalArkie Jun 2022 #2

bucolic_frolic

(43,161 posts)

1. For all the price hikes we're not seeing scarcity

Reply to TreasonousBastard (Original post)

Tue Jun 14, 2022, 10:33 AM

Jun 2022

Oil companies are pricing on world spot price which is set by oil futures, and the war raging is driving expectations of more war and lower shipments from Russia and more demand.

LiberalArkie

(15,715 posts)

2. I believe that the companies are trying to make up for income lost during the pandemic.

Reply to bucolic_frolic (Reply #1)

Tue Jun 14, 2022, 10:47 AM

Jun 2022

They still had to meet payroll during the pandemic and even for those not working.

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