ragincajun03

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The nation’s average price of gasoline has fallen 0.4 cents over the last week and stands at $4.29 per gallon, according to GasBuddy® data compiled from more than 12 million individual price reports covering over 150,000 gas stations across the country. The national average is up 0.4 cents from a month ago and is $1.28 per gallon higher than a year ago. The national average price of diesel fell 5.9 cents in the last week and stands at $6.248 per gallon.

“More states saw average gasoline prices decline than rise over the last week, with diesel falling approximately 5 cents per gallon nationally,” said Patrick De Haan, head of petroleum analysis at GasBuddy.

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"Meanwhile, Hurricane Isaias has passed, but we are awaiting updates on two refineries that were in its path, the outcome of which could impact the supply picture in the days ahead. For now, the trend is cautiously in the right direction for motorists, but between hurricane season and continued geopolitical uncertainty, it is far too early to declare the pressure on fuel prices resolved.”

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The physical cost of moving oil out of the Persian Gulf has exploded, with per-barrel transport costs rising from roughly $2 before the war to around $33 today. In early Monday trade, WTI was up $1.77 to $93.62 per barrel, above last Monday’s $90.20, while Brent gained $1.89 to $106.62 compared to $102.47 a week ago, with the November midterm elections looming as the market’s next major catalyst.

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The states with the lowest average prices: Georgia ($3.77), Texas ($3.78), and Ohio ($3.87).

The states with the highest average prices: California ($6.26), Hawaii ($5.60), and Nevada ($5.39).

Biggest weekly changes: Michigan (+24.4¢), Indiana (+19.1¢), North Carolina (-15.9¢), Colorado (+12.9¢), Utah (-12.8¢).

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The states with the lowest average diesel prices: Texas ($5.61), Georgia ($5.73), and South Carolina ($5.74).

The states with the highest average diesel prices: California ($8.35), Washington ($7.24), and Hawaii ($7.21).

Biggest weekly changes: Colorado (+25.8¢), Ohio (-23.7¢), Utah (-16.7¢), North Carolina (-15.5¢), Michigan (-13.4¢).

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President Trump's Build Back Better plan is working! :nana: :usa:

Meanwhile, AAA's site has the average statewide prices for Regular and Diesel as follows for our Gulf Coast States.

TX: $3.8186/gallon; $5.6684/gallon
LA: $3.9337/gallon; $5.8039/gallon
MS: $3.9251/gallon; $5.8703/gallon
AL: $3.9732/gallon; $5.9231/gallon

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And now...like all good things, my time of posting on Tigerdroppings has come to an end after 19 years.

Post #30,350 is the perfect stopping point.

I will definitely still lurk and read the board for news, any decent political points, food recommendations and such; however, I have embarked all the wisdom and stupidity I can here.

The Food & Drink Board is where I discovered great beers to try, and where I found a recipe to cook shrimp & grits for the very first time. The discussions of politics, industry, sports, foods & beers and crawfish prices over the years has been fun and quite enlightening. This is one of those places where everybody knows your name, and they're always glad you came.

Maybe I'll temporarily post again if the Cajuns ever return to the College World Series, or by some miracle find their way into the College Football Playoff (won't have to worry about that one). We shall see.

So...adios. It's been real. It's been fun. But it ain't been real fun!

God Bless each and every one of you, and I hope the upcoming crawfish season is plentiful for everyone. :cheers:

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The cost of shipping crude oil soared to record highs last month as the Iran war reshuffled trade routes and patterns and tied up more tankers in inefficient and lengthy voyages.

Supertanker rates soared in September to above $1 million per day on the Persian Gulf to China route—a record high.

The September record was soon smashed as freight rates soared by another 40% in the first week of October alone, to top $1.4 million per day on the Gulf to East Asia trip this week, according to data compiled by Bloomberg.

The increased flows of oil from the Strait of Hormuz, mostly thanks to ship-to-ship (STS) transfers in the Gulf of Oman, are tying up supertankers for weeks waiting for the transfers outside the Strait, limiting the availability of very large crude carriers (VLCCs) for the other global key oil trade routes, such as the U.S. Gulf Coast to Asia.

The inefficient oil loadings in the Middle East and the very tight supertanker market resulting from these have created a ripple effect extending to the market of smaller vessels, Aframax and Suezmax, whose demand and daily rates have also surged amid a shortage of supertankers.

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Sky-high rates add millions of U.S. dollars to the cost of a single crude oil cargo, further fueling oil and fuel prices.

The shuttle-shipping through the Strait of Hormuz is “very inefficient,” Russell Hardy, chief executive officer at the world’s biggest independent oil trader, Vitol, said at the Energy Intelligence Forum in London this week.

“We started this conflict with a crude crisis. Then it turned into a product crisis. Now we have more crude oil coming out of the Middle East, but it is turning into a shipping crisis,” Hardy added.

“There is really not quite enough shipping to go around,” the executive noted.

Rates on the U.S. Gulf-to-Japan route are skyrocketing and one supertanker has been reportedly offered at a total fee of $82 million for the journey, up by 50% from just three weeks ago, Bloomberg reports.

Commodity trading giant Trafigura has reportedly chartered a supertanker to ship crude from the U.S. Gulf Coast to China at a total fee of $76 million, a source with knowledge of the fixture told CNBC this week.

The $76-million tanker fee is ten times higher than $7 million to $10 million in pre-war times. This suggests the freight cost of the journey is now about $38 per barrel of oil.

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“Oil supply continues to increase, and shipping data shows regional crude exports from the Middle East actually exceeded pre-war levels on several days in late September,” shipbroker Fearnleys said in its weekly report on Wednesday.

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“Freight premiums are adding tens of dollars per barrel to delivered crude costs, raising questions about demand destruction and the sustainability of current market pricing.”

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Good thing crawfish don't have to be shipped through that route.

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the Exxon facility I referenced was the largest producer of diesel in the US until 30 days ago …. this wasn’t some mothballed, “decommissioned” facility

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In that case, I apologize for my ASSumption, good sir.

What do you think Exxon would need in order to be convinced to ramp it back up?

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Why won’t Paxton debate?

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Kind of tough if we don’t know where his opponent is.

Guess he could debate Brown. No one knows where the Democrat candidate is, though. He can’t seem to be located.

More likely to copy and paste false, AI generated slop on Facebook.

More likely to forward ranting, half truth chain emails to 84 people.

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When can we get a class action lawsuit against shitty judges and DAs that allow hoodlums with mile long rapsheets to roam the streets?

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I'm guessing they're probably protected.

Best that can be done is publicly shame them, though I doubt any of them have any shame. But yeah...in ranking who was at fault for this murder:

1 - Murderer
2 - Judge and/or DA





















3 - Anyone or anything else.

Article from two weeks ago in the TX Tribune:

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With just over three weeks left before early voting, Democratic U.S. Senate nominee James Talarico on Thursday challenged his GOP opponent Ken Paxton to a debate moderated by Fox News’ Bret Baier.

“Texans deserve to make an informed choice in this really critical race, so I’m challenging Ken Paxton to a game on his own turf,” Talarico said during an interview at The Texas Tribune Festival. “He’s been running from accountability his whole life. It’s time to stop running.”

In July, Paxton’s campaign said, “of course we are going to debate James Talarico,” after Talarico announced he had accepted invitations from Texas media groups for three televised debates.

“We look forward to engaging with potential debate hosts,” Paxton senior adviser Nick Maddux said at the time. “Talarico is a serial liar who has spent his entire campaign shamelessly deceiving Texas voters about his radical record with[out] answering the hard questions.”

But Paxton had not committed to any debates as of Thursday. WFAA, whose debate invitation Talarico accepted, reported Tuesday that Paxton’s campaign had not responded to messages since Aug. 24 after communicating with station management “for weeks to organize a potential debate.”

On Sept. 2, Talarico accepted another debate invitation from CNN. In response, Maddux said, “no Texan wants to watch James Talarico and two of his fellow far-left activists posing as moderators spew left-wing talking points in a ‘debate,’ or what they would try to turn into a CCP-style struggle session.”

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I’m not in-tune with the inside baseball and relationships within TX politics like some on here are, but from an outside viewpoint, I don’t think Abbott and Paxton have been close allies. It’s basically just been a relationship out of necessity for both.

So…I don’t think it’s Abbott distancing himself from President Trump. In fact, I think he and President Trump probably get along great and agree on tons of stuff. He’s probably not wanting to be on a stage with Ken Paxton.

Can’t say I blame him.

$18 million raised in just three months for a “job” that pays a base salary of $174k/year.

Wow.

And he ain’t alone. No wonder why Washington DC is so far gone.

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And yet Exxon keeps reporting record profits each quarter.

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Because oil is at $100/bbl and they’ve grown even bigger since the last time oil was $100, via their acquisition of companies like Pioneer. They also now have Denbury, so they’re making money moving around CO2 for other companies.

So yes..their gross profits during $90-110 oil periods will continue to grow as they buy more companies and assets that can make more money than they lose.