Board index › General Discussion › News and Current Events

60 million barrels of oil to be released

Page 1 of 1 [ 6 posts ] 

Previous topic | Next topic

Pepe
Veteran
Veteran

User avatar

Joined: 11 Jun 2013
Gender: Male
Posts: 22,707
Location: Australia

02 Mar 2022, 5:39 pm

Quote:
The International Energy Agency announced yesterday its member countries—the U.S., Japan, Canada, Australia, New Zealand, and most of Europe—agreed to release a combined 60 million barrels of oil from their emergency reserves to “send a unified and strong message” that there will be “no shortfall in supplies” due to Russia’s invasion of Ukraine. With the price of oil at an eight-year high, White House National Economic Council Deputy Director Bharat Ramamurti on Tuesday encouraged U.S. oil and gas companies to increase production: “Prices are quite high, the price signal is strong. If folks want to produce more, they can and they should.”


https://morning.thedispatch.com/p/the-m ... YSoyJY&s=r

So much for the climate change war. :mrgreen:


_________________
Laughter is the best medicine. Age-appropriate behaviour is an arbitrary NT social construct.
Show Spoiler
Don't tell me white lies. Gaslight me at your peril. Don't give me your bad attitude. Hypnosis, psychosis. Tomarto, tomayto. There are *4* lights. Honey badger.
Show Spoiler
If I'm so bad, pass me by. ;)


And one more thing,



Also, as George Carlin said, "I have no stake in the outcome." I'll stick around for the comedy.

"A stranger is a friend gang-stalker you haven't met yet."
Truth may be inconvenient but it is never politically incorrect...The Oracle of Truth has spoken...8)
Read my lips:-I am not a fan of the orange man.-I would never vote for the Republican party given the chance.-I am interested in being objective and rational.


r00tb33r
Veteran
Veteran

User avatar

Joined: 28 May 2016
Age: 34
Gender: Male
Posts: 2,045
Location: Virginia

02 Mar 2022, 9:40 pm

Gas prices around are already through the roof.


_________________
The undisputed champion of TL;DR. Master ableist. /sarcasm


kraftiekortie
Veteran
Veteran

User avatar

Joined: 4 Feb 2014
Gender: Male
Posts: 82,618
Location: Queens, NYC

02 Mar 2022, 9:48 pm

Gas prices are getting close to 2008 levels.

They were $4.50 a gallon around NYC, and about $11 a gallon in the UK.



Pepe
Veteran
Veteran

User avatar

Joined: 11 Jun 2013
Gender: Male
Posts: 22,707
Location: Australia

02 Mar 2022, 11:14 pm

kraftiekortie wrote:
Gas prices are getting close to 2008 levels.

They were $4.50 a gallon around NYC, and about $11 a gallon in the UK.


Around $1.80 to $2.10 a litre.
How much is that in gallons?
Too lazy to find a converter. 8)

As I said, a tank will last me 2 years months, so I don't care how high they go.
I have bigger considerations. 8)


_________________
Laughter is the best medicine. Age-appropriate behaviour is an arbitrary NT social construct.
Show Spoiler
Don't tell me white lies. Gaslight me at your peril. Don't give me your bad attitude. Hypnosis, psychosis. Tomarto, tomayto. There are *4* lights. Honey badger.
Show Spoiler
If I'm so bad, pass me by. ;)


And one more thing,



Also, as George Carlin said, "I have no stake in the outcome." I'll stick around for the comedy.

"A stranger is a friend gang-stalker you haven't met yet."
Truth may be inconvenient but it is never politically incorrect...The Oracle of Truth has spoken...8)
Read my lips:-I am not a fan of the orange man.-I would never vote for the Republican party given the chance.-I am interested in being objective and rational.


kraftiekortie
Veteran
Veteran

User avatar

Joined: 4 Feb 2014
Gender: Male
Posts: 82,618
Location: Queens, NYC

02 Mar 2022, 11:23 pm

If it’s 2 Australia dollars per litre:

2 x 3.785 = Au$7.57

7.57 x 0.72 = US$5.45 per gallon, which is probably lower than the price in the UK.



Last edited by kraftiekortie on 02 Mar 2022, 11:29 pm, edited 1 time in total.

Pepe
Veteran
Veteran

User avatar

Joined: 11 Jun 2013
Gender: Male
Posts: 22,707
Location: Australia

02 Mar 2022, 11:28 pm

kraftiekortie wrote:
If it’s 2 Australia dollars per litre:

2 x 3.74 = Au$7.48

7.48 x 0.72 = US$5.39 per gallon, which is probably lower than the price in the UK.


Thank you, sir. 8)


_________________
Laughter is the best medicine. Age-appropriate behaviour is an arbitrary NT social construct.
Show Spoiler
Don't tell me white lies. Gaslight me at your peril. Don't give me your bad attitude. Hypnosis, psychosis. Tomarto, tomayto. There are *4* lights. Honey badger.
Show Spoiler
If I'm so bad, pass me by. ;)


And one more thing,



Also, as George Carlin said, "I have no stake in the outcome." I'll stick around for the comedy.

"A stranger is a friend gang-stalker you haven't met yet."
Truth may be inconvenient but it is never politically incorrect...The Oracle of Truth has spoken...8)
Read my lips:-I am not a fan of the orange man.-I would never vote for the Republican party given the chance.-I am interested in being objective and rational.