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pjstough

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Posts posted by pjstough

  1. 7 minutes ago, ddm502001 said:

    According to reliable sources, Current Admin has been allowing shipment of Refined Diesel to S Am nations and S Korea at a reduced rate to overseas costs.  Not certain if under a treaty of some sort.

    What are you "reliable sources" and what nations is the Current Admin not allowing refined diesel to be shipped to?
    Thanks!

  2. Just now, fpmtngal said:

    The problem with the above photo set-up is that I think most states that allow double towing require the first towable to be  the 5th wheel.  In this case, the SUV is towing a bumper pull “trailer” (the pickup bed) and the 5er is last.  

    I am not sure this would be considered double towing.

  3. 11 minutes ago, Vladimir said:

    My wife inherited BP oil stock at $39 dollars a share back in the late 90's.

    Today, BP closed at $32.31 dollars a share.  No splits in all those years.  

    So much for the "obscene" profits for the oil company shareholders.

    Does BP pay dividends?

    Looks like they are having a pretty good year.
    https://fortune.com/2022/08/02/bp-earnings-by-the-numbers-profit-dividend-payouts-share-buybacks-cost-of-living-crisis-backlash/

     

  4. How does everyone believe that retail prices for gasoline and diesel fuel are calculated? Do you believe that retailers add up their cost, including taxes, and then add a flat rate or a percentage rate to those costs to come up with retail price, or do you believe that retailers set their prices as to maximize profits(what the market will bear), or do they use other methods to determine their retain price?

  5. 11 minutes ago, Kirk W said:

    Petrochemicals New Build and Expansion Project Analytics and Forecast 2021-2025

    Globally, a total of $642.3 billion is expected to be spent on the development of new build and expansion petrochemicals projects that are expected to start operations from 2021 to 2025. Globally, 1,365 upcoming petrochemicals projects are expected to start operations during the 2021 to 2025 outlook period. Of these, 1,189 represent new build projects and 176 are expansions of existing projects.

    I believe profits are the reason that stockholders invest money in the petroleum companies.

    Yes, profit for companies is a good thing, so it is the best economic interest of the oil companies to maintain a shortage as long as profits remain at an all-time high.

    I personally dont like the words "price gouging."  What is called "price gouging" is just capitalism at its best or worst, depending on whether you are buying or selling.

  6. 39 minutes ago, bruce t said:

    The simple truth is that no one will invest in facilities that will have a limited future. Believe in climate change or not governments all around the world are working overtime to end the fossil fuel industry. Would you invest in something that may not give you a long term return on your money?

     

    Or something that would reduce your profits?

  7. 6 hours ago, Kirk W said:

    But it is far more fun to jump into conspiracy theories than to actually dig into the facts. Conspiracies have become the favorite pastime of many people today and it must be a lot of fun as the number doing it keeps growing! Some of the same people who poke fun at the https://theflatearthsociety.org/home/Flat Earth Society buy into conspiracies that are just as farfetched. 

    Yes, somehow, truth, facts and reality no longer matter to a growing number of people.

  8. 23 minutes ago, Chad Heiser said:

    Saying that oil companies don’t want to build refineries is not completely accurate.  I can tell you for a fact there has been a long standing attempt to build a new oil refinery outside of Belfield, ND.  With all the production from the Bakken field (a massive oil deposit) it makes better financial sense for the producers to pipe the oil direct to a local refinery and then ship refined fuel rather than crude oil.  The company has been working at getting the refinery built for years.  They were sued by environmental groups and had to jump through other governmental whoops.  Just as all of the hurdles were getting resolved, the new administration came in with a perceived anti oil agenda (this is not intended to be political, it just is what it is) and that threw another wrench in the works and caused the brakes to get pushed on the project again.  I have a vested interest in this company moving forward with their plans because they intend to do part of it on some family property.  It has been very frustrating seeing all the hurdles they have had thrown in their way.  I personally would love to see more refineries built in the US.  We have plenty of our own oil and should not depend on foreign sources to meet our needs.

    I agree, and the government should prohibit sales of crude or oil its' derivatives until prices reach a predetermined level.

  9. 17 minutes ago, Randyretired said:

    When we see a bill the original bill is for the providers normal retail amount.  It is then readjusted to Medicare rates which are significantly less.  The copay probably is all that is due.  Before Medicare we saw the same kind of scheme to make us feel like we got a good deal.

    My understanding is that the difference between what a provider charges and what the provider has agreed to accept from Medicare is considered a loss by the provider, and can be deducted from income by the provider.

  10. 52 minutes ago, oldjohnt said:

    To that I say grrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr  It comes as no surprise US brands of LiFePo4 batteries aren't totally manufactured in the USA another grrrrrrrrrrrrrrrrrrrrr

    CONGRATULATIONS on building your own. Will Prowse suggest the same and it can save you some big bucks...

    John T

    Even if you build your own batteries, the cells come from China.

  11. 2 minutes ago, mptjelgin said:

    Correct. I don't believe that any of the cells in the 12V replacement batteries are US made.  Very likely that the cells in many of the "knock-off" batteries are coming off of exactly the same assembly lines as cells for Battle Born, Renogy, and other "name brands".  Likewise the BMS components, cases, etc.

    One thing that most of the more reasonably priced batteries dont have and that is a low temperature cutoff, or a heater. My battery does not have a low temp cutoff, but I dont plan on being where it is that cold that long anyway. Also, the problem is with charging cold lithiums, and not  discharging them.

     

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