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| Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi: |
01-29-2011, 04:51 PM
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#1
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Old Guy
Join Date: Oct 2004
Location: Mansfield, MA
Posts: 8,760
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What's the tonnage limit of the Suez? Most oil goes around not through the Suez, IMO it's been fading in importance
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01-29-2011, 05:07 PM
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#2
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Registered User
Join Date: Feb 2004
Location: RI
Posts: 5,705
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Because of this situation its being speculated that the price of crude could spike at close to $200 a barrel.Will this happen probably not but I'm not taking any chances.Just bought 175gals. at $3.05 today.Will be delivered 1st thing Mon. morning.This should get me thru the majority of Feb/Mar.
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01-29-2011, 05:10 PM
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#3
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Old Guy
Join Date: Oct 2004
Location: Mansfield, MA
Posts: 8,760
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that could be 5.50 diesel. Uh oh.
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01-30-2011, 10:50 AM
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#4
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Registered User
Join Date: Sep 2006
Location: Mansfield
Posts: 4,834
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Quote:
Originally Posted by striperman36
that could be 5.50 diesel. Uh oh.
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Drill baby drill!!!! Maybe it's time Obama comes back from endless vacation and put American's back to work. |
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01-30-2011, 08:28 AM
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#5
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,468
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Quote:
Originally Posted by basswipe
Because of this situation its being speculated that the price of crude could spike at close to $200 a barrel.Will this happen probably not but I'm not taking any chances.Just bought 175gals. at $3.05 today.Will be delivered 1st thing Mon. morning.This should get me thru the majority of Feb/Mar.
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I just checked rates the other day and 3.05 looks to be pretty good.
This situation doesn't appear to be improving.
Looks like the Egyptian military is working with the US on what the hell to do.
-spence |
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01-30-2011, 06:08 PM
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#6
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Registered User
Join Date: Feb 2004
Location: RI
Posts: 5,705
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Quote:
Originally Posted by spence
I just checked rates the other day and 3.05 looks to be pretty good.
This situation doesn't appear to be improving.
Looks like the Egyptian military is working with the US on what the hell to do.
-spence
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Already went up .10 since I called yesterday morning!I'm now sure I did the right thing. |
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01-30-2011, 06:18 PM
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#7
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Registered Grandpa
Join Date: Nov 2003
Location: east coast
Posts: 8,592
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Quote:
Originally Posted by basswipe
Already went up .10 since I called yesterday morning!I'm now sure I did the right thing.
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Good move as I believe it was headed to the high $3 range anyway
before this debacle. |
" Choose Life "
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01-30-2011, 08:34 PM
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#8
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Keep The Change
Join Date: Oct 2000
Location: The Road to Serfdom
Posts: 3,275
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Suez is still important for military sealift (equipment) and goods to and from Europe, hence the hijackings off Somolia.
No length restrictions, 254 feet wide, 66 feet draft, max height 223 above water level.
Last edited by Fishpart; 01-30-2011 at 08:47 PM..
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