patrick.net

Sure Marcus is right, my ass he's right, he's as full of crap as you are. I'm not denying that there's not a shit load of gas moving around the country with no where for it to go. just because you're cornering the market by shorting on Oil you never see, and that same barrel of Oil is wholesaled 5 times before it then gets sold at the pump. I don't know about you, but dring used to be a motherfucker. ANd getting gas was the worst part. Why cars used to line up around the block to get gas. I can't think of the last time I've had to wait for a gas pump.

from Marcus link

When market conditions become more volatile because of weather or crude oil events, Nymex -based prices may rise somewhat, while spot market prices may soar. A gasoline market in which spot market prices are higher than NYMEX prices for future deliveries is termed a "backwardated market" and generally indicates that the markets believe that current upward pressures on prices will ease in the future.

Many gasoline wholesalers and retailers use the Nymex to hedge their gasoline supply needs, thereby reducing their exposure to future gasoline price movements. However, many trades of Nymex futures contracts are undertaken by "paper traders" - brokers and speculators that never expect to take physical delivery of a gallon of gasoline from a Nymex futures contract. These paper traders tend to lead Nymex contract prices up or down based on market conditions and breaking news events.

CaptainShuddup says

Show me ASSHOLES where on the EIA site does it define US Product supplied Gasoline as "Gasoline Consumed"?

Here's the Gas consumed that's IF you're interested in facts.

And I gotta tell ya, I've known

Wow, a whopping 7% drop from the peak of the boom. Gee we are right back where we started pre boom. Returning to the norm after a bubble. what a concept. Who'd of thunk it. WTF happened to 50%? Where's my proof there are less than half the cars on the road than 1983? Where is my US ebola epidemic? Can't you come through on anything?

BTW who do you think that gasoline was supplied to?

Curiosity overwhelms me. Exactly how much money did you make investing based on your sure knowledge?

This would make an excellent first topic for your youtube channel. Make us proud.

Here are some vehicle crash statistics:http://en.wikipedia.org/wiki/List_of_motor_vehicle_deaths_in_U.S._by_year

There is a column with vehicle miles travelled in the US (in billions).
1973: 1313 billion miles traveled in the US
2006: 3014 billion miles traveled in the US
2012: 2969 billion miles traveled in the US

So, from 2006 to 2012, we have had about a 10% decrease in gasoline consumption (see my earlier post) with a 1.5% decrease in miles travelled. This is consistent with my earlier statement that much of the decrease in fuel consumption is due to efficiency improvements (Thank you Obama). It has nothing to do with your imaginary plummeting number of vehicles on the road.

How do you even begin to approach the topic of traffic in your imaginary world where 2/3 of the traffic disappeared since 2006?

CaptainShuddup says

Sure Marcus is right, my ass he's right, he's as full of crap as you are. I'm not denying that there's not a shit load of gas moving around the country with no where for it to go. just because you're cornering the market by shorting on Oil you never see, and that same barrel of Oil is wholesaled 5 times before it then gets sold at the pump. I don't know about you, but dring used to be a motherfucker. ANd getting gas was the worst part. Why cars used to line up around the block to get gas. I can't think of the last time I've had to wait for a gas pump.

Geggudu bub-bub-bub b-Buh doink AAAH-buhh-buhh-buhh-buhh.

Flegth wihdma blah blah blphhhhhb! Aw prak!

Dubiduh-bduh-bduh-bduh. Har-RUMMPH! Duh-duh-duh badu snarl snarl spit gabuduh bluh!

HE knows he's an idiot and feels inferior. But lying like a world class asshole to make us jump through a bunch of hoops to repeat the obvious over and over makes him feel special.

What kind of asshole is amused by acting even more stupid than he really is (no small trick) just to get a bunch of honest people reacting to his bullshit ?

An interesting side fact. He's the conservative (maybe even calls himself a "free market conservative") who thinks the global commodities market are totally fraudulent.

I'm the "liberal" who believes that the commodities markets actually work, even if they might be manipulated slightly at times (at great risk to those manipulating them).

Strange isn't it ?

Gasoline is obsolete.

Hydrogen took over.

Sell now or lose it all.

sbh says

Even a birdbrain recognizes an idiot and the muse.

I'm not denying it. But this thread is more frustrating than the usual. But you're right. I get bored and let him troll me. But it's not always THAT passive agressive or THAT dishonest.

I've put him on ignore before (from time to time) with the other assholes. And tell myself I should again.

Gasoline is obsolete.

Hydrogen took over.

Sell now or lose it all.