2014 Gasoline Price Forecast

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ElFenix

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Super Moderator
Mar 20, 2000
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Gas is up 6 cents in the last hour. At the current rate we'll have $160 per gallon by memorial day
 

Londo_Jowo

Lifer
Jan 31, 2010
17,303
158
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The Union people working there deal with the hazards related to the job every day and some random contractor that comes there to work randomly at times does not fully understand what he is doing. When was the last time you had a contractor die on the job from not understanding what he was dealing with?

It isn't all about the money. The pay raises will come as they usually do. If you don't work in the industry, you do not understand what these people deal with on a daily basis, especially during a turnaround.

How would you feel about negotiating your health benefits and going from an 80/20 split to a 50/50 split or worse?

They want ceilings lowered on health payouts.

What is wrong with these two positions?

Some contractors seem like they just came from McDonald's. They need to staff up more people when they have nested contractors in there for more than a year.

Fatigue management came from the company side and the union is for it but it will require more staffing. See the problem?

It's very obvious you've never worked in a refinery nor understand the safety training/worker skills required to work in one as a contractor. I gather you've not seen the reports that show explosions in plants where people died due to operators ignoring/bypassing alarms. As for fatigue, all the refineries I've worked in over the few years have required fatigue days that their employees and contractors must take based on hours worked.
 

cabri

Diamond Member
Nov 3, 2012
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It's very obvious you've never worked in a refinery nor understand the safety training/worker skills required to work in one as a contractor. I gather you've not seen the reports that show explosions in plants where people died due to operators ignoring/bypassing alarms. As for fatigue, all the refineries I've worked in over the few years have required fatigue days that their employees and contractors must take based on hours worked.
Union shill?
 

Adrenaline

Diamond Member
Jun 12, 2005
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It's very obvious you've never worked in a refinery nor understand the safety training/worker skills required to work in one as a contractor. I gather you've not seen the reports that show explosions in plants where people died due to operators ignoring/bypassing alarms. As for fatigue, all the refineries I've worked in over the few years have required fatigue days that their employees and contractors must take based on hours worked.

I have worked in a refinery for over nine years now. I am in a Union. Guess which one.

I have experienced the safety topics you brought up first hand. I would rather have an employee I know that has been through all the safety training where I work than some random person off the street. I am well aware of what I go through for Unit training and Safety training. A lot of contractors we get in here, outside of the few nested contractors, do not have enough safety knowledge.

The refinery I work at implemented a fatigue policy for turnarounds about two years ago. The policy does not apply to regular working shifts.
 
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Pulsar

Diamond Member
Mar 3, 2003
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I have worked in a refinery for over nine years now. I am in a Union. Guess which one.

I have experienced the safety topics you brought up first hand. I would rather have an employee I know that has been through all the safety training where I work than some random person off the street. I am well aware of what I go through for Unit training and Safety training. A lot of contractors we get in here, outside of the few nested contractors, do not have enough safety knowledge.

The refinery I work at implemented a fatigue policy for turnarounds about two years ago. The policy does not apply to regular working shifts.

Unless your Union is different than every single other Union on the planet, they have just as many worthless incompetent people than any contractor. In fact, in most cases the contracting folks will be more motivated and knowledgable, because they can be thrown out at a moments notice if management of the location they are contracting to doesn't like them.

I work with thousands of union individuals on a daily basis, and I can tell you with 100% certainty that training is completely secondary when compared against each individual. If someone is safe, they are safe. If they aren't, they aren't. 99% of it is the person involved. The training just makes them aware of the specific dangers: it doesn't help if the individual involved really doesn't care.
 

Adrenaline

Diamond Member
Jun 12, 2005
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Unless your Union is different than every single other Union on the planet, they have just as many worthless incompetent people than any contractor. In fact, in most cases the contracting folks will be more motivated and knowledgable, because they can be thrown out at a moments notice if management of the location they are contracting to doesn't like them.

I work with thousands of union individuals on a daily basis, and I can tell you with 100% certainty that training is completely secondary when compared against each individual. If someone is safe, they are safe. If they aren't, they aren't. 99% of it is the person involved. The training just makes them aware of the specific dangers: it doesn't help if the individual involved really doesn't care.

Where I work, the Union has a lot of good people working in it, Operations and Maintenance. I love what I do.

For half the nested contractors we have, I would like to see them hired on permanently and go through all the training we go through. Some would be a great addition to the company.

We need to get more contractors in here that give a crap outside of the nested contractors we have. We get a lot of contractors that just don't seem to understand. Pipefitters tend to be the main ones.

You're right, the training makes them aware of what is going on. I see more contractors work unsafe than I should. There is so much stuff in a refinery that will maim or kill you, that it requires respect at all times. Simply hooking up a steamhose, someone should be aware of what all the hazards are. People become too complacent at times.
 
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cabri

Diamond Member
Nov 3, 2012
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Shell Union Offer #6?

OUSTON (Reuters) - The United Steelworkers union (USW) said a new contract offer was made by lead oil company negotiator Royal Dutch Shell Plc (RDSa.L) on Wednesday night as a strike by U.S. refinery workers ended its fourth day, a union spokeswoman said.

"The USW has received an offer and will respond after consideration of the offer tomorrow," said the USW's Lynne Hancock. "I don’t know what time they will consider it. Contents of the offer will not be revealed."

Interesting in that they refuse to allow anyone but the union bosses/negotiators to know what is being offered. :\

Makes it difficult to evaluate from an outsiders perspective.
 

cabri

Diamond Member
Nov 3, 2012
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2-3-2015

http://finance.yahoo.com/news/oil-firm-two-day-rally-015856817.html

Oil jumps as dollar plunges, up nearly 20 percent in four days



Oil prices rose on Tuesday, headed for the biggest four-day advance since January 2009


U.S. oil drilling rigs, measured by oil services firm Baker Hughes, had fallen their most in a week in nearly 30 years.

And what goes up, comes back down

Oil crashes after four-day rally; U.S. inventory renews glut worry

Link
NEW YORK (Reuters) - Oil prices crashed on Wednesday, with U.S. crude losing 9 percent in one of its biggest daily routs ever, as record high oil inventories in the United States cut short a four-day rally.

The abrupt turn, coming after a 19 percent price gain between Thursday and Tuesday, also raised questions on whether the market had found a bottom to the selloff that began last summer and is now in its eighth month.

The price rebound over the past four days was sparked by data highlighting the dramatic drop in U.S. oil drilling rigs in recent months and a cutback in the exploration budgets of energy firms. Those numbers had suggested to some market players that the crude glut might be overcome more quickly than expected.

But research analysts at investment banks said on Wednesday the market will likely remain oversupplied through the first half.

"In our experience, oil markets rarely exhibit V-shaped recoveries and we would be surprised if an oversupply situation as severe as the current one was resolved this soon," Macquarie Research said in a report.
 

Meghan54

Lifer
Oct 18, 2009
11,684
5,225
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Oil Heading for $30

So much for the rally. Oil will likely still head as low as $30, analyst John Kilduff told CNBC on Thursday.

What you saw over the past several days was technical in nature, a short squeeze.

Data on Friday that showed exploration and production companies had shut down 90 rigs in the prior week boosted the rally. Kilduff said that the industry had merely gotten rid of "the runts of the litter," noting that U.S. production had not fallen and still stands at 9.1 million barrels a day.

http://www.msn.com/en-us/money/mark...lar30-currency-war-coming-analysts/ar-AA911Uj
 

Adrenaline

Diamond Member
Jun 12, 2005
5,320
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Shell Union Offer #6?



Interesting in that they refuse to allow anyone but the union bosses/negotiators to know what is being offered. :\

Makes it difficult to evaluate from an outsiders perspective.

I am not in on all of this. I thought one side might have leaked something out there about what is going on. There isn't a lot they are negotiating.

I can't recall exactly if we find out that night or early the next day with regards to any progress made.

About all the stuff with contractors. I like contractors in general. I just wish we would get more that were described how Pulsar did, but that is not the case.

CAT Spec has the best contractors I have ever dealt with.
 

cabri

Diamond Member
Nov 3, 2012
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http://news.yahoo.com/oil-prices-spike-volatile-trade-195759765.html

Oil prices spike in volatile trade (Make Dave happy - but he will not pay attention to the rest of the article)

New York (AFP) - Oil prices rallied Thursday in volatile trading, partly erasing the prior day's heavy losses in what analysts said was mostly a technical rebound.

US benchmark West Texas Intermediate (WTI) for delivery in March surged $2.73 (4.2 percent) to $50.48 a barrel.


"Volatility is rampant in oil markets right now; prices are gyrating up and down by 5.0 percent every other day as traders jostle for position," said Jasper Lawler, market analyst at trading group CMC Markets UK.

Matt Smith of Schneider Electric said that Thursday's action was more than anything caused by a technical bounce-back from steep falls.
 
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dmcowen674

No Lifer
Oct 13, 1999
54,889
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www.alienbabeltech.com
The Liars, Losers and Cowards like Majic and Indy will refute this of course.

2-6-2015

http://www.cbsnews.com/news/why-are-gas-prices-suddenly-heading-north/


Why are gas prices suddenly heading north?



Gas prices are starting to zoom higher, jumping more than 20 cents overnight in some parts of the country this week.
Residents of Bay City, Michigan, saw gas prices soar to $2.32 a gallon



Wednesday from $2.04 the day before, according to GasBuddy.com. Two cities in Ohio -- Cincinnati and Columbus -- saw prices jump 22 cents over the same period.


States that saw dramatic increases overnight include Indiana, Kentucky and Illinois, although Michigan and Ohio were the hardest hit.
 

IndyColtsFan

Lifer
Sep 22, 2007
33,655
687
126
The Liars, Losers and Cowards like Majic and Indy will refute this of course.

2-6-2015

http://www.cbsnews.com/news/why-are-gas-prices-suddenly-heading-north/


Why are gas prices suddenly heading north?



Gas prices are starting to zoom higher, jumping more than 20 cents overnight in some parts of the country this week.
Residents of Bay City, Michigan, saw gas prices soar to $2.32 a gallon



Wednesday from $2.04 the day before, according to GasBuddy.com. Two cities in Ohio -- Cincinnati and Columbus -- saw prices jump 22 cents over the same period.


States that saw dramatic increases overnight include Indiana, Kentucky and Illinois, although Michigan and Ohio were the hardest hit.

No one has ever said that gas prices don't go up, you lying cowardly little pussy. What's funny is that you're such a pathetic little cowardly sissy that you can't even answer simple questions about your HILARIOUSLY wrong "predictions" and instead, put people on ignore because you're a scared little coward. I mean, everyone reading this thread knows who the coward is -- YOU, because you won't man up and answer some simple questions about your "predictions" because you KNOW you made a complete fool out of yourself and can't lie your way out of it so instead, you just ignore people. You're a disgraceful failure at life.

But I do have to say, they could use your head as a basketball from this comparison photo since obviously no thinking occurs inside it:

 
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werepossum

Elite Member
Jul 10, 2006
29,873
463
126
Gas is up 6 cents in the last hour. At the current rate we'll have $160 per gallon by memorial day
lol Fun with math.

It's up over twenty cents for the week in Chattanooga. To look at the positive side, it's still plenty low enough to provide a nice economic boost (compared to $3.30) while the sudden increase might convince some people that a new Ford Escape might be a better choice in the long run than a new Ford Excess.
 

cabri

Diamond Member
Nov 3, 2012
3,616
1
81
Posts but refuses to comprehend what he posts. the reason is what eery one tells him, but he plugs his ears like a little child.
Prices generally head north around this time every year. We're at the start of refinery maintenance season, when refineries generally take some of their units offline for inspection, testing and improvements. Refineries also use the time to switch from winter gasoline, which uses more butane, to the more expensive type of fuel used in the summer. The lost production generally sends gas prices up.

Gas prices tend to rise 30 to 50 cents a gallon between early February and the middle of spring, according to AAA.
 

IndyColtsFan

Lifer
Sep 22, 2007
33,655
687
126
Posts but refuses to comprehend what he posts. the reason is what eery one tells him, but he plugs his ears like a little child.

According to Dave, apparently refinery maintenance isn't really necessary and is just an excuse the "oil thugs" give for raising prices.

I guess Dave must be a "wage thug" because once per year, I'm sure he raises the price of his employment to his employer. Am I right?
 

Londo_Jowo

Lifer
Jan 31, 2010
17,303
158
106
londojowo.hypermart.net
According to Dave, apparently refinery maintenance isn't really necessary and is just an excuse the "oil thugs" give for raising prices.

I guess Dave must be a "wage thug" because once per year, I'm sure he raises the price of his employment to his employer. Am I right?

Another thing McOwned doesn't understand some of the maintenance and testing of critical machinery protection devices are required by the companies that insure said equipment.
 
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