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landowner Comment by adubu on May 29, 2011 at 15:38

Tapping our Strategic Reserves may no sense in attempt to decrease gasoline price since storage in Ok is at max saturated in oil because we can not deliver the crude to the refinery and the refinery has to pay higher import price of Brent rather than WTI prices. It would not decrease gasoline price today. This is reason for different in price WTI ~ $100 vs Brent at $116 . Obama should permit a new refinery near the supply. No new refinery for > 40 years in the USA

Comment by Aubrey C. Sanders, Jr. on May 20, 2011 at 5:55

Two Dogs, Pirate,

Thank you for friend invite. I do appreciate that and graciously accept. Now, perhaps I can start to rebuild personal contact info which has been lost and start over as a newby. But, most importantly to me is that I can have my 2 cents worth of say. Thank you again. I value your friendship very much.

Oil & Gas Pro Comment by Two Dogs, Pirate on May 20, 2011 at 5:18

Mr. Sanders, I to have been having trouble with the site for  several months now. As long as I don't log in everything works normal but once I log in everything slows to a snails pace. I can't put my finger on what went wrong because there where several events that happened around the same time. One being a short circuit of my mother board and while I was rebuilding my rig Kieth made some changes to GHS. Thanks for the complement on my post and check your inbox for a friendship request from me.

Comment by Aubrey C. Sanders, Jr. on May 20, 2011 at 4:50

Two Dogs, Pirate

My sentiments exactly. Well said. Thank You.

It is good to be back on GHS again after not having been able to access site for many months. With the help of my daughter we were finally able to get around all the road blocks and get back on although I had to sign up as new member and lost all of my friends. All I get on this site is "you have no friends on this site!"

Oil & Gas Pro Comment by Two Dogs, Pirate on May 19, 2011 at 13:11

The SPR is one of the few things that have made since, in my lifetime, that the government has done. I really don't know a whole lot about the way the gov does it and you can bet we are getting screwed in some form or another but the vast majority of the oil in the SPR would have been bought at below $25 per barrel, IMO. The best deal is to buy at the low price and never sell because it is like money in the bank. I would bet that the feds don't look at it the way I do. They could have bought all they wanted back in the late 90's at $10 per barrel but they probably had quotas that required them to buy so much per month or year at whatever the price. Lets keep the SPR in our pocket and only use it in our military defence when China comes calling for repayment of a debt to them that has gotten way out of hand. The one that has the most fuel in reserve might come out on top.

Comment by Aubrey C. Sanders, Jr. on May 19, 2011 at 12:03

ONLY WHEN ALL OTHER SOURCES ARE EXHAUSTED!!!!!!!!!!!!!!!!!