Domain: tiger-web1.srvr.media3.us User Profile: ragincajun03 | TigerDroppings.com
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Number of Posts:27911
Registered on:11/20/2007
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HOUSTON/LONDON, Jan 16 (Reuters) - The U.S. government is not currently considering using Venezuelan oil in an exchange with U.S. oil companies to refill the country's Strategic Petroleum Reserve, the Department of Energy said on Friday.

Earlier on Friday, Reuters reported that two sources said the Trump administration was exploring a plan that would deliver Venezuelan oil to U.S. refineries in exchange for U.S.-produced crude. The U.S. crude would be used to help fill the SPR, the world's largest emergency oil stockpile, which is held in a series of underground caverns on the Texas and Louisiana coasts.

"This is false," a U.S. Energy Department spokesperson said. "We are not currently considering using Venezuelan oil to refill the SPR."

There is also no exchange planned currently, the spokesperson said.
Venezuelan crude oil is largely denser and higher in sulfur than the crude oil in the SPR, which has long been filled with crude produced in the United States.

The two sources said the Trump administration is looking to move the Venezuelan crude into storage tanks at the Louisiana Offshore Oil Port from where it can be shipped to refineries.


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Trump pledged on the first day of his second term to fill up the emergency reserve as part of a policy to support oil and gas.

The SPR currently holds about 414 million barrels in underground salt caverns, about 60% of its total capacity. A lack of funds and ongoing maintenance at the reserve have so far limited the administration's plan to refill crude.

U.S. Energy Secretary Chris Wright has said the Trump administration was exploring alternative approaches to replenish the reserve without direct government spending, including potential deals with private companies to supply oil.

A major tax and spending bill last year included about $171 million for SPR oil purchases and maintenance, much less than the $1.3 billion that had originally been in the legislation.


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Cajun. Acadiana Cajun.

I do love Thai food, but give me everything from Cajun style boiled seafood, fried specks and flounders, chicken & sausage gumbo, brown jambalaya, blackened chicken pasta, seasoned steaks, boudin, smothered green beans, meatball fricassee, etc., etc.
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Fishback joined the hedge fund Greenlight Capital in 2021.[14] Fishback was employed by Greenlight Capital until 2023, when he resigned ahead of a planned termination cited for low productivity.[15]

In October 2023, Fishback sued Greenlight Capital over a dispute regarding his job title.[16] In his lawsuit, he claimed to have held a senior macro role, specifically as "head of macro," his second promotion in two-and-a-half years after starting as a research analyst and trader.[17] Greenlight Capital denied these claims, stating that the position of "head of macro" never existed.[18][19]

In June 2024, Greenlight Capital countersued Fishback, alleging misrepresentation of his role, breach of his employment agreement, and defamation.[19] In September 2025, Fishback admitted to sharing confidential Greenlight positions and strategies via his personal email and operating an undisclosed trading account, violating his employment agreement. As part of the settlement, he agreed to delete or return all Greenlight materials in his possession and pay the firm's legal expenses.[20] Fishback claimed to be unable to pay back Greenlight's legal expenses, and, as a result, had his Tesla Model Y repossessed in September 2025.[21]


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Donalds... 47 years old. Been running for Federal political office since the age of 34. But heck, at least he's had a longer non-politics professional career for WAY longer than Matt Gaetz.
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Well...did you get a Twitter account?


Yep. Kind of embarrassed.

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What you learned?


That they seem to be pretty big fans of Moncrief Oil Co./Family.

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Wonder what the well design looks like.


WAAYY out ahead of my skis with talk like that. :lol:

Tweeter did show me "Lando the Landman" as someone else I should follow.
What kind of sane, aspiring professional would want on their resume "Staffer for Laura Loomer"?

:crazy:
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U.S. shale producer Continental Resources has halted drilling activity in North Dakota’s Bakken formation for the first time in more than three decades, as low oil prices challenge the economics of new wells. The decision by company founder Harold Hamm underscores how sustained sub-$50 crude can curb output growth even among historically aggressive wildcatters, raising questions about longer-term U.S. supply resilience. The move comes as Oil – US Crude prices remain constrained by a fragile demand outlook and ample global inventories, while weaker natural gas fundamentals continue to weigh on Natural Gas.

Over the past month, Oil – US Crude has gained about 5.52%, reflecting modest recovery as traders reassess supply risks and potential OPEC+ responses, yet the rebound has not been strong enough to prevent capital discipline and drilling pullbacks in higher-cost basins like the Bakken.


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Natural Gas has dropped roughly 17.03% over the last month amid robust production and subdued seasonal demand.


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It's worth noting this decision is probably easier than in past years, as Continental has also significantly increased its operated leasehold in the Permian, which is much cheaper per barrel to produce, especially in the middle of winter.
:lol:

Saw this a couple days ago on Grizzly’s Hood News.
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You absolutely can get flat iron steaks at HEB.


I haven’t seen them at mine, but I’ll ask the butcher. I do like all the other steaks at HEB, except I prefer to go to a local meat market for my round steaks and pork steaks.

re: Frank Scelfo vs the SEC

Posted by ragincajun03 on 1/15/26 at 8:16 pm to
quote:

He should be happy the SEC wants someone he has


If the SEC wants a player of his so bad, then they should pay a year where that player can practice but has to sit for a year.

The no-sit portal has fricked everyone but the Top 15 money programs.
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That HEB across the street used to be nice. Don’t know now.


It is still nice. Great beer selection. But I prefer the sushi at the Kroger across due to my personal preferences.

And in fact, I do all my regular grocery shopping at HEB. Normally grab the household weeks worth of stuff on Fridays, and always go to HEB for that, with periodic trips to the local butcher. It’s just that specific Kroger I like for those select things.
Sorry I offended you. I will try my best not to do it again.
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interesting. we definitely don’t have the same Kroger then. My Kroger sushi looks like gas station sushi.


So something to keep in mind, I don’t like all sorts of avacado or cucumber crunch in my sushi. In fact, I’m not much a huge sushi fan.

However, the Kroger at Buffalo Speedway & Westpark, I’ll grab that once every other week for lunch.
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Seems like a differential of sorts, no?


Since when do we let such minor details get in our way?
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Remember when the earth was supposed to run out of oil by 2000


We were about to, but God put more dinosaur bodies in the ground for us.

re: Frank Scelfo vs the SEC

Posted by ragincajun03 on 1/15/26 at 7:12 pm to
Troy, Southern Miss and UL about to have NCAA “regulators” crawling up their asses.
Don’t take my “take that” comment so seriously, baw.
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We already have enough oil reserves in the US to where we shouldn’t have to rely on a bunch of low IQ ragheads to get it for us.


Looking at latest numbers on the EIA website, for October 2025, OPEC accounted for 14.5% of all our oil imports.
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What about the other 2 months in the year?


Do without. Tis a small sacrifice in the grand scheme of saving our planet from extinction.
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PERMIAN BASIN - A recent U.S. Geological Survey assessment of previously undiscovered gas and oil in Texas' Permian Basin has found that there are enough resources there to fuel the entire nation for months.

The gas and oil, measured in trillions of cubic feet and billions of barrels, are located in the Woodford and Barnett shale, which to date have produced only a day's worth of U.S. oil consumption.

The assessment found that there are technically recoverable resources of 28.3 trillion cubic feet of gas and 1.6 billion barrels of oil, the USGS said in their Wednesday release.

According to the USGS, that's enough gas to supply the United States for 10 months at the current rate of consumption, and enough oil for 10 weeks.

The Woodford and Barnett shales, which stretch from the Permian Basin to southeastern New Mexico, have produced about 26 million barrels of oil since the late 90s, the USGS said — or enough oil for one day of U.S. consumption.

Due to the depth of these undiscovered deposits, USGS said, it was impossible to get to them before today's more advanced production technologies.


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BOOM! Take that, Venezuela!
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NEW YORK, Jan 15 (Reuters) - Devon Energy and Coterra Energy are exploring a potential merger, in a deal that could create one of the largest independent U.S. shale producers, people familiar with the matter said.

A possible combination, which would ?rank among the largest between U.S. energy producers in recent years, comes ?as U.S. crude prices remain pressured by a near-term global oil glut and the prospect of higher supplies entering the market in coming years from Venezuela.


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Devon has a market value of around $24 billion, while Coterra is worth about $20 billion. Devon and ?Coterra ?did not immediately respond to requests for comment.

While energy dealmaking was subdued in 2025, versus prior record-breaking years, arguments for consolidation among U.S. oil and natural gas producers remain valid. Benefits include economies of scale which would help control costs within a ?depressed price environment for ?crude, as well ?as securing additional resources at a time when many shale basins are maturing and new prime development land is at a premium.


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Both companies have operations across multiple shale formations, with both ?present in the Delaware portion of the Permian basin in Texas and New Mexico and Oklahoma's Anadarko basin.

Devon also has assets in South Texas' Eagle Ford play, as well as North Dakota's ?Williston basin. Coterra has a significant presence in ?Appalachia, having been formed in 2021 through a merger of Cimarex Energy and Marcellus-focused Cabot Oil & Gas.


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I think Powell is a squirrelly bureaucrat who fits right in with the DC swamp.

That said…was he also trying to sabotage Biden when interest rates kept rising from 0.25 in February ‘22 to 5.5 by July ‘23?

Just a question.