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2022-06-16 Economy

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Posted by Lord Garth 2022-06-16 00:00|| || Front Page|| [11134 views ] Top

#1 Florida men steal nearly 1,100 gallons of diesel fuel from gas station, police say

Posted by Skidmark 2022-06-16 00:05|| 2022-06-16 00:05|| Front Page Top

#2 Tax on diesel to rise 9 cents per gallon in Connecticut on July 1st

Posted by Skidmark 2022-06-16 00:06|| 2022-06-16 00:06|| Front Page Top

#3 This also affects farmers - all the modern tractors use DEF. Going to need that to get the crops out of the fields. Possibly a contributing factor to why planting is far behind schedule as compared with last year.

And speaking of shortages - learned about the shortage of CT contrast dye for use in hospitals for radiology. Presumably many other shortages lurking below the surface as well

Posted by Slenter Panda4300 2022-06-16 06:43|| 2022-06-16 06:43|| Front Page Top

#4 I remember filling my 1000 gallon heating oil tank once a year for less than 80 cents a gallon. Of course, that was at the end of the 80s.

Good times...

Posted by M. Murcek 2022-06-16 07:15|| 2022-06-16 07:15|| Front Page Top

#5 DEF in a nutshell https://sensingonline.blogspot.com/2022/06/get-ready-for-catastrophic-def-shortage.html?m=1

Posted by Cloluck Bourbon1058 2022-06-16 08:48|| 2022-06-16 08:48|| Front Page Top

#6 all the modern tractors use DEF.

My 2021 Kubota 4701 does not.

It is engineered to collect exhaust emission 'soot'. After a time (shorter for low RPM like plowing, longer for high RPM work like mowing) the engine goes into a 'regeneration' stage of high RPM and cleanly burns the residue.

Posted by Skidmark 2022-06-16 08:58|| 2022-06-16 08:58|| Front Page Top

#7 ...Saw a thought on the DEF situation the other day - there is probably a reasonably simple hack that could be used to bypass the DEF system in the event of a no-sh!t emergency. BUT...the bureaucrats will die on that hill: they will say 1) we can't damage the environment no matter how bad it is, and 2) they will be in mortal terror that we'll refuse to go back to using the stuff.

Mike

Posted by MikeKozlowski 2022-06-16 09:43|| 2022-06-16 09:43|| Front Page Top

#8 Ummm, your 4701 is not capable of large scale ag use as it is a compact tractor. I believe large scale production is what Slenter was referring to. Neither my 5100 or 040 use DEF, but they are small by comparison to the big equipment.

Posted by Vespasian Ebboting9735 2022-06-16 09:50|| 2022-06-16 09:50|| Front Page Top

#9 #7 Then we need a reasonably simple hack to bypass the bureaucrats.

Posted by Matt 2022-06-16 09:53|| 2022-06-16 09:53|| Front Page Top

#10 I asked Mr. Wife about setting up urea production in America. He said the process itself is explained in Wikipedia. The issue is that it takes two to three years to get a factory up and running once all the plans have been approved.

That sounds to me like under a President Trump the process would take about 25 months from conception to ribbon cutting, but while President Biden inhabits the White House no dirty pee-factories will be allowed.

Posted by trailing wife 2022-06-16 10:10|| 2022-06-16 10:10|| Front Page Top

#11 The left believes ghey rainbow farts and wooden spools in the earlobes will carry humanity into the Brave New Age.

Posted by M. Murcek 2022-06-16 10:21|| 2022-06-16 10:21|| Front Page Top

#12 The entire country will devolve into economic catastrophe because of truck software. Seriously, you can't McGyver this with alligator clips and wire?

Posted by NoMoreBS 2022-06-16 11:56|| 2022-06-16 11:56|| Front Page Top

#13 ^ Electronic issues I'm having with my 2008 Jeep Liberty have me looking at an old CJ with a 4 cyl engine, a battery and headlights.

Posted by M. Murcek 2022-06-16 12:09|| 2022-06-16 12:09|| Front Page Top

#14 Just wait , a shit ton of cattle dropped dead in Kansas yesterday due to heat. I'm sure we are going to see every shortage possible in the next few months.

Posted by Chris 2022-06-16 12:42|| 2022-06-16 12:42|| Front Page Top

#15 This shortage is connected to Russia's invasion of the Ukraine. A lot of the input material for this product is made in Ukraine and Russia. If shortages become severe it threatens all products delivered by trucks, including food.

That's about as smart as letting China assemble our computers.

Posted by Abu Uluque 2022-06-16 14:52|| 2022-06-16 14:52|| Front Page Top

#16 Ukraine does not make any stuff we need. Russia does not make any stuff we need.

Posted by M. Murcek 2022-06-16 14:56|| 2022-06-16 14:56|| Front Page Top

#17 ^ Trolls will foam at the mouth about this immediately.

Posted by M. Murcek 2022-06-16 14:59|| 2022-06-16 14:59|| Front Page Top

#18 Yesterday was rather mild, but it has been hot enough recently for heat fatalities.

Back in December was the 400,000+ acre Four County fire which killed thousands of head. A "Hay and Ammo" call.

Posted by swksvolFF 2022-06-16 15:10|| 2022-06-16 15:10|| Front Page Top

#19 They've been sluggin it out over there for hundreds of years, maybe more. Stay out of it. If they come after us, or attack one of our bases, ships, or planes.....say nothing and kill every one of the SOB's and continue to say nothing.

Posted by Besoeker 2022-06-16 15:11|| 2022-06-16 15:11|| Front Page Top

#20 The entire point of Bidet / Nuland involvement in Ukraine is to undo Trump's complete disengagement from OPEC+

Posted by M. Murcek 2022-06-16 15:20|| 2022-06-16 15:20|| Front Page Top

#21 Murcek/17. Not trolling … don’t have a union card. Boeing is slowing production of their aircraft by 1/3 as the processed (not raw) titanium products come from Russia. And 20% of US energy comes from nuclear power plants - 40% of the uranium pellets (not sure of the nomenclature) come from Russia. There are other places to buy aluminum, diesel friendly crude, steel, wheat, etc. but probably not at the same price and with uneven quality. If the US really believes sanctions work then the government should consider eliminating the loopholes that allow us to buy so many things on the grey market - and indirectly fund both sides of the war in Ukraine

Posted by Slenter Panda4300 2022-06-16 16:10|| 2022-06-16 16:10|| Front Page Top

#22 I understand Ukraine does make cash deposits and withdrawals, and can make checks clear.

IIUC that area has been contested since forever as a natural transit east-west, grazing land, and salt.

Posted by swksvolFF 2022-06-16 16:19|| 2022-06-16 16:19|| Front Page Top

#23 Biden and Jerome Powell have completely screwed themselves by pretending that it's an excess demand issue that requires slamming the brakes on money creation i.e. raising the borrowing rate. But the time for throttling demand passed over a year ago, when Biden and other leaders were flooding the economy with trillions in free money for their people. That terrible decision was made and the damage can't be undone.

Right now, the only way out of the horrific stagflation trap is to solve the supply (shortage) issue.

The fastest way to flood the world markets with supply is by ending sanctions on Russia, immediately. Currently the West overlays for crude while China and Indua receive Russian crude at a 25% discount. Ending sanctions would drop the world oil price by at least 15% very rapidly, and even more for the Western nations.

The same logic applies to the price of food and most other global commodities. Clamping down on supply from the world's largest exporter during a time of hyperinflation was probably the stupidest policy mistake of our lifetimes.

Posted by Jean-Paul 2022-06-16 16:53|| 2022-06-16 16:53|| Front Page Top

#24 Just wait , a shit ton of cattle dropped dead in Kansas yesterday due to heat. I'm sure we are going to see every shortage possible in the next few months.

2000 - 3000 estimate. Best sounding cause is that it has been mild - cool and rainy in fact - and went straight to 100+ almost literally overnight, and they couldn't acclimate fast enough. All speculation so salt the why accordingly.

Posted by swksvolFF 2022-06-16 17:19|| 2022-06-16 17:19|| Front Page Top

23:57 Hupoluse Sforza9293
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23:44 Skidmark
23:40 trailing wife
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22:57 DarthVader
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22:14 swksvolFF
22:00 trailing wife
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