Husband/Dad/MBA/Founder. Creator of Sneak a Squeak đđ¨đ, Paw-Pourri đđ¨đ¤˘ & @CrudeIQ.
Springville, UT
Joined July 2017
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Man, the world just needs a big hug.
I donât personally know most people who will end up reading this, but if youâre going through a hard time and just need someone to vent to, my DMâs are open. Sending you all LOVE! â¤ď¸
Mark Acor retweeted
Words are cheap. Actions show us the truth.
As long as there are regular attacks on oil infrastructure oil/gasoline/diesel prices will remain high, no matter how many statements or "agreements" leaders make.
#oott #gasprices #diesel
Iran's Tasnim, citing Yemeni sources, reports an attack on Saudi Arabia's Petro Rabigh refinery near Jeddah. Saudi authorities haven't confirmed it, but imagery appears to show a storage tank fire. #Oil #SaudiArabia #Refining #Houthis
oilprice.com/Latest-Energy-NâŚ
Mark Acor retweeted
We laugh so we donât cry. #oott
Mark Acor retweeted
In a week weâll be begging oil to come back down to $100. #OOTT
Mark Acor retweeted
Utah's gas prices just jumped $0.19 in a single week. Do you know why? đ¤¨
Stop guessing and start tracking. Iâm sharing clear data and economic insights for the curious driver in the latest CrudeIQ newsletter. #OOTT #oilprices
Link in comments.
Mark Acor retweeted
Elder Gordon B. Hinckley, then a member of the Quorum of the 12, some years ago called my father to be a Stake President. That Sunday, in between some stake meetings, Elder Hinckley and my father were walking down a hallway in the stake center. Elder Hinckley had his arm looped around my fatherâs arm.
Suddenly, my father said he was jerked to the left as Elder Hinckley pulled him into the menâs restroom. President, (it helps if you imagine President Hinckleyâs wonderful voice here đ), âPresident, Iâm going to give you some advice and counsel that has served me well over the years. You will now be spending a lot of time in meetings. Those meetings can be very long. Sometimes during those meetings you will have wished you had visited a restroom before the meeting began. Here is my counsel. Never walk by a restroom even if you donât feel the urge. At some point you will be glad you made the stop.â
Pretty wise counsel from President Hinckley. I, myself have tried to follow that counsel. He wasnât wrong. đ I loved President Hinckley.
Elder Gordon B. Hinckley, then a member of the Quorum of the 12, some years ago called my father to be a Stake President. That Sunday, in between some stake meetings, Elder Hinckley and my father were walking down a hallway in the stake center. Elder Hinckley had his arm looped around my fatherâs arm.
Suddenly, my father said he was jerked to the left as Elder Hinckley pulled him into the menâs restroom. President, (it helps if you imagine President Hinckleyâs wonderful voice here đ), âPresident, Iâm going to give you some advice and counsel that has served me well over the years. You will now be spending a lot of time in meetings. Those meetings can be very long. Sometimes during those meetings you will have wished you had visited a restroom before the meeting began. Here is my counsel. Never walk by a restroom even if you donât feel the urge. At some point you will be glad you made the stop.â
Pretty wise counsel from President Hinckley. I, myself have tried to follow that counsel. He wasnât wrong. đ I loved President Hinckley.
Mark Acor retweeted
Who doesn't love a good crude oil conspiracy theory?
Oil on water has been growing like crazy over the past few months, based on many factors like the increasing costs to hire supertankers (below), all while storage on land has slowly been declining. There is room to offload the oil, but they aren't doing that.
What if... A bunch of traders decided to build up their inventory of oil in supertankers, then, pay off a certain world super power to start a war with a middle eastern country that controls the Strait of Hormuz, which will cause crude prices to skyrocket, and right when prices get crazy high, they all start unloading their supertankers to cash in on the higher prices?
Sounds crazy, right? I guess we'll see what happens in the next couple of weeks.
If I'm right, we'll see:
1) Crude prices jump
2) Oil on water decline (reported levels will drop, supertanker prices will come down, etc)
3) On shore inventories will start going up at faster than normal
4) Gasoline prices won't rise as quickly as oil prices as the refineries won't feel the pinch from a lack of supply
5) Depending on the length of the middle east conflict, oil supply might get tight only after the oil on water surplus has been brought down.
#oott #oil #oilonwater #conspiracytheories #utahenergy
Bloomberg: The cost of hiring an oil supertanker for a one-year period has risen to an all-time high, reaching $92,000 per day.
Mark Acor retweeted
In economics, Demand exists when there are people who are both ABLE and WILLING to make the transactions. So, is demand for housing low because people are UNABLE or UNWILLING to purchase a home?
I think we all know the answer.
#housing #realestate #oott #utahrealestate #econ101
Mark Acor retweeted
CrudeIQ Vol 3 - Navigating the Spillover of Utah's Gasoline Politics
crudeiq.beehiiv.com/p/crudeiâŚ
#oott #utahgasprices #utahenergy #utah
Mark Acor retweeted
I'm not much of an advice giver,but if you want to develop an ability that will give you an advantage in the future develop your contemplation skills. Learn to be alone and just THINK. Be bored. Make your brain do things it need not do when you feed it stimulation constantly.
Mark Acor retweeted
A 6 cent drop is a start, but the real story in H.B. 575 is the long game: better data and faster infrastructure permitting. Itâs about building a more resilient supply chain, not just a quick win at the pump. #oott #gasprices #utahenergy
Utah lawmakers are advancing a new plan to lower gas prices by 6 cents a gallon.
The proposal comes months after Republicans floated ending a refinery tax break that would have saved drivers as much as 20 cents a gallon.
H.B. 575 is where Republicans say they could find consensus with stakeholders, though the reduction is lower than first hoped.
The bill would set the state gas tax at 31.9 cents per gallon, about 16% below the current 37.9 cent rate.
Lawmakers say the move is meant to give drivers relief, increase supply and boost production.
The bill also requires refineries to report production data and creates a faster permitting process for pipelines and fuel infrastructure to be used in future gas tax planning.
Todayâs AAA national gas average is $2.92 a gallon. Utahâs average is $2.72 a gallon.
Mark Acor retweeted
A little late sharing this here, but here is your crudeiq update for 2/12.
crudeiq.beehiiv.com/p/crudeiâŚ
#gasprices #oott #utahenergy #oilprices #riskpremium
Mark Acor retweeted
Oil prices are doing exactly what logic says they shouldnât.
U.S. stockpiles just jumped by 8.5M barrels, a massive supply "win" for drivers. But geopolitical friction with Iran is keeping the "fear premium" alive, keeping prices up despite the extra supply.
Data vs. Drama. #OOTT #drama #gasprices #utahenergy #crudeiq
channelnewsasia.com/businessâŚ
Mark Acor retweeted
Japanese figure skaters do opponents' celebration to congratulate her on winning the competition â¤ď¸âđŠš
Humanity must be exactly like this đĽ°
Mark Acor retweeted
I would offer that Alex Pretti putting his bodyâwith his hands upâbetween a woman and the BP agent who had just violently shoved her into the snow, offer stark competing visions of manhood. Pretti, a nurse caring for veterans, who took a face full of pepper spray to shield that woman, is a much better masculine ideal that the masked coward shoving the woman and executing a man on his knees. MAGA may venerate the latter, but most people in a healthy society want the former.