Toyota slashes production

[Turtle]

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[ITSATRUCK]

We are definitely in uncharted global supply chain territory. Not just automotive. Last year I was optimistic about by oct maverick order. Now wondering if it will get built in 2022. Supply conditions are jot trending in the right direction.

 

[Old Ranchero]

wait it can't be! They have to be out there outselling all other trucks and building a competitor to beat Maverick at the same time! Oh, the horror!

 

[Dadmezz]

Looks like an unending real trend here folks.

 

[Turtle]

Here this is how the big oil companies want to operate today.
https://www.texasmonthly.com/news-politics/100-dollar-oil-permian-not-drilling/

 

[nickmav]

Companies apparently dumped quite a bit of oil last year. Record profits for Exxon and Shell of 23 and 12 billion dollars respectively.

Sorry im not seeing the relevance of these comments.

The day after Ukraine war started, gas went up a quarter a gallon and it was the same gas that had been delivered days before...........

Are you trying to argue that they sold one day's worth of gas at a higher price than they should have? If so, please highlight the relevance of this? I dont see it. Even if true, one day out of an entire year is hardly noteworthy.

But yeah, "big oil bad" i guess.

 

[Naranjita]

I'm an 80's kid. We weren't energy independent then either.

 

[RR - All the way]

Sorry im not seeing the relevance of these comments.



Are you trying to argue that they sold one day's worth of gas at a higher price than they should have? If so, please highlight the relevance of this? I dont see it. Even if true, one day out of an entire year is hardly noteworthy.

But yeah, "big oil bad" i guess.

May not have been totally relevant. It seemed the discussion was going to become political, so I wanted it noted that perhaps oil companies do play a role in pricing. In retrospect, an earlier person was correct when he said the best answer in discussion like this, is to just ignore it.

 

[LC48]

I think I remember Toyota had a record breaking month just last May as they had hedged well against the chip shortage. Seems they learned the hard way when the tidal wave / Fukushima deal went down and revamped several aspects of their supply chain management. 'Yota winding down is significant.

Strange times indeed. Cannot discuss anything remotely political in nature, then we sit around scratching our asses wondering how the country got so divided.....derp.

 

[gstiglitz]

We haven't been energy independent since at least the 70s, probably the 50s or 60s. It has nothing to do with the price of gas at the pump.

I'm not sure what you think independence means in this context.

Yes, we we were energy independent in 2019 for a brief period.

 

[bombast]

Yes, we we were energy independent in 2019 for a brief period.

No, we weren't. We have never stopped importing energy.

 

[WannaMav]

One week ago:

https://www.mavericktruckclub.com/forum/threads/sound-familiar.11801/

 

[Area515151]

Sorry im not seeing the relevance of these comments.



Are you trying to argue that they sold one day's worth of gas at a higher price than they should have? If so, please highlight the relevance of this? I dont see it. Even if true, one day out of an entire year is hardly noteworthy.

But yeah, "big oil bad" i guess.

It's no difference when a retail store rises their prices, the product on the shelf is there at one price, and the next day the exact same product is now a higher price
By this logic.... When the price of something goes down, such as gas, this person should be refusing to pay the lower price, because it's the same gas that was higher the day before....

 

[gstiglitz]

No, we weren't. We have never stopped importing energy.

My research shows different.

 

[bombast]

My research shows different.

U.S. Imports of Crude Oil (Thousand Barrels) (eia.gov)

Well, that was easy.

EDIT: What I suspect you saw, or some news article told you, is that for a handful of months the US exported a thousand or so more barrels of petroleum products than it imported. This is true. And if we sprouted a communist or fascist government that nationalized every single company in the country, canceled all imports, and redistributed domestic oil products nationally, then by God we would have been energy independent for a couple months.

Guess what we didn't do.

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