1. Welcome to Tacoma World!

    You are currently viewing as a guest! To get full-access, you need to register for a FREE account.

    As a registered member, you’ll be able to:
    • Participate in all Tacoma discussion topics
    • Communicate privately with other Tacoma owners from around the world
    • Post your own photos in our Members Gallery
    • Access all special features of the site

Why is the Crack Spread so wide?

Discussion in 'Stocks & Investments' started by skeletron, May 9, 2022.

  1. May 9, 2022 at 8:41 AM
    #1
    skeletron

    #1
    skeletron [OP] Disgraced Member

    Joined:
    Dec 2, 2020
    Member:
    #348476
    Messages:
    2,181
    First Name:
    Clark
    Sakerlina
    Vehicle:
    2020 TRD Broh
    If you're wondering why gas prices are so high look no further than the crack spread. The traders are freaking killing us!

    RBOB is trading at nearly $35 higher than crude and seems to have become completely unmoored from the forces of supply and demand. It just doesn't make any sense to me.

    upload_2022-5-9_11-40-57.jpg
     
    skeletron, May 9, 2022
    #1
  2. May 9, 2022 at 9:16 AM
    #2
    OmahTako

    #2
    OmahTako Well-Known Member

    Joined:
    Jul 3, 2021
    Member:
    #370309
    Messages:
    1,601
    Gender:
    Male
    SoCal
    Vehicle:
    Tacoma-1ea. Tundra-1ea.
    Oil speculators make gas prices go up and down.
     
    OmahTako, May 9, 2022
    #2
  3. May 9, 2022 at 9:40 AM
    #3
    skeletron

    #3
    skeletron [OP] Disgraced Member

    Joined:
    Dec 2, 2020
    Member:
    #348476
    Messages:
    2,181
    First Name:
    Clark
    Sakerlina
    Vehicle:
    2020 TRD Broh
    Lovely insight. I'm an energy analyst. This is speculators and instant trading algorithms wielding outsized power on markets.
     
    skeletron, May 9, 2022
    #3
    Pablo8 likes this.
  4. May 9, 2022 at 9:43 AM
    #4
    OmahTako

    #4
    OmahTako Well-Known Member

    Joined:
    Jul 3, 2021
    Member:
    #370309
    Messages:
    1,601
    Gender:
    Male
    SoCal
    Vehicle:
    Tacoma-1ea. Tundra-1ea.
    Just putting it in the Laymans terms. I understand your agony.
     
    OmahTako, May 9, 2022
    #4
  5. May 9, 2022 at 9:44 AM
    #5
    six5crèéd

    #5
    six5crèéd Go fish.

    Joined:
    Jul 9, 2019
    Member:
    #298734
    Messages:
    31,572
    Gender:
    Male
    First Name:
    Bruce, or Crèéd, neither is correct.
    Southern Virginia
    This title is misleading :anonymous:
     
    six5crèéd, May 9, 2022
    #5
    vivid02, davidstacoma, Shelf Life and 2 others like this.
  6. May 9, 2022 at 9:45 AM
    #6
    OmahTako

    #6
    OmahTako Well-Known Member

    Joined:
    Jul 3, 2021
    Member:
    #370309
    Messages:
    1,601
    Gender:
    Male
    SoCal
    Vehicle:
    Tacoma-1ea. Tundra-1ea.
    Right!:D
     
    OmahTako, May 9, 2022
    #6
    Superdave1.0 and six5crèéd[QUOTED] like this.
  7. May 9, 2022 at 9:58 AM
    #7
    skeletron

    #7
    skeletron [OP] Disgraced Member

    Joined:
    Dec 2, 2020
    Member:
    #348476
    Messages:
    2,181
    First Name:
    Clark
    Sakerlina
    Vehicle:
    2020 TRD Broh
    Ha it's a common phrase but yeah still funny. It's the difference between crude prices and the price of the "cracked" molecules you're comparing it to
     
    skeletron, May 9, 2022
    #7
    six5crèéd[QUOTED] likes this.
  8. May 9, 2022 at 10:05 AM
    #8
    OmahTako

    #8
    OmahTako Well-Known Member

    Joined:
    Jul 3, 2021
    Member:
    #370309
    Messages:
    1,601
    Gender:
    Male
    SoCal
    Vehicle:
    Tacoma-1ea. Tundra-1ea.
    OmahTako, May 9, 2022
    #8

Products Discussed in

Evelots Compact-Flashlight,Magnetic/Swivel Hook/Super Bright 27 LED Lights-Set/3
$11.99
Ident-I-Cards Waterfowl Set of 9 Freshwater Ducks and Geese Identification Cards
$11.95
The Incredible Wham-O Superball - Assorted Colors
$7.95
Frienda Large Plastic Syringe 4 Pack Measuring Syringe Tools Dispensing Multiple Uses(20 ml)
$6.99
120-Pack of Premium Nasal Aspirator Hygiene Filters, Replacement for NoseFrida Nasal Aspirator Filter, BPA, Phthalate & Latex Free
$8.99
Spongebob Mermaid Man Evil Vynil Car Sticker Decal - Select Size
$3.90
Philips 12361B1 H9 Standard Halogen Replacement Headlight Bulb, 1 Pack
$10.37
Nongshim Korean Famous Ramen Variety Selection (농심 라면) (Shin Ramen, 4 Pack)
$9.99
Nobody Poops But You
$9.94
Helpcook Ice Ball Molds 4 Pack,Whiskey Ice Mold,Silicone Sphere Ice Molds with Built-in Funnel,Large Round Ice Cube Molds Ice Ball Maker Makes 2.5" Ice Balls for Whiskey & Cocktails
$13.97
The Intelligent Investor Rev Ed.: The Definitive Book on Value Investing
$17.98
Jergens Skin Firming Body Lotion for Dry to Extra Dry Skin, Skin Tightening Cream with Collagen and Elastin, Instantly Moisturizes Dry Skin, Dermatologist Tested, Hydralucence Blend, 3-16.8 oz
$19.41
Rabbit Whiskey and Beverage Jumbo Chilling Stones Set, Chrome
$18.98
Paldo, Hwa Ramen Instant Noodles, 5 Count
$14.95
FridaBaby Baby Nasal Aspirator NoseFrida the Snotsucker by Frida Baby, clear
$14.97
CRAYOLA 2LB BAG ASSORTED GUMMY FLAVORS (Gummy Bears)
$14.14
The Secret
$14.37
PopSockets: Collapsible Grip & Stand for Phones and Tablets - Blue Nebula
$14.49
Stonks On The Moon! (The Stonks Series)
$15.00
Lilly Brush Mini Pet Hair Detailer | Pet Hair Remover for Car Carpet & Couch, Car Interior & Auto Detailing Supplies, Dog & Cat Hair Remover for Car & Furniture, Reusable Pet Fur Remover for Furniture
$14.99
Dual M.2 PCIE Adapter for SATA or PCIE NVMe SSD with Advanced Heat Sink Solution,M.2 SSD NVME (m Key) and SATA (b Key) 22110 2280 2260 2242 2230 to PCI-e x 4 Host Controller Expansion Card
$15.99
PILOT Iroshizuku Bottled Fountain Pen Ink, Shin-Ryoku, Forest Green (Dark Green) 50ml Bottle (69214)
$16.30
The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns
$15.97
SEG Direct Car Steering Wheel Cover for F-150 Tundra Range Rover 15.5-16", Black Microfiber Leather
$15.99
Reynolds Wrap Recycled Aluminum Foil, 200 Square Foot Roll
$12.76
Athllete LITEMESH Pinnies Scrimmage Vests Team Practice Jersey for Child Youth (24 Jerseys) Lightweight Pennys
$49.99
KiNSMART Lamborghini Veneno 1/36 Diecast Metal Toy Model (4 Set)
$22.51
HyperX Pudding Keycaps - Double Shot PBT Keycap Set with Translucent Layer, for Mechanical Keyboards, Full 104 Key Set, OEM Profile, English (US) Layout - Black
$22.99
The New Confessions of an Economic Hit Man
$38.47
Berlinzo Premium Clear Ice Ball Maker [2024 Upgraded] - 2 Large 2.4" Crystal Clear Ice Balls for Whiskey Cocktail, Easy-to-Remove Ice Sphere Mold - Bonus Storage Bag & Ice Stamp Press Ring, Black
$59.95
Intro-Tech Automotive TT-909-P Custom Fit Premium Folding Windshield Sunshade for All Toyoto Tacoma Models, w/Sensor, Silver
$59.99
Anti-Monkey Butt Powder Anti-Friction Plus Sweat Absorber (3 pack)
$43.27
Nissin Demae Black Garlic Oil Instant Ramen Noodles, 3.5 Ounce (Pack of 30)
$32.28
Amour Star Potted Meat, Canned Meat, 5.5 OZ (Pack of 24)
$31.65
CovertSafe& Dog Boots for Dogs Non-Slip, Waterproof Dog Booties for Outdoor, Dog Shoes for Medium to Large Dogs 4Pcs with Rugged Sole Black-Red
$21.99
Invested: How Warren Buffett and Charlie Munger Taught Me to Master My Mind, My Emotions, and My Money (with a Little Help From My Dad)
$21.98
Antico Molino Caputo Chef's Flour Tipo "00" 1 Kg (Four 2.2 Lb Bags)
$28.99
Optimus H-1322 Portable 2-Speed Fan Heater with Thermostat , White
$28.64
Benjamin Graham on Value Investing: Lessons from the Dean of Wall Street
$29.00
Nineplus Wireless USB WiFi Adapter for PC - 1300Mbps Dual 5Dbi Antennas 5G/2.4G WiFi Adapter for Desktop PC Laptop Windows11/10/8/7/Vista/XP, Wireless Adapter for Desktop Computer Network Adapters
$25.99
COOL BANK 160 Professional Colored Pencils, Artist Pencils Set for Coloring Books, Premium Artist Soft Series Lead with Vibrant Colors for Sketching, Shading & Coloring in Tin Box
$29.98
COSORI Pro II Air Fryer Oven Combo, 5.8QT Large Airfryer that Toast, Bake, 12-IN-1 Customizable Functions, Cookbook and Online Recipes, Nonstick & Detachable Square Basket, Dishwasher-Safe, Black
$129.99
To Top