$7/gallon gas is coming

[Anonymous]

Anonymous wrote:WTI crude now below $80

The US has 445,000,000 barrels. Given how tight global market supply is there will not be any new effort for the foreseeable future to purchase sticks to replenish the SOR because this would have the effect of driving up prices and worsening inflation. DOE already has contracts in place to purchase sticks for the SPR through at least 2027.

[Anonymous]

And OPEC is reportedly planning to cut production which will raise prices.......

[Anonymous]

Jeff deleted the thread I made months ago but the us should consider military action against opec+

There is a “tipping point” number at which saudi would capitulate permanently if you assigned centcom to follow William sherman and MacArthur doctrine

[Anonymous]

Anonymous wrote:And OPEC is reportedly planning to cut production which will raise prices.......

Will make EVs more appealing. Good news for Elon Musk.

[Anonymous]

Anonymous wrote:

Anonymous wrote:And OPEC is reportedly planning to cut production which will raise prices.......

Will make EVs more appealing. Good news for Elon Musk.

More people are going to buy crappy Tesla priducts because there are short term refinery disruptions in California? Seems logical.

[Anonymous]

OPEC+ cutting 2mm barrels per day. In an effort to preserve razor thin majorities in the midterms the Biden admin has now left itself economically exposed and put the 2024 elections in serious risk.

I posted months ago in this thread that the answer was to take the lumps in 2022 and build for a recovery in the 2024 elections.

[Anonymous]

[Anonymous]

Anonymous wrote:

Another idiot who doesn’t know what a pipeline is.

[Anonymous]

Anonymous wrote:OPEC+ cutting 2mm barrels per day. In an effort to preserve razor thin majorities in the midterms the Biden admin has now left itself economically exposed and put the 2024 elections in serious risk.

I posted months ago in this thread that the answer was to take the lumps in 2022 and build for a recovery in the 2024 elections.

WFH and EVs will eventually put an end to all this nonsense.

[Anonymous]

Anonymous wrote:

The Keystone Pipeline that would carry tar sands crude from Canada for EXPORT to markets outside the US? Brilliant hot take!

[Anonymous]

Anonymous wrote:OPEC+ cutting 2mm barrels per day. In an effort to preserve razor thin majorities in the midterms the Biden admin has now left itself economically exposed and put the 2024 elections in serious risk.

I posted months ago in this thread that the answer was to take the lumps in 2022 and build for a recovery in the 2024 elections.

Trump/Kushner business partners to punish US consumers and economy! MAGA indeed.

[Anonymous]

[Anonymous]

[Anonymous]

Anonymous wrote:

Anonymous wrote:OPEC+ cutting 2mm barrels per day. In an effort to preserve razor thin majorities in the midterms the Biden admin has now left itself economically exposed and put the 2024 elections in serious risk.

I posted months ago in this thread that the answer was to take the lumps in 2022 and build for a recovery in the 2024 elections.

WFH and EVs will eventually put an end to all this nonsense.

That is so many decades away that it really has no practical impact for the foreseeable future.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

The Keystone Pipeline that would carry tar sands crude from Canada for EXPORT to markets outside the US? Brilliant hot take!

DP. Oil is a effectively a worldwide commodity. Supplying more the world would reduce demand pressures and lower prices for everyone.