I assume PP means stagflation. A word anyone who was old enough to understand the news in the 1970s will remember well. |
Deliberately done as a precursor to the attack on Iran. "How Maduro overthrow was key node in US-Israeli war on Iran" https://responsiblestatecraft.org/israel-venezuela-maduro/ |
I think the poster meant stagflation |
Oil is no good for at least five plus years. And did any American oil companies agree to spend billions of dollars to get the Venezuelan pumps operational |
| Now all those maga who put those moronic Biden stickers in gas pumps have a decision to make. Will they somehow still try to blame Biden, or will they assume we all have collective amnesia and say that the president does not control gas prices? |
| Let gas go to $10 per gallon! All MAGA cares about is themselves. If it costs $300 to fill up their F250s and SUVs, maybe that will get them to care? |
| Up $0.25 in 3 days. |
The Arabs states are about to run out of anti missile and drone interceptors. The US is refusing to restock to force them in to the war. Republicans are gambling with 80 million barrels a day of oil production. Even if the Iranians take out 10 million barrels a day it would crash the world economy. Good luck. Keep your car topped off with gas and buy gold. |
| It's a little late to buy metals. |
Yes it can not get any worst! |
Indeed. The windmill arms knock down Trump's precious birdies. |
| Instead of complaining about capitalism get on the right side of the equation and own oil company stocks. They pay nice dividends that basically pay for all my gas and the recent stock price appreciation doesn't hurt either. Start small and build. You're welcome. |
https://www.dcurbanmom.com/jforum/posts/list/2355/1038049.page#30309792 From 2022. And gas never went higher from that date. But now, we do expect it to go to the $4-$5 range in the next month. |
If Iran starts hitting the oil infrastructure in Saudi, Qatar, etc it will go much higher vs $5. They could crash the world economy. Republicans, Trump and Israel have said they will kill every Iranian. This means Iran is on death ground- no options but death. If you are an Iranian and are certain to die why not make it as costly for the US and Israel before you are killed? Blow up as much oil infrastructure as possible. The US can not protect the oil infrastructure because it is spread over such a large area. |
Oil companies stocks have underperformed for the last 8 years. |