Oil prices still relatively stable on 100 usd because USA is managing to balance the demand and ofcourse because many countries still substitute the shortages from their reserves. Like China or Japan to name two of the main players in Asia. It is way worse in other Asian countries, but still managable… For now. If it wasnt for the USA, the market would be way more “bullish” and prices would shoot up past 150 already. If this continues for more than a month better get ready for a global recesion in 2027. We will earn less, pay more for rent and food and the only question is by how much.
No-Guess-4644 on
I hope so. I wanna see 6 bucks a gallon sustained.
Folks would drive less, transition to more efficient vehicles, buy more EVs and pollute less.
Power companies would install more renewables.
And things like electric semis may begin to be used by some companies if their use enables them to bid much lower to ship stuff.
Then folks will fuck up the earth less.
Also people will get fed up, be angry and vote against the US becoming a fascist shithole. The orange assholes stupidity can wreck his plan of dismantling our democracy and he can be voted out due to folks being pissed they can’t afford shit.
Internal-Ice5338 on
Just because of this post. V to $99.80 then back to ath within a week
Boys4Ever on
Oil soon will out pace eggs and memory but we don’t care because we
Buy
Buy
Buy
tilucko on
And the most obvious yet pretending to be shocking yet also demoralizing headline goes to…
5Gmeme on
So next year will be better! Right!?
not_suddenly_satire on
By then we’ll be used to $4+ gas so it will never go back down.
Maverick128 on
*For the rest of the Presidency ftfy
smaksandewand on
I thought Venezuela had the largest oil reserves, how come all “our” oil comes from Iran??
Traditional-Look8839 on
Not if a truth social post along with a pump and dump scheme have anything to say about it!
Everheart1955 on
I guarantee oil prices will start to come down mid October, and the stupid shit occupying the white house will trumpet it like its the next coming of Christ..
17 Comments
Don’t tell the stock market that…
Oil prices still relatively stable on 100 usd because USA is managing to balance the demand and ofcourse because many countries still substitute the shortages from their reserves. Like China or Japan to name two of the main players in Asia. It is way worse in other Asian countries, but still managable… For now. If it wasnt for the USA, the market would be way more “bullish” and prices would shoot up past 150 already. If this continues for more than a month better get ready for a global recesion in 2027. We will earn less, pay more for rent and food and the only question is by how much.
I hope so. I wanna see 6 bucks a gallon sustained.
Folks would drive less, transition to more efficient vehicles, buy more EVs and pollute less.
Power companies would install more renewables.
And things like electric semis may begin to be used by some companies if their use enables them to bid much lower to ship stuff.
Then folks will fuck up the earth less.
Also people will get fed up, be angry and vote against the US becoming a fascist shithole. The orange assholes stupidity can wreck his plan of dismantling our democracy and he can be voted out due to folks being pissed they can’t afford shit.
Just because of this post. V to $99.80 then back to ath within a week
Oil soon will out pace eggs and memory but we don’t care because we
Buy
Buy
Buy
And the most obvious yet pretending to be shocking yet also demoralizing headline goes to…
So next year will be better! Right!?
By then we’ll be used to $4+ gas so it will never go back down.
*For the rest of the Presidency ftfy
I thought Venezuela had the largest oil reserves, how come all “our” oil comes from Iran??
Not if a truth social post along with a pump and dump scheme have anything to say about it!
I guarantee oil prices will start to come down mid October, and the stupid shit occupying the white house will trumpet it like its the next coming of Christ..
Thanks America.
Meanwhile every company is pushing for RTO
Prices down on day one! Thanks a bunch MAGA!
Golden Age
How long til it hits over $200 a barrel?