Oil Blows Past $100 Per Barrel - Experts Warning $200 Possible

[Delldude]

Any bets on oil prices now?

Visions of body bags and oil prices dancing in your head.

 

[krichton]

Trump has a dillemma, $200 a barrel or end the war and have everyone talking about him in the Epstein files. Decisions, decisions.

 

[krichton]

Gas did not go up because of covid... the first years of covid people stayed home and didn't drive thus we had a glut of refined fuel which naturally brought the price down...
You do remember Biden saying he was going to end the use of fossil fuels?... that increased costs not covid...

Correct, and once the pandemic began to subside that's when demand all across the globe shot straight up, raising the price of oil. That's called supply and demand. A simple concept. Words don't affect oil prices. You're operating on a 3rd grade level here if this is how you're attempting to rationalize your logic.

 

[Delldude]

Trump has a dillemma, $200 a barrel or end the war and have everyone talking about him in the Epstein files. Decisions, decisions.

War happens.

 

[Rambunctious]

Correct, and once the pandemic began to subside that's when demand all across the globe shot straight up, raising the price of oil. That's called supply and demand. A simple concept. Words don't affect oil prices. You're operating on a 3rd grade level here if this is how you're attempting to rationalize your logic.

3rd grade level?... its econ 101 that when you limit the supply of oil to a level under what the nation is using... prices for everything made from oil will rise... do you deny that?....
I wasn't born yesterday as you seem to have been but I saw gas rise right after President Biden said he was going to end fossil fuels and his administration started to block new drilling permits by making it too costly to pursue....
You can't change the history we all lived through...

 

[krichton]

3rd grade level?... its econ 101 that when you limit the supply of oil to a level under what the nation is using... prices for everything made from oil will rise... do you deny that?....
I wasn't born yesterday as you seem to have been but I saw gas rise right after President Biden said he was going to end fossil fuels and his administration started to block new drilling permits by making it too costly to pursue....
You can't change the history we all lived through...

Price for gas shot straight up in the EU, in Australia, in Japan and just about every other country. You're telling me Biden affected global oil prices reaching record highs from his campaign speeches? Using that retarded logic, would a campaign speech promising to bring back fossil fuels in America have cratered gas prices around the world as well?

 

[Rambunctious]

Price for gas shot straight up in the EU, in Australia, in Japan and just about every other country. You're telling me Biden affected global oil prices reaching record highs from his campaign speeches? Using that retarded logic, would a campaign speech promising to bring back fossil fuels in America have cratered gas prices around the world as well?

Of course...when there is a shortage of any global commodity the price of it goes up globally...
Biden could not or would not keep up with demand because he wanted fossil fuels to be as more or more costly than renewable energy.... dems are monsters especially when they can't make us conform...

 

[Delldude]

Trump has a dillemma, $200 a barrel or end the war and have everyone talking about him in the Epstein files. Decisions, decisions.

Keep talking about the Epstein Files, the more you talk the more He's exonerated.

 

[Lockback]

"Experts warning ..."

 

[mudwhistle]

 

[mudwhistle]

 

[krichton]

Of course...when there is a shortage of any global commodity the price of it goes up globally...
Biden could not or would not keep up with demand because he wanted fossil fuels to be as more or more costly than renewable energy.... dems are monsters especially when they can't make us conform...

Explain to me how a domestic policy which Biden didn't even follow through on, affects oil prices across the globe. There's literally zero logic to your claim.

 

[Captain Caveman]

Oil prices blow past $100 a few hours ago for the first time in years. Experts warning investors to expect all time highs.

Not what a weakening economy needs that’s for sure.

https://www.wsj.com/livecoverage/iran-war-news-updates-2026?st=K4fzGd&reflink=article_copyURL_share

https://www.cnn.com/2026/03/08/business/oil-prices-war-iran-trump?cid=ios_app

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After adding more than $40 a barrel in a little more than five trading sessions, the nominal record for West Texas Intermediate futures—$145.29, set on July 3, 2008—no longer seems out of reach. And if the Strait of Hormuz remains a barrier to Middle Eastern barrels reaching the market for long, an inflation-adjusted all-time high around $215 a barrel might also be in sight.

Fecking hell, Trump haters are gonna be stuck between a rock and a hard place. Nasty Trump because petrol/diesel increases, so less journeys due to cost and thus lower fossil fuel consumption lowering co2 and climate change.

How are they gonna get past that to hate Trump

 

[citygator]

Fecking hell, Trump haters are gonna be stuck between a rock and a hard place. Nasty Trump because petrol/diesel increases, so less journeys due to cost and thus lower fossil fuel consumption lowering co2 and climate change.

How are they gonna get past that to hate Trump

Talk about spin? High gas prices are now good for retards. I mean MAGAts.

 

[Captain Caveman]

Talk about spin? High gas prices are now good for retards. I mean MAGAts.

You have strange thinking. I'm UK and we've always paid 3 times what you wimps cry over.

You guys fight over "gas" prices for your weird political points scoring contest.

 

[citygator]

Tick tock… climbing back up the clock.

 

[Rambunctious]

Explain to me how a domestic policy which Biden didn't even follow through on, affects oil prices across the globe. There's literally zero logic to your claim.

I have to go through this again?... here it is... oil companies think years down the road... they make plans and investments long term... drilling sites only get started when they can see the pay off so warning them they won't be allowed to drill frightens them away from any new investing...
The dems knew what they were doing... blocking new sites in oil rich areas so the cost of fossil fuels would meet the cost of renewables...
Oil is a global commodity so reducing supply raises costs all over the world...
This is what triggered inflation around the world... all by plan...

 

[citygator]

Diesel hits $5 nationally.

Cheap gas is $4 in 9 states with another 12 predicted to hit $4 in the next week.

Oil hit $100 per barrel this weekend again as it pulls back to a mere $97. Cue the maga cheers.

Oil prices fall as Trump pressures allies to help protect tankers in Strait of Hormuz

The U.S. strikes on Kharg Island and Trump's threat to hit Iran's oil infrastructure mark a major escalation in the war, according to JPMorgan.

www.cnbc.com

 

[krichton]

I have to go through this again?... here it is... oil companies think years down the road... they make plans and investments long term... drilling sites only get started when they can see the pay off so warning them they won't be allowed to drill frightens them away from any new investing...

The dems knew what they were doing... blocking new sites in oil rich areas so the cost of fossil fuels would meet the cost of renewables...

Oil is a global commodity so reducing supply raises costs all over the world...

This is what triggered inflation around the world... all by plan...

Oil companies produced more oil in the 4 years Biden was president than at any time in the history of the world. Your entire narrative has just collapsed with that one singular fact alone. But just to correct you on your second point, oil companies don't control the cost of oil across the globe, whether they pump more or less. The global market sets the price, and US oil companies sell it for whatever that price is. Everything you just spouted is just pure nonsense, without a single basis in reality.

 

[citygator]

Where is the right wing outrage?

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www.nytimes.com