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 ..."