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

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...
Trump closed wells. Biden opened wells. When Trump left he had the lowest oil rig count in years. Bden built it back up. Guess what? Trump closed them again.

Green arrow is going up under Biden. Red arrows are down under Trump. Sucker.

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WTI Crude (Apr′26) @CL.1:New York Mercantile Exchange
*Data is delayed | Exchange | USD
Last | 11:55 AM EDT
95.20quote price arrow down-3.51 (-3.56%)


$95.20......deepest condolences.
Its about $100. You think $95 is a win?

FedEx already talking about rate increases.
 

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