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

[krichton]

$200? It's not even $100.

Crude oil brent is up to $110 a barrel

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[Robert W]

Crude oil brent is up to $110 a barrel

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Let Brent know if you need a barrel.

 

[jacksonlamb]

I think what happened to the USA is the changeover to less polluting systems is why prices went up. Formulas for gasoline change this time of year. Formulas Trump had no role in creating.

The fact remains that oil production reached all-time highs during Biden's term.

 

[jacksonlamb]

I have not the faintest idea what you really mean. How do you relate a non-action by Biden with more production?

... because the production escalated on Biden's watch because he did not interfere and, instead, he encouraged it.

 

[Robert W]

... because the production escalated on Biden's watch because he did not interfere and, instead, he encouraged it.

You must have a youtube video proving he encouraged it? Really?

 

[krichton]

You must have a youtube video proving he encouraged it? Really?

Biden approved over 13,000 permits and had double the oil production under Trump. And yes, Biden encouraged even more drilling on top of that once the war in Ukraine started.

 

[Robert W]

Biden approved over 13,000 permits and had double the oil production under Trump. And yes, Biden encouraged even more drilling on top of that once the war in Ukraine started.

Biden never approved any oil permits. Jesus, don't democrats understand the government?

 

[krichton]

Biden never approved any oil permits. Jesus, don't democrats understand the government?

He absolutely did. He approved thousands each year. That's how we became the world's largest oil producer under his administration, not something necessarily to be proud of, but facts are still facts. Plugging your ears and pretending it's not true doesn't change reality.

 

[citygator]

$200? It's not even $100.

Its well over $100.

 

[citygator]

Should this continues, it very well could be. And Epstein will still not go away.

It was over $100 when he posted that.

 

[citygator]

Ruh roh. Its already trading over $150 in the physical market.

 

[Mashmont]

Its well over $100.

View attachment 1232568

WTI is about $96.

 

[Zincwarrior]

$200? It's not even $100.

Brent is $112.

 

[Zincwarrior]

Let Brent know if you need a barrel.

$119 now.

 

[Mashmont]

Brent is $112.

WTI 96.07

 

[leftwinger]

Short-term pain is worth it to rid Terrorists and open new markets for freedom (Iran. Venezuela, Cuba, Ukraine).

If the Arabs want the strait free for Oil shipping? Let them open it up. Our job is basically done over there. Now up to Iran people.

 

[Zincwarrior]

WTI 96.07

iT WAS IN THE $60S A MONTH AGO. IT HIT $100 LAST AFTERNOON.
WTI AT $97.5 CURRENTLY.

 

[jacksonlamb]

Biden never approved any oil permits. Jesus, don't democrats understand the government?

Biden’s administration approved between 8,072 and 9,779 oil and gas drilling permits on federal lands, depending on the timeframe measured. These numbers come directly from U.S. Interior, so, yeah, Biden gets the credit.​

 

[Zincwarrior]

Short-term pain is worth it to rid Terrorists and open new markets for freedom (Iran. Venezuela, Cuba, Ukraine).

If the Arabs want the strait free for Oil shipping? Let them open it up. Our job is basically done over there. Now up to Iran people.

Define short term in your world.

 

[jacksonlamb]

The pain may well be long term. Trump is known as "Reek" in the WH.