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

[Lockback]

Completely right. This is a huge tax on the poor that are barely getting by as is.

Will you graduate to 7th grade?

 

[22lcidw]

That Trump bought hook line and sinker.

That the real dictators lived opulently while treating the peasants as slaves during Covid. And Prog leaders were the Kings.

 

[Mashmont]

MAGA, screw the poor, I got mine.

Why didn't you buy oil stock? Why don't Democrats encourage poor people to do so?

You will never EVER see Democrats encourage their constituents to save and invest (and fuel the engine of capitalism). That's criminal, IMHO.

 

[JohnDB]

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

View attachment 1228769


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.

This is commodity price manipulation pure and simple.
It's not real pricing of supply and demand.

The same thing has happened to Beef, poultry, eggs, coffee, silver and now oil.

The problem exists within our SEC being extremely weak and ineffectual.

It is still pumping and moving. An Insurance carrier (Loyds of London) decided to stop traffic because England has turned Muslim and pacifist. So Trump is going to provide insurance for oil carriers and provide security services if need be.


Everyone is freaking out about "Spot Price" vx contract price....contract price has not changed.

So....we'll see.

 

[pknopp]

Why didn't you buy oil stock? Why don't Democrats encourage poor people to do so?

You will never EVER see Democrats encourage their constituents to save and invest (and fuel the engine of capitalism). That's criminal, IMHO.

The engine of capitalism is $39 trillion in debt.

 

[1srelluc]

Meh, things will run hot for a spell but I suspect oil will be selling in the $50 - $60 range within a month.

I note that gas in my AO has not moved in price for a couple days now.

 

[Mashmont]

The engine of capitalism is $39 trillion in debt.

That's government spending, mate.

 

[pknopp]

That's government spending, mate.

To run the engine of faux capitalism.

 

[leftwinger]

Will you graduate to 7th grade?

But 8yrs Obiden 1.0 at $4 per gal in CAL was not any problem for the poor? Back before Obiden 2.0 2X 4X inflation ($1 was meaningful)

 

[Mashmont]

To run the engine of faux capitalism.

That makes no sense. Business has zero to do with the national debt. Only government spending does

 

[pknopp]

That makes no sense. Business has zero to do with the national debt. Only government spending does

LOL, your fantasy world is both humorous and sad.

 

[petro]

This is commodity price manipulation pure and simple.
It's not real pricing of supply and demand

^^^^
Absolutely.

 

[Mashmont]

LOL, your fantasy world is both humorous and sad.

You don't refute. You just spout meaningless nonsense.

 

[JohnDB]

 

[Delldude]

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

View attachment 1228769


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.

You giddy?

 

[Doc7505]

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

View attachment 1228769


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.

<~~~~~~~~~~>
Meh......!!!, Not in this year. You'll have to wait until we get the next Dem president for that....

 

[citygator]

And you are cheering it on, aren’t you? I bet you would love it if we had more dead soldiers so you can gawk and point and laugh at the maga people.

I posted no opinions. Just facts. Should we ignore the rising oil prices? Gas will hit $4 by Wednesday. Maybe $5 by Friday

 

[Matted Joybeard]

The affordability hoax.

 

[citygator]

Meh, things will run hot for a spell but I suspect oil will be selling in the $50 - $60 range within a month.

I note that gas in my AO has not moved in price for a couple days now.

You know this guy? he was worked up over lower prices that were falling.

 

[citygator]

Why didn't you buy oil stock? Why don't Democrats encourage poor people to do so?

You will never EVER see Democrats encourage their constituents to save and invest (and fuel the engine of capitalism). That's criminal, IMHO.

Poor people should invest? You're a genius!