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


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show the data correctly.
 

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.



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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.
Remember when it hit $123.64/barrel and you loons didn't give a shit because it happened during the Biden administration. ?
 


Newsom is having several cups STFU today.

How about California drop the 61.2 cents per gallon tax the state hammers it's citizens with.
 
$110 overnight. Pulls back to $101 after countries threaten to tap reserves.

If this is nothing but a choke point issue, it will fix itself as we are told. What pisses me off is that the already processed gasoline purchased at a lower price has gone up at the gas stations as the profiteers take hold. This is one thing in the past where people get angrier.
 
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.
Again this administration act’s without getting intelligent imput,
This will cost America 100’s of billions
 
Foghorn fails again....The part in red was a part of the article....My comment was in bold black.
1stAsshat, YOU posted the article in a panic over lower gas prices that were falling. Bwahahaaha. Now you are in here like:

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Hilarious. What spin!! Price shot up to $115 and pulled back to, now $103, because they expect a release in strategic reserves. Reminder prices ended 2024 in the $60's under Biden, The Oil President.

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As of a few moments ago, Trump's new oil prices (or the prices now attributable to him) are around $116.00 per barrel. Thanks Trump. You're one helluva guy.




 
15th post
Hilarious. What spin!! Price shot up to $115 and pulled back to, now $103, because they expect a release in strategic reserves. Reminder prices ended 2024 in the $60's under Biden, The Oil President.

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As of this morning ... the cost of Trump's inflationary actions have raised the cost to around $115.00 per barrel.
 

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