Oil Executives Warn Trump That Gas Prices Will Get Even Worse....

[Alicia J]

There is no happy ending for Demented Don and the Iran war.

Don't say you weren't warned, deranged MAGA nation....

Oil and gas executives have warned the White House that gasoline prices could surge in coming months as fuel inventories fall to critical lows, complicating the Trump administration’s efforts to contain inflation that has already rattled American consumers.

Industry officials say they are doing everything they can to sound an alarm that prices are about to soar as the commercial and government inventories that have mitigated price rises so far are rapidly depleting, according to multiple people familiar with the conversations, who spoke on the condition of anonymity for fear of retaliation from the administration. Some inventories could be wiped out within weeks, the executives have warned, coinciding with the peak summer travel season.

“I have absolutely no doubt the White House — from the president on down — is fully aware of the nearly universal alarm among oil companies and analysts about the direction of travel for oil prices this summer,” said Bob McNally, who was an energy adviser in the George W. Bush administration and founded the research firm Rapidan Energy Group.

The warnings underscore the rising political and economic risks confronting President Donald Trump as the conflict with Iran drags into its fourth month, with little indication that a diplomatic breakthrough is imminent, despite periodic White House predictions of progress.

Already Trump’s administration is confronting the highest rate of inflation in three years, which has led to a significant drop in his standing among voters and deepened concern among Republicans about widespread losses in the midterm elections, which could cause them to lose control of one or both houses of Congress.

https://www.washingtonpost.com/politics/2026/06/11/oil-executives-warn-white-house-that-gas-prices-will-get-worse/

 

[Meister]

Sounds dire, but which oil executives warned the white house?
"Multiple people familiar with conversations, who spoke on the condition of anonymity"?
I've heard that story before.
Anything is possible, I guess. But the Strait of Hormuz holds the key.
I think we get about 2-3% of our oil from that region.

 

[Alicia J]

Sounds dire, but which oil executives warned the white house?
"Multiple people familiar with conversations, who spoke on the condition of anonymity"?
I've heard that story before.

Nobody is going to cross this evil, vindictive White House, dolt. Unless they want to be looking for a new job.

Anything is possible, I guess. But the Strait of Hormuz holds the key.
I think we get about 2-3% of our oil from that region.

Which has nothing to do with the global gas price.

 

[Meister]

Nobody is going to cross this evil, vindictive White House, dolt. Unless they want to be looking for a new job.

Or it's fake news.

Which has nothing to do with the global gas price.

Really?

 

[Alicia J]

Or it's fake news.

Of course it is to you. Any news that makes Trump look bad is "fake news" to dishonest MAGA cry baby cowards.

Really?

This doesn't have anything to do with global gas prices. --

I think we (U.S.) get about 2-3% of our oil from that region.

 

[Luckyone]

Sounds dire, but which oil executives warned the white house?
"Multiple people familiar with conversations, who spoke on the condition of anonymity"?
I've heard that story before.
Anything is possible, I guess. But the Strait of Hormuz holds the key.
I think we get about 2-3% of our oil from that region.

This happened TODAY!

ECB raises eurozone interest rates as Iran war stokes inflation​

European Central Bank increases main deposit rate to 2.25%, with two further rises expected by next spring
and even more important, inflation in Europe is presently at 2.8% and expected to rise to 3%.



Here and stated yesterday, inflation is now 4.2%. In other words, our inflation is higher than in Europe

AI Overview

U.S. inflation reached an annual rate of 4.2% in May, up from 3.8% in April, marking its highest level in three years. This steady acceleration has been primarily driven by surging energy and gasoline costs caused by the ongoing war with Ira

 

[Meister]

Of course it is to you. Any news that makes Trump look bad is "fake news" to dishonest MAGA cry baby cowards.

You're a good minion for your masters. You'll swallow anything that is fed to you by them.
I want names, dates and full context.

This doesn't have anything to do with global gas prices. --

I think we (U.S.) get about 2-3% of our oil from that region.

I wonder if you'd be saying that if we got 20-50% of
our oil from the region?

 

[Alicia J]

You're a good minion for your masters. You'll swallow anything that is fed to you by them.
I want names, dates and full context.

And you're not going to get that from the current evil fascist working in the White House. They are too afraid of Trump.

But here is a direct quote from an oil executive. --

“We’re sounding the alarm on these inventories going to record lows,” said American Petroleum Institute CEO Mike Sommers on “Mornings with Maria,” a Fox Business program that Trump frequently watches. “We should be concerned about what prices we’re going to see over the next few weeks. We have to solve this problem in the Strait of Hormuz.”

I wonder if you'd be saying that if we got 20-50% of
our oil from the region?

Yes, I would, simple one. Because there is only one global price for oil.

 

[Meister]

This happened TODAY!

ECB raises eurozone interest rates as Iran war stokes inflation​

European Central Bank increases main deposit rate to 2.25%, with two further rises expected by next spring

wrong thread, start your own thread about this.

 

[22lcidw]

This happened TODAY!

ECB raises eurozone interest rates as Iran war stokes inflation​

European Central Bank increases main deposit rate to 2.25%, with two further rises expected by next spring

Perhaps people will not vote for Republicans in November. They certainly will not vote for you. At worse they may sit at home. Already I can see the ten trillion-dollar new deal green energy scam legislation which will raise the price of gasoline to 25 dollars a gallon.

 

[berg80]

Sounds dire, but which oil executives warned the white house?

What difference does that make?

https://www.politico.com/news/2026/06/04/oil-price-spike-white-house-hormuz-00949435

 

[Luckyone]

wrong thread, start your own thread about this.

good idea!

 

[Meister]

And you're not going to get that from the current evil fascist fucktards working in the White House.

But here is a direct quote from an oil executive. --

That is why I want all the facts, and the entire discussion on a subject like this.
Not a snippet or a paragraph. The Washington Post gave you what they wanted
you to read.

Yes, I would, simple one. Because there is only one global price for oil.

Trust me, if we used more from the region the price would be adjusted.

 

[my2¢]

Sounds dire, but which oil executives warned the white house?

When I saw an article about the reserve situation many days ago, I wondered about that too.
I didn't find anything in my quick search using Google and so I put it aside.

Had better luck this morning. Perhaps I put my query more broadly this time and didn't mention Trump nor the White House while specifically mentioned Exxon.

Excerpt below is from Fox Business News; it is from May 30th:

ExxonMobil's Senior Vice President Neil Chapman issued a stark warning to the public that energy prices may explode upwards in the coming weeks on the same day his company's board approved moving the company's corporate structure from New Jersey to Texas.

Speaking at the Bernstein Conference in New York on Thursday, Chapman warned that crude oil prices could go as high as $160 per barrel in the coming weeks as dwindling reserve inventories finally bottom out.

"We're approaching unheard of inventory levels," he said. "I mean really, really low levels. You can debate whether that's going to hit those really low levels in two weeks or three weeks. Once you get to that point, then you'll see prices shoot up."

Prices have stayed low, Chapman posited, because of the release of strategic petroleum reserves by various nations.

 

[Edgetho]

Sounds dire, but which oil executives warned the white house?
"Multiple people familiar with conversations, who spoke on the condition of anonymity"?
I've heard that story before.
Anything is possible, I guess. But the Strait of Hormuz holds the key.
I think we get about 2-3% of our oil from that region.

Countries all over the world are currently stockpiling (hoarding) oil in case of a major outbreak of battle in the region. THAT is what's driving the price of Oil right now.

I wouldn't expect dimocrap SCUM to be aware of this. They really are stupid. I don't mean 'unaware' or ignorant, I mean mouth-breathing, drooling stupid.

If anybody thinks Iran wouldn't hold the world hostage once they've developed a Nuke is almost as stupid as a dimoccrap scumbag. Just look what they're doing now.

What annoys me about Trump is -- He thinks the Mullahs still have power in Iran. They don't. The IRGC is fueling the War and running the Show.

He needs to stop messing with the Iranian political Class (who are all idiots, anyway) and start going after the IRGC. Hard. Really hard.

Find out where their Barracks are and bomb them into a fine, powdery dust. Get the Kurds to attack from the North in order to draw the IRGC Troops out into the open and bomb them into extinction.

Trump and his Wall Street advisors are going about it all wrong.

And Generals? Admirals, etc? Stupidest people on Earth in an Irregular/Asymmetric War. They only know how to fight Conventional Wars. It has long been understood that the USA cannot be defeated in a Regular, Conventional War. The Iranians know it, too.

We need to arm Resistance Fighters in Iran. By the hundreds of thousands. Generals have cost us Many, MANY wars and countless casualties. Trump needs to get some Advisors who understand Irregular Warfare and listen to them.

 

[Alicia J]

That is why I want all the facts, and the entire discussion on a subject like this.
Not a snippet or a paragraph. The Washington Post gave you what they wanted
you to read.

Or you can just try using your tiny MAGA brain for once. --

Industry models show the collapse of crude inventories within a matter of weeks could push the cost of oil up by 50 percent or more — sending the price of gas at the pump soaring past $5 per gallon. Oil executives worry that will send the administration scrambling to impose emergency measures like restricting the export of U.S. fuel.

Trust me, if we used more from the region the price would be adjusted.

You aren't smart enough to trust.

 

[Alicia J]

Trump and his Wall Street advisors are going about it all wrong.

And Generals? Admirals, etc? Stupidest people on Earth in an Irregular/Asymmetric War. They only know how to fight Conventional Wars. It has long been understood that the USA cannot be defeated in a Regular, Conventional War. The Iranians know it, too.

We need to arm Resistance Fighters in Iran. By the hundreds of thousands. Generals have cost us Many, MANY wars and countless casualties. Trump needs to get some Advisors who understand Irregular Warfare and listen to them.

UH OH.....Trouble in Deranged MAGA World paradise.

 

[Edgetho]

That is why I want all the facts, and the entire discussion on a subject like this.
Not a snippet or a paragraph. The Washington Post gave you what they wanted
you to read.


Trust me, if we used more from the region the price would be adjusted.

There is nothing, NOTHING, more decetiful, dishonest and Anti-American than the DISGUSTING FILTH of the Lame Stream Media.

Scum. Total and complete SCUM.

I mean, what kind of piece of shit becomes a 'Journalist' these days?

Activists. That's it. ALL of them. And 99% of them are College Girls that are still pissed because they don't have a penis. Even the ones that weren't born with ovaries

 

[HikerGuy83]

There is no happy ending for Demented Don and the Iran war.

Don't say you weren't warned, deranged MAGA nation....

https://www.washingtonpost.com/politics/2026/06/11/oil-executives-warn-white-house-that-gas-prices-will-get-worse/

 

[Edgetho]

UH OH.....Trouble in Deranged MAGA World paradise.

Go find a rinse-cycle, princess