Oil up another $8 as I write this

[HJCane]

Trading at $123 per barrel up 38% last 2 weeks and 112% year over year.

Biden has a team negotiating to renew the Iran Nuclear Deal ! That's correct.
Biden sent a team down to Venezuela this weekend so we can buy oil from them. That's correct. Buy from those communists.

Biden STILL REFUSES to even discuss resuming the Keystone XL pipeline construction or to allow a rapid increase on new drilling in America on previously authorized lease lands. All of those he halted.
Just SPEAKING about it would have a huge psychological impact on the markets but he JUST WILL NOT PISS OFF THE LEFT WING LUNATICS in his Party.

If you thought inflation was bad BUCKLE YOUR SEATS HEAVY TURBULENCE IS COMING!!

We are 100% headed for STAGFLATION OR RECESSION and it will BE SEVERE!

 

[remma]

It's hitting $150

 

[HJCane]

It's hitting $150

Some predicting even higher

 

[remma]

If you thought inflation was bad BUCKLE YOUR SEATS HEAVY TURBULENCE IS COMING!!

Wait until the Fed raises rates by a 1/4 point later this month................

 

[HJCane]

Wait until the Fed raises rates by a 1/4 point later this month................

It was supposed to be .50% but Ukraine reduced that.

 

[NO.SHORECANE]

This is all due to Covid. Ask CD and Mike. It has nothing to do with Grandpa Brandon.

 

[miamimike]

Trading at $123 per barrel up 38% last 2 weeks and 112% year over year.

Biden has a team negotiating to renew the Iran Nuclear Deal ! That's correct.
Biden sent a team down to Venezuela this weekend so we can buy oil from them. That's correct. Buy from those communists.

Biden STILL REFUSES to even discuss resuming the Keystone XL pipeline construction or to allow a rapid increase on new drilling in America on previously authorized lease lands. All of those he halted.
Just SPEAKING about it would have a huge psychological impact on the markets but he JUST WILL NOT PISS OFF THE LEFT WING LUNATICS in his Party.

If you thought inflation was bad BUCKLE YOUR SEATS HEAVY TURBULENCE IS COMING!!

We are 100% headed for STAGFLATION OR RECESSION and it will BE SEVERE!

He halted new drilling in a wildlife refuge and national parks which was totally unneccessary. We are the leading oil producer in the world and have been since 2017!

 

[NO.SHORECANE]

He halted new drilling in a wildlife refuge and national parks which was totally unneccessary. We are the leading oil producer in the world and have been since 2017!

We are currently producing one million barrels a day less than when Brandon took office. We are paying Putin 23 million a day to slaughter Ukraine.

 

[miamimike]

We are currently producing one million barrels a day less than when Brandon took office. We are paying Putin 23 million a day to slaughter Ukraine.

One million barrels a day less but are still the leading oil producer in the world!

 

[NO.SHORECANE]

One million barrels a day less but are still the leading oil producer in the world!

And still paying Putin 23 million a day to destroy a democratic country. Shame

 

[thedonaldWYO]

Some predicting even higher

By the end of March, traders saying we will be over $200/barrel....

 

[NO.SHORECANE]

By the end of March, traders saying we will be over $200/barrel....

It's all due to Covid and Trump.

 

[KOWBOY88]

Trading at $123 per barrel up 38% last 2 weeks and 112% year over year.

Biden has a team negotiating to renew the Iran Nuclear Deal ! That's correct.
Biden sent a team down to Venezuela this weekend so we can buy oil from them. That's correct. Buy from those communists.

Biden STILL REFUSES to even discuss resuming the Keystone XL pipeline construction or to allow a rapid increase on new drilling in America on previously authorized lease lands. All of those he halted.
Just SPEAKING about it would have a huge psychological impact on the markets but he JUST WILL NOT PISS OFF THE LEFT WING LUNATICS in his Party.

If you thought inflation was bad BUCKLE YOUR SEATS HEAVY TURBULENCE IS COMING!!

We are 100% headed for STAGFLATION OR RECESSION and it will BE SEVERE!

Exactly.. Let’s make Iran great again let’s make maduro richer so his destruction of what was once the wealthiest nation in South America can continue.
And don’t forget we’re going green so don’t worry we won’t be dependent on oil anymore
JUST DEPENDENT ON CHINA
for all the green energy products they so conveniently make for us and don’t use themselves.
GENIUSES

 

[Cane Attack]

Some predicting even higher

I've read a few articles that mentioned $2-300/barrel.

If the war in Ukraine were to end, Putin knocked out of power, sanctions lifted against Russia, then look out below. Unlikely to happen like that, but possibly somewhere in the middle.

I liked oil in Apr of 2020. I wouldn't touch oil in May 2022. Google the 10-50 yr charts. Scary. Buyers beware.