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08/21/20New boards added: /vrpg/, /vmg/, /vst/ and /vm/
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America increased its oil exports to their allies while the price is surging to $200 and might even go above $450 at all-time high depending on how long the war drags on. WE WON!
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>>61957039
RETARD TRANNY detected
Oil is going to $1200
>>
>>61957039
America only won, because they now control all the oil producers or have capped them with embargos and/or war.
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>>61957039
Only oil companies will win, the local american consumer will not get that oil.
>>
They'll unveil new tech to make oil far less significant. After they sell the top.
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>>61957097
The common people still benefits from this. The more money and budget the government has, the more we enjoy cheap healthcare and food. Also, it's not going to be us who will be affected from the increasing oil prices but our exporters. There's a reason why Trump made tariffs, and now we're reaping its massive benefits.
>>
>>61957039
>$200
this will trigger a financial depression
>$450
this will trigger a cataclysm
>>
>>61957121
>this will trigger a financial depression
Just a few select countries but mostly from enemy countries who are members of BRIC. Countries who are in friendly terms with the US won't largely be affected.

>this will trigger a cataclysm
A civil war, but those who side with the terrorists will likely sink.
>>
>>61957117
>The more money and budget the government has, the more we enjoy cheap healthcare and food
made it too obvious here
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>>61957076
Reserves =/= production
Case in point is Venezuela, which has huge reserves on paper yet is responsible for less than 1% of global production. Just because oil is technically possible to extract does not mean it is profitable to extract.
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>>61957501
They have less than 1% of global production because they went full commie and seized the form of oil production from Exxon without having any clue how to extract the oil themselves.
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>>61957039
Trucker anon here. It took 650 dols to fill my rig last week. That was at below 100 oil. At 450$ oil you can 3-4X that. If it costs 23-2500 per tank of gas, expect prices everywhere to fucking explode. We'd be full innawoods time.
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>>61957039
I'm so happy for those oil companies. When can we expect our share of the profits?
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>>61957585
if we get anywhere near that, the US govt will ban oil exporting, the US is oil independent so we will be fine

the rest of the world though, not so much
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>>61957622
Im really debating buying a 2 yr expy option on oil stocks with the bet prices will have stabilized or dropped by then.
>>
>>61957039
>price is surging to $200 and might even go above $450
150 possible.
250 unlikely.
450 extremely unlikely.
>>61957138
>mostly from enemy countries who are members of BRIC
Do you know that Russia is one of the top oil producers?
And Russia has oil tied to their gov budget?
And the higher the oil will go, the more money Russia would have?
>>
>>61957704
Too bad orcs are retarded and Lil' Vlad will just line his pockets like he always does and the three day SMO will continue to it's sixth year
>>
>>61957549
A major reason for the reduction in Venezuela's production is that the oil price crashed in 2014, making much of Venezuela's extraction operations unprofitable

Even at its historical peak, Venezuela only produced what today would be an equivalent of 3.5% of global production



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