How much more expensive is oil going to get? Is there a cap?
>>530154946why would there be a cap? dollars are infinite
>>530154946It's going to keep climbing as long as the strait remains closed unless tankers can figure out how tell that IRGC that they've met them at a very Chinese point of their voyage.
>>530154946$150-200
I'm predicting $7/gallon for gasoline in the US by the time vacation travel season hits in June, and it will only get worse
Probably 200 then crash back down to 120$If you want to make easy money max out your margin on bno then sell no matter what after two weeks. Speculating is like gambling, get out immediately after you make money, don't get greedy
>>530154946150
the moon
>>530154946Who cares? Its like a couple extra dollars bro. Stop being poor.
>>530154946$200 - $300 if china does not step-in.
>>530154946200+ a barrel sounds about right.
>>530154946$350 per barrel
>>530154946Remember when the price went negative during covid but they weren't paying us to fill up our tanks, or even letting us take it at $0.00?I do. I will never forget that.
>>530154946yes, there will be a cap at 100$
>>530155859lol we're literally going to pass that by Monday afternoon
>>530154946
>>530155429if gas prices go up, then the costs of everything that gets transported by a vehicle also goes up (i.e. everything)but that's okay bro, what's a little bit of hyperinflation? Who cares if grocery prices triple? stop being so poor. only poor people care about the cost of living, am I right?
>>530154946You should probably be stockpiling gasoline right now.
>>530154946>Is there a cap?Eventually it's cheaper to stay at home and do nothing than to drive to work and earn money.
>>530156130What did he know...?
are they going to turn the videogame servers off? :(
>>530155750Crude oil went negative but distilling it, shipping it to petrol stations and operating the pumps still costs money so petrol and diesel never went negative.
The fun has only just begun, Anon!$100 a barrel by Tuesday. And as more oil infrastructure burns, so burns our economy.
>>530156054You the same German anon I talk a long while ago about horse logistics and you told me how the ground is so polluted now that they unable to feed horses? I thought about that short discussion for many years. If not you give off the same German vibe energy.
>>530155260>>530155339>>530155455>>530155495>>530155859the prices will only continue to increase as long as the Persian oil fields are blocked off to the West. There is no limit and no cap. Market demands are not going to just decide $150/barrel or $200/barrel is good and decide to stick with that. the only limit is how long we want to let this keep going.$500/barrel by December if this keeps going that long.
>>530157315If* that true, then the greatest tragedy from all of this is Ukraine will suffer greatly as Russia will be able to continue funding the war.
>>530157946Yeah it'll be terrible when the fake proxy state propped up by the west has to finally give up its suicidal retarded goal of expanding European influence into Russia. That's the worst part, Americans will be greatly affected.
