Oil is mooning
donald trump has gas, more gas than anyone thought possible
>>532190150it can drop just as quickly as it rises. yesterday brent dropped by 15% without any confirmation that anything will happen.you can make a lot of money by speculating on it right now, but you can lose even more. if the strait actually opens again, expect a 30-40% drop for oil futures within an hour or so
>>532190362there is a 0% chance you will hear about it opening in time to profit
>>532190432yes, that was my point. this shit moves way too quickly, and while +7% in a day might sound profitable, they really aren't when you consider that the risk is -40% within an hour before you even have any chance to react because the information is intentionally delayed
>>532190432Sneed's Feed & Seed (formerly Chuck's)
>>532190150Most countries have supply, its the shipping and insurance jacking up prices.
>>532190362lmaoThe fun starts once we run out of reserves
>>532190150Shut up. Plan B is coming. Now help me to install this 4 wheels.
>>532190150do Americans benefit of this like Trump said?
>>532190852America has THE most oil-intense GDP on the planet, well ahead of the EU, and twice as oil intensive as the diversifying Chinese.So no, this directly puts the screws to the US economy.
>>532190150COLLAPSE
>>532190150Norwegians stay winnin
Up another dollar while u were reading this thread.
>>532190852Trump is too retarded to realize how the economy works. America is a very heavily import oriented economy. Doesn't matter if the oil sector performs well if every other sector crashes into the ground due to a worldwide increase in prices.
>>532192901Zoom out.
>>532190852The US went into the war in pretty bad shape:- Debt-to-GDP of over 120%- Deficits of 6% of GDP- Rising unemploymentBut 1 month of Hormuz being closed made it worse:- 10-year yield is up ~0.5%- US endured the weakest Treasury auction in over 3 years- With ~60% of auctions having a higher than expected yieldFor every 1% increase in interest rates, interest expenses surge by ~$310B annually. And because the US government is mainly financed on the short end, interest rate increases directly translate into higher deficits.Trump can declare victory as often as he wants, but if Hormuz remains closed, bond yields will spike and crush the US economy… dealing a devastating blow to an already declining empire.
>>532193077ok
>>532190852the american oil industry benefits from itthe average american gets fucked in the ass same as everyone else around the globe
>>532190150Blups the blam!
>>532190150so heckin bvllish, thanks trump!
>>532190150gooning ?
>>532190150what shitcoin is this?
>>532190362It doesn't matter if it drops or not at this point, prices will continue increasing at gas station.
>>532190150Wow! Nobody's ever seen anything like.
>>532190150Iran's whole point in closing the strait is to destroy America, and they will keep it closed as long as it takes unless the US stops them by force, which will require several years and over 1 million troops anyway.In other words, Iran has America in a death grip, and there's nothing America can do except die.
>>532193548No one knows how much more destruction will take place before this is over. Put that in your gas tank.
Trump is going to hit the oil facilities in iran who will then just obliterate all oil facilities in the middle east.Trump already said he doesn't give a fuck about oil prices or the hormuz straight since USA makes it's own it's over for the world economy, legitmaltey think he is just going scorched earth at this point.
>>532193548No they won't retard. Gas isn't like rent or groceries. Its price is extremely regulated everywhere.
>>532190852well some ameriCANS while most ameriCANTS
Trump can't just leave it like this. He needs to do a funny tweet to get it down.
>>532193795>Hey look at how retarded I am.It's a physical commodity. You cannot put your paper oil into a gas tank and burn it
>>532191111America produces the most oil. When the price goes up America makes MORE than anyone.
i voted for this
>>532193167Yeah no one cared when Biden had it this high so everything will be fine.
Imagine the Jews not getting gassed for this.
>>532190150Ukraine is fucked.
>>532194212Biden had and freed a lot of reserves. That ain't gonna happen now.
>>532194188You have no idea how it works. Except if by "america" you mean a few shareholders.99% of Americans will suffer from it and they already started with high gas prices.Then the economy slow down, stocks go down, their retirement money shrinks etc.I have no idea how bad it is and how fast it can be solved but right now we're still in deny.I'm seeing it already in my daily life because many restaurants are closed but you're next.
It's going straight the fuck up no stopping it.
>>532194212>Yeah no one cared when Biden had it this high???There was much more noise in the media than there is now, and this was one of the pillars of the Trump campaign.
>>532194212What reality are you living in? It was a constant criticism, especially by the right, but youre a partisan red jew team retard so you dont care.
>above $110 nowIt’s gonna go above what it did in 2022 lmao
Incoming Trump victory tweet
Dow aftermarket looking bearish We are so back recession bros...
>>532190150Only libtards with their trucks are affected. Real men drive EVs and don't care.>"No! My Ford Raptor needs $400 to drive to my gender reassignment two blocks away!!!"Lmao. Learn to walk. Christ is King. Trump won.
TRUMP! BESSENT! WHERE THE FUCK ARE THE SHORTS?! THE TACO TWEETS?!
>>532195117$10 dollars in a single day is insane. What website is this?
We $110 now
>>532197162110.1 -> 110.4 while I made that post
>>532197192Say when, burgers.
>>532197192Now I'm worried and am tempted to cash inI smell a rug pull
>>532197409
>>532196936oilprice.com
Open the Whore Mussy now!
>>532197665thanks
>>532190150Thats actually how we win
>>532190150I wonder who is profiting by this falsely inflated oil price.
>>532190150Lost money a few weeks ago. The futures market is a fucking circus being manipulated by the Epstein class. It will jump by 15% a drop back another 15% within an hour.
>>532190150Yeah. Whether the US invades Iran or not, it looks like the straight is closed for thr foreseeable future.The multinational armada of ships (minus the US and israel) being formed with the mission to ensure ships can travel safely through the straight arnt going to be able to open it any more easily than the US. The will drop anchor a safe distance away and negotiate but they cant negotiate for the US to close all its military basis in the middle east.This could go on for years.
>>532197990Hard wood.
111.6 kek
>>532190150It peaked at $147 in 2008
>>532190432This.Even during the '08 crash most selling was in the overnight futures and then there'd be a huge rip up during normie trading hours.
>>532191111Oil prices are driven purely by speculation every since the Commodities Futures Modernization Act was put into place twenty-five years ago.
112.2
>>532195117It's up to 112 now
>>532193028No, the economy is so financialized and globally integrated that all this pretend wealth could easily evaporate.
>WTI higher than BrentHow does the orange pedo do it?
113 in sight. Just keeps climbing
Bump
Trump will drop a truthnuke on truth social that will send the price way down you'll see.
>>532199221Hopefully. I want to see Canadians suffer and pay.
>>532200098Where's the get
>>532199971You called it
lol the line is going verticalwe're fuckedwhen do we ghaddafi trump?
