In the middle of the biggest oil "crisis" since the 80s. Based Trump wins again.
>>538193870Yeah I don't care about your weekly jewish market manipulation shit.When's gas prices going down if oil is supposedly so cheap.
>>538193870>Trump wins againYou mean Biden wins again by investing in renewables that have lowered the demand for oil right retard?
>>538194062>why hasn't my gas gone down immediately?lol, holy shit.you're retarded.>>538194181>no, you see, this was actually a biden victory for renewables which is why ford decided to stop making the lightning; because, you know, electric trucks are so popularlol
>>538194181You mean because Elon musk kick-started the EV industry worldwide?What renewables did Biden even invest in?
>>538194348>WHEN's gas prices coming down>why hasn't gas gone down immediatelyBrown and illiterate.Sad.
>>538194479>noOOOOoooOOOOoooOO>you're not allowed to react to the subtext of my comment!early 2027 gas will be back to $3/gal
>>538194571Okay.2027 gas prices will be lower, despite them increasing sharply over a few weeks of the great spergout in the desert.It's just not possible to lower it in a similar timeframe, and it most certainly won't be impacted by the further escalation that's being prepared for right now.Trust the plan.
>>538193870Ok cool. Have fun trying to eat your precious stocks when you’re dying of starvation this time next year lmao.
>>538194701i mean... that's not a "plan"it's just reality.the price of gas will gradually and continuously lower until it hits about $3/gallon in early 2027.this isn't a mystery, it's understanding the most highly traded commodity in the world.fun fact: coffee is the 2nd most traded commodity in the world.
>>538193870When oil price drops but supplies are low - thats a real problem you fucking retards.
>>538193870That's because the global economy is in deep recession and we aren't using as much oil. Low oil prices when there is a supply shock aren't a good thing. The demand just isn't there
>>538193870>US OIL below Biden average>In the middle of the biggest oil "crisis" since the 80s. >Based Trump wins again. Nice.
>>538193870What is U SOIL?Is that Bidens poopy underpants?
>>538193870It's gonna run out soon enough, migger. Then what?
>>538193870The reason is not fully dry today is thank to trump and his push for in house oil in his previous admin (but took some blue dogs dems to make it pass)and the reason is that low now is because you recouped very little from the failed oil war vs russia, when the iran shit started.the world produces 81 million barrels a day and consumes 81 million barrels a day, is hard to recover.
>>538194786By 2027 there will be mass layoffs and mortgage defaults. >$3 gas
>>538196428kay. keep me posted.
>>538195843it literally wont, lol.we'll impose export controls and destroy iranian critical infrastructure long before that happens.
>>538197402>we'll impose export controls>which would result in the greatest depression the world has ever seen and will ever seen since no one will ever again allow such morons to wield such power The mind of the migger everyone.Migger it’s not about the physical supply you tard. This is a secondary problem. The primary problem is the global economy stalling while at the same time the oil backed dollar sharts all over the Walmart. Hope this helps
>>538197701explain your retarded self, anon.>it's not about the physical supply you tardit is, in fact, about the physical supply when America is the world largest producer of oil.now, explain how america implementing export controls on oil will lead to "the greatest depression the world has ever seen".
>>538198309Uh idk maybe because you’re taking millions of barrels out of global supply? Maybe because you depend on reciprocal imports while other countries depend on your exports? Maybe because controlling export =/= detaching from global pricing indices? Maybe because even if you can survive without imports from Europe, Middle East, Canada and Mexico you’re screwing your allies so bad they’ll literally have no choice but to cozy up to your adversaries? Maybe because the oil you can’t refine will have no place to go and will force the closure of your oil wells. Tell me anon. What is the dollar backed by? Why do countries bother buying it? Behind it all what is really being traded when you import bananas from South America or a car from Japan? You control the oil supply through the supply of the dollar and these dollars are used to import everything you need. It’s a delicate system and export controls kill it stone dead. Along with some other consequences I very briefly went over.
>>538193870thats the margin call bullshit stock that has nothing to do with the actual price of oil but people betting on what its going to be USO is still at 103 which is 30% up from biden
