US Perspective on the Iran - Israel / US War

First of all, you do know that before the war, the oil price was $55 a barrel this year ALP? Right?

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I wouldn't consider it a win when it is $13 higher. Yes, it's not $30, but still, that's not 0. It's like saying, " Hey, I stepped in dog shit, but it's only a third of my shoes, so it's alright..."

Even if we are talking about immediately just before the war. That's $63 a barrel (Which would have been higher because of the anticipation of war), that is a year away from now to get back to that level.

And not to mention, if Iran wanted, they could close the strait again, and hike up the price.


So honestly, what's your point?
People blindly look at oil price and ignore the strategic petroleum reserves. China not buying oil and using its own reserves help to keep the prices under $150, market had priced in ceasefire and resumption if diplomacy so prices started falling despite very low reserves. Had trump not pushed for the MOU price would have gone north of $150.
 
Let the good times roll , I want the markets to crash and buy in the dip ...sold all my stocks yesterday.
And I was refiguring my estimated fuel costs for an upcoming trip. May as well scrap it and plan for it to go back up.

Am praying I don't get stranded somewhere between Davey Crockett-land and Deliverance.
 
And I was refiguring my estimated fuel costs for an upcoming trip. May as well scrap it and plan for it to go back up.

Am praying I don't get stranded somewhere between Davey Crockett-land and Deliverance.
It's a scenic route , you can do camping there to save on fuel😉
 
It's a scenic route , you can do camping there to save on fuel😉
I've been through there plenty of times. I'm on heightened alert from about 50 miles west of Tulsa until I see St. Louis in the rear view mirror.
 
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