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re: How far does Oil fall?

Posted on 10/5/23 at 9:28 pm to
Posted by j1897
Member since Nov 2011
3631 posts
Posted on 10/5/23 at 9:28 pm to
quote:

Wait ... you mean it is not going to $100?


What is your timeframe? It's going to 150 in the next 5.
Posted by notiger1997
Metairie
Member since May 2009
59295 posts
Posted on 10/5/23 at 9:38 pm to
quote:

It's going to 150 in the next 5.


How do you know?
Posted by cadillacattack
the ATL
Member since May 2020
5332 posts
Posted on 10/6/23 at 7:41 am to
quote:

What is your timeframe? It's going to 150 in the next 5.



I agree …. I suspect it may go lower in the interim, but there is a strong case to be made for $150.

Our Cold War opponents are playing the serious game of geopolitical strategy and appear to be winning. They KNOW the US economy is wholly dependent on Oil, and will be for the foreseeable future. The fact that the current administration cannot see it is not a surprise.

And let’s face it ….. in his entire career our current POTUS has been on the wrong side of every, single foreign policy issue he has influenced. And Oil is no different….

This post was edited on 10/6/23 at 7:42 am
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