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re: Saudi Oil Officials: Oil could exceed $180/bbl if disruptions continue into late April

Posted on 5/20/26 at 6:18 pm to
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
78445 posts
Posted on 5/20/26 at 6:18 pm to
quote:

US O&G expects pricing to collapse for oil later this year.


What number is a collapse? You see where December is trading right now?

quote:

What do you suppose it would be if Iran closed the Strait in possession of nuclear weapons


Are you saying they would nuke themselves?
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
78445 posts
Posted on 5/20/26 at 6:19 pm to
quote:

If the US did not export it's oil we wouldn't have to deal with the middle east


Thanks Obama
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
139479 posts
Posted on 5/20/26 at 6:19 pm to
Congrats O&G baws.


Winning forever
Posted by N2cars
Member since Feb 2008
39656 posts
Posted on 5/20/26 at 6:39 pm to
quote:

Winning forever


Sometimes.
Posted by Stat M Repairman
Member since Jun 2023
2835 posts
Posted on 5/20/26 at 7:09 pm to
Summer of energy lockdowns rolls [ON] OFF ...
Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
30520 posts
Posted on 5/20/26 at 7:32 pm to
quote:

You kommies are the worst


You posted a link to an outlier station in Big Sur.

Guess what kinda proces they have had there this year... yep even higher.

$9.699

Insta

This post was edited on 5/20/26 at 8:12 pm
Posted by kciDAtaE
Member since Apr 2017
17606 posts
Posted on 5/20/26 at 7:36 pm to
The world will be in a global recession if the straight isn’t opened in the next few months. And there is no way around that.
Posted by TulaneUVA
Member since Jun 2005
26228 posts
Posted on 5/20/26 at 7:36 pm to
quote:

Saudis would love oil to see oil @ 180


No, that would lead to technology and infrastructure changes leading to demand destruction.
Posted by kciDAtaE
Member since Apr 2017
17606 posts
Posted on 5/20/26 at 8:02 pm to
quote:

the US did not export it's oil we wouldn't have to deal with the middle east.

Explain
Posted by dkreller
Laffy
Member since Jan 2009
34012 posts
Posted on 5/20/26 at 8:03 pm to
quote:

The worst part of that is it was policy driven. Prices are high now because of Iran

quote:

Holy shite

Where’s the lie?
Posted by dkreller
Laffy
Member since Jan 2009
34012 posts
Posted on 5/20/26 at 8:03 pm to
quote:

The US gets almost no oil from Strait of Hormuz

What’s your point exactly?
Posted by dkreller
Laffy
Member since Jan 2009
34012 posts
Posted on 5/20/26 at 8:06 pm to
quote:

Congrats O&G baws.

Winning forever

The rig count is flat since the conflict started.
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
12722 posts
Posted on 5/20/26 at 9:43 pm to
quote:

The rig count is flat since the conflict started.


Too many people are scared right now if this gets resolved quickly the price will fall too quickly.

Oil prices this high is like a hot chick waiting for you to have sex with her. Next thing you know you stick your oil derrick in her and the prices collapse and you are stuck with an old maid and losing money hand over fist. And it is too late to pull out.
This post was edited on 5/20/26 at 9:47 pm
Posted by N2cars
Member since Feb 2008
39656 posts
Posted on 5/20/26 at 9:53 pm to
I read thst in Tommy's voice.
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