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Oil heading back up

Posted on 7/7/26 at 2:29 pm
Posted by UptownJoeBrown
Baton Rouge
Member since Jul 2024
10855 posts
Posted on 7/7/26 at 2:29 pm
Trump restricts Iran oil again after tanker attack.

CNBC
Posted by Zahrim
McCamey Texas
Member since Mar 2009
8208 posts
Posted on 7/7/26 at 2:29 pm to
/yawn
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
74522 posts
Posted on 7/7/26 at 2:31 pm to
Iranian oil was already sanctioned prior to the beginning of the conflict

If oil prices end up higher than they were before the conflict, then gas industry and station owners are full of shite bilking their fellow men.
Posted by tigersbh
Baton Rouge
Member since Oct 2005
13288 posts
Posted on 7/7/26 at 2:37 pm to
$72/barrel. I’lll take that.
Posted by UptownJoeBrown
Baton Rouge
Member since Jul 2024
10855 posts
Posted on 7/7/26 at 2:40 pm to
quote:

Iranian oil was already sanctioned prior to the beginning of the conflict


OK, and now they can’t sell it at all like during the blockade.
Posted by LuckyTiger
Top 1% On Onlyfans
Member since Dec 2008
52775 posts
Posted on 7/7/26 at 2:58 pm to
We can’t stop iran from hitting the ships.
Posted by Jack Daniel
Gold member
Member since Feb 2013
29524 posts
Posted on 7/7/26 at 3:10 pm to
It’s been going down 8 weeks straight. Chill little chicken
Posted by Rip Torner
Member since Jul 2023
2971 posts
Posted on 7/7/26 at 3:13 pm to
How excited are you?!
Posted by texas tortilla
houston
Member since Dec 2015
4782 posts
Posted on 7/7/26 at 3:18 pm to
Trump had the chance to just leave. Then let Israel and Iran finish their feud. It was never our feud. War will resume soon and the markets are headed south.
Posted by Nosevens
Member since Apr 2019
19998 posts
Posted on 7/7/26 at 3:18 pm to
Oil and oil related comes through that region other than Iran. China was still getting oil under the ban even still. China not getting or any oil related products not getting through that’s not from Iran creates spikes.
Posted by Flats
Member since Jul 2019
28402 posts
Posted on 7/7/26 at 3:33 pm to
quote:

then gas industry and station owners are full of shite bilking their fellow men.


They're charging what people will pay, just like you do when you sell something you lunatic.
Posted by UptownJoeBrown
Baton Rouge
Member since Jul 2024
10855 posts
Posted on 7/7/26 at 3:34 pm to
quote:

It’s been going down 8 weeks straight. Chill little chicken


Not panicking. Just reporting.
Posted by RollingwiththeTide
Member since Oct 2020
7053 posts
Posted on 7/7/26 at 3:36 pm to
We can stop them from hitting the ships. There just isn’t any will to do so.
Posted by ChatGPT of LA
Member since Mar 2023
7136 posts
Posted on 7/7/26 at 3:48 pm to
65 to 85 is the sweet spot for oil industry to operate and exploration to continue. Below 65 is when rig day rates drop and service industry suffers if it stays low for too long
Posted by FLTech
he/won
Member since Sep 2017
29076 posts
Posted on 7/7/26 at 3:49 pm to
Who gives a shite.. gas has been $3.49 by my house for weeks now even though it was $3.49 when oil was $100/barrell
Posted by idlewatcher
Planet Arium
Member since Jan 2012
97843 posts
Posted on 7/7/26 at 3:54 pm to
quote:

Who gives a shite.


A lot less people than what the media states is who.
Posted by 50_Tiger
Arlington TX
Member since Jan 2016
43486 posts
Posted on 7/7/26 at 3:56 pm to
quote:


Who gives a shite.. gas has been $3.49 by my house for weeks now even though it was $3.49 when oil was $100/barrell


It was 5 bucks in Houma yesterday before I drove back to DFW


Gas prices are just fricking made up at this point.
Posted by ragincajun03
Member since Nov 2007
29535 posts
Posted on 7/7/26 at 4:02 pm to
quote:

It was 5 bucks in Houma yesterday


Weird. GasBuddy’s showing at least 10 spots in the Houma-Thibodaux area under $3.25/gallon.

The Big Wheels Travel Station (Exxon) at the Highway 90/Bayou Blue Road interchange is showing $3.70/gallon.

The Shell at 90 and LA 24 showing $3.40/gallon.
This post was edited on 7/7/26 at 4:06 pm
Posted by FLTech
he/won
Member since Sep 2017
29076 posts
Posted on 7/7/26 at 4:10 pm to
It's absurd.
Posted by jammajin
Member since Jul 2024
2364 posts
Posted on 7/7/26 at 4:11 pm to
muh quagmire
muh regime change
muh i thought they were decimated

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