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Oil is still dropping and top five large caps stocks are up along with Chevron and Exxon.

Posted on 6/23/26 at 9:57 am
Posted by loogaroo
Welsh
Member since Dec 2005
43440 posts
Posted on 6/23/26 at 9:57 am
It can stop dropping now. $75 oil is good for everyone.
Posted by jammajin
Member since Jul 2024
2695 posts
Posted on 6/23/26 at 10:06 am to
Muh. Global economy to its knees. Muh.
Posted by PsychTiger
Member since Jul 2004
110600 posts
Posted on 6/23/26 at 10:08 am to
Great, but how does that help with the big issues facing America such as algae in the reflecting pool?
Posted by jammajin
Member since Jul 2024
2695 posts
Posted on 6/23/26 at 10:11 am to
quote:

Great, but how does that help with the big issues facing America such as algae in the reflecting pool?


I heard there's only a 4 week reserve of algae globally. It will be BEDLAM if we run out of algae

Posted by imjustafatkid
Alabama
Member since Dec 2011
67566 posts
Posted on 6/23/26 at 10:12 am to
quote:

Great, but how does that help with the big issues facing America such as algae in the reflecting pool?


Posted by loogaroo
Welsh
Member since Dec 2005
43440 posts
Posted on 6/23/26 at 10:14 am to
quote:

Great, but how does that help with the big issues facing America such as algae in the reflecting pool?


Chlorine should be cheaper.

L
O
L


Posted by jammajin
Member since Jul 2024
2695 posts
Posted on 6/23/26 at 10:14 am to
the algae moving through the SOH is a fraction of 2025 levels
Posted by loogaroo
Welsh
Member since Dec 2005
43440 posts
Posted on 6/23/26 at 10:15 am to
Posted by jammajin
Member since Jul 2024
2695 posts
Posted on 6/23/26 at 10:15 am to
pointing out strategic vulnerabilities in the chlorine supply does not make one anti US
Posted by dragginass
Member since Jan 2013
3334 posts
Posted on 6/23/26 at 10:15 am to
I think the $75 is wish casting. I'm thinking $90 by end of July.
Posted by BestBanker
Member since Nov 2011
19710 posts
Posted on 6/23/26 at 10:17 am to

This post was edited on 7/26/26 at 5:54 pm
Posted by Potchafa
Avoyelles
Member since Jul 2016
4633 posts
Posted on 6/23/26 at 10:18 am to
$65 to 75 is the sweet spot.
Posted by captainFid
Never apologize to barbarism
Member since Dec 2014
11188 posts
Posted on 6/23/26 at 10:42 am to
quote:

$65 to 75 is the sweet spot.

You could actually see prices decrease retail if you hold it there long enough... After a quarter or two of (simply coincidental) 'record' profits.
Posted by dragginass
Member since Jan 2013
3334 posts
Posted on 6/23/26 at 10:44 am to
(no message)
This post was edited on 6/26/26 at 11:44 am
Posted by Sams Crow
Idaho
Member since Apr 2026
441 posts
Posted on 6/23/26 at 11:05 am to
It's $73 - 77 right now.
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
82308 posts
Posted on 6/23/26 at 11:10 am to
quote:

$75 oil is good for everyone.


Not me. I own a TruckNutz dealership.
Posted by BTROleMisser
Murica'
Member since Nov 2017
16146 posts
Posted on 6/23/26 at 11:27 am to
"NUH UH!!!!!! REEEEEEEEEEEEEEEEEEEEEEE!!!!! OMB!!!! "
Posted by dragginass
Member since Jan 2013
3334 posts
Posted on 6/23/26 at 11:55 am to
(no message)
This post was edited on 6/26/26 at 11:44 am
Posted by FLTech
he/won
Member since Sep 2017
29195 posts
Posted on 6/23/26 at 11:55 am to
In before Panicans come in skyscreaming that it's going to be bad for the oil industry if it gets below $__.___

Once gas gets down to a manageable price, they will switch their skyscreaming outrage that toothpaste is too expensive
Posted by Penrod
Member since Jan 2011
57428 posts
Posted on 6/23/26 at 1:01 pm to
quote:

In before Panicans come in skyscreaming that it's going to be bad for the oil industry if it gets below $__

As Dragginess pointed out:
quote:

$65 would being about a lack of capex that will springboard $100 oil.

This is just a fact about the industry. We want to dampen the fall of prices so we don’t undershoot too badly.
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