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re: Oil trades at $100/barrel

Posted on 9/9/26 at 7:43 am to
Posted by NIH
Member since Aug 2008
125530 posts
Posted on 9/9/26 at 7:43 am to
HOLD, patriot. A small price to pay for are freedoms.
Posted by TenWheelsForJesus
Member since Jan 2018
11919 posts
Posted on 9/9/26 at 7:44 am to
I'm not going to worry until we at least hit $200 per barrel. That is what some super smart people promised me from the get go. And those fellas would never use emotions over logic.

If you were one of the ones crying about $200, then you can't logically cry when it is not even half of that. Unless crying is just your thing.
Posted by ronricks
Member since Mar 2021
13482 posts
Posted on 9/9/26 at 7:46 am to
quote:

I'm not going to worry until we at least hit $200 per barrel. That is what some super smart people promised me from the get go. And those fellas would never use emotions over logic.

If you were one of the ones crying about $200, then you can't logically cry when it is not even half of that. Unless crying is just your thing.


In other words since this is Trump's mess and not Biden you will use whatever mental gymnastics possible to justify it.
Posted by Bunk Moreland
Member since Dec 2010
70547 posts
Posted on 9/9/26 at 7:47 am to


By the way, this is the post pinned at the top of Truth Social right now.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
100250 posts
Posted on 9/9/26 at 7:48 am to
quote:

Unless crying is just your thing.


This is the correct answer. Look at hobgoblin and rondicks
Posted by ragincajun03
Member since Nov 2007
30113 posts
Posted on 9/9/26 at 7:50 am to
I do think we'll get the national average back below $3/gallon, but President Trump knows he's just throwing red meat out for the zombies with this under $2/gallon stuff.

The last three times the national average for Regular dropped below $2/gallon, we were in a recession cycle.

So unless he's predicting a recession during his term...
This post was edited on 9/9/26 at 7:53 am
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
83918 posts
Posted on 9/9/26 at 7:52 am to
quote:

I'm not going to worry until we at least hit $200 per barrel.


If you are hedged correctly, it's not a problem.
Posted by NIH
Member since Aug 2008
125530 posts
Posted on 9/9/26 at 7:59 am to
Do you mean personally or the average person that will be voting?
Posted by GoblinGuide
Member since Nov 2017
2331 posts
Posted on 9/9/26 at 8:09 am to
quote:

It was terrible. Gas was 9 a gallon

Its 5.50 now which has been the same since Obama days minus the years OMB got it down to 4


Where do you live that you ever paid 9 bucks a gallon, Europe?

quote:


But i will wait for your link about the 139 a barrel


Did you post a link to your own statement and I missed it?
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
83918 posts
Posted on 9/9/26 at 8:10 am to

I mean there are oil commodity tracking ETFs that will make money as the price of oil goes up.

Posted by ronricks
Member since Mar 2021
13482 posts
Posted on 9/9/26 at 8:14 am to
quote:

Where do you live that you ever paid 9 bucks a gallon, Europe?

SDVCuck is a notorious liar he also posted that mortgage rates hit 9% under Biden as a way to justify the failures of his hero Trump. Basically he will post anything in order to run interference for Trump's bad decisions that have resulted in:

High gasoline prices
High grocery prices
Inflation
War with Iran
High Mortgage rates

When Trump ran on lowering all of those things. We are getting precipitously close to the Biden era gasoline prices btw.
Posted by Lsut81
Member since Jun 2005
86061 posts
Posted on 9/9/26 at 8:35 am to
quote:

When Trump ran on lowering all of those things.


The problem is, he was actually accomplishing those things, but then chose to take a side quest into Iran, even after Midnight Hammer supposedly destroyed all nuclear capabilities.

Like I said, could you imagine where the economy and stock market would be right now if not for Iran?
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
100250 posts
Posted on 9/9/26 at 8:37 am to
We need to raise rates to fight the price of oil- rondicks


You actually claim this

Posted by wackatimesthree
Member since Oct 2019
15077 posts
Posted on 9/9/26 at 8:38 am to
quote:

It’s still lower than Biden when you add in inflation


Depends on what you mean by that.

quote:

Biden's Term Average: When adjusting for inflation, gas prices averaged around $3.86 per gallon across the entirety of the Biden administration, peaking significantly in June 2022 at a national average of 5.02 per gallon ( Olímpicos)


The peaks under Trump this time are lower than the peak under Biden.

But where gas is right now is higher than Biden's 4 year average.

However, if gas were to stay elevated at this level for the rest of Trump's term, it would still be (slightly) lower than Biden's four year average.
Posted by NIH
Member since Aug 2008
125530 posts
Posted on 9/9/26 at 8:40 am to
Maybe Trump can make that part of the midterm platform
Posted by Taxing Authority
Houston
Member since Feb 2010
64146 posts
Posted on 9/9/26 at 8:41 am to
quote:

It’s still lower than Biden when you add in inflation
Odd. I've been reliably told there is no inflation.
Posted by Potchafa
Avoyelles
Member since Jul 2016
4682 posts
Posted on 9/9/26 at 8:42 am to
Just landed on my big arse drillship about to re-enter and drill a 32,000’ well……with a smile on my face.
Posted by ronricks
Member since Mar 2021
13482 posts
Posted on 9/9/26 at 8:43 am to
quote:

We need to raise rates to fight the price of oil- rondicks


You actually claim this

I've never said that. You have been on here blaming everyone under the sun but Trump because its what you do. Including just making up random numbers and acting like nobody will fact check them and when they do and present them to you - you just scurry off to another thread posting about 'TDS' 'panicans' 'cucks' and calling everyone a 'Kamala voter' who dares to point out to you the failings of your hero
Posted by ragincajun03
Member since Nov 2007
30113 posts
Posted on 9/9/26 at 8:50 am to
quote:

Just landed on my big arse drillship about to re-enter and drill a 32,000’ well……with a smile on my face.




I’m running around the Permian today.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
100250 posts
Posted on 9/9/26 at 9:07 am to
quote:

I've never said that.




quote:

You have been on here blaming everyone under the sun but Trump


Blaming who for what? All you do is cry like a women

You spent 4yrs all day doing that cause of TDS. You are poor and a male democrat
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