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Thread: OIL..

  1. #1721

    Default

    Yes ^^ will you take the Mark in the forehead or back of your hand in order to buy or sell anything??
    Thomas Jefferson is credited with writing, “When injustice becomes law, resistance becomes duty.” The seceding states in the Civil War period issued a similar declaration using the word “tyranny” as opposed to “injustice.”

  2. #1722

    Default

    https://tomluongo.me/2023/04/06/davo...-opec-buzzsaw/

    This is an interesting take on how the oil markets figure into the Ukraine battle, Davos strategy & US interests. A lot of it makes perfect sense. Except that the prices I see at the pump are falling.

    If we see a sudden uptrend in pump prices, then the doom story, that Tom is purveying, may be legitimate. If not, then larger forces, that he did not account for, are in play.
    “The Federal Reserve is not currently forecasting a recession.”
    Fed Chairman Ben Bernanke, January 2008
    This is no longer posted in the Fed Minutes of January 2008, but still quoted here - https://www.nbcnews.com/id/wbna22592939. The FOMC minutes still quote MR. Reifschneider. as stating the same thing.

  3. #1723

    Default

    Quote Originally Posted by SilverPalm View Post
    https://tomluongo.me/2023/04/06/davo...-opec-buzzsaw/

    This is an interesting take on how the oil markets figure into the Ukraine battle, Davos strategy & US interests. A lot of it makes perfect sense. Except that the prices I see at the pump are falling.

    If we see a sudden uptrend in pump prices, then the doom story, that Tom is purveying, may be legitimate. If not, then larger forces, that he did not account for, are in play.


    Interesting article. I partially agree but lot of variables to consider. Retail gas prices ( average for all grades) have been going up in US since beginning of year according to this report

    April 03, 2023 3.606
    March 27, 2023 3.533
    March 20, 2023 3.534
    March 13, 2023 3.568
    March 06, 2023 3.505
    February 27, 2023 3.457
    February 20, 2023 3.494
    February 13, 2023 3.502
    February 06, 2023 3.552
    January 30, 2023 3.594
    January 23, 2023 3.519
    January 16, 2023 3.416
    January 09, 2023 3.366
    January 02, 2023 3.331

  4. #1724

    Exclamation

    Quote Originally Posted by brutus2 View Post
    Interesting article. I partially agree but lot of variables to consider. Retail gas prices ( average for all grades) have been going up in US since beginning of year according to this report

    April 03, 2023 3.606
    March 27, 2023 3.533
    March 20, 2023 3.534
    March 13, 2023 3.568
    March 06, 2023 3.505
    February 27, 2023 3.457
    February 20, 2023 3.494
    February 13, 2023 3.502
    February 06, 2023 3.552
    January 30, 2023 3.594
    January 23, 2023 3.519
    January 16, 2023 3.416
    January 09, 2023 3.366
    January 02, 2023 3.331
    we're at $3.69 Here in Michigan currently..
    Most Interesting is Diesel is ONLY 30 cents Higher than Regular Now
    When it was Over a Dollar Higher Just a short Time ago
    x3

  5. #1725

    Default

    “The Federal Reserve is not currently forecasting a recession.”
    Fed Chairman Ben Bernanke, January 2008
    This is no longer posted in the Fed Minutes of January 2008, but still quoted here - https://www.nbcnews.com/id/wbna22592939. The FOMC minutes still quote MR. Reifschneider. as stating the same thing.

  6. #1726

    Default

    Quote Originally Posted by SilverPalm View Post
    Billy>>> Daddy, what happens when I spend all the money in my piggy bank?
    Dad>>>Well Billy, you are all out of money then and you cannot buy any candy.
    Billy>>>Ok Daddy, I want to spend all my piggy banks money, here is a hammer >>>>

    HAMMER TIME....

    Thomas Jefferson is credited with writing, “When injustice becomes law, resistance becomes duty.” The seceding states in the Civil War period issued a similar declaration using the word “tyranny” as opposed to “injustice.”

  7. #1727

    Default

    https://oilprice.com/Latest-Energy-N...r-Horizon.html

    BP is getting a new rig in the gulf where the Deep Water Horizon accident happened.
    “The Federal Reserve is not currently forecasting a recession.”
    Fed Chairman Ben Bernanke, January 2008
    This is no longer posted in the Fed Minutes of January 2008, but still quoted here - https://www.nbcnews.com/id/wbna22592939. The FOMC minutes still quote MR. Reifschneider. as stating the same thing.

  8. #1728

    Default

    Drill! we must!
    Thomas Jefferson is credited with writing, “When injustice becomes law, resistance becomes duty.” The seceding states in the Civil War period issued a similar declaration using the word “tyranny” as opposed to “injustice.”

  9. #1729

    Default

    https://oilprice.com/Energy/Energy-G...rt-Quotas.html
    China putting their finger on the scale?
    “The Federal Reserve is not currently forecasting a recession.”
    Fed Chairman Ben Bernanke, January 2008
    This is no longer posted in the Fed Minutes of January 2008, but still quoted here - https://www.nbcnews.com/id/wbna22592939. The FOMC minutes still quote MR. Reifschneider. as stating the same thing.

  10. #1730

    Default

    $70.90...........................?
    And gas is Back to $3.69 Regular here Today
    x3

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