General Discussion

SamuelTheThird

(1,340 posts)

10. lol@your link

Thu Jun 4, 2026, 09:49 AM

23 hrs ago

One: Real optimism that the Iran conflict/war is soon settled.

lol ain't happening. So 'your' number one reason is fantasy hopium

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If the Strait of Hormuz doesn't open soon, as seems likely, there will be a massive economic crash [View all] LymphocyteLover Yesterday OP

The shit is on the wing orangecrush Yesterday #1

The storage cushion is fudgy. bucolic_frolic Yesterday #2

President Bone Spurs had a plan to get out of Vietnam. Emile Yesterday #3

Daddy's not buying his way out of this one. dem4decades Yesterday #4

From another perspective cachukis Yesterday #5

there's definitely been some adaptation... but still a lot has been kept afloat by the reserves that are likely to run LymphocyteLover 19 hrs ago #27

No question. One of my worries is the takeover of cachukis 18 hrs ago #31

Absolutely. I totally agree on all those points. The stock market is particularly a mess IMO LymphocyteLover 18 hrs ago #32

Have invested mostly in real estate over the last cachukis 18 hrs ago #34

Why would " Diesel goes first"??? Melon Yesterday #6

800,000 to 1.2 million SamuelTheThird 23 hrs ago #11

It's one country. Multiply across all oil producing Melon 15 hrs ago #41

Yes, but the key is how long the strait stays closed and how quickly the reserves run out LymphocyteLover 19 hrs ago #28

Diesel is often made from mideastern crude while gasoline is made from US crude JT45242 19 hrs ago #30

Not In The US, Though ProfessorGAC 55 min ago #45

Completely wrong. GreatGazoo Yesterday #7

lol@your link SamuelTheThird 23 hrs ago #10

You ignored all the numbers to nitpick about semantics GreatGazoo 22 hrs ago #15

Are America's strategic reserves at a 40 year low right before the summer season? SamuelTheThird 22 hrs ago #19

Traders in Singapore, Beijing and Mumbai aren't duped by whatever Trump says GreatGazoo 18 hrs ago #36

This message was self-deleted by its author LymphocyteLover 19 hrs ago #29

Futures Are Not Delivery modrepub 17 hrs ago #39

"futures price contracts probably isn't a good predictor of actual future prices" -- meaning spot prices, yes GreatGazoo 13 hrs ago #42

Future Prices Are Not Necessarily modrepub 3 hrs ago #43

No. For anyone holding a March contract at $63 their price in March was $63 GreatGazoo 2 hrs ago #44

Appreciate your insight as I'm an admitted economic idiot. I can see where Exxon would be trying to "warn" Cheezoholic 21 hrs ago #21

Futures lock in a price right now GreatGazoo 19 hrs ago #22

Admittedly, Im no expert or even amateur...but SamuelTheThird 18 hrs ago #35

Since oil is sold as futures there is more profit when buyers panic about the future GreatGazoo 18 hrs ago #37

All hinging on a deal that isn't going to happen SamuelTheThird 17 hrs ago #38

Last week Exxon Mobil warned that oil inventories will fall to record low levels in coming weeks LymphocyteLover 18 hrs ago #33

Demand destruction WSHazel Yesterday #8

"one of the key reasons that Trump started this conflict was to increase energy prices"-- agree LymphocyteLover 19 hrs ago #25

And it's all part of the plan... 2naSalit 23 hrs ago #9

Excellent summation. Kid Berwyn 23 hrs ago #12

I don't think the Strait of Hormuz never reopening is going to happen, but it will not reopen without a major shock ToxMarz 23 hrs ago #13

Agree. Thanks for the link. LymphocyteLover 19 hrs ago #24

Kick dalton99a 23 hrs ago #14

MAGA does the full collapse kairos12 22 hrs ago #16

First the bastids want to grift off it, if they can. GreenWave 22 hrs ago #17

But I thouight it would be open in two weeks. AverageOldGuy 22 hrs ago #18

That's the point. Blue Full Moon 22 hrs ago #20

Unbelievably awful LymphocyteLover 19 hrs ago #23

It's happening now as we speak. marble falls 19 hrs ago #26

Remember that the UAE left OPEC a few weeks ago WSHazel 16 hrs ago #40