WTI Oil at $109/$110 a barrel--Sun Evening

113,164 Views | 967 Replies | Last: 4 days ago by No Spin Ag
tysker
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AG
Quote:

Then, as Trump has said, all increased prices will go back down once the objectives have been met.


What makes you think that?
No Spin Ag
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tysker said:

Quote:

Then, as Trump has said, all increased prices will go back down once the objectives have been met.


What makes you think that?


Because he said they'd go back down.
There are in fact two things, science and opinion; the former begets knowledge, the later ignorance. Hippocrates
tysker
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AG
No Spin Ag said:

tysker said:

Quote:

Then, as Trump has said, all increased prices will go back down once the objectives have been met.


What makes you think that?


Because he said they'd go back down.

Solid analysis. Trump's got what plants crave
Equinox
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MouthBQ98 said:

Equinox said:

Had to make another trip to Lubbock today. Filled up there for $3.14. After I left I saw another place that had it for $3.05.

$3.49 in Brownfield.

$3.29 in Seminole.

$4.14 in Odessa. Why? I've never understood why it's higher in Midland and Odessa than everywhere else.


The drill oil there. They refine it hundreds of miles away. They then ship back gasoline and diesel by truck to an area with a LOT of thirsty trucks, drivers with expense accounts, and oilfield hands with nothing to do but spend overtime money.

This describes Seminole and Andrews (granted, on a smaller scale) as much as it does Odessa-Midland. But gas in Mid-Od is almost $1 more per gallon.
ErnestEndeavor
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Markets are reacting weird today to Trump's latest comments.

Almost as if they don't think it will affect markets as much. The Iranian response to any such attacks has not been priced in.

Dow down but not as much as one would expect. Oil slightly up. VIx slightly up. But nothing profound.
FWTXAg
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ErnestEndeavor said:

Markets are reacting weird today to Trump's latest comments.

Almost as if they don't think it will affect markets as much. The Iranian response to any such attacks has not been priced in.

Dow down but not as much as one would expect. Oil slightly up. VIx slightly up. But nothing profound.


Probably because it's TACO Tuesday. (Thankfully, I don't want us to try and "End their civilization.")
MelvinUdall
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ErnestEndeavor said:

Markets are reacting weird today to Trump's latest comments.

Almost as if they don't think it will affect markets as much. The Iranian response to any such attacks has not been priced in.

Dow down but not as much as one would expect. Oil slightly up. VIx slightly up. But nothing profound.


I am no market expert, but the markets may have already been priced for another actions, outside of a full on ground invasion or nuke attack. Purely speculating.
TyHolden
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FWTXAg said:

ErnestEndeavor said:

Markets are reacting weird today to Trump's latest comments.

Almost as if they don't think it will affect markets as much. The Iranian response to any such attacks has not been priced in.

Dow down but not as much as one would expect. Oil slightly up. VIx slightly up. But nothing profound.


Probably because it's TACO Tuesday. (Thankfully, I don't want us to try and "End their civilization.")

The Vatican has decided to move meatless Fridays to Tuesday next year to combat Taco Tuesday.
Trump will counter by starting Fiesta Fridays.
I hope I did not offend anybody with this post. If I did, please come see me at my address in my profile so we can talk.
Kozmozag
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Our 2027 nil fund is going to be huge.
FlyRod
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Dated Brent.$144.46/bbl as i write this. Great job.
BigRobSA
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$3.999/gal for cheapest at HEB by me today.

On this board we can say that it's not that impactful, but to the regular people it definitely is and will impact their decision making when it comes time for election season. This could get bad.
ErnestEndeavor
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Oil dropping in the last few hours. Markets don't seem to be indicating an escalation.
ErnestEndeavor
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Oil down over 10% and still falling.
74Ag1
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AG
ErnestEndeavor said:

Oil down over 10% and still falling.

Yep
Houston Lee
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The Iranians CAPITULATED! The Strait of Hormuz is OPEN! Send the tankers through. Price of oil is dropping. JUST LIKE WE SAID IT WOULD!

Dan Scott
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WTI down 12%

ExxonMobil down 6%
ErnestEndeavor
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This is contingent on the strait truly being open and the ships actually moving, but good news for now.
TAMUallen
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Going to be a lot of angry and confused liberals. The talking points are going to be hard with prices settling
redsquirrelAG
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AG
This won't last lol.
Who?mikejones!
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redsquirrelAG said:

This won't last lol.


Trumps going to genocide people!

Trumps gonna taco!

Its not gonna last!
TxAG#2011
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Nice, so Trump caved in order to open the Strait?

The same strait that was already open before the war started?

Truly a master negotiator. Add in a new chapter to the art of the deal.
Houston Lee
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AG
TxAG#2011 said:

Nice, so Trump caved in order to open the Strait?

The same strait that was already open before the war started?

Truly a master negotiator. Add in a new chapter to the art of the deal.

Nope--Have you been watching this past month or so as the USA blew up Iran's Navy and Air Force? Have you been watching as Iran's supply chain and manufacturing has been decimated? Now the Strait is back open. AND we are on the way for some other major capitulation in the agreement being negotiated these next 2 weeks.

LMCane
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FWTXAg said:

ErnestEndeavor said:

Markets are reacting weird today to Trump's latest comments.

Almost as if they don't think it will affect markets as much. The Iranian response to any such attacks has not been priced in.

Dow down but not as much as one would expect. Oil slightly up. VIx slightly up. But nothing profound.


Probably because it's TACO Tuesday. (Thankfully, I don't want us to try and "End their civilization.")

was it TACO Tuesday when Trump sent in helicopters to blast apart Venezuela and capture Maduro?

how about when he launched an overwhelming attack on the Islamic Republic that every single dumb leftist stated he was too chicken to do?

when he put tariffs on countries all over the world?

when he sent ICE to round up millions of illegals?

when he built a wall and stopped illegal immigration in 6 months?
Dan Scott
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I guess all that's left is to know what's in Irans 10pt plan that Trump said is a workable basis to negotiate from
LMCane
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TxAG#2011 said:

Nice, so Trump caved in order to open the Strait?

The same strait that was already open before the war started?

Truly a master negotiator. Add in a new chapter to the art of the deal.


notice how utterly repugnant the left is

they berate Trump for threatening to launch greater attacks on our mortal enemy

then when Trump uses his threats to get peace- the same idiot leftists call Trump a coward.

enjoy the next three years losers!
Dan Scott
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AG
Dan Scott said:

WTI down 12%

ExxonMobil down 6%


WTI down 16%
TxAG#2011
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Houston Lee said:

TxAG#2011 said:

Nice, so Trump caved in order to open the Strait?

The same strait that was already open before the war started?

Truly a master negotiator. Add in a new chapter to the art of the deal.

Nope--Have you beed watching this past month or so as the USA blew up Iran's Navy and Air Force? Have you been watching as Iran's supply chain and manufacturing has been decimated? Now the Strait is back open. AND we are on the way for some other major capitulation in the agreement being negotiated these next 2 weeks.



Uh, ok. So? This will make no material difference to any of our lives and meanwhile we spent a couple hundred billion dollars of our own money doing it.
TAMUallen
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TxAG#2011 said:

Houston Lee said:

TxAG#2011 said:

Nice, so Trump caved in order to open the Strait?

The same strait that was already open before the war started?

Truly a master negotiator. Add in a new chapter to the art of the deal.

Nope--Have you beed watching this past month or so as the USA blew up Iran's Navy and Air Force? Have you been watching as Iran's supply chain and manufacturing has been decimated? Now the Strait is back open. AND we are on the way for some other major capitulation in the agreement being negotiated these next 2 weeks.



Uh, ok. So? This will make no material difference to any of our lives and meanwhile we spent a couple hundred billion dollars of our own money doing it.


You can admit defeat and that orange man good. It is ok
LMCane
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WTI down 17% in the last ten minutes

I'm old enough when the dummies were claiming that ending the Islamic Republic nuclear bomb threat would send the entire world into a great depression
aginlakeway
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TxAG#2011 said:

Houston Lee said:

TxAG#2011 said:

Nice, so Trump caved in order to open the Strait?

The same strait that was already open before the war started?

Truly a master negotiator. Add in a new chapter to the art of the deal.

Nope--Have you beed watching this past month or so as the USA blew up Iran's Navy and Air Force? Have you been watching as Iran's supply chain and manufacturing has been decimated? Now the Strait is back open. AND we are on the way for some other major capitulation in the agreement being negotiated these next 2 weeks.



Uh, ok. So? This will make no material difference to any of our lives and meanwhile we spent a couple hundred billion dollars of our own money doing it.


My wife's Iranian work partner would like to visit with you about this.

Imagine hating Trump so much that you hate it when America wins big.
LMCane
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TxAG#2011 said:

Nice, so Trump caved in order to open the Strait?

The same strait that was already open before the war started?

Truly a master negotiator. Add in a new chapter to the art of the deal.

we wiped out:

the entire Iranian navy

the entire Iranian Air Force

the entire Iranian nuclear weapons program (except for the 450 kilos of enriched uranium buried at Isfahan)

we wiped out hundreds of leaders of the Islamic Republic Guard Corps, the Basij, the government, and the political Mullah dictatorship

we wiped out much of the dual use industrial capacity of Iran

we wiped out much of the bridges, trains that feed their military development programs

we wiped out much of their ballistic missile stockpiles

we wiped out all of the Iranian air defense systems

we killed thousands of Iranian military and IRGC and Navy members

for the loss of ZERO PILOTS and 13 Killed in Action

all that to an INSANE IGNORAMUS LEFTIST = defeat for the USA
Deerdude
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Sounds like a war crime
Houston Lee
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AG
TxAG#2011 said:

Houston Lee said:

TxAG#2011 said:

Nice, so Trump caved in order to open the Strait?

The same strait that was already open before the war started?

Truly a master negotiator. Add in a new chapter to the art of the deal.

Nope--Have you beed watching this past month or so as the USA blew up Iran's Navy and Air Force? Have you been watching as Iran's supply chain and manufacturing has been decimated? Now the Strait is back open. AND we are on the way for some other major capitulation in the agreement being negotiated these next 2 weeks.



Uh, ok. So? This will make no material difference to any of our lives and meanwhile we spent a couple hundred billion dollars of our own money doing it.

We achieved our military goals:

Key stated military goals include:

Destroy Iran's missile stockpiles, launchers, and ability to produce them (including "razing" the missile industry and defense industrial base).

Destroy or severely degrade Iran's navy (and air force, with air superiority largely established early).

Permanently deny Iran nuclear weapons by targeting nuclear-related sites and infrastructure to eliminate any breakout capability.

Additional elements mentioned in broader statements: Neutralizing threats from Iran's drone program, ending support for terrorist proxies, and ensuring freedom of navigation (e.g., in the Strait of Hormuz).
PlanoAggie
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AG
WTI Crude down $18 in last hour! TACOs for all!!
Prosperdick
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AG
TxAG#2011 said:

Houston Lee said:

TxAG#2011 said:

Nice, so Trump caved in order to open the Strait?

The same strait that was already open before the war started?

Truly a master negotiator. Add in a new chapter to the art of the deal.

Nope--Have you beed watching this past month or so as the USA blew up Iran's Navy and Air Force? Have you been watching as Iran's supply chain and manufacturing has been decimated? Now the Strait is back open. AND we are on the way for some other major capitulation in the agreement being negotiated these next 2 weeks.



Uh, ok. So? This will make no material difference to any of our lives and meanwhile we spent a couple hundred billion dollars of our own money doing it.

Your side tried to cancel Musk and DOGE for trying to save that amount of money and more due to massive waste, fraud and abuse carried out by illegal aliens your autopen let into the country.

How many hundreds of billions of dollars were wasted with USAID and funneled back to Dems and their sycophants?
 
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