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BlueSpot

(1,176 posts)

8. What is "it"?

Reply to dem4decades (Reply #5)

Mon Jun 23, 2025, 11:06 PM

Jun 23

It did not say that in the original story which was about a spike. So apparently there is a new "it" in town.

The price crashed almost immediately. Well before the orange menace announced a cease fire.

What will happen if it is bullshit? Definitely potential there for an upswing in prices. We get a lot of our crude from the Middle East because, somewhat ironically, a fair number of our refineries are not designed to process the shale oil we produce domestically.

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Oil Futures Skyrocket as Iran Moves to Close Off Persian Gulf [View all] Yo_Mama_Been_Loggin Jun 23 OP

15 hours is an eternity for news like this. tritsofme Jun 23 #1

Aged like milk FBaggins Jun 23 #2

Fortunately, it didn't happen. Not sure why, though. Stock futures are up for tomorrow. Silent Type Jun 23 #3

The WTI (US) price has since retreated to $66/bbl BlueSpot Jun 23 #4

It said oil prices crashed because Trump announced a cease-fire dem4decades Jun 23 #5

What is "it"? BlueSpot Jun 23 #8

The site you linked to was the 'it". dem4decades Jun 23 #9

Oh. Oops. LOL BlueSpot Jun 24 #10

No problem, these are difficult times, and I enjoyed (sort of) the link. dem4decades Jun 24 #11

Oil was down 2.5% this morning. Down 7.5% midday and more I believe after the cease fire. Melon Jun 23 #6

I'd be willing to pay double gas prices to prove to maga that the gop are collaborators. lindysalsagal Jun 23 #7

Oil and gas prices are considered to be necessary collateral damage in Trump's war. Ping Tung Jun 24 #12