General Discussion

AverageOldGuy

(4,255 posts)

18. But I thouight it would be open in two weeks.

Reply to LymphocyteLover (Original post)

Thu Jun 4, 2026, 10:36 AM

15 hrs ago

Or was that six weeks ago?

Edit history

Please sign in to view edit histories.

Recommendations

1 members have recommended this reply (displayed in chronological order):

LymphocyteLover

42 replies

= new reply since forum marked as read

Highlight:

If the Strait of Hormuz doesn't open soon, as seems likely, there will be a massive economic crash [View all] LymphocyteLover 18 hrs ago OP

The shit is on the wing orangecrush 18 hrs ago #1

The storage cushion is fudgy. bucolic_frolic 18 hrs ago #2

President Bone Spurs had a plan to get out of Vietnam. Emile 17 hrs ago #3

Daddy's not buying his way out of this one. dem4decades 17 hrs ago #4

From another perspective cachukis 17 hrs ago #5

there's definitely been some adaptation... but still a lot has been kept afloat by the reserves that are likely to run LymphocyteLover 12 hrs ago #27

No question. One of my worries is the takeover of cachukis 11 hrs ago #31

Absolutely. I totally agree on all those points. The stock market is particularly a mess IMO LymphocyteLover 11 hrs ago #32

Have invested mostly in real estate over the last cachukis 11 hrs ago #34

Why would " Diesel goes first"??? Melon 17 hrs ago #6

800,000 to 1.2 million SamuelTheThird 16 hrs ago #11

It's one country. Multiply across all oil producing Melon 8 hrs ago #41

Yes, but the key is how long the strait stays closed and how quickly the reserves run out LymphocyteLover 12 hrs ago #28

Diesel is often made from mideastern crude while gasoline is made from US crude JT45242 12 hrs ago #30

Completely wrong. GreatGazoo 17 hrs ago #7

lol@your link SamuelTheThird 16 hrs ago #10

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

Are America's strategic reserves at a 40 year low right before the summer season? SamuelTheThird 15 hrs ago #19

Traders in Singapore, Beijing and Mumbai aren't duped by whatever Trump says GreatGazoo 11 hrs ago #36

This message was self-deleted by its author LymphocyteLover 12 hrs ago #29

Futures Are Not Delivery modrepub 9 hrs ago #39

"futures price contracts probably isn't a good predictor of actual future prices" -- meaning spot prices, yes GreatGazoo 6 hrs ago #42

Appreciate your insight as I'm an admitted economic idiot. I can see where Exxon would be trying to "warn" Cheezoholic 14 hrs ago #21

Futures lock in a price right now GreatGazoo 12 hrs ago #22

Admittedly, Im no expert or even amateur...but SamuelTheThird 11 hrs ago #35

Since oil is sold as futures there is more profit when buyers panic about the future GreatGazoo 10 hrs ago #37

All hinging on a deal that isn't going to happen SamuelTheThird 10 hrs ago #38

Last week Exxon Mobil warned that oil inventories will fall to record low levels in coming weeks LymphocyteLover 11 hrs ago #33

Demand destruction WSHazel 17 hrs ago #8

"one of the key reasons that Trump started this conflict was to increase energy prices"-- agree LymphocyteLover 12 hrs ago #25

And it's all part of the plan... 2naSalit 16 hrs ago #9

Excellent summation. Kid Berwyn 16 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 15 hrs ago #13

Agree. Thanks for the link. LymphocyteLover 12 hrs ago #24

Kick dalton99a 15 hrs ago #14

MAGA does the full collapse kairos12 15 hrs ago #16

First the bastids want to grift off it, if they can. GreenWave 15 hrs ago #17

But I thouight it would be open in two weeks. AverageOldGuy 15 hrs ago #18

That's the point. Blue Full Moon 15 hrs ago #20

Unbelievably awful LymphocyteLover 12 hrs ago #23

It's happening now as we speak. marble falls 12 hrs ago #26

Remember that the UAE left OPEC a few weeks ago WSHazel 9 hrs ago #40