14 Replies to “Oil prices are tanking…”

  1. Everything is falling. gold, copper, oil, the stock market…except the USD. That’s bad.

    1. No that’s good. That’s very good. That and a recession will lay the groundwork for wealth creation. The world needs a stable strong USD.

  2. The manipulators be manipulating!!
    It used to be the Opeckers were bad but now the algo traders move all markets all the time.

  3. Remember when oil prices would go through the roof every time the Arabs picked a fight with Israel?

    Glad to see those days are over, removing any further reason to tolerate Arab terror that isn’t rooted in anti-Semitism.

    The latest canard is that the Zionists decided to choose now to kick the Arabs out of Gaza because they want the natural gas to be found off the coast there.

    Not that there isn’t a grain of truth to this; Israel is already beginning to exploit the Leviathan field off the Israeli coast. And yes, if there is gas off the Gaza coast, the Arabs have no business stealing Jewish property. They can make their fortune in the oil patch in Saudi if they like.

    If the elites succeed in making Israel into a pariah state, and get serious about BDS, the Jewish people will have other sources of income that won’t mostly benefit a cosmopolitan Hellenized elite in Tel Aviv.

  4. Btw, I saw this analysis of the WW3 to come:

    https://youtu.be/xcyCg5bIZBM?si=NJCTwQMXeGKHljbK

    Guy is correct, except Americans were right to dismiss Islam. The West as a culture/civilization, is light years ahead. I mean the West not infected by woke stuff. Anyway, on topic: Colonel MacGregor says towards the end that there might be a possible closure of trade routes through Red Sea and a sharp increase of oil prices. Except Arab Oil countries don’t want that. Unless they look at alternate trade routes? with China for example. Which was and still is strangely silent re Middle East conflict…

  5. It’s a sign of recession that’s hard to ignore. Tapped out consumers, many of whom are facing job losses, are cutting back.

  7. Oil prices go up and go down. The ‘analysts’ look around at world events, weather, etc. and pronounce reasons for the rise (or fall). In their expert opinion correlation proves causation.

    Yawn.

  9. All those contractor trucks sitting idle. No work. Nothing to do. I can’t wait for the freeway traffic to thin out again here in N.CA. It was heaven here during COVID. But, sadly … most companies have demanded their workers actually get their asses into the office again.

    But in a very good development … BART continues their bleeding of customers. Their trains are too expensive, too shitty (literally), too dangerous (thugs and robbers abound) … and all the criminals and homeless who simply jump the turnstiles … while you pay $17.00 round trip like a sucker.

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