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Oil Prices Beginning to Plummet Already
Google ^

Posted on 11/03/2026 8:09:54 AM PST by cotton1706

$104 as of Friday afternoon

Now around $95

(Excerpt) Read more at google.com ...


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To: Alberta's Child
WTI crude averaged $60 in January 2026. I'm not sure what this news is supposed to mean.

That is it's true value less the war premium. Volume through the Straits of Hormuz is back to pre-war volumes. The West lacks refining capacity due to the insane environmentalists blocking new construction. Right now we have enough oil on the world market. What we lack is refining capacity.

21 posted on 11/03/2026 8:50:15 AM PST by cpdiii (cane cutter, deck hand, roughneck, geologist, commercial pilot instructor, pharmacist MAGA+)
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To: cotton1706

Brent is down 1.5%


22 posted on 11/03/2026 8:52:07 AM PST by AppyPappy (They don't call you a Nazi because they think you are one. They do it to justify violence. )
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To: cotton1706

Cas down .43 cents in three days in Broward County Florida.


23 posted on 11/03/2026 8:58:38 AM PST by jmaroneps37 (Freedom is never free. It must be won rewon and jealously guarded.)
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To: cotton1706

The powers to be know it is too late to affect the elections now so they can drop them.


24 posted on 11/03/2026 8:59:39 AM PST by Resolute Conservative
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To: Captain Peter Blood
We'll see.

When the 'Memorandum of Understanding' was announced, the WTI price fell in a matter of weeks from $100/bbl to $67.50/bbl. When it's clear hostilities have ended, the same thing will happen.

25 posted on 11/03/2026 8:59:59 AM PST by Dan in Wichita
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To: cotton1706

New York Times says late deciders going +9 Republican and in Fla. Republican voting started og strong +14 and then went to +19.


26 posted on 11/03/2026 9:02:06 AM PST by jmaroneps37 (Freedom is never free. It must be won rewon and jealously guarded.)
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To: Dan in Wichita

If the Republicans keep the House and the Senate ...

The Iran regime will collapse.
Ukraine will agree to peace and loss of territory.
Oil prices will drop significantly for a prolonged period of time.

Basically a Golden Age.
And the Democrats will have their people burn our cities in protest.


27 posted on 11/03/2026 9:03:13 AM PST by ClearCase_guy (Some people want to control their own life, others want to control the lives of others. )
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To: Texas Eagle

Here in my neck of the woods of Northern California gas is $4.89/g and dropping. This is at our local Indian Casino where all those California taxes do not apply—what’s the lesson? don’t go off the reservations :)


28 posted on 11/03/2026 9:10:24 AM PST by abigkahuna
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To: ClearCase_guy

I see no downside in what you describe - even the burning cities.


29 posted on 11/03/2026 9:12:41 AM PST by Empire_of_Liberty
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To: tlozo

“ Google is showing its down $0.80 today. Not exactly earth shaking movement.”
***************************************************

Petroleum prices going down is good news for America and Americans but bad news for Zielensky and ZEEPERS.


30 posted on 11/03/2026 9:12:44 AM PST by House Atreides (I’m now ULTRA-MAGA-PRO-MAX)
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To: ClearCase_guy

I see no downside in what you describe - even the burning cities.


31 posted on 11/03/2026 9:13:20 AM PST by Empire_of_Liberty
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To: abigkahuna

Thanks for the reminder about the casinos. We will be going to one about 15 minutes away on Friday. I should have enough gas to last me until then.


32 posted on 11/03/2026 9:16:19 AM PST by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all. )
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To: House Atreides
“ Google is showing its down $0.80 today. Not exactly earth shaking movement.”

Petroleum prices going down is good news for America and Americans but bad news for Zielensky and ZEEPERS.

LOL, more single minded stupidity. If the price of oil falls, Russia will make less in sales.

33 posted on 11/03/2026 9:17:20 AM PST by tlozo (“Russia war-Either money today or blood tomorrow," Polish Prime Minister Donald Tusk)
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To: tlozo

hey bozo ... it was down 8 bucks yesterday ...


34 posted on 11/03/2026 9:19:39 AM PST by bankwalker (Feminists, like all Marxists, are ungrateful parasites.)
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To: cotton1706

Well, sure. Now that the election is over, we’ll see oil, gas & diesel prices plummet “because Democrats were elected.” (If they are...)


35 posted on 11/03/2026 9:28:34 AM PST by citizen (Say it with me.....the UK is now UKistan. Short & to the point.)
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To: House Atreides

Thought you might like some Peeper masturbation material.

36 posted on 11/03/2026 9:28:46 AM PST by fruser1
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To: ClearCase_guy

So they have just been waiting for the midterms to do those things? Really? Been two years and only one of the things on that list was an issue when they started.


37 posted on 11/03/2026 9:30:27 AM PST by MomentsofSanity
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To: fruser1

Sleazy post. FR is getting in the gutter.

No wonder members aren’t donating.


38 posted on 11/03/2026 9:30:40 AM PST by citizen (Say it with me.....the UK is now UKistan. Short & to the point.)
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To: bankwalker

After going up by that much in the last couple weeks. So it’s where it was mid October. It’s significantly above where it was the end of January. Kind of a hollow victory to celebrate is it not?


39 posted on 11/03/2026 9:31:53 AM PST by MomentsofSanity
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To: bankwalker
... it was down 8 bucks yesterday ...

Which still leaves it at $96-, on hopes of talks, which we have all seen before.

The national average retail price for a gallon of diesel is $6.292, according to the AAA Gas Prices index

40 posted on 11/03/2026 9:34:08 AM PST by tlozo (“Russia war-Either money today or blood tomorrow," Polish Prime Minister Donald Tusk)
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