Posted on 03/06/2022 3:43:48 PM PST by Hojczyk
Crude Oil Apr 22 (CL=F) NY Mercantile - NY Mercantile Delayed Price. Currency in USD
125.66+9.98 (+8.63%) As of 06:30PM EST. Market open.
(Excerpt) Read more at finance.yahoo.com ...
A this rate oil will be 150 dollar by Friday
Just filled up at 3.29 a gal here in Texas. Every other station was already at 3.69 or higher. Guess I caught it at the right time!
Yeah, it’s not ending anytime soon, either.
I think that Putin knows that once the anger spreads to Western countries over commodity prices, Zelensky will be told to step down.
But wait, didn’t TRANS SEC Pete Butt-Edge tell us the other day that the Keystone Pipeline was a permanent solution to oil prices that he did not want to pursue???????
BTW, gold and silver are also up bigly.
Stock market is tanking as is the EURO.
Let’s Go Brandon.
NASDAQ futures off 1.88%
“Yeah, it’s not ending anytime soon, either.”
This has the look of a blow-off top. I’ll lower some positions tomorrow and hopefully it will keep going up as I sell into it going forward.
TOKYO/HO CHI MINH CITY/JAKARTA -- An oil price surge is pressuring Asian governments to control the price of gasoline, and while some have allowed prices at the pump to rise, others are eating the costs for fear of stoking public anger.
With the price of West Texas Intermediate crude last week hitting $116 a barrel for the first time since 2008, the Vietnamese and Japanese and other governments are implementing or considering measures to ease consumers' economic burdens.
But governments in Turkey and elsewhere are not, as the cost of regulating fuel prices grows too high.
"Sorry," read a sign at a shuttered gas station in Vietnam last month, "prices are being changed."
In the communist country, where gasoline prices are set by the government, the cost of a liter of 95 octane fuel has been raised six times since Dec. 10, increasing 17% in three months. Consumers' pain has been compounded by a supply shortage. Motorbike riders trying to fill up at hundreds of gas stations last month found pumps put away and signs telling them to return later.
This led to speculation that gas station operators were stockpiling until the next price hike, which can only take place on certain days of the month. Drivers want the state to prevent such manipulation.
https://asia.nikkei.com/Spotlight/Market-Spotlight/In-Asia-oil-price-surge-stokes-government-fear-of-angry-voters
Bidens on a roll, hold on tight this party is about to get Hot!!
U.S has More oil than all the Middle East put Together.
https://freerepublic.com/focus/f-news/4044251/posts
Crude oil was $43.65 on Nov 4, 2020.
This is just a reminder that under Biden’s watch, crude oil has TRIPLED in price.
Of course, Biden will blame everyone but himself for this increase.
The American people know very well that under Trump’s watch their price at the pump was very low.
But it never hurts to remind the American people about the facts, because the media and Biden’s regimes will always distort the facts.
But, Biden is doing it faster than Obama.
I lived the price of Gas doubling overnight under Carter, we are almost there!!
Here in Sacramento most of the stations near me are now above $5 for reg unleaded.
Gold just crossed $2k/oz.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.