Posted on 10/05/2022 7:27:30 AM PDT by Erik Latranyi
The Saudis indicated that they wanted to discuss the gas situation, and he apologized "Oh, sorry! Did I break wind?"
HUGE OPEC middle finger to Sleepy Joe. He is a joke on the world stage.
note that there was a sharp rise in prices last week (especially in Western N.A.), blaming a couple of refineries being down
at least that’s the current excuse
If only we could replace it somehow?
I know, what about electric cars powered by electric eels?
Hahahahaha, Eat S__t, Joe!
WTI price was recently lowest at $76 on 9-26. Today it is $86 (WTI=American crude price)
European oil is $92 — The Brent price
“Yep! CA is going to be back to 7+ in a couple months.”
More like days - price changes in oil (including gasoline), particularly increases, tend to respond to supply/demand very, very, fast and long before the actually affected product reaches the market.
Another Biden failure.
Or hovercrafts.
Related thread
CNN: Biden WH ‘Panicking’ and Making ‘Furious, Last-Ditch’ Effort to Convince OPEC Not to Cut Production
https://freerepublic.com/focus/f-news/4098290/posts
Even the mozzies don’t want President Ding Dong in office.
The Russians, desperate for hard currency, will pump all the oil it can and sell it for highly discounted prices. This will mitigate the price rises of crude from these “cutbacks”. Also India will continue to buy the discounted Russian oil. refine it into gasoline, jet fuel and diesel and then sell it to hypocritical Europeans at premium prices.
I don’t think you are reading that quite right.
I’m thinking that OPEC is SENDING A MESSAGE to the West about their insane idea of trying to cap the price paid for Russian oil.
The West was really hoping that the price of oil would continue to drop, as their ‘cap’ would have little or no meaning if oil was low enough...but they could still take credit for ‘punishing Putin’. Now the West is cornered...either back off from the caps, or watch the price go through the roof for non-Russian oil.
Nitwit Dems have been ragging MBS for years over that journalist who got chopped up. No wonder MBS is giving senile Joe the middle finger.
Part of the reason Putin invaded Ukraine, was Dems going on about RUSSIA and Trump collusion for years
Oh, the train 🚂🚃🚃🚃 station is thataway
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.