www.msn.com/en-us/money/...
stonks. putures. market, smarket.
Meme oil
Veteran oil market trader accusing Trump of selling off US government held oil future contracts to artificially keep oil prices down.
Also, I'm totes jealous gasoline has all this cool cloak & dagger stuff going on as mentioned in that post, but solar doesn't. Solar needs some fun cloak & dagger aesthetic too, c'mon.
Apparently the handful of oil tankers that've gone through the strait in the past couple of days, which Pete referenced this morning, were Iranian oil tankers with their transponders turned off? How does the insurance company know this and Pete doesn't?
#MemeOil
www.lloydslist.com/LL1156581/Ir...
As an avowed orientationalist I must point out it can only be a hotdog if it has been turned 90° and the top when the condiments are placed, is now its side.
ARAMCO 20% reduction in output this morning and oil prices went *down*
www.reuters.com/business/ene...
Meme oil
Like partisan economic data heavily manipulated to obscure facts, and Tesla, AMC meme stonks that have nothing to do with any actual value, meme oil prices are future speculation without any basis in reality.
www.telegraph.co.uk/business/202...
Saudi Arabia cuts oil output 20% to 8 million bpd amid Iran war, sources say reut.rs/4rt5UcM
Go outside and look up at the blindingly bright orb in the sky, Stuart. Energy is flowing freely, like more than we can ever use, for free, as in $0.00 free.
Oil War I 1990 - 1992
en.wikipedia.org/wiki/Gulf_War
Oil War II 2003 - 2011
en.wikipedia.org/wiki/Iraq_War
Oil War III 2026 - ???
en.wikipedia.org/wiki/2026_Ir...
Oil War IV 2026 - ???
Meanwhile as Oil War III rages across the middle east, Oil War IV has started.
kyivindependent.com/orban-orders...
Pete's staff claim to be protecting his image ("unflattering photo") but then let him say stuff like this exposing his lack of literacy (unwittingly use doublethink language from '1984') because staff are also illiterate.
this means it is not open for transit
Good explainer on how sea mines and mine clearing/sweeping operations work👇
www.nytimes.com/interactive/...
This little MW oil price chart is really good. It pushes updates 24/7 and does not start and stop on Wall St.'s schedule. Bookmarked.
www.marketwatch.com/investing/fu...
US shipping waiver and release of stockpiles will not ease pain at the pumps, analysts say reut.rs/4b7hHIL
If one choke point/kill box is good, two are better!
VW recently announced the all-electric Golf Redline performance variant and it would be the perfect spiritual successor to the 924 as a platform to build upon.
m.youtube.com/watch?v=6qLw...
356 Speedster, 912, 914, 924 S, and 944 were all developed as *lower cost*, entry-level, *down* market models. All were popular in-period, all are worth small fortunes each and highly sought-after now.
Gosh, how are they're able to do this - don't they need oil to make gasoline 🤔
Oh wait...
Solutions to reopen the strait
Strategic reserve release ❌
Go on Fox News and lie that it is open❌
Goad ship captain to sail into it❌
Jones Act ❌
Honda North America petromasculine decision maker:
"Our reliance on the strait will continue unabated!!"