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Crude Oil on the Run Again. $100 in Sight!
- Thread starter RedSun
- Start date
But wait. Ukraine is not even a NATO member. How will US and NATO get involved? It will have to go through UN.
The US and European Union thru NATO are already involved. They sent Tow Anti-Tank missiles, large amounts of ammo, etc. US probably, will put US troops in Poland and other neighboring countries of Ukraine. Some countries even sent fighter jets to neighboring NATO countries. US war mongers hard at work to ensure there is a war. Poland and other neighboring NATO countries would do well to avoid engaging Russian troops in the event of conflict. Otherwise, they risk Russia attacking their country and destroying it. US will not be able to protect Poland or any other NATO country that gets involved in Ukraine. Russia has already positioned S-400 anti aircraft missiles in addition to moving Russian warships and fighter jets closer to Ukraine.
""It is our true policy to steer clear of permanent alliance with any portion of the foreign world" - George Washington in his Farewell AddressBut wait. Ukraine is not even a NATO member. How will US and NATO get involved? It will have to go through UN.
Stay out of their business and ignore the UN/NATO. We've been funding a big portion of both for decades and they cause a lot more harm than good, especially the UN.
Imagine manipulating and threatening freely elected governments in Russia, Iraq, Venezuela, Iran and wondering why oil soars ever higher. Yes...putting deep sanctions on Russia will solve our high oil prices..lol..wtf
Even better, we should permanently dis-allow the Canadian Keystone XL pipeline from ever being completed. I really wonder how we haven't invaded Canada for its oil yet?
https://www.cbc.ca/news/canada/calgary/canadian-oil-price-discounts-impact-1.4901147
Even better, we should permanently dis-allow the Canadian Keystone XL pipeline from ever being completed. I really wonder how we haven't invaded Canada for its oil yet?
https://www.cbc.ca/news/canada/calgary/canadian-oil-price-discounts-impact-1.4901147
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Hey let oil go to 100 110 115 125 130 150 200, it won't be long before that collapses as well. Remember when no one wanted oil, went negative, just remember that. Oil is being hyped up again. No reason why it's almost at 100 but all oil bulls will claim once again reasons why it should be 150 and 200. Don't believe the hype. Oil will move higher but will not hold, prices will correct extremely hard. Nothing else left to inflate during these bubblicious times so they jump to oil. Remember these prices are unsustainable.
The high energy price adds fire to the inflation. It is a vicious cycle. Fed is forced to act. But Fed has few levers to pull to tame the inflation.
Bad for stock markets.
Extremely bad for stock markets. Once markets collapse and economy goes into recession oil will follow, fed is dealing with "transitory inflation" and one contribution to that is oil and energy. Once the fed increases rates 4 times in 2022 (which is NOT happening) oil will feel the pinch and collapse just like stocks .....No need to worry. For now oil can do no wrong but it won't take much before it collapses...
Hey let oil go to 100 110 115 125 130 150 200, it won't be long before that collapses as well. Remember when no one wanted oil, went negative, just remember that. Oil is being hyped up again. No reason why it's almost at 100 but all oil bulls will claim once again reasons why it should be 150 and 200. Don't believe the hype. Oil will move higher but will not hold, prices will correct extremely hard. Nothing else left to inflate during these bubblicious times so they jump to oil. Remember these prices are unsustainable.
You're clueless you said all Energy was a "crowded trade" at much, much lower levels. There is no point to your constant whining.
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Extremely bad for stock markets. Once markets collapse and economy goes into recession oil will follow, fed is dealing with "transitory inflation" and one contribution to that is oil and energy. Once the fed increases rates 4 times in 2022 (which is NOT happening) oil will feel the pinch and collapse just like stocks .....No need to worry. For now oil can do no wrong but it won't take much before it collapses...
Why will oil feel the pinch when Fed raises the rates 4 times? Collapse to what level??
Fed raising interest rates won't affect economy much since most of the people and businesses are not even borrowing. It will only cool off stock market and housing market where people need the most capital. Businesses are not expanding since they can't find enough supplies and workers.
We'll see $100 oil price before any oil price "collapses" like you "predicated".
Why will oil feel the pinch when Fed raises the rates 4 times? Collapse to what level??
Fed raising interest rates won't affect economy much since most of the people and businesses are not even borrowing. It will only cool off stock market and housing market where people need the most capital. Businesses are not expanding since they can't find enough supplies and workers.
We'll see $100 oil price before any oil price "collapses" like you "predicated".
Oil just hit $90. This is going higher. Joe Biden can release more oil from the US strategic reserves but, that would not be much help if at all. Vladimir Putin is loving these high oil prices as well as the Saudi Arabian sheiks. US consumers be prepared to pay even more for gas. Thank Joe Biden for keeping oil prices sky high.