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Oil $36,000: U.S. slaps new sanctions on Iran
- Thread starter Daal
- Start date
ok so thats why oil has gone up so much
all the bigwigs knew this was coming
buy the rumor sell the news
Haha Motherfuckers, I'm back! Oil @ $91 is unhealthy for everyone except OPEC and my futures.
Crude's price is just a combination of an inelastic commodity, limited supply, and the true inflation rate. It's a perfect storm. Even speculation is causing the price to rise due to its inelasticity of demand. That's ultra rare and maybe even unprecedented?
It's going to be very interesting to see where oil goes over the next couple of years.
Crude's price is just a combination of an inelastic commodity, limited supply, and the true inflation rate. It's a perfect storm. Even speculation is causing the price to rise due to its inelasticity of demand. That's ultra rare and maybe even unprecedented?
It's going to be very interesting to see where oil goes over the next couple of years.
Quote from The Kin2:
Haha Motherfuckers, I'm back! Oil @ $91 is unhealthy for everyone except OPEC and my futures.
Crude's price is just a combination of an inelastic commodity, limited supply, and the true inflation rate. It's a perfect storm. Even speculation is causing the price to rise due to its inelasticity of demand. That's ultra rare and maybe even unprecedented?
It's going to be very interesting to see where oil goes over the next couple of years.
Hopefully $150.00 per barrel if we count our blessings.