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Yes. WTI—which is actually light, sweet crude—will remain slightly elevated against Brent simply because of access. It can’t elevate in price too much because it’s almost a byproduct for the U.S. We have more than enough light, sweet crude and our refineries are mainly set up to process heavy, sour. What many don’t understand is that it’s actually more expensive to refine the heavy, sour that we import. But, because of environmental policies through the recent decades, we don’t use as much oil as many think. Also, heavy, sour can be refined into multiple more products like asphalt, pharmas, and other petrochemical products whereas light, sweet is primarily only for gasoline, kerosene, jet fuel. It actually becomes more cost efficient to import heavy, sour and export the sweet. Plus, it’s a way of using our oil exports as diplomacy, and steadying the global market. WTI never really gets that much separation from Brent simply because global buyers know the U.S. has to pretty much just unload a lot of it because we can’t use it all. Hopefully, my comments are helping make more sense to some out of a hard to understand commodity market. If nothing else, y’all are learning more about the overall business. There’s a lot more to it than most know. They just see gas prices and hear the price of oil. They’re not getting a bigger overview.

I’m just curious, do you want Trump and our military to be successful in safely opening the strait?

Is crude will increase demand, but only temporary. Once the military operation reopens the strait and traffic starts flowing, the oil prices will drop. The spike is really not supply but fear. Once the strait is open, the fear will be gone.

This game won’t finish

Lost the 1st two games to the dodgers 8-7 and 6-3. Managed to win Sundays game 5-2. Four game series starting Monday with the A's. Season record: 8-7

Just curious… what do you expect this to do to the price of WTI?

Oh well 7 in a row🥵

This had nothing to do with Trump lol 16 year fatigue - economy in their country. I was actually a little shocked this was you. It sounded more like CardinalBacker.

Well he was in power for 16 years so there’s that. Lol Maybe Trump will get 8 more years after his 2nd term to make it 16 years as President. 😁

Yeah, you’re probably hoping they fall under communist rule again.

Victor Orban, Trump’s buddy, got the Trump Bump yesterday. Trump’s endorsement bumped him straight out of power. Poor Donald John is withering just like the Wicked Witch of the West.

Bolton line drive hit to leg. Another pitcher hurt.

Finally looked like a team today. If they continue to play like today they have a good chance. If they play like they did yesterday they have no chance

R.I.P.

Phil Garner great player, coach, family man, and true gentleman dies of panreatic cancer at 76 years young.

He needs to stop experimenting with Abreu for a while.

Sound like America first to me! 😎

You can’t claim decimation until decimation occurs.

LU with a 10 run rule in 7. 11-1 victory. SFA falls and SELA wins. Thus, Lamar sits in 3rd tied with SFA (holds tiebreaker) and 1 game back of SELA. HCU has a big lead on Northwestern State ans if it hold they will have taken 2 of 3 from the Demons. This will bring them back to the pack a bit. Huge weekend coming up as the Birds host the Demons, SELA heads to UTRGV, and SFA will be hosting Nicholls. Can Lamar pull a top 2 seed or do we hope for a good destination for the first round of the conference tournament? Time will tell, sun will rise tomorrow, and my Uncle Spidey will have a complaint.

All the while, 90 super tankers are headed to America to fill up😎

Sorry to bust your bubble. Trump has so far accomplished just about everything he’s wanted!

Difference being is if we close it while mine sweeping is done NOBODY goes through which means economical disaster for them, no way for them to survive without selling and moving their oil. Oil is their life line.

Lol, he’s closing it? It what world do you get information? He’s taking it away from Iran…..

His dad is my source. Again, I will let them make it official as to where he is going.