March 8,2026 — WTI Crude Hits $110. THANKS TRUMP

[Reagan]

3 minutes ago, DCT said:

I don't get it.  He may not even know why.  

Oh, I thought you were gonna tell me!  

[DCT]

Just now, Reagan said:

Oh, I thought you were gonna tell me!  

There is no explanation I can think of.  From my understanding Russia has been providing satellite images to Iran to assist with strikes against Isreal and the US.  How does lifting oil sanctions on Russia help the US?  

[baddog]

19 minutes ago, DCT said:

There is no explanation I can think of.  From my understanding Russia has been providing satellite images to Iran to assist with strikes against Isreal and the US.  How does lifting oil sanctions on Russia help the US?  

Google:

As of March 2026, the Trump administration has temporarily eased certain sanctions on Russian oil shipments, specifically authorizing purchases for oil already at sea until April 11th to combat high global energy prices caused by the ongoing war in Iran

. The move, described as a "narrowly tailored, short-term measure" by Treasury Secretary Scott Bessent, aims to lower oil prices but has been criticized as a potential economic boost to Russia's war efforts. 

NBC News +3

Key Details on the 2026 Policy Shift:

• Targeted Relief: The authorization specifically allows for the sale of Russian oil currently in transit, not a complete removal of all sanctions.
• Economic Context: The measure was taken amidst rising energy prices, which surged over $100 a barrel following disruptions in the Middle East.
• Controversy and Criticism: Critics and allies have argued that this action provides a financial windfall for the Kremlin's efforts in Ukraine.
• Previous Actions: In a different context in 2018, the administration also eased sanctions against companies linked to Russian oligarch Oleg Deripaska

[baddog]

Google:

Crude oil prices peaked at an all-time high of nearly 

$140−$147

 per barrel in July 2008 during the George W. Bush administration due to high demand and stagnant production. Prices later rose again during the Obama administration, driven by global recovery and speculative trading, sparking intense political debate over energy policies. 

The American Presidency Project +3

George W. Bush Era Oil Prices

• Price Spike: Oil prices rose steadily throughout Bush’s presidency, reaching record highs near 
  $147 per barrel in July 2008.
• Causes: The 2007–08 price spike was primarily driven by strong global demand, particularly from developing nations, against stagnant world production.
• End of Term: As the 2008 financial crisis worsened, oil prices collapsed, with gasoline dropping to $1.85 per gallon by the time Obama took office in January 2009. 
  The Century Foundation +3

Obama Era Oil Prices

• Rising Prices: Gas prices rose during the Obama administration, setting records for February 2012, which opponents blamed on insufficient domestic drilling policies.
• Response: In 2011, President Obama authorized the release of 30 million barrels from the Strategic Petroleum Reserve (SPR) to counter supply disruptions.
• Market Factors: Proponents argued that high prices were due to global factors beyond presidential control, while critics pointed to reduced drilling on federal lands early in his term.
• Policy Shift: While initially opposing increased conventional drilling, the Obama administration oversaw the development of new extraction techniques and later lifted the ban on crude oil exports in his second term. 
  Cato Institute +4

Key Takeaways

• Common Drivers: Both administrations faced high prices largely driven by global supply and demand imbalances, though political arguments differed on how much a president influences these prices.
• Political Debate: Bush's high prices were criticized for inaction, while Obama faced criticism that his policies were not sufficiently boosting domestic supply

[Reagan]

4 minutes ago, baddog said:

Google:

Crude oil prices peaked at an all-time high of nearly 

$140−$147

 per barrel in July 2008 during the George W. Bush administration due to high demand and stagnant production. Prices later rose again during the Obama administration, driven by global recovery and speculative trading, sparking intense political debate over energy policies. 

The American Presidency Project +3

George W. Bush Era Oil Prices

• Price Spike: Oil prices rose steadily throughout Bush’s presidency, reaching record highs near 
  $147 per barrel in July 2008.
• Causes: The 2007–08 price spike was primarily driven by strong global demand, particularly from developing nations, against stagnant world production.
• End of Term: As the 2008 financial crisis worsened, oil prices collapsed, with gasoline dropping to $1.85 per gallon by the time Obama took office in January 2009. 
  The Century Foundation +3

Obama Era Oil Prices

• Rising Prices: Gas prices rose during the Obama administration, setting records for February 2012, which opponents blamed on insufficient domestic drilling policies.
• Response: In 2011, President Obama authorized the release of 30 million barrels from the Strategic Petroleum Reserve (SPR) to counter supply disruptions.
• Market Factors: Proponents argued that high prices were due to global factors beyond presidential control, while critics pointed to reduced drilling on federal lands early in his term.
• Policy Shift: While initially opposing increased conventional drilling, the Obama administration oversaw the development of new extraction techniques and later lifted the ban on crude oil exports in his second term. 
  Cato Institute +4

Key Takeaways

• Common Drivers: Both administrations faced high prices largely driven by global supply and demand imbalances, though political arguments differed on how much a president influences these prices.
• Political Debate: Bush's high prices were criticized for inaction, while Obama faced criticism that his policies were not sufficiently boosting domestic supply

And I believe Trump had oil at $50 in January.  It’ll come back down.  As Trump said, this is a small diversion.  

[Boyz N Da Hood]

28 minutes ago, DCT said:

There is no explanation I can think of.  From my understanding Russia has been providing satellite images to Iran to assist with strikes against Isreal and the US.  How does lifting oil sanctions on Russia help the US?  

He'll get back with you when he finds a nut on X he agrees with... all a distraction from the failed administration! Midterms looking mighty good for the left. If the right loses house/senate its going to be funny watching the right cry when they caused it upon themselves! I may even unblock a few posters on here so I can watch the meltdown waaaaa

[Reagan]

17 minutes ago, Boyz N Da Hood said:

He'll get back with you when he finds a nut on X he agrees with... all a distraction from the failed administration! Midterms looking mighty good for the left. If the right loses house/senate its going to be funny watching the right cry when they caused it upon themselves! I may even unblock a few posters on here so I can watch the meltdown waaaaa

Or, or, you could give us your thoughts on it!  

[baddog]

16 minutes ago, Boyz N Da Hood said:

He'll get back with you when he finds a nut on X he agrees with... all a distraction from the failed administration! Midterms looking mighty good for the left. If the right loses house/senate its going to be funny watching the right cry when they caused it upon themselves! I may even unblock a few posters on here so I can watch the meltdown waaaaa

I screen shot one of your posts many moons ago. Every time I see you post, I just pull it up. It’s about as informative. Don’t unblock me. The mid-terms usually flip. Why would anyone cry? Lmao

[baddog]

20 minutes ago, Reagan said:

And I believe Trump had oil at $50 in January.  It’ll come back down.  As Trump said, this is a small diversion.  

People actually think Trump would start a war for a distraction. Where do we get these people?

[Porter]

2 hours ago, thetragichippy said:

Well, he can’t do it by himself…. 
how would you of done it?

Democrats didn’t have a problem cramming it down our throats when they had the Trifecta in DC!

Republicans are weak and feckless!

[Porter]

2 hours ago, thetragichippy said:

If Regan knows, so does Iran….can you get past your hate for Trump and realize if Iran knows our exit strategy that is an advantage for them? 

I don’t hate Trump , I’ve just grown weary of his bad hires, not enough firings and zero accountability from our corrupt government and his narcissistic attitude.

One thing I do know is Trump Loves Trump! 

 

[Boyz N Da Hood]

18 minutes ago, Reagan said:

Or, or, you could give us your thoughts on it!  

I'll take history as my thoughts on this situation.. we've been hearing this for many moons now.. "days away" yada yada yada

Only difference now is your hero made the move so you trust it.. keep trusting government man 👍🏾

[Porter]

2 hours ago, 1989NDN said:

 

President Trump has not ensured that Iran cannot rebuild its facilities—potentially even deeper underground. He often makes statements that sound definitive but are not supported by subsequent facts. In June 2025, following Operation Midnight Hammer, President Trump stated that B-2 stealth bombers and Tomahawk cruise missiles launched from Navy submarines had destroyed Iran’s nuclear program. Eight months later, we have Operation Epic Fury, and we are again told that Iran’s capabilities have been eliminated. All that bluster, yet current events suggest otherwise. Iran continues launching drones and missiles at Israel and at American assets in the Middle East. This raises a fundamental question: was Iran’s nucler program truly neutralized, or are we once again facing a situation where Iran is rebuilding its nuclear capabilities?  We hear on the news that Iran still has uranium and no one can find it.  Sounds like George W. Bush and Dick Cheney looking for weapons of mass destruction in Iraq.

Absent regime change in Iran, the underlying dynamics will not change. At the same time, the United States is unlikely to commit ground forces, as doing so would likely entail another prolonged conflict with years of uncertainty, solider deaths, and significant cost.  If you don't care about that, then go sign up your children and grandchildren first...right after Barron Trump grabs a gun and a uniform.  It's easy to support President Trump when its not your child or grandchild serving.  Send me photos when your child or grandchild enlists.

So, after all of President Trumps marketing bluster and salesmanship, the question remains: what has materially changed in Iran?  What has been accomplished? Iran is unlikely to capitulate simply because the United States takes a confrontational posture.  President Trump is a bully salesman.  Iran is not dropping to its knees because President Trumps says so and continues to throw a fit.

Meanwhile, the United States faces significant domestic challenges. The national debt continues to rise, the cost of groceries and fuel has increased, the American education system is in shambles, infrastructure requires substantial investment, no one can afford health insurance, and the country remains polarized along political, racial, religious, and socioeconomic lines.  Remember when Republicans cared about those things?  Me either.  Instead, let's bomb other countries, assassinate others we don't like, spend until the printing press breaks, don't worry about the sh-tshow inside our own borders, and let's tell everyone that we are producing the Epstien files, but while you're at it, fire off another bomb in Iran.  One more thing, keep all of those brown people in Mexico, Guatemala, Venezuela, or wherever the hell they're from.  Let the good looking women in, grab'em in the p--y, and Make America Great Again.

I think you about covered it all NDN but you’re not suppose to criticize the orange messiah on this forum without backlash from the orange seals. 

[baddog]

2 minutes ago, Boyz N Da Hood said:

I'll take history as my thoughts on this situation.. we've been hearing this for many moons now.. "days away" yada yada yada

Only difference now is your hero made the move so you trust it.. keep trusting government man 👍🏾

Many moons……you read my post. Lmao. 

[Porter]

2 hours ago, Reagan said:

You can’t compare Trump to Bush.  Trump doesn’t believe in forever wars.  Get it accomplished and get out.  

Get what accomplished?

[baddog]

3 minutes ago, Boyz N Da Hood said:

I'll take history as my thoughts on this situation.. we've been hearing this for many moons now.. "days away" yada yada yada

Only difference now is your hero made the move so you trust it.. keep trusting government man 👍🏾

Tell us what a mid-term flip will do? Please give some valuable insight. What policies are you hoping the dems can come up with?

[Reagan]

18 minutes ago, Porter said:

Get what accomplished?

Whatever his objectives are.  Just like what he did with Maduro, get him and get out.  Just like he did with Soleimani.  That’s his style.  Like he said with this, I’ll know when it’s done.