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

[OlDawg]

37 minutes ago, thetragichippy said:

Tax tax tax - the government way

And just like clockwork, our resident Trump disliker does not agree with lowering taxes 

At least he tries to use data most of the time. Some may be a little off, or exaggerated to try to make a negative point. But, at least he is willing to debate sometimes instead of just lobbing grenades with no substance and running like some around here.

He’s not wrong about the debt either. But—politically speaking, and cost wise—a temporary tax holiday would be the lesser of two evils, and directly benefit those paying the bills.

I told Reagan this wasn’t going to be short, and it wasn’t going to be pretty. It never is. He firmly believed POTUS would get in and get out. It never works that way. Been there. Done that.

[DCT]

9 hours ago, HangPDFs said:

TWO MORE WEEKS

TWO MORE WEEKS

Guys say it with me and manifest into existence 

TWO MORE WEEKS 

 

[mat]

Not happy about the price of gas/oil but we’re still not where we peaked in 2022. Just food for thought.

This is the hidden content, please

• Sign In
• or
• Sign Up

 

[OlDawg]

8 minutes ago, mat said:

Not happy about the price of gas/oil but we’re still not where we peaked in 2022. Just food for thought.

This is the hidden content, please

• Sign In
• or
• Sign Up

 

Good info. I still receive my projection data. Oil for the futures contract 6 months from now is set at $72/bbl. (E&C companies receive this data to help prepare estimates and project viability projections.)

Of course, that’s a lot longer out than 4-5, even 8 weeks.

[TheMissingBand]

10 hours ago, OlDawg said:

We’re not. The rest of the world is experiencing a delay of delivery.

Why are we emptying our SPR for the world’s benefit when the world doesn’t pay to refill it?

Ummm… why would they buy oil from us, but also pay us again “to refill it?”

Oil has a global market, subject to the laws of supply and demand.  When supply contracts demand is increased, driving up prices.  It’s Eco 101, my man.  Chanting “USA” doesn’t affect what other nations are willing to pay for our oil. 

[TheMissingBand]

The national debt cruised by 39 trillion last week. It hit 38 Trillion back in October. 
 

In January of 2017, Trump took office vowing to “erase the debt” with tax cuts, to the cheers of what Dr Sam Parigi called “the great unwashed.” The debt was 19.9 trillion at that moment.  
 

Do you see a problem?

 

This is the hidden content, please

• Sign In
• or
• Sign Up

[OlDawg]

3 hours ago, TheMissingBand said:

Ummm… why would they buy oil from us, but also pay us again “to refill it?”

Oil has a global market, subject to the laws of supply and demand.  When supply contracts demand is increased, driving up prices.  It’s Eco 101, my man.  Chanting “USA” doesn’t affect what other nations are willing to pay for our oil. 

I bow to your superior knowledge of the economics of the oil & gas business. You put my decades of experience in the business to shame.

[OlDawg]

Politics Have Drained the Strategic Petroleum Reserve

This is a must read. But, this analysis was performed before the current conflict in the Middle East. So, the pricing is obviously off for any taxpayer advantage at this time.

This is the hidden content, please

• Sign In
• or
• Sign Up