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

[baddog]

24 minutes ago, Reagan said:

Nah!  Baddog and I have a TDS filter!  😏

Who took that as serious then passed it off on us? That sounds like a democrat. I’ll let anyone know what I take seriously. 

[baddog]

I’ve noticed gas prices have dropped lately 10-20 cents. 

[Porter]

3 hours ago, baddog said:

I’ve noticed gas prices have dropped lately 10-20 cents. 

Did you notice the 4.2 percent inflation numbers that came out today from the Bureau of Labor Statistics for the month of May after 3.8 percent in April, 4.2 percent is the highest increase since April of 2023. 

I noticed Reagan failed to mention it, I am sure it just slipped his mind. 
 

The Golden Era is Here!

 

[Reagan]

I say excellent!  

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[Porter]

2 hours ago, Reagan said:

I say excellent!  

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Today, President Trump announced that the U.S. Navy has secretly escorted 200 oil tankers out of the SOH. While this is positive news and may have helped temper rising oil prices somewhat, the impact is not substantial enough to prevent a major energy crisis. These 200 tankers transiting the SOH over the past 100 days represent only about 2% of the normal volume—roughly 10,000 ships every 100 days—prior to the war. Furthermore, the U.S. has to deploy major naval and air assets to keep the SOH open. This is not sustainable and works to Iran’s advantage in the long run: Iran can disrupt commerce through the strait with relatively little effort, while the U.S. must risk two carrier battle groups simply to move 2% of the normal amount of oil and gas. 
 

- Joe Kent 

[DCT]

On 5/31/2026 at 2:38 PM, Reagan said:

Thanks for realizing it!  👍

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You must be overjoyed with all this winning!  America is benefitting how again?

From the article:

“Each additional month of conflict adds roughly 350 million barrels to cumulative losses, with a growing share that will never come back.”

[Slim Charles]

13 hours ago, Porter said:

Did you notice the 4.2 percent inflation numbers that came out today from the Bureau of Labor Statistics for the month of May after 3.8 percent in April, 4.2 percent is the highest increase since April of 2023. 

I noticed Reagan failed to mention it, I am sure it just slipped his mind. 
 

The Golden Era is Here!

 

Don't worry, the inflation is TRANSITORY lol. Isn't that what the left shouted for 4 years? Surely, we can call it that for a few months.

[Boyz N Da Hood]

But but but... 

[Porter]

3 hours ago, Slim Charles said:

Don't worry, the inflation is TRANSITORY lol. Isn't that what the left shouted for 4 years? Surely, we can call it that for a few months.

I am not a left leaning person so your post is Greek to me.

Crickets from Reagan about the inflation numbers. Lol

[baddog]

$3.41 @ Sam’s Wholesale. 

[baddog]

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[OlDawg]

9 minutes ago, baddog said:

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Yeah...

I don't see much of the summary happening--especially not the withdrawal of troops from the region. Nuclear ambitions weren't even mentioned. Someone's still not on the same page, the propaganda machine is still working overtime, or both.

[OlDawg]

15 hours ago, baddog said:

$3.41 @ Sam’s Wholesale. 

The Strategic Oil Reserve is now down to 243 MM barrels. This is the lowest level since 1982. The SPR is supposed to be an insurance policy, It's not meant to be used for price controls, or election politics.

For context, the U.S. consumes about 20MM barrels/day. Basically, our 30 day insurance policy is now down to 10.

Refilling SPR to capacity at the highest fill rate of 785,000 BBLs/day means it would take until at least 2031 to refill if it were being filled at maximum rates--which is next to impossible given the age and condition of the infrastructure.

[baddog]

9 minutes ago, OlDawg said:

The Strategic Oil Reserve is now down to 243 MM barrels. This is the lowest level since 1982. The SPR is supposed to be an insurance policy, It's not meant to be used for price controls, or election politics.

For context, the U.S. consumes about 20MM barrels/day. Basically, our 30 day insurance policy is now down to 10.

Refilling SPR to capacity at the highest fill rate of 785,000 BBLs/day means it would take until at least 2031 to refill if it were being filled at maximum rates--which is next to impossible given the age and condition of the infrastructure.

Sorry. I just thought everyone was worried about filling up their own vehicles. I’ll stop giving updates.

[OlDawg]

51 minutes ago, baddog said:

Sorry. I just thought everyone was worried about filling up their own vehicles. I’ll stop giving updates.

Why? Updates are good. I saw many stations around here at $3.29 yesterday. I'm just pointing out the bigger picture. We'll pay the price down the road. SPR will have to be refilled with our tax dollars at some point.

With payment on our debt now at over $130 Billion/mo. as of May--up from $80 Billion--I'm not sure where all this money is going to come from...

No way I see the Fed raising interest rates with that debt payment, which means sticky inflation for a while. We may well be in an era of 4% inflation being 'normal.' Hope not. But, we may be there.

Beginning to wonder if it might be a good time to look at I Bonds again. They're already at a decent 4.26% until October. Safe money for 6 months.

[Reagan]

The Inflation Story the Media Will Miss: Energy Drove 60 Percent of May's Increase!

From the article:  

"Outside of energy, the report told a different story. Core prices, which strip out food and energy, rose 0.2 percent in May and 2.9 percent from a year ago, coming in below the 0.3 percent monthly forecast. Core commodities prices declined 0.1 percent during the month. Chris Rupkey, chief economist at Fwdbonds, agreed:

"The inflation risks for core consumer goods are in retreat for now."

Food prices rose 0.2 percent in May and were up 3.1 percent year-over-year, with groceries up 0.1 percent and restaurant prices up 0.3 percent."

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[baddog]

1 hour ago, OlDawg said:

Why? Updates are good. I saw many stations around here at $3.29 yesterday.

Thought it would be some good news for a change. Everybody can see the prices in their own area and have access to gas buddy. It’s really a waste of my time to post my area’s price.

[DCT]

3 hours ago, OlDawg said:

The Strategic Oil Reserve is now down to 243 MM barrels. This is the lowest level since 1982. The SPR is supposed to be an insurance policy, It's not meant to be used for price controls, or election politics.

For context, the U.S. consumes about 20MM barrels/day. Basically, our 30 day insurance policy is now down to 10.

Refilling SPR to capacity at the highest fill rate of 785,000 BBLs/day means it would take until at least 2031 to refill if it were being filled at maximum rates--which is next to impossible given the age and condition of the infrastructure.

Do you believe people in his administration is keeping the truth from Trump?

[OlDawg]

32 minutes ago, DCT said:

Do you believe people in his administration is keeping the truth from Trump?

Personal belief is that—similar to ALL Administrations—POTUS receives briefing highlights, and no single person can have knowledge of everything.

I would bet he’s aware of the general status. But, I doubt he’s aware of what it will take to replenish, and the details.

[DCT]

2 hours ago, OlDawg said:

Personal belief is that—similar to ALL Administrations—POTUS receives briefing highlights, and no single person can have knowledge of everything.

I would bet he’s aware of the general status. But, I doubt he’s aware of what it will take to replenish, and the details.

Thank you.

[OlDawg]

4 hours ago, Reagan said:

The Inflation Story the Media Will Miss: Energy Drove 60 Percent of May's Increase!

From the article:  

"Outside of energy, the report told a different story. Core prices, which strip out food and energy, rose 0.2 percent in May and 2.9 percent from a year ago, coming in below the 0.3 percent monthly forecast. Core commodities prices declined 0.1 percent during the month. Chris Rupkey, chief economist at Fwdbonds, agreed:

"The inflation risks for core consumer goods are in retreat for now."

Food prices rose 0.2 percent in May and were up 3.1 percent year-over-year, with groceries up 0.1 percent and restaurant prices up 0.3 percent."

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Sure am glad Core measurement strips out food prices because El Nino years are heck on food price inflation, and this is expected to be one of the worst El Nino years on record. The energy situation won't be sorted out for at least 6 months to a year, and food prices may be in jeopardy as well. The Fed isn't going to cut rates which means the economy won't get a boost (except maybe from AI), and the Fed may want a higher inflation level anyway as it helps with the debt. This is more than likely what Trump was referring to with his comment about inflation that people didn't think through what he was meaning, and he didn't explain.

I think I'll stick to my personal thoughts on possible sticky inflation instead of listening to a political hack for my financial advice.

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