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

[baddog]

WWII got us out of the Great Depression. Go figure. People didn’t have food on the table, yet they contributed everything they could to help with the war effort. The times, they are a changing. 

[OlDawg]

44 minutes ago, baddog said:

WWII got us out of the Great Depression. Go figure. People didn’t have food on the table, yet they contributed everything they could to help with the war effort. The times, they are a changing. 

Even if not a soccer fan, the U.S. play on Friday was uplifting. Reading comments from foreign tourists about America is definitely a ‘feel-good’ mentality.

The most poignant news take I read from a World Cup fan/tourist was something close to “If you follow the news, you hate America. If you travel around America, you love Americans.”

The MOU with Iran is a positive, even though the deal isn’t finalized, and verification is paramount. The final deal may be tougher than the conflict itself. We’ll see.

But, I sense a more upbeat feeling this morning. I ran to the store real quick for some milk before all the rain really hit hard. People seemed a lot more positive, and were smiling and talkative.

[baddog]

4 minutes ago, OlDawg said:

Even if not a soccer fan, the U.S. play on Friday was uplifting. Reading comments from foreign tourists about America is definitely a ‘feel-good’ mentality.

The most poignant news take I read from a World Cup fan/tourist was something close to “If you follow the news, you hate America. If you travel around America, you love Americans.”

The MOU with Iran is a positive, even though the deal isn’t finalized, and verification is paramount. The final deal may be tougher than the conflict itself. We’ll see.

But, I sense a more upbeat feeling this morning. I ran to the store real quick for some milk before all the rain really hit hard. People seemed a lot more positive, and were smiling and talkative.

Lots of stories out there. One about a German soccer fan experiencing the south. He loved Waffle House and couldn’t believe it for a breakfast diner. Hope he gets some gumbo and brisket along the way. lol. Lots of others good food for sure.

[DCT]

2 hours ago, OlDawg said:

I don't like using absolutes because they're typically wrong. But, I don't see oil going back down to pre-conflict levels again in the near--or ever--future. The climate change disaster hoax has been proven to be just that, by the UN Climate Committee of all groups, and the critical nature of oil has been shown to the entire world.

Futures are showing a range in the high 70's long-term, and no lower. Every $10/bbl basically means $.25/gal for gasoline at the pump. Going by this, you can expect a settled gasoline range in the $3.20-$3.50 range in most States for the foreseeable future--AFTER a few months--as the currently loaded supplies reach the world's refineries.

At this same time, countries will still be bidding against each other to refill their strategic reserves. So, the price won't drop like a rock. But, we should see less than $4.00 for the most part everywhere. A definite improvement.

How will this impact voters at the polls is the million dollar.

[baddog]

48 minutes ago, DCT said:

How will this impact voters at the polls is the million dollar.

Well, with all the crying about mid terms and fuel costs being at the top of the list, when the costs come down, do you really expect the complainers to vote differently? They will simply move the goal post. Without conviction, one can easily be manipulated.

[mat]

1 hour ago, baddog said:

Well, with all the crying about mid terms and fuel costs being at the top of the list, when the costs come down, do you really expect the complainers to vote differently? They will simply move the goal post. Without conviction, one can easily be manipulated.

Fuel cost may go down but expect the overall cost of living to go down for any impact.

[mat]

I don’t do ticktock but my wife has shared many stories of how impressed soccer foreigners are to visit our country, except for the heat. Helps make us realize how good we have it.

[baddog]

17 minutes ago, mat said:

Fuel cost may go down but expect the overall cost of living to go down for any impact.

As the fuel costs fall, it has to be a concerted effort to get all other prices to decrease. Too many businesses will keep prices high to profit from lower delivery costs…..and it has nothing to do with believing in free market. Price gouging is real.