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Tigeraholic1

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Posts posted by Tigeraholic1

  1. 2 minutes ago, Screwball said:

    What we don't produce ourself we import. From 2023, but probably not much different today;

    crudesource.JPG.db3acaa06bd057dac15171fd78423fac.JPG

    When oil prices didn't go nuts today I thought about the above. The straight doesn't mean much to us. But at the same time, Brent crude, which will have a bigger impact on that part of the world, didn't go nuts either.

    Most of Iran's oil goes to China, which is probably why the straight is still open (there are reports this isn't true as well). You need money to fight a war, and oil is money.

    You can't print it either. :-)

    Having redirected Venezuelan oil is a game changer in that respect. Trump admin knew this needed to happen before attacking Iran.

     

  2. 54 minutes ago, Screwball said:

    This is kind of funny. Usually when the market makes a big move you will have many opinions on why. In this case, we have many opinions on why not? This was just a normal day for the most part.

    I have followed, and traded, the oil markets since the early 2000s (disclosure: I'm long crude). I expected a much bigger response to what is going on in one of the most important choke points on the globe. From my travels today I can say I am not alone. Even pump prices didn't change around here.

    Doesn't make a lick of sense given history.

    The U.S. is the largest oils producer in the world. I bet Chinese gas prices are seeing a spike.

  3. 17 minutes ago, mtutiger said:

    How many American lives is this worth for you?

    Why would you care? There are no leftist in the military. I have four active duty military in my immediate family. I ran a tour through Afghanistan and one through Iraq. We know what it takes. Spare me your keyboard soul searching. 

    • Haha 1
  4. 1 hour ago, gehringer_2 said:

    Bombing Iran would be one way to help expose jihadi's hanging out in the US......if you don't mind their victims as collateral damage.

    Don’t worry, it will fade from the headlines by tomorrow. No protest, no marches. These kind of events don’t meet the narrative sniff test. 

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