Two Hundred Dollars a Barrel for Oil?

[Devils_Advocate]

Traders are hedging a bet that Oil Per Barrel next year could hit two hundred dollars a barrel…

If oil hit that price the economic disaster from this will be severe and many of us that lived during the 1970’s will be wishing for those days again!

Many of you will just focus on the fuel part which will be bad but Oil is also a byproduct for many things from paint to plastic, so a drastic increase in oil could lead shorter supplies and massive price spikes we have never seen in our lives.

So people be ready for harder times ahead and realize shit could hit the fan next year.

When Nations lack natural resources or embargoes happen War is around the corner and if Oil hit that two hundred dollar mark you can bet the World is heading into dark times with War happening.

This could be the trigger of World War III…

Bets On $200 Oil Surge As Traders Eye Extreme Volatility | OilPrice.com

Oil options traders have become more aggressive than usual, with the ratio between bullish and bearish bets on crude at the widest ever recorded

oilprice.com

 

[pknopp]

People placing bets on something they will never actually purchase.

 

[DudleySmith]

Big Oil is currently making record profits and its shareholders are demanding big dividend payouts from all the cash rolling in for doing nothing, which in turn reduces re-investment in drilling, which in turn makes the companies that manufacture tooling and pipe and machinery for drilling to stop production or drastically reduce output, which in turn makes it a lot harder for the independents to drill, and they're maxed out for lack of equipment, so there is no real competition, and since record profits are rolling in, it won't change for the near future. People who fall for the laissez faire BS and 'free markets' rubbish are always doomed to be disappointed.

This is old news that has been openly spoken about by big oil execs for well over a year now, on the front pages of the WSJ and other bookie tout sheets; it's only 'news' to people who don't read business news at all but still insist on parroting silly GOP spin and really beleive Biden or any other President can order giant oil corporations around n stuff.

 

[Devils_Advocate]

Big Oil is currently making record profits and its shareholders are demanding big payout from all the cash rolling, which in turn reduces re-investment in drilling, which in turn makes the companies that manufacture tooling and pipe and machinery for drilling to stop production or drastically reduce output, which in turn makes it a lot harder for the independents to drill, and they're maxed out for lack of equipment, so there is no real competition, and since record profits are rolling in, it won't change for the near future. People who fall for the laissez faire BS and 'free markets' rubbish are always doomed to be disappointed.

It is your country China along with their buddies in Saudi Arabia that are causing the issue but keep on lying to yourself it is Corporations only that caused this.

Let remember also Joe Biden is anti-Oil and yet what he never explained to simple minded blowhards like you is that Oil will still be produced because you can’t deliver stuff with electric cars and electric semi-trucks are decades away.

Also seeing diesel is used daily in everything that produces stuff from tractors to trains will tell you that Biden comments about being off the oil is a dream that will never come true.

War and strife is coming to our border and Oil will be the cause of it but keep on blaming corporations when it is our leaders that lead us this way!

 

[DudleySmith]

It is your country China along with their buddies in Saudi Arabia that are causing the issue but keep on lying to yourself it is Corporations only that caused this.

Let remember also Joe Biden is anti-Oil and yet what he never explained to simple minded blowhards like you is that Oil will still be produced because you can’t deliver stuff with electric cars and electric semi-trucks are decades away.

Also seeing diesel is used daily in everything that produces stuff from tractors to trains will tell you that Biden comments about being off the oil is a dream that will never come true.

War and strife is coming to our border and Oil will be the cause of it but keep on blaming corporations when it is our leaders that lead us this way!

lol you're a moron who can't read, so nothing new there either. You know less that nothing about how the oil industry works.

 

[pknopp]

It is your country China along with their buddies in Saudi Arabia that are causing the issue but keep on lying to yourself it is Corporations only that caused this.

China and Saudi Arabia isn't who is betting on $200 oil.

Let remember also Joe Biden is anti-Oil and yet what he never explained to simple minded blowhards like you is that Oil will still be produced because you can’t deliver stuff with electric cars and electric semi-trucks are decades away.

Also seeing diesel is used daily in everything that produces stuff from tractors to trains will tell you that Biden comments about being off the oil is a dream that will never come true.

War and strife is coming to our border and Oil will be the cause of it but keep on blaming corporations when it is our leaders that lead us this way!

Corporations are who profit over war. The people do not.

 

[Moonglow]

Traders are hedging a bet that Oil Per Barrel next year could hit two hundred dollars a barrel…

If oil hit that price the economic disaster from this will be severe and many of us that lived during the 1970’s will be wishing for those days again!

Many of you will just focus on the fuel part which will be bad but Oil is also a byproduct for many things from paint to plastic, so a drastic increase in oil could lead shorter supplies and massive price spikes we have never seen in our lives.

So people be ready for harder times ahead and realize shit could hit the fan next year.

When Nations lack natural resources or embargoes happen War is around the corner and if Oil hit that two hundred dollar mark you can bet the World is heading into dark times with War happening.

This could be the trigger of World War III…

Bets On $200 Oil Surge As Traders Eye Extreme Volatility | OilPrice.com

Oil options traders have become more aggressive than usual, with the ratio between bullish and bearish bets on crude at the widest ever recorded

oilprice.com

I've seen price spikes in my life.

 

[surada]

Traders are hedging a bet that Oil Per Barrel next year could hit two hundred dollars a barrel…

If oil hit that price the economic disaster from this will be severe and many of us that lived during the 1970’s will be wishing for those days again!

Many of you will just focus on the fuel part which will be bad but Oil is also a byproduct for many things from paint to plastic, so a drastic increase in oil could lead shorter supplies and massive price spikes we have never seen in our lives.

So people be ready for harder times ahead and realize shit could hit the fan next year.

When Nations lack natural resources or embargoes happen War is around the corner and if Oil hit that two hundred dollar mark you can bet the World is heading into dark times with War happening.

This could be the trigger of World War III…

Bets On $200 Oil Surge As Traders Eye Extreme Volatility | OilPrice.com

Oil options traders have become more aggressive than usual, with the ratio between bullish and bearish bets on crude at the widest ever recorded

oilprice.com

Do you remember Matthew Simmons? He was the energy broker who reinvented Peak Oil. It was BS, but he made a lot of money. Be careful.

 

[citygator]

Traders are hedging a bet that Oil Per Barrel next year could hit two hundred dollars a barrel…

If oil hit that price the economic disaster from this will be severe and many of us that lived during the 1970’s will be wishing for those days again!

Many of you will just focus on the fuel part which will be bad but Oil is also a byproduct for many things from paint to plastic, so a drastic increase in oil could lead shorter supplies and massive price spikes we have never seen in our lives.

So people be ready for harder times ahead and realize shit could hit the fan next year.

When Nations lack natural resources or embargoes happen War is around the corner and if Oil hit that two hundred dollar mark you can bet the World is heading into dark times with War happening.

This could be the trigger of World War III…

Bets On $200 Oil Surge As Traders Eye Extreme Volatility | OilPrice.com

Oil options traders have become more aggressive than usual, with the ratio between bullish and bearish bets on crude at the widest ever recorded

oilprice.com

Well. That’s awkward.