Yep. In fact WTI, fell a couple or three dollars yesterday and is down $3.70/BBL so far today.Non-E user myself. But that aside, the price increase is not supported by any change in real supply and will have to recede fairly quickly.
Non-E user myself. But that aside, the price increase is not supported by any change in real supply and will have to recede fairly quickly.
Sorry moron. The US gets less than 7% of our oil from any source passing through the strait and being the largest supplier in the world, can easily make up that tiny amount. That aside, to truly punctuate your moron status, the strait remains open.Wrong as usual.
The straight of Hormuz is now closed because of Dumb Donny.
20% of the world crude travels through there. Add the cost of moving it around now and you have higher prices.
how are you so stupid?Wrong as usual.
The straight of Hormuz is now closed because of Dumb Donny.
20% of the world crude travels through there. Add the cost of moving it around now and you have higher prices.
as it's been said time & time & TIME again by almost every member on this forum (with a few exceptions, of course)...Wrong as usual.
The straight of Hormuz is now closed because of Dumb Donny.
20% of the world crude travels through there. Add the cost of moving it around now and you have higher prices.
how are you so stupid?
Exactly it’s still open. It’s gonna remain open.Sorry moron. The US gets less than 7% of our oil from any source passing through the strait and being the largest supplier in the world, can easily make up that tiny amount. That aside, to truly punctuate your moron status, the strait remains open.
P.S.: learn to spell.
Wow, that was fast only three posts later… And you already changed it from “it’s closed” to “if“Tehran’s lawmakers voted to cut off the Strait of Hormuz, a trade route that sees one-fifth of the world’s oil and gas pass through it. The move has rattled investors, sending oil futures soaring by around 10 per cent since the US launched strikes on Iran.
Iran could deny access to the giant tankers that ferry oil and gas to China, Europe and other major energy-consuming regions, according to Bloomberg.
If this happened, oil prices would surge and potentially destabilise the global economy, according to the publication.
The European Union’s top diplomat, Kaja Kallas, warned on Monday that an Iranian closure of the Strait would be dangerous and "not good for anybody".
what was the straw mans problem in the Wizzerd of Oz??? IF I had a brain???
Saint Mary? Are you a straw person?
what was the straw man's problem in the Wizard of Oz??? IF I had a brain???
He sure had no problems when he ate his ice cream fast.
Why yes I am. You’ve embarrassed me now and the community knows it! Dang you!!Are you a sycophant?
Better let the oil traders know about those soaring prices since WTI futures are still down from when I posted a couple hours ago.Tehran’s lawmakers voted to cut off the Strait of Hormuz, a trade route that sees one-fifth of the world’s oil and gas pass through it. The move has rattled investors, sending oil futures soaring by around 10 per cent since the US launched strikes on Iran.
Iran could deny access to the giant tankers that ferry oil and gas to China, Europe and other major energy-consuming regions, according to Bloomberg.
If this happened, oil prices would surge and potentially destabilise the global economy, according to the publication.
The European Union’s top diplomat, Kaja Kallas, warned on Monday that an Iranian closure of the Strait would be dangerous and "not good for anybody".
Amazing. You openly display that you really are a total moron.Iran could deny access to the giant tankers that ferry oil and gas to China, Europe and other major energy-consuming regions, according to Bloomberg.
If this happened, oil prices would surge and potentially destabilise the global economy, according to the publication.
The European Union’s top diplomat, Kaja Kallas, warned on Monday that an Iranian closure of the Strait would be dangerous and "not good for anybody".
IF..and that's a big "if"..Iran tried to close the strait, it would take the US Navy, as currently there assembled, about 2 days, tops, to totally annihilate the Iranian "navy" and the shoreside missile batteries. Frankly, that is exactly why I seriously hope that the Iranians DO attempt to close the strait.Exactly it’s still open. It’s gonna remain open.
Another example of how Democrats dwell inside their moronic minds instead of reality.
It's definitely not acting stupid. As the saying goes. It is what it is.how are you so stupid?