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I wish I bought more XLE
what happens if low supply meets low demand do to wage stagnation and devaluation?
OH MY FUCKING GOD
I am gathering every jerry can i own immediately, fucking jesus i need some storage tanks pronto wtf!!!!! It's going to go over $3 a litre!!!!
Not sure what I’m looking at
I don't know how low demand can really go.
In Australia people will go without food before fuel because they need to drive to work to earn money.
You know fuel doesn't keep long right?
Its been $2.05 here since Thursday and it hasn't even begun.
Your fuel prices will double.
God damn i need to go now, it's still 1.79 here
We're gonna be so fucking rich.
High prices are the cure for high prices. Americans are using credit cards to get through the inflation. If you want to make a killing short the low end credit card companies (Capital One)
“During the last three months of 2021, credit card balances increased by $52 billion to $860 billion—the largest quarterly increase in the 22-year history of the data, according to the Federal Reserve Bank of New York's quarterly report on household debt and credit“
>AAAAAAAAAAAAAAAAAAA
Thank god i bought 4k litres of diesel at very, VERY low price during corona kek
Oil will get to 200 a barrel. The global economy starts to run smooth needs it to be between 80-100 it can handle 120 for a few weeks but beyond that it's uncharted waters. Be afraid nigger faggots, be very afraid. This next winter will be very bad.
t. HSBC analist
I noticed that suddenly the west is getting cozy with Iran and Venezuela.
>leaves 181 billion dollars of gear in afghanistan
>rEfResHiNg Rite aT lEAsT nO gOLf?
Niggerfag
Lmao. Lol. Lmao.
It’s here.
Fuuuuuuuck
The US is already trying to buy oil from Iran after the Saudis backtabbed them and refused to raise production. You guys will go jewmaxx on them and charge a gigantic premium. The pallies will get some nice guns when this is over Hezbollah will have all the money they need. Congrats user.
The collapse of society. Not the beginning, but the first major fissure people will really feel.
Hello old friend. How are you these days my friend? It's great to see you
Say...you wouldn't want to sell some extra oil you have laying around, would you?
We owe it all to based Putin. China's rise to the top was just accelerated by 20 years.
money is worthless and will be taken away eventually by western forces when they decide to bother with you again... unless you build nukes. See: Russia. There is 0 chance for regime-change there even after the spergout from literally all western countries.
Iran having nukes would only benefit the world. Prove me wrong.
They’re all in this together and it was planned and I couldn’t be happier. Fuck ZOG. Glory to any and all that kill it.
China dictates how much oil they will sell. Right now, the US is buying Russian oil through Chinese banks at a 20% premium and already started tapping at their strategic reserves to cushion the rise of the price at the pump. That's how desperate they are. Norwegians will anally rape you guys too their oil and gas is very expensive. EU is trying to work a deal with Qtar to buy gas but it will come by sea and 2000 euros per m3 will seem like a joke.
He's at his personal home every week, that costs
That's it, I'm FOMO'ing
It gets better, our auto loan market is set up to implode like house did in 08
The prices would adjust accordingly, but low demand will never happen.
Yup.Putin planned this with China. But a large part of this is because of the US of A who forced a war between Ukraine and Russia to hide the fact they were weeks away from a dollar collapse. Here is another fun fact for you. Most of Russian assets are frozen, they wont be able to pay their debts to European banks and these banks will need a bailout very soon. Europe will have very bad inflation because of it. Buy crypto, gold and fertile land.
damn, what shitcoin scam is this?
> they need to drive to work to earn money.
Sometimes I love being an uber driver, gas prices don't affect me, I write off gas on my taxes.
same
Great job everyone. This is the price of Ukrainian freedom. We all bear this burden.
>buying the top
Initial stages of "zhe greit rezet"
As we crawl out of this, you'll be happy to not own anything, not even your own body and don't even think about protesting or wanting your freedoms back.. they're gone!
All replaced by a social credit system that tells if you're a good cattle that can take a loan to eat or if you're bad cattle and needs a visit from the gestapo.
>youtube.com
>youtube.com
Welcome to the new version of the "vaccine passes" they were just step one, the next step is to hook you up to a online social ID system and your old currency is just monopoly money at that stage in favor of the new "global economical system".
I hope you'll enjoy your stay..
Yeah but you have to drive niggers around. Not fun.
>credit cards being used more than ever
>short the companies
retard.
>obvious ascenidng megaphone
>most obvious bull flag ever
OHH LE WAR CAUSED IT
We can’t get to $9/gal in the US fast enough. These retarded plebs need to fucking learn that their stupidity comes with a price tag. Rolling for $1,000/month grocery bills for a family of 3.
It’s a small price to pay for the 2014 Maidan coup.
The rich just got richer.
It has been trending up for months but this is ridiculous
I wish you would say We will only sell oil in YUANS.
I wish I hadn't sold my SM and other oil stonks. Oh well. I got a house and it's alright. maybe next cycle.
I've been buying gold since I was 13. I have a nice little stash.
>spend your time locked in a memory care unit
>sedated and restrained for sleepy time at 4:30pm so he doesn't sundown badly from the dementia (he bit a staffer last time, which we had to blame on his dog)
>proclaim this as a victory over Trump who was outside enjoying golf
Big think
if you didn't buy in 2020 you already goofed
>fuel doesnt keep long
I dont know where this meme comes from, but it's wrong. If you have an airtight jerry can, it'll be perfectly fine for at least a year. I already do this as a hurricane prep, I store 5 jerry cans of ethanol free gasoline. Even the stuff that does contain ethanol will be fine at least a year, if it's ethanol free, even longer. If you add a little fuel stabilizer and it's ethanol free gas, i'd feel comfortable with it for 2.5 years. Gas being in contact with moisture and air is what makes it go bad. It goes bad in a gas tank because it's in contact with air in the tank.
You Russia and China need to kill the Petro dollar, it’s the only way to defeat ZOG
once maxed people will default. esp as inflation hits everything else.
Sell oil in Euros for the lulz.
Peak chaos.
>our auto loan market is set up to implode like house did in 08
two more weeks....
Explain this to me like I'm an inbred that can't into the emails.
hahaha