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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsOil is now over $113 a barrel
I literally can't keep up with the price increases.
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Oil is now over $113 a barrel (Original Post)
Joe Cool
Sunday
OP
Norbert
(7,716 posts)1. Play stupid games, get stupid results
I have a horrible feeling 2026 will make October 24, 1929 look like a day at the amusement park.
lastlib
(28,064 posts)2. That isn't the only thing over a barrel.......
America is f*cked tonight.
progressoid
(53,076 posts)3. What about all of the Venezuelan Oil?
Melon
(1,450 posts)4. They are shipping it. But the quantity is low. US has plenty of oil. It's the global markets.
We are all tired together. US only gets 5% of our oil from the Middle East.
Venezuela is small producer right now. 1MM barrels a day. Chevron has already tripled their output put in Venezuela from 100,000 barrels a day to 300,000. It doesnt matter. Oil globally is skyrocketing. If you can pump in Saudi but not ship, wells can get capped.
I probably should have put the sarcasm thingy on my post.
I suspect that that most of my responses to anything even tangentially related to trump is probably sarcastic.