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durablend

(9,191 posts)
Tue Mar 10, 2026, 08:59 AM Yesterday

Latest MAGA prognostication---watch for it!

"Trump made BOLD steps yesterday and the price of oil and gas went through the floor!"

I already see a few of them doing it. Pushing the blame off him and onto the gas stations.

Nevermind most of them never passed along the entirety of what it went up (at least here in PA). They sure as hell aren't going to be in any rush to drop it, especially since what's going on "over there" is still going on "over there", no matter what orange man proclaimeth.

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Latest MAGA prognostication---watch for it! (Original Post) durablend Yesterday OP
No it didn't, gab13by13 23 hrs ago #1
In market already at glut. marble falls 23 hrs ago #3
The prices went up because "crisis" investors and futures investors pay attention to things he does and says. ... marble falls 23 hrs ago #2

gab13by13

(31,979 posts)
1. No it didn't,
Tue Mar 10, 2026, 09:13 AM
23 hrs ago

crude went back down below 90 dollars a barrel after his speech. It was 114 dollars/barrel early in the day.

Closing Hormuz and ME countries cutting back oil production is causing the high price of crude. Blaming gas stations is funny.

Krasnov, I think, wants to keep Hormuz open by using our military, and he said in his speech that he was going to remove sanctions, he did not say which countries but I can guess that it will be Russia. Russian oil will be back on the open market.

marble falls

(71,702 posts)
2. The prices went up because "crisis" investors and futures investors pay attention to things he does and says. ...
Tue Mar 10, 2026, 09:35 AM
23 hrs ago

... they want the market to be just volatile enough to create quick profits without sinking it.

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