RE:Tomorrows our day Last week it pulled back. For no real reason. Today at least oil pulled back , oil pulled back like a guy worth 120 Billion , to now he's worth 108 B. Life is still really good.
I think there was profit taking. Does anyone remember the post where I said it's a trap. Does feel like smoke and mirrors by Biden and the MAN . The only country to ban Russion oil imports other than Canada ( who don't or almost don't import any ) so they get 3% of there supply from Russia , this is not any tragic amoint To make up , and they use this smoke screen BS to ACTUALLY say we will let VENEZUALA off the Hook , forget what we stand for as a county if you send us crude.
You know why they didn't ask us ( CANADA ). They know we can handle whatever they need. They just want to use DARK politics and ask a country who they also put restrictions on like Russia to ship oil and we forgive you.
The idea is there playing games to loosen the market.
So they have Venzuala Oil coming back , IRAN is already shipping lots despite sanctions , but there going to be back , they are pushing Opec for more , they are pushing the fracking.
I will bet that ...... Biden and Putin make up before November on some leval , and Biden plays it out as it's not fair to the people of Russia , they need oil revenue or there going to starve. Ordinary people don't deserve to starve over the choices Of there leader. Putin won't care he will have what he wanted with Ukraine , gets his exports moving , so beginning on October 1 we will allow Russia to ship Oil , vodka !! ext ext .....
Now the world will be very flush with oil and the price is back to 65 or less Per BOE and fuel is back to 2.75 a gallon.
He wins the primary. He's a hero.
Oh lastly. If the UK bans Russia oil all it means is China stops buying anyone else's oil and Only buys Russia oil. Novak said he already has a buyer for his oil. All of it. !!
Just where the oil is going will change.
I love this sector. But not for one second do i trust anyone in politics.
Lol. There is as conspiracy as you will ever find me.
Laughing at my self.
Craig.