Cenovus Energy Inc CVE.WS

war premium??

[mrbb]

i'm pretty baffled why oil price isn't behaving with pending of another middle east conflict.
Israel really want to start a war with iran, to take care of hama for good (so they say).  Israel already killed hama's chief negotiator as israel don't want 'lets make a deal' with hama plus Iran never retracked their public ambition to wipe israel off the global map. 

Hamas chief Ismail Haniyeh killed in Israeli airstrike in Iran, Hamas says (msn.com)

The neocon's had this all planned out, they would use trump assassination as pretense to attack iran,  a repeat 911 formula to catch and punish terrorist bin laden to enter afghanistan. 
New Iranian Plot to Assassinate Donald Trump Uncovered: Everything We Know - Newsweek

Iran currently producing 3.1 million bopd oil.

[woodsmen]

Yes and Yes. The USA knows all of this as well, and so the Dems brought Oil down before Iran starts Chucking Bombs.  If they would have left Oil Price at $84 like it was just 2 short weeks ago, that would mean we would have $95-$100 oil when Iran starts chucking bombs and the DEMS can't have $95-$100 Oil.   So now this way with the Fake beat down of oil price to get it to $73, now

[packerdriver]

Yes and yes? (???) I'd love to hear how "the Dems brought Oil down"....Did they do it by buying 40 million barrels in the market recently...for a total of 180 million put back into the SPR. Increasing demand in the market lowers the price now? Who knew? !!!! Next thing we'll know is "Drill, baby drill" will make prices go higher!!! https://www.energy.gov/articles/biden

[woodsmen]

Yah well a Biden Puppet wouldn't understand how we magically dropped $10 in oil Price, all while an assassination of a Top Leader in Tehran occurred.   Must be Magic to drop $10 in Oil Price in 13 trading days  ?   I don't have time to explain it to you!!!!   Maybe you can explain it to me how the Dems did it?

[packerdriver]

You don't have time to explain it to me... but you want ME to explain to YOU "how the Dems did it" ? (???)  Can't do that....I don't do FICTION.

[woodsmen]

You commented and questioned on this War Premium Post and I have gave you the explanation multiple times!!!   They "The DEMS" needed a Cushion for Iran and the unknowns that could go with Iran.   The fact remains the Oil Price is 100% where its at because Biden & Company said so!   I repeat ......The DEMS cannot win with High Oil Price.   

[packerdriver]

If "Biden & Company" could move the price on a whim....and according to you an incumbent can't win with a high oil price.....why the heck didn't they do it MONTHS ago when Biden started slipping in the polls???? I had my reasons for getting out of oil this time around....but now that I hear it's a "Rigged Casino Oil Price"....Well, I have another reason to stay

[woodsmen]

They did do it MONTHS ago. Going on years by the looks of it.   IMAGINE IF.................... There was No WARS There was No NEW TRANS MOUNTAIN There was No OPEC There was No AIR TRAFFIC DEMAND BREAKING RECORDS There was No IRANIAN PRESIDENT DEATH There was No HURRICANES There was No USA ELECTION There was No HAMAS ASSASSINATION There was No CONFLICT There was No SPR

[packerdriver]

Jim Kramer just said that if it wasn't for the "war premium" oil would be 65 bucks today...(instead of 73)

[woodsmen]

So why was Oil $84 on July 17th 2024 ?

[woodsmen]

^^^^This^^^^ PackerDive^^^

[woodsmen]

Packer you do realize there was Zero chance of Biden winning presidency with a HIGH Oil Price ?   Don't have to worry about that now for Joe cuz he quit.   So Oil Price was lowered $10 quick dollars for no reason since July 17th, all while an assassination occured.  Must be Magic to shed $10 quick dollars?  So again please tell me where $10 went, when the USA 100%

[packerdriver]

So that's what you're going with? The oil market is a "fake market"....it's rigged? The Dems can and did cause the price to drop 10 bucks??? And they did this by BUYING 40 million barrels in the market??? Yep, sounds like MAGIC alright....Do they use a wand, a rabbit and a top hat??? BTW, the corrolation you make about the oil price and US Presidential elections is one heard

[woodsmen]

Who cares about 16 years ago! We are/were talking about the War Premium to Oil Price right now in the last 2 weeks in the year 2024! Not 16 years ago, not 10 years ago, not 4 years ago. Right now in the last 2 weeks we shed $10 WTI in the year 2024! War Premium? What a Laugh!!

[packerdriver]

Sorry, bud....I was responding to your: "Packer you do realize there was Zero chance of Biden winning presidency with a HIGH Oil Price ?" and your suggestion that "Dems" lowered the price....I just showed that in the last elections incumbents lost with low oil prices and incumbents won with high oil prices...That's all... You said: "We are/were talking about the war