Post by
JohnnyDoe on Sep 14, 2023 6:28am
Calls for oil to hit 100 in q4
More and more calls that we're going to see oil breach 100 in q4. Courtesy of Spurwing the other day, that yahoo article was pointing to a daily shortage of 3M barrels in q4 which will drain global reserves.
This is going to be interesting because old Joe hasn't got much ammo in the SPR and there's an election next year.
https://oilprice.com/Energy/Oil-Prices/Why-Oil-Could-Top-100-In-Q4-2023.html
Comment by
masfortuna on Sep 14, 2023 7:30am
He can't release the spr without the approval of the house. The house is no longer Dem. It won't be easy for him to get their approval.