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The current time is Thu May 07 12:43:19 UTC 2026
Utopia Talk / Politics / Oil futures dropping like a rock
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murder
rank | Thu May 07 11:21:26 Down to $76 dollars. Down from $100+ just a few days ago. ... |
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jergul
rank | Thu May 07 11:23:36 The market does not understand the market. 1 billion barrels of oil production has been lost and global stocks are down 300 million barrels. It will be months before supplies are back to normal. |
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jergul
rank | Thu May 07 11:27:59 As to "ending the war" with a 30 day window to resolve all kinds of issues and goodness knows new attacks are still on the table. That is called a ceasefire. "Ending the war" for 30 days is meant to get US Congress to shut up about war authorization. |
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jergul
rank | Thu May 07 11:29:33 In practice, that means ships stuck in the gulf can get out, but who would be crazy enough to sail back into the Gulf? |
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murder
rank | Thu May 07 11:52:13 ""Ending the war" for 30 days is meant to get US Congress to shut up about war authorization." Congress isn't really talking about it. Republicans just create more rage bait to distract and exhaust the Democrats, and it barely even makes the news. Americans have for the most part just come to accept that Donald Trump is going to do whatever the fuck he wants until 2029 or he drops dead. - |
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