Southeast Free Speech

Southeast Free Speech
[ Southeast Free Speech ]

over a cliff

Posted by Possum on May 11, 2026, 9:15 pm

The last oil that made it through Hormuz before the war began is starting to hit the market. In a few weeks we will see the full effects of losing 20 percent of the world's oil supply.

Wall Street is in total denial.

Re: over a cliff

Posted by Coppers Dad on May 12, 2026, 4:54 am, in reply to "over a cliff"

Re: over a cliff

Posted by cs on May 12, 2026, 8:55 am, in reply to "over a cliff"

the futures price is just that...on paper and what is hoped it is at a certain future date. the actual spot price to buy oil is between 150-200 dollars and above right now depending on type and grade and country. ask japan.

and trump can only pump from the strategic reserve for so long.

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