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  • Oil price continues to rise

    From Joseph Pereira@1:103/705 to All on Thu Apr 30 04:43:19 2026

    The war in the Middle East just cannot seem to find an end in a solution acceptable to everyone. Both the US and Iran are desperate for a solution, but neither wants to admit that it must be over and done with.

    Meanwhile, Israel is doing whatever it pleases. A solution between the US, Iran, and Israel seems impossible to me, because Israel adheres to nothing and is not being held back by the current US either.

    Trump apparently has two masters, namely Putin and Netanyahu.

    So if Iran manages to hold out, the Strait of Hormuz will remain virtually closed. At the moment, about seven ships pass through per day. So that is not getting us anywhere.

    What we are also seeing now is increasing investment in oil and gas production outside the Middle East.

    The world MUST break free from its dependence on the Strait of Hormuz. The sooner the better.

    In any case, the oil price does not seem likely to go down structurally for the time being. You better take that into account.

    .
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  • From Brent Hendricks@1:135/250 to Joseph Pereira on Thu Apr 30 19:51:04 2026
    Too much "winning"....

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  • From IB Joe@1:342/201 to Brent Hendricks on Fri May 1 10:02:28 2026
    On 30 Apr 2026, Brent Hendricks said the following...


    Too much "winning"....


    Still less than Joe Biden's prices and you shouldn't be so gleeful... These prices are temporary whereas the people of Iran will be better off and possibly free sometime.

    They were on youtube doing the Trump dance in appreciation of America helping them out.

    If there is any winning going on is the Lib-Tards sounding like this.

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  • From Matthew Munson@1:218/109 to Joseph Pereira on Sun May 3 21:17:20 2026
    The world MUST break free from its dependence on the Strait of Hormuz. The sooner the better.
    California is sadly dependent on it as well. :(

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