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Initech

(109,488 posts)

6. The oil companies fucking suck. Yet we're practically forced to buy their products.

Reply to gab13by13 (Original post)

Wed Jun 10, 2026, 11:49 AM

Wednesday

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orangecrush

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I Told You The Price Of Crude Is Being Rigged [View all] gab13by13 Wednesday OP

Oil prices have always been rigged. They go up and down when opec leaders need new stuff. Srkdqltr Wednesday #1

They've been rigged (subsidized) to keep prices low for the last 60 years about. eom Exp Wednesday #36

The EIA reported this morning UpInArms Wednesday #2

i have no idea what that means. dem4decades Wednesday #3

The EIA reports on our inventory of fossil fuels UpInArms Wednesday #7

If they have that much control and wanted to help Trump, why don't they lower price to where it was in February? onenote Wednesday #4

It's a happy medium right? gab13by13 Wednesday #8

Let's see what happens as the November elections near Raven123 Wednesday #19

Another article Takket Wednesday #5

Yes, and the people who set the prices are very much aware of that scenario. gab13by13 Wednesday #9

The oil companies fucking suck. Yet we're practically forced to buy their products. Initech Wednesday #6

It's all going to hit a wall at some point this year SamuelTheThird Wednesday #10

You should buy as much oil futures as you can then MichMan Wednesday #35

I think you've missed some other influencing factors Fiendish Thingy Wednesday #11

From my co-pilot search gab13by13 Wednesday #13

I think the markets pay more attention to actual production of oil Fiendish Thingy Wednesday #14

I have been following the price of crude for 3 months, gab13by13 Wednesday #15

See post #17 Nt Fiendish Thingy Wednesday #22

You Do Realize That ProfessorGAC Wednesday #23

It goes back up when the deal fails to materialize or an attack happens. maxsolomon Wednesday #28

That's Not What The OP Said ProfessorGAC Wednesday #29

This. Track Brent Physical Delivery Melon Wednesday #17

How can you say the price is in line with Brent futures when gab13by13 Wednesday #18

Reserves are just that: reserves. They can only put down pressure on prices for months ... marble falls Wednesday #27

Exactly what I said. Current available oil is tracking with futures Melon Wednesday #30

Exactly right. This is all about pricing, not availability. marble falls Wednesday #31

The only way to end this is to remove Krasnov and get out. GoodRaisin Wednesday #12

Shared frustration and crushed optimism relogic Wednesday #24

Seriously: If the US wanted to clear the Straights and the Gulf, the Navy with all the aircraft carrier groups in ... marble falls Wednesday #33

This isn't the entire story. Supply chains have changed. Melon Wednesday #16

Nice post, gab13by13 Wednesday #20

I wouldn't be surprised if Drumpf wasn't bribing and/or threating the players to keep the price artificially low ToxMarz Wednesday #21

It's traders and speculators fiddling with the Commodities Market by disaster investing. marble falls Wednesday #25

They control the oil... kentuck Wednesday #26

Did Trump admit to piracy today? LR3 Wednesday #32

Didn't TACO actually joke about being a pirate a few weeks ago? marble falls Wednesday #34

He did some rigging in early 2020 when the pandemic started Jbraybarten Wednesday #37