Robert Foye
1.5K posts

Robert Foye
@robert75912
77 years old grumpy old man






🛢️🇺🇸🇮🇷 Trump has repeatedly talked oil prices down claiming the war is nearly over, but is that true? - Global oil futures are above $100 but well below the $140 spot price, largely because Trump's rhetoric is suppressing the paper market - U.S. oil companies aren't ramping up production because Trump keeps saying the war is about to end - "By talking down the market so effectively, when the price spike becomes inevitable, it's going to hurt way worse", Defense Priorities analyst - One oil executive told the Dallas Fed the president "sends conflicting signals" making capital planning impossible - "Our hypothesis is the paper market is being manipulated. This will lead to an even worse supply imbalance in the next 12 months" Source: Politico




Nothing infuriates an uninformed Congressional Dem more than when they realize they voluntarily triggered a debate with someone who actually knows what they are talking about, reads federal statute and adheres to Supreme Court precedent. Today’s self-implosion by @rosadelauro was quite remarkable to witness. Without apology or regret, I will always adhere to the best available reading of federal statute pursuant to the U.S. Supreme Court decision in Loper Bright.

































