Mullet84

@AnthonyGriz @annmarie So at what point in the past did they foresee 20% of oil supply not flowing for an extended period of time? Or do they just look past that part to the more distant future like it never happened?

@annmarie It’s called a futures market. The belief is —-in the future those straits will be open and oil will be flowing.

The Strait of Hormuz is still closed and yet Brent crude is trading sub $100– feels like an alternative universe.

@WadeC84 @ShaleTier7 No. The cost of everything in life has increased, including drilling costs.

@ShaleTier7 Hasn’t the cost to drill wells dropped materially?

WTI crude averaged $98/bbl in 2014. That’s $772/bbl inflation adjusted to 2029. Oil is still cheap.

@JoshYoung US Oil industry workers are just collateral damage so the rest of the country can save … <1$/gal

The government Is trying to force the price of a critical commodity down. They don't seem to care about the people involved, or the consequences. It's not their cars and trucks being repossessed. x.com/i/status/20093…

Nothing to see here, just a US Federal Reserve official mocking the travails of oilfield workers. Millions of jobs lost in the sector over the last decade+. And the central bankers are mocking it openly.

@dsmith1462 @shahh Do you think domestic producers are thriving under trump and his energy policies? His energy policy is to bring on more foreign oil (opec, and Venezuela and now possibly iran)…”america first”.

@shahh Trumps war hasn’t even gotten gas to the price that it was just from having a democrat in office with retarded liberal energy policy. We survived that we’ll be ok with this

Trump is playing 3d chess. The plan is simple. OIL → $200. This will knock Crypto and Stocks down 40%. Send gas prices to $10. Cut Real Estate in half. And while everyone is panicking, we get generational entries. Then he ends the war, we begin the greatest bull market in history, and he takes credit for all of it. Trust the process.

@HooseBeaglin2 @trend_bullish Interesting takes, sounds like you’re the retarded one.

@trend_bullish English bro. You’re in the west now. Speak our language. He could stop all exports. There’s one move that actually forces prices downward here. Not worldwide but here. He could also freeze prices. Use tariffs to subsidize. Your point is as third world as your English

There is almost nothing Trump can do to prevent the explosion in oil prices. #OOTT

@Rory_Johnston He publicly pressured OPEC in 2025 to produce more to bring down the price of oil…

The best—only?—argument that Trump is bearish for oil prices is that OPEC+ wouldn't have hiked crude production as aggressively last year in a world in which Harris was sitting in the White House.

@oilin60 Your # 8 seems interesting given the sentiment across the board….

EIA - LUNCHBAG LETDOWN! …. Those looking for super bullish EIA stats tied to the storm/cold….. checks notes …. wait for it….. it’s a lunchbag letdown, you know what they say about weather #OOTT

@DontTreadOnMeM8 @Jay11083548 @OilandEnergy So you suggest the oil industry and the 500k workers should just be collateral damage so the rest of america can save maybe 50-100$ at the pump? People lose their jobs when there’s a crash in prices like what trump is hellbent on causing.

Trump at Davos: "We're drilling more oil than we ever have, by.... almost double is that right Chris?" (looks at the Energy Secretary) Clueless.

@DontTreadOnMeM8 @Jay11083548 @OilandEnergy What are you talking about? Deregulation just made it easier to get a permit. Has nothing to do with economics of a well. Oh, but he also did put a tariff on steel that made it that much more expensive to drill a well…

@DontTreadOnMeM8 @Jay11083548 @OilandEnergy Gotcha, production wasn’t ever double. Not sure what he’s talking about.

@DontTreadOnMeM8 @Jay11083548 @OilandEnergy He’s taking credit for when prices were in the mid 70’s and people oil co’s were more active before he turned to OPEC to have them produce more to being down the price of oil… making it uneconomic for majority of domestic producers. America First, drill baby drill.

@DontTreadOnMeM8 @Jay11083548 @OilandEnergy We’ll see trump’s effect on domestic production this year. A lot of prod came when prices were higher from Biden. There is a lag from when a well is drilled/completed and when you see the production from it. The production will soon begin to reflect the dropped rigs soon.

@Omni_Chocobo @TpDub821 @TheBobStew JA definitely made some boneheaded plays. But JA’s offense has also let him down time and time again when the game is on the line (diggs whiffing the deep ball, his kicker missing the FG, tight end whiffing last year in the playoffs, amd Cooks not fighting for the ball).

@Omni_Chocobo @TpDub821 @TheBobStew making a td drive with 4 minutes left would fall in that category, making a drive with a minute left should as well. The game I referenced JA made two td drives in the final minutes and his defense didn’t step up.

Sean McDermott’s defense couldn’t get off the field on 3rd and 11 with the game on the line. They allowed Bo Nix & the Broncos to march 73 yards down 4 points in the final minutes. His defense has crumbled in the biggest moments. That’s why he fired.

@Omni_Chocobo @TpDub821 @TheBobStew Held them to 23 points before giving up another touchdown in the final minute? Yeah i remember that. Another thing, Cooks need to make a damn play and come away with that ball in OT. Instead he let the defender make a play which is now a INT that Josh threw

@Mullet841 @TpDub821 @TheBobStew Do you remember when the defense held the Broncos to 23 points after the offense turned the ball over 4 times and then Josh had multiple missed TD throws on the final drive in regulation that would have won the game?

@TpDub821 @TheBobStew Do you remember when his defense gave up 10 points in the final minute, which included a game tying drive with only 13 seconds left, against the chiefs in 2022 playoffs?

@TheBobStew Hahaha meanwhile the defense is the reason why the offense had multiple chances to win the game

@JDVance You just “hired” Venezuelan oil in an attempt to bring down prices at the pump, which will hurt US producers/businesses.

Just spoke with a guy who owns a small business. Complaining about the fact that that he pays his employees $18-20hr (minimum) but the people who hire illegal aliens pay them $6.50 an hour and hurt his business. Many of the people threatening law enforcement and interfering with deportations are just mad that this system is coming to an end.

@IamBillGarland @US_OGA So you prefer buying foreign oil over domestic? Trump imposed tariffs to persuade companies to build in America, but also uses foreign oil to lower prices and fill up the SPR… interesting.

@US_OGA It needs to be refilled sooner rather than later. Why not?

I've heard that idea somewhere before, hmmm. Oh wait ...

@NE_good_life @RapidResponse47 @POTUS Good for you. Oilfield workers down in Texas are going to lose their job bc Trump is hellbent on lowering prices with foreign oil. But as long as you save 60$/month it makes it worth it….🤡

@RapidResponse47 @POTUS Was someone pointing a gun at her when they asked her for 50 million barrels of oil? Regardless, gas is almost free now so I am super excited and I ain't asking questions....

.@POTUS: "Venezuela is really working out well... [Delcy Rodríguez] asked us could we take 50 million barrels of oil and I said, 'yes, we can' — that's $4.2 billion, and it's on its way right now to the United States."