Originally Posted by
word302
Oil is over $150 unless you actually believe it’s selling for the futures price today.
Better alert the media they are reporting the wrong prices, they could be alarming people way better…..what you are saying is we only use the standard price metric when you think it’s heading for the moon, but when that narrative doesn’t pan out in your favor we use some phantom metric to judge prices and then can make up any price we decide it’s trading at… got it
Hell, it’s at $250 a barrel … man that’s easy.. I like your rationale, easy to win debates that way.