Originally Posted by
vaksedtothemax
I’ve already said in the 61 day June/July timeframe. My prediction, oil will be in the $70’s sometime in June or July. Gas, which is always slower, who knows. In CA it will be slow as molasses to come down because, well, we all know why….. Oklahoma, it’ll be back to the low $2.00 much quicker.
answer this question… when does oil hit $150, furloughs occur and a/c deliveries get cancelled.. that was some of the narrative when this thread started.
Pentagon estimates at least 6 months to claim the Strait of Hormuz from mines. ZERO chance oil is in the $70s in June or July. ZERO CHANCE. Oil and it's Refined Products will remain higher for the foreseeable future
Oil hits $150 this summer. $200 possibly by year end