iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,474 Blog Posts

THE US WILL BE NET BUYERS OF OIL SOON

Remember when Biden announced the US would start selling 1 million barrel of oil per day in order to fight “Putin’s tax hike” on Americans? Well, that is set to expire this October and the DOE is slated to REFILL the fucking SPR with 60 million barrels of oil at the market — starting in 2023.

There are some who believe the US has artificially suppressed the price of oil in order to assuage morons to vote for Biden and his gang. Well, after the November election and into the fires of 2023 — the United Steaks will be at the mercy of markets in an attempt to buy back the oil they sold — most likely at high prices.

Where do you think the price of oil will be by March?

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One comment

  1. roguewave

    We won’t have to wait til next year – how ’bout Nov 9th?

    Get out there and vote. Vote hard for a family man. Very close to his children, and showering together saves water.

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