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Oil prices could rise to $120 a barrel on further supply cuts, and that would bring economic growth to a halt next quarter, JPMorgan says
MSN ^ | 09/20/2023 | Jennifer Sor

Posted on 09/20/2023 10:52:35 AM PDT by ChicagoConservative27

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could ... or could not ...


21 posted on 09/20/2023 11:57:08 AM PDT by bankwalker (Repeal the 19th ...)
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To: ChicagoConservative27

I remember when, just a few years ago, America was Made Great Again.


22 posted on 09/20/2023 12:01:12 PM PDT by Sirius Lee (They intend to murder us. Prep if you want to live and live like you are prepping for eternal life)
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To: ChicagoConservative27

Oil prices go to $120 due to bad domestic energy policy. Oil price spike causes inflation to rise. Inflation rise causes the Fed to raise interest rates. US debt service payments go up. Household real income goes down. People can’t afford loans for homes or businesses. Workers and retirees struggle to make ends meet and go on strike and demand lawmakers “do something” like raise the minimum wage. US economy goes into a downward spiral...


23 posted on 09/20/2023 12:16:27 PM PDT by monkeyshine (live and let live is dead)
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To: tomkat

$6.09 by my house for premium. Southern California. About $2 of that is tax maybe more or less I can’t keep track of all the taxes and fees.


24 posted on 09/20/2023 12:17:28 PM PDT by monkeyshine (live and let live is dead)
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To: ChicagoConservative27

OPEC is smart. Raise the price of oil while our leaders don’t want us to drill for it. We are held hostage to high gas prices.


25 posted on 09/20/2023 12:18:49 PM PDT by AppyPappy (Biden told Al Roker "America is back". Unfortunately, he meant back to the 1970's)
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To: ChicagoConservative27

26 posted on 09/20/2023 12:27:52 PM PDT by null and void ( Fall Is Here: Pumpkin Spice-Scented Children Presented To Joe Biden)
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To: ChicagoConservative27

Paid $6.10 per gallon this morning.

KawLeeFawKneeYuh...


27 posted on 09/20/2023 1:06:07 PM PDT by Vendome (I've Gotta Be Me https://youtu.be/wH-pk2vZG2M)
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To: ChicagoConservative27

Biden’s first day in office to shut down the pipe line and stop construction of the other one had one result.

Opened the flood gates for gouging with shortages.


28 posted on 09/20/2023 1:39:11 PM PDT by Vaduz (....)
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To: MNDude

I’d accept $6 a gallon gas if that’s what it takes to get rid of Biden and his handlers. We’re literally being governed by a bunch of 28 year old grad students. It would be a cheap result in the long run.


29 posted on 09/20/2023 4:09:20 PM PDT by allwrong57
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To: Vaduz

US oil production is expected to hit record highs this year


30 posted on 09/20/2023 4:23:13 PM PDT by Kathy in OC
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To: Kathy in OC

Another Biden crisis in action.


31 posted on 09/21/2023 6:48:43 AM PDT by Vaduz (....)
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