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To: yesthatjallen

Doom porn. It is illogical that the price of crude will skyrocket because there is a production shortage of diesel.


9 posted on 07/24/2018 6:47:00 AM PDT by mad_as_he$$
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To: mad_as_he$$
It is illogical that the price of crude will skyrocket because there is a production shortage of diesel.

Exactly. If there is a constraint on refining capacity for fuel, this would be seen as a rise in FUEL prices (due to the shortage) and a decline in OIL prices (due to the glut of oil that can't be refined).

11 posted on 07/24/2018 6:49:25 AM PDT by Alberta's Child ("The Russians escaped while we weren't watching them ... like Russians will.")
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To: mad_as_he$$
Doom porn.

Could oil prices skyrocket to $200 a barrel … or more?

Sure it "could" rise to $200. Sure it "could" rise to even more.

It "could" also go down to $0. It "could" go to -$200, where I'm paid to take a barrel. Or even lower than -$200, to take a barrel.

Not likely from a statistical perspective, but the enemedia couldn't care less when writing an article of doom (AOD).

13 posted on 07/24/2018 6:52:59 AM PDT by C210N (Republicans sign check fronts; 'Rats sign check backs.)
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