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littlejohn

01/30/24 1:34 AM

#13951 RE: bbotcs #13950

A talking head on Viewer's Choice thinks the

oil price going up is Unusual...

It kinda depends on who is getting

paid to talk about a thingy and

by who...

North America is Energy Independent,

which is U.S. and Canada...

And Combined can set a limit price on

Domestic Oil during any unrest...

Mexico could be offered the same chance

to join that if the two countries choose to...

North America could set a $60/bbl price

top on oil if NATO invokes Article Five...

No changes in imports or exports or how

oil is priced is needed to do an oil price set...

Large oil companies above certain production

amounts could be required to pay revenue

received above $60/bbl. into a NATO fund

for shipping protection...

NATO vessels could put up a toll booth for

oil vessels going north in Red Sea before

they enter Suez Canal, and collect $1/bbl.

toll on oil volume from each foreign ship...

Any ship that didn't make it safely thru the

Red Sea would be exempted from a toll...

Foreign terrorists can destroy the Arab

Nation economies but North America

will still have enough fuel...

How the Gamblers are managed is key

to not running up debt in a conflict...

Natural Gas is so overly produced in U.S.

right now, companies would need a free

pass to flare the extra gas production at

oil wells if a larger world conflict emerges...

Don't tell the talking heads...

So we watch...LJ
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littlejohn

01/30/24 1:23 PM

#13953 RE: bbotcs #13950

68/bbl to 70/bbl oil in Texas is getting closer

to demand than future's price pump...

https://www.oilmonster.com/crude-oil-prices/united-states/texas/27

so we watch...LJ