23 hours ago, worgeordie said:

Bet Donald has plenty of oil company stocks ,he sure likes to manipulate the market.

the insiders ,insider ,the war is won, Oh no its not ,short or long he and his Billionaire

friends win.

regards worgeordie

Never mind all that. According to credible news sources, the wealtht of the Trump Clan has increased from 2 billions to 6 billions during Donalds second term. Americans like rich people.

How they got it is secondary.

When Al Capone got arrested, half of Americans found it a "good thing". The other half said: "Gosh I wish I could have been so smart".

I remember a speach of ex-president Jimmy Carter. " It's not how much you have, it's what you are". An idealist, not knowing "his people". I remember him fondly.

1 hour ago, swissie said:

Never mind all that. According to credible news sources, the wealtht of the Trump Clan has increased from 2 billions to 6 billions during Donalds second term. Americans like rich people.

How they got it is secondary.

When Al Capone got arrested, half of Americans found it a "good thing". The other half said: "Gosh I wish I could have been so smart".

I remember a speach of ex-president Jimmy Carter. " It's not how much you have, it's what you are". An idealist, not knowing "his people". I remember him fondly.

Spoken by a man whose country has washed the dirty money of murderous dictators for years, as well as profiting off the gold teeth of murdered jews.

Holier than thou only works for the holy. Nobody in Europe is holy

7 minutes ago, Yagoda said:

Spoken by a man whose country has washed the dirty money of murderous dictators for years, as well as profiting off the gold teeth of murdered jews.

Holier than thou only works for the holy. Nobody in Europe is holy

Right on. Nobody was forced to park their money in an "Island of stability". All volunteers. Dictators as welll as wealthy jews.

9 minutes ago, swissie said:

Right on. Nobody was forced to park their money in an "Island of stability". All volunteers. Dictators as welll as wealthy jews.

Island of stability. You mean a bank for plunder and the proceeds of murder.

22 hours ago, Yellowtail said:

The only hated Iran and wanted higher oil prices until Trump.

Now, because of Trump. they love Iran and they want cheap oil!

Just imagine if Trump stated he loved fat women with nose rings and blue hair!

23 hours ago, Yellowtail said:

Overthrowing the government was never a stated objective, quit lying.

Absolutely, he can't help himself! If it doesn't fit his agenda, he makes it up!

On 5/26/2026 at 10:12 AM, Chomper Higgot said:

28-35 days.

Months later and on the brink of global strategic oil supplies running out you think the distinction matters.

"In a matter of days" = Very soon — usually within a few days (typically 2 to 10 days).

It means something will happen quickly, in a short period of time, not weeks or months.

We haven't heard of the Thai government lately.

Didn't they say they had enough for 90 days at the beginning of the war ?

Then the message about 1 Angolian tanker to Thailand.

Nothing since then.

We're getting close to that 90 days.

21 hours ago, Yellowtail said:

I think bout 100 million barrels and that's about a day's usage.

You can't produce significantly more or less than is used, as there is no place to put it.

Correctamundo.

The world uses every day about what it produces every day. And yet that tells us nothing whatsoever about existing stockpiles or oil otherwise flowing through the system.

For example, imagine that somewhere, there are 10 billion barrels in storage. Nice white tanks full of oil. That could be true, could it not? And yet the world oil production could still be 100 million barrels, just as much as the world uses every day.

22 hours ago, jas007 said:

Correctamundo.

The world uses every day about what it produces every day. And yet that tells us nothing whatsoever about existing stockpiles or oil otherwise flowing through the system..

Except that that information is available.

22 hours ago, jas007 said:

For example, imagine that somewhere, there are 10 billion barrels in storage. Nice white tanks full of oil. That could be true, could it not? And yet the world oil production could still be 100 million barrels, just as much as the world uses every day.

Sure, that could be true, just like it could be true that monkeys might fly out of your a** at any moment.

1 hour ago, Yellowtail said:

Except that that information is available.

Sure, that could be true, just like it could be true that monkeys might fly out of your a** at any moment.

You never know, and in case it's not obvious, you're deflecting the issue. My example was hyperbole, but the point remains.

You say that "that information is available." Fine. And the people who analyze that information say that "Oil market at ‘tank bottoms’ in Asia, and Europe isn’t far behind......." I'm pretty sure they know how much oil is in the system, and I'm pretty sure it's more than a 15 day supply. Or do you have information the best experts are unaware of?

3 hours ago, jas007 said:

You never know, and in case it's not obvious, you're deflecting the issue. My example was hyperbole, but the point remains.

You say that "that information is available." Fine. And the people who analyze that information say that "Oil market at ‘tank bottoms’ in Asia, and Europe isn’t far behind......." I'm pretty sure they know how much oil is in the system, and I'm pretty sure it's more than a 15 day supply. Or do you have information the best experts are unaware of?

What is your point? That there are secret storage facilities full of billions of barrels of oil around the world that no one knows about?

I guess if you believe oil futures traders are stupid and that the "best experts" on oil futures are writing click-bait articles for CNBC, you'll believe anything.

6 minutes ago, Yellowtail said:

That there are secret storage facilities full of billions of barrels of oil around the world that no one knows about

The storage facilities are not secret, its strategic reserves and [some] is already released.

On 5/27/2026 at 9:00 AM, jas007 said:

And yet the world oil production could still be 100 million barrels, just as much as the world uses every day.

Leftover from car-free Sundays perhaps?

12 minutes ago, mijens said:

Leftover from car-free Sundays perhaps?

Whats that?

2 hours ago, mijens said:

The storage facilities are not secret, its strategic reserves and [some] is already released.

Leftover from car-free Sundays perhaps?

1 hour ago, Yagoda said:

Whats that?

LOL.... did the dash between two words confuse you?

14 hours ago, Yellowtail said:

What is your point? That there are secret storage facilities full of billions of barrels of oil around the world that no one knows about?

I guess if you believe oil futures traders are stupid and that the "best experts" on oil futures are writing click-bait articles for CNBC, you'll believe anything.

My point is that you seem to be fixated on your belief that the world has only a 15 day supply of oil. That's your story and you're sticking to it. You present no facts, simply a belief that the oil futures traders place bets that are consistent with reality.

And yet markets can be manipulated and, as we've seen, Trump is an expert at manipulating markets and the oil markets are no exception. And don't think for a moment that oil futures traders can't be stupid. I'm sitting here right now without a care in the world because market participants can be stupid.

Instead of continuing this pointless exchange, why don't we do this: let's wait until such time as some of the current oil production is shut down for whatever reason. That's a possibility. For example, Iran destroys the Saudi processing facilities . Their level of production was known. Using simple math, we'll soon find out just how much oil was in the system. And what you'll find out is that it is more than a 15 day supply.

1 hour ago, jas007 said:

My point is that you seem to be fixated on your belief that the world has only a 15 day supply of oil. That's your story and you're sticking to it. You present no facts, simply a belief that the oil futures traders place bets that are consistent with reality.

Why do you assume I have no facts? Where are your facts?

1 hour ago, jas007 said:

And yet markets can be manipulated and, as we've seen, Trump is an expert at manipulating markets and the oil markets are no exception. And don't think for a moment that oil futures traders can't be stupid. I'm sitting here right now without a care in the world because market participants can be stupid.

So Trump is a moron, and an expert at manipulating markets. Do you have any facts to support your claims?

1 hour ago, jas007 said:

Instead of continuing this pointless exchange, why don't we do this: let's wait until such time as some of the current oil production is shut down for whatever reason. That's a possibility. For example, Iran destroys the Saudi processing facilities . Their level of production was known. Using simple math, we'll soon find out just how much oil was in the system. And what you'll find out is that it is more than a 15 day supply.

Everyone's level of production is known, and everyone's usage is known, that's how the world supply is known. Oil is down again today.

1 hour ago, Yellowtail said:

Why do you assume I have no facts? Where are your facts?

So Trump is a moron, and an expert at manipulating markets. Do you have any facts to support your claims?

Everyone's level of production is known, and everyone's usage is known, that's how the world supply is known. Oil is down again today.

You keep repeating that same nonsense. We agreed about that already, remember? The world produces about 100 million barrels of oil a day, and it consumes about 100 million barrels of oil a day. And yet that tells us NOTHING about the oil in storage.

I think you have a short circuit in your brain somewhere.

As for oil being down again? That might reflect something, it might not. The people who trade oil futures are normally hedged. They only lose money if there's an unexpected geopolitical event, or if they are using bad information or whatever. And, for some reason, they keep believing Trump nonsense.

Russia is getting ready to heavily bomb Ukraine. They've warned diplomats and others who can to leave now. And yet a bunch of US Senators show up to demonstrate support for Zelenskyy. We'll see what happens, but the consequences could escalate quickly.

With regard to Iran, the current story is that there's a deal on Trump's desk for review. We'll see what happens, but it's currently Friday or about to be, and that means another weekend of closed oil markets.

9 minutes ago, jas007 said:

You keep repeating that same nonsense. We agreed about that already, remember? The world produces about 100 million barrels of oil a day, and it consumes about 100 million barrels of oil a day. And yet that tells us NOTHING about the oil in storage.

I think you have a short circuit in your brain somewhere.

As for oil being down again? That might reflect something, it might not. The people who trade oil futures are normally hedged. They only lose money if there's an unexpected geopolitical event, or if they are using bad information or whatever. And, for some reason, they keep believing Trump nonsense.

Russia is getting ready to heavily bomb Ukraine. They've warned diplomats and others who can to leave now. And yet a bunch of US Senators show up to demonstrate support for Zelenskyy. We'll see what happens, but the consequences could escalate quickly.

With regard to Iran, the current story is that there's a deal on Trump's desk for review. We'll see what happens, but it's currently Friday or about to be, and that means another weekend of closed oil markets.

What have I said that is nonsense?

On 5/26/2026 at 3:20 PM, Yellowtail said:

I think at any given moment, there is less than a 15-day supply of pumped-oil.

This. A figure you apparently pulled out of thin air. Based on what set of assumptions?

What's your definition of "supply"? Oil that can be used and will be available?

Even if you assume the world will continue to use 100 million barrels of oil a day, which is a silly assumption in today's world, 15 days of usage would equate to 1.5 billion barrels. Of course, the system isn't static, it's dynamic. In other words, price is affected by supply and demand and so on. And as we know, oil is an inelastic commodity. At some point, as prices increase, demand will decrease.

So, where is the 15-day supply of pumped oil? In storage tanks? On ships carrying oil? Elsewhere dispersed throughout the system? What happens to the supposed supply as prices go through the roof?

I think if you do some simple research, yo'll find that oil currently in storage around the world greatly exceeds 1.5 billion barrels.

44 minutes ago, jas007 said:

This. A figure you apparently pulled out of thin air. Based on what set of assumptions?

That's it? What do you think the number is?

44 minutes ago, jas007 said:

What's your definition of "supply"? Oil that can be used and will be available?

Oil that is in storage and or in process.

44 minutes ago, jas007 said:

Even if you assume the world will continue to use 100 million barrels of oil a day, which is a silly assumption in today's world, 15 days of usage would equate to 1.5 billion barrels. Of course, the system isn't static, it's dynamic. In other words, price is affected by supply and demand and so on. And as we know, oil is an inelastic commodity. At some point, as prices increase, demand will decrease.

I am not assuming the world will continue using 100 million barrels a day, it goes up every year, and it will continue to do so until the price goes up significantly long term.

44 minutes ago, jas007 said:

So, where is the 15-day supply of pumped oil? In storage tanks? On ships carrying oil? Elsewhere dispersed throughout the system?

In storage and in process, including transport.

44 minutes ago, jas007 said:

What happens to the supposed supply as prices go through the roof?

You said that oil is an "inelastic commodity", yes? Does that not mean that its supply and demand do change significantly when the price goes up?

44 minutes ago, jas007 said:

I think if you do some simple research, yo'll find that oil currently in storage around the world greatly exceeds 1.5 billion barrels.

Okay, you've done the research, how much oil is currently in storage around the world?

On 5/25/2026 at 5:46 PM, worgeordie said:

Bet Donald has plenty of oil company stocks ,he sure likes to manipulate the market.

the insiders ,insider ,the war is won, Oh no its not ,short or long he and his Billionaire

friends win.

regards worgeordie

I was about to post the same but you beat me to it, Thanks.

8 minutes ago, jas007 said:

Did I say that? No, I did not. Again, I think you may have a reading comprehension problem.

You did say it was nonsense, just a few posts up.

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