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GreatGazoo

(4,672 posts)

9. "The oil prices have still not dropped below $55/bbl "

Reply to BumRushDaShow (Reply #7)

Wed May 6, 2026, 08:55 AM

Yesterday

In the last 12-months the bottom was $57 for WTI and they ALWAYS find a way to get the price up when WTI is below $60.

Ideal for US oil companies is in the $65 to $75 range. Lots of oil sources are unprofitable to pump when WTI is under $60

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Highlight:

Gasoline costs 50% more in the US than it did before the Iran war [View all] BumRushDaShow Yesterday OP

Not for long, gab13by13 Yesterday #1

you might want to put the a sarcasm note with your post. nt Javaman Yesterday #2

You think people won't get it? Maybe. gab13by13 Yesterday #5

I got flamed hard one time when the sarcasm challenged Javaman 12 hrs ago #21

Yep...at $97 right now. Bengus81 Yesterday #3

And the expected manipulation continues this morning after the sell-off with this - BumRushDaShow Yesterday #7

"The oil prices have still not dropped below $55/bbl " GreatGazoo Yesterday #9

For some bizarre reason (and I think it was because of the oil drama going back to 2020 when crude went "negative" ) BumRushDaShow Yesterday #10

had a pro trader tell me GreatGazoo Yesterday #13

I got snapshots (close to the bottom) when it went negative BumRushDaShow 23 hrs ago #14

Donald Trump Writes 'Praise Be to Allah' in Profanity-Laced Easter Morning Message Norrrm Yesterday #8

Are we great enough yet? IronLionZion Yesterday #4

Here is something you can do to lower multigraincracker Yesterday #6

I cannot remember the last time I bought anything at a gas station besides fuel. maxsolomon 17 hrs ago #18

50%, my wrinkled old butt ! justsomeguy01 Yesterday #11

Agreed ProfessorGAC Yesterday #12

Prices had really jumped when I went shopping today in Charlottesville, ranging from $4.39 to $4.45. Martin68 22 hrs ago #15

We're winning. USA USA USA republianmushroom 21 hrs ago #16

Its been 100% more here the last few weeks. nt yaesu 18 hrs ago #17

75% increase here in Western NC wishstar 16 hrs ago #19

If gas is up 40% by today's numbers, then the base would be 71.43% of today's price. Norrrm 15 hrs ago #20