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Foreign Affairs

SWBTATTReg

(26,382 posts)

3. Yes, you're right. I saw an recent article that they still hadn't gotten to the tankers stilling sitting offshore of

Reply to Wonder Why (Reply #2)

Mon Apr 20, 2026, 12:43 PM

Apr 20

America's shorelines, so someone is buying this oil in advance, and then speculating on the values (up or down, depending upon what their trade is), and guess who's paying the bills? I thought in a purely capitalistic market, buyers and sellers are setting the prices, but here, the sellers and buyers are somewhat colluding together, aren't they? I guess if the oil is offshore, it's not subject to American jurisdiction / pricing regs?

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Wonder Why

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$50 Billion Gone - Joe Blogs [View all] TexasTowelie Apr 19 OP

Some math ?s here...500 million barrels of oil is somehow equating $50 Billion dollars? I thought the last price of SWBTATTReg Apr 19 #1

and that oil is still in tankers, in tanks or in the ground. Wonder Why Apr 19 #2

Yes, you're right. I saw an recent article that they still hadn't gotten to the tankers stilling sitting offshore of SWBTATTReg Apr 20 #3