Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of PoliticsBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of PoliticsBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd


The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
Answer this questionContinue to Shrewd'mThis note won't appear again
Halls of Shrewd'm / US Policy
Unthreaded | Threaded | Whole Thread (70) |
Author: Steve203 🐝 HONORARY
SHREWD
  😊 😞

Number: of 84362 
Subject: Re: Venezuela - Who and How
Date: 01/04/26 1:14 AM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 0

ME: $57 a barrel is low, so it's a long term investment that will pay back nicely if the price of oil goes up.

Why would the price of oil go up, with increased supply?

Here's a chart from the St Louis Fed: Iraqi production didn't recover to it's level before Bush started his sabre rattling for 10 years. Ten years from now, Trump, and the current big oil CEO's will have made their Billions off of the tightened supplies caused by taking over Venezuela.

St. Louis Fed (FRED): Crude Oil Production for Iraq (IRQNGDPMOMBD) | FRED

Steve

Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to Steve203 here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
It's going to get worse · 33 recs · 2025
G’day Donny · 30 recs · 2026
Old Related Story · 28 recs · 2026
HCR is a national treasure · 27 recs · 2025
Fascism in America · 27 recs · 2025
Unthreaded | Threaded | Whole Thread (70) |


Announcements
US Policy FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of Politics | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community