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 (2) |
Author: wzambon 🐝 BRONZE
SHREWD
  😊 😞

Number: of 84363 
Subject: Oil Prices Going Forward
Date: 06/15/26 3:12 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 9
Great news this morning- Oil Futures were down across the board in response to announced peace deal.

But going forward??

1. Countries have depleted emergency reserves. Those will be restocked.... by buying oil

2. China played a helpful role during the last few months, by reducing its oil imports. Chinese imports can now be expected to increase.

3. (and most important) The damage to oil production infrastructure in the Persian Gulf region will take years to completely repair.

The cumulative effect of the above three factors will be a continued increase in the price you pay at the pump until supply again matches or exceeds demand. Given that third reason (above), that might be awhile.
Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to wzambon 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 (2) |


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