I realized tonight, when WTI hit $97 that I am correct, and I felt gutted. Normal people are about to be so fucked by inflation. Meanwhile propagandists continue to march through the streets, suppressing the oil price & in doing so, manifesting a larger and larger black swan...

Sep 10, 2026 · 4:02 AM UTC

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It's unfortunate. Price suppression backfires. Policy failures have consequences. But you're not making the policies.
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this is going to be really sad
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dude, oil hitting $97 has nothing to do with it. The world is already living in $200 refined
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Just wait until cracks, oil, and gold all go higher at the same time
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People think the economic crash is still far away cause they were told 150-200/barrel is where it starts, but the thing is that diesel is already there. We are much closser to the economy crashing than almoat anyone realizes. If oil simply runs to 150 I think the stock market 🤮
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correct
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Thoughts on oil's movement in the very short term? Like the next day or two?
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slightly down then up next week
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Not for nothing, give yourself some credit here. You shouted the truth from the rooftops for months, the parties on the other side of your trade are the treasury secretary, administration, and an army of grifters. None of us wanted it to turn out this way, we just saw the true gravity of the situation.
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the truth here is really unfortunate for so many though
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Whats the ideal thing to do with cash if your thesis is correct?
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obsidian energy. research it. mind blowing things like 2bil tax pools yielding tax free sales. Great growth story. etc.
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I’ve been hoping we were all wrong for a while.
Alex Stephens (@AlexStepherylh) profile pictureAlex Stephens
@AlexStepherylhApr 30
Replying to @GavMcCracken
youtu.be/0k5aVLi_yhM?si=5bDW… I've been thinking about this scene from the Big Short all day.
1% Unemploment goes up 40,000 Die " Just don't F***ing Dance "

1% Unemploment goes up 40,000 Die " Just don't F***ing Dance "

https://www.quora.com/The-Big-Short-2015-movie-Is-it-true-what-Ben-...

youtube.com
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Yep they’ve marched us all to the edge of a cliff and onto a fake bridge that’s only a half built illusion. All while cheerleading the whole time. The drop off will be devastating. It didn’t have to be this way. This is going to suck for everyone.
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Not your problem. Enjoy being right. It sucks, but inflation gonna fk sht up.
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I followed you to OBE 12 1/2 Dec calls. finally in the money. Thanks
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Every day people commuting every day for their low wage jobs at walmart, the post office, the pet store, etc…are so fucked. It amazes me they can afford to live as is - not to mention raise children - and it is only beginning
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I said the next time we saw price this I would have no mercy. Ate beans and rice for too long making oil below the marginal cost. That said, once again, I whince at what is ahead.
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This has been my concern as well. Higher oil prices isn’t good news for most people.
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Don’t. People cheered the suppression. People bathed in its short term safety for an illusion and did NOTHING to make wrongs right. People ‘invested’ in their own stock market delusions. Watch it. And let it burn.
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You're right. Best hope is for a TACO or everyone and I mean everyone comes together and votes Iran off the island. So really we need a TACO
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This is how I feel about European gas, TTF will be horrible for normal households in Europe, even in a mild winter.
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False. People hear you. Truth never dies
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Slow and steady. I’m still thinking it moves around $5-7 a week. They are getting very good at these guided nightly adventures to move oil.
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A black swan is unknown. You can use AI to figure out that this is the biggest structural impairment in the oil market going back to 1960 (likely of all time). I would say that this is a grizzly, moose or buffalo that the average market participant is watching in a national park trying to decide if they should feed it or get closer.
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$103 now
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Damn, I was thinking about this in the last hour. Here I am celebrating but then I thought, "Why are you celebrating? This is about to fck a lot of people". Strange situation to be sure.
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Piss on that, everything has priced itself far above Oil the past 6 years. When Oil averaged 100bbl from 2011-2014 I was only paying $4.00 at most for diesel and everything was a lot cheaper. Oilfield wages have been stagnate since 2014.
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I've been seeing this coming for years but now that it's here, it's nice to know I wasn't crazy. nitter.cf/OuncesApp/status/17583…
Ounces (@OuncesApp) profile pictureOunces
@OuncesApp16 Feb 2024
Replying to @MattForVA
It’s true that “Green” energy has nothing to do with the environment or climate change. The real reason is it’s because Governments know war is coming. Carbon based fuels are going to become prohibitively expensive and/or be banned/rationed for government/military/emergency use which will wreak havoc on developed economies. Governments obviously can’t tell you this outright, so they’ve been trying to resonate with the public using the environment and climate change as an excuse to move the public and their economies to be less reliant on carbon based fuels. Once you understand this, the hypocrisy, and nonsensical climate policies, etc. begin to make a bit more sense.
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People fundamentally don’t grasp what is coming tbh
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Ameri-cattle voted for Trump, but I do feel bad for the rest of the world.
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