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Old Crank

(7,272 posts)

7. Paul Krugman thinks the markets aren't reacting

Reply to Dulcinea (Original post)

Wed May 20, 2026, 10:58 AM

Wednesday

As they should to the closure.
There was a fairly good cushion in supplies but that period is close to over. Country's reserve stocks have been tapped. Plus much longer and it will be hard to get the flow up to the previous levels. The refineries and wells can't be restarted like your car.

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not fooled Multichromatic

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Highlight:

'Point of no return': A research firm says the oil market is headed for a dire turning point [View all] Dulcinea Wednesday OP

Trump will love it and make money. Irish_Dem Wednesday #1

As long as his fossil fuel pals gab13by13 Wednesday #2

It's not just the price at the gas-pumps. Irish_Dem Wednesday #8

This is what has me worried. I also believe the oil market is betting on Trump pulling something out of his ass and Ray Bruns Wednesday #3

I'm not afraid of no gas, gab13by13 Wednesday #4

You should be. You want to see what people do when they're desperate, see what happens when they can't fill up there gas Ray Bruns Wednesday #6

Agree modrepub Wednesday #5

Paul Krugman thinks the markets aren't reacting Old Crank Wednesday #7

Lwts let the American people find out what RepubliKKKlans Party plan is for them. BillJoeBobBeauregard Wednesday #9

Will go to show that tRUMP and repugs have actually no effect on oil supplies, oil demand, etc. Maybe the US SWBTATTReg Wednesday #10

If someone were to know for a fact the Strait of Hormuz would remain closed well into June ToxMarz Wednesday #11