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☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 1 month ago

Oil Prices Surge Despite Record-Breaking Strategic Reserve Release

oilprice.com

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Oil Prices Surge Despite Record-Breaking Strategic Reserve Release

oilprice.com

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 1 month ago
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Oil Prices Surge Despite Record-Breaking Strategic Reserve Release | OilPrice.com
oilprice.com
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Oil prices surged despite the largest coordinated strategic reserve release in history as escalating attacks on shipping in the Strait of Hormuz heightened fears of a prolonged global supply shock.
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  • BarneyPiccolo@lemmy.today
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    1 month ago

    In a year, we will find out that every oil company has record breaking profits, and then they’ll announce lay-offs.

  • D61 [any]@hexbear.net
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    1 month ago

    Trump: Don’t worry folks, the increase in gas prices at the pump are only temporary and short term.

    Petrochemical Companies: laughing

    • BurgerPunk [he/him, comrade/them]@hexbear.net
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      1 month ago

      Yeah, prices doubled during Iraq and never lowered. Any excuse to price gouge

      • DragonBallZinn [he/him, they/them]@hexbear.net
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        1 month ago

        But remember, they worked hard to get to a point where they can scheme with their fellow porks so we can give them more money…but unionization is evil because the dirty poors just aren’t as awesome!

        • BurgerPunk [he/him, comrade/them]@hexbear.net
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          1 month ago

          Exactly, you see the they took on risk, therefore they are entitled to never fail and continually amass wealth at our expense forever

  • supplier [none/use name]@hexbear.net
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    1 month ago

    “No! I released the reserves so we should be fine! Don’t start hoarding the reserves!”

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