9 Comments
User's avatar
John Sims's avatar

Fake news. Oil prices are currently at $70 a barrel.

Len's avatar

“ journalism” ?? Or propaganda faux news ??

Crowenation's avatar

And there’s actually no real reason for this escalation. Sounds like someone is taking advantage of the situation to do a little gouging.

Steve's avatar

The combination of Iranian missiles and drones hitting Jordan, Israel, Iraq, Kuwait, Bahrain, Qatar, the UAE, Oman, ships in the Strait of Hormuz, US bases, and a British military base on Cyprus isn't a "real reason?"

Len's avatar

No ! It is uniting the free world including Arab states against Iran terrorism and oil increased production by opec along with oil production by Iran and Venezuela not going to China and Cuba —

Steve's avatar

Authoritarian Arab states are part of the "free world?"

Oil is a global commodity in a global marketplace. Companies sell where they can get the best prices.

Len's avatar

Market surge ?? A 1200 drop is a surge?? Are we imitating Obsma version of “ truth” ???? Oil prices will return to lower levels but can anyone explain to Newscumbag that buying oil for CA from Saudi Arabia instead of USA production via a pipeline ain’t a way to reduce gas prices ??

Len's avatar

Here we go —- emotional oil market jumps the gun to create fear and confusion. The only one to worry regarding oil myst be China and Cuba since the Venezuela and Iran oil supplies are now being controlled by the United States and opec increasing oil production!!!

Laney Shelby's avatar

Fake News....highest it reached today $72.88 and currently at $71.36- Liars