WTI CRUDE

FastLane said:
No. The national average for a gallon of gasoline today is $4.17. I'm willing to bet it will be less in 2 months by June 28th
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There are many ways you can make that bet. While not actually betting, or gasoline prices, may I suggest buying put options on USO(a ETF for WTI). If oil does come down in price, like you claim, you can multiply your money by 10 to 20 times. I do not know how much money you have to invest, but a significant amount of money times 10 is a life changing amount of money.

Then again, you posted this on Tuesday, and yesterday(Thursday) oil was $4.392, so prices are going in the opposite direction than you expect.

FastLane said:
Ill bet on gas prices, will you?
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Why on bother Jarod with this? If you really want to invest on this, you can buy gasoline futures and make real money. There are a dozen other ways to make money off your prediction. It seems like a waste of time hoping some random person on the internet pays you a bet.

FastLane said:
The cooking process require heat and another step in the refining process. Those two things add expense and they aren't required for sweet crude.
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Which is why sour oil is priced below the benchmark. It has already all been figured out by the markets. There is no need for your input.

FastLane said:
Well when you promise to end the use of fossil fuels fuels it tends to raise the cost of producing oil because people and banks don't want to invest in oil.
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Reducing demand for a product drives up prices? Who would have known.
 
Walt said:
There are many ways you can make that bet. While not actually betting, or gasoline prices, may I suggest buying put options on USO(a ETF for WTI). If oil does come down in price, like you claim, you can multiply your money by 10 to 20 times. I do not know how much money you have to invest, but a significant amount of money times 10 is a life changing amount of money.

Then again, you posted this on Tuesday, and yesterday(Thursday) oil was $4.392, so prices are going in the opposite direction than you expect.


Why on bother Jarod with this? If you really want to invest on this, you can buy gasoline futures and make real money. There are a dozen other ways to make money off your prediction. It seems like a waste of time hoping some random person on the internet pays you a bet.


Which is why sour oil is priced below the benchmark. It has already all been figured out by the markets. There is no need for your input.


Reducing demand for a product drives up prices? Who would have known.
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It's off Jarod already lied so he is not honorable when it comes to betting.
 
FastLane said:
It's off Jarod already lied so he is not honorable when it comes to betting.
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If you really believe your predictions, you should invest in getting 10 to 20 times returns, not trying to get a tiny return from a random bet with someone on the internet.

I used to card count, until I realized it was a waste of time. They will always cut you off when you win at gambling. You can win all you want at investing.
 
Walt said:
If you really believe your predictions, you should invest in getting 10 to 20 times returns, not trying to get a tiny return from a random bet with someone on the internet.

I used to card count, until I realized it was a waste of time. They will always cut you off when you win at gambling. You can win all you want at investing.
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More likely it did not work for you because you can't count.

Talk to Jarod. He was so desperate to win a tiny bet on the internet that he lied to give himself an edge.
 
FastLane said:
More likely it did not work for you because you can't count.

Talk to Jarod. He was so desperate to win a tiny bet on the internet that he lied to give himself an edge.
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Tiny? Were you betting your prick?
 

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The futures market investors are predicting $5 gas in 6 months, those are the ones putting their money where there mouth is.
 
Jarod said:
That was not of his doing,
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The Autopen's Day 1 EO (the "war against hydrocarbon fuels") was indeed the Autopen's doing.
Jarod said:
any reasonable economist will explain to you the effects of the end of Covid.
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Translation: Any unreasonable leftist will regurgitate their leftist programming upon initiation of their executable files.
Jarod said:
Biden was able to bring Covid to an end,
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There is no "end" to COVID. It still exists. People still get it to this very day. It will never go away.
Jarod said:
the economy came roaring back
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Yup, during Trump's terms.
Jarod said:
and gas prices went up, temporarily.
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Gas prices increased under the Autopen from 2021 - 2023 (three years).
Gas prices have now increased under Trump for two months.

During those three years, you didn't complain. You were quiet.

Now, because you've been PROGRAMMED to squawk about high gas prices, you are now running your "highgasprices.exe" file even though you know full well that two months is much less than three years. If three years is "temporarily", then what is two months? "Extremely temporarily"?
Jarod said:
Note, they began a dramatic reduction before the end of his term.
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They only came down at the very tail end of the Autopen's term because it was 'election season'.
Jarod said:
The advise and unnecessary Iraq war is the full driver of the current gas prices.
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I'll assume that you meant 'Iran war' (not Iraq war).

The fear mongering over the Strait of Hormuz is the main driver of the current gas prices.
 
Jarod said:
So why did the cost of Gas only shoot up at the end of Covid, then start coming down?
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There is no "end of Covid".
The cost of gas started shooting up after the Autopen's Day 1 EO (the "war against hydrocarbon fuels"). The cost of gas continued shooting up (the "trend line") throughout 2021, 2022, and 2023. The cost of gas didn't start declining again (the "trend line") until 2024, when it was "election season" once again.
 
Jarod said:
But, But, But... What about the relatively less important eggs?
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iu
 
Lionfish said:
The stock market must have tanked.

Dow Jones Industrial Average
As of April 30, 2026 • 3:41 PM CDT
DJI: .DJI
49,652.14USD
+790.33(1.62%)
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Apple posted good numbers and they are heavyweights in the "average".

Also it isn't really a good indication of the economy at large. nearly 90% of stocks are owned by the top 10%
 
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