Oil and gas prices plunged early Friday after Iran said the Strait of Hormuz is now completely open to traffic. But Bloomberg’s Mia Gindis says it may take some time for tanker traffic to bounce back. She reports on “Bloomberg Open Interest.”
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Open my a$$. The only thing open is tRump diarrhea mouth. 🤮🤮🤮.
But only 9 ships went through. Iran is still charging a ransom to navigate the Straits of Hormuz.
Leftist tears overflowing
Great, so gas prices will only be ‘this is horrible’ level instead of ‘this is really horrible’ level. Yay.
That chart is hella deceptive, zooming in on a $5 range is diabolical. Doing a little handy for Trump there Bloomberg?
So when is the gasoline price going to drop?
@earlrichards5759 if it goes down also the price of commodities will not come down
Why is everyone crying? DJT just promised that the prices will go down. Maybe if people were smarter with their money, this wouldnt be a big deal. Everyone got their $5,000 DOGE and $2,000 checks. Maybe they should be putting that in their savings account to prepare for bumps in the road like this! Plus DJT lowered proces on just about everything since Biden. Also, have you seen the stock market going up?
The U.S. is the worlds’ largest oil producing nation; producing over 13 million barrels of oil daily, 22% of world production, exceeding production levels of Saudi Arabia 11%, Russia 10% and Canada 6%. Yet, gas prices in the U.S. are still getting higher which does not make any economic sense.