#oilprices #crudeoil #yahoofinance
Yahoo Finance’s Rick Newman explains what the Biden administration is planning for Strategic Petroleum Reserve output after its oil release ends in October, plus the relationship between gas prices and Biden’s approval rating.
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13 Comments
FJB and Bidencrimefamily
Charts appear to say >21.5k< bottom i could see that, but not with the macro situation though. I dont even think talkin bout the bottom is worth it atm. Macro is the worst in decades energy, inflation, rate hikes, supply shortages etc etc its the perfect storm. From 2008ish till around 2021 when the economy was boomin & the fed was printing money btc still crash about 85%. So i find it hard to accept a 75% crash for a bear market that lines up with a global recession, dont make sense to me. Institutions & whales need retail to sell so theres enough supply to meet their demand & they aint buyin yet!! The thing is retail aint got any money to ape in to btc atm & over the next 12 months or so i see less money in the system as the fed tightens & everything goes up in price. So where will the money come from in that kind of a setting?? I really dont think weve seen the bottom yet or the kind of pain coming next year after mid terms. I guess we will see, I will keep buy and just trade long term more than ever, I have made over 5.6` btc from trading with Jane Donre in few weeks this is one of the best medium to backup your assets incase it goes bearish…
The Russian war of aggression against Ukraine is having strong effects worldwide.
Biden, Best US President since 2016
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All thanks to Maskoffweb team they helped me with my financial support I’m really grateful. I recommend this team to you guys try now and thanks me Later
Poor Yellen.. transitory my bumm
Releasing SPR pushing gas prices down 15 – 20 cents. Not accurate, a much bigger impact IMO – closer to a dollar
Perhaps if we didn't sell it off to china… we wouldn't need to refill them? Let's go brandon
America and all countries should support digital currency and cancel higer denomination notes to capture black money and save paper
Drain it all. Get rid of oil. Solar is our only hope.
Breaking the backs of us citizens one bad policy 🙄 at a time SICK of it
Real nice don't even bring up Yellen just last week said gas prices will be going back up in 2023 !!!