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Non-Cattle Specific Topics
Coffee Shop
What Should The Response Be?
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<blockquote data-quote="Caustic Burno" data-source="post: 1587278" data-attributes="member: 694"><p>Russia makes money if this starts.</p><p>If the straits of Hormuz are bottled up oil futures on the commodity markets climb on 90 day delivery.</p><p>Exxon doesn't run Exxon oil it buys and sells on the market. Production is a company just like refining. Production is trying to get the highest contract and refining the lowest on the barrel.</p><p>US production has depressed oil prices, Russia wants the money.</p><p></p><p>https://www.eia.gov/dnav/pet/pet_pri_spt_s1_d.htm</p></blockquote><p></p>
[QUOTE="Caustic Burno, post: 1587278, member: 694"] Russia makes money if this starts. If the straits of Hormuz are bottled up oil futures on the commodity markets climb on 90 day delivery. Exxon doesn’t run Exxon oil it buys and sells on the market. Production is a company just like refining. Production is trying to get the highest contract and refining the lowest on the barrel. US production has depressed oil prices, Russia wants the money. https://www.eia.gov/dnav/pet/pet_pri_spt_s1_d.htm [/QUOTE]
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What Should The Response Be?
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