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Refiners “are taking a big risk” amid the two active wars affecting oil prices, according to Sunoco Board Chairman Ray Washburne, who says “if prices drop, they will be very exposed.” “The oil traders are looking out and thinking there is going to be a resolution within the next... show more

Face The Nation

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13,592 Aufrufe • vor 7 Tagen •via X (Twitter)

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6 Kommentare

Profilbild von David

Davidvor 7 Tagen

@CBSNews Donald Trump is deliberately destabilizing America before Russia Strikes. We will not see the price of oil drop and we will not see Iran bow down to Donald Trump who created war in his own dementia ridden mind with lies .

Profilbild von 🌻 Dumfounded 🤯

🌻 Dumfounded 🤯vor 7 Tagen

Curious, what basis does Washburne have for stating that while Russian refinery production is currently at 40%, it will come back online shortly?

Profilbild von Polaris

Polarisvor 7 Tagen

Malarkey, with USA UBI oil will rise and the STROM economy will be ebullient and we expect DOW 75k by New Years Day. They are forming a trade by espousing cheaper oil which a fallacy. Designed to help himself and there investor friends politically and financially. UBI is the biggest economic event in US history. So be careful of their positioning. Wells Fargo

Profilbild von Michal

Michalvor 7 Tagen

Watching F the N and all the Sunday news shows is a terrible way to start the week. The Republican stuttering and stammering and their all-out-lies leave me revolted and disgusted. A huge fog horn should be placed on set and blasted after each lie or obfuscation. 🫨 📢

Profilbild von Steven Bonomo Jr

Steven Bonomo Jrvor 7 Tagen

Oil refineries I've seen in Illinois are very outdated. Noxious fumes plus not much choice of how much of each product is obtained. Any redesign for the process and equipment?

Profilbild von Steven Bonomo Jr

Steven Bonomo Jrvor 7 Tagen

SecTreas having a blast playing SecWar. But who is running his real Department?

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🚨 HUGE: JD VANCE SAYS THE STRAIT OF HORMUZ WILL REMAIN OPEN The Vice President says oil and gas will flow to the American people. He added that gas prices are starting to come down and oil prices remain low because the Strait has stayed open. "If they try to close it down, there's going to be a response from the American military."

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If a U.S.-Iran agreement is signed and the Strait of Hormuz opens, gas and good prices are “not going to fall like a rock overnight,” says IBM Vice Chairman Gary Cohn. “We’re going to be in a psychological change when the straits open and as oil starts flowing out,” Cohn says. “If we open the straits, I think we will continue to see these gas prices come down.”

If a U.S.-Iran agreement is signed and the Strait of Hormuz opens, gas and good prices are “not going to fall like a rock overnight,” says IBM Vice Chairman Gary Cohn. “We’re going to be in a psychological change when the straits open and as oil starts flowing out,” Cohn says. “If we open the straits, I think we will continue to see these gas prices come down.”

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Oil prices have surged 6% in two days amid escalating Iran tensions. Kpler oil analyst Homayoun Falakshahi says traders are struggling to price the potential impact on supplies, and prices are likely to remain volatile

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Bessent: "We're going to be watching the gas stations, because they raised prices very quickly when the crude oil prices went up. We hope they will bring them down just as quickly as crude oil prices have come down."

Bessent: "We're going to be watching the gas stations, because they raised prices very quickly when the crude oil prices went up. We hope they will bring them down just as quickly as crude oil prices have come down."

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BARTIROMO: Do you think oil prices will be lower before the midterm elections? BESSENT: Ahh -- I think oil prices, we can see in the futures market that oil prices are already lower 3 months, 6 months, 9 months out (Not a yes!)

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🚨TRUMP: OIL MAY RISE, BUT IT’LL DROP VERY FAST Trump says the Iran conflict is a short-term “excursion.” "We figured oil prices would go up, which they will. They'll also come down. They'll come down very fast."

🚨TRUMP: OIL MAY RISE, BUT IT’LL DROP VERY FAST Trump says the Iran conflict is a short-term “excursion.” "We figured oil prices would go up, which they will. They'll also come down. They'll come down very fast."

Coin Bureau

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Reporter: “You've been saying for weeks that oil and gas prices are going to come down. Oil is now back above $100 a barrel. How do you explain this to Americans who are wondering when prices are going to come down?” President Trump: “I think it’s very easy to explain to America. All you have to do is say, ‘Will you let Iran have a nuclear weapon?’ And the answer is ‘no’. … We control the Strait [of Hormuz]. … Right after the election, oil prices are going to be tumbling downward.” “We’ll get them down. I think for gasoline, we’ll get them below $2 a gallon.”

Reporter: “You've been saying for weeks that oil and gas prices are going to come down. Oil is now back above $100 a barrel. How do you explain this to Americans who are wondering when prices are going to come down?” President Trump: “I think it’s very easy to explain to America. All you have to do is say, ‘Will you let Iran have a nuclear weapon?’ And the answer is ‘no’. … We control the Strait [of Hormuz]. … Right after the election, oil prices are going to be tumbling downward.” “We’ll get them down. I think for gasoline, we’ll get them below $2 a gallon.”

RedWave Press

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Trump says oil will be coming down - oil spikes in 3 hours "We did a little excursion... Prices are coming down substantially, oil will be coming down," he told reporters. Meanwhile, WTI crude prices: 🌏 16:46 EST: $87.25 🌏 19:48 EST: $92.95 Source: Geopolitics Prime

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Andrew Bridgen

22,024 Aufrufe • vor 6 Monaten

#WATCH | US President Donald Trump says, "...We're going to end that war very quickly. They want to make a deal so badly...You are going to see oil prices plummet. They're going to come down. There's so much oil out there, they're going to come plummeting down" (Source: The White House)

#WATCH | US President Donald Trump says, "...We're going to end that war very quickly. They want to make a deal so badly...You are going to see oil prices plummet. They're going to come down. There's so much oil out there, they're going to come plummeting down" (Source: The White House)

ANI

54,805 Aufrufe • vor 3 Monaten

Bookmark this… President Trump says shortly after the midterms, oil prices will come tumbling down, and gas prices should go below $2 a gallon. What are you paying now? What state?

Bookmark this… President Trump says shortly after the midterms, oil prices will come tumbling down, and gas prices should go below $2 a gallon. What are you paying now? What state?

MJTruthUltra

51,306 Aufrufe • vor 4 Tagen

Ray Washburne, who is chairman of the host committee for the Republican midterm convention in Dallas, says “it's going to be a great networking thing for the candidates to come down.” “There are going to be a lot of donors here and high-profile people, not only in the administration, but in the donor community,” he adds.

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🚨 President Trump says gas prices will drop TREMENDOUSLY once the Strait reopens — and hundreds of oil ships are waiting to flood the market: "As soon as they come out, we're going to have a gusher of oil and you're going to have inflation go WAY DOWN." "Biden had the HIGHEST inflation in the history of our country. This inflation is nothing by comparison."

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Rapid Response 47

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30,629 Aufrufe • vor 6 Monaten

Trump is exposing the system and showing us how many benefit when there are “wars” Oil prices have surged to their highest in 4 years and that was due to the Ukrainian/Russia “War” headlines suggest that the experts are suggesting these prices are going to continue rising Trump has said Short term oil prices, which will drop rapidly ONLY FOOLS WOULD THINK DIFFERENTLY! Many with the trading spaces will lose lots of money because they are not paying attention to what is really happening. Trump exposed how the big insurance companies work by whacking premiums up and denying risk insurance which Trump intervened allowing the Shipoing companies to go through him Corruption takes place everywhere and we are being shown how people would get away with it #harrythesoulcoach #donaldtrump #oil #iran #truth

Trump is exposing the system and showing us how many benefit when there are “wars” Oil prices have surged to their highest in 4 years and that was due to the Ukrainian/Russia “War” headlines suggest that the experts are suggesting these prices are going to continue rising Trump has said Short term oil prices, which will drop rapidly ONLY FOOLS WOULD THINK DIFFERENTLY! Many with the trading spaces will lose lots of money because they are not paying attention to what is really happening. Trump exposed how the big insurance companies work by whacking premiums up and denying risk insurance which Trump intervened allowing the Shipoing companies to go through him Corruption takes place everywhere and we are being shown how people would get away with it #harrythesoulcoach #donaldtrump #oil #iran #truth

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Moshe Schwartz

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Fox News

712,560 Aufrufe • vor 4 Tagen

As the war with Iran pushes up consumer prices, President Trump’s top economic adviser Kevin Hassett says the “big problem right now would be energy prices, and we're watching and monitoring closely.” “The bottom line is, again, the reason why futures markets for oil are dropping down towards 60, and even below 50 in the long run, is that we expect that if Iran stops being this disruptive terrorist force in the Middle East, that there will be a boom in oil production and industrial production,” he says.

As the war with Iran pushes up consumer prices, President Trump’s top economic adviser Kevin Hassett says the “big problem right now would be energy prices, and we're watching and monitoring closely.” “The bottom line is, again, the reason why futures markets for oil are dropping down towards 60, and even below 50 in the long run, is that we expect that if Iran stops being this disruptive terrorist force in the Middle East, that there will be a boom in oil production and industrial production,” he says.

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