General Discussion

gab13by13

(31,947 posts) Fri Mar 6, 2026, 11:55 AM 13 hrs ago

Crude Oil At $90/barrel, Is It Headed To $150/barrel

Oil people from Qatar are saying that oil to $150/barrel is not out of the question.

Economies all over the world would be devastated, just because Bibi has a copy of the Epstein files, IMO.

6 replies

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Crude Oil At $90/barrel, Is It Headed To $150/barrel (Original Post) gab13by13 13 hrs ago OP

Are wind and solar going up also? Srkdqltr 12 hrs ago #1

When oil goes up, everything tends to go up AZJonnie 12 hrs ago #3

Energy generated from renewables is only marginally dependent on the price of oil VMA131Marine 12 hrs ago #4

The question was unclear as to whether it referred to energy production or hardware/installation AZJonnie 12 hrs ago #5

and spring break just started onethatcares 12 hrs ago #2

The higher the price goes the more supply that comes online GreatGazoo 11 hrs ago #6

Srkdqltr

(9,660 posts)

1. Are wind and solar going up also?

Reply to gab13by13 (Original post)

Fri Mar 6, 2026, 12:04 PM

12 hrs ago

AZJonnie

(3,550 posts)

3. When oil goes up, everything tends to go up

Reply to Srkdqltr (Reply #1)

Fri Mar 6, 2026, 12:42 PM

12 hrs ago

So, very likely, yes.

VMA131Marine

(5,250 posts)

4. Energy generated from renewables is only marginally dependent on the price of oil

Reply to AZJonnie (Reply #3)

Fri Mar 6, 2026, 12:46 PM

12 hrs ago

Furthermore, since very little electricity is produced from oil (in the US) and you can’t directly use electricity to power oil-fueled transportation there should not be a major impact on the price of renewable electricity. Although there will be secondary effects because natural gas and coal require oil to produce.

AZJonnie

(3,550 posts)

5. The question was unclear as to whether it referred to energy production or hardware/installation

Reply to VMA131Marine (Reply #4)

Fri Mar 6, 2026, 12:49 PM

12 hrs ago

So, you answered it the other way it could've been interpreted

onethatcares

(16,980 posts)

2. and spring break just started

Reply to gab13by13 (Original post)

Fri Mar 6, 2026, 12:12 PM

12 hrs ago

I wonder how many vacationers planned for double gas prices

GreatGazoo

(4,548 posts)

6. The higher the price goes the more supply that comes online

Reply to gab13by13 (Original post)

Fri Mar 6, 2026, 01:17 PM

11 hrs ago

Lots of oil is too dirty to be pumped at lower prices (below $60) but once the price hits $80 you get Tar Sands, Venezuelan, Brent, all of that. Venezuela has massive capacity. 20% of the world supply which by strange coincidence is the exact amount that usually ships through Hormuz. Timing of the Maduro abduction looks suspect in hindsight.

Likely they will end sanctions on Russian oil if the price stays up.

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