I'm thinking Trump wants $50-$55 WTI Crude prices based on his first term. Anyone disagree? Do you think we stay above $55 for the remainder of 2025?
8 replies (most recent on top)
Trump may want $50 oil, but shale producers and their balance sheets sure do not. Cheap crude wins elections not quarterly earnings.
Post ID: @bs+1jr2q1nyb
"Drill baby drill!" There are a lot of times he campaigned that.
I don't think he said a specific number but did certainly state that the price would be driven down.
A lot of us were cast out over the course of the last year... so yeah, it isn't crazy to check everyday when you've just "retired". Sequence of returns... well this is a great example of what we're all worried about.
not sure about that one but i am 100% sure that trump campaigned on tariffs
then tariffs happen and everybody loses their minds. uh, ok. is a politician doing what they said they were gonna do just that rare or did people not listen? wild.
also who checks their 401k every day? are you that close to retirement? you know most of us won’t touch that for decades right? the entire idea is to not worry about crashes and recessions due to long term gains. if you’re gonna stare at your investments all day and think about liquidating then go for a high interest checking account to support your indulgence.
Trump campaigned on it. Weakening Russia's economy is the goal. 20% of their GDP is oil. So, it will bring them to negotiate. Would you rather have the world in a recession and a temporary peace, a rich world with a small war, or world war. I think Trump is going for a recession/depression and temporary peace in Ukraine.
With the National wealth base gutted and no end in sight, tangible evidence of the economic brakes will be slamming on shortly. Even $20bbl oil won’t stimulate demand.
A minority of the US population wanted this person in office. But who knows, maybe it will all work out fine - in 10-15 years. Can you hang on that long, even with cheap oil?
Lower gas prices will benefit everyones pockets. Less we pay at the pump, more we can spend on rent and house.
Recession on the horizon, price of oil headed down, stock market slammed, steel prices going up, but hey, we are calling the Gulf of Mexico the Gulf of America now so that must be what makes America great again!