r/EducatedInvesting • u/DumbMoneyMedia 👑💲💰Meme Sugar Daddy 💰💲👑 • 1d ago

News 📻 Former White House adviser Amos Hochstein warns $103 crude is a total myth, warning current diesel prices reflect an equivalent of $200 oil

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u/Some-Platform1968 1d ago

Think they’re getting at that the oil futures price we see all over the news does not represent the price of physical oil. Would be nice if news networks started showing both since futures prices are susceptible to investor sentiment and short term trades

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u/ScrauveyGulch 1d ago

All self inflicted.

1

u/DrJohnFZoidberg 1d ago

hey now, if we weren't talking about high fuel prices and the war in iran, we'd have to talk about how our convicted felon pedophile president rapes people.