General Discussion

gab13by13

(32,789 posts) Tue May 19, 2026, 03:34 PM Tuesday

If Hormuz Is Not Open By The 4th Of July

Crude oil will jump to $150.00 a barrel, or more.

$7/gal gas.

14 replies

= new reply since forum marked as read

Highlight:

If Hormuz Is Not Open By The 4th Of July (Original Post) gab13by13 Tuesday OP

Maybe sooner, and maybe higher than $7/gal Fiendish Thingy Tuesday #1

Does anyone here feel like celebrating the 4th of July? Chipper Chat Tuesday #2

No n/t piddyprints Tuesday #3

No MustLoveBeagles Tuesday #4

It feels shameful at this point. maxsolomon Tuesday #5

It is shameful Max. Too few people recognized the small fires that were being set - in 1980, no less. harumph Tuesday #11

Already at nearly $7.00 in California FHRRK1 Tuesday #6

Americans celebrate the 250th by paying $250 to fill up their tanks! USA, USA, USA... RedWhiteBlueIsRacist Tuesday #7

An intensified recession that was not needed.... RT Atlanta Tuesday #8

I'm seeing talk of that by the 4th of June NickB79 Tuesday #9

If gas is up 40% by today's numbers, Norrrm Tuesday #10

Kick dalton99a Tuesday #12

I am quite optimistic that the Strait of Hormuz will have open and free traffic by July 4th. DFW Tuesday #13

I can cut my driving in half and live on multigraincracker Tuesday #14

Fiendish Thingy

(24,115 posts)

1. Maybe sooner, and maybe higher than $7/gal

Reply to gab13by13 (Original post)

Tue May 19, 2026, 03:35 PM

Tuesday

Then we will be guaranteed to take back the senate.

Chipper Chat

(10,931 posts)

2. Does anyone here feel like celebrating the 4th of July?

Reply to gab13by13 (Original post)

Tue May 19, 2026, 04:02 PM

Tuesday

I know I don't.

piddyprints

(15,121 posts)

3. No n/t

Reply to Chipper Chat (Reply #2)

Tue May 19, 2026, 04:19 PM

Tuesday

MustLoveBeagles

(17,311 posts)

4. No

Reply to Chipper Chat (Reply #2)

Tue May 19, 2026, 04:25 PM

Tuesday

And I'd been looking forward to it for years. I was 4 when the bicentennial happened so I barely remember that one. trumps re-election ruined it for me.

maxsolomon

(39,144 posts)

5. It feels shameful at this point.

Reply to Chipper Chat (Reply #2)

Tue May 19, 2026, 04:38 PM

Tuesday

Which is sad.

I think I know too much about American History and Americans to feel pride in anything but the National Park system.

harumph

(3,422 posts)

11. It is shameful Max. Too few people recognized the small fires that were being set - in 1980, no less.

Reply to maxsolomon (Reply #5)

Tue May 19, 2026, 05:00 PM

Tuesday

and, the national parks will be on the chopping block if the right wing juggernaut isn't stopped.

"They were careless people, Tom and Daisy—they smashed up things and creatures and then retreated back into their money or their vast carelessness or whatever it was that kept them together, and let other people clean up the mess they had made... ."

FHRRK1

(135 posts)

6. Already at nearly $7.00 in California

Reply to gab13by13 (Original post)

Tue May 19, 2026, 04:40 PM

Tuesday

The MAGAts blame it on Newsom.

RedWhiteBlueIsRacist

(2,266 posts)

7. Americans celebrate the 250th by paying $250 to fill up their tanks! USA, USA, USA...

Reply to gab13by13 (Original post)

Tue May 19, 2026, 04:49 PM

Tuesday

Hey, it could happen?

RT Atlanta

(2,800 posts)

8. An intensified recession that was not needed....

Reply to gab13by13 (Original post)

Tue May 19, 2026, 04:52 PM

Tuesday

Another example of what the republicans are apparently fine with letting him get away with...

hang this around the necks of all republicans like kryptonite

NickB79

(20,406 posts)

9. I'm seeing talk of that by the 4th of June

Reply to gab13by13 (Original post)

Tue May 19, 2026, 04:57 PM

Tuesday

https://www.businessinsider.com/oil-prices-market-supply-shortage-outlook-iran-war-crude-inventories-2026-5

HFI Research, an investment research firm with a focus on energy markets, said it sees the oil market hitting a major turning point in the first week of June. If the Strait of Hormuz remains closed through that time, oil markets will likely descend into "real panic," it said, suggesting that nations around the world could start panic-buying and hoarding oil as oil inventories hit rock bottom.

The scenario — which HFI said wasn't its base-case — is contrary to where most forecasters think the crude market is headed. The firm pointed to more optimistic oil forecasts about how the market would soon normalize, but those predictions are likely fueled by "psychological biases" in the oil market, it said.

Norrrm

(5,603 posts)

10. If gas is up 40% by today's numbers,

Reply to gab13by13 (Original post)

Tue May 19, 2026, 04:59 PM

Tuesday

If gas is up 40% by today's numbers, then the base would be 71.43% of today's price.
But Trump promised to cut energy prices in half so the true base would be 35.71% of today's price.
That would be a 180% price increase by Trump's earlier promise.
As if Trump's promise/word had any value.

dalton99a

(95,350 posts)

12. Kick

Reply to gab13by13 (Original post)

Tue May 19, 2026, 05:01 PM

Tuesday

DFW

(60,460 posts)

13. I am quite optimistic that the Strait of Hormuz will have open and free traffic by July 4th.

Reply to gab13by13 (Original post)

Tue May 19, 2026, 05:11 PM

Tuesday

July 4th, 2029, that is.

multigraincracker

(38,058 posts)

14. I can cut my driving in half and live on

Reply to gab13by13 (Original post)

Tue May 19, 2026, 06:47 PM

Tuesday

cabbage and oatmeal. My heart Goes out to others and I can try to help.

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