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$50 WTIC SUPPLY, SILVER SQUEEZE Banks in TROUBLE, GOLD and OIL to SPX, FRAC Spread DECLINING BIG OIL
Apr 7, 2025
The creator discusses the potential impact of tariffs on energy prices, specifically crude oil (WTIC) and gasoline. While some predict a drop to $50 WTIC, the creator believes this is unlikely to be sustained due to expected production declines in shale and offshore oil. They view a potential price drop as a false breakdown and expect supply to decrease, leading to higher prices in the medium to long term.
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