Aug. 29 at 3:07 PM
$PR $BTE What’s up, homies? I miss you. I’ve been staring at 20 years of WTI charts trying to predict the future like Nostradamus. Quick recap: oil goes boom (2008), oil goes bust (2015), oil dies and gets buried (2020), oil resurrects (2022). Rinse and repeat every 3 - 4 years thanks to elections, wars, and people forgetting how supply and demand works. My hot take: WTI appears to be in a slightly downward channel. We may drop a bit more, then the next big bounce mid 2026 and we ride a 3-year bull run. My US Ambassador @Sonny_D said, “You suck, try again.” @Fronk threatened to drown me (which I think means he likes me). I also have no #$%@ing idea what I’m doing. Canadians are terrible. @SideHustle704, bring charts. @matrick, bring voodoo. @Timstock1, keep us updated on McDeals while we wait for tendies. Saudis are playing chess, not checkers. If they can’t get
$80, they’ll take market share. Zero doubt the day of reckoning will come. To quote Landman,
$78/barrel is target range.
