Oil markets could be a month away from the moment of truth. Brace for a 'non-linear' price spike and panic buying

[modrepub]

4. Repeat the Same Lie Over and Over

And many folks will start to believe it.

In fairytale land, the straight opens up and everything instantly returns back to the way it was before. In reality, oil ships move at the pace of a moderately paced bicycle ride so it takes weeks to months to get to ports. That’s not accounting for any structural damage to the oil and gas shipping ports or actual damage to oil tankers stuck in idle for months.

Another distraction in the market is the AI buildout and play. That’s been goosing the market for a year or more now. Add taxes reductions and there’s a lot of money supporteing stocks ATM.

As far as EVs, some of the original models are coming into the used market at reasonable prices. If you’re savvy, there are several free charging sites if you know where to look. But beware, electric prices are rising like gasoline and diesel are. Public charging is more expensive than charging at home. And fast charging on DC is hard on the battery. Getting solar helps offset costs a bit but can be pricey.