as US oil prices up climb, stocks decline as crude up over 40% since start of year, +$23/barrel since December and climbing as US sinks into #Drumpf mideast mire.
After March 3rd when #DJT began saying the war could last "forever" prolonged conflict pricing leapt to new heights, driving #DOW into deeper ruts...
Today threats to invoke Cold War-era powers to renew oil production off the southern California coast.
According to Bloomberg, #PrezDrumpf is set to invoke the Defense Production Act to preempt state laws and allow Sable Offshore Crop to restart oil production in California.
As Nutty Netanyahu & #DJT destabilize the world's #petro supplies with a bunch of #MidEast military masacres, just saw this odd #OfferYouCantRefuse from the #US #DFC this week in which #DaddyDrumpf will sell you for a "very reasonable price" some "political risk insurance" and an upgraded experience to #escort yer oil for you out of the danger zones he created.
More actions to come ...
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