Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Oil companies report sky-high profits thanks to wartime crude prices

npr.org

Post reply on HN
Print view View original

71–80 of 88 posts

Re: Oil companies report sky-high profits thanks to wartime crude prices

#71

Post by ryanmcbride »

mullingitover wrote: post #65
ryanmcbride wrote: post #51

Earlier quoted context omitted.

They didn't fall for it, this is what they want. They don't want low prices, they don't want cheap gas, they want war. They don't care how much they have to pay to get it. They want death and blood. Engaging with their false narrative doesn't do anything but reinforce it.

> They didn't fall for it, this is what they want. If it's what they wanted it's very odd that the winning candidate's platform swore no new wars. It's also weird that his approval rating is bouncing around at the lowest level ever recorded as he's prosecuting a war that his constituents want.

everyone on the planet who heard that knew it was a lie, including every person who voted for him. They voted for him because they KNEW he was lying not because they thought he was telling the truth.

Re: Oil companies report sky-high profits thanks to wartime crude prices

#72

Post by dominotw »

fhdkweig wrote: post #29
dominotw wrote: post #15

Earlier quoted context omitted.

would you buy chevron stock now ?

If you buy now, you are buying high. The time to buy was before the war was announced publicly. That's what insider trading is for.

i dont see any particular spike on the stock price when war was annouced. how is it insider trading?

Re: Oil companies report sky-high profits thanks to wartime crude prices

#73

Post by vkou »

bix6 wrote: post #59
vkou wrote: post #41

Earlier quoted context omitted.

I'm pretty sure that Qatar and the Saudis are not exactly pleased with having their stuff blown up.

True but I’ve heard they are in support of Iran getting decimated so they can fill the power vacuum.

I think they are finding that a bad peace was better than a good war.

Re: Oil companies report sky-high profits thanks to wartime crude prices

#74

Post by vkou »

dmix wrote: post #70
api wrote: post #62

Earlier quoted context omitted.

So many Americans don't understand that these two "branches" of the Muslim world are at odds as much if not more than Israel and the Muslim world. That whole region is a mess of deep long-standing divisions.

I'd still take UAE vs Saudi, over Iran destabilizing everything in the region (Lebanon, Gaza, Syria, Iraq, Yemen, Western Sahara). Not to mention supporting Russia and North Korea.

Right, the Saudis have never destabilized anything, nor have their embrace of batshit-insane wahhabism created the environment and the people that flew two airplanes into some highrises a few decades ago.

Re: Oil companies report sky-high profits thanks to wartime crude prices

#75

Post by bdangubic »

tartoran wrote: post #31
tty456 wrote: post #27

Earlier quoted context omitted.

Most corrupt administration. Hope all these guys do hard time.

I doubt they'll do any time at all.

not only will they not do any time but people of the united states will elect them again in november and 2028

Re: Oil companies report sky-high profits thanks to wartime crude prices

#76

Post by Sabinus »

pudgywalsh wrote: post #47
dyauspitr wrote: post #4

Earlier quoted context omitted.

Yeah I drive about 40 miles a day and pay about $20 per month. I would have had to pay $350/month or so with an equivalent gas vehicle.

Ignoring that your math doesn't add up at all, whenever someone tells me how much money they are saving per month by switching to EV, they always conveniently leave out the $35k-$80k cost of the car plus new tires every $often miles, while my fuel-efficient ICE car is paid off. Oil changes twice a year, buy oil in bulk at Costco.

The math of sunk costs causing high operating costs isn't exactly something to boast about.

Re: Oil companies report sky-high profits thanks to wartime crude prices

#77

Post by Sabinus »

ryanmcbride wrote: post #71
mullingitover wrote: post #65

Earlier quoted context omitted.

> They didn't fall for it, this is what they want. If it's what they wanted it's very odd that the winning candidate's platform swore no new wars. It's also weird that his approval rating is bouncing around at the lowest level ever recorded as he's prosecuting a war that his constituents want.

everyone on the planet who heard that knew it was a lie, including every person who voted for him. They voted for him because they KNEW he was lying not because they thought he was telling the truth.

It's more subtle than that. Trump says so many varied and contradicting things with extremely varying levels of seriousness that any voter could squint at what he said and done, read their hopes and dreams into it and then think he's not being serious about the rest.

Re: Oil companies report sky-high profits thanks to wartime crude prices

#79

Post by tartoran »

bdangubic wrote: post #75
tartoran wrote: post #31

Earlier quoted context omitted.

I doubt they'll do any time at all.

not only will they not do any time but people of the united states will elect them again in november and 2028

People will not elect them but they will nonetheless win the elections. This is disheartening indeed..

Re: Oil companies report sky-high profits thanks to wartime crude prices

#80

Post by dmix »

vkou wrote: post #74
dmix wrote: post #70

Earlier quoted context omitted.

I'd still take UAE vs Saudi, over Iran destabilizing everything in the region (Lebanon, Gaza, Syria, Iraq, Yemen, Western Sahara). Not to mention supporting Russia and North Korea.

Right, the Saudis have never destabilized anything, nor have their embrace of batshit-insane wahhabism created the environment and the people that flew two airplanes into some highrises a few decades ago.

Right the whole conflict UAE has with Saudis is they support Islamists who do stuff like that, which destabilizes the region. That's a good battle to have play out IMO. The fact a power player is even taking that position is pretty great, despite UAEs own flaws and meddling.

Ultimately that clash is still very different than Iran being a self destructive pariah state funding only terrorism and destroyting their own economy through (often socialist) mismanagement.

Post reply on HN