Eric Bolling

So at just 3 million barrels a day, which they're producing prior to the war, $120 a barrel, that's $360 million petrodollars per day.

Give it 60 days, and you're talking $21.6 billion petrodollars right into the Iranian coffers.

It is.

And the way the futures market works in the oil is you can take delivery, you can buy delivery going forward.

And I looked at it yesterday or I'll look again, but it's within striking range of an $80 a barrel about 10 months down the road.

So into 2027, right at 2027, you're looking at $80 a barrel.

If everything stayed the same right now, we're talking $92, $93 a barrel now, if it goes higher,

Those back months, those future delivery months, will continue to raise with it.

But right now, the futures aren't saying it's going to last six, eight, 10 months.

And they've priced in a lower oil price going forward.

So the belief right now is this is a now event and that Trump could ramp up production, ramp up ways to bring oil prices down, and he can.

And he will when he's done.

But, Steve, we've been saying this.

Like, I hate to say we've been saying it, but we have.

It depends how high it goes and how long it stays there, how quickly we can get oil prices down.

Correct, correct.

And that will adjust itself.

Well, it's based a lot on front month as well.

But the point is, it's not $200 a barrel a year from now.

They're believing $80 a barrel a year from now.