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Pat

👤 Speaker
5677 total appearances

Appearances Over Time

Podcast Appearances

Valuetainment
“Oil Up 35% In DAYS” - Hormuz Crisis Sends Crude Prices EXPLODING Toward $100

Tons and tons and tons of tanks, not military tanks, big round oil storage tanks.

Valuetainment
“Oil Up 35% In DAYS” - Hormuz Crisis Sends Crude Prices EXPLODING Toward $100

This island has got tremendous pipelines that go under the sea, and it is the island that refuels, get this, as Pat said at the beginning, 90% of the exports from Iran go on that island.

Valuetainment
“Oil Up 35% In DAYS” - Hormuz Crisis Sends Crude Prices EXPLODING Toward $100

If you were to hit this island and disable it, you will absolutely...

Valuetainment
“Oil Up 35% In DAYS” - Hormuz Crisis Sends Crude Prices EXPLODING Toward $100

disable Iran's export capabilities, number one, but number two, you're gonna cause world oil prices to go up.

Valuetainment
“Oil Up 35% In DAYS” - Hormuz Crisis Sends Crude Prices EXPLODING Toward $100

Now, some speculators in the US aren't upset by this, Pat.

Valuetainment
“Oil Up 35% In DAYS” - Hormuz Crisis Sends Crude Prices EXPLODING Toward $100

They look at it this way, in the oil industry,

Valuetainment
“Oil Up 35% In DAYS” - Hormuz Crisis Sends Crude Prices EXPLODING Toward $100

Vinny, if you and I were drilling oil in Permian Basin, West Texas Intermediate, now we're selling oil at $100.

Valuetainment
“Oil Up 35% In DAYS” - Hormuz Crisis Sends Crude Prices EXPLODING Toward $100

A couple weeks ago, we were selling it at $68.50.

Valuetainment
“Oil Up 35% In DAYS” - Hormuz Crisis Sends Crude Prices EXPLODING Toward $100

So one half of the energy infrastructure is not terribly upset.

Valuetainment
“Oil Up 35% In DAYS” - Hormuz Crisis Sends Crude Prices EXPLODING Toward $100

These are the drillers and exporters of other regions.

Valuetainment
“Oil Up 35% In DAYS” - Hormuz Crisis Sends Crude Prices EXPLODING Toward $100

The people that are going to be upset is the European economy and then specifically China.

Valuetainment
“Oil Up 35% In DAYS” - Hormuz Crisis Sends Crude Prices EXPLODING Toward $100

The boots on the ground, there was speculation.

Valuetainment
“Oil Up 35% In DAYS” - Hormuz Crisis Sends Crude Prices EXPLODING Toward $100

There was an article that came out this morning that they said U.S.

Valuetainment
“Oil Up 35% In DAYS” - Hormuz Crisis Sends Crude Prices EXPLODING Toward $100

special forces rumored to be preparing to assault and take this island.

Valuetainment
“Oil Up 35% In DAYS” - Hormuz Crisis Sends Crude Prices EXPLODING Toward $100

There it is.

Valuetainment
“Oil Up 35% In DAYS” - Hormuz Crisis Sends Crude Prices EXPLODING Toward $100

And here's three hours ago.

Valuetainment
“Oil Up 35% In DAYS” - Hormuz Crisis Sends Crude Prices EXPLODING Toward $100

U.S.

Valuetainment
“Oil Up 35% In DAYS” - Hormuz Crisis Sends Crude Prices EXPLODING Toward $100

weighs special forces taking Qaharg Island.

Valuetainment
“Oil Up 35% In DAYS” - Hormuz Crisis Sends Crude Prices EXPLODING Toward $100

This would mean that the U.S.

Valuetainment
“Oil Up 35% In DAYS” - Hormuz Crisis Sends Crude Prices EXPLODING Toward $100

would occupy and control 90% of Iran's exports.