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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

This is huge.

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

This either brings them to their knees, Pat, and we can get some sort of a treaty.

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

As I said, I don't think it's going to be an unconditional surrender.

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

But this is huge.

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

The oil prices are up on demand and speculation and fear and uncertainty.

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

And then you've got U.S.

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

special forces thinking here.

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

Just this headline, Pat, I think is good for $10 this morning because if you think about that,

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

What happens if you have special forces occupy that island?

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

It means, okay, you're not exporting anything.

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

We're going to control your exports.

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

And by getting the Navy, this is the one area that we have a defense expert that we spoke to this morning.

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

They have fast boats with specialized missiles that are on the back that defend this island because it's pretty close to Iran's coast.

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

So it is well defended and it's up all the way up at the top of the Persian Gulf.

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

So the price of oil and all this, this is getting a little hairy, Pat.

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

Well, 10%.

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

What happens if we woke up this morning and the S&P and the Dow dropped 10%?

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

That's huge.

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

10% to 12% of their oil, and they can't get it through the straight?

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

China right now, I mean, it's not you just pick up the phone and say, oh, I can't get, okay, well, that restaurant closed.