Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of PoliticsBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of PoliticsBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd


The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
Answer this questionContinue to Shrewd'mThis note won't appear again
Halls of Shrewd'm / US Policy
Unthreaded | Threaded | Whole Thread (4) |
Author: Steve203 ⎊❂🐝 HONORARY
SHREWD
  😊 😞

Number: of 86278 
Subject: it isn't that much, considering inflation
Date: 03/08/26 10:53 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 6
Looked up the all time record price for WTI.

according to the net sifter:

The highest market price ever recorded for West Texas Intermediate (WTI) crude oil was $147.27 per barrel in July 2008. This historic peak was driven by intense speculation and fears regarding peak oil supply. Other sources indicate peak spot prices around $145.31 during that same period in 2008.

According to the BLS inflation calculator, that $145.31 print is equal to $214.86 now.

Bubblevison's current quote for WTI just cracked $118.00, with Brent flipping around the same price, give or take a few cents.

*****BREAKING NEWS******

God on Earth, Trump the Great and Powerful, says it's worth it to beat up Muslims for Israel.

Oil surges above $110 a barrel; Trump says ‘small price to pay’ for defeating Iran

Shortly after oil blasted past $100 at the open of trading Sunday evening, President Donald Trump posted on Truth Social that a gain in “short term oil prices” was a “very small price to pay” for destroying Iran’s nuclear threat.

“Only fools would think differently!” Trump added.


cnbc.com - Crude oil prices today iran war

Whether the base believes that, or not, only matters if there is a "free and fair" election next fall.

Trump vows legislative blockade until SAVE America voter-ID bill is passed

President Donald Trump threatened to withhold his signature from any bill that reaches his desk until Congress passes a controversial election measure known as the SAVE America Act, which would make it much harder for many Americans to vote.

“It must be done immediately. It supersedes everything else. MUST GO TO THE FRONT OF THE LINE,” Trump said in a Truth Social post on Sunday. “I, as President, will not sign other Bills until this is passed.”


cnbc.com - Trump save america act voter id

Trump the Great and Powerful has spoken. Tremble at the greatness of God On Earth Trump.

in the time it took me to compose this post, WTI has already fallen back to $116 and change. See? No worries. But you should be eager to sacrifice everything you hold dear for the greater glory of the Trump.

Steve
Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to Steve203 here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 86,214 posts about US Policy. The article-length ones it recommended most:
It's going to get worse · 33 recs · 2025
G’day Donny · 30 recs · 2026
Old Related Story · 28 recs · 2026
HCR is a national treasure · 27 recs · 2025
Fascism in America · 27 recs · 2025
Unthreaded | Threaded | Whole Thread (4) |


Announcements
US Policy FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of Politics | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community