
A Disturbance in the Force... of Oil Prices
The Force is strong with this one... or at least his Twitter fingers are. Since 2009 this President Trump has been posting about oil prices more often than I meditate on the Dark Side. Goldman Sachs in their infinite wisdom (or perhaps fear?) have analyzed these missives and uncovered something... disturbing. It seems the man has a preferred price for crude and it's not exactly a boon for the U.S. shale industry. As I have told many rebel scum 'I find your lack of faith disturbing' and this is exactly the case when it comes to the shale industry.
Lower He Demands! (Or Sometimes Higher... Confusing It Is)
Two hundred thirteen times the report says he has called for lower prices. Fifteen times he's demanded higher ones. A most fickle leader. Apparently his sweet spot lies between $40 and $50 per barrel. Above $50 he cries for lower prices; below $30 he wants more U.S. production. The inconsistency is strong with this one.
Drill Baby Drill: A Sith Lord's Perspective
His trade advisor this Peter Navarro claims the 'drill baby drill' agenda is designed to push oil down to $50 to combat inflation. A noble goal perhaps but the path to the Dark Side is paved with good intentions. I sense a great disturbance in the balance of the oil markets! The force is strong with this one.
Sanctions and Elections: The Dark Side's Playbook
Interestingly he posts less about sanctions when WTI is in the $60s to $70s. And predictably he becomes quite vocal as elections draw near. A simple yet effective manipulation of the masses. It is not the way of the Sith but it is... effective.
A Grim Forecast: The Empire Strikes Out?
Goldman Sachs predicts lower oil prices in the coming years which aligns with Trump's... 'preferences.' However this could cripple the U.S. shale industry which needs at least $51 to break even. A most unfortunate outcome. It is as if millions of voices suddenly cried out in terror and were suddenly silenced. I fear something terrible has happened.
The Tariffs Menace: A Recession Looms?
His tariffs have sparked fears of a recession while OPEC+ floods the market. A potent combination for disaster. One CEO even warns that U.S. shale production has likely peaked. This Trump is indeed powerful but perhaps he should heed my advice: 'You don't know the power of the Dark Side!' Or in this case the power of the oil markets. If only he knew how right I was about the dark side!
daitran
He should use the Force to lower prices. It's the only way.