
Drill Baby Doom?
Alright let's break this down. Seems like our former Commander in Chief the guy who loves to slap his name on everything has been busy on social media yapping about oil prices. Goldman Sachs – those guys are like the IRS of Wall Street they know everything – they've been digging through Trump's tweets posts whatever the hell he's been using. Turns out he's got a thing for cheap oil. Like REALLY cheap. We're talking 'hurts the shale industry' cheap. It's like watching a guy with a 'Drill Baby Drill' bumper sticker simultaneously kneecapping the oil rig. You gotta admire the cognitive dissonance. It is like me funding both Axe Capital and Ice Juice. Makes you wonder doesn't it? Is he playing 4D chess or just throwing darts at a board while yelling about 'fake news'?
$40 to $50: Trump's Sweet Spot
Goldman's saying Trump likes oil in the $40 to $50 range. Now that's not exactly a price that's gonna have shale CEOs popping champagne. More like them choking on it. Seems like when WTI goes above $50 he starts ranting. Below $30 he gets all patriotic and wants more production. Classic Trump: always a deal always a negotiation even with the damn oil market. This is the same guy who probably thinks he can strong arm OPEC with a tweet. Newsflash: They're not scared of your tiny hands Donny. But let's be real this inferred oil price preference makes it challenging for anyone trying to run an Oil business. Especially in the US.
Navarro's Nasty Plan
Apparently Peter Navarro the guy who looks like he hasn't slept since the '80s said this 'drill baby drill' agenda is all about driving oil down to $50 to fight inflation. Because you know destroying an entire industry is a small price to pay for a slightly cheaper gallon of gas. It's like me burning down a building to roast a marshmallow. Sure you get a perfectly toasted marshmallow but you also get arson charges and a whole lot of angry tenants.
Election Season Shenanigans
Goldman also noticed Trump tweets more about oil when elections are coming up. Shocker. It's all about the optics people. Make the rubes think you're fighting for them at the pump while quietly screwing over an entire sector. This is Politics 101 people. I guess it's the same playbook Chuck Rhoades uses. Everyone is predictable if you know where to look.
Shale's Silent Screams
And here's the kicker: shale producers are NOT happy. They're anonymously griping about Trump's policies to the Fed. Anonymously! That's how scared they are. It's like whispering behind your hand at a funeral. Diamondback CEO Travis Stice is saying shale production might have peaked. That's a big deal. We're talking about a potential downturn in American energy production. It's a disaster waiting to happen. They're getting punched in the face so hard by Trump's policies.
Goldman's Gloomy Forecast
So Goldman's predicting oil prices are gonna keep sliding. They're saying U.S. crude will average $56 this year and $52 next year. And if you believe that I've got a bridge to sell you in Brooklyn. But here's the takeaway: Trump's Twitter habits might actually be influencing the market. And that's terrifying. Because let's face it the guy's attention span is shorter than a TikTok video. It's like letting a toddler drive a tank. Fun to watch until someone gets hurt. I hope this has made you all better informed. I guess i have to get back to making more money.
dizhead
I'm buying up all the oil stocks I can find. This dip is temporary.
libi789
Someone needs to take Trump's phone away.
eki1
Goldman Sachs is always right, right? Oh wait...