Back in May 2026, @mikemcglone11 and I predicted oil would collapse to $50 before $200
Nobody believed us.
Now were on the verge of a fuel shortage due to so much refining capacity being destroyed in Russia and the Middle East, which creates an oil glut
Looks like @rcwhalen is predicting a fuel shortage and an oil glut too.
So much refining capacity has been Destroyed in Russia, the Middle East and US refiners go offline in August for maintenance.👇
If the Red Sear route is closed then basically India's fuel shipments get