CEO of Exxon again 2-3 weeks from 160 a barrel oil


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Posted by russsmith on June 01, 2026 at 11:13:14

Said the surge will push up prices dramatically until we get "demand destruction" which is when everyone stops driving because of the cost of gas so then the price tanks.

Recession is coming, we are likely already in one. They lowered GDP for last quarter to 1.6, remember Trump told us 5. Lutnick said today we will be in a golden age soon, 6% quarterly GDP's.

It's amazing people were stupid enough to believe this


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