Oil industry analysts (and, ahem, at least one CNN journalist) are eating a lot of humble pie lately. by 6ixStringJack

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Oil industry analysts (and, ahem, at least one CNN journalist) are eating a lot of humble pie lately.

POSTED BY: 6IXSTRINGJACK
UPDATED: Saturday, June 27, 2026 23:48
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Saturday, June 27, 2026 11:48 PM

https://www.msn.com/en-us/money/markets/how-trump-caused-the-biggest-o
il-shock-in-history-and-got-away-with-it-for-now/ar-AA26vyhI

Quote:
Despite the biggest oil supply shock in history, oil prices in recent months never approached their record set in 2008. Gas and diesel prices didn’t surpass their 2022 highs. And, as President Donald Trump predicted, oil prices have, in fact, fallen “like a rock” after the United States reached an agreement with Iran.

Losers.

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