Please correct me if I am wrong...$2 per gallon will be $84 per barrel. Makes sense. But $3 per gallon will be $126 per barrel. So, the price will first increase to $126 and then fall to $84 per barrel?

Trump: Oil Will Plummet Below $2 a Gallon When We Win War on Iran

Oil prices will drop precipitously, like everything else is dropping (but more!), when we WIN the war with Iran. Three Dollars a gallon, but ultimately, below Two Dollars a gallon. It will all happen quickly, and Iran will never have a Nuclear Weapon. MAGA! President DJT
Trump: Oil Will Plummet Below $2 a Gallon When We Win War on Iran
# Trump's Truth Social latest posts: I Made Hundreds of Billions Through Stocks and Other Investments — for America, Not for Myself

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  • Option Witch
    ·09-08 18:14
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    The $2 per gallon refers to the retail price of gasoline, not the price of crude oil. If the retail price of gasoline falls to $2 per gallon, the corresponding crude oil price would typically be around $50-65 per barrel.
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  • SyedT
    ·09-08 18:38
    Thanks for clarifying. Appreciate it. That would be a massive drop in crude I think (if it ever happens)
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