I love it when mariners in the US oil fields get across the board raises because it sometimes means all maritime sectors get raises. Any ideas if or when this will reflect in the US offshore oil fields? Increased activity, higher spot job rates, higher wages?
Not likely. The oil companies aren’t going to make huge capital investments to lower the price of oil. Especially when they view this situation as temporary. Even the Iranians need the straits open.
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I have absolutely no clue or context why Baron Trump is mentioned, meme’ed or why others thought his appearance on this thread was funny. This is why the center & right accuse some on the left of suffering from TDS.
But in real, non-obsession discussion, RigZone has an article from analysts saying the spike should be short lived. No pay raises for us 
.
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There was a viral post that Baron bought $30 mil of oil futures 2 days before the War with Iran started. It has generally been reported a false
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It’s not like the right was ever fixated Hunter Biden or his laptop or anything. Both sides play the silly derangement game. Some clever fellow just coined the phrase TDS to offer as any comeback to criticism of Trump. The excuse has been used so much it has no meaning any longer.
There is little doubt the strait itself will be reopened sooner rather than later. Will the ME stabilize enough to bring production back to normal? Remains to be seen.Meanwhile the oil companies and traders will enjoy the benefits.
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First of all, the reason I posted it was because, it was very relevant in a political cartoon kind of way, I wanted to use this creation of mine at least one more time, and because it was freaking funny! I damn near had the little bastard in a little mermaid costume, clam shell boobies and everything before Chat GPT started pissing backwards on me.
As to the matter of context, my good man, I think that it reflects poorly upon you to feign such ignorance. I think we can ALL agree that he’s a logical next in line choice (comedy vein at least) in the Trump chain of incompetents. In the old “Match Game” it would have been the “definitive answer”.
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Back to the actual topic…
Nah, like @tengineer1 said, a) it’s temporary. We’ll either run out of interceptors to stop the drones and negotiate a ceasefire, or the rest of the world will diplomatically force Iran to open the straits again… and b) every single boat company is too narrowminded to realize that the mariners are what keep their business able to make a profit (and if you’re Shane Guidry in particular, they’re what keep you able to put Rolex’s and Cartier’s on your family’s wrists at Christmas time for your annual Instagram post).
So no… we won’t see a dime I’m sure.
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