Author states the physical spot oil price is $140 while futures are at $110, claiming this divergence is due to US manipulation of futures markets. Cites Reuters article on potential Treasury intervention. Argues that enforcing low prices leads to faster depletion of the commodity (oil), shortages, and ultimately a dramatic price spike, as seen in historical examples like the 1970s US gas lines. The author strongly implies that the physical oil shortage will overwhelm the paper manipulation, causing prices to spike "in the coming weeks," making a long oil position profitable. The predicted supply crisis may not materialize. Government intervention could be sustained or effective. Global demand may fall, mitigating shortages.
USO
HIGH
Apr 06, 15:29
Key Points
['Spot vs futures price divergence', 'Gov manipulation causing future spike', 'Shortages & rationing cited', 'Historical precedent of controls', 'Physical oil scarcity thesis']
April 06, 2026 at 15:29