Has Trump's War slowed down your business?

[ucbruin]

Would that be twenty assignments or two....

 

[Zoe]

Maybe I should rephrase the question. Is anyone else’s business down because people are nervous about the war and delaying purchases and refi decisions? It’s happened in the previous wars.

Your liquidation assignments may go up soon with inflation across the board and people losing jobs.

 

[Zoe]

We have like 4 or 5 local news stations. They are interviewing people at the gas pump asking them how they feel. The overall response is not good.

 

[Dublin ohio]

Think its coincidence, I have gotten more. Trying to find patterns that are not there.

Same here. Got two this morning before 10 O'clock. Both of them about 25 miles away. Less than 2 gallons of gas for each one. Will cost me about $2 more than last week

 

[Terrel L. Shields]

The dramatic climb in oil prices is probably temporary.

 

[Elliott]

The dramatic climb in oil prices is probably temporary.

So I asked AI who bought oil today:

"No precise data exists on the exact number of barrels of oil bought worldwide at $100 or more on March 9, 2026. Oil prices surged past $100 per barrel (with Brent crude hitting around $101–$110 and WTI near $107) due to the US-Israel conflict with Iran disrupting supplies, but daily global trading volumes aren’t tracked or reported at specific price thresholds like this."

So how do they know the price of oil? The price had to intersect with quantity on the supply demand curve. If I buy any car on BringaTrailer I can see all the sales for years and click on a dot and see the car, its price, and who bought it, along with dozens of comments and a hundred pictures. I should be able to click on a barrel symbol and see who was stupid enough to buy oil today.

 

[shrubberyvaluation]

Maybe I should rephrase the question. Is anyone else’s business down because people are nervous about the war and delaying purchases and refi decisions? It’s happened in the previous wars.

Got 2 more refis since my last post on this thread. Are there others delaying keeping me from being totally swamped? Who knows.

 

[Terrel L. Shields]

The overall response is not good.

No one recalls that they paid more 20 years ago than they are now. Morons. The average consumer view is like a mule with blinders on. And Dems think gasoline is a right that they earned and should be cheap while at the same time wanting to tax the oil companies more, add tons of environmental things to the cost of running an oil company.

As for futures prices, that's not the real price paid by real buyers. Refiners often have hedged positions and fixed contracts which means they are still paying $50-65 a bbl for oil. Same with airlines. They hedge their jet fuel purchases for months and even years in advance. But they are price sensitive. By price alone, gasoline prices should have doubled when oil prices nearly doubled. Only spot markets are having to pay futures prices.

 

[Elliott]

So the price of oil per barrel isn't really the price. It seems real, but isn't, like when they get down to the little tiny things in an atom...turns out they are just forces (really strong forces). If you really press on the price of oil its like a cat in a box that dies if you open the lid and try to look at it.

 

[HVNY]

That hornets nest should have been sprayed 45 years ago.