Oil falls again

[JakeStarkey]

The world wide economic weaknesses continue as oil drops again. US stocks are down, but our economy keeps the rest of the world afloat. The Saudis seemed determined to break Russia's economy, which is based on oil.


Andrew Cullen | Reuters
An oil pumpjack operates near Williston, North Dakota.
Oil prices pared losses after U.S. crude briefly dipped below $30 on Tuesday, but remained under pressure on worries about the demand outlook and rising supply, while hopes for a deal between OPEC and Russia on output cuts faded.

Brent for April delivery had dropped $1.17, or 3.4 percent, to $33.07 a barrel by 10:53 a.m. ET (1553 GMT), off a session low of $32.23. It settled down $1.75, or 4.9 percent, in the previous session.

The front-month contract for West Texas Intermediate (WTI) was down $1.27, or 4 percent, at $30.35, having fallen as low as $29.81. It fell $2, or 5.9 percent, the session before.

Oil prices off lows after WTI dips below $30

 

[Hossfly]

1955 - The year I got my driver's license. Prices were low then and life was simpler. 'Course, we still had dirt roads, outhouses and honest Democrats.

What Things Cost in 1955:
Car: $1,950
Gasoline: 29 cents/gal
House: $17,500
Bread: 18 cents/loaf
Milk: 92 cents/gal
Postage Stamp: 3 cents
Stock Market: 488
Average Annual Salary: $5,000
Minimum Wage: 75 cents per hour

1955 Quick Facts

 

[Mr. H.]

The world wide economic weaknesses continue as oil drops again. US stocks are down, but our economy keeps the rest of the world afloat. The Saudis seemed determined to break Russia's economy, which is based on oil.


Andrew Cullen | Reuters
An oil pumpjack operates near Williston, North Dakota.
Oil prices pared losses after U.S. crude briefly dipped below $30 on Tuesday, but remained under pressure on worries about the demand outlook and rising supply, while hopes for a deal between OPEC and Russia on output cuts faded.

Brent for April delivery had dropped $1.17, or 3.4 percent, to $33.07 a barrel by 10:53 a.m. ET (1553 GMT), off a session low of $32.23. It settled down $1.75, or 4.9 percent, in the previous session.

The front-month contract for West Texas Intermediate (WTI) was down $1.27, or 4 percent, at $30.35, having fallen as low as $29.81. It fell $2, or 5.9 percent, the session before.

Oil prices off lows after WTI dips below $30

"Our economy" may be keeping the rest of the world afloat, but it is based upon lies of the Obama administration.

Do not believe anything that fucker tells you.

And BTW- Our economy too is based on oil. U.S. oil, not foreign oil.

Hike out of here you fucking idiot.

 

[Indeependent]

Drill! Baby, Drill!
NOT...With the exception of Exxon, the glut of oil is causing US companies to operate with bare bones crews.
So much for the Republican rallying cry.

 

[Mr. H.]

Drill! Baby, Drill!
NOT...With the exception of Exxon, the glut of oil is causing US companies to operate with bare bones crews.
So much for the Republican rallying cry.

We do what we do best. And we shall prevail, despite your sick fucking political bent on the topic.

 

[Indeependent]

Drill! Baby, Drill!
NOT...With the exception of Exxon, the glut of oil is causing US companies to operate with bare bones crews.
So much for the Republican rallying cry.

We do what we do best. And we shall prevail, despite your sick fucking political bent on the topic.

It's not political, it's real.
The only conditions under which US oil companies will invest the money to insure US oil independence is easily manipulated by other nations.

 

[Mr. H.]

Drill! Baby, Drill!
NOT...With the exception of Exxon, the glut of oil is causing US companies to operate with bare bones crews.
So much for the Republican rallying cry.

We do what we do best. And we shall prevail, despite your sick fucking political bent on the topic.

It's not political, it's real.
The only conditions under which US oil companies will invest the money to insure US oil independence is easily manipulated by other nations.

Get real, Negro.

 

[JakeStarkey]

The world wide economic weaknesses continue as oil drops again. US stocks are down, but our economy keeps the rest of the world afloat. The Saudis seemed determined to break Russia's economy, which is based on oil.


Andrew Cullen | Reuters
An oil pumpjack operates near Williston, North Dakota.
Oil prices pared losses after U.S. crude briefly dipped below $30 on Tuesday, but remained under pressure on worries about the demand outlook and rising supply, while hopes for a deal between OPEC and Russia on output cuts faded.

Brent for April delivery had dropped $1.17, or 3.4 percent, to $33.07 a barrel by 10:53 a.m. ET (1553 GMT), off a session low of $32.23. It settled down $1.75, or 4.9 percent, in the previous session.

The front-month contract for West Texas Intermediate (WTI) was down $1.27, or 4 percent, at $30.35, having fallen as low as $29.81. It fell $2, or 5.9 percent, the session before.

Oil prices off lows after WTI dips below $30

"Our economy" may be keeping the rest of the world afloat, but it is based upon lies of the Obama administration. Do not believe anything that fucker tells you. And BTW- Our economy too is based on oil. U.S. oil, not foreign oil.Hike out of here you fucking idiot.

You are parroting what I said. Mr. H., your unfounded anger, as usual, makes you look foolish.

 

[Mr. H.]

The world wide economic weaknesses continue as oil drops again. US stocks are down, but our economy keeps the rest of the world afloat. The Saudis seemed determined to break Russia's economy, which is based on oil.


Andrew Cullen | Reuters
An oil pumpjack operates near Williston, North Dakota.
Oil prices pared losses after U.S. crude briefly dipped below $30 on Tuesday, but remained under pressure on worries about the demand outlook and rising supply, while hopes for a deal between OPEC and Russia on output cuts faded.

Brent for April delivery had dropped $1.17, or 3.4 percent, to $33.07 a barrel by 10:53 a.m. ET (1553 GMT), off a session low of $32.23. It settled down $1.75, or 4.9 percent, in the previous session.

The front-month contract for West Texas Intermediate (WTI) was down $1.27, or 4 percent, at $30.35, having fallen as low as $29.81. It fell $2, or 5.9 percent, the session before.

Oil prices off lows after WTI dips below $30

"Our economy" may be keeping the rest of the world afloat, but it is based upon lies of the Obama administration. Do not believe anything that fucker tells you. And BTW- Our economy too is based on oil. U.S. oil, not foreign oil.Hike out of here you fucking idiot.

You are parroting what I said. Mr. H., your unfounded anger, as usual, makes you look foolish.

Unfounded anger? I don't make $10 profit on a barrel of oil, yet Obama wants to tax oil Imports at $10?

Get the fuck out, girl.

 

[JakeStarkey]

The world wide economic weaknesses continue as oil drops again. US stocks are down, but our economy keeps the rest of the world afloat. The Saudis seemed determined to break Russia's economy, which is based on oil.


Andrew Cullen | Reuters
An oil pumpjack operates near Williston, North Dakota.
Oil prices pared losses after U.S. crude briefly dipped below $30 on Tuesday, but remained under pressure on worries about the demand outlook and rising supply, while hopes for a deal between OPEC and Russia on output cuts faded.

Brent for April delivery had dropped $1.17, or 3.4 percent, to $33.07 a barrel by 10:53 a.m. ET (1553 GMT), off a session low of $32.23. It settled down $1.75, or 4.9 percent, in the previous session.

The front-month contract for West Texas Intermediate (WTI) was down $1.27, or 4 percent, at $30.35, having fallen as low as $29.81. It fell $2, or 5.9 percent, the session before.

Oil prices off lows after WTI dips below $30

"Our economy" may be keeping the rest of the world afloat, but it is based upon lies of the Obama administration. Do not believe anything that fucker tells you. And BTW- Our economy too is based on oil. U.S. oil, not foreign oil.Hike out of here you fucking idiot.

You are parroting what I said. Mr. H., your unfounded anger, as usual, makes you look foolish.

Unfounded anger? I don't make $10 profit on a barrel of oil, yet Obama wants to tax oil Imports at $10?

Get the fuck out, girl.

 

[initforme]

I hope it keeps falling until gas is less than $1 per gallon. What could that hurt?

 

[Mr. H.]

I hope it keeps falling until gas is less than $1 per gallon. What could that hurt?

It's already less than $1/gallon you twit. 50-70 cents of every gallon is taxes.
What could that hurt?
How old are you?

 

[JakeStarkey]

 

[eagle1462010]

Some projections say it will bottom out at $!6 a barrel..............................This is an ECONOMIC WAR against Russia and to save the Petro Dollar...........It is also being done to drive out the competition.................Fracking companies are falling into Bankruptcy....................the one sector after the crash that dominated the jobs in this country.