Historic Oil Glut

[Dana7360]

This is very interesting. Even though trump and putin convinced Saudi Arabia to cut back by 10 million barrels a day, it didn't stop the bleeding in the oil market.

The people and market have different ideas.

Now, companies can't find buyers for their oil and have no place to store it. Refineries are refusing new barrels of oil.

It really says something that our own president works to make sure the price of oil and gas stay high.

Oil plunges to lowest since 1986 amid historic glut

 

[JGalt]

It's your fault there's an oil glut. If you'd been out driving around more instead of staying home, that wouldn't have happened.

 

[eagle1462010]

People are staying at home.............wonder why there is so much oil in storage........DUH

Which way did he go George...................

 

[MarathonMike]

You do not understand the global importance of stability in oil prices. Oil is down TODAY over 57% to around 8 dollars a barrel. Do you have any comprehension of how many jobs and companies around the world will be lost if oil cannot be produced for a profit? Of course not in your little world everything is TRUMP BAD TRUMP BAD TRUMP BAD.

 

[there4eyeM]

Very unfortunate for the development of alternative energy. Now, we'll have to put up with inhaling internal combustion engine poison even longer.
For an intelligent species, humans don't display much evidence.

 

[eagle1462010]

 

[whitehall]

Funny that the same people who whine about an "oil glut" didn't seem to mind when the lines at the gas pump stretched a mile during Jimmy Peanut's disastrous single term.

 

[eagle1462010]

Funny that the same people who whine about an "oil glut" didn't seem to mind when the lines at the gas pump stretched a mile during Jimmy Peanut's disastrous single term.

Peanut head.......don't remind me.......another PATHETIC LOSER...........left our people to rot there for over a year.

 

[Polishprince]

This is very interesting. Even though trump and putin convinced Saudi Arabia to cut back by 10 million barrels a day, it didn't stop the bleeding in the oil market.

The people and market have different ideas.

Now, companies can't find buyers for their oil and have no place to store it. Refineries are refusing new barrels of oil.

It really says something that our own president works to make sure the price of oil and gas stay high.

Oil plunges to lowest since 1986 amid historic glut

The price of gasoline is sinking, its not staying high at all. The economy is shut down, you know, and that is reducing driving and the demand for gasoline. Hopefully GM takes the hint and re-launches the Cadillac Fleetwood Talisman with the traditional 500 ci V-8.

 

[JGalt]

Very unfortunate for the development of alternative energy. Now, we'll have to put up with inhaling internal combustion engine poison even longer.
For an intelligent species, humans don't display much evidence.

Now you only have 7 years and counting, not 10 like Greta said.

 

[progressive hunter]

This is very interesting. Even though trump and putin convinced Saudi Arabia to cut back by 10 million barrels a day, it didn't stop the bleeding in the oil market.

The people and market have different ideas.

Now, companies can't find buyers for their oil and have no place to store it. Refineries are refusing new barrels of oil.

It really says something that our own president works to make sure the price of oil and gas stay high.

Oil plunges to lowest since 1986 amid historic glut

the lower cost is due to lower usage,,,

I thought the leftist democrats were in favor of reduction of oil use???

WTF???

 

[MarathonMike]

This is very interesting. Even though trump and putin convinced Saudi Arabia to cut back by 10 million barrels a day, it didn't stop the bleeding in the oil market.

The people and market have different ideas.

Now, companies can't find buyers for their oil and have no place to store it. Refineries are refusing new barrels of oil.

It really says something that our own president works to make sure the price of oil and gas stay high.

Oil plunges to lowest since 1986 amid historic glut

The price of gasoline is sinking, its not staying high at all. The economy is shut down, you know, and that is reducing driving and the demand for gasoline. Hopefully GM takes the hint and re-launches the Cadillac Fleetwood Talisman with the traditional 500 ci V-8.

Nice, and on the flip side maybe Ford will quit making the Prius.

 

[Dana7360]

This is very interesting. Even though trump and putin convinced Saudi Arabia to cut back by 10 million barrels a day, it didn't stop the bleeding in the oil market.

The people and market have different ideas.

Now, companies can't find buyers for their oil and have no place to store it. Refineries are refusing new barrels of oil.

It really says something that our own president works to make sure the price of oil and gas stay high.

Oil plunges to lowest since 1986 amid historic glut

The price of gasoline is sinking, its not staying high at all. The economy is shut down, you know, and that is reducing driving and the demand for gasoline. Hopefully GM takes the hint and re-launches the Cadillac Fleetwood Talisman with the traditional 500 ci V-8.

Nice, and on the flip side maybe Ford will quit making the Prius.

Just how stupid are you and why do you like to show all of cyberspace how stupid and downright lazy you are?

Ford doesn't make the Prius.

Toyota does.

Wow you really like to make a fool of yourself to all of cyberspace don't you.

 

[eagle1462010]

This is very interesting. Even though trump and putin convinced Saudi Arabia to cut back by 10 million barrels a day, it didn't stop the bleeding in the oil market.

The people and market have different ideas.

Now, companies can't find buyers for their oil and have no place to store it. Refineries are refusing new barrels of oil.

It really says something that our own president works to make sure the price of oil and gas stay high.

Oil plunges to lowest since 1986 amid historic glut

The price of gasoline is sinking, its not staying high at all. The economy is shut down, you know, and that is reducing driving and the demand for gasoline. Hopefully GM takes the hint and re-launches the Cadillac Fleetwood Talisman with the traditional 500 ci V-8.

Nice, and on the flip side maybe Ford will quit making the Prius.

Just how stupid are you and why do you like to show all of cyberspace how stupid and downright lazy you are?

Ford doesn't make the Prius.

Toyota does.

Wow you really like to make a fool of yourself to all of cyberspace don't you.

 

[satrebil]

This is very interesting. Even though trump and putin convinced Saudi Arabia to cut back by 10 million barrels a day, it didn't stop the bleeding in the oil market.

The people and market have different ideas.

Now, companies can't find buyers for their oil and have no place to store it. Refineries are refusing new barrels of oil.

It really says something that our own president works to make sure the price of oil and gas stay high.

Oil plunges to lowest since 1986 amid historic glut

Good Lord you really have no understanding of economics do you.

Yes, oil prices need to be higher than they are. And it's not because Trump wants to be a big meany-head. It's because if they drop too low our entire oil production industry, which we've spent decades building to the point of independence, will collapse and we'll be right back to being reliant on foreign energy.

Now, what has this current crisis taught you about being dependent on a sovereign state for critical needs? Did you forget already?

 

[Polishprince]

This is very interesting. Even though trump and putin convinced Saudi Arabia to cut back by 10 million barrels a day, it didn't stop the bleeding in the oil market.

The people and market have different ideas.

Now, companies can't find buyers for their oil and have no place to store it. Refineries are refusing new barrels of oil.

It really says something that our own president works to make sure the price of oil and gas stay high.

Oil plunges to lowest since 1986 amid historic glut

The price of gasoline is sinking, its not staying high at all. The economy is shut down, you know, and that is reducing driving and the demand for gasoline. Hopefully GM takes the hint and re-launches the Cadillac Fleetwood Talisman with the traditional 500 ci V-8.

Nice, and on the flip side maybe Ford will quit making the Prius.

Just how stupid are you and why do you like to show all of cyberspace how stupid and downright lazy you are?

Ford doesn't make the Prius.

Toyota does.

Wow you really like to make a fool of yourself to all of cyberspace don't you.

Its not "stupid" to say that Ford make the Prius, its at worse misinformed.

But if you aren't going to buy the car, what the hell difference does it make? Its still a good point that the need for the Prius is over

 

[there4eyeM]

There was never a "need" for the Prius, and even less for all the faux frontiersmen S.U.V.s. It isn't about need.

 

[22lcidw]

If any politician in this nation is on vacation, they need to get back to their job or be removed or worse!

 

[blackhawk]

We no longer need the green new deal let’s dance!

 

[HereWeGoAgain]

This is very interesting. Even though trump and putin convinced Saudi Arabia to cut back by 10 million barrels a day, it didn't stop the bleeding in the oil market.

The people and market have different ideas.

Now, companies can't find buyers for their oil and have no place to store it. Refineries are refusing new barrels of oil.

It really says something that our own president works to make sure the price of oil and gas stay high.

Oil plunges to lowest since 1986 amid historic glut

The price of gasoline is sinking, its not staying high at all. The economy is shut down, you know, and that is reducing driving and the demand for gasoline. Hopefully GM takes the hint and re-launches the Cadillac Fleetwood Talisman with the traditional 500 ci V-8.

Nice, and on the flip side maybe Ford will quit making the Prius.

Just how stupid are you and why do you like to show all of cyberspace how stupid and downright lazy you are?

Ford doesn't make the Prius.

Toyota does.

Wow you really like to make a fool of yourself to all of cyberspace don't you.

Yeah...Ford made the Volt which is no longer in production.