Oil Price Plunging. Thanks Biden!

[Harpy Eagle]

That wasn't Trump, moron.
View attachment 599719

 

[surada]

I ha

That wasn't Trump, moron.
View attachment 599719

I'vee known king Salman for decades. He liked Obama.

 

[elektra]

Actually the prices fell, do you not recall the claims of the oil price going negative? That is why production was cut both in the US and by OPEC and Russia thanks to Trump getting them to do so. In the US alone oil production was slashed 26% between Feb and Aug of 2020.

And now demand has come back far faster than production, and the results are the very high prices we are seeing. It is not just in the US, it is worldwide.

It is amazing how killing pipelines, ending oil leases, has such a dramatic effect.

It is a fact that the democrats are at war with oil, pushing green energy, driving up the cost of oil.

 

[Harpy Eagle]

It is amazing how killing pipelines, ending oil leases, has such a dramatic effect.

Except for the fact that since Biden took office US oil production is up 15% in a year. He really sucks at killing the oil industry!

 

[Concerned American]

Actually the prices fell, do you not recall the claims of the oil price going negative? That is why production was cut both in the US and by OPEC and Russia thanks to Trump getting them to do so. In the US alone oil production was slashed 26% between Feb and Aug of 2020.

And now demand has come back far faster than production, and the results are the very high prices we are seeing. It is not just in the US, it is worldwide.

Linkie, liar.

 

[Concerned American]

I ha
I'vee known king Salman for decades. He liked Obama.

Of course he did. And your ass sucks wind from the south too.

 

[Harpy Eagle]

Linkie, liar.

U.S. Crude Oil Production - Historical Chart

Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). Values shown are in thousands of barrels produced per day.

www.macrotrends.net

Oil prices went negative a year ago: Here's what traders have learned since

It’s been a year since the U.S. benchmark West Texas Intermediate crude futures settled at a negative price for the first time, and while prices have...

www.marketwatch.com

Trump calls on Russia and Saudi Arabia to cut oil production

Data released by the federal Energy Information Administration this week showed gasoline demand in the U.S. plummeting and oil inventories surging.

www.politico.com

Trump's own tweet....“Just spoke to my friend MBS (Crown Prince) of Saudi Arabia, who spoke with President Putin of Russia, & I expect & hope that they will be cutting back approximately 10 Million Barrels, and maybe substantially more which, if it happens, will be GREAT for the oil & gas industry!

 

[Concerned American]

U.S. Crude Oil Production - Historical Chart

Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). Values shown are in thousands of barrels produced per day.

www.macrotrends.net

View attachment 599731

Oil prices went negative a year ago: Here's what traders have learned since

It’s been a year since the U.S. benchmark West Texas Intermediate crude futures settled at a negative price for the first time, and while prices have...

www.marketwatch.com

Trump calls on Russia and Saudi Arabia to cut oil production

Data released by the federal Energy Information Administration this week showed gasoline demand in the U.S. plummeting and oil inventories surging.

www.politico.com

Trump's own tweet....“Just spoke to my friend MBS (Crown Prince) of Saudi Arabia, who spoke with President Putin of Russia, & I expect & hope that they will be cutting back approximately 10 Million Barrels, and maybe substantially more which, if it happens, will be GREAT for the oil & gas industry!

Go back to the birds moron. Politico? LOL, worse yet is get something current Market Watch from Last Updated: April 19, 2021 at 5:19 p.m. ET

 

[Harpy Eagle]

Go back to the birds moron. Politico? LOL, worse yet is get something current Market Watch from Last Updated: April 19, 2021 at 5:19 p.m. ET

I copied Trump's own tweets, his own words.

Yes, the Market Watch article was talking about the prices going negative.

Since you did not clarify what part you thought was a lie I backed it all up.

So of course you have to be dishonest and ignore what I posted.

 

[Concerned American]

Yes, the Market Watch article was talking about the prices going negative.

Last Updated: April 19, 2021 at 5:19 p.m. ET A year ago. and after prices increased by 50% Just STFU, you're a moron and you just remove any possible doubt when you post this shit.

 

[Harpy Eagle]

Last Updated: April 19, 2021 at 5:19 p.m. ET A year ago. and after prices increased by 50%

Yes I know you dumb fuck. You called me a liar when I said prices went negative, so I showed you it was true. Why is this so complicated for you?

 

[Concerned American]

Yes I know you dumb fuck. You called me a liar when I said prices went negative, so I showed you it was true. Why is this so complicated for you?

You stupid fuck--you quoted a story from April of 2021 about negative prices a year prior to that and you figure that is relevant to price increases that were a result of EOs that were signed four months before the story. There is absolutely no logic or relevance. The vegetable's policies are responsible for the record increases and your a fucking idiot for not being able to grasp it. Whoever you work for is getting fucked.

 

[Harpy Eagle]

You stupid fuck--you quoted a story from April of 2021 about negative prices a year prior to that and you figure that is relevant to price increases that were a result of EOs that were signed four months before the story.

I said the prices went into the negatives in 2020, you called me a liar. So then I proved that they did and you are still ranting and raving like a mad man.

Is this really all you have?

 

[surada]

Of course he did. And your ass sucks wind from the south too.

I have known him since the1950s. Better as an adult. He's a fine man.. authentic.

 

[elektra]

Except for the fact that since Biden took office US oil production is up 15% in a year. He really sucks at killing the oil industry!

You seem lost. I never mentioned the democrats killing the oil industry?

We were speaking price and you brought up consumption.

Now you want to discuss if the Democrats want to kill the oil industry?

Prices of what consumers pay for gasiline have doubled, food prices have soared and will go much higher when food yields are down because of the Democrats oil policy.

California is in high gear to destroy the oil industry. We must pray that profits destroy the democrats battle against oil.

Should we continue with cap and trade, 15% tax on oil.

How about the pressure on banks to not finance oil.

Or we can bring up california banning cars.

How about the movement to end California's oil production?

All this and more.

There is no place in modern America for democrats. There is no place in the world for Democrat policies.

 

[Harpy Eagle]

We were speaking price and you brought up consumption.

Yes, price and consumption go hand in hand.

You seem lost. I never mentioned the democrats killing the oil industry?

You said this.,..."It is a fact that the democrats are at war with oil,"....seems that war and killing go together, but you are correct, you did not use that word.

 

[elektra]

Yes, price and consumption go hand in hand.



You said this.,..."It is a fact that the democrats are at war with oil,"....seems that war and killing go together, but you are correct, you did not use that word.

Yet, in fact democrats are trying to shut down the oil industry.

That is another fact

 

[Harpy Eagle]

Yet, in fact democrats are trying to shut down the oil industry.

That is another fact

and they are doing a shitty job of it. Can they not do anything right?

 

[Concerned American]

You seem lost. I never mentioned the democrats killing the oil industry?

We were speaking price and you brought up consumption.

Now you want to discuss if the Democrats want to kill the oil industry?

Prices of what consumers pay for gasiline have doubled, food prices have soared and will go much higher when food yields are down because of the Democrats oil policy.

California is in high gear to destroy the oil industry. We must pray that profits destroy the democrats battle against oil.

Should we continue with cap and trade, 15% tax on oil.

How about the pressure on banks to not finance oil.

Or we can bring up california banning cars.

How about the movement to end California's oil production?

All this and more.

There is no place in modern America for democrats. There is no place in the world for Democrat policies.

Increases in fertilizer costs are also on the increase. Food prices are just beginning to rise. Produce is going to be out of reach except for those who grow their own.

 

[elektra]

and they are doing a shitty job of it. Can they not do anything right?

Shitty, they doubled the price of gas and food?

Democrats are very effective at hurting people