Oil Price Plunging. Thanks Biden!

[JusticeHammer]

OPEC and Russia have been playing games with the price by not ramping up their production to match the post-pandemic surge in demand. They want the price high because their domestic economies are totally dependent on the price of oil. Russia needs to keep the price above $60 to avoid recession.

Due to the pandemic, oil prices actually went negative for a while. Every oil producer got crushed.

Now they are trying to recoup their losses.

If the price of oil goes to low for their liking, they will cut production. That's what the part you quoted means.

And xiden enabled Russia. Stupid demscum.

 

[Turtlesoup]

Are you promoting another shut down of the economy? Why would you want that?

There is an election next year that the dems will lose their asses in, they are going to lock down the country----they will use omricon as the thinly veiled reason to drop election security. They also want more money---Biden is out today saying that the us should spend billions for innoculations for other countries especially in Africa. They want ot funnel money around likely Gates stands to profit as do many other dem/socialist/globalist billionaires. They have to lock down the economy to scare and torture people into allowing this money steal from the US and other western countries.

 

[pknopp]

There is an election next year that the dems will lose their asses in, they are going to lock down the country----they will use omricon as the thinly veiled reason to drop election security. They also want more money---Biden is out today saying that the us should spend billions for innoculations for other countries especially in Africa. They want ot funnel money around likely Gates stands to profit as do many other dem/socialist/globalist billionaires. They have to lock down the economy to scare and torture people into allowing this money steal from the US and other western countries.

Well if they do you will get your low gas prices again. That seems to be what you want so why the complaining?

 

[Fort Fun Indiana]

There is an election next year that the dems will lose their asses in, they are going to lock down the country----they will use omricon as the thinly veiled reason to drop election security. They also want more money---Biden is out today saying that the us should spend billions for innoculations for other countries especially in Africa. They want ot funnel money around likely Gates stands to profit as do many other dem/socialist/globalist billionaires. They have to lock down the economy to scare and torture people into allowing this money steal from the US and other western countries.

Embarrassing paranoid fantasy.

 

[surada]

And xiden enabled Russia. Stupid demscum.

No he didn't.. We started buying oil from Russia after Trump put sanctions on Venezuela.

Meanwhile , the Saudis announced they were increasing production by 3 million bpd between now and 2023.

 

[g5000]

There is an election next year that the dems will lose their asses in, they are going to lock down the country----they will use omricon as the thinly veiled reason to drop election security. They also want more money---Biden is out today saying that the us should spend billions for innoculations for other countries especially in Africa. They want ot funnel money around likely Gates stands to profit as do many other dem/socialist/globalist billionaires. They have to lock down the economy to scare and torture people into allowing this money steal from the US and other western countries.

How exactly would Gates profit off vaccinations?

He donated $750 million of his own money toward the development of the Astra Zeneca vaccine.

Every time someone has made this claim that Gates is profiting, and I ask them for evidence, they come up empty handed. So what do YOU have?

"I want to bleev it, so it must be true!"

 

[Phillip]

Well if they do you will get your low gas prices again. That seems to be what you want so why the complaining?

That seems to be what you want so why the complaining?

Like they told us in the military if your not bitching your not happy..And 99% of the Liberals here keep the Kotex industry in business.

 

[g5000]

Like they told us in the military if your not bitching your not happy..And 99% of the Liberals here keep the Kotex industry in business.

Shall we take a look at the forum and count how many topics have been started to whine about Biden/AOC/Democrats?

 

[Phillip]

Shall we take a look at the forum and count how many topics have been started to whine about Biden/AOC/Democrats?

Sure..I will bring the fucking cheese....Unless you got plenty.

 

[Fort Fun Indiana]

WTI crude futures erased early gains to fall towards $66 a barrel on Friday, after rising as much as 2% to above $68 tracking a sentiment of risk-off that took hold in markets. Early, a more bullish oil market was sustained by OPEC+ remarks, saying that are ready to quickly adjust output plans if demand suffered from measures to contain the Omicron variant. In the previous session, OPEC+ surprised markets when it stuck to plans to add 400,000 bpd supply in January, seen by analysts as a move meant to appease Washington. US deputy energy secretary David Turk previously said President Biden’s administration could adjust the timing of its planned release of strategic crude oil stockpiles if global energy prices drop substantially. Meanwhile, the producers have since calmed markets, saying they would meet again before their next scheduled meeting on Jan. 4, if needed, to review supply additions in light of virus-related developments. WTI crude is on track for its sixth weekly decline.​

Crude Oil - Price - Chart - Historical Data - News

Crude Oil increased 7.08 USD/BBL or 9.88% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Crude Oil - values, historical data, forecasts and news - updated on May of 2024.

tradingeconomics.com

Oil settles down $10/bbl in largest daily drop since April 2020


Go Joe Brandon!

It's really strange how all we heard about for 2 months from the cult was complaining about oil and gas prices. Now none of them seem to care.

It's almost as if they were pretending to care, to maintain their perpetual hissy fit.

 

[OKTexas]

I said earlier I will return to this topic from time to time to update the gas prices.

I can do the same for WTI Crude.

Okay.

.

 

[lantern2814]

Shall we take a look at the forum and count how many topics have been started to whine about Biden/AOC/Democrats?

Not 1/10th as many as you idiots have made to whine about Trump. And that’s just this week.

 

[eagle1462010]

There is an election next year that the dems will lose their asses in, they are going to lock down the country----they will use omricon as the thinly veiled reason to drop election security. They also want more money---Biden is out today saying that the us should spend billions for innoculations for other countries especially in Africa. They want ot funnel money around likely Gates stands to profit as do many other dem/socialist/globalist billionaires. They have to lock down the economy to scare and torture people into allowing this money steal from the US and other western countries.

 

[citygator]

Such leadership. Timed perfectly to pile on top of OPECs high inventory forecast and concern about Omnicron. This is the strategic leadership we sorely lacked under the prior administration. Coordinated, decisive, meaningful action. Not tweets. Go Brandon!!!!!

 

[pknopp]

Like they told us in the military if your not bitching your not happy..And 99% of the Liberals here keep the Kotex industry in business.

I'm pretty sure it's not the liberals bitching here.

 

[Phillip]

Not 1/10th as many as you idiots have made to whine about Trump. And that’s just this week.

Did they bring their own cheese with that "whine"?

I'm pretty sure it's not the liberals bitching here.

We. are all in this together no matter who's bitching so we all might as well to learn to live with who or what we vote for?

 

[pknopp]

Did they bring their own cheese with that "whine"?

We. are all in this together no matter who's bitching so we all might as well to learn to live with who or what we vote for?

It's all pretty much the same to me.

 

[g5000]

There is an election next year that the dems will lose their asses in, they are going to lock down the country----they will use omricon as the thinly veiled reason to drop election security. They also want more money---Biden is out today saying that the us should spend billions for innoculations for other countries especially in Africa. They want ot funnel money around likely Gates stands to profit as do many other dem/socialist/globalist billionaires. They have to lock down the economy to scare and torture people into allowing this money steal from the US and other western countries.

I find it ironic that you post this fearmonging horseshit and say it is the Dems who will fearmonger.

 

[22lcidw]

Such leadership. Timed perfectly to pile on top of OPECs high inventory forecast and concern about Omnicron. This is the strategic leadership we sorely lacked under the prior administration. Coordinated, decisive, meaningful action. Not tweets. Go Brandon!!!!!

We don't trust them. Biden hates America and Americans.

 

[Papageorgio]

You’d think morons would be done with this childish BS, but the children have got to play stupid moronic games. Have at it!