U.S. Oil Industry Grabs Another Crown From Saudi Arabia, & we currently are reaping lower prices

The Purge

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Aug 16, 2018
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Within the last 3 weeks gasoline has gone from $2.69 to $2.49 a gallon.....Thank you President Trump for removing the Surrender Monkeys restrictions....now if New York would only allow fracking...fucking DemonRAT governor Cuomo!

The U.S. topped Saudi Arabia in oil exports in June as Riyadh complied with OPEC's production cut deal and shale production surged, according to an industry report Wednesday. Crude oil prices fell.

Already the No. 1 producer of oil, the U.S. exported nearly 9 million barrels per day of crude and oil products in June, beating Saudi Arabia and Russia, the International Energy Agency said in its monthly oil market report.

Saudi Arabia then retook the U.S. as top producer in July and August as hurricanes forced halts to production and shipments. But the U.S. could reclaim the title of top oil exporter later this year. The IEA said crude exports alone could rise 33% from June levels to as much as 4 million barrels a day as new export infrastructure comes online in Q4.

"Booming shale production has allowed the US to close in on, and briefly overtake, Saudi Arabia as the world's top oil exporter," the IEA said in its report. "The installation of the necessary pipelines and terminals is continuing apace, which will ensure that the trend continues."

(Excerpt) Read more at investors.com ...

Saudi Arabia can still out produce us...but they need the higher prices to support the country
 
Saudi Arabia might be able to bomb us with the weapons we sold to them.

Soon they and Russia will come here to get our oil and if and when that happens , watch out.
 
Within the last 3 weeks gasoline has gone from $2.69 to $2.49 a gallon....
So what you bloody twit? Are you at all aware that over that same period the base market price has been between $52-$58 per bbl for WTI over the same period? That should put the p/gal at the pump at less that $1.50 per gal. The American consumer is getting fucked by Big Oil and the Orange One is clearing the way for that Cartel. Can we say price fixing by Big Oil?

The current price for WTI just this moment is $54.91 per bbl, numbnuts!
~~ Dow Jones Realtime Quote | Markets Insider ~~
 
Within the last 3 weeks gasoline has gone from $2.69 to $2.49 a gallon....
So what you bloody twit? Are you at all aware that over that same period the base market price has been between $52-$58 per bbl for WTI over the same period? That should put the p/gal at the pump at less that $1.50 per gal. The American consumer is getting fucked by Big Oil and the Orange One is clearing the way for that Cartel. Can we say price fixing by Big Oil?

The current price for WTI just this moment is $54.91 per bbl, numbnuts!
~~ Dow Jones Realtime Quote | Markets Insider ~~

You mean that $3.90 a gal. When the Surrender Monkey fucked up our economy and oil prices wasn't his fault....ignoramus

https://cdn.factcheck.org/UploadedFiles/oil-production.jpg
 
Within the last 3 weeks gasoline has gone from $2.69 to $2.49 a gallon....
So what you bloody twit? Are you at all aware that over that same period the base market price has been between $52-$58 per bbl for WTI over the same period? That should put the p/gal at the pump at less that $1.50 per gal. The American consumer is getting fucked by Big Oil and the Orange One is clearing the way for that Cartel. Can we say price fixing by Big Oil?

The current price for WTI just this moment is $54.91 per bbl, numbnuts!
~~ Dow Jones Realtime Quote | Markets Insider ~~

You mean that $3.90 a gal. When the Surrender Monkey fucked up our economy and oil prices wasn't his fault....ignoramus

https://cdn.factcheck.org/UploadedFiles/oil-production.jpg
Within the last 3 weeks gasoline has gone from $2.69 to $2.49 a gallon....
So what you bloody twit? Are you at all aware that over that same period the base market price has been between $52-$58 per bbl for WTI over the same period? That should put the p/gal at the pump at less that $1.50 per gal. The American consumer is getting fucked by Big Oil and the Orange One is clearing the way for that Cartel. Can we say price fixing by Big Oil?

The current price for WTI just this moment is $54.91 per bbl, numbnuts!
~~ Dow Jones Realtime Quote | Markets Insider ~~

You mean that $3.90 a gal. When the Surrender Monkey fucked up our economy and oil prices wasn't his fault....ignoramus

https://cdn.factcheck.org/UploadedFiles/oil-production.jpg
You mean that $3.90 a gal. When the Surrender Monkey fucked up our economy and oil prices wasn't his fault....ignoramus

https://cdn.factcheck.org/UploadedFiles/oil-production.jpg
How the Hell in your warped mind are you equating pricing per gallon of gasoline at a fixed point of $3.90/gal to a graph of total weekly crude oil production over a period of 10 years and blaming Obama for that fixed price per gallon when that production increase was primarily a result of the advent of hydraulic fracking!

Baffle me with bullshit, you will NOT!
 
Within the last 3 weeks gasoline has gone from $2.69 to $2.49 a gallon....
So what you bloody twit? Are you at all aware that over that same period the base market price has been between $52-$58 per bbl for WTI over the same period? That should put the p/gal at the pump at less that $1.50 per gal. The American consumer is getting fucked by Big Oil and the Orange One is clearing the way for that Cartel. Can we say price fixing by Big Oil?

The current price for WTI just this moment is $54.91 per bbl, numbnuts!
~~ Dow Jones Realtime Quote | Markets Insider ~~

You mean that $3.90 a gal. When the Surrender Monkey fucked up our economy and oil prices wasn't his fault....ignoramus

https://cdn.factcheck.org/UploadedFiles/oil-production.jpg
Within the last 3 weeks gasoline has gone from $2.69 to $2.49 a gallon....
So what you bloody twit? Are you at all aware that over that same period the base market price has been between $52-$58 per bbl for WTI over the same period? That should put the p/gal at the pump at less that $1.50 per gal. The American consumer is getting fucked by Big Oil and the Orange One is clearing the way for that Cartel. Can we say price fixing by Big Oil?

The current price for WTI just this moment is $54.91 per bbl, numbnuts!
~~ Dow Jones Realtime Quote | Markets Insider ~~

You mean that $3.90 a gal. When the Surrender Monkey fucked up our economy and oil prices wasn't his fault....ignoramus

https://cdn.factcheck.org/UploadedFiles/oil-production.jpg
You mean that $3.90 a gal. When the Surrender Monkey fucked up our economy and oil prices wasn't his fault....ignoramus

https://cdn.factcheck.org/UploadedFiles/oil-production.jpg
How the Hell in your warped mind are you equating pricing per gallon of gasoline at a fixed point of $3.90/gal to a graph of total weekly crude oil production over a period of 10 years and blaming Obama for that fixed price per gallon when that production increase was primarily a result of the advent of hydraulic fracking!

Baffle me with bullshit, you will NOT!
In other words I can't bullshit a bullshitter.....first thing that makes sense with you!
 
Saudi Arabia might be able to bomb us with the weapons we sold to them.

Soon they and Russia will come here to get our oil and if and when that happens , watch out.
But if trump is still in office when they kill us all that will be good, right?

I don't want to die before my time. Let them take tramp, the cause of it.
36064445_1904140579648653_8776246077117431808_n.jpg
 

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