jmacvols1
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it means lower prices at the pump. Trump had gas at 1.87/gal and oil companies fared fine.There is a sweet spot for oil prices, between $65 and $75 per bbl. Below that and it's not profitable to drill and pump. Also when you see a sudden drop in crude it's an indicator probably the best indicator of a slowing global economy.
Heard anything on our Strategic Reserves lately?it means lower prices at the pump. Trump had gas at 1.87/gal and oil companies fared fine.
may be not a sign of recession but an oil glut in the market/market futures
--Eight OPEC+ members to hike output by 411,000 bpd in May
--Oil market had expected May hike of 135,000 bpd
--Decision may force compliance laggards to step up, analyst says
--Trump has called on OPEC to lower oil prices
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it's a buyers market. personally I will wait a little longer before buying in to see how low it goes, then unload money I set aside for occasions just as this....buy when others panic.
Trump didn't have gas that cheap. A global pandemic that he fumbled did.it means lower prices at the pump. Trump had gas at 1.87/gal and oil companies fared fine.
may be not a sign of recession but an oil glut in the market/market futures
--Eight OPEC+ members to hike output by 411,000 bpd in May
--Oil market had expected May hike of 135,000 bpd
--Decision may force compliance laggards to step up, analyst says
--Trump has called on OPEC to lower oil prices
======================
it's a buyers market. personally I will wait a little longer before buying in to see how low it goes, then unload money I set aside for occasions just as this....buy when others panic.
Not long ago you were swearing that wasn’t possible and only a tard would say that it was.
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You've spent how many years on this earth? And haven't been bothered to learn how to use 3 words that you use everyday properly.Uhhhh, you’re timeline is off.
Go back and see if you can figure out what u missedYou've spent how many years on this earth? And haven't been bothered to learn how to use 3 words that you use everyday properly.
And sorry, I don't care how much gas was a decade ago. Trump tanked the economy in 3 months, started a global trade war, allies included, cut hundred of thousands of jobs, implemented the biggest tax increase basically of all time, absolutely nuked our 401ks....but hey, 8 years ago gas was 75 cents cheaper....oh and we have Gulf of America. So much winning.
liberal media has you cooked good. Using words liked tanked and nuked to describe the economy and 401K while you were silent under Biden.You've spent how many years on this earth? And haven't been bothered to learn how to use 3 words that you use everyday properly.
And sorry, I don't care how much gas was a decade ago. Trump tanked the economy in 3 months, started a global trade war, allies included, cut hundred of thousands of jobs, implemented the biggest tax increase basically of all time, absolutely nuked our 401ks....but hey, 8 years ago gas was 75 cents cheaper....oh and we have Gulf of America. So much winning.
Dude seriously? You're ignoring the biggest leap in the graph that happened under BidenYou sure about that? May want to adjust your ceiling height. Love all the liberal investors coming out lately.View attachment 733097
