Skip to comments.
Crude Oil Is Crashing Again ($46.77)
BI ^
| 1-12-2015
| Myles Udland
Posted on 01/12/2015 5:47:20 AM PST by blam
Myles Udland
January 15, 2015
Good morning!
It is a new week and crude oil is making new lows.
(snip)
(snip)
(Excerpt) Read more at businessinsider.com ...
TOPICS: Campaign News
KEYWORDS: alwaleedbintalal; crude; cuba; energy; fracking; gas; hydrocarbons; iran; keystonexl; lebanon; oil; opec; petroleum; ruble; russia; saudiarabia; venezuela
Navigation: use the links below to view more comments.
first 1-20, 21-40, 41-52 next last
1
posted on
01/12/2015 5:47:20 AM PST
by
blam
To: blam
Just shows how manipulated oil prices really are.
2
posted on
01/12/2015 5:49:05 AM PST
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: blam
$1.65/gallon for unleaded regular here.
3
posted on
01/12/2015 5:51:03 AM PST
by
2ndDivisionVet
(The question isn't who is going to let me; it's who is going to stop me.)
To: central_va
$2.39 a gallon here this morning. Even with the Corbett Tax slathered on top.
To: blam
5
posted on
01/12/2015 5:51:42 AM PST
by
blam
(Jeff Sessions For President)
To: blam
What does anyone expect, with an illegal-alien, Saudi-funded Moslem Brotherhood operative posing as “President”?
To: blam
7
posted on
01/12/2015 5:53:10 AM PST
by
blam
(Jeff Sessions For President)
To: Arthur McGowan
is there an issue with low oil prices?
8
posted on
01/12/2015 5:53:22 AM PST
by
InvisibleChurch
(http://thegatwickview.tumblr.com/ http://thepurginglutheran.tumblr.com/)
To: central_va
Just shows how manipulated oil prices really are. It shows the effect of rising production and a global demand that is not keeping up with that increase. Also a lack of the ability of OPEC to act in unison so far.
9
posted on
01/12/2015 5:54:13 AM PST
by
thackney
(life is fragile, handle with prayer)
To: blam
Speculators can,t go against the trend in the short term. Too bad they can,t be made to take delivery.
10
posted on
01/12/2015 5:54:59 AM PST
by
Paladin2
To: Arthur McGowan
"What does anyone expect, with an (Anti-American) illegal-alien, Saudi-funded Moslem Brotherhood operative posing as President?"
11
posted on
01/12/2015 5:55:26 AM PST
by
blam
(Jeff Sessions For President)
To: blam
You left out sexual degenerate liar ... ask the Turks how it is that a homo is appointed by L4B as ambassador to their Islamic country.
12
posted on
01/12/2015 5:57:13 AM PST
by
MHGinTN
To: blam
I suppose we are supposed to be crying because the over inflated oil market that the Saudis have been desperately trying to keep propped up is collapsing. Boo hoo or whatever.
13
posted on
01/12/2015 5:58:01 AM PST
by
Durus
(You can avoid reality, but you cannot avoid the consequences of avoiding reality. Ayn Rand)
To: central_va
Compare the production growth to the demand growth over each quarter of 2014.
14
posted on
01/12/2015 5:58:29 AM PST
by
thackney
(life is fragile, handle with prayer)
To: Durus
that the Saudis have been desperately trying to keep propped Most of OPEC is complaining that Saudi won't try to limit production for OPEC to raise prices.
15
posted on
01/12/2015 5:59:33 AM PST
by
thackney
(life is fragile, handle with prayer)
To: thackney
The Saudis can’t limit production because of the way they are extracting oil and their storage is almost always full.
16
posted on
01/12/2015 6:02:20 AM PST
by
Durus
(You can avoid reality, but you cannot avoid the consequences of avoiding reality. Ayn Rand)
To: central_va; blam
$100 oil was a tax to re-capitalize the Too-Big-To-Fail banks.
Did you enjoy bailing them out?
One of these days the peasantry is going to figure out that they're nothing but milch cows for their Owners in the government & the FIRE industries.
Look at the NYPD bosses screaming about the quotas not being met (well, even though there are "no quotas")...
17
posted on
01/12/2015 6:05:19 AM PST
by
kiryandil
(making the jests that some FReepers aren't allowed to...)
To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; cardinal4; ColdOne; ...
It just goes to show you how market-driven oil prices are. Borrowing from a different context, suppliers can change the market, but can’t change the rules under which it operates.
18
posted on
01/12/2015 6:07:01 AM PST
by
SunkenCiv
(Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
To: Durus
because of the way they are extracting oil Can you explain what you mean by that claim?
19
posted on
01/12/2015 6:07:25 AM PST
by
thackney
(life is fragile, handle with prayer)
To: thackney
And you can bet that since its an election year, theyre already dusting off their three-point plans for $2 gas, Obama continued. Ill save you the suspense: Step one is drill, step two is drill, and step three is keep drilling. We heard the same thing in 2007, when I was running for president. We hear the same thing every year. Weve heard the same thing for 30 years.
Well the American people arent stupid, Obama said in a speech in Miami. You know thats not a plan especially since were already drilling.
You know there are no quick fixes to this problem, and you know we cant just drill our way to lower gas prices.
20
posted on
01/12/2015 6:08:17 AM PST
by
kiryandil
(making the jests that some FReepers aren't allowed to...)
Navigation: use the links below to view more comments.
first 1-20, 21-40, 41-52 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson