Oil price drop means lost billions for Canada, CIBC says
http://www.freerepublic.com/focus/f-news/3237804/posts
Price Of Gasoline Drops Below $2 A Gallon In Tulsa Metro
http://www.freerepublic.com/focus/f-news/3237757/posts
The liberal media JUST WILL NOT STOP with this f’ing crap! Low oil prices are a gift from God that is a wonderful blessing for AMERICA at the expense of towel head terrorists, therefore, it MUST be a bad thing.
So what do stock investors do? If I wasn’t 20% oils already, I’d buy more at these prices.
But these "analysts" and the US Government didn't give a damn about how the unnatural, ultrahigh price of fuel affected the American family budget.
Be ready for whatever happens... at least you will have a tank full of cheap gasoline... for what that is worth... maybe to drive to the Social Security office, or to pick up your new EBT card or your free healthcare... or to change your voter registration to the Uniparty.
...hurting OPEC is a NoNo.Americans who are invested in energy, have jobs, and paying Federal & state Income Taxes...are being badly hurt...try to enjoy a little less this cheap energy...the pendulum will swing back once American Energy's back is broken.
Latest word is world war III just broke out in the financial world. The drop in oil prices also occurred with massive US short positions against the ruble. So the ruble was dropping like a rock, Russia fired back by jacking up interest rates with a shocking jump. That was causing a collapse of US short positions. So all trade in ruble/dollars had to be halted in the US. They are now forcing the long ruble traders to eat losses to cover the shorts.
....what’s going on? A global imbalance of supply and demand....
Occam’s Razor applies.
I bought diesel for $2.82 at Sam’s today