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1 posted on 05/20/2015 11:34:41 AM PDT by bananaman22
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To: thackney

Ping.


2 posted on 05/20/2015 11:35:12 AM PDT by Army Air Corps (Four Fried Chickens and a Coke)
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To: bananaman22

Are they barracking us?
Will it be the opposite.. $90/barrel?


3 posted on 05/20/2015 11:39:28 AM PDT by Leep ("Soon you won't be able to live in America as a Muslim. The noose is tightening," Elton Simpson)
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To: bananaman22
I've long believed that we could have nuclear fusion power within a couple of years if investors around the world really believed that petroleum stocks were anywhere near depleted.

As it is, OPEC would open the taps just as any actual fusion power plant neared completion. They can collapse the price of energy any time they want.

Of course, alternative energy research plods along anyway, and sooner or later its going to happen.

4 posted on 05/20/2015 11:40:10 AM PDT by Steely Tom (Vote GOP for A Slower Handbasket)
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To: bananaman22
Could oil prices be in for yet another decline?

Since hussein bows to his mooselimb masters in the Middle East, there's no doubt that the price will plunge on their orders. The illegal regime also conspires with Soros and Buffett to damage the economy of Texas, Oklahoma and North Dakota -- all Conservative states. The damage is evident as this article reveals. During the President Reagan era, we enjoyed both low gas prices and moderate prices on oil, thus benefiting domestic energy producers. As a longtime shareholder in what's now XOM, I'm personally feeling the hurt from hussein's manipulations of the free market.

6 posted on 05/20/2015 11:50:29 AM PDT by re_nortex (DP - that's what I like about Texas)
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To: bananaman22

In March through May of 2008, Goldman was predicting $200 oil. They finally gave up on that pipe dream in October of 2014 when oil was collapsing. With that sorry record of forecasting, they should spend their time in their vaults counting their loot like Scrouge McDuck.


7 posted on 05/20/2015 11:57:37 AM PDT by txrefugee
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To: bananaman22

They must be long on the derivatives exposure.


8 posted on 05/20/2015 12:04:51 PM PDT by glorgau
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