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To: DeplorableGirl

“Then again, the price of oil can be precarious.”

Yes and no. Now that we’re producing big-time, we have the option of price controls for the American market, if it came to that. But even that is unlikely to be needed, short of a big-time bad event happening (like the Saudis being taken out).

Being in Texas myself, I’m much more worried about the price of crude dropping too much, especially with Coronavirus possibly causing a deep recession everywhere.


35 posted on 02/19/2020 6:08:09 AM PST by BobL (I eat at McDonald's and shop at Walmart - I just don't tell anyone.)
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To: BobL

You make a good point. Crude is the thing.
And being energy independent certainly
helps!
Aggie or Horn fan?
LSU fan here.


67 posted on 02/19/2020 5:10:37 PM PST by DeplorableGirl
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