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DEVELOPING: Sources say Oil Patch executives have stormed the Hill to warn GOP leaders the tariff regime is tanking oil prices to a point which will undermine Trump's "Drill, baby drill!"
Paul Sperry on Twitter X ^ | April 9, 2025 | Paul Sperry

Posted on 04/09/2025 5:43:24 PM PDT by Macho MAGA Man

Paul Sperry @paulsperry_

DEVELOPING: Sources say Oil Patch executives have stormed the Hill to warn GOP leaders the tariff regime is tanking oil prices to a point which will undermine Trump's "Drill, baby drill!" and turn the Texas boom into bust. Crude has already plunged $15 with no bottom in sight ...

10:52 AM ยท Apr 9, 2025

(Excerpt) Read more at x.com ...


TOPICS:
KEYWORDS: oilandgasdrilling; paulsperry; petroleumindustry; tariffs; trump
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This is going to make a lot of oilfield workers upset if their rigs have to shut down.
1 posted on 04/09/2025 5:43:24 PM PDT by Macho MAGA Man
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To: Macho MAGA Man

And who exactly is paul sperry, and why should we believe him?


2 posted on 04/09/2025 5:49:17 PM PDT by Skwor
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To: Macho MAGA Man

$50/bbl oil seems about right for me.

Just get the C2H5OH out of the gasoline.


3 posted on 04/09/2025 5:50:19 PM PDT by Paladin2 ( )
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To: Skwor

Paul E. Sperry is an American conservative author, writer and investigative journalist. He is currently a reporter for RealClearInvestigations. Sperry previously served as Washington bureau chief for Investor’s Business Daily and WorldNetDaily, and has been a media fellow at the Hoover Institution.


4 posted on 04/09/2025 5:52:31 PM PDT by chuck allen
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To: Skwor

(And who exactly is paul sperry, and why should we believe him?)

Paul Sperry is a great conservative author, writer and investigative journalist. He is currently a reporter for Real Clear Investigations. He has written books and articles critical of the Bush and Obama. He’s anti-Muslim.


5 posted on 04/09/2025 5:56:54 PM PDT by Macho MAGA Man (The last two weren't balloons. One was a cylindrical object)
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To: Skwor

Oh for God’s sake. Sperry is a real reporter. Do your homework.


6 posted on 04/09/2025 5:57:10 PM PDT by John S Mosby ( Sic Semper Tyrannis )
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To: Macho MAGA Man

A little deflation never hurt anybody...............


7 posted on 04/09/2025 5:57:17 PM PDT by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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To: chuck allen

Thank you.


8 posted on 04/09/2025 5:57:22 PM PDT by Skwor
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To: Macho MAGA Man

Maybe now is the time to refill the SPR.


9 posted on 04/09/2025 5:57:40 PM PDT by VTenigma (Conspiracy theory is the new "spoiler alert")
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To: Paladin2

There will be no drill baby, drill at $50 oil.


10 posted on 04/09/2025 5:58:10 PM PDT by crusty old prospector
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To: John S Mosby

Yes I did not bother looking him up. One gets tired doing that all the time. Recently I have had to pay to find the actual court case opinions just to rebuff the libs here, so forgive my indiscretion on this one.


11 posted on 04/09/2025 6:00:01 PM PDT by Skwor
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To: Macho MAGA Man

And something else FReepers in the bargain, Russia’s oil valuation has dropped to below $50 a barrel, and the sanctions on Iranian isn’t helping prop up their value. The gas station can supply enough currency to continue to run.... the wars!!

Time to negotiate— with one from column A and one from Column B You get-— “eggroll”... ! Winning.


12 posted on 04/09/2025 6:00:13 PM PDT by John S Mosby ( Sic Semper Tyrannis )
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To: crusty old prospector

No- and oil from OUR patch won’t be at $50 a barrel. Russia is freaking out, and the Chinks aren’t helping them... or Iran. China was getting illegal Iran oil with Russia being tipped for getting it to them..... this is drastically changing right now.


13 posted on 04/09/2025 6:02:08 PM PDT by John S Mosby ( Sic Semper Tyrannis )
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To: All

Oh no cheap gas


14 posted on 04/09/2025 6:02:54 PM PDT by escapefromboston (Peace, commerce and honest friendship with all nations, entangling alliances with none.)
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To: crusty old prospector

OK, $51


15 posted on 04/09/2025 6:03:12 PM PDT by Paladin2 ( )
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To: Macho MAGA Man

$3.19 to fill up this afternoon. Way too high.


16 posted on 04/09/2025 6:05:41 PM PDT by Fester Chugabrew (Are you, or have you ever been, a Democrat?)
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To: Paladin2

17 posted on 04/09/2025 6:06:00 PM PDT by crusty old prospector
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To: crusty old prospector

3000 Million people in China and India have lot of cars, gasoline demand will never go down.


18 posted on 04/09/2025 6:07:07 PM PDT by Bobbyvotes (I am in mid-80's and I am not gonna change my opinions.)
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To: Macho MAGA Man

Government has been whipping oil back and forth like a terrier with a rat, especially with pipelines and refineries, permits and cancelled permits.


19 posted on 04/09/2025 6:07:26 PM PDT by lurk (u)
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To: Macho MAGA Man

Well, the Dims will need to try something else, that did not last long. They are going to get whiplash trying to follow Trump.


20 posted on 04/09/2025 6:07:33 PM PDT by Paperpusher (Gal 5:15 But if ye bite and devour one another, take heed that ye be not consumed one of another.)
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