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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 · Apr 9, 2025

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


TOPICS:
KEYWORDS: oilandgasdrilling; paulsperry; petroleumindustry; tariffs; trump
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To: Macho MAGA Man

I wouldn’t be against refilling the oil stolen oil from the SPR.


41 posted on 04/09/2025 6:51:29 PM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: Macho MAGA Man

Life of an oily. Ain’t it grand. I have weathered $9 oil, 3 booms, 3 busts, 3 bankruptcies, etc. Rich ony year and destitute the next, and I wouldn’t trade it for anything. My advice to younger employees is to save every nickle you can and live below your means. You will last longer and maybe make it to retirement.


42 posted on 04/09/2025 6:52:16 PM PDT by silent majority rising (When it is dark enough, men see the stars. Ralph Waldo Emerson)
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To: Paladin2
$50/bbl is too low. I have heard that domestic frackers need $60 to be profitable.We don't want to attack our own domestic energy companies.
43 posted on 04/09/2025 6:56:24 PM PDT by The_Media_never_lie
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To: Macho MAGA Man

90 day tariff moratorium.....problem solved.

PDJT is a class act.

Finesse or what ?

The Dow jumped over 2500 points today, oil is up.


44 posted on 04/09/2025 6:58:30 PM PDT by Candor7 (Ask not for whom the Trump Trolls,He trolls for thee!<img src="" width=500</img><a href="">tag</a>) )
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To: crusty old prospector

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

><

It would become shutter baby, shutter at $50 oil. I don’t think we want to crash our own energy sector.


45 posted on 04/09/2025 6:58:33 PM PDT by The_Media_never_lie
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To: Skwor

He’s someone you can trust. Maybe Leave Free Republic for a while. You’re not getting all the news here, trust me.


46 posted on 04/09/2025 7:17:11 PM PDT by roving
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To: The_Media_never_lie

I think many Americans, including Freepers, think that gasoline should be free. I wonder how much they pay for a gallon of milk or a six pack of Schlitz over the last fifty years.


47 posted on 04/09/2025 7:19:39 PM PDT by crusty old prospector
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To: Macho MAGA Man

More doom and gloom from the panic porn people


48 posted on 04/09/2025 7:23:50 PM PDT by Fledermaus ("It turns out all we really needed was a new President!")
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To: bigdaddy45

Yes. Every oil thread has people whining about the price of gasoline. “It should be free. I have to drive to make a living.”


49 posted on 04/09/2025 7:24:25 PM PDT by crusty old prospector
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To: bigdaddy45

Yes. Every oil thread has people whining about the price of gasoline. “It should be free. I have to drive to make a living.”


50 posted on 04/09/2025 7:24:28 PM PDT by crusty old prospector
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To: Skwor

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

They guy is the best of the best, but, in any case, low oil prices are VERY GOOD for the economy overall, although not good for oil workers.


51 posted on 04/09/2025 7:26:22 PM PDT by BobL
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To: Theoria

Who says? Sounds like 80s thinking. Fracking costs less.

Oil execs sound like farmers. Always whining. Not enough rain, we want government money. Too much rain, we want government money. Ah, just the right amount of rain, we want government money.

$50, $60, $70, $100. Good, bad, bad, good.


52 posted on 04/09/2025 7:29:10 PM PDT by Fledermaus ("It turns out all we really needed was a new President!")
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To: pepsi_junkie

Ooooooo oooooo oooooo i have the answer to this!

Slaves.


53 posted on 04/09/2025 7:42:40 PM PDT by Celerity
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To: Macho MAGA Man

Seems like a perfect time to refill the Emergency Oil Reserve. Take the funds not spent on Covid, Green New Deal, USAID, etc. to pay for it.


54 posted on 04/09/2025 7:55:59 PM PDT by RetiredTexasVet (Trump has arrived and it is awesome to have a real President.)
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To: Fledermaus
The drillers themselves.


55 posted on 04/09/2025 8:19:03 PM PDT by Theoria
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To: Celerity
Ooooooo oooooo oooooo i have the answer to this!

Slaves.

Euraka! I think you've found it!

56 posted on 04/09/2025 8:25:16 PM PDT by pepsi_junkie ("We want no Gestapo or Secret Police. F. B. I. is tending in that direction." - Harry S Truman)
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To: Paladin2

It might be right for you, but E&P companies won’t drill at those prices.


57 posted on 04/09/2025 8:27:47 PM PDT by Miami Rebel
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To: Fester Chugabrew

$3.86 In WA, away from Seattle pricing too.


58 posted on 04/09/2025 8:50:24 PM PDT by Glad2bnuts
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To: crusty old prospector

“Drill baby, drill is just a slogan for morons who always think that the price of gasoline is too high. They want money leftover from their fillups for lottery tickets.”

Idiot.

L


59 posted on 04/09/2025 8:54:47 PM PDT by Lurker ( Peaceful coexistence with the Left is not possible. Stop pretending that it is.)
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To: crusty old prospector

Bingo.

The promise of explosive oil production gains is crushed if the price won’t cover the loan to drill the well . . . a loan with INCREASING interest rates.


60 posted on 04/09/2025 9:02:41 PM PDT by Owen
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