To: central_va
dropping oils prices don’t hurt you ... but they are a decent leading indicator of a future economic slowdown ... which could cause layoffs ...
312 posted on
03/08/2020 8:50:28 PM PDT by
bankwalker
(Immigration without assimilation is an invasion.)
To: bankwalker
I am for a floating tariff on oil imports to keep the domestic price fixed at $50/bbl. Do it!!!!!
316 posted on
03/08/2020 8:54:20 PM PDT by
central_va
(I won't be reconstructed and I do not give a damn....)
To: bankwalker
dropping oils prices don’t hurt you ... but they are a decent leading indicator of a future economic slowdown ... which could cause layoffs …
My first guess is that the price drops are primarily related to China shutting down their factories, and no longer needing as much oil for a while. Other countries are probably contributing towards that.
368 posted on
03/08/2020 10:27:15 PM PDT by
lepton
("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
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