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Flood Of Saudi Oil To Hit U.S. Shores As Prices Hit $10
oilprice.com ^
| Apr 20, 2020
| Tsvetana Paraskova
Posted on 04/20/2020 9:09:15 AM PDT by DannyTN
click here to read article
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1
posted on
04/20/2020 9:09:15 AM PDT
by
DannyTN
To: DannyTN
They're trying to kill our fracking operations. I know nothing about oil production so I don't know if they can pull it off.
2
posted on
04/20/2020 9:13:46 AM PDT
by
Gay State Conservative
(The Rats Can't Get Over The Fact That They Lost A Rigged Election)
To: DannyTN
The lowest gas price I’ve seen in MA is $1.97. Of course, I’m not driving around very much, looking for cheaper prices. I think prices should be lower, but the oil business wouldn’t survive.
3
posted on
04/20/2020 9:13:57 AM PDT
by
ClearCase_guy
(If White Privilege is real, why did Elizabeth Warren lie about being an Indian?)
To: DannyTN
Oil is fungible.
But we can guarantee a per bbl price for domestically produced oil.
Thus saving an industry and energy independence.
Worthy strategic and national security goals.
4
posted on
04/20/2020 9:14:17 AM PDT
by
Mariner
(War Criminal #18)
To: DannyTN
The Saudis have to dump the oil somewhere because they have no place to store them, even with excess tanker capacity.
5
posted on
04/20/2020 9:14:31 AM PDT
by
RayChuang88
(FairTax: America's Economic Cure)
To: DannyTN
$0.98 per gallon in my area. Will it go to $0.50 per gallon?
6
posted on
04/20/2020 9:15:34 AM PDT
by
Obadiah
(Kill the deep state or lose the Republic.)
To: DannyTN
We need to bomb Mecca and seize the oil fields
7
posted on
04/20/2020 9:15:36 AM PDT
by
DesertRhino
(Dog is man's best friend, and moslems hate dogs. Add that up. ....)
To: DannyTN
Turn those tankers around. We are full up. Let the sand-monkeys drink their oil.
8
posted on
04/20/2020 9:15:58 AM PDT
by
txrefugee
To: Mariner
Oil is fungible. But we can guarantee a per bbl price for domestically produced oil.Much easier would be to impose a tariff on the imported oil. And this would bring $ to the budget, while the guarantee would do the reverse.
9
posted on
04/20/2020 9:17:25 AM PDT
by
mvonfr
To: mvonfr
Trump is a business man; he is buying oil to fill up our reserves.
To: DannyTN
Looks like The Pride Mobile might be doing a double circuit
around the country.
Gas<$1/gal?
Alright!!!
To: txrefugee
Turn those tankers around. We are full up. Let the sand-monkeys drink their oil. Sorry...all our oil terminal workers are off sick with a virus infection.
12
posted on
04/20/2020 9:18:26 AM PDT
by
spokeshave
(Trump:....Bernie Sanders is a communist. ...thats gonna leave a Marx.)
To: DannyTN
13
posted on
04/20/2020 9:18:49 AM PDT
by
silverleaf
(President Trump: Do not trust China. China is asshoe!)
To: RayChuang88
Was this oil bought? Today a barrel is somewhere around $10, a drop of around 35%.
To: DannyTN
They are deploying their Oil Weapon...
To: mvonfr
Turn it into plastics and sell it back at a higher price. That would be much better than a tariff which we here would pay. It would put some people to work and bring cash back from the sale of the plastics.
16
posted on
04/20/2020 9:21:13 AM PDT
by
jimpick
To: ClearCase_guy
FYI: ‘Gas Buddy’ is a good source to see gas prices anywhere in the country.
17
posted on
04/20/2020 9:21:59 AM PDT
by
laplata
(The Left/Progressives have diseased minds.)
To: DannyTN
18
posted on
04/20/2020 9:22:43 AM PDT
by
MeneMeneTekelUpharsin
(Freedom is the freedom to discipline yourself so others don't have to do it for you.)
To: DesertRhino
Yes, we need to start another war because of cheap oil.
Brilliant.
To: MeneMeneTekelUpharsin
The crude oil producers in western Canada would kill for $10/bbl...
20
posted on
04/20/2020 9:24:27 AM PDT
by
Eric in the Ozarks
(Baseball players, gangsters and musicians are remembered. But journalists are forgotten.)
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