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1 posted on 04/24/2020 6:29:21 AM PDT by Enlightened1
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To: Enlightened1
We need a tariff on oil imports now Mr. President!!!

Save our jobs, protect our workers, raise huge revenues and do it now sir.

2 posted on 04/24/2020 6:31:45 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: Enlightened1

Trump has said nothing negative about them which makes me wonder if MBS is acting as a proxy for him to put pressure on Iran, Russia, Venezuela, etc.


3 posted on 04/24/2020 6:32:32 AM PDT by aynrandfreak (Being a Democrat means never having to say you're sorry)
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To: Enlightened1

Has someone already agreed to accept the shipments?


4 posted on 04/24/2020 6:34:33 AM PDT by Blood of Tyrants (Fauci wants you to believe that you get covid-19 and you die. It's fear mongering at its worst.)
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To: Enlightened1
Which is why with the US unable to store its own output, some 50 million barrels of Saudi oil are on their way to the United States and due to arrive in the coming weeks, piling even more pressure on markets already struggling to absorb a glut of stocks, Reuters and MarineTraffic reported.

I'm an "ignor-a-moose". Does that mean somebody here bought the oil? 50 million barrels of oil we don't evidently need are on there way here how?
5 posted on 04/24/2020 6:35:34 AM PDT by mmichaels1970
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To: Enlightened1

I’ve never trusted men that wear fan belts and shop towels on they’re heads.


7 posted on 04/24/2020 6:36:36 AM PDT by donozark (Sam Walton: It was paper when we started, and it's paper afterward.)
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To: Enlightened1

The Saudis cannot maintain their society if the price of oil remains this low. There will be hunger, disruption of their supply networks, social and political unrest. Sorry but cannot generate any sympathy for the 9/11 Saudis.


9 posted on 04/24/2020 6:39:19 AM PDT by allendale (.)
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To: Enlightened1
"the Saudis and Russians have declared war against US shale energy companies. It seems they weren't happy with American energy independence

Independence means using our own oil, and not having to import any from anywhere.

The oil glut will stop when the U.S. goes completely independent of any foreign oil. We can produce our own and use only our own.

Let the Saudis and Russians fight it out over exporting to other countries.
10 posted on 04/24/2020 6:41:25 AM PDT by adorno
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To: Enlightened1

“...fund manager, Kyle Bass, who tweeted earlier that “the Saudis and Russians have declared war against US shale energy companies....”
*****************************************************
I haven’t seen a single tanker with Russian oil. What I see is an endless stream of tankers WITH SAUDI OIL. I see the real enemy!


12 posted on 04/24/2020 6:42:38 AM PDT by House Atreides (It is not a HOAX but it IS A PRETEXT)
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To: Enlightened1

I’m already paying $2.50/Gallon here in Cali. If it goes any lower, I’ll be getting the gas for free and only paying taxes on it. LOL!!!!!


20 posted on 04/24/2020 6:54:10 AM PDT by Durbin
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To: Enlightened1

A lot of the comments are why are we accepting the product. Here’s a history of it and part of the graft involved:

https://en.wikipedia.org/wiki/Oil-for-Food_Programme

It indicates the OFF program ended, but it never really did as the bribes kept coming to this day as there are still two Saudi Arabian oil companies that are still producing and selling hot oil to us which we diplomatically are forced to accept even though we are one of the top three exporters of petroleum products in the world.

A little long but there’s an illegal action at every turn. I’m not a big fan of wikipedia but they’ve got this one pretty correct. They, at least, admitted this is a Clinton project his administration made up and he pushed in the 1995 as reparations....welfare.

rwood


24 posted on 04/24/2020 7:00:07 AM PDT by Redwood71
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To: Enlightened1

“...which sparked the current crude crisis and which will not stop until shale is completely crushed”

This is the goal of OPOC and Russia but shale will be crushed only if we let it. Since oil is absolutely necessary for national security it will and should be protected by any means necessary.


27 posted on 04/24/2020 7:04:11 AM PDT by billyboy15
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To: Enlightened1

Good time for us to start to get out of the ethanol monstrosity.


31 posted on 04/24/2020 7:09:58 AM PDT by 9YearLurker
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To: Enlightened1

Oil is a global commodity. Supply and demand govern the market. Demand has almost decreased by 50%. The Saudis and Russians depend heavily on oil revenue to exist. It is difficult to shut down major portions of the oil infrastructure. The only way to change things is to cut down on production and/or increase demand.

The amount of oil on the water is the result of a massive shut down of the global economy. The oil on tankers was put there long before the shutdown. The world consumed 90 million bbls of oil a day before the pandemic. To meet such demand, you have to have a huge amount of oil in transit, hence the glut. Shutting down production will not solve the immediate problem. The fastest way is to reopen our economy.


34 posted on 04/24/2020 7:12:56 AM PDT by kabar
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To: Enlightened1

Fake news

When dividing 150 by 3 and then adding 49 and taking the square root multiplied by 13, the writer gets 11.386.


35 posted on 04/24/2020 7:13:49 AM PDT by bert ( (KE. NP. N.C. +12) Progressives are existential American enemies)
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To: Enlightened1

Use it to fill a moat on the southern border and then light it on fire as a warning to others.


37 posted on 04/24/2020 7:19:28 AM PDT by glorgau
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To: Enlightened1

So buy it at cents on the dollar and replace our strategic oil reserve Obama sold off for cash.


38 posted on 04/24/2020 7:26:39 AM PDT by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
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To: Enlightened1

Did we sink all the Nazi U boats which were off our coast pummeling our supply ships during WW2? If not, this seems it can be cheaply fixed.


41 posted on 04/24/2020 7:31:59 AM PDT by Mouton (The media is the enemy of the people.)
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To: Enlightened1

That’s about 2 to 3 days worth of crude here in the US. We consume close to 8 billion barrels a year. Not something I’m going to get exited about.


43 posted on 04/24/2020 7:39:16 AM PDT by Dusty Road (")
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To: Enlightened1

I hope the restof the world realizes this is all China’s fault


46 posted on 04/24/2020 7:48:26 AM PDT by Jeff Vader
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To: Enlightened1

The main challenge is the ability of small producers to cover the payment on the loans they took out to build their oil field.


48 posted on 04/24/2020 8:04:02 AM PDT by Revolutionary ("Praise the Lord and Pass the Ammunition!")
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