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$80 oil is sending the market toward demand destruction, Morgan Stanley says
CNBC ^
| SEP 29 2021
| Natasha Turak
Posted on 10/01/2021 2:06:58 PM PDT by cutty
click here to read article
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1
posted on
10/01/2021 2:06:58 PM PDT
by
cutty
To: cutty
Biden needs to beg his Saudi overlords some more.
2
posted on
10/01/2021 2:10:05 PM PDT
by
Governor Dinwiddie
(LORD, grant thy people grace to withstand the temptations of the world, the flesh, and the devil.)
To: cutty
Talibiden is wrecking the world, not just the US
3
posted on
10/01/2021 2:11:00 PM PDT
by
RatRipper
(The Biden Adm is leading an attack against US citizens . . . pure evil.)
To: cutty
Be sure to thank Bugout Biden next time you fuel up.
4
posted on
10/01/2021 2:11:33 PM PDT
by
MNJohnnie
(They would have abandon leftism to achieve sanity. Freeper Olog-hai)
To: cutty
Demand destruction is the idea.
5
posted on
10/01/2021 2:11:44 PM PDT
by
griswold3
(When chaos serves the State, the State will encourage chaos)
To: cutty
Biden going hat in hand to his overlords....?
6
posted on
10/01/2021 2:14:22 PM PDT
by
Don Corleone
(leave the gun, take the canolis)
To: cutty
It’s going to be real difficult for the lying media to divert blame from biden and radical left wing agendas. Even leftists know America was better off under Trump because of our independence and America first policies.
The radical Democrat party is already at a stalemate within their own ranks. I hope they FAIL!!!
To: cutty
8
posted on
10/01/2021 2:19:15 PM PDT
by
Pollard
(Some people like to argue just to argue.)
To: cutty
wreck-it-biden managed to set us back to the Obama years in less than a year.
might be the only thing he is good at.
9
posted on
10/01/2021 2:21:02 PM PDT
by
cableguymn
(We need a redneck in the white house.... But the fact checkers said thein story was false!)
To: cutty
Glad to see this!!!
Months ago i moved a bunch of money into natural resource accounts as i knew biden would destroy the economy. Did the same early in 2009 and made a killing off obama’s economic illiteracy...
10
posted on
10/01/2021 2:23:12 PM PDT
by
God luvs America
(63.5 million pay no income tax and vote for DemoKrats...)
To: cutty
Soon we’ll be hearing stories about how the “unusually cold winter” is a consequence of “global warming.”
11
posted on
10/01/2021 2:25:31 PM PDT
by
Steely Tom
([Voter Fraud] == [Civil War])
To: cutty
The cure for high (/low) oil prices is high (/low) oil prices. In the first case, demand, and hence price, drops. In the second, low prices suppress supply, bringing about higher prices.
To: cableguymn
“wreck-it-biden managed to set us back to the Obama years in less than a year.
might be the only thing he is good at”.
That’s because Obama has been telling him what to do.
13
posted on
10/01/2021 2:28:46 PM PDT
by
laplata
To: cutty
They think $80 is “high”...lol. Writer is young or dumb.
I got back into oil Feb 1, just as Biden was cancelling our domestic production. Up around 40%.
14
posted on
10/01/2021 2:31:45 PM PDT
by
AAABEST
(NY/DC/LA media/political/military industrial complex DELENDA EST)
To: cutty
Biden cut our own oil supply and then this happens..........Bidens fault
15
posted on
10/01/2021 2:33:06 PM PDT
by
blueyon
(God, is who we need)
To: cutty
To: cutty
Nobody is more bullish on oil and energy than Biden.
17
posted on
10/01/2021 2:37:45 PM PDT
by
Theoria
To: cutty
Its ok...we've got 10 Million people not going to work anyway....
Does CNBC understand basic economics or only the political agenda of the Left?
18
posted on
10/01/2021 2:39:36 PM PDT
by
G Larry
(Those destroying the Constitution must demonize those who would defend it.)
To: cutty
And deep red Texas,Oklahoma and North Dakota are simply raking in even more money from the high oil prices
Thanks Dementia Joe.
To: Governor Dinwiddie
20
posted on
10/01/2021 3:03:33 PM PDT
by
Jewbacca
(The residents of Iroquois territory may not determine whether Jews may live in Jerusalem.)
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