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Oil prices could fall below zero: Analyst
Fox Business ^
| March 18, 2020
Posted on 03/18/2020 12:12:24 PM PDT by 11th_VA
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To: Professional; timestax
[the media isnt honest either]
No way dude!!!
(the American public has been trained, quite well, by the liberal media. /Captain Obvious)
21
posted on
03/18/2020 12:19:38 PM PDT
by
SaveFerris
(Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
To: dfwgator
Trump IS buying for our reserves.
A point he covered in one of his daily press conferences.
22
posted on
03/18/2020 12:20:02 PM PDT
by
Buckeye McFrog
(Patrick Henry would have been an anti-vaxxer)
To: 11th_VA
Right! Oil producers are going to pay me to put gas in my tank?
23
posted on
03/18/2020 12:20:21 PM PDT
by
Chgogal
To: 11th_VA
Its time to make preparations for deflation.
24
posted on
03/18/2020 12:21:27 PM PDT
by
immadashell
(Save Innocent Lives - ban gun free zones)
To: 11th_VA
What does that mean? We'll pay for oil companies to put it back in the ground?
If crude goes to 0, you can bet gas will drop at least a nickel at the pump.
25
posted on
03/18/2020 12:21:46 PM PDT
by
IronJack
To: 11th_VA
Fall below zero?. So then I’ll be paid to buy gas?
26
posted on
03/18/2020 12:21:55 PM PDT
by
Bommer
(I am a MAGA-Deplorian! It is the way! It is the only way!)
To: 11th_VA
Just as I posted this, the price of oil shot up - go figure ...
27
posted on
03/18/2020 12:21:58 PM PDT
by
11th_VA
(May you live in interesting times - Ancient Chinese Proverb)
To: immadashell
Put if they keep printing money won’t that create inflation?
28
posted on
03/18/2020 12:22:00 PM PDT
by
dfwgator
(Endut! Hoch Hech!)
To: 11th_VA
Trump needs to hurry up and expand the petroleum reserve and scoop this up at these low prices while he can.
To: Texas Eagle
Yep. Can’t wait for the “Progressives’” (aka Commies’) reasoning for stagnant $4/gal pricing.
30
posted on
03/18/2020 12:22:27 PM PDT
by
caprock
To: 11th_VA
Economic Warfare, pure and simple.
31
posted on
03/18/2020 12:22:47 PM PDT
by
ImJustAnotherOkie
(All I know is The I read in the papers.)
To: immadashell
I may have to fire up the 427 dual quad 1961 Ford Starliner....
32
posted on
03/18/2020 12:22:55 PM PDT
by
pburgh01
(Negan all the MSM)
To: immadashell
Its time to make preparations for deflation. Does that mean cash is a good thing !
33
posted on
03/18/2020 12:23:01 PM PDT
by
11th_VA
(May you live in interesting times - Ancient Chinese Proverb)
To: discostu
Reminds me of that comical story of the Somali pirates who hijacked a tanker in the Indian Ocean a few years ago. The price of oil plummeted from $75 to around $30 over the course of the several weeks they held the ship for ransom. By the time they ran out of food and water on the ship, the owner of the ship and the owner of the cargo basically told them to go eff themselves. And eff themselves is what they did, if I remember correctly.
34
posted on
03/18/2020 12:23:12 PM PDT
by
Alberta's Child
("Oh, but it's hard to live by the rules; I never could and still never do.")
To: 1Old Pro
Take that electric vehicle lovers.
35
posted on
03/18/2020 12:23:47 PM PDT
by
taterjay
To: 11th_VA
They will pay us to buy it. And the state and fed will refund the taxes they put on it.
In your dreams.
36
posted on
03/18/2020 12:23:54 PM PDT
by
I want the USA back
(The US media is the most destructive, mendacious irresponsible institution that there is.)
To: 11th_VA
This is good news. They are trying to scare people into selling, guess why.
37
posted on
03/18/2020 12:25:28 PM PDT
by
SaxxonWoods
(Epstein pulled a Carradine, the bozo.)
To: 11th_VA
This will make St. Greta’s head explode
38
posted on
03/18/2020 12:26:12 PM PDT
by
shotgun
To: 11th_VA
If we ever needed a reminder, this whole mess just reinforced the fact that China, Russia, and even the Saudis are our enemies.
39
posted on
03/18/2020 12:27:46 PM PDT
by
NohSpinZone
(First thing we do, let's kill all the lawyers)
To: 1Old Pro
Old Abbott and Costello skit.
Sir, the car is out of gas. Throw it away and by another with a full tank.
40
posted on
03/18/2020 12:28:00 PM PDT
by
headstamp 2
(There's a stairway to heaven, but there's also a highway to hell.)
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