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Yes it's a conspiracy to derail the Trump administration by crippling the entire globe.
well, oil is a conspiracy by SA to disable RU and they did co-ordinate intentionally with the drop in Chinese demand

so, there's that :flipoff2:
 
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The price gougers will step up their game. They kept oil prices from dropping too low the last few years, but at last consumers get a little relief. Funny how it comes at a time when car dealers can't get enough used cars to sell.
 

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But it doesn't matter since it's all a conspiracy by the lizard people inside the hollow earth.
The earth is not hollow dummy:shaking::shaking:

The lizard people are in the Dulce complex.
 

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Actually saw it dip below $20 for a brief moment. Never thought I would see that, I do remember gas less than $1 in the mid 90's.

I remember T Boone Pickens saying oil would never drop below $100 per bbl in about 2007ish, when he was pumping for wind energy subsidies. Wonder what the old codger would be saying now.

My best wishes to all of you in the business, this is going to be tough for a while. With a lot of the companies pretty highly leveraged, there is going to be a lot of pain, but likely also a lot of opportunity as the debt goes away with the failed companies.

SA really seemed to step on their dick with this latest caper, they are drawing down their own reserves and selling at a loss to prove their point to Putin (if my sources are right, the Russians hold the cards with reserves and cost point in production). Who blinks first? The other members of OPEC is my guess, as they are feeling more pain than the two main players. Did see the Feds intend spending the printing press money on restocking our reserves.
 

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Actually saw it dip below $20 for a brief moment. Never thought I would see that, I do remember gas less than $1 in the mid 90's.

I remember T Boone Pickens saying oil would never drop below $100 per bbl in about 2007ish, when he was pumping for wind energy subsidies. Wonder what the old codger would be saying now.

My best wishes to all of you in the business, this is going to be tough for a while. With a lot of the companies pretty highly leveraged, there is going to be a lot of pain, but likely also a lot of opportunity as the debt goes away with the failed companies.

SA really seemed to step on their dick with this latest caper, they are drawing down their own reserves and selling at a loss to prove their point to Putin (if my sources are right, the Russians hold the cards with reserves and cost point in production). Who blinks first? The other members of OPEC is my guess, as they are feeling more pain than the two main players. Did see the Feds intend spending the printing press money on restocking our reserves.
He died in 2019.
 

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read one article that POTUS used the low numbers to rehydrate the oil reserves. true?
Two or three press conferences ago he announced that was in motion. Seemed like a smart move.

Trump should have held more live press conferences these last four years. My opinion of him has gone up quite a bit and at the same time hearing things live really highlights the douchiness level of questions some of the reporters are asking.
 

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Actually saw it dip below $20 for a brief moment. Never thought I would see that, I do remember gas less than $1 in the mid 90's.
I remember in high school in the mid 90s driving the 2 hours to LA and back in my Ford Escort for $5.

I'm hoping to that now in my Land Cruiser. :flipoff2:
 

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Two or three press conferences ago he announced that was in motion. Seemed like a smart move.

Trump should have held more live press conferences these last four years. My opinion of him has gone up quite a bit and at the same time hearing things live really highlights the douchiness level of questions some of the reporters are asking.
Just as I thought. Corona Virus confirmed in Harry. The end of days are nigh. :flipoff2:
 

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I just ordered 9 cases of Stabil.

Anybody know how many of those 275gal chemical totes you can get on a 20ft trailer? We ain't buying gas again until next year.
 

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He died in 2019.
Was aware of that, guess I should have been more clear - like "wonder what the old codger would be saying now", IF he was alive

Two or three press conferences ago he announced that was in motion. Seemed like a smart move.

Trump should have held more live press conferences these last four years. My opinion of him has gone up quite a bit and at the same time hearing things live really highlights the douchiness level of questions some of the reporters are asking.
Second time in two days I am agreeing with Hairy J, either you have Kung Flu or I have gone senile. :flipoff2:

Stupid bitch today (2 of them) trying to make the whole Kung Flu deal racist. Really like that Orange Man just shuts them down, and won't change his phrasing to appease the PC crowd.

Lady doctor(s) both very impressive. Missed Fauci today, think he is too bearish for the markets so was not on show today
 

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I just ordered 9 cases of Stabil.

Anybody know how many of those 275gal chemical totes you can get on a 20ft trailer? We ain't buying gas again until next year.
bought worth picking up some old propane tanks :flipoff2:
 

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Discussion Starter #20
Replace "conspiracy" with strategy.
That's basically what I was referring to by 'coordinated'. The saudis (Salman, that is) waited for a global event to happen, and launched a full out attack on both Russia and the US shale market. They sold 10% of aramco a few months ago at the highest point in oil in the last few years, and now are driving the price down to put tons of US shale companies out of business.

This could take a couple years. :eek:
But, their plan has to end with higher prices again before they run out of cash. They'll have reconsolidated OPEC, and be back to their price controlling ways.
 
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