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re: Oil Just Hit a 7yr High

Posted on 1/18/22 at 2:43 pm to
Posted by hubertcumberdale
Member since Nov 2009
6617 posts
Posted on 1/18/22 at 2:43 pm to
quote:

Oil Just Hit a 7yr High



quote:

Thanks pudding Joe!!!



Do you baws realize crude oil is a global commodity that is traded outside of the United States?
Posted by Scruffy
Kansas City
Member since Jul 2011
72422 posts
Posted on 1/18/22 at 2:47 pm to
quote:

Do you baws realize crude oil is a global commodity that is traded outside of the United States?


Do you realize that the anti-oil industry stance held and enacted by the current administration has had an impact on production and oil prices within the United States?

Yes, there are multiple factors, but Biden is not helping the situation at all.
This post was edited on 1/18/22 at 2:48 pm
Posted by notiger1997
Metairie
Member since May 2009
58565 posts
Posted on 1/18/22 at 2:48 pm to
quote:


Do you baws realize crude oil is a global commodity that is traded outside of the United States?




Some of us do. That's not to say that some of Biden/Dem policies aren't adding to the upward rise.

Speaking from a pure economic/market angle, but has happened over the past two weeks to cause such a big jump in a short amount of time?
Posted by Lsut81
Member since Jun 2005
80383 posts
Posted on 1/18/22 at 2:49 pm to
quote:

Do you baws realize crude oil is a global commodity that is traded outside of the United States?


Do you realize until Joe took office that the US was the largest oil producer in the world, which impacted the price of Crude

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