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Update, May crude oil futures now down to under $12

Posted on 4/19/20 at 8:16 pm
Posted by Tonio
Member since Dec 2019
1023 posts
Posted on 4/19/20 at 8:16 pm
Saudi Arabia can act like it ain’t no thing, but they are motherfricked if this keeps up.
This post was edited on 4/20/20 at 8:48 am
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
140462 posts
Posted on 4/19/20 at 8:17 pm to
TRUCK NUTS

Off On [BACK OFF]
Posted by Cosmo
glassman's guest house
Member since Oct 2003
120412 posts
Posted on 4/19/20 at 8:18 pm to
Will continue to drop until we open this shite uo.
Posted by lsu13lsu
Member since Jan 2008
11488 posts
Posted on 4/19/20 at 8:19 pm to
No way they anticipated this. They cut off their nose to spite their face.
Posted by lsu13lsu
Member since Jan 2008
11488 posts
Posted on 4/19/20 at 8:21 pm to
At $14.70 now
Posted by OysterPoBoy
City of St. George
Member since Jul 2013
35508 posts
Posted on 4/19/20 at 8:27 pm to
If you aren’t stocking up on Mobile 1 now your an idiot. I got enough to last 5 years and thinking about going back for more.
Posted by PrivatePublic
Member since Nov 2012
17848 posts
Posted on 4/19/20 at 8:32 pm to
Gas still $1.80 here.

frick gas.
Posted by The Boat
Member since Oct 2008
164342 posts
Posted on 4/19/20 at 8:33 pm to
It’s not from a lack of demand. I went to get gas today and every pump had a car at it.
Posted by lsu xman
Member since Oct 2006
15613 posts
Posted on 4/19/20 at 8:36 pm to
Crude oil futures down -1.xx at 23.xx??
Posted by BeepNode
Lafayette
Member since Feb 2014
10005 posts
Posted on 4/19/20 at 8:37 pm to
Good. Cheap raw materials to make energy, roads, and plastics from will help the economy rebound.

Posted by lsu xman
Member since Oct 2006
15613 posts
Posted on 4/19/20 at 8:45 pm to
Crude oil futures quotes

cme LINK
Posted by catfish66
Member since Jan 2018
14 posts
Posted on 4/19/20 at 9:13 pm to
I thought Trump just had to make a couple of phone calls and the price would jump back up.
Posted by t00f
Not where you think I am
Member since Jul 2016
90533 posts
Posted on 4/19/20 at 9:13 pm to
I just paid $1.55 for premium at Costco today. Crazy.

I;d rather pay $2.80 $3.00
Posted by East Coast Band
Member since Nov 2010
62889 posts
Posted on 4/19/20 at 9:33 pm to
If oil futures are down today does that mean Dow Jones futures are down , as well?
Posted by Pelican fan99
Lafayette, Louisiana
Member since Jun 2013
34827 posts
Posted on 4/19/20 at 9:45 pm to
Starting my next well in a week or so. Hopefully it lasts a few months and it’s back up by the time it’s done
Posted by bayoubengals88
LA
Member since Sep 2007
18997 posts
Posted on 4/19/20 at 9:50 pm to
quote:

Oil futures down another $3.00 to $15.27
Posted by go ta hell ole miss
Member since Jan 2007
13661 posts
Posted on 4/20/20 at 6:17 am to
quote:

Saudi Arabia can act like it ain’t no thing, but they are motherfricked if this keeps up.


If they we in such terrible shape they would just cut production. Their long term goal is working so far. Hurt other oil producers, particularly shales, and buy up stocks of oil companies at low prices. Once they cut production oil prices will go back up and those stocks will likely recover.

Forbes
This post was edited on 4/20/20 at 6:19 am
Posted by texag7
College Station
Member since Apr 2014
37574 posts
Posted on 4/20/20 at 7:29 am to
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134887 posts
Posted on 4/20/20 at 9:07 am to
This has to do with demand, not SA
Posted by Baws
Member since Jan 2020
520 posts
Posted on 4/20/20 at 2:02 pm to
I'm glad we spent trillions on those Middle East wars...
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