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re: Oil plummets 7% to 55 dollars a barrel

Posted on 11/13/18 at 6:58 pm to
Posted by Wally Sparks
Atlanta
Member since Feb 2013
32407 posts
Posted on 11/13/18 at 6:58 pm to
Sweet
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 11/13/18 at 7:38 pm to
These are my favorite threads on the OT.
Posted by mmmmmbeeer
ATL
Member since Nov 2014
9695 posts
Posted on 11/13/18 at 7:40 pm to
quote:

I hate to risk sounding insensitive but who really gives a shite if the Saudis kill a Saudi journalist?



He was an American writer, living in Virginia, writing for the Washington Post.
Posted by kciDAtaE
Member since Apr 2017
17447 posts
Posted on 11/13/18 at 7:41 pm to
The inventories were higher than expected for longer than expected recently and that’s why it trended down lately. Trump comments and the strong dollar were why it went further down today
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 11/13/18 at 7:42 pm to
Washington post sucks. Bezos doesn’t care.
Posted by The Boat
Member since Oct 2008
175612 posts
Posted on 11/13/18 at 7:43 pm to
Oil is deader than bitcoin
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 11/13/18 at 7:43 pm to
Posted by hubreb
Member since Nov 2008
2082 posts
Posted on 11/13/18 at 7:48 pm to
quote:

The inventories were higher than expected for longer than expected recently and that’s why it trended down lately. Trump comments and the strong dollar were why it went further down today


I would agree/believe you if trends haven't been 85%+ correlleated for 20+ years
Posted by TT9
Global warming
Member since Sep 2008
90305 posts
Posted on 11/13/18 at 7:50 pm to
Hell yes!!!
Posted by LSU Delts
Louisiana
Member since Dec 2007
2614 posts
Posted on 11/13/18 at 9:15 pm to
Heard on the radio a few days ago the Saudi’s are going to cut back production I believe next month. Less oil on the market should make prices begin to rise.
Posted by udtiger
Over your left shoulder
Member since Nov 2006
112249 posts
Posted on 11/13/18 at 9:19 pm to
quote:

He was an American writer


No.

He wasn't
Posted by HoustonGumbeauxGuy
Member since Jul 2011
32644 posts
Posted on 11/13/18 at 9:39 pm to
You speak my language. Are you part of a commodity trading/marketing organization?
Posted by Ric Flair
Charlotte
Member since Oct 2005
13867 posts
Posted on 11/13/18 at 9:40 pm to
quote:

Oilfield honeys gonna have to cancel their pure barre memberships


Or they have to sell more essential oils/other random MLM products to make up the lost income.
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