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re: Oil prices plunge again today to 51.18

Posted on 12/14/18 at 11:42 am to
Posted by TOSOV
Member since Jan 2016
8922 posts
Posted on 12/14/18 at 11:42 am to
quote:

Oil prices fell on Friday after China reported slower economic growth,


Good those frickers need to be handled. Glad Trumps positions are showing up.

Biggest concern is letting them buy the panama canal. Thx Obama/Kerry.
Posted by Volvagia
Fort Worth
Member since Mar 2006
53590 posts
Posted on 12/14/18 at 11:44 am to
quote:

On the flip side I'm okay with this because it will force the state to balance the budget in the next Governors race.


Why are you okay with this?


The only place they are allowed by the state constitution to make budget cuts at is basically education and I believe health care.


It won’t force the state to tighten their belts, just undermine education while crying for more taxes.
Posted by GeorgeTheGreek
Sparta, Greece
Member since Mar 2008
69559 posts
Posted on 12/14/18 at 11:47 am to
Keep dropping baby! Cheaper gas!
Posted by TigerNlc
Chocolate City
Member since Jun 2006
33219 posts
Posted on 12/14/18 at 11:47 am to
quote:

China, the world's No.2 economy, on Friday reported some of its slowest growth in retail sales and industrial output in years, highlighting the risks of its trade dispute with the United States.

Guess I will have to buy a couple of fake jerseys to help them baws out.
Posted by Master_yoda88
Sweden
Member since Jul 2018
784 posts
Posted on 12/14/18 at 11:49 am to
If Louisiana wants to get on the path to a prosperous state, they have to fix the educational system. But sadly education is one of the first targets of budget cuts. So good to know where their priorities lie. Maybe start with the many useless state employee jobs?
Posted by Volvagia
Fort Worth
Member since Mar 2006
53590 posts
Posted on 12/14/18 at 11:54 am to
Again, they are essentially constitutionally obligated to.

If you want to bitch, push for a change in law that doesn’t protect literally everything else.

It’s a never ending cycle, they bloat their department’s in times of prosperity and then cut down further on education as band aid fixes.
This post was edited on 12/14/18 at 11:56 am
Posted by GeorgeTheGreek
Sparta, Greece
Member since Mar 2008
69559 posts
Posted on 12/14/18 at 11:57 am to
I mean, who would downvote cheaper gas!?
Posted by AA77
Member since Jan 2016
3871 posts
Posted on 12/14/18 at 11:59 am to
Going to be a small Xmas for Jaxon this year
Posted by NIH
Member since Aug 2008
124870 posts
Posted on 12/14/18 at 12:00 pm to
quote:

they have to fix the educational system


Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
141078 posts
Posted on 12/14/18 at 12:01 pm to
$51 is still a lot of money.
Posted by kjp811
Denver, CO
Member since Apr 2017
1128 posts
Posted on 12/14/18 at 12:01 pm to
Oil didn't plunge compared to what it has been the last month.

Natural Gas plunged off of its recent rally though.
Posted by Mr Perfect
Member since Mar 2010
17836 posts
Posted on 12/14/18 at 12:03 pm to
Yup
Dallas idiots thinking they have a deal at 2.35

Lmao
Posted by AA77
Member since Jan 2016
3871 posts
Posted on 12/14/18 at 12:05 pm to
The economy of Lafayette.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 12/14/18 at 12:13 pm to
quote:

Yup
Dallas idiots thinking they have a deal at 2.35

Lmao


I'll gladly pay 25 cents a gallon more once a month to not have to live in Livingston Parish
Posted by LSU316
Rice and Easy Baby!!!
Member since Nov 2007
30307 posts
Posted on 12/14/18 at 12:17 pm to
Time for China to bend the knee.
Posted by tigerinthebueche
Member since Oct 2010
38225 posts
Posted on 12/14/18 at 12:19 pm to
quote:

On the flip side I'm okay with this because it will force the state to balance the budget in the next Governors race


Posted by Mr Perfect
Member since Mar 2010
17836 posts
Posted on 12/14/18 at 12:19 pm to
Who lives in Livingston parish
Posted by Brazos
Member since Oct 2013
20557 posts
Posted on 12/14/18 at 12:20 pm to
It was $52 yesterday. This is a plunge?
Posted by Mudminnow
Houston, TX
Member since Aug 2004
34216 posts
Posted on 12/14/18 at 12:21 pm to
1.85 in Houston for 87 this morning.


The baws in west TX can still make money at $43 a barrel.
Posted by LSU316
Rice and Easy Baby!!!
Member since Nov 2007
30307 posts
Posted on 12/14/18 at 12:22 pm to
quote:

The baws in west TX can still make money at $43 a barrel.


Sure but they have to make up those profit losses somewhere.
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