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Message
re: Oil suffers record plunge below $11 amid historic glut
Posted on 4/20/20 at 1:20 pm to TexasTiger1984
Posted on 4/20/20 at 1:20 pm to TexasTiger1984
quote:
What is a the current price of WTI June contracts? That’s more relevant
I think he just said $22 bbl
Posted on 4/20/20 at 1:20 pm to dukke v
(no message)
This post was edited on 10/18/21 at 4:51 pm
Posted on 4/20/20 at 1:21 pm to dukke v
-8.61 Now for May Contracts.
Posted on 4/20/20 at 1:21 pm to dukke v
quote:
Let me rephrase. At the point we are back to normal (no matter the date). The oil companies are gonna want to get theirs after what they are losing now.
Just stop. You’re really embarrassing yourself
Posted on 4/20/20 at 1:22 pm to dukke v
quote:
Ok.... Let me rephrase. At the point we are back to normal (no matter the date). The oil companies are gonna want to get theirs after what they are losing now.
And how, exactly, are the oil companies going to achieve this?
Posted on 4/20/20 at 1:22 pm to AllDayEveryDay
(no message)
This post was edited on 10/18/21 at 4:51 pm
Posted on 4/20/20 at 1:22 pm to dukke v
Massive truck nut selloff ahead. Great time if you need to upgrade your nuts.
Posted on 4/20/20 at 1:22 pm to dukke v
(no message)
This post was edited on 10/18/21 at 4:51 pm
Posted on 4/20/20 at 1:23 pm to dukke v
quote:
By July 4th we will be paying $4 a gallon for gas......

Posted on 4/20/20 at 1:23 pm to Lou Pai
quote:Yea, Scruffy wants in on this ban bet.
By July 4th we will be paying $4 a gallon for gas......
Posted on 4/20/20 at 1:23 pm to lostinbr
Did you like paying $3.50 for gas ??????? The oil producing factories liked that.
Posted on 4/20/20 at 1:24 pm to dukke v
quote:
The oil producing factories liked that.
Posted on 4/20/20 at 1:24 pm to Scruffy
Just because this is the OT, I will bet PeeJ that it won't be above $3.50 by July 4th.
I'm still amazed at how stupid he is.
I'm still amazed at how stupid he is.
Posted on 4/20/20 at 1:25 pm to dukke v
(no message)
This post was edited on 10/22/20 at 7:50 pm
Posted on 4/20/20 at 1:26 pm to dukke v
quote:Oh, you’re right.
Did you like paying $3.50 for gas ??????? The oil producing factories liked that.
The oil companies just got together and decided on that price.
No other outside factors.
Why don’t they just do that now? They could declare that each barrel is worth $100!
Rolling in the dough.
Posted on 4/20/20 at 1:26 pm to dukke v
quote:
The oil producing factories liked that.
Posted on 4/20/20 at 1:26 pm to dukke v
(no message)
This post was edited on 10/18/21 at 4:51 pm
Posted on 4/20/20 at 1:26 pm to dukke v
quote:
Did you like paying $3.50 for gas
Nobody “likes” that. But sometimes what is good for me personally is bad for the whole. I’d rather pay a little more for products so that hard working Americans are able to keep their jobs and investment portfolios aren’t trashed.
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