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Author Topic: Oil Tops $50  (Read 2377 times)

Ben

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Oil Tops $50
« on: January 05, 2021, 04:25:34 PM »
Oil topped $50 for the first time in nearly a year. The Saudis are cutting production. I assume when the oil haters are sworn in, we'll be cutting production too via regs and punishments. Bets on $4 gas by July?

https://www.foxbusiness.com/markets/us-stocks-january-5-2021
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K Frame

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Re: Oil Tops $50
« Reply #1 on: January 05, 2021, 04:28:05 PM »
No bets. I'm expecting a HUGE crackdown on all kinds of drilling, because everyone knows... You can drill your way to lower gas prices.

And the whole American public must be punished soundly for daring to prove the Godbama wrong.
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charby

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Re: Oil Tops $50
« Reply #2 on: January 05, 2021, 04:35:55 PM »
Dollar is getting weaker, Oil prices in US dollars have to rise.
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bedlamite

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Re: Oil Tops $50
« Reply #3 on: January 05, 2021, 05:21:47 PM »
Quote from: charby on January 05, 2021, 04:35:55 PM
Dollar is getting weaker, Oil prices in US dollars have to rise.

That's OK, we'll just print more.
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charby

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Re: Oil Tops $50
« Reply #4 on: January 05, 2021, 05:29:35 PM »
Quote from: bedlamite on January 05, 2021, 05:21:47 PM
That's OK, we'll just print more.

With Biden/Harris faces on it.
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Iowa- 88% more livable that the rest of the US

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Ben

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Re: Oil Tops $50
« Reply #5 on: January 05, 2021, 06:13:35 PM »
Quote from: charby on January 05, 2021, 05:29:35 PM
With Biden/Harris faces on it.

Heck, lots of great leaders put their faces on their country's currency while they're in power.

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bedlamite

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Re: Oil Tops $50
« Reply #6 on: January 05, 2021, 09:36:39 PM »
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A plan is just a list of things that doesn't happen.
Is defenestration possible through the overton window?

Doggy Daddy

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Re: Oil Tops $50
« Reply #7 on: January 05, 2021, 09:52:08 PM »
Quote from: charby on January 05, 2021, 05:29:35 PM
With Biden/Harris faces on it.

You misspelled feces.
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charby

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Re: Oil Tops $50
« Reply #8 on: January 06, 2021, 08:03:13 AM »
Quote from: Doggy Daddy on January 05, 2021, 09:52:08 PM
You misspelled feces.

Pick it up from the clean end?
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WLJ

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Re: Oil Tops $50
« Reply #9 on: January 17, 2021, 10:16:13 PM »
Quote
According to CBC News, sources say the incoming president plans to rescind the Keystone XL pipeline permit through executive action on his very first day in office. The rescinding of the permit, allowing the pipeline to cross the Canadian border into the United States, will effectively kill the pipeline as well as all the jobs and economic activity associated with the project.
https://townhall.com/tipsheet/bronsonstocking/2021/01/17/biden-plans-to-rescind-keystone-pipeline-permit-during-first-day-in-office-n2583278
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Boomhauer

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Re: Oil Tops $50
« Reply #10 on: January 17, 2021, 10:20:01 PM »
All those red state conservative pipeliners have just got to be punished, along with the red state working stiffs trying to get to work in their pickup trucks.
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Quote from: Ben
Holy hell. It's like giving a loaded gun to a chimpanzee...

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the last thing you need is rabies. You're already angry enough as it is.

OTOH, there wouldn't be a tweeker left in Georgia...

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Ben

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Re: Oil Tops $50
« Reply #11 on: January 25, 2021, 06:29:15 PM »
People are already being laid off due to the Keystone shutdown, and facebook is flagging posts that point that out.

https://twitchy.com/brettt-3136/2021/01/25/hundreds-of-guys-already-laid-off-because-of-president-bidens-executive-order-on-the-keystone-xl-pipeline/
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Lennyjoe

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Re: Oil Tops $50
« Reply #12 on: January 26, 2021, 07:23:49 PM »
Gallon of gas up $0.15 per gallon here in my part of Ohio since inauguration
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Jim147

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Re: Oil Tops $50
« Reply #13 on: January 26, 2021, 07:46:55 PM »
So called experts are saying $65 a barrel by early summer.
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RoadKingLarry

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Re: Oil Tops $50
« Reply #14 on: January 26, 2021, 07:48:16 PM »
Quote from: Ben on January 25, 2021, 06:29:15 PM
People are already being laid off due to the Keystone shutdown, and facebook is flagging posts that point that out.

https://twitchy.com/brettt-3136/2021/01/25/hundreds-of-guys-already-laid-off-because-of-president-bidens-executive-order-on-the-keystone-xl-pipeline/

Between killing Keystone and shutting down the border wall it looks like Joe killed close to 10,000 US jobs his very first day in office. Probably quite a few in Canada as well.
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Jim147

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Re: Oil Tops $50
« Reply #15 on: January 26, 2021, 07:49:30 PM »
Some of the Canucks are calling for war.
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Sometimes we carry more weight then we owe.
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RoadKingLarry

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Re: Oil Tops $50
« Reply #16 on: January 26, 2021, 07:50:16 PM »
Quote from: Jim147 on January 26, 2021, 07:49:30 PM
Some of the Canucks are calling for war.

Joe would probably surrender.
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Jim147

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Re: Oil Tops $50
« Reply #17 on: January 26, 2021, 07:54:22 PM »
Some Canadian whiskey and the hot redhead I used to know up there would let me surrender happy.
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Sometimes we carry more weight then we owe.
And sometimes goes on and on and on.

BAH-WEEP-GRAAAGHNAH WHEEP NI-NI BONG

Boomhauer

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Re: Oil Tops $50
« Reply #18 on: January 26, 2021, 09:04:41 PM »
Quote from: RoadKingLarry on January 26, 2021, 07:48:16 PM
Between killing Keystone and shutting down the border wall it looks like Joe killed close to 10,000 US jobs his very first day in office. Probably quite a few in Canada as well.

The Facebook fact checks are calling the 11000 lost jobs number an “exaggeration”. They are running interference for him like crazy
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Quote from: Ben
Holy hell. It's like giving a loaded gun to a chimpanzee...

Quote from: bluestarlizzard
the last thing you need is rabies. You're already angry enough as it is.

OTOH, there wouldn't be a tweeker left in Georgia...

Quote from: Balog
BLOOD FOR THE BLOOD GOD! SKULLS FOR THE SKULL THRONE! AND THROW SOME STEAK ON THE GRILL!

K Frame

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Re: Oil Tops $50
« Reply #19 on: January 26, 2021, 09:21:28 PM »
Quote from: Jim147 on January 26, 2021, 07:49:30 PM
Some of the Canucks are calling for war.

Canada's version of war is a closed eye slap fight.
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RoadKingLarry

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Re: Oil Tops $50
« Reply #20 on: January 26, 2021, 09:35:45 PM »
Quote from: Boomhauer on January 26, 2021, 09:04:41 PM
The Facebook fact checks are calling the 11000 lost jobs number an “exaggeration”. They are running interference for him like crazy

Horrible exaggeration,  it was only 10994 jobs eliminated with the stroke of Joe's pen.
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If ye love wealth better than liberty, the tranquility of servitude better than the animating contest of freedom, go home from us in peace. We ask not your counsels or your arms. Crouch down and lick the hands which feed you. May your chains set lightly upon you, and may posterity forget that you were our countrymen.

Samuel Adams

Boomhauer

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Re: Oil Tops $50
« Reply #21 on: January 26, 2021, 09:37:53 PM »
Quote from: RoadKingLarry on January 26, 2021, 09:35:45 PM
Horrible exaggeration,  it was only 10994 jobs eliminated with the stroke of Joe's pen.

I expect a refresh of articles on how the oilfield workers should now just learn to code. Or maybe this time an even more out of touch clueless suggestion.
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Quote from: Ben
Holy hell. It's like giving a loaded gun to a chimpanzee...

Quote from: bluestarlizzard
the last thing you need is rabies. You're already angry enough as it is.

OTOH, there wouldn't be a tweeker left in Georgia...

Quote from: Balog
BLOOD FOR THE BLOOD GOD! SKULLS FOR THE SKULL THRONE! AND THROW SOME STEAK ON THE GRILL!

cordex

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Re: Oil Tops $50
« Reply #22 on: January 26, 2021, 10:58:22 PM »
Quote from: Boomhauer on January 26, 2021, 09:04:41 PM
The Facebook fact checks are calling the 11000 lost jobs number an “exaggeration”. They are running interference for him like crazy
The unions that represent most of those jobs are getting what they voted for.
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kgbsquirrel

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Re: Oil Tops $50
« Reply #23 on: January 27, 2021, 12:54:45 AM »
Quote from: Jim147 on January 26, 2021, 07:49:30 PM
Some of the Canucks are calling for war.

Tell em to roll on down, hell, we will throw them a continuous rolling parade down the interstate to D.C.  Please avoid damaging the monuments or museums.
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RocketMan

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Re: Oil Tops $50
« Reply #24 on: January 27, 2021, 10:00:16 AM »
Quote from: Ben on January 25, 2021, 06:29:15 PM
People are already being laid off due to the Keystone shutdown, and facebook is flagging posts that point that out.

https://twitchy.com/brettt-3136/2021/01/25/hundreds-of-guys-already-laid-off-because-of-president-bidens-executive-order-on-the-keystone-xl-pipeline/

It's much moar better to ship the oil by train, don't ya' know.  Can't be having any leaks of crude oil from that nasty pipeline.

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