When oil hits at or below 60$ a barrell, hundreds of thousands of jobs will be lost in the oil industry and all the oil supporting industries, like transportation, boat parts, boat builders, food supply, all the way down to trash removal
Agree with you and democrats on that. It's the Republicans that don't give a shit
As long as we elect Republicans, oil will be the main source of fuel
And our grandkids won't be able to breathe
And again, Republicans won't give a shit
I don’t know why that’s making me smile. Maybe it’s the environmentalist in me contemplating schadenfreude. Maybe it’s the notion that oil is still powerful enough to pluck the peacock in the white house. But I’m smiling, even though I know my retirement funds are suffering today.
In a cynical way (probably the best way to view America right now) the average American doesn’t pay attention to or care about the stock market or tariffs or even higher prices, but for some reason they love them some cheap gas and that’ll probably override all the negatives.
True. But oil/gas prices dropping a lot quickly usually mean traders anticipate a bad economic patch in the near future, i.e. that people won't be driving much due to economic crunches. A gradual price is usually fine. Drastic and quick declines are usually bad.
The Lying King says tariffs are good for the economy!
But what he is doing is illegal that’s the homily!
The stock market is plummeting thanks to him!
The only one making money is Muskrat, The Lying King and their friends!
Probably will, I think the idea is a slowdown of all economic activity means less of a demand for transportation fuel.
Eg Gas was wicked cheap during Covid.
I'm in Texas BUT, I'm good with that. I HATE GOP MOFOs.....they are RUSSIAN ASSETS & NEED TO BE PURGED FROM AMERICA OTHERWISE WE WILL NEVER BE SAFE AGAIN.
Comments
That's when the real damage happens...
To Russia
Unless his deregulation radically cuts the cost of drilling and production, of course.
As long as we elect Republicans, oil will be the main source of fuel
And our grandkids won't be able to breathe
And again, Republicans won't give a shit
Everyone wins!
But what he is doing is illegal that’s the homily!
The stock market is plummeting thanks to him!
The only one making money is Muskrat, The Lying King and their friends!
Eg Gas was wicked cheap during Covid.
Drill baby drill is looking less likely.