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Crude Prices Soar After Saudi Oil Disruption, Threatening Global Growth
wsj ^ | 9/15/2019 | By Amrith Ramkumar

Posted on 09/15/2019 3:33:13 PM PDT by RummyChick

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To: Captain Compassion

I might also say that with possible charges coming against the players in the conspiracy to frame Trump then this is a very convenient change of the narrative.


41 posted on 09/15/2019 4:46:25 PM PDT by Revel
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To: RummyChick

The damage will be worked around — production will be back to normal quickly, if the Saudis want it of be back to normal.\

Some speculators will lose their shirts, others will make a killing.

As other countries increase the use of fracking, there will be a world wide glut of oil and gas.


42 posted on 09/15/2019 4:46:35 PM PDT by Born to Conserve
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To: RummyChick

Our oil producers will up their output. They don’t want the President to use the reserve to lower prices. Illogical.


43 posted on 09/15/2019 4:48:02 PM PDT by Sacajaweau
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To: Meatspace

But the WSJ also reported:

Saudi Officials Say Oil Production to Return to Normal Levels by Monday

http://www.freerepublic.com/focus/f-news/3778779/posts


44 posted on 09/15/2019 4:48:13 PM PDT by McGruff
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To: dp0622
Sad that there weren’t massive deaths though.

You are toxic.

45 posted on 09/15/2019 5:05:51 PM PDT by M. Thatcher
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To: RummyChick

Pretty much a push for the US these days, now that we’re virtually not importing oil anymore.


46 posted on 09/15/2019 5:09:53 PM PDT by BobL (I eat at McDonald's and shop at Walmart - I just don't tell anyone.)
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To: Magnum44

Then there are those who believe that there are no conspiracies. That is why the attempted coup against Trump was able to be carried out. Because that just could not happen in our justice department. Those who don’t believe that conspiracies exist- make it very easy for conspirators to carry out their plans and get away with them.


47 posted on 09/15/2019 5:17:12 PM PDT by Revel
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To: Revel

>I might also say that with possible charges coming against the players in the conspiracy to frame Trump then this is a very convenient change of the narrative.<

Clapper, Brennon, Comey and McCabe called in some markers? Perhaps.


48 posted on 09/15/2019 5:29:55 PM PDT by Captain Compassion (I'm just sayin')
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To: Revel

>I might also say that with possible charges coming against the players in the conspiracy to frame Trump then this is a very convenient change of the narrative.<

Clapper, Brennon, Comey and McCabe called in some markers? Perhaps.


49 posted on 09/15/2019 5:30:00 PM PDT by Captain Compassion (I'm just sayin')
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To: RummyChick; All

Seriesly, folks, we need to start wrapping this baby up. Donate today. [FReepathon LXXVII]
50 posted on 09/15/2019 5:45:05 PM PDT by onyx
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To: RummyChick

California gas prices will jump the most of anywhere. Those people are pissed, guaranteed! I bet that low grade tops $5/gal. That said, the gasoline company consortium of Tesoro, Chevron, and Valero are raking in cash.

G_d I’m glad to be out of there!


51 posted on 09/15/2019 5:49:12 PM PDT by know.your.why
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To: henkster

Bet me?


52 posted on 09/15/2019 5:55:23 PM PDT by gogeo (The left prides themselves on being tolerant, but they can't even be civil.)
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To: Revel

What a load of crap. I didn’t say there are no conspiracies. I said everything is not a conspiracy.

Sheesh. Some of the posters here are unhinged. Are you amongst them?


53 posted on 09/15/2019 5:57:12 PM PDT by Magnum44 (My comprehensive terrorism plan: Hunt them down and kill them.)
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To: RummyChick

I believe prices will close lower than open tomorrow. This is a speed bump.


54 posted on 09/15/2019 6:00:52 PM PDT by gogeo (The left prides themselves on being tolerant, but they can't even be civil.)
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To: RummyChick

There is no supply issue, just panic over nothing. Trump does not need to release any crude. Just wait it out.


55 posted on 09/15/2019 6:02:33 PM PDT by Captain Peter Blood
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To: Captain Compassion

1 USA, we export more than all the rest,
2 Russia, they are just around production cost.
3 Other Arabian concerns
4 Saudi, they have to dump profits into repair
5 Iran, they are under embargo.

We win


56 posted on 09/15/2019 6:02:33 PM PDT by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
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To: RummyChick

Until they are stopped, the Iranians and their axis friends will try to drive up oil prices for obvious reasons.


57 posted on 09/15/2019 6:04:00 PM PDT by familyop ("Welcome to Costco. I love you." - -Costco greeter in the movie, "Idiocracy")
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To: RummyChick

Destruction of all Iranian oil and military facilities might be the best way to deal with it.


58 posted on 09/15/2019 6:05:02 PM PDT by familyop ("Welcome to Costco. I love you." - -Costco greeter in the movie, "Idiocracy")
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To: RummyChick
What a crock of $hit.

Two days before these fires started Fox Business ( Stuart Varney ) reported there was a GLUT of oil and oil prices were expected to continue to fall.

America has also been declared to be "oil independent" thanks to fracking.

59 posted on 09/15/2019 6:15:31 PM PDT by VideoDoctor
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To: RummyChick
What a crock of $hit.

Two days before these fires started Fox Business ( Stuart Varney ) reported there was a GLUT of oil and oil prices were expected to continue to fall.

America has also been declared to be "oil independent" thanks to fracking.

60 posted on 09/15/2019 6:15:31 PM PDT by VideoDoctor
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