Market keeps trying to crawl out, but can't. Got back to around -400 after dropping more than 500, but now it's back to -480+.
1 posted on
01/15/2016 11:33:08 AM PST by
mykroar
To: mykroar
Maybe the USA should place a $25.00 per bbl tarrif on imported crude oil.
2 posted on
01/15/2016 11:34:38 AM PST by
central_va
(I won't be reconstructed and I do not give a damn.)
To: mykroar
Take that OPEC ! Hope Saudi tanks !
4 posted on
01/15/2016 11:42:51 AM PST by
Newbomb Turk
(Hey Newbomb, where's your brothers ElCamino ?)
To: mykroar
One well placed nuke would resolve a lot of problems.
5 posted on
01/15/2016 11:44:16 AM PST by
Cowboy Bob
(With Trump & Cruz, America can't lose!)
To: mykroar
How much of the DOW drop is due to the drop in oil company stocks?
Is this a widespread drop in the economy or just one sector?
6 posted on
01/15/2016 11:47:44 AM PST by
toast
To: mykroar
However, the low prices could suddenly cause some producers to go offline. This applies to Venezuela and Nigeria, the two largest non-Arab OPEC members, with both countries wracked by political instability. The low prices could cause either countries’ oil exports to stop, and that will send prices soaring again.
7 posted on
01/15/2016 11:53:14 AM PST by
RayChuang88
(FairTax: America's Economic Cure)
To: mykroar
If this keeps up for the next three months, we will be paying a dime less per gallon at the pump by Easter.
8 posted on
01/15/2016 12:01:09 PM PST by
Vigilanteman
(ObaMao: Fake America, Fake Messiah, Fake Black man. How many fakes can you fit into one Zer0?)
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