Texas and Louisiana are in major pain. Energy stocks are going way down.
Even the Middle East will - if possible - be in more chaos.
Russia also hard hit with these prices. Perhaps that’s the point?
“Texas and Louisiana are in major pain. Energy stocks are going way down.”
It will be interesting to see what John Bel “Sloth” Edwards will do with this going on. We are preparing our rectums for tax increases here.
Dont forget Oklahoma. Oil people i know and speak with cast a lot of blame on Obama lifting the oil embargo on Iran. It is, along with other factors, destroying the oil industries. Along with Conservative states, which is a bonus for Obama.