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GOLDMAN: Oil Is On The Verge Of Plunging To $20
BI ^ | 9-11-2015 | Mike Bird

Posted on 09/11/2015 6:15:39 AM PDT by blam

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1 posted on 09/11/2015 6:15:39 AM PDT by blam
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To: blam

Dr Copper

2 posted on 09/11/2015 6:16:22 AM PDT by blam (Jeff Sessions For President)
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To: blam

And gasoline will remain at $2.50...


3 posted on 09/11/2015 6:17:49 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: blam

>> But oil could go even lower.

Of course it could.

Or it could stay about the same. Or go higher.


4 posted on 09/11/2015 6:19:21 AM PDT by Nervous Tick (There is no "allah" but satan, and mohammed was his demon-possessed tool.)
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To: blam

In general, whatever Goldman makes sweeping predictions about, BET THE OPPOSITE of it, like they are...


5 posted on 09/11/2015 6:21:06 AM PDT by tcrlaf (They told me it could never happen in America. And then it did....)
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To: MrB
And gasoline will remain at $2.50...

If we are lucky.

I have a set of these knives that Shell used to give away for filling up your 60's gas hog.


6 posted on 09/11/2015 6:21:44 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: blam

Sounds like Goldman is trying to drive down the futures price by talking it down. My guess is they are planning on bidding out a billion barrels at that price and then when it goes back up to $100 a barrel they can call it in.


7 posted on 09/11/2015 6:23:07 AM PDT by P-Marlowe (Tagline pending.)
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To: blam; Kartographer; Marcella; metmom

I’m counting on this, actually...


8 posted on 09/11/2015 6:23:09 AM PDT by Old Sarge (I prep because DHS and FEMA told me it was a good idea...)
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To: MrB
"And gasoline will remain at $2.50..."

The only explanation that makes sense is that ALL the financial Markets from stock to bonds to commodities are disconnected from reality now.

Does that mean manipulation? Probably... It's all run through 'puters now and thus very easy to manipulate but it would mean those in charge of the computers are running the game and that would mean LOTS of people must know or at the very least know that all is not kosher...

9 posted on 09/11/2015 6:23:40 AM PDT by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: blam

Saudis declaring oil war on iran, russia.


10 posted on 09/11/2015 6:26:31 AM PDT by gaijin
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To: blam

More money in the consumer’s pocket, lower transportation costs, good for economy - yeah!!!


11 posted on 09/11/2015 6:29:59 AM PDT by elpadre (AfganistaMr Obama said the goal was to "disrupt, dismantle and defeat al-hereQaeda" and its allies.)
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To: MrB

$2.05 where I filled up this morning in Virginia Beach.


12 posted on 09/11/2015 6:34:46 AM PDT by pgkdan (But as for me and my house, we will serve the Lord.)
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To: Nervous Tick

You are a genius!!! lol


13 posted on 09/11/2015 6:36:13 AM PDT by Night Hides Not (Remember the Alamo! Remember Goliad! Remember Mississippi! My vote is going to Cruz.)
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To: pgkdan

Well, I was exaggerating a bit. It’s $2.37 where I am.

The surprise is the recent decline in the price of diesel.


14 posted on 09/11/2015 6:36:45 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: gaijin

They can’t afford to anymore. They’re going broke.


15 posted on 09/11/2015 6:44:00 AM PDT by Bulwyf
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To: elpadre

You’re thinking small and not realizing how much this impacts jobs and recovery.


16 posted on 09/11/2015 6:44:59 AM PDT by Bulwyf
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To: blam

I love that word plunging ,,,, My wife has a dress with a plunging neck line and I love them two ,,,, I’m sorry I mean I love it Too .


17 posted on 09/11/2015 6:46:43 AM PDT by Lionheartusa1 ()-: 0bamanomics is the equal distribution of adolescent propaganda & indoctrination :-)
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To: tcrlaf

Like Boone Pickens they are talking their book. In house they are short oil.


18 posted on 09/11/2015 6:50:41 AM PDT by quantumman
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To: MrB

I would love to see $2.50 California gasoline.


19 posted on 09/11/2015 6:52:02 AM PDT by umgud
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To: blam

Bye-bye OPEC.


20 posted on 09/11/2015 6:53:22 AM PDT by E. Pluribus Unum (Is the Pope Catholic?)
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