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IronLionZion

(50,812 posts)
18. When oil prices got low around 2014-2016
Sun Mar 8, 2020, 10:20 PM
Mar 2020

Freepers claimed Obama was killing oil jobs in states like North Dakota and Montana out of spite. Trump openly campaigned on creating lots of jobs in fracking and shale since Hillary hates American workers so much.

Interesting to see who they blame this on since it's obviously Saudi Arabia but Trump won't be able to admit it.

They are now moving to flood the market with hundreds of thousands of barrels of additional oil per day and offering steep discounts to refineries around the world.

Analysts fear the move is the beginning of a price war between the Saudis and Russia — which will squeeze American shale oil producers as prices are heading sharply downward.


The dealmaker in chief is winning so bigly at everything these days. Maybe this is Joe Biden's fault this time.

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Ouch! machoneman Mar 2020 #1
I'd love to be a fly on the wall in Mar-a-Loco Dopers_Greed Mar 2020 #2
This week ... is going to be a rough one for the markets. BadGimp Mar 2020 #3
Thank God BidenBacker Mar 2020 #4
"No doubt all Biden's fault" left-of-center2012 Mar 2020 #5
We know one thing for sure BidenBacker Mar 2020 #7
Dow Stock Futures trading suspended James48 Mar 2020 #6
Isn't there a halt BidenBacker Mar 2020 #8
Circuit breakers have kick in. maddogesq Mar 2020 #34
After hours futures trading different than normal trading breaker switches SiliconValley_Dem Mar 2020 #29
I shorted the S&P Friday..... ashredux Mar 2020 #9
:) ashredux Mar 2020 #10
Dumb RICH luck! BidenBacker Mar 2020 #11
I use ETFs ashredux Mar 2020 #12
So if you have ETFs BidenBacker Mar 2020 #14
Oil Drops 31% in Worst Loss Since Gulf War left-of-center2012 Mar 2020 #13
No problem BidenBacker Mar 2020 #15
Circuitbreakers Anyone? BidenBacker Mar 2020 #16
Dow futures down 1200 and still declining GETPLANING Mar 2020 #17
Look at this shit BidenBacker Mar 2020 #19
When oil prices got low around 2014-2016 IronLionZion Mar 2020 #18
The good news is BidenBacker Mar 2020 #20
Some airlines will buy up extra jet fuel when it's cheap IronLionZion Mar 2020 #21
One good thing about oil plunging 30% today... BidenBacker Mar 2020 #22
Gold topped $1700 as bond yields plummet BidenBacker Mar 2020 #23
Check out the look on Vlad's face... BidenBacker Mar 2020 #24
He came to power on oil GusBob Mar 2020 #26
Yep BidenBacker Mar 2020 #27
I wonder if the remaining Koch brother gab13by13 Mar 2020 #32
We took our 401K out about a year ago and put it into a CD at our credit Union ribrepin Mar 2020 #25
Kick dalton99a Mar 2020 #28
Looks like the Democrats are going to inherit the usual Republican shitstorm devastation, again. NBachers Mar 2020 #30
Many folks have no idea how right you are BidenBacker Mar 2020 #31
built in circuit breaker comes into play at 5% down, so today will most certainly see that beachbumbob Mar 2020 #33
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