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dutch777

(4,673 posts)

1. Lots of US oil businesses start losing money below $60 a barrel. Will be business and employment impacts. Surprised...

Reply to BumRushDaShow (Original post)

Mon May 5, 2025, 05:30 PM

May 2025

Donnie hasn't been scolding the Saudi's and others in OPEC+ about this. Of course, if he or the Israelis go after Iran militarily over their supplying the Houthis and/or their nuclear program, and the Iranians attack shipping in the Gulf or Gulf oil production facilities in other countries, that will spike prices. What the world economy needs is more rocking and jerking about.

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Highlight:

U.S. crude oil prices fall after OPEC+ agrees to surge production in June [View all] BumRushDaShow May 2025 OP

Lots of US oil businesses start losing money below $60 a barrel. Will be business and employment impacts. Surprised... dutch777 May 2025 #1

Russia will also lose with the lower prices BumRushDaShow May 2025 #2

That's true, it discounts off the prevailing benchmark and will lose Putin rubles. Thought we were going to... dutch777 May 2025 #3

I saw a recent article about the ghost fleet BumRushDaShow May 2025 #5

Really would not be hard to ID and track the tankers when they leave port. They turn their transponders off but... dutch777 May 2025 #9

The fatalist techbros need cheap energy for their AI and end times bunkers Clouds Passing May 2025 #4

I hope we can drink gas mdbl May 2025 #6

I expect some of the petroleum refinery "cracking" process BumRushDaShow May 2025 #7

Oil prices have fallen about 20% this year. patphil May 2025 #8

Latest Discussions»Latest Breaking News»U.S. crude oil prices fal...»Reply #1