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Old 11-04-2014, 03:16 PM
 
464 posts, read 635,257 times
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Does anyone really believe that oil prices will continue to drop after the election? If so, I have a Tappen Zee bridge to sell you.
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Old 11-04-2014, 04:17 PM
 
470 posts, read 1,047,277 times
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I just locked in with Petro over the weekend. Hopefully it was the right move. Didn't want to wait it out any more.
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Old 11-04-2014, 04:19 PM
 
332 posts, read 479,233 times
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I believe that right now pressure is being put on oil companies and large speculators (like goldman Sachs)to keep prices down in the world market, to hurt Russia economically. Saudia Arabia came out today and said that they will sell oil cheaper to the US and charge China a premium for its oil. But even with that, it will help put downward pressure on the price per barrel, to put further pressure on Russia, which depends greatly on oil revenue to keep is government and economy going.
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Old 11-04-2014, 04:33 PM
 
519 posts, read 444,449 times
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The Saudis are targeting the frackers. There's a revolution going on in US oil production. We're importing nearly 40% less oil from Saudi Arabia and they cannot have that. They are gunning for $50-$60 a barrel -- the price that will cause most US fracking producers to start losing money. Don't buy here, prices will be even lower soon.
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Old 11-04-2014, 06:25 PM
s13
 
744 posts, read 980,757 times
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Yes, the oil prices are dropping due to "the election." LOL
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Old 11-04-2014, 06:31 PM
 
Location: SW Florida
1,021 posts, read 861,232 times
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Quote:
Originally Posted by chetstash View Post
Does anyone really believe that oil prices will continue to drop after the election? If so, I have a Tappen Zee bridge to sell you.
Is that the old Tappan Zee or the new one?
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Old 11-04-2014, 09:53 PM
 
254 posts, read 483,684 times
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Quote:
Originally Posted by chetstash View Post
Does anyone really believe that oil prices will continue to drop after the election? If so, I have a Tappen Zee bridge to sell you.
will continue to drop. wait and see.......
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Old 11-05-2014, 04:15 PM
 
Location: In the basket
9,590 posts, read 11,187,047 times
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That would be great. I'm still paying off last years oil bill.
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Old 11-07-2014, 09:19 AM
 
1,610 posts, read 3,844,461 times
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By not keeping an oil tank full will cause condensation to form
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Old 11-07-2014, 10:28 AM
bg7
 
7,698 posts, read 7,640,977 times
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Quote:
Originally Posted by chetstash View Post
Does anyone really believe that oil prices will continue to drop after the election? If so, I have a Tappen Zee bridge to sell you.

Really. When are you writing your book that Obama is in charge of the Saudis? Let me know so I can avoid the launch date.
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