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Re Artificially Cheap Crude Oil

Posted by Mr.Copper @ 9:08 on August 3, 2017  

Cheaper gasoline is good for Americans. So help kill the Oil prices, and refineries can buy cheap, and sell cheap. Unfortunately, now Venezuela, their main export product is worthless. And I’m hearing some refineries might be getting less deliveries.

Venezuela being removed from the high $145/bbl oil gravy train and later with $26/bbl oil being “used” or sacrificed to help the US economy??  Globally speaking the USA has to be the most important economy. So all others have to be weaned off.

Re socialism or any gov’t for that matter. Even in my town. When the money is flowing in nicely, the politicians spend it to get votes. Then the money stops coming in, like now, and they have problems. Excess money should be saved for a rainy day.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.