Maybe frackers should stop over producing when oil prices rise. That might stop oil prices from falling. You think?
realDonaldTrump’s economic outlook has mega-real estate blinders and as such he thinks he knows more about what drives the economy than he he really does. Even so, he is infinitely wiser on the economy than StBarack and the Dems. But wanting oil prices to tank is not smart.
We are seeing the fiscal demise of a power nation for the sake of perpetuating a dollar menu economy. Decades of subsidation has its comeuppance. People will wish for the days of complaining when it's time to pay for this drama at the end of corporate pillaging of US. Enjoy 👍🏽
HFI_Research realDonaldTrump has abandoned his populist base by using every tool at his disposal to continue the war on commodities. HFT, collusion, secret deals with Saudi, & letting Iran off the hook are all in the toolbox. HFT hurts the very people who elected him. A reckoning is coming.
Both the oil/gas industry and investors will eventually conceptualize that we have a President who is a personal financial failure, he blew his family fortune and ended up laundering criminal/Russian money to make it. So we voted for the King to put even more eggs in our basket?
Freeze the oil price at $50 a barrel this will keep gas prices at $2 a gallon.
POTUS has to play a long game even if it means we take some beatings in the short run. It doesn’t take much to recoup the losses in this business. He is playing it perfectly and balancing it across many vested interest groups.
He only wants his base,not oil producers
This conflict/ convergence of interests between opec and American shale and other oil companies on points of survival of fittest as well as oil interests with American and global consumers interests and the dielemma of Trump administration how to reconcile industry with commons.
Fracking basically is a buffer on oil prices. As oil prices rise because of increased demand, oil from fracking flows in, thus stabilizing oil prices. It really does not matter what president Trump says. Thee only way oil drops significantly is a global economic turndown
Making America great, every day Big D!
Trump is very confused at this point. He is an oil exporter.
They should see how bad it is in Alberta firethepm
Trump doesn't believe in a free market
Una gran administración republicana liderada por un gran presidente republicano Donald Trump y colaboradores. Desarrollo comercial, crecimiento económico, bienestar social, seguridad integral, prosperidad estabilidad laboral es el horizonte de los estadounidenses
Trump has threatened Germany and any investors in the Russia/Germany Nord Stream II pipeline with sanctions for refusing to buy U.S. gas. Trump wanted to sell LNG to Europe but Europe prefers Russia's gas.(”Trump threatened to withhold military help.
Everything Trump Touches Dies Casinos, USFL, Soybean Market, and now oil. IsThisWinning
At $50 a barrel, billions in tax breaks keep many oil projects profitable
First Trump destroyed our farmers. Now he's destroying our oil industry. And his followers love it.
Our scientists literally wrote the defacto book on climate science. We could have 'energy dominance' if we double downed on alternative energy, but our bureaucrats love that fucking oil money.
Trust our President!
Those poor big corporations, not making as big of a profit while our gas prices go down. So sad for them.
Translation: Record low oil prices helping MILLIONS OF AMERICANS, twisted into bad news by psychotic media out for revenge.
Many of them started out as affiliate marketers before they took the plunge into creating their own products.
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