CNN’s ballsy enough to edit this out of context and scramble it even further. “Trump Congratulates Hundreds of Putins to Be President of the United States.”
Geezus man this guy is the greatest leader this world has ever seen. We are witnessing greatness right in front of our very eyes, and on a daily basis.
Yes, we are. George Washington, Ghengis Kahn, and Alexander the Great might give him a run for his money on the GOAT title though. They did some pretty big things too.
All 3 of your examples were able to hoist their black flag and start slitting throats. Our awesome leader has to do his maneuvering and battling with his two hands tied behind his back.
What the duck, he was literally the first world leader to actually do anything. They can’t even manipulate truths anymore they just straight up make shit up.
Trump: were banning travel from China
Everyone else: DAS RaYCisT! You better go hug a Chinese person and let them breath into your mouth!
I was the first person on here on record as saying Fauci was part of the ongoing coup attempt.
I wish I was wrong. Dr Doom big farma Fauci; we'll see if DJT knew this perfectly well by how he reacts. Although he's not always easy to read. He may continue holding these cards close to his chest. But Fauci would do no less damage if fired. I think it would be a bigger problem for MAGA, and I think DJT has been "keep your friends close, and your enemies closer."
Screw the media! The more they stop being honest and just report the news, the more they push people to alternative news sites that do. Funny how all the media outlets that just report the news are labled "alt-right outlets".
MSM is owned by globohomos. Fed came first. Then influence over academia via CFR and Rhodes Scholarships. Not sure when they bought up big pharma, but the timeline suggests 1964 at the latest.
While this is enough to wield substantial control and I have not been able to trace the same individuals to MIC, I have to think they own at least a substantial stake in that, too.
someone explain to me why the fuck i should be glad i have to pay more at the pump? if these retards want to dump $1/gallon gas on the market why should i be upset?
While it sucks to have to pay more at the pump, we're still the largest producer of oil in the world. This is one of our largest industries. Without them, we all end up hurting eventually, in terms of job losses and a major industrial loss and many other sectors reliant on the American oil industry.
While it sucks to have to pay more at the pump, we're still the largest producer of oil in the world. This is one of our largest industries. Without them, we all end up hurting eventually, in terms of job losses and a major industrial loss and many other sectors reliant on the American oil industry.
Love the name! Thanks for being so level headed. We have the best people!
This will be a lot like buying US made goods; we weren't willing to pay more for it and lost our middle class since the 80's. Looking at the job market now we can have it BACK.
Aside from the job losses, it's a strategic loss for the US, too.
If the price of oil is too low, there's no incentive to do exploration and drilling. They would have no possibility of even covering their costs, much less make a profit.
Unlike state-owned oil companies, the US can't just order domestic producers to drill for oil/gas, even though they are guaranteed to lose money.
So, exploration dries up, and the US becomes dependent on foreign oil purchases. If that supply is interrupted (by war, or an embargo like in the 70's), then we don't have enough and we can't go out and drill wells instantly.
The only reason oil isn't sitting at $120/bbl is because of the uncompetitive U.S. oil industry. Hell, the only reason oil isn't sitting at $80/bbl is because of fracking wells we drilled when it was super profitable to do so.
The Saudis (and OPEC) can't control the top end of the market like they used to because America has fracking wells...and lots of them.
if ti weren't for the American (and Canadian) uncompetitive fracking wells, you would almost certainly be paying $4.00+ per gallon at the pump.
You smell that? That's what energy independence smells like.
It's also that the U.S. for most the time has been sitting on our stockade of Oil and using cheap labor from the Saudis/Russians until they started to wise up.
The U.S. might actually have the largest Untapped Oil Stockade now.
Yeah, it's believed that the Baken oil field in S. Dakota and Eastern Montana is the largest and most voluminous oil field in the world. There are other shale oil fields in America that have yet to be fully explored.
US oil companies need prices to be somewhere between $30-$60/bbl for it to be profitable for them to pump oil out of their shale oil wells (depending on the well). Russia needs it to be at about $40/bbl. The Arabs, and in particular the Saudis, only need like $12/bbl to be profitable. This is the price it costs just to pump, transport and administer the oil /oil wells. Anything under these numbers and those companies/nations will be paying to supply the world with oil.
This situation is mitigated for fracking wells (mostly U.S. and Canadian oil companies), because they can simply turn the wells off and then turn them on later when prices are high. Only fracking wells can do this. Normal wells (most of the rest of the world) must continue to pump oil or their wells will be destroyed and they will have to pay to re-drill those wells when prices shoot back up.
That being said, many U.S. oil companies are highly leveraged and cannot survive a prolonged shutdown without going bankrupt. Mind you, this does not mean their wells will be lost. The wells will be sold off to companies that can better manage their finances, but in the mean time, a lot of people will be out of work regardless if companies go out of business or not.
However, the Saudis need oil to be $80bbl or higher to pay all their government funded public spending programs. Oil will never be that high again any time in the next few decades so their coffers will still run dry unless they cut back on public spending, but they probably can't do that because unrest against the Crown is high and the only thing keeping a revolt form happening is the free money they are handing out to their citizens.
Trump first buys up all the oil to fill their reserves at rock bottom prices
Trump then negotiates the deal to start bringing things back to normal
Man, the left may be right. Only the dumbest man in the world would do this. A smart man would have driven the price up to $200 a barrel before buying. /s
I don't know if taxes are included in those production costs. But in the US, taxes alone are about $5/barrel.
That article is from 2018, but the data is from 2014.
Because energy independence and not giving money to OPEC is huge positive for the US. If we allow all our oil industry to go bankrupt then we lose all that and lose a bunch of jobs too. By the US producing oil we keep OPEC and Russia from being able to play their price games.
Oil price will still be pretty low so you'll still get cheaper gas but not at the price that would bankrupt our oil industry.
Makes sense but there has to be a balance somewhere. We're getting raped at the pumps before Russia and S.A started their drilling war. I don't wanna ay over $2 a gallon anymore after these prices. Hell I haven't seen gas this cheap since the early 90's.
Dude, you said it yourself. Gas hasn't been this cheap since the 90s in a lot of places. Heres the thing though: $1.59 in 1995 is $3.14 in "2020 money." Gas right now at $1.59/gal in "2020 dollars" is insanely cheap. Cheaper than anyone realizes. It's not sustainable and like someone else said, it will crash our US oil industry if it remains.
The multi billion dollar machinery, maintenance of machinery, wages of these workers, cannot be sustained if they don't break even. Take a look at Venezuela's oil infrastructure if you want an example of what can happen.
'Buy American' doesn't come for free. In many industries, we can't get both rock-bottom prices and an independent economy. We make trade-offs, and the trade-offs look different when it touches your own job or someone close to you.
Also, $1.52 was a spike down, not a potential new normal.
And this deal was made after Trump took advantage of crashed prices to refill our depleted strategic national reserves. Bought up all that oil at prices we may never see again. Saved tax payers a vast fortune.
The man never stops working for the American people. This is the real reason the Dems hate him..they are so used to doing nothing..unless it hurts the American people.
Follow up Tweets:
CNN probably: TRUMP COLLUDES WITH RUSSIA TO RAISE GAS PRICES FOR AMERICANS
CNN: Trump congratulates Putin for making him "a great deal"
CNN’s ballsy enough to edit this out of context and scramble it even further. “Trump Congratulates Hundreds of Putins to Be President of the United States.”
I just highlighted the bold text in your post and searched it and yep every one of the usual outlets has negative stories about it.
This is matches it exactly..
https://westernvaluesproject.org/trump-to-drive-up-gas-prices-in-desperate-attempt-to-bailout-big-oil/
They really are the enemy of the people..
CNN wants high gas prices, though.
On the real tho...should I get gas tomorrow before it goes up?
Geezus man this guy is the greatest leader this world has ever seen. We are witnessing greatness right in front of our very eyes, and on a daily basis.
Yes, we are. George Washington, Ghengis Kahn, and Alexander the Great might give him a run for his money on the GOAT title though. They did some pretty big things too.
But DJT keeps creating greatness, no doubt.
All 3 of your examples were able to hoist their black flag and start slitting throats. Our awesome leader has to do his maneuvering and battling with his two hands tied behind his back.
Jesus directs and protects him.
Everything he touches turns to gold.
Black gold.
Texas Tea.
I'm not convinced that Californy is the place you otta be.
Misery would be ok with that babe in the Daisy Dukes
He Thanked Putin!
REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
Unfortunately this will get zero media coverage. Sad!
Media is too focused on Fauci slamming Trump this morning!
I missed this. How is Fauci slamming Trump?
Warning -- Leftard site --
https://bipartisanreport.com/2020/04/12/fauci-admits-earlier-action-from-trump-could-have-saved-live
Piece of shit is saying President Trump could've saved lives if only he'd acted sooner. Like it's all on the president.
Little Commie NWO devil worshiper is teeing up to aid and abet the cabal in the next impeachment scam.
What the duck, he was literally the first world leader to actually do anything. They can’t even manipulate truths anymore they just straight up make shit up.
Trump: were banning travel from China
Everyone else: DAS RaYCisT! You better go hug a Chinese person and let them breath into your mouth!
I was the first person on here on record as saying Fauci was part of the ongoing coup attempt.
I wish I was wrong. Dr Doom big farma Fauci; we'll see if DJT knew this perfectly well by how he reacts. Although he's not always easy to read. He may continue holding these cards close to his chest. But Fauci would do no less damage if fired. I think it would be a bigger problem for MAGA, and I think DJT has been "keep your friends close, and your enemies closer."
These people are sick.
Screw the media! The more they stop being honest and just report the news, the more they push people to alternative news sites that do. Funny how all the media outlets that just report the news are labled "alt-right outlets".
Ok? They are on the same team
MSM is owned by globohomos. Fed came first. Then influence over academia via CFR and Rhodes Scholarships. Not sure when they bought up big pharma, but the timeline suggests 1964 at the latest.
While this is enough to wield substantial control and I have not been able to trace the same individuals to MIC, I have to think they own at least a substantial stake in that, too.
Fauci did that on Easter. He can't be a worse piece of shit than that.
Never say never. He's been hitting new lows on the daily.
Oh it will get media coverage, but only the part about Putin/Russia.
I hope he has the balls for it. The backlash will be like nothing we've seen before.
someone explain to me why the fuck i should be glad i have to pay more at the pump? if these retards want to dump $1/gallon gas on the market why should i be upset?
understanding achieved.
While it sucks to have to pay more at the pump, we're still the largest producer of oil in the world. This is one of our largest industries. Without them, we all end up hurting eventually, in terms of job losses and a major industrial loss and many other sectors reliant on the American oil industry.
now i know why. thank you.
Yessir, happy to have helped.
Love the name! Thanks for being so level headed. We have the best people!
This will be a lot like buying US made goods; we weren't willing to pay more for it and lost our middle class since the 80's. Looking at the job market now we can have it BACK.
Get a job in US oil, or especially shale and you’ll understand.
Economics is all a balancing act
Aside from the job losses, it's a strategic loss for the US, too.
If the price of oil is too low, there's no incentive to do exploration and drilling. They would have no possibility of even covering their costs, much less make a profit.
Unlike state-owned oil companies, the US can't just order domestic producers to drill for oil/gas, even though they are guaranteed to lose money.
So, exploration dries up, and the US becomes dependent on foreign oil purchases. If that supply is interrupted (by war, or an embargo like in the 70's), then we don't have enough and we can't go out and drill wells instantly.
It’s a tax on you so that US oil companies can make billions. It’s fucking price fixing corporate welfare horseshit.
Don’t know why you’re being downvoted for the truth.
The only reason oil isn't sitting at $120/bbl is because of the uncompetitive U.S. oil industry. Hell, the only reason oil isn't sitting at $80/bbl is because of fracking wells we drilled when it was super profitable to do so.
The Saudis (and OPEC) can't control the top end of the market like they used to because America has fracking wells...and lots of them.
if ti weren't for the American (and Canadian) uncompetitive fracking wells, you would almost certainly be paying $4.00+ per gallon at the pump.
You smell that? That's what energy independence smells like.
It's also that the U.S. for most the time has been sitting on our stockade of Oil and using cheap labor from the Saudis/Russians until they started to wise up.
The U.S. might actually have the largest Untapped Oil Stockade now.
Yeah, it's believed that the Baken oil field in S. Dakota and Eastern Montana is the largest and most voluminous oil field in the world. There are other shale oil fields in America that have yet to be fully explored.
They hate us cause they ain't us
The US, Saudi and Russia are the biggest players in the oil market.
In that order!
Hahahahaha I would like to thank President Putin...you gotta love our President. This is going to make the liberals heads explode.
HERE WE GO WITH THE RUSSIAN COLLUSION!!
Does double jeopardy apply here?
This is a big deal
"Donald Trump kept bragging how it was the greatest economy in all of US history. 50% of Americans cannot pay rent after missing only one paycheque"
--Oh look, now GEOTUS is responsible for people not being responsible with their own money!
Peace Is The Prize! ~ DJT
Notice how President Trump congratulated President Putin of Russia first just annoy the radical democrats...
Spicy!
Stonk futures 📈?
I’ve already made over $50k in MPC option calls in the last two weeks
Jump into MPLX calls if you’re smart..
I’ve had a long position in MPC for years. I took a huge haircut this last month. I loaded up some more last week. Also took a position in VLO.
Big League.
The Art of the Deal, baby
Thank you, Mr. President! ~ Your #1 fan
Anyone have a good ELI5 reference for what’s going on?
If you want to help the US oil industry get rid of the stupid ethanol laws. That right there is a 15% increase in sales.
God Wins.
US oil companies need prices to be somewhere between $30-$60/bbl for it to be profitable for them to pump oil out of their shale oil wells (depending on the well). Russia needs it to be at about $40/bbl. The Arabs, and in particular the Saudis, only need like $12/bbl to be profitable. This is the price it costs just to pump, transport and administer the oil /oil wells. Anything under these numbers and those companies/nations will be paying to supply the world with oil.
This situation is mitigated for fracking wells (mostly U.S. and Canadian oil companies), because they can simply turn the wells off and then turn them on later when prices are high. Only fracking wells can do this. Normal wells (most of the rest of the world) must continue to pump oil or their wells will be destroyed and they will have to pay to re-drill those wells when prices shoot back up.
That being said, many U.S. oil companies are highly leveraged and cannot survive a prolonged shutdown without going bankrupt. Mind you, this does not mean their wells will be lost. The wells will be sold off to companies that can better manage their finances, but in the mean time, a lot of people will be out of work regardless if companies go out of business or not.
However, the Saudis need oil to be $80bbl or higher to pay all their government funded public spending programs. Oil will never be that high again any time in the next few decades so their coffers will still run dry unless they cut back on public spending, but they probably can't do that because unrest against the Crown is high and the only thing keeping a revolt form happening is the free money they are handing out to their citizens.
Man, the left may be right. Only the dumbest man in the world would do this. A smart man would have driven the price up to $200 a barrel before buying. /s
DrUMthhhh talked to Putin! Collusion!!! Reeeeeeeeeeeeee
Just fixed the oil crisis...in his spare time...no biggie
So which of the corrupt deep state creatures tried to short the energy market?
CONFIRMED: https://www.rt.com/business/485616-opec-historic-oil-agreement/
Thank God!!!!!!! Thank you Trump for stepping in. Now, let’s find a way to pull our jobs back from India!!!!
Big Don doin deals on Easter! NO BRAKES
WE JUST CAN'T STOP WINNING, FOLKS! THE TRUMP TRAIN JUST GOT 10 BILLION MPH FASTER!
CURRENT SPEED: 360,429,385,117,000 MPH!
At that rate, it would take approximately 4.656 years to travel to the Andromeda Galaxy (2.5 million light-years)!
Speaking of jobs in the United States, HASHTAG REOPENTHEECONOMYNOW
Gas prices already up $0.20 at the local Shell station!
This is keeping us out of a deflationary depression.
My guess was Santo Domingo.
PUTIN OWNS TRUMP REEEEEE
Same For George Bush 1&2 Clinton even Reagan Jimmy Carter ect ect.
Does anybody else remember a little while ago when the president said this deal was coming soon, and the media said no way it was happening?
"Early and under Budget"
Trump: I am going to get a deal done
Commie Press: No Way
Trump: Deal Is Done
Commie Press: REEEEEEEEEEE
Oh boy this act of diplomacy PROVES RUSSIAN COLLUSION!!!
Great... Gas is gonna go back up now. How is this a good thing? Serious question. I liked my gas at $1.52 a gallon...not $2.87...
Because the people drilling, refining and transporting your gasoline can not sustain their livelihoods at $1.52 gallon.
So nearly $3 a Gallon is good? Maybe for them but it puts the squeeze on us. I don't wanna go back to $2.87 a gallon. That's fucking ridiculous.
Edit: lol, down voted because I don't want gas prices back at $3 a gallon. Never said it had to be $1 a gallon, but $2.87 was ridiculous.
Buck fifty gas and no job? two fifty with job? I'll take the later. KAG.
Price reductions through capital and labor efficiencies is good. Price reductions through markets crashing is bad.
I don't know about the Russians, but the Saudi cost of producing oil is very low: about $5/barrel.
https://knoema.com/rqaebad/cost-of-producing-a-barrel-of-crude-oil-by-country
I don't know if taxes are included in those production costs. But in the US, taxes alone are about $5/barrel. That article is from 2018, but the data is from 2014.
Just buy oil stocks. The dividends will make up the difference.
Because energy independence and not giving money to OPEC is huge positive for the US. If we allow all our oil industry to go bankrupt then we lose all that and lose a bunch of jobs too. By the US producing oil we keep OPEC and Russia from being able to play their price games.
Oil price will still be pretty low so you'll still get cheaper gas but not at the price that would bankrupt our oil industry.
Makes sense but there has to be a balance somewhere. We're getting raped at the pumps before Russia and S.A started their drilling war. I don't wanna ay over $2 a gallon anymore after these prices. Hell I haven't seen gas this cheap since the early 90's.
Dude, you said it yourself. Gas hasn't been this cheap since the 90s in a lot of places. Heres the thing though: $1.59 in 1995 is $3.14 in "2020 money." Gas right now at $1.59/gal in "2020 dollars" is insanely cheap. Cheaper than anyone realizes. It's not sustainable and like someone else said, it will crash our US oil industry if it remains.
There is a break even for the oil industry. $23 a barrel isn't cutting it for them I guess. I agree, I like my $1.89 a gallon gas.
The multi billion dollar machinery, maintenance of machinery, wages of these workers, cannot be sustained if they don't break even. Take a look at Venezuela's oil infrastructure if you want an example of what can happen.
'Buy American' doesn't come for free. In many industries, we can't get both rock-bottom prices and an independent economy. We make trade-offs, and the trade-offs look different when it touches your own job or someone close to you.
Also, $1.52 was a spike down, not a potential new normal.
::Surface of earth suddenly coated in two-inch-thick sheath of exploded liberal skull contents::
:heads exploding:
Are we to expect gas to stay where it's at or go back up
It's gonna go back up Imo...wayyyy up.
That lisping cuck is one of the premiere FOX Trump-haterz.
And this deal was made after Trump took advantage of crashed prices to refill our depleted strategic national reserves. Bought up all that oil at prices we may never see again. Saved tax payers a vast fortune.
Wow. What did YOU accomplish on your national holiday? Thank you, Mr. President.
The man never stops working for the American people. This is the real reason the Dems hate him..they are so used to doing nothing..unless it hurts the American people.