Trump works with Saudi Arabia to keep the price of gas up.

[RandySF]

Link to tweet

?s=20

[Blue_playwright]

1. lol does he realize low gas prices are...

... helpful right now? What a jackass.

[riversedge]

4. Most of the time Trump does not realize his vile blabbermouth is offensive to workers.

[Igel]

14. Short-term helpful,

long-term destructive.

It's killing the oil producers in TX.

"But those are all big multinationals!"

No, the produces tend to be much, much smaller, names you've usually never heard. Lots of smaller companies, hiring out in the backwaters of Texas. Result is going to be a lot of increased unemployment of people with jobs paying pretty good wages. Not that we need those.

A byproduct of this is natural gas. Like natural gas, you don't want a shortage because oil production's down.

And, finally, once the oil production's decreased and the companies go belly up, it'll make the oil prices increase even more when the shutdown's over, and we'll be even more at the mercy of Russian and Saudi Arabia. Think of this as "economic infrastructure". It'll take a while to establish rights, get the equipment, get set up.

But it's nice because it'll save us a few dollars a week. Which is always helpful.

[lark]

2. Fuck him drumpf has never in his life done even one good thing for others.

He only gives a fuck about himself and oligarchs who help prop him up - otherwise he totally despises us and is fine with letting hundreds of thousands die for his personal profit and staying in power.

[DEbluedude]

3. You. Cannot. Make. This. Shit. Up.

[roamer65]

5. Saudi Arabia and Iraq make money even at $20 a barrel.

Their costs are about $3 a barrel.

Fuck you Trump.

[TreasonousBastard]

6. Fucking idiot doesn't understand the dynamics of oil...

Russia and the Saudis can profit at 20 bucks a barrel. Not a big profit, but not the losses Canadian tar sands or fracking operations will see.

The idea is to knock the US out of oil and gas production. Remember-- it's not just oil. Russia has huge gas reserves and pipelines to Europe. Knocking our frackers out of the equation helps them enormously.

[Thomas Hurt]

7. Big Oil CEOs must be complaining, he wants something to tell them tomorrow.

[Snarkoleptic]

8. So the invisible hand of the free market is OK when it comes to PPE, but the tender little

oil extraction oligarchs require international intervention.

[Under The Radar]

9. Russia's well being is priority for Trump

Saudi and Russia plus the US oil lobby can slip a few million in his pocket, where cash is the cure for everything with him.

[Brainfodder]

10. May he drown in oil, what an asshole!

Hey everybody I am making something that effects a lot of things costs, cost MORE!

Parade please!

DUH!



This will make for one hell of a brutal ad, silver lining!?!

[Initech]

11. I've said it before and I will say it again: The Saudis are not our friends.

And it's way past time we should stop pretending that they are.

[The Velveteen Ocelot]

12. So why isn't he offering help to these producers?

They aren't cutting production because they can still make money at $10 a barrel.
https://www.reuters.com/article/norway-oil/update-1-norway-does-not-plan-oil-output-cut-despite-price-fall-idUSL8N2BO514

[OAITW r.2.0]

13. He's a day late with this tweet.

Honestly, he expects the American people care about rebalancing supply? No one is going anywhere, demand is tanking. We have a whole lot more concerns than what his friends MBS and Putin want.

Funny, at the presser the other day, Trump was telling us about the silver lining of low gas prices. What changed?