Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

thegoose

(3,115 posts)
Fri Apr 10, 2020, 01:36 PM Apr 2020

Who the fuck cares about oil?

Nobody's driving but now Dumpster is carrying on about the great fucking deals he's making. What an asshole.

And he's doing the testing lie again. Call out his bullshit, already!

5 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Who the fuck cares about oil? (Original Post) thegoose Apr 2020 OP
Said This Before ProfessorGAC Apr 2020 #1
Another couple of months and I will just be "who the fuck cares?" rzemanfl Apr 2020 #2
IKR Ferrets are Cool Apr 2020 #3
People in the oil producing states do customerserviceguy Apr 2020 #4
So much for letting the free market work. Midnight Writer Apr 2020 #5

ProfessorGAC

(76,119 posts)
1. Said This Before
Fri Apr 10, 2020, 01:41 PM
Apr 2020

This cutting of production talk is ornamental.
They've been operating at high rate for 30+ days as demand is down 30 million barrels/day.
They're going to cut production because they're running out of space to put it.
They've already pumped a billion barrels nobody needs right now.
That already 10-11 days of world wide demand under normal circumstances. Now with demand as it is, there's 2+ weeks of demand just sitting there.
Pretending to cut over price is a show for weaker speculators.

Latest Discussions»General Discussion»Who the fuck cares about ...