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TexasBushwhacker

(21,289 posts)

11. Exactly

Reply to VMA131Marine (Reply #6)

Wed Nov 21, 2018, 10:06 AM

Nov 2018

Oil and gas extraction employs 150K Americans, with wages from $40K at the low end to $150K for engineers. You know, those "good" jobs that everyone wants more of.

The thing is, the volatility of oil prices doesn't really help anyone but oil traders. I've lived around the O&G business all my life. There is a significant down side to cheap oil. Cheap oil means cheap gas, and that means more people buying gas guzzlers instead of sippers. It makes greener energy sources like solar and wind less viable. It shuts down extraction here in the US, costing thousands of jobs and making us more dependent on the murdering thugs of SA.

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Trump thanks Saudi Arabia for falling oil prices: 'Let's go lower' [View all] demmiblue Nov 2018 OP

Anything to deflect criticism away from MBS the barbarian and democratisphere Nov 2018 #1

I've noticed we've been getting watoos Nov 2018 #9

Let's go lower.. NotAPuppet Nov 2018 #2

I believe it is on the Trump family crest jberryhill Nov 2018 #7

GMTA n/t area51 Nov 2018 #30

Oil Prices Roy Rolling Nov 2018 #3

And you can kill as people journalists as you like . . . Iliyah Nov 2018 #4

If this does not make Congress act True Blue American Nov 2018 #21

Trump knows all about going lower on alot of things. cstanleytech Nov 2018 #5

Low oil prices are, of course, bad for US oil producers VMA131Marine Nov 2018 #6

Exactly TexasBushwhacker Nov 2018 #11

I was thinking North Dakota must love all that Republican representation exboyfil Nov 2018 #26

Jim Acosta might want to avoid Saudi Arabia for the next couple of years. tanyev Nov 2018 #8

Crude was 42.00 a barrel in Nov 2016,it's only gone UP since Trump took office.... Bengus81 Nov 2018 #10

+1 dalton99a Nov 2018 #16

The cost to our nation was not in greenbacks. pazzyanne Nov 2018 #12

The essence of this is trump is trying to have America find murder acceptable The Liberal Lion Nov 2018 #13

that's what he meant by a tax cut for the middle class, paid for with Jamal Khashoggi's life Demonaut Nov 2018 #14

its a lie rdking647 Nov 2018 #15

Everything he says is a lie. And his timing is so off too. Botany Nov 2018 #17

I hope our integrity was worth it to you, Mr. pResident PeeJ52 Nov 2018 #18

His base and sadly many others will buy it because kacekwl Nov 2018 #19

If [Redacted] goes any lower he'll pop through the Earth's crust in the Pacific somewhere. n/t TygrBright Nov 2018 #20

Scarborough said this morning True Blue American Nov 2018 #22

Was this the payback for not imposing sanctions? n/t ewagner Nov 2018 #23

Trump is inaccurate here JonLP24 Nov 2018 #24

He is perverted. dawg day Nov 2018 #25

Oil mixed with blood of journalists comes from Saudi Arabia HelenWheels Nov 2018 #27

And for his bankruptcy bailouts? duforsure Nov 2018 #28

It's a good thing justgamma Nov 2018 #29

Please don't post The Hill! It does Trump's bidding. sharedvalues Nov 2018 #31