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swchandler



Joined: 08 Nov 1993
Posts: 10588

PostPosted: Mon Jul 02, 2018 5:51 pm    Post subject: Reply with quote

Donald Trump has never negotiated a "fair deal" in his life. The guy is a dishonest con man that's rotten to the core. In the end, when we all look back at what he did to ruin America's place and stature in the world, it will be disaster of epic proportions.
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mat-ty



Joined: 07 Jul 2007
Posts: 7850

PostPosted: Mon Jul 02, 2018 9:57 pm    Post subject: Reply with quote

swchandler wrote:
Donald Trump has never negotiated a "fair deal" in his life. The guy is a dishonest con man that's rotten to the core. In the end, when we all look back at what he did to ruin America's place and stature in the world, it will be disaster of epic proportions.



You're an idiot.
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real-human



Joined: 02 Jul 2011
Posts: 14834
Location: on earth

PostPosted: Tue Jul 03, 2018 12:24 am    Post subject: Reply with quote

mat-ty wrote:
swchandler wrote:
Donald Trump has never negotiated a "fair deal" in his life. The guy is a dishonest con man that's rotten to the core. In the end, when we all look back at what he did to ruin America's place and stature in the world, it will be disaster of epic proportions.



You're an idiot.


the world other than putin says you are the real idiot.

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wynsurfer



Joined: 24 Aug 2007
Posts: 940

PostPosted: Tue Jul 03, 2018 6:44 am    Post subject: Reply with quote

The real fools are those that believe the failed policies of the past will now work. Textbook example of insanity. Everything is about to get more expensive. Look forward to inflation, higher interest rates, layoffs, and a shrinking economy, Great plan! Rolling Eyes
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mat-ty



Joined: 07 Jul 2007
Posts: 7850

PostPosted: Tue Jul 03, 2018 7:31 am    Post subject: Reply with quote

wynsurfer wrote:
The real fools are those that believe the failed policies of the past will now work. Textbook example of insanity. Everything is about to get more expensive. Look forward to inflation, higher interest rates, layoffs, and a shrinking economy, Great plan! Rolling Eyes



And an idiot would continue to let people take advantage of them.
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boggsman1



Joined: 24 Jun 2002
Posts: 9118
Location: at a computer

PostPosted: Tue Jul 03, 2018 9:02 am    Post subject: Reply with quote

Oil $75... nice work Mr. Fair Deal
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MalibuGuru



Joined: 11 Nov 1993
Posts: 9293

PostPosted: Tue Jul 03, 2018 9:07 am    Post subject: Reply with quote

boggsman1 wrote:
Oil $75... nice work Mr. Fair Deal


What's the cure for high oil prices again? C'mon say it......

HIGH OIL PRICES IS THE CURE FOR HIGH OIL PRICES.
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techno900



Joined: 28 Mar 2001
Posts: 4161

PostPosted: Tue Jul 03, 2018 9:57 am    Post subject: Reply with quote

For Boggs:

Quote:
Oil prices climbed Tuesday amid uncertainty over the duration of supply outages in Libya and falling inventories in North America, even as Saudi Arabia and Russia pumped more crude into the market.

Major oil ports in Libya have been shut due to an armed struggle that has removed 850,000 barrels a day from the global oil market and boosted prices. The U.S. crude grade has gained particular support from declining domestic crude stocks and supply disruptions in neighboring Canada.

“Brent is not really flying despite the outages in Libya,” said Olivier Jakob, an oil analyst at the consultancy Petromatrix. “It’s difficult to know how long that will last because it’s more due to political issues, [while] WTI is pretty much pricing in the very low stocks in Cushing,” he added, referring to oil-storage facilities in Oklahoma.

Price rises were limited by Saudi Arabia, which has been steadily increasing its production by 600,000 barrels a day in the past three months to reach 7.5 million barrels a day in June—the highest level since early 2017, according to analysts.

The Saudi move has mainly come in response to rising oil prices, which are hitting consumers. President Donald Trump also called on the Middle Eastern country to ramp up output.

Investors are concerned about any additional crude that might disrupt a newly attained equilibrium in the supply and demand for oil.

The crude market has balanced out due to an effort by the Organization of the Petroleum Exporting Countries and a handful of external producers such as Russia since last year to remove almost 2% of the supply and mop up an oil glut that was weighing on oil prices.

Analysts differ on how much spare capacity Saudi Arabia can bring to the market to offset the tightening of the market, but some say the kingdom could increase exports by destocking while it prepares to increase its production capacity.

“We now expect Saudi supply to rise in July to around 10.8 million barrels per day, which would represent a new record figure for Saudi Arabia,” said analysts for JBC Energy in a recent report.

Meanwhile, Russia has also ramped up its output by about 100,000 barrels a day.

“Right now the market is caught between two forces,” said Michael Cohen, the head of energy commodities research at Barclays. “Supply side disruptions that are bullish for oil, and demand side forces including the threat of trade protectionism that threaten the global economy and would thus be bearish for oil prices and most other commodities.”

https://www.marketwatch.com/story/oil-prices-rally-as-supply-worries-take-the-spotlight-2018-07-03

Note that I highlighted the element that Trump is responsible for, but that alone isn't the defining factor in oil prices.
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real-human



Joined: 02 Jul 2011
Posts: 14834
Location: on earth

PostPosted: Tue Jul 03, 2018 10:16 am    Post subject: Reply with quote

techno900 wrote:
For Boggs:

Quote:
Oil prices climbed Tuesday amid uncertainty over the duration of supply outages in Libya and falling inventories in North America, even as Saudi Arabia and Russia pumped more crude into the market.

Major oil ports in Libya have been shut due to an armed struggle that has removed 850,000 barrels a day from the global oil market and boosted prices. The U.S. crude grade has gained particular support from declining domestic crude stocks and supply disruptions in neighboring Canada.

“Brent is not really flying despite the outages in Libya,” said Olivier Jakob, an oil analyst at the consultancy Petromatrix. “It’s difficult to know how long that will last because it’s more due to political issues, [while] WTI is pretty much pricing in the very low stocks in Cushing,” he added, referring to oil-storage facilities in Oklahoma.

Price rises were limited by Saudi Arabia, which has been steadily increasing its production by 600,000 barrels a day in the past three months to reach 7.5 million barrels a day in June—the highest level since early 2017, according to analysts.

The Saudi move has mainly come in response to rising oil prices, which are hitting consumers. President Donald Trump also called on the Middle Eastern country to ramp up output.

Investors are concerned about any additional crude that might disrupt a newly attained equilibrium in the supply and demand for oil.

The crude market has balanced out due to an effort by the Organization of the Petroleum Exporting Countries and a handful of external producers such as Russia since last year to remove almost 2% of the supply and mop up an oil glut that was weighing on oil prices.

Analysts differ on how much spare capacity Saudi Arabia can bring to the market to offset the tightening of the market, but some say the kingdom could increase exports by destocking while it prepares to increase its production capacity.

“We now expect Saudi supply to rise in July to around 10.8 million barrels per day, which would represent a new record figure for Saudi Arabia,” said analysts for JBC Energy in a recent report.

Meanwhile, Russia has also ramped up its output by about 100,000 barrels a day.

“Right now the market is caught between two forces,” said Michael Cohen, the head of energy commodities research at Barclays. “Supply side disruptions that are bullish for oil, and demand side forces including the threat of trade protectionism that threaten the global economy and would thus be bearish for oil prices and most other commodities.”

https://www.marketwatch.com/story/oil-prices-rally-as-supply-worries-take-the-spotlight-2018-07-03

Note that I highlighted the element that Trump is responsible for, but that alone isn't the defining factor in oil prices.


trump has no clue to what he is doing he has no experience in his lifetime in supply and demand. he is a very simple thinker, he is a tic tac toe player who has won by being a trust fund kid with sugar daddy there bailing him out for his lies/con man all his life.

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when good people stay silent the right wing are the only ones heard.
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boggsman1



Joined: 24 Jun 2002
Posts: 9118
Location: at a computer

PostPosted: Tue Jul 03, 2018 10:31 am    Post subject: Reply with quote

Oil is priced at the margins... And just like the early 2000’s, there are political reasons why higher prices are occurring ..
Steve-o higher oil prices are an inflationary pressure in a big way ... It didn’t end well in the 2000’s...
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