Economy WTI at $0!!! WTF is Trump going to do

Or a bitter old man. He is like 74 years old, you think he would try and be presidential when people are dying, but no, when you are a trust fund baby whose Daddy was worth 900 million, Donny was probably always craving for attention. He was the kid from Brooklyn whose Dad was a slum lord. Kids of old money in the private schools Donny went to, must have looked down on him. It has made him the thin skinned dude he is today. It did not help that his Dad made him a glorified rent collector when he was in his 30's. Could you imagine having an MBA from the Wharton School of business in your 30's and your job was collecting rent checks, a job anyone with a pulse could do. Then Donny tried to be a casino mogul and his dad had to come in an lose millions on purpose to keep him afloat. Eventually Fred was like fuck that I aint wasting anymore money on my son's disaster casino's. He is just a trust fund kid whose dad either bailed out his fuck ups or made sure his first couple projects were no brainer winners that Daddy got the loans and the permits so even Donny could not fuck it up. So the fact Donny cant handle criticism is understandable. He never got any respect all his life.
Donny two scoops doesn't even have an MBA. He has a bachelor's in economics and his transcripts are tucked away in a university vault as per his lawyer's request. Also, one of his old processors called him "the dumbest fucking student I ever had". And he said this way before Donny was the polarizing figure we know him to be today
 
Damn imagine being this in denial and pitifully angry. He life owns you and everyone else here. Grew his net worth and is running the US as president. A 2nd term if reelected would take decade or more to undo his policies. Like or dislike that commands respect and power. Oh and he banged some of the hottest women out there, built buildings, was a famous playboy for decades partying with the likes of anyone important and had kids with beautiful women and has highly successful kids and will have tons of grandkids.

In other words he is leaving more of a mark than any of us

Show me the evidence that he grew his networth. Oh wait, he won't release his tax returns . Guess we'll just have to take his word for it then.
He banged the hottest women on earth? I mean, he's not the only person to have banged porn stars. Also, doesn't make me envious of him as a person on that basis.
Ivanka is his only successful kid who started her own business. But please, it's not she didn't ride the coat tails of her last name.
Trump did a great job creating an impression of overwhelming success, I'll give you that. He even convinced you of it. Sadly, there is little to no evidence of any success. @44nutman pointed out his gross failures like his casinos which left many contractors fucked for being stiffed payment, something Trump does a lot probably cause he doesn't have the money to pay. There is even a pro fighter on sherdog who fought at Trump promoted event who didn't get paid. This is the guy you support
 
No end in sight.

Covid cut demand by 30mbpd, hard fought agreements cut production by 10.

Interesting where this ends up.

How could they pay for it?

The wind and solar energy players need high oil prices to be competitive as an energy source.

Cheap oil only hurts them.

There's only so many rich idealists willing to pay more for green anything.

How do you figure?

Oil has very little effect on energy generation costs. There is a minor linkage via gas prices but basically no one burns oil for electricity (what wind and solar are used for).
 
Gasoline loses combustibility when stored, so you'll have to stock up on and add fuel stabilizers as well or your gasoline-powered equipment won't work after a certain amount of time has passed. You can't put it in a big barrel and then use it 13 months later, for example.

Ethanol-free keeps longer, and Sta-Bil states their stabilizer will keep for 24 months, but that seems like a suspiciously long time, and I wouldn't bank on it.

Propane generators may be a better set-up than gasoline/diesel for a long term but terribly supplied time.
 
Damn imagine being this in denial and pitifully angry. He life owns you and everyone else here. Grew his net worth and is running the US as president. A 2nd term if reelected would take decade or more to undo his policies. Like or dislike that commands respect and power. Oh and he banged some of the hottest women out there, built buildings, was a famous playboy for decades partying with the likes of anyone important and had kids with beautiful women and has highly successful kids and will have tons of grandkids.

In other words he is leaving more of a mark than any of us
Lol at this orange knight
 
A few companies will go bust, and when the world starts up again the survivors will raise their prices to compensate for their losses.
Fill up your cars and any fuel storage tanks you can get your hands on while it lasts.
 
West Texas Intermediate is at $0 now LOL!!! Cushing will be filled by May and the Frackers keep pumping Oil. WTF is Trump going to do, can he just force a shutdown of our domestic oil infrastructure?
He could, but that is political suicide. Coal miners fell for his dumb ass in 2016. Oil and oil-producing regions of swing states are so vitally important to him there is no way in hell he does this.
 
Can you send me a few 55 gallon drums if it hits that low please?

what’s nutty is is would cost $44 to fill a 55 gallon drum full of processed unleaded gasoline if it does hit 80 cents there.

It used to be double that for crude oil at non consumer rates. 44 bucks used to fill a car. Not a freaking drum.
 
Gonna start using premium in both cars now instead of just the one that requires it. My Jetta will feel the love for a little while.
 
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