This will shake out much worse than the Lehman event in Oct 2008 http://www.zerohedge.com/news/2015-...de-crash-will-have-negative-impact-gdp-earnin next downturn will be 10x bigger than this previous recession bread lines are hidden with SNAP cards
Bullsh*t. By years end, price per barrel, will be $75. it is 45 now. Gasoline will be back near $3/gal. This is temporary until North Dakota shuts down oil production. Saudis revenge on a very stupid liberal President. Nothing more. Nothing less. Market volatility has allowed me to make large quantities of that what you hippy surfers all hate---money!! buh bye
When the CIA controlled ISIS boogieman turns it's interest to Saudi Arabia then you will see oil prices go back up quickly.
As I sit here diversifying peoples bonds nigga...I can tell youz peoplez sure been jumping funds this past week and sell all...but dis ain't nothing new...I thinkz itz best to always remain skeptical but realize the potential is there for such down fall...
the saudis injected saltwater in their wells now they CANT stop production untill the pressure goes down, if they stop pumping, the saltwater will contaminate the well, low gas prices for 18 months + http://www.wsj.com/articles/SB10001424052748704436004576299421455133398 here is another article that explains it well http://www.zerohedge.com/news/2015-...rn-everyone-elses-oil-first-leave-ours-ground
So is this cheaper gas due to Saudi stiff or domestic production? Please excuse I have yet to read the articles.
So everybody complains about high gas prices.... They say, "DRILL BABY DRILL....Produce domestic oil..." They blame Obamy for the the high oil prices and lack of domestic production........ Now, we everybody complains about the possible affect low oil prices will have on the stock market. I like how people read an article and are now economic experts. Swellinfo: I came for wetsuit advice but I stayed for the sound financial advice.
Excuse me sir, was this an invitation for a bit o' the old rough and tumble? Sir, I may be a child of privilege, but I assure you I would most certainly stoop to entertain you in some form of roughhouse. The rapscallions of this site do not intimidate me.
For starters, it's wetsuite around here. Secondly, we are experts on most matters here at SI. Economics, religion (or lack thereof), drugs, politics, conspiracy theories, skirt chasing, and hate mongering are usually discussed much more than surfing ever is.
critical thinking and reading between the lines are traits of pioneers listening to MSNBC pundits and the 'so called' experts (who toe the authoritarian line and slurp the status quo) is sheepish. baaaahhhhhhh
