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Oil dropping steadily #14539788 11/18/22 05:44 PM
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RayBob Offline OP
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The current price of WTI crude oil as of November 18, 2022 is below $80 per barrel.

Brent spot is at $87 (I don't know the difference really other than the WTI used to be the gold standard and is some of the sweetest crude.

All this is showing projections for the US dollar (getting weaker). May be related to the FTX fiasco too.


Advice? Wise men don't need it. Fools won't heed it.

Re: Oil dropping steadily [Re: RayBob] #14539806 11/18/22 06:01 PM
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Texan Til I Die Offline
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Are people driving less because they can't afford it?


"If ever time should come, when vain and aspiring men shall possess the highest seats in Government, our country will stand in need of its experienced patriots to prevent its ruin." - Samuel Adams
Re: Oil dropping steadily [Re: RayBob] #14539808 11/18/22 06:05 PM
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CaptainCrunch Online Content
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U.S oil production up over 600K barrels per day since the start of the year.

Re: Oil dropping steadily [Re: RayBob] #14539809 11/18/22 06:06 PM
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reeltexan Online Happy
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that would do it


"..The pleasantist angling is to see the fish
Cut with her golden oars the silver stream,
And greedily devour the treacherous bait.
Bill Shakespeare





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Re: Oil dropping steadily [Re: RayBob] #14539811 11/18/22 06:07 PM
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YEE_YEE Offline
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$2.77 today for gas guess the plan is working Let's Go Brandon !

Re: Oil dropping steadily [Re: RayBob] #14539831 11/18/22 06:29 PM
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donothin Offline
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The President is no more responsible for the lower market than he was for the higher market.

Re: Oil dropping steadily [Re: donothin] #14539834 11/18/22 06:32 PM
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Originally Posted by donothin
The President is no more responsible for the lower market than he was for the higher market.

Well, here’s the dumbest thing I’ll read today. Ironically, the dumbest thing I read yesterday was also one of your posts.

Re: Oil dropping steadily [Re: donothin] #14539839 11/18/22 06:39 PM
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1oldbassguy Offline
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Originally Posted by donothin
The President is no more responsible for the lower market than he was for the higher market.


winner , winner , chicken dinner " for the higher market " ---- not too smart I see

Re: Oil dropping steadily [Re: donothin] #14539846 11/18/22 06:47 PM
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butch sanders Offline
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Originally Posted by donothin
The President is no more responsible for the lower market than he was for the higher market.


absolutely correct
energy producers charge whatever they like

Re: Oil dropping steadily [Re: Ghost4BH] #14539862 11/18/22 07:09 PM
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Originally Posted by Ghost4BH
Originally Posted by donothin
The President is no more responsible for the lower market than he was for the higher market.

Well, here’s the dumbest thing I’ll read today. Ironically, the dumbest thing I read yesterday was also one of your posts.

Seems to be a reoccurring theme with him.

Re: Oil dropping steadily [Re: donothin] #14539873 11/18/22 07:24 PM
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Originally Posted by donothin
The President is no more responsible for the lower market than he was for the higher market.


May not be responsible for it, but he can damn sure affect it.

Re: Oil dropping steadily [Re: RayBob] #14539893 11/18/22 07:39 PM
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UGLYSHCTICK Offline
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I thought this was a Harley Davidson thread


Just want to make folks smile, and spit coffee on their keyboard.

If you put beans in your chili, you don't know beans about chili.

God doesn't create temporary people, you will spend eternity somewhere. Choose wisely.
Re: Oil dropping steadily [Re: donothin] #14539897 11/18/22 07:43 PM
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Originally Posted by donothin
The President is no more responsible for the lower market than he was for the higher market.


You don't get to tell the lamestream that. Its bad when it goes up and not because of him when it goes down.


Re: Oil dropping steadily [Re: RayBob] #14539919 11/18/22 08:02 PM
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Feel free to draw your own conclusions. roflmao

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Re: Oil dropping steadily [Re: Scoundrel] #14539924 11/18/22 08:05 PM
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butch sanders Offline
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Originally Posted by Scoundrel
Feel free to draw your own conclusions. roflmao

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so in 2020 it was free?

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