Oil is down more than $10 a barrel in two days! Cheap energy is good for everybody, post in this thread to thank Trump

gas is up at the pump over the last week thoughever

they didn't put tariffs on Russia

Drill baby drilll?
Pretty sure trump wamt US domestic oil self sufficient

YES BABY, HERE WE GOOOOOO

This is because Trump is killing the global economy with his crazy tariffs.

"YOU WILL OWN NOTHING AND BE HAPPY!!!" is now literally the motto of MIGAtard NPCs.

i still own the same things i owned last week though, plus i am going to burn a whole lot of gasilne in the next weeks. did you lose anything?

cheap oil is bad?

Explain yourself, retard

That sounds like a problem for the elites to worry about. I hope they kill themselves in despair.

to escalate US financial crisis.

i thought we wanted to end the financial rule of the jews, what did you think this meant? vibes? papers?

Trump is a moron whose wrecking the world economy based on his crackpot theories.

I hope you starve while he fixes how fucked we are here. I hope the entire world starves while we regain our comfort.

The US is a net oil exporter. OPEC + Russia are tanking the oil prices to escalate US financial crisis.

So what? Just say thank you.

I'll gladly live frugally for four years while manufacturing returns.

ありがとうトランプ様!

Burn, Baby, Burn

Thank you Trump for destroying the petrodollar and Russia. We couldn’t have done it without you.

english only message board

Look how the trumotards seethe at your post because it's true

With no economic activity, think how great that will be for the environment! Trump has solved that one too!

Because the tariffs were put on trade deficit and there can't be a deficit if they don't trade with russia

energy costs down

Thanks based President Trump.

Russia is ranking the price of its only export

Ok faggot

not my problem, vroooooom vrooooooom

Nonsense Russia needs oil revenue desperately now.

Sounds like they want to pump more then? Though I agree that it is probably not planned rather than reactionary for losing some revenue

crash the price of oil so that you can pay less tariffs

So let me get this straight, American business now have less competition and cheaper fuel? No wonder businesses are moving to America.

USA did put tariffs on UK, and it was USA having defict with UK rather than other way around

I've been saying this for a week now
Everything Trump is doing is to get
Low Interest Rates
Low Oil prices

Its working

Yeah we are at the minimum level of 10%.
Until we do a trade deal which will negotiate that lower.

wrecking the world economy

good. based. we shouldn't be fundin the world at our own expense. the west can stand on its own two feet

Probably best to ask for negative tariffs considering the math trump is using

That's global price

zigger subhumans on suicide watch

lol, Russia is fucked by low oil prices. Their margin of profit is smaller that other oil producers.

someone has zero clue how economics works.
low oil prices lead to economic EXPANSION in america.

also, shale oil taps can be turned on & off with the push of a button, in a matter of days.
so unlike in the past it doesn't cost a company anything to shut down production at a few wells when oil prices go very low.
so they aren't pumping at a loss, nor selling at a loss.

try and keep up with the way industry technology has evolved over the last 10 years, kiddo.
oil companies have pioneered technology that shields them from rapid price fluctuations.

OPEC tried to tank oil prices in 2018, thinking it would collapse the american shale industry.
but american innovation post-2008 prevented the collapse, and all that happened was americans got dirt-cheap gas prices and venezuela & rusia experienced an economic collapse.

cheap oil

Oil producing Blocs understand that if the entire world goes down the toilet, oil will go as low as we've seen, so they're going to loosen the taps a bit.

Oil went down only when the markets concluded a global recession was coming. Probably when China announced they would retaliate. Canadian and Australia dollars also went down today after going up post tariff announcement because they're proxies for resources and a recession kills demand for resources.

Tariffs literally solve this problem.

This
The pidorashka plan to squeeze Europe with high energy prices has failed.

we

our

Netherlands flag

you find a working VPN in Netherlands?

The world has been subsidizing the US by funding it's trade deficits. Trump has things completely backwards. US prosperity will now decline but after some adjustment everyone else will get a bigger (fairer) slice of the pie.

kek oil industry is the most rigged one of the planet
that's why they do not want humanity to have fusion power
it costs 1 dollar to produce a barrel of oil. they're sold for whatever the fuck they want, because they regulate how much they want to put out. what timmy gon do?

Retard, that's not how it works, lower prices = more production and exports, it's the same here

they aren't pumping at a loss, nor selling at a loss.

They NEVER pump or sell at a loss, unless they're drilling dry wells.
Oil is BIG money. We are raped constantly, even when the prices are down. If gas was 50 cents, the oil tycoons would still be ROLLING in cash. Don't EVER feel bad about oil man profits. They don't deserve a penny they have already. They deserve to be hanged with their own money.

Yes
Triggering A Global Recession
Was Trumps plan all along

we are obligated by the law to refill our strategic reserve Biden pretty much emptied so he could artificially keep gas prices where they were for the election.
good time to buy.

This is the funny part. US industry is fucked over by cannibalism of corporations to maximize shareholder profits. That's why so many companies are offshored, that's why Boeing has gone to shit. That's going to continue, but there's going to be even less profits to cannibalize. Made in USA is going to be the new made in China, except they'll barely have manufacturing might to show for it.

And you don't think a businessman like Trump is aware of these things and has people around him that are actively aiming for exactly these pressures + cause & effects?

Ok they have two main skills, they make food and cut grass

i think he is just going by instinct, the tariffs were generated by ChatGPT according to many sources

kek.
I thought our economy couldnt be fixed but negative tariffs and a dirt cheap energy might just do it.

Thank you President Trump!

dumb as a box of rocks

Mutt status confirmed.

according to many sources

According to my sources you are a nigger.

Trump's businesses are not a cause for hope. He has consistently failed business ventures and his entire net worth is based almost solely on scams and managing real estate - in other words, he's just another asset manager. He doesn't have a fucking clue how supply chains or manufacturing work.

dimwit post.

unable to form an argument

resorts to ad-hom, due to crippled mental capacity

How about some content, mohammad?

wont anyone please think of the speculative asset investors? rich people are losing lots of money this is serious guys!

How many bankruptcies so far? 6, 7?
The whole of jewsa is going to be his last

How many bankruptcies so far? 6, 7?

You understand that those bankruptcies were strategic moves to erase debt, right? Also, Trump declaring bankruptcy isn't the same thing as you doing it. It would have been a corporation, a proxy. It doesn't mean Donald Trump was shaking a can full of coins or busking in the subway station until he got his shit together again. You're raging over a term that you do not understand. People who do trillions of dollars worth of business and set up trillions more in extended revenue don't always do everything right; they also can't always trust everyone around them. It would be like if you forgot to bring a double coupon to the grocery store and didn't get the discount you wanted. If it was a crime, it would be a parking ticket. You're just too ignorant on the subject to know that you're screaming the sky is falling, but it was just a drop of rain.

He is running his business like an Atlantic City casino. I mean one of the mob owned ones that are just fronts for money laundering.

his business

I mean the USA, which he is running like a business

Casinos make a shit load of money.

I slurped

Your assumption that he's skimming or even outright stealing from America is absurd, unfounded and there's zero proof. There's not even a credible accusation. We've BEEN an ATM for powerful people, and he's stopping it. You must be kikish.

That's cool, but the US cannot go "strategically bankrupt," and if it could, it would be hell for normal people to live through.

If she moves his hand he'll rip her face off

That's exactly what he's stopping, kiddo. If you're heading toward bankruptcy, you have to increase revenue and decrease spending. Sorry it's inconvenient for you. Why don't you organize a tactical assassination squad and start taking out the people currently basking in the warmth that USA taxes have afforded them, in ultimate luxury.
Be fucking real, you stupid asshole. We've spent 30+ years being robbed blind by our leaders and foreign countries. For fuck's sake, you can't fix that overnight, but the proper steps are being taken. And yes, I'm well aware that money is still flowing to Israel. It's my personal belief that even if Trump wanted, to, he would be completely unable to stop that. Israel, via the Rothschild family, has the USA completely cucked, and they will crash our economy with a snap of their fingers if we don't promote those fucking kikes.

sorry, I thought you were the same panamanian prick I was responding to

To a lot of young people, not having the latest Iphone model is the equivalent of going bankrupt.

wall of text cope

Kek

A lot of young people need a reality check, anyway. Cell phones are cancer.

irrelevant nigger in Panama postin ad-hom

no content of his own due to mental retardation

tiny, tiny penis

good post

when someone refutes your retarded remark, sometimes its best if you just don't bother replying unless you have something of value to say.

amen

Your assumption that that's what I was assuming is absurd, unfounded and there's zero proof. There's not even a credible accusation.

Unless gas prices also go down are energy price will remain overall high since that's what the current price of electricity is pegged to in the UK

If only we had a ginormous wealth of shale gas under our feet.
We wouldnt have to buy shale gas of dictators, or Drumpth instead.

how you explain the penguin tariffs otherwise?

He will not balance the budget. He is insurance of balancing the budget. Balancing the budget requires the total end of social security and medicare and medicaid, anything less is mere theater. Trump will touch neither, not to any meaningful degree, and even if he somehow did it would still take decades to repay the debt.

Not that he has any idea how to actually fix the situation, getting high skill, high productivity manufacturing in the US is a great idea, but achieving that is totally beyond him. Tariffs won't do it, companies don't want to invest tens or hundreds of billions and 10+ years to build up in the US when the next guy will just undo everything he did and make the entire endeavor pointless, they'd rather just pay the tariff and do something else with their money that is more immediately profitable. In the meantime, the economy shrinks because higher costs for everything reduces consumption and therefore spending and therefore profits and therefore people are laid off and more businesses close, and therefore the tax take basically returns to normal after a year or two. There is a shortcut to getting cheaper manufacturing in the US, though: import infinity Mexicans and South Americans and Indians, who will work for dirt cheap (poorly). Your housing costs go up, though, and you get a shitload more crime.

Fuck the global economy

Incapable*
Sorry, I'm retarded and using a phone

whose wrecking the world economy based on his crackpot theories.

Based, fuck the world

everyone else will get a bigger (fairer) slice of the pie.

Does this include you? If so, why are you upset?

If you exempt anywhere you are just creating an incentive for someone to set up a business that makes profit by helping people avoid tariffs.

Um…oil producers will shut down rigs if oil gets below $70/barrel. Haven’t any of you noticed the lower output since Jan? Drill baby drill isn’t a thing.

If people choose to just pay the tariffs, they Trump can balance the budget with the trillions of extra income from that.

That's not going to work, because you'll lose tax money from income and payroll taxes as people get laid off because the economy is shrinking. The tax take will be temporarily higher, but will return to normal in a year or so, and in the meantime more people are more impoverished because everything is more expensive and there are fewer jobs.

Not true. OPEC just upped production. The chart doesn't lie.

Now get rid of income tax.

Even temporary influx of money would allow you to pay down a lot of the debt and reduce your yearly interest payments to a more sustainable level.

Published by Statista Research Department, Apr 30, 2024

According to a 2024 survey, oil producers operating in the Permian region needed WTI oil prices to amount to a minimum of 62 U.S. dollars per barrel in order to profitably drill a new well. This compared to a minimum breakeven price of 38 U.S. dollars per barrel for existing wells. The monthly average WTI oil price ranged between 77 and 81 U.S. dollars per barrel around the time of the survey.
stupid niggers ITT

The government is $37t in debt, getting an extra even $2t at the most liberal estimate from just the next year is basically irrelevant, and the more is captured by the tariffs, the more the economy as a whole will be damaged unless there is a similtaneous cut to other taxes, in which case nothing happens because you have merely replaced one tax with a different tax of approximately the same amount.

so are are you saying we are in peak oil?

nonsense

lmao

That's what mobbed-up casinos do. What money is he laundering? His own?

I noticed you didn't bother to correct me, so you don't actually have a point, do you?
You just hate orange man. You don't even know why. Did someone pay you to post here?

2 trillion knocked off the debt is better than no trillion. And certainly better than adding even more on to the debt.

Penguins does not TAX

Saudis and OPEC increased oil production. Saudis decreased oil production, because Biden fucked them over, when he stopped selling them weapons to bomb the Houthis. Biden ended up lightly bombing the Houthis. Makes you wonder why Biden forced an end to the war, just to end up in a war with the Houthis.
Trump is also going to open up oil drilling in the USA. Amazing how the kikes are now selling oil futures for less money, because they cannot play middle-man kike games due to shortages.
Anyways, oil prices going down is a good thing for everyone, except Russia.

Trump will end the war in Russia because he is so retarded kek THX Trump

YEAH UKRAINE WILL LOSE

No you don t udnerstand

Russia is a shithole

The only reason they have money is because they have natural ressources : Gas, oil, titanium etc

Price of these goods collapse because economycollapses

Low demand means lower gas/oil price, lower oil/gas price means lkes smoney for russia

less money for russia means no money for military

In other words the US is going to collapse -> China is going to follow because europe will not buy all the cheap shit Americans buy -> Russia will collapse ebcause nobvody wants their oil/gas anymore

But we'll still have the deficit next year, you have at best caused immense damage and raped the American people yet again just to kick the can down the road to do more damage later anyway.

Paying off the debt is great, you solve that by actually cutting frivolous spending (social security and medicare) and then investing in things that will increase your profits later. You don't do it by just raising more taxes to barely (in the absolute best case) break even for a year before going back into the red.

low oil prices means there is no point in drilling, because they can't make any profit.

just lower your tariffs bro

Balancing the budget requires the total end of social security and medicare and medicaid, anything less is mere theater.

You don't know.
You don't know that.
It's gonna take decades, anyway. Any suggestion otherwise is an absurdity.

At some point, the world will have to realize that the elites are drinking more than their fair share. I'd see all of them hanged. Put their heads on pikes as a warning for the next guy.
If the average man wasn't so stupid as to worship the characteristics that make people wealthy and powerful, we could end this in a year or less. It would take a while to round them all up and execute them, or I'd say sooner.

caa't do it anon. Fracking is bad, remember

last time i check russia oil cost was cheaper than us

europe is in deep shit if this stay longer because country like algeria and ME need high oil price for thier budject

Damn that's a nice and rare awoo you have there kraut anon
Mind sending me over a döner box and some hefe?

But we'll still have the deficit next year,

2 trillion less though.
I think its got so bad you have to do both things. Reduce costs and increase revenues temporarily.

In the UK, cutting government spending involves cutting a department budget by 2.5%, but the budget goes up automatically by 5% every year so its still higher than before within 6 months.

europe is in deep shit if this stay longer because country like algeria and ME need high oil price for thier budject

Wouldnt that means algeria and ME are in the shit?

i wish i could american friend i wouldnt mind if you could sent me some good american bourbon

I do know that, social security is the #1 budget item at over $1.5t annually, and it's only set to grow as more people age up. Medicare and medicaid combined are also over $1.5t annually. Paying the interest on the national debt is another $1t and only set to grow as the debt grows larger and the US has to roll over debt into higher interest bonds. This is already $4t. Our annual federal tax take is $4.5t. We still have to pay for the military ($900b, oops we're deficit spending), law enforcement, energy regulation, and various services that are necessary to the continued function of American society. Is there some waste to be cut? Sure! But even if 50% of the budget beyond the first $4t is waste and we can cut it without any problems, we're still deficit spending, which means the problem is getting worse, not better.

You arent even american
Are these guys using a vpn

They will if they can make money.

"How does a casino operate as a business?"

You could've just asked this from yourself and if you weren't retarded you could have realized

oh, that's retarded, maybe I can come up with a better point

You are worthless. You think stealing money is all that goes into running a casino. That's how fucking stupid you are.

Here's why I went with the no u. You didn't make a point. You just said retarded shit.
My "no u" is rock solid. Both the "no" and the "u" are ironclad and impenetrable. You were raped by turning it around and all of your words are now protests of my cock up your ass.
Best you can do now is shut up and leave. Stop squealing you fucking slut.

Do you think the US government will be intelligent enough to fill the strategic reserves when oil is dirt cheap?
I have a feeling by some miracle of incompetence they won't manage to pull it off.

i love this new policial econometrics

Cheap gas means more fun on the track and trails, thank you Mr President Trump sir.

Smart people want to do the same for their countries.
Lowlife filth, like you and the eurotrash want Americans to suffer.
If you love globalism and everything it did to destroy your country, then continue.

I grew up in heaven, i didnt know evil existed

weird that refined gasoline actually went up at the pump in the last few days.

i hope it drops deeper

i have to fill multiple 20 liter canisters with premium gasoline for the upcoming crash

cant wait for it

death to all stock market kikes

Trump is a moron whose wrecking the world economy based on his crackpot theories.

and

because everyone with a brain can see were headed to a man-made worldwide recession.

How can both those thoughts exist in your head at the same time, and you can still not see that when prices for the consumer goes down, consumption goes up.
People will be able to afford more miles in their cars, or their boats, or whatever, so they spend the same, but get a bit more. like it should be, and like it used to be.
CO2 is not harmful to anything good at current or projected levels.

dumbasses itt RIGHT NOW trying to say cheap oil is somehow bad

What I learned about my particular race us I can instantly turn to become the most insane worrier and then warrior. I simply do not care about evil people.

It is generally bad for those countries that rely on oil exports.
Dunno why european countries except maybe norway would be pissy about it.

It is transforming. But it is worth it. I cant even explain how it feels. I get muscles without training now.

The US is a net oil exporter. OPEC + Russia are tanking the oil prices to escalate US financial crisis.

Because we refine 18 million barrels of it per day, you fucking dumb nigger

Why are you siding with Russia, they will sell us cheap oil if we want. Have some morals. You guys are going to get the most insane tariff ever heard of, you know that right? You know you could starve to death? Do you want that for your citizens?

This is not a video game from Japan that you may never see again. This is no bluff.

You do know, that no matter what happens Russia is next to us, right? Have you seen a map?

Stock market crashing is the solution to low birth rates. It will force them to sell the assets they have been hoarding which will lower housing costs.

Old people begging for food in the street because they are all alone will inspire young people to start families.

You need to disable religious nepotism in USA. Tell God sent you. And help the disabled.

Barrels now and fucking load them up and sell them when it goes back to shit again.

The US has this giant strategic oil reserve under a mountain they can fill back up. (Biden emptied it).
But most countries dont have shit like that.

He wrote a wall of text trying to defend going bankrupt several times as if it was a 6D chest move when the other dude just told him that a country can't do a "strategic" bankruptcy on a country wide level without completely killing off the economy as one kills a company to avoid further personal losses.
There is nothing to say to a cope, anon. Just laugh at the dude eating shit.

The balance of payments is nothing to do with the federal government deficit you retard

checked
what does your last sentence mean?

No, the deficit will return to normal next year. The deficit now is about $2.5t, and if we enact this retarded tariff plan and take an additional $2t in taxes and cut $500b in wasteful spending (and that stays cut), next year the deficit will just be $2t again after everything adjusts to new price and spending levels. We won't even be paying down $2t of debt, we'll just have deficit spent less this year and everything goes back to normal next year.

This tariff plan makes everything worse, not better. It destroys productivity, it destroys jobs, it destroys businesses, and in exchange we are delaying the rise of the debt by a single year in the absolute best case scenario. There is no universe in which this tariff plan is a good idea. That's not to say tariffs are only negative and can't be useful, but universal tariffs on literally every country and every industry are only negative and can't be useful. Tariffs are a protectionist measure, but you can't protect an industry you don't have, and they can't build one, either.

i like sexx

Crash inbound.

It’s actually not good for me. I work for an oilfield services company, our revenue is loosely tied to the price per bbl.

Russia