Oil Price Dumping

It doesn't matter how scarce or plentiful the fuel reserves are the energykikes will hike the prices as they please.

Howmany times have we heard "we're running out of oil", prices zoom up and drillers magically find more?

$2.35 where I'm at user, if it keeps dipping we'll get below $2 by thanksgiving (… wont happen of course, but it would glorious to see something like $1.5/gal again in my life time)

>(((Central banks))) setting up to crash the market to fuck Trump

Sitting at 2.09 here

The crude oil export ban was lifted in 2015.

US sanctions and skullduggery have been destroying the Venezuelan fiat currency, the Bolivar. But Venezuela hasn't surrendered.

Venezuela recently created its own cryptocurrency, called the petro cryptocurrency, in an unprecedented move intended to break the economic blockade imposed by the United States. Venezuela wants the petro to become a standard currency for oil and gas markets.

Venezuela has been enjoying surprising success in getting other countries to accept the "petro"…

Venezuela also just switched to accepting Euros - not dollars - for its oil sales.

This smack-down of the oil price might be ZOG's effort to nip in the bud the evolving alternative to US greenbacks'

This links to an article that covers the basics
sputniknews.com/analysis/201810181068981403-Ditching-Dollar-Venezuela-International-Trade/

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The US has been undercutting Venezuela whenever it can, but they have other structural problems with their oil industry. Their oil is low quality and they don't have sufficient refining facilities to handle it themselves. Their previous number one customer, the US, doesn't need to buy from them anymore. The rest of the American continents are populated with countries that have tons of hydrocarbon resources [Canada, Mexico, Brazil, Argentina] that can meet the demand of neighboring states. The other huge import markets for oil are East Asia and Western Europe, which both border Russia and pipelines are far preferable to tankers wherever possible. This isn't even getting into the massive hydrocarbon deposits and industries in the various ex-Soviet -stans in Central Asia and widespread reorientation to natural gas instead of crude.

Nevertheless, Venezuela has been enjoying success with their new crypto. And if they succeed it will be an historic new way for countries to get out of dollar slavery'

Google >>> venezuela cryptocurrency

Bitcoin markets are buzzing with stories.

Make that Google news >>> venezuela cryptocurrency

If Oil comes tumbling down then who knows what might happen?

The reason the kikes "fuck" with Trump has two possibities:
-Trump, Bibi and the kikes around him represent a new house / trying to bring a royal family down and put their own there and they are kvetching at him for it. Trump represents the pre-1930 capitalistic jew, the other clique is straight-out bolshevik.
-Its all staged: Trump is playing it into the hands of democrats and the fault line and problems aren't real. The media keeps echoechambering for each side for division because they want class war to spark a plotetariat revolution.

More like falling demand. It's a sign of economic contraction.

chode

Fagdeau nationalized the pipeline and the chugs took him to court because they want a cut ("muh environment").

Tar sands are economically unprofitable unless oil is above $75/BBL, and (((fracking))) is a kike scam to get the state to pay for their environment and exploration costs, at least all the schemes I've seen.

I filled up at $2.55 the other day, but Wisconsin gets fucked hard by the distillate-jews.

That's why I'm accelerationist. I WANT an excuse to start killing these scum in broad daylight.

ROAD TRIP!

Romaine hearts BTFO
jews just decleared all romaine lettuce is tainted, inclding salad mixes and needs to be thrown out two days before Thanksgiving. We need more spics to shit in our lettuce.

And yet there are still fags here who will tell you the GOP is going to help us somehow

So what does lower oil prices mean for the economy? Is it an effort to keep the machine running a little while longer or is it a sign things are coming down?is it both?

Anything handled by spics is tainted.

I don't see demoshits paying for my gas.

An outcrop is a large area of rock sticking out of the ground.

Lower gas prices are a paradox. On the one hand cheap energy in shipping costs should mean lower prices on all goods and services, which is a net benefit to consumers. This lower spending and higher standard of living makes GDP look like shit, and obviously investors lose money. It's good for everyone except oil kikes basically, but the overall stimulative effect doesn't show up in overall consumer spending but in harder to measure metrics like consumer sentiment, real wages, and standard of living.

Is the GOP paying for your gas?

They're making it cheaper, cunt.

No they're not. This is actually what is happening.
You'll see it in 4th quarter spending after Black Friday and Cyber Monday fail to meet expectations. Consumers still have no savings, and are financing their standard of living with debt. Nothing in the actual economy changed when Trump took office except confidence went up. That is fickle, and now people realize they still feel the same pressures. The rampant speculation in cryptos is slowing, markets are in contraction/recession territory. The Emperor Has No Clothes.

ლ(´`ლ)
LMAO

sys.8ch.net/log.php?board=pol

Mod names have been hidden in the board log so that the fagmods can continue their nefarious moderating activities anonymously. Now no one knows which mods to call out for faggotry… fucking kek almighty!

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