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so, wtf has 'big oil' been doing with all of their record profits?


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2 hours ago, Crnr2Crnr said:

ok garbage truck driver, can you explain why? 

this should be incredibly amusing... :pc:

 

1 minute ago, Deephaven said:

Because Trump is great is all you are going to get.  Actual thinking never happens with him.

So what do you attribute the great decline from? Spending? Ukraine aid?  Biden's dumbass policies?

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12 hours ago, ACE said:

Poor Karen doesn’t understand why everyone has record gross profits with hyper inflation 

Fuck he doesn't understand the article was about opec and not about our oil industry. 

prices aren't going up, the value of your dollar is going down.

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13 hours ago, Crnr2Crnr said:

whoopdeefngdoo, I know someone who owns a private island near Fiji and his last name isn't Epstein.  my wife's uncle had a place on Sanibel Island, a penthouse in the same building as Taylor Swift in Nashville and major acreage in TX.

@ArcticCrusherand  myself are just doing ok, not real wealth that can move markets or have an actual impact upon any economy.

 

You still got a long way before you're even capable of being called a junior achiever Ray.

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20 minutes ago, ArcticCrusher said:

What is the overall rate of return for Biden?

That is what matters, you money is losing value.

here's some numbers for you Gary... 

Dow under Obama 151.2% increase

Dow under Trump 54.2% increase

Dow under Biden, essentially flat. 

 

Now let's test your intelligence for just a moment.  What did the United States Federal Reserve do between January 2009 and January 2022 that dramatically changed since January of 2022?  

 

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15 minutes ago, Crnr2Crnr said:

here's some numbers for you Gary... 

Dow under Obama 151.2% increase

Dow under Trump 54.2% increase

Dow under Biden, essentially flat. 

 

Now let's test your intelligence for just a moment.  What did the United States Federal Reserve do between January 2009 and January 2022 that dramatically changed since January of 2022?  

 

You're a clueless moron.

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58 minutes ago, toslow said:

Interest rates are set to rise in the states in the coming days 

buckle up if you carry a shit load of dept 

interest rates have an effect on the economy and markets? 

thank you... will put a on your chart for this.

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47 minutes ago, Crnr2Crnr said:

interest rates have an effect on the economy and markets? 

thank you... will put a on your chart for this.

I thought presidents had a dial they could turn and down at will? I know Biden turned up the inflation dial and has nothing to do with anyone before him - that’s all I know.

Edited by akvanden
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Just now, akvanden said:

I thought presidents had a dial they could turn and down at will? I know Biden turned up the inflation dial, that’s all I know. 

and gas prices too...

 

anyways, getting back to topic

https://www.cnbc.com/2023/10/05/peak-crude-demand-is-fueling-anger-and-argument-in-the-world-of-oil.html

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