Domain: tiger-web1.srvr.media3.us Oil deal done | Political Talk
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Oil deal done

Posted on 4/12/20 at 3:20 pm
Posted by Grimhorn
Texas
Member since Mar 2018
93 posts
Posted on 4/12/20 at 3:20 pm
The big Oil Deal with OPEC Plus is done. This will save hundreds of thousands of energy jobs in the United States. I would like to thank and congratulate President Putin of Russia and King Salman of Saudi Arabia. I just spoke to them from the Oval Office. Great deal for all!

LINK
This post was edited on 4/12/20 at 3:22 pm
Posted by volnavy
Fair wind and following seas
Member since Jan 2009
814 posts
Posted on 4/12/20 at 3:22 pm to
Wonder what the deal is?
Posted by Strannix
C.S.A.
Member since Dec 2012
53155 posts
Posted on 4/12/20 at 3:23 pm to
Putin is a strong leader.
Posted by Grimhorn
Texas
Member since Mar 2018
93 posts
Posted on 4/12/20 at 3:23 pm to
LINK

Almost 10BB bbl cut...
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
80789 posts
Posted on 4/12/20 at 3:23 pm to
I guess I should fill up soon.
Posted by Purple Spoon
Hoth
Member since Feb 2005
20485 posts
Posted on 4/12/20 at 3:24 pm to
Truck nutts

[on]
off
Posted by GeauxFightingTigers1
Member since Oct 2016
12574 posts
Posted on 4/12/20 at 3:24 pm to
quote:

The big Oil Deal with OPEC Plus is done. This will save hundreds of thousands of energy jobs in the United States. I would like to thank and congratulate President Putin of Russia and King Salman of Saudi Arabia. I just spoke to them from the Oval Office. Great deal for all! LINK


Won't be enough, need to do double or more, but look for bounce until May/June.
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
79863 posts
Posted on 4/12/20 at 3:25 pm to
Glad I bought MRO and APA earlier.
Posted by pizzathehut
west monroe
Member since Jul 2016
1224 posts
Posted on 4/12/20 at 3:26 pm to
Thought price fixing and all that $hit was illegal.....jus sain
Posted by Grimhorn
Texas
Member since Mar 2018
93 posts
Posted on 4/12/20 at 3:27 pm to
I wouldn’t touch APA with a 10’ pole... Alpine High farce killed the company and people should be in jail...
Posted by Pelican fan99
Lafayette, Louisiana
Member since Jun 2013
39053 posts
Posted on 4/12/20 at 3:28 pm to
Posted by BuckyCheese
Member since Jan 2015
57778 posts
Posted on 4/12/20 at 3:28 pm to
quote:

Thought price fixing and all that $hit was illegal.....jus sain



Not for governments.

Just everyone else.
Posted by ClampClampington
Nebraska
Member since Jun 2017
4039 posts
Posted on 4/12/20 at 3:29 pm to
quote:

I guess I should fill up soon.


Oil futures may increase a bit, but cutting supply because there is no demand is by no means bullish. Cuts would have to be much larger to spur much price movement imo
Posted by jnethe1
Pearland
Member since Dec 2012
17301 posts
Posted on 4/12/20 at 3:34 pm to
It won’t matter, we haven’t seen gasoline usage this low in over 50 years.
Posted by Mud_Till_May
Member since Aug 2014
9685 posts
Posted on 4/12/20 at 3:35 pm to
I hope Trump is getting a lot done during this time. Retail is slow but commercial business should still be going.
Posted by davidlsu
Member since Jan 2008
2958 posts
Posted on 4/12/20 at 3:36 pm to
Shame hopefully gas stays low
Posted by ClampClampington
Nebraska
Member since Jun 2017
4039 posts
Posted on 4/12/20 at 3:39 pm to


Correct
Posted by Coach21
Member since Jun 2005
904 posts
Posted on 4/12/20 at 3:41 pm to
The damage has already been done... thousands of people have been laid off. 50% of the service sector has been cut.
Posted by viceman
Huntsville, AL
Member since Aug 2016
30688 posts
Posted on 4/12/20 at 3:42 pm to
Gas 1.57 here today, maybe I should fill up
Posted by jcaz
Laffy
Member since Aug 2014
18969 posts
Posted on 4/12/20 at 3:42 pm to
Won’t matter until demand comes roaring back. Oil traders DGAF.
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