Athabasca Oil Corp T.ATH

Oil prices

[Jimmy1page]

So Biden needs lower fuel prices and the market just helps out?

[OGInvest0r]

His administration will go down in history as the greatest oil traders in the world. Sold all those barrels at 90-100 bucks and will buy back in the early 70s. Brilliant. 

[djb633]

Not quite, it is congress that authorizes SPR purchases and when Trump was the president he was turned down by the Democratic Congress to refill the reserves when oil prices were in the $30's because they said he was trying to help big oil.

[Deutz9170]

Sounds about right.  Trump also wanted to close the borders to China, at the beginning of the pandemic because the virus was absolutely proven to have originated there. But the Democratics said that this was an act of racism.

[lnggasfor202324]

Hey you clown.  Who do you think filled the spr reserve up?  Trump filled the spr up at super cheap prices.  The americans are in more debt then ever?  Thanks Joe.

[Deutz9170]

Greatest oil trader in the world?  It's called the Strategic oil RESERVE.  Not the Strategic trading account.  Logic like this is why it's been so easy to make money in the markets, the last 15 years.  The President is supposed  lead and set up it's organization for success . And not to be the best penny flipper on the planet, with the most powerful money

[OGInvest0r]

You are the fool. The internet is ripe with news articles  (yes news aka facts) from where  I drew my assertion. Google it and see for yourself. Example:  https://qz.com/the-biden-administration-made-66-million-in-its-first-1850531437  

[Deutz9170]

66 million????  What is that????  Google US National debt clock.  The debt goes up 200 million during the span of a hockey game.  Just think about if the US actually needed that reserve, right now. After he sold it off for 100 million.  And it's at all time lows. Just imagine a world with the USA  without oil for two days.  Let's see how these absurd