Post by
AlwaysLong683 on Nov 26, 2024 2:17pm
Trump and the Price of Oil
I think there's no way Trump will allow oil and gas prices to hit the kind of highs it did under Biden - he'll likely do everything he can to keep those prices low, including elimintating as many barriers / impediments / policies as he can that may hinder domestic O&G producers to increase production on U.S. lands. If investors are happy with WTI oil staying at or below $80 a barrel with the possibility of it languishing in the 60's for extended stretches of time, then they should be OK.
Comment by
woodsmen on Nov 26, 2024 2:44pm
"at or below $80 a barrel with the possibility of it languishing in the 60's for extended stretches of time" Uhh so exactly what it is and has been under Biden for 2.5 years, got it Thanks!!!
Comment by
Jimmy1page on Nov 26, 2024 4:43pm
If he's smart he audits the IEA I'm the US and forces member companies to do the same.
Comment by
Jimmy1page on Nov 27, 2024 12:12pm
Sigh, ok I'm only going to say this one more time, so pay attention. Canada does not patrol its southern border. Between it and the US southern border the US is being flooded with drugs. Fentynl is killing more Americans then cancer. Trump wants us to patrol the border and assist in stopping the flow of drugs into the US. We do that, no tariff. (Pass it on)
Comment by
woodsmen on Nov 27, 2024 2:57pm
Trudeau is meeting with the Premiers today to discuss the matter Yikes don't put to much faith in Trudy!!
Comment by
woodsmen on Nov 27, 2024 2:54pm
No its been high 60's to 80 for 2.5 years...........................You got it???
Comment by
matt2018 on Nov 27, 2024 6:38pm
Wrong Wood. 2.5 years ago in May 2022, oil was at $106.00 Dropped down to $68.00 in April 2023 and then back over $90.00 in Aug 2023 (15 months ago). been in this range of high $60's to mid $80's since. why is it so hard to get that?