Oil just crashed

fact

Fukk you thought it was?
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How you gonna ROFL with a hollow back?
I am in the camp of not knowing anything about the oil industry, but does this also mean that we are charging towards putting more resources and training towards the renewable energy industry, making us less reliable on things like oil, and coal? Or does this mean nothing in those regards?
 

Rell Lauren

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Price of the brick going down:birdman:

That smiley and oil reminds me of Bronald Oil lmao

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Wild self

The Black Man will prosper!
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Bu..but..keep the country locked up though and keep them checks coming. It will get Trump out of office this November:stopitslime:

I know that TX is hurting with them job losses. You really think that Trump GAINED new voters? You think he happy with 30% unemployment and thousands of people dying daily?
 

BigMoneyGrip

I'm Lamont's pops
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Straight from Flatbush
Y’all brehs do know that the US built up its oil reserves for the better part of 30 years right? The US got enough oil to last 200 years soooooo with these oil prices going into the tank we will have to tap into ours temporary until this faggit is out of office and prob a 5-10 years after just to correct this shyt
 

Blackrogue

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Nai
Someone was also explaining this to me on how to get good wholesale fuel prices since I have a gas station.

On a regular day prior to the virus. Where I'm at at least.. the oil marketers are given allocations and an expiry date on their allocations. So they have to sell to dealers prior to that date who then sells it to consumers. As you approach that allocation expiry date they become desperate and have to dump it at a lower price or the incur heavy expenses keeping their fuel at the depot longer. So sometimes it's good to have someone inside on the depot telling you which marketer slot is about to expire and that person will give you a better price..

Right now demand for fuel is low. Marketers still have a ton of fuel they haven't got rid of and their prices are dropping just to dump that shyt. The producers also have it bad cause no marketers are buying new product when they still have stock they have to get rid of to dealers.
 

chkmeout

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Y’all brehs do know that the US built up its oil reserves for the better part of 30 years right? The US got enough oil to last 200 years soooooo with these oil prices going into the tank we will have to tap into ours temporary until this faggit is out of office and prob a 5-10 years after just to correct this shyt

fukk it, its time to move on from oil:yeshrug:
 
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