Oil just crashed

[Blackrogue]

you own a gas station?

Yeah

 

[Saysumthinfunnymike]

Naw, it’s a good bargain for a long term hold.
Chevron and Exxon are on the cheap right now

nah.. Exxon was low 30s two weeks ago. It's sitting there at 41

 

[IAMDetroit]

When oil falls, that means the economy is sure to follow. It means nothing or no one is moving.

Thats why also.
When everything open that price will balloon.
Are we headed for deflation or hyperinflation?

 

[Micky Mikey]

Excellent news!!

Too bad we have an administration that wont take the logical next step and push forward with clean energy.

 

[JLova]

Trump’s buddies can’t play nice.

 

[Yinny]

Bout to flex in my Hummer all 3 miles to the grocery sto’

 

[IAMDetroit]

Gas/oil is the one thing every economy is suppose to need to do stuff........now nobody wants it at all. It makes no sense. Its chaos out there.

Nothing is moving.
They trying to stop drilling due to lack of space. But if they do that well start draining reserves.
The main issue is planes more than cars.
Even when people need gas again, will they fly as often too?

 

[Blackrogue]

Thanks for breaking that down. Sounds like the drug game

Lol yeah. I think In business there are a lot of people that are essentially middle men. Once you figure out what they are doing and how they operate you can work with them. It's like playing black jack and figuring out the dealer has to stay at 17.

Today I was given a buying price that was shyt. I called up someone else and his was lower. I called the other people like hey. This the price I'm getting. So they my normal connect but I had to force their price down cause I knew wsup and how much other people were operating at.
Also with business I've found prices at the retail level are greatly inflated when you find out how much the wholeseller getting it for. Especially stuff like alcohol. You can literally start an account at a wholeseller. Buy shyt from him and flip it at 2 or 3 times the value. It's making me diligent about how I buy things. I try to get as close to the production source as much as possible because you cut out all these middle men's expenses to get the exact same product. So yeah I'd say its like the drug game. Except I have no experience in that.

 

[Reece]

What do you mean it crashed

 

[IAMDetroit]

guess who is the number 1 producer of oil worldwide?
its not Saudi or Russia
its the US

Lol thats because they agreed to stop producing for now.

 

[ogc163]

 

[IAMDetroit]

There was a thread talking about this about to happen weeks ago and it was bushed

a lot of interesting dope threads have been bushed lately for no real reason.....odd

Yes.
They keep deleting my nice very informative threads.
theColi might be an agent

 

[itsyoung!!]

When oil falls, that means the economy is sure to follow. It means nothing or no one is moving.

Spy still 280

 

[Heretic]

mopar owners wit the hellcats and demons mount up we bout to ride out

Can i roll if i have a 392?

 

[FaTaL]

What do you mean it crashed

It literally crashed