Terrible News

[FastLane]

Terrible News for Democrats. The price of oil is now 92.78 down 16.49% and falling.

 

[CBHype]

Reduced oil prices won't immediately be reflected at the gas pump. But it's a good start.

 

[FastLane]

Reduced oil prices won't immediately be reflected at the gas pump. But it's a good start.

They have to pay for the fuel that is in their tanks first but eventually it will go down.

 

[CBHype]

Let's hope Trump can negotiate a lasting peace with a neutered Iran.

 

[FastLane]

Let's hope Trump can negotiate a lasting peace with a neutered Iran.

I want the people of Iran to revolt.

 

[FastLane]

WTI crude is down 20.57% There goes my royalty checks.

 

[Walt]

WTI crude is down 20.57% There goes my royalty checks.

The market is realizing it overreacted in dropping the price. Even if everything goes as planned, the disruption will take years to settle. And there is a lot of reason to think everything is not going to go as planned.

I bought call option on the Brent ETF dated 100 days from now. If everything goes as planned, I will probably only break even, but if not I will make a great return.

 

[LurchAddams]

Terrible News for Democrats. The price of oil is now 92.78 down 16.49% and falling.

You're such a dick.