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Re: oil slips below 20 analyst says the price could
[Re: Canvasback2]
#6822869
03/30/20 10:41 AM
03/30/20 10:41 AM
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Joined: Mar 2010
Posts: 2,958
South Dakota
Hydropillar
trapper
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trapper
Joined: Mar 2010
Posts: 2,958
South Dakota
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I never dreamed it would get this low
My past experience on anything when there is huge price swing both high and low.... turns out in the end not good for anybody!!
The only place you find free cheese is in a mousetrap !
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Re: oil slips below 20 analyst says the price could
[Re: Canvasback2]
#6822884
03/30/20 10:49 AM
03/30/20 10:49 AM
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Joined: Dec 2006
Posts: 15,697
MN, Land of 10,000 Lakes
Trapper7
trapper
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trapper
Joined: Dec 2006
Posts: 15,697
MN, Land of 10,000 Lakes
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Once the price goes back up, it will probably rise in dollars not cents.
We are told not to judge all Muslims by the actions of a few lunatics, but are told to judge all gunowners by the actions of a few.
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Re: oil slips below 20 analyst says the price could
[Re: Hydropillar]
#6822894
03/30/20 10:59 AM
03/30/20 10:59 AM
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Joined: Feb 2014
Posts: 13,138
Ky
jbyrd63
trapper
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trapper
Joined: Feb 2014
Posts: 13,138
Ky
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I never dreamed it would get this low
My past experience on anything when there is huge price swing both high and low.... turns out in the end not good for anybody!! I agree big oil may take a hit . BUT it will be Katrina in reverse. Small to medium companies that have a fleet of vehicles won't be spending all their profits in fuel bills. Independent truckers will benefit. For every one you say will suffer I can name you 2 that won't. Petroleum based products SHOULD go down (won't we know). How long before the 6 buck a quart oil makes a move ? NEVER lol
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Re: oil slips below 20 analyst says the price could
[Re: jbyrd63]
#6822897
03/30/20 11:00 AM
03/30/20 11:00 AM
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Joined: Jan 2018
Posts: 4,576
MN
Donnersurvivor
trapper
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trapper
Joined: Jan 2018
Posts: 4,576
MN
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BUY BUY BUY . Oil futures will SKY rocket as soon as this is over. PEOPLE will drive drive drive !!!!! Can't stand to sit at home they are the generation of RUNNERS !!!!!!!!!!! Who blinks first, Saudis or Russians?
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Re: oil slips below 20 analyst says the price could
[Re: Canvasback2]
#6822906
03/30/20 11:07 AM
03/30/20 11:07 AM
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Joined: May 2010
Posts: 2,738
Iowa
coydog2
trapper
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trapper
Joined: May 2010
Posts: 2,738
Iowa
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Saudis and Russians will keep at it and the Saudis have not a thing to loss on it . Just Russia dose and for how it is going, we will have to wait to see and how this ride will go. All I can say is we just enjoy the way the price drops and go from there , no one will know how long it will go for.
Life member of DAV,NTA,NRA,ITA.Also member of FTA,CBA
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Re: oil slips below 20 analyst says the price could
[Re: coydog2]
#6822908
03/30/20 11:08 AM
03/30/20 11:08 AM
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Joined: Jan 2018
Posts: 4,576
MN
Donnersurvivor
trapper
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trapper
Joined: Jan 2018
Posts: 4,576
MN
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no one will know how long it will go for. Agreed, this could go on for months or years, extremely hard to predict.
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Re: oil slips below 20 analyst says the price could
[Re: jbyrd63]
#6822909
03/30/20 11:09 AM
03/30/20 11:09 AM
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Joined: Mar 2007
Posts: 35,169
McGrath, AK
white17
"General (Mr.Sunshine) Washington"
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"General (Mr.Sunshine) Washington"
Joined: Mar 2007
Posts: 35,169
McGrath, AK
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I never dreamed it would get this low
My past experience on anything when there is huge price swing both high and low.... turns out in the end not good for anybody!! I agree big oil may take a hit . BUT it will be Katrina in reverse. Small to medium companies that have a fleet of vehicles won't be spending all their profits in fuel bills. Independent truckers will benefit. For every one you say will suffer I can name you 2 that won't. Petroleum based products SHOULD go down (won't we know). How long before the 6 buck a quart oil makes a move ? NEVER lol It will be SMALL oil that will take the biggest hit and the banks that own their debt.
Mean As Nails
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Re: oil slips below 20 analyst says the price could
[Re: rex123]
#6822915
03/30/20 11:13 AM
03/30/20 11:13 AM
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Joined: Jan 2008
Posts: 3,012
USA MN
Snowpa
trapper
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trapper
Joined: Jan 2008
Posts: 3,012
USA MN
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[quote=rex123]Did you ever think you would live long enough to see these prices again?[/quote
Now to live long enough to enjoy them
Never Confuse Stupid With Crazy
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Re: oil slips below 20 analyst says the price could
[Re: white17]
#6822925
03/30/20 11:24 AM
03/30/20 11:24 AM
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Joined: Mar 2010
Posts: 2,958
South Dakota
Hydropillar
trapper
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trapper
Joined: Mar 2010
Posts: 2,958
South Dakota
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Still the same price here...$6.87 thats your gas price?? or qt of oil??
The only place you find free cheese is in a mousetrap !
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Re: oil slips below 20 analyst says the price could
[Re: white17]
#6822934
03/30/20 11:34 AM
03/30/20 11:34 AM
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Joined: Dec 2006
Posts: 7,165
Three Lakes,WI 72
corky
trapper
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trapper
Joined: Dec 2006
Posts: 7,165
Three Lakes,WI 72
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Agree. This is going to be devastating for a lot of folks ! x2 How long before the Russians find a way to disrupt Saudi Oil production? I can't see Putin being intimidated by the Saudis for any length of time without a harsh reaction, probably through surrogates like Iran or Yemen. The Saudis are playing a dangerous game in a hostile environment and the way they are hurting us right now I don't see us stepping in to help them out. At least I hope not.
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