BOOOOOM, BOTTOM DROP! OIL BELOW $5 A BARREL!!!!
Jom Stone
BOOOOOM, BOTTOM DROP! OIL BELOW $5 A BARREL!!!! by Jim Stone
DOUBLE TAKE!! I never thought it would go THAT LOW, that's cheaper than bottled water in quantity.
Upper Texas Gulf Coast oil was going for $38.30 on Feb 22 and now it is going for $4.62 a barrel. You can't make this stuff up. Adding to this is Oklahoma Sour going for $4.75 a barrel when on Feb 20 it was going for $38.25. It looks like the bottom has dropped off. How low will it go? Already it is lower than bottled water in refillable 5 gallon bottles by a LOT. Some of it is going SO CHEAP that it might as well be given away.
Go to THIS PAGE and click around. If you click a particular type of oil it's chart opens up on the right hand side. And the charts show an oil apocalypse is underway, believe me, Iran is not selling a single drop, the United States is waging the most horrendous oil war in world history. I don't think any of it has ever gone THAT CHEAP. All the American stuff is priced GUT RIPPINGLY LOW. That's going to destroy everyone that ever thought of going against the United States. Can you say BROKE?
Jim Stone
The only thing that gives the dollar any value whatsoever is oil, which is why it's called the petro dollar. So ask yourself this, "If oil is going down, down, down, how might that affect the dollars purchasing power and over-all value?" It's not a trick question Sports Fans, think, consider and contemplate on this, because this is the back-story and #1 reason for the phony baloney hoax virus dog and pony show.
Sent by rod@disroot.org