The price of gasoline - plus other general economic impacts - as it pertains to the upcoming election

[MattinBama]

Have you ever heard of what's called the "dead cat bounce?"...

Indeed. It’s what I was semi expecting from the day.

 

[92tide]

Indeed. It’s what I was semi expecting from the day.

what you haven't been told is that it was really nancy pelosi who killed the cat to make the democrats look bad.

 

[TexasBama]

Saudis open the spigots. WTI now at $ 32.19 per barrel.

Energy

Get updated data about energy and oil prices. Find natural gas, emissions, and crude oil price changes.

www.bloomberg.com

 

[B1GTide]

Saudis open the spigots. WTI now at $ 32.19 per barrel.

Energy

Get updated data about energy and oil prices. Find natural gas, emissions, and crude oil price changes.

www.bloomberg.com

That is going to upset some of Trump's billionaire friends. Expect a war in the middle east to fix this soon.

 

[NationalTitles18]

Saudis open the spigots. WTI now at $ 32.19 per barrel.

Energy

Get updated data about energy and oil prices. Find natural gas, emissions, and crude oil price changes.

www.bloomberg.com

Wow. I'm going to get up out of my grave with a lot of other people to vote for Trump based on those prices.

 

[jthomas666]

Have you ever heard of what's called the "dead cat bounce?"...

It's what happens when a cat fails to land on its feet, right?

 

[92tide]

Deepening Rout in U.S. Stock Futures Triggers Limit Down Rules

 

[NationalTitles18]

Deepening Rout in U.S. Stock Futures Triggers Limit Down Rules

The price of gas will soon be good, though.

 

[81usaf92]

The price of gas will soon be good, though.

 

[TexasBama]

The price of gas will soon be good, though.

Of course, you won't be able to drive anywhere

 

[Bamaro]

Stock market now halted for 15 minutes

 

[RollTide_HTTR]

Stock market now halted for 15 minutes

Looks to have worked as intended (kind of). Still down but moving upward some.


7% drop = 15 min halt (this is what happened this morning)
13% drop = another 15 min halt
20% drop = market close

 

[TexasBama]

So, to be precise, this oil price drop was started by Trump’s good buddy Vlad.

 

[B1GTide]

So, to be precise, this oil price drop was started by Trump’s good buddy Vlad.

He tried to pressure OPEC into slowing production, didn't he?

 

[TexasBama]

He tried to pressure OPEC into slowing production, didn't he?

Actually pressured opec to increase production to stymie the US shale business, then said he’d increase production anyway and the Saudis followed. It will succeed.

 

[B1GTide]

Actually pressured opec to increase production to stymie the US shale business, then said he’d increase production anyway and the Saudis followed. It will succeed.

Sorry, you are correct. I had it backward. Russia wants an oil trade war.

 

[chanson78]

Since gas is so cheap, I have filled up the bathtub to take a bath. It feels so good to have super cheap gas. Going to vote for Trump for sure now.

 

[Bazza]

 

[TIDE-HSV]

View attachment 6442

Yeah, sad. It's cost thousands of jobs...

 

[NationalTitles18]

Bazza, the current low gas prices are a symptom of a sick economy worldwide, not the good thing you seem to believe.