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ruet

(10,184 posts)

5. Hey Everybody!

Thu Jan 8, 2026, 01:28 PM

Jan 8

Remember when the US oil industry, pretty much, stopped drilling for oil because the price was so low? How TF are they, supposedly, going along with this?

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mwooldri Ray Bruns eppur_se_muova markodochartaigh Dixc

61 replies

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Highlight:

Trump plans to use Venezuela's huge crude reserves 'to cut US oil price to $50 a barrel' [View all] BumRushDaShow Jan 8 OP

Right after he sends out those $2 K tariff checks...in about two weeks. jls4561 Jan 8 #1

Good, maybe some of the oil belt will go broke and the fossil fuel supporters will lose their jobs. walkingman Jan 8 #2

at $50 a barrel most Oil drilling is not feasible moonshinegnomie Jan 8 #3

Right, they'll just leave it in the ground until the price goes back up ToxMarz Jan 8 #8

THIS! Getting too near or even below the 'break-even point'. Jack Valentino Jan 8 #45

The 'Orinoco crude' A Badger Jan 9 #59

Trump don't math so good C_U_L8R Jan 8 #4

Like his claim that popsdenver Jan 8 #21

Hey Everybody! ruet Jan 8 #5

I remember. SergeStorms Jan 9 #54

Well, it is SAD that some Americans vote because of the price of eggs (TSF knows that now) so he's thinking, hey bluestarone Jan 8 #6

Maybe he can crash the Russian economy by flooding the oil market. mjvpi Jan 8 #7

Saudi and Russia sort of did that to themselves back in 2020 BumRushDaShow Jan 8 #12

I was shocked he allowed that tanker seizure. SHOCKED I tell you. Callie1979 Jan 8 #34

Wouldn't that piss off our oil executives and Pootie? Buddyzbuddy Jan 8 #9

Oil Executives "you want us to crush our own industry?" underpants Jan 8 #10

I'm confused by your implication. Buddyzbuddy Jan 8 #13

I don't think he was implying anything Miguelito Loveless Jan 8 #16

That was my obvious observation and the result would be the Felon reversing course. Buddyzbuddy Jan 8 #18

I was backing up what you posted underpants Jan 8 #19

Thank you, I misunderstood. Buddyzbuddy Jan 8 #24

Everyone is having a bad day. SergeStorms Jan 9 #55

What he is saying sounds a lot more like socialism than capitalism.... Ol Janx Spirit Jan 8 #11

Socialism is GOOD if it benefits trump. nt Callie1979 Jan 8 #36

Gore Vidal called it "free enterprise for the poor and socialism for the rich." Ol Janx Spirit Jan 8 #37

Only one big problem!!: Venezuela oil does NOT belong to the U.S. riversedge Jan 8 #14

"Possession is eleven points in the law, and they say they are but twelve" Ol Janx Spirit Jan 8 #38

If memory serves, most fracked oil Miguelito Loveless Jan 8 #15

The "breakeven" price BumRushDaShow Jan 8 #23

Thanks for the chart Miguelito Loveless Jan 8 #26

Most welcome! BumRushDaShow Jan 8 #31

No wonder he bankrupted casinos. Ray Bruns Jan 8 #17

Venezuela's oil, it's nasty... MiHale Jan 8 #20

Please consider making this a separate post -- and maybe xpost in Environment/Energy ! eppur_se_muova Jan 8 #22

Done ... MiHale Jan 8 #25

thanks! eppur_se_muova Jan 8 #30

Much of the U.S. gulf of MEXICO refineries can process heavy, sour crude lonely bird Jan 8 #33

Boscan crude is, apparently, basically a rock under all but the most niyad Jan 8 #46

Step 1: Drive oil prices to $50/BBL. markodochartaigh Jan 8 #27

"Step 3: Listen to outraged Republicans go ballistic over spiraling US debt." BumRushDaShow Jan 8 #32

Step 3 only happens when a Dem is president and... Justice matters. Jan 9 #56

Next week's New Yorker Coldwater Jan 8 #28

Here - BumRushDaShow Jan 8 #41

It's so weird that so much of our oil truthisfreedom Jan 8 #29

Right? intrepidity Jan 9 #58

The economic moron stricks again. American producers will go bust on $50/barrel oil. flashman13 Jan 8 #35

but what about the relief utherpendragon Jan 8 #39

$50 oil would destroy the economies of Texas and North Dakota NickB79 Jan 8 #40

everything he says is a lie Nigrum Cattus Jan 8 #42

It was not long ago BidenRocks Jan 8 #43

the price is not trump's goal. its headlines Tetrachloride Jan 8 #44

Quiet, Piggy orangecrush Jan 8 #47

Everything he gets his tiny hands into, falls flat. C Moon Jan 8 #48

American oil companies have said they don't want Venezuela's oil IronLionZion Jan 8 #49

Dump making more shit up to destroy the economy sakabatou Jan 8 #50

Stand down everyone. SalamanderSleeps Jan 8 #51

BFD AverageOldGuy Jan 8 #52

Why, will hardly notice the military mowing us down..... SergeStorms Jan 8 #53

Trump talks to make himself feel good. Sometimes, like here, the word salad includes a number salad. hay rick Jan 9 #57

"Mexico will build the wall and pay for it...". More lies from Trump who likes to suggest his stealing will benefit artemisia1 Jan 9 #60

No, he is gong to use it to enrich himself and pay for that ballroom. (n/t) OldBaldy1701E Jan 9 #61