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US tarrifs. 10% U.K., 20% EU.

On't stock trading floor, the shout goes up when T is about to say something. Everyone stops witha load of money ready and waits to see whether to hit buy or sell.
Bomb Russia?? Oh, right, which way does that send prices...??
 
There is an OPEC meeting today May 31st

It’s likely oil production will increase by 400,000 barrels

Which will cause oil to drop to $53 which is below cost for lots of USA oil production.


There will be a small drop in gasoline prices on the forecourt which Trump will claim is a win…..but he will ignore the fact the oil and gas industry in USA will fall into recession with oil wells being closed and workers being laid off.

Trump is such a massive liar
 
OPEC are manipulating the market and they’ve been given permission to do that by Orange TACO.
 
Takes one to know one I suppose.
I used to hear that phrase in primary school

Most of us have moved on, but seemingly not Reform supporters who have an emotional age of primary school children.
 
I bet you did. Is that where you also picked up the words 'Twump' and 'Twumpy'?
Twumpy wasn’t in the media when I was young.

He is a perfect example of what happens when you put an emotionally stunted person in power.
 
Only the emotionally stunted support the orange man baby.

Oh and his protege Nige

Fickos are attracted to them like flies to dung
 
There is an OPEC meeting today May 31st

It’s likely oil production will increase by 400,000 barrels

Which will cause oil to drop to $53 which is below cost for lots of USA oil production.


There will be a small drop in gasoline prices on the forecourt which Trump will claim is a win…..but he will ignore the fact the oil and gas industry in USA will fall into recession with oil wells being closed and workers being laid off.

Trump is such a massive liar
Only the shale stuff. Permian/Existing wells' costs are down in the $30's.
UK's are high high, >$52 , with all those mean and nastry countries' , like Russia, Iran, Saudi,..... much lower. Sub $10 for many.

Gasoline prices vary a lot across the US. Even oil states are over 2 bucks a GALLON now. Californians have it rough, nearly $5 a gallon.


You may think the average murrican's understanding of world finance is the number on the gas station pole, I wouldn't know.
 
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There is an OPEC meeting today May 31st

It’s likely oil production will increase by 400,000 barrels

Which will cause oil to drop to $53 which is below cost for lots of USA oil production.


There will be a small drop in gasoline prices on the forecourt which Trump will claim is a win…..but he will ignore the fact the oil and gas industry in USA will fall into recession with oil wells being closed and workers being laid off.

Trump is such a massive liar
So his trip to Saudi was a success - for the Saudis
 
So his trip to Saudi was a success - for the Saudis

Not really, the Saudis will be reluctant for cheaper oil, they're going along with Donald.

The country who will mainly suffer from cheaper oil, and I mean really really suffer is...............Russia.

Think about it.
 
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