InvestorsHub Logo
Followers 93
Posts 21466
Boards Moderated 0
Alias Born 06/07/2011

Re: BullNBear52 post# 374463

Wednesday, 05/19/2021 11:17:23 AM

Wednesday, May 19, 2021 11:17:23 AM

Post# of 481117
That's past the comprehension level of-zoom zoom boy

For starters that oil was never going to be used in the USA.

It was going to be refined in TX and then sold overseas.



Just like his demigod hero tRUMP from all appearances was US anti-oil in deed or action.

First he wanted a strong USD, making US oil more expensive in overseas markets. Less US oil sold, then hits the balance of payments.

Then tRUMP wanted the Saudis to flood the US with their oil. Depressing prices for domestic oil producers.

Classic was tRUMP claiming the US was oil independent due to his administration, and was now exporting oil. The ban on US oil exports came off during the Obama administration. And the US was still not oil independent. Something about PADD-3 refineries preferring Saudi heavy over light US oil.

tRUMP really make a big deal over the Keystone. And zoom zoom boy slurped it up. Then again, can't be too ruff on zoom zoom boy, because tRUMP probably didn't understand the concept of the free trade zone either, and how it related to oil in the US.

The Jewel of the Mind is Colored with the Hue of what it Imagines

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.