2020-04-22 Home Front: Politix
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AOC deletes tweet celebrating oil price crash after she is criticized for making light of job losses
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 - [Daily Mail, Where America Gets Its News] Democrat quickly removed the post after US crude oil futures turned negative
- They hit a stunning minus $37.63 a barrel; it was roughly $60 at the start of 2020
- 'You absolutely love to see it,' Ocasio-Cortez replied to a post on the news
- AOC then followed up her tweet with a post calling the slump a 'key opportunity'
- Representative Jodey Arrington hit back: 'I don’t “love to see” oil & gas workers & their rural communities suffering as a result of this devastating price collapse'
- Traders are still paying $20.43 for a barrel of U.S. oil to be delivered in June
- Oil is traded on its future price; the May futures contract expires Tuesday
- That exacerbated volatility; by Monday evening US oil prices were back above 0
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Posted by Fred 2020-04-22 00:00||
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Posted by Alaska Paul 2020-04-22 12:36||
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Posted by Lex 2020-04-22 23:08||
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Posted by trailing wife 2020-04-22 23:42||
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