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2022-02-04 Economy

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Posted by Lord Garth 2022-02-04 00:00|| || Front Page|| [11125 views ] Top

#1 As annoying as it is, I'm not in the mood to get laid off again. And yes Skid, I'm a rig guy. Been MWD, Mudlogger, and now I do automation software. Out here on a rig in West Virigina atm.

Posted by Silentbrick 2022-02-04 01:52|| 2022-02-04 01:52|| Front Page Top

#2 In the 70's they simply slowed the crude oil ships down to drive prices up.

Posted by crazyhorse 2022-02-04 02:04|| 2022-02-04 02:04|| Front Page Top

#3 Can it get any worse?

Posted by Merrick Ferret 2022-02-04 05:13|| 2022-02-04 05:13|| Front Page Top

#4 #3 Can it get any worse?

You know better than to ask that question!

Posted by Nguard 2022-02-04 08:14|| 2022-02-04 08:14|| Front Page Top

#5 Two simple acts - reenact Trumps fracking authorization and the keystone pipeline, would stabilize prices. But NOOOOOOOOOO. Self Inflicted Wound!

Posted by Procopius2k 2022-02-04 08:31|| 2022-02-04 08:31|| Front Page Top

#6 How can we support Chinese solar production if we open the Keystone ?

Posted by Besoeker 2022-02-04 08:44|| 2022-02-04 08:44|| Front Page Top

#7 BLS report out just now. +467k non farm payroll (that's right an increase - once again the ADP and BLS numbers don't agree well). Unemployment stays at 4.0; average workweek down a bit. In all not too bad.

However, with the inventory build up in January, I fear February's numbers (tb released 4 March) will not be pretty.

Posted by Lord Garth 2022-02-04 08:46|| 2022-02-04 08:46|| Front Page Top

#8 FOOD FOR THOUGHT
Crude Oil per Barrel prices over the last 22 years.
In Jan. 2000 it was $45.66 a barrel and adjusted for inflation that would be $73.93.

The highest on record price for a barrel of Crude Oil Barrel since the year 2000, happened in June 2008 when it peaked at $178.36 a barrel.

Note: Yep! it happened under the Obama Admin, which is strongly rumored to be now steering this Admin/Junta.

Posted by NN2N1 2022-02-04 09:15|| 2022-02-04 09:15|| Front Page Top

#9 in June 2008, W was Prez

Posted by Lord Garth 2022-02-04 09:35|| 2022-02-04 09:35|| Front Page Top

#10 Gas prices jump in Keystone Pipeline cancellation fallout

Posted by Skidmark 2022-02-04 14:33|| 2022-02-04 14:33|| Front Page Top

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