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Stock market will ‘panic’ and oil prices will spike if this happens 

Fox Business
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28 июл 2024

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Комментарии : 711   
@sandracorthell4202
@sandracorthell4202 2 года назад
I do not recall oil prices being a problem under the Trump administration! Just saying...
@donnadovico8619
@donnadovico8619 2 года назад
Because Trump had a handle on it all
@dantheman1534
@dantheman1534 2 года назад
BECAUSE TRUMP IS BRILLIANT AND NOT A PUPPET
@JoJo-11of11
@JoJo-11of11 2 года назад
They’ll spike anyway because we have a senile crash test dummy for a leader . Party on Brandon
@dantheman1534
@dantheman1534 2 года назад
TRUTH - NEW NICK NAME FOR THE WALKING MUMMY, OR THE TALKING CORPSE. THERE'S MANY
@richardkroll2269
@richardkroll2269 2 года назад
Not a mention of Brandon stopping drilling leases on Federal land.
@jamie7664
@jamie7664 2 года назад
That’s a good thing.
@jamie7664
@jamie7664 2 года назад
@Joonnie Boi Ball Less Defends Racism I’m sorry that my budget isn’t impacted by marginal fuel prices. Perhaps you should make better choices.
@kentharrisgeorgia
@kentharrisgeorgia 2 года назад
No mention of the federal reserve. They have contributed a huge portion to the inflation. Printing trillions of dollars out of thin air causes everything to be more expensive.
@normmccray5028
@normmccray5028 2 года назад
It was solved - Trump had us independent of Foreign Oil . Jobama sent us back overseas !
@jamie7664
@jamie7664 2 года назад
No he didn’t. He had us energy independent. Big difference. We still relied on foreign oil.
@bullitt7544
@bullitt7544 2 года назад
Don't worry Brandon will screw it up more than can be imagined. Good move on Keystone.
@clevelandmortician3887
@clevelandmortician3887 2 года назад
And moratorium on drilling public lands
@wildchild2193
@wildchild2193 2 года назад
Of course it will be $100 oil . the Federal reserve has printed over 50 trillion dollars in the last 2 years and handed it out everywhere including other countries
@breakthrough8628
@breakthrough8628 2 года назад
Lets go brandon
@garybiggs9010
@garybiggs9010 2 года назад
It may be $150.00 or more in US dollars, but many countries are dropping the US dollar. So, it's Americans who will pay more with worth less dollars.
@noerodriguez1252
@noerodriguez1252 2 года назад
I can not say it any louder and angrier than yell. What the he'll is the Biden administration doing? Let's go Brandon
@davidpotwin1691
@davidpotwin1691 2 года назад
All according to plan . Biden has been bought and paid for by China and Russia and supporting Iran he is on their side !
@maryjankowski9032
@maryjankowski9032 2 года назад
He is killing US in every way, in every area of our economy and military and servival in the world.
@rightsideofhistory1776
@rightsideofhistory1776 2 года назад
Systematic destruction of America.
@digitalman6603
@digitalman6603 2 года назад
Noe, That isn't Joe Biden. You think it is because you don't know any better. That is a man wearing a mask that looks very similar to Joe Biden. Just go look at photos from his VP days. Not the same guy. The plan is to crash our economy so they can bring in am all digital currency system. Protect yourself, Buy food now and stockpile it while you can afford it.
@robertjenkins3739
@robertjenkins3739 2 года назад
They're trying to tank the economy, that's what they're doing. I'm sure you all know the rest.
@correctednews1463
@correctednews1463 2 года назад
Even if the most ridiculous targets for percentage of EVs on the road were realized, *where will the electricity come from for millions of new EVs?* The capacity for that much additional power does not exist and EV conversations NEVER address that fact.
@truthmarshal6627
@truthmarshal6627 2 года назад
It won’t come from wind and sun, I can tell you that much. No mention of the cost either. The average person cannot afford an EV or its maintenance, therefore will most likely have no noticeable overall impact on carbon emissions. I have no problem exploring other energy alternatives, just be realistic and honest about it.
@andromedach
@andromedach 2 года назад
Understand that most people who own an EV are not charging from 0 to full. They are simply replenishing what they used that day. Think of it like this, you drive to work and on your way home you top up your tank at the station. How much are you adding each day? Very little compared to if you waited until you were empty. Plus many EVs allow scheduling of charging time so they can do so during off peak times. Five to ten kWh of charging by tens of thousands of EVs scattered across the day are not going to harm the grid
@Deathklok13420
@Deathklok13420 2 года назад
@@andromedach it doesn’t matter how you charge your car, the amount of energy a month will be the same. It’s astounding how ignorant “climate activists” are. Do you ignore the diesel powered charging station you charge your Tesla at? Do you even know how horrible for the environment solar and wind power really are?? You can’t just recycle wind turbines. Do you know how much it cost to maintain a solar panel?
@commonsenseisntcommon1776
@commonsenseisntcommon1776 2 года назад
FJB!
@veramonique1724
@veramonique1724 2 года назад
Let’s not forget that the biggest payouts in the markets don’t come from great performances but rather it’s great promotions. Stay invested, diversification for streams of incomes is very important
@danieljamal3709
@danieljamal3709 2 года назад
It’s the start of a new year and the non - investing public should really pay attention to the markets cause there’s no better time to invest than this period, I’m speaking from experience. I just dropped some cash in crypto too
@veramonique1724
@veramonique1724 2 года назад
Leaving it in investments rather than my bank accounts is one decision I’ll never regret, over the years I’ve accumulated tons of wealth from proper investments in Bitcoin, non-fungible tokens (NFTs) and stocks. Currently I plan on maximizing my gains and growing my portfolio even bigger
@paulharold6721
@paulharold6721 2 года назад
Be it a crash or rise the financial markets will always have lucrative means for folks to earn decent payouts. I’m just being inquisitive? how are you yielding gains
@devdaniel3225
@devdaniel3225 2 года назад
I’ll take investments in stocks any day they’re very remunerative only problem I’m having is I really don’t know how to go about it, I do get lost and overwhelmed by the markets. any solid pointers would be helpful, I’d appreciate if I got a reply
@veramonique1724
@veramonique1724 2 года назад
In general knowledge without experience, in the markets indeed can become very inundating, since the pandemic till today I don’t rely on full time jobs for money cause my expert Vivian Klaine Morgan actually pay off and I’m passively earning incomes. system has kept my portfolio elevated and healthy.
@onedrop7967
@onedrop7967 2 года назад
Sure if we had a different administration.... We don't. Prices on everything will go up.
@planet7027
@planet7027 2 года назад
This is why we want a decentralized monetary system. We are tired of this manipulation. And you mainstream media platforms…we see through you
@davidpotts3844
@davidpotts3844 2 года назад
Oil Prices were at $100 a barrel during Obama how soon we forget
@timothyvincent3436
@timothyvincent3436 2 года назад
6uild 6ack 6etter. 4Bidden Joe fulfilling his master's wishes. Ha ha.
@aarongoodwin4845
@aarongoodwin4845 2 года назад
For the same reasons as now! Intentionally!
@marshalllaw2865
@marshalllaw2865 2 года назад
FREEDOM IS COMING.. MAN DATE THAT
@riskey6788
@riskey6788 2 года назад
HERO TRUCKERS ‼️ Human rights 🌎 Freedom ❤️
@blueskies5670
@blueskies5670 2 года назад
If Russia supply’s the oil market only with 5 million barrels per day, how can be reached 100 million barrels per day worldwide consumption? Also EV’s are charging the batteries from national electrical grid, which the energy is primarily produced by hydrocarbons.
@jeffreyhancock8831
@jeffreyhancock8831 2 года назад
Get ready for an even bigger outcry from the people when they file their taxes this year. You know that "stimulus" they gave us to "help get through the pandemic?" That wasn't a gift. That wasn't 'free" so to speak. This may get even uglier if they do raise the cost of oil.
@evelynkope2842
@evelynkope2842 2 года назад
We would not be having this discussion if Biden had left our pipe lines open. 🤬
@paulward5491
@paulward5491 2 года назад
He closed all of our pipelines? Wow!
@rich-qk7dc
@rich-qk7dc 2 года назад
@@paulward5491 just a few but he made it extremely difficult for the others while green lighting Russias pipeline makes you ask who’s side is he on?
@flipnotrab
@flipnotrab 2 года назад
How do you close something not completed?
@jamie7664
@jamie7664 2 года назад
What are you talking about? You really have no clue how anything works, do you?
@rich-qk7dc
@rich-qk7dc 2 года назад
@@jamie7664 let me explain in the simplistic terms so even you can understand Trump promised to make the USA energy independent while while Biden promised to crush our independence which he did
@beckyb2814
@beckyb2814 2 года назад
💞🇺🇲 America open the oil wells.⛽ Restart keystone pipeline. This will help everyone. Including forgiegn countries. 🙏🕊️
@breakthrough8628
@breakthrough8628 2 года назад
What u say is accurate, however this will not happen while jpe biden is president. Lets go brandon
@josephtpg2205
@josephtpg2205 2 года назад
Biden issues more oil permits than Trump did. Facts matter. Bullying doesn't
@jamie7664
@jamie7664 2 года назад
The Keystone pipeline that goes to CANADA? I thought you wanted us to be independent.
@Robert-ug5hx
@Robert-ug5hx 2 года назад
@@jamie7664 better to enrich our northern neighbors than the middle east and Rusdia, as a taxpayer I would be ok paying the financial damage on keystone ro get it back up and finished
@ronwinkles2601
@ronwinkles2601 2 года назад
Never happen! Democrats will never reward hard working conservative Americans by putting them to work.
@icestationzebra8636
@icestationzebra8636 2 года назад
Raising the oil Prices helps Russia as their economy is based mainly on oil production. That means more money for the Russian military. Putin is not an idiot.
@dantheman1534
@dantheman1534 2 года назад
BUT BIDEN IS AN IDIOT. PROVEN
@ey6008
@ey6008 2 года назад
The US will have to start drilling their own oil now
@barryallison5378
@barryallison5378 2 года назад
It should have never stopped. Let's go Brandon
@Duke_of_Prunes
@Duke_of_Prunes 2 года назад
You mean: "start drilling their own oil, AGAIN." The USA was fine until Brandon took over.
@swinuyasha
@swinuyasha 2 года назад
SWEET!
@user-qi2jj5nh4h
@user-qi2jj5nh4h 2 года назад
Brandon is too stubborn & stupid to walk back any of his failed policies! Open borders and no energy independence will stay as long as he occupies the Oval Office!
@daisyflores7538
@daisyflores7538 2 года назад
We were drilling fir own oil thanks to President Trump. And them came Brandon and set us back to the obumer era.
@timfatout5339
@timfatout5339 2 года назад
Electic vehicles won't reduce demand for oil - you have to have it to generate electricity to charge the car batteries.
@197tyrone
@197tyrone 2 года назад
Let’s go Brandon
@mmabagain
@mmabagain 2 года назад
Let's go Brandon!
@jaywalker712
@jaywalker712 2 года назад
Since we seem to have so many "experts" on here please explain this, why does America export millions of barrels of oil to apx 174 countries and them import millions of barrel back into the USA? Also the average item you purchase has traveled 2500 miles to get to you. Anytime you move any object it cost money, now there are people in government that will tell you driving 100 miles to save a dollar on an item is good business.
@gdiwolverinemale2745
@gdiwolverinemale2745 2 года назад
Contributes to the turnover, which is crucial, according to Nobel Prize-winning economists. Of course, that is too complicated for you or me to understand.
@johnatkins3017
@johnatkins3017 2 года назад
If we had a good POTUS, there would be no oil problem in the USA.
@daveminer9217
@daveminer9217 2 года назад
If we still had TRUMP, we would have no oil crisis, and electric cars would still be doing fine because only wealthy people can truly afford them right now. And there are plenty of wealthy people out there who voted for Joey who don't care about middle income, and low income people.
@brianschettler4004
@brianschettler4004 2 года назад
@@daveminer9217 Joey doesn't care about the low or middle income families
@daveminer9217
@daveminer9217 2 года назад
@@brianschettler4004 Agree. Sad fact is Joey doesn't even know where he is 99% of the time.
@sashamoore9691
@sashamoore9691 2 года назад
Trump sucks
@daveminer9217
@daveminer9217 2 года назад
@@sashamoore9691 Thought I'd help you out by passing along these easy to follow instructions on how to use the U-tube comment section. 1.Put your brain in think mode. 2. Make an intelligent comment. Your Welcome
@miked6875
@miked6875 2 года назад
Get rid of Biden and crew and everything will go back to normal.
@donnastokes-manning6175
@donnastokes-manning6175 2 года назад
Only if another dem or a RINO do not get in power.
@BootzHilomaz
@BootzHilomaz 2 года назад
The shorter the time frame you're looking to be in a play, usually the greater risk you're taking. The longer time you give yourself, the less risk involved as you are allowing yourself more time to hit your target.
@PhilippeVargas
@PhilippeVargas 2 года назад
As the economy crisis keep rising,one needs to have different streams of income, a well detailed diversified investment portfolio in the financial markets is needed to survive, as well as secure a profitable investment future! Wondering if viewers here are familiar with Camille Anne Hector trading strategies
@BootzHilomaz
@BootzHilomaz 2 года назад
My advice to everyone panicking right now is to look at history, If the stock market could recover from the 2008 financial crisis and the Dotcom crash, Definitely the market would get through whatever comes next as well.
@TheApostle-ee3fu
@TheApostle-ee3fu 2 года назад
@@PhilippeVargas I came across this name while reading an article on CNBC, . But i wasn't given much information about her. Could you pass along the tutor info, because i would love to try out her service for myself?
@PhilippeVargas
@PhilippeVargas 2 года назад
@@TheApostle-ee3fu You should look her up I believe the platform she provides will help you cut risk, and increase your ROI.
@ollyfloyd4143
@ollyfloyd4143 2 года назад
Stock trading is a very profitable trade but many people fail to understand that in any trade you must go by a certain rule for you to succeed, you must have a reliable strategy for you to make profit.
@2ndProtects1st
@2ndProtects1st 2 года назад
FJB
@NHJDT
@NHJDT 2 года назад
Our quality of life has gone down dramatically due to the Federal Reserve colluding with the government
@ronwinkles2601
@ronwinkles2601 2 года назад
You ain't seen nothing yet. When it becomes apparent, true inflation is more like 30% annually instead of 7%. Look at the little items you use in the course of daily life.
@danawelch5593
@danawelch5593 2 года назад
All according to plan. Put the small drillers out of business so BP, SHELL, and Exxon can cash in and set the prices
@paulward5491
@paulward5491 2 года назад
The president has the power to prevent that.
@gdiwolverinemale2745
@gdiwolverinemale2745 2 года назад
That's not exactly the plan. They want the green energy producers to take the cream off the cake
@Smalzlanky
@Smalzlanky 2 года назад
Stock market is a place where business should work hard for our investment to multiply, while we relax avoid continuously tracking our investment everyday, weekends, night, allow compounding to happen
@Smalzlanky
@Smalzlanky 2 года назад
Trading with Mrs Katherine is the best option
@yourney680
@yourney680 2 года назад
@@Smalzlanky I think I'm blessed because if not I wouldn't have met someone who is as spectacular as she is the best broker I ever seen
@alexmorganfreeman9269
@alexmorganfreeman9269 2 года назад
@@Smalzlanky Please can you share her details?
@carolburnett2201
@carolburnett2201 2 года назад
A friend that I referred to her just received $7,050 profit after 10 days of investing....I became jealous.. lol
@brandondicks6196
@brandondicks6196 2 года назад
I've made over ten thousand bulks profit with her.... highly recommended
@sunshinemm5905
@sunshinemm5905 2 года назад
The only crisis we have is our Government spending
@steveothepainterreeding9126
@steveothepainterreeding9126 2 года назад
$ 100+ is what the squad wants. And it will get there
@thomasmadden1011
@thomasmadden1011 2 года назад
It go up to $150 . Barrels oil next few weeks , the shareholder that playmargtt
@thomasmadden1011
@thomasmadden1011 2 года назад
If having internet problems sorry errors , play the stock market make money
@williamrobson8876
@williamrobson8876 2 года назад
ANOTHER DAM BOOK? everyone is writing a book!
@SigmaMaleCountMartelus
@SigmaMaleCountMartelus 2 года назад
Get ready to pay $10/ Gallon....very soon
@escapegrl1
@escapegrl1 2 года назад
someone I follow predicts this. David Bet
@SigmaMaleCountMartelus
@SigmaMaleCountMartelus 2 года назад
$ 100 / barrel , try $200.
@mohammadwasilliterate8037
@mohammadwasilliterate8037 2 года назад
*I hope oil hits $140/barrel myself, that will show USA why they should be oil independent.* 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
@edwardharrison9714
@edwardharrison9714 2 года назад
Unfortunately the Communist Democrats will make sure America goes to its knees and never has energy Independence
@kevinyaucheekin1319
@kevinyaucheekin1319 2 года назад
@@edwardharrison9714 Please if its $20 a gallon for gasoline. They will.
@bobleclair5665
@bobleclair5665 2 года назад
Was stopping the pipeline part of the plan
@lelawilkerson4299
@lelawilkerson4299 2 года назад
YOU REALLY ARE ASKING THIS???? TAKE YOUR BLINDERS OFF 🙄🙄
@brexit9279
@brexit9279 2 года назад
Don’t REPORT WHAT YOU THINK WILL HAPPEN, REPORT WHAT HAPPENED! That is what news is!
@jophoenix3919
@jophoenix3919 2 года назад
The disruption is FOOD!! TO MENY HUMANS.
@chris-pj7rk
@chris-pj7rk 2 года назад
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@jameswood9772
@jameswood9772 2 года назад
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@fredgallag6097
@fredgallag6097 2 года назад
The difficulty with most investors is that they choose rapid gratification over patience. In the financial market, patience is a characteristic that comes in handy. It's not a get-rich-quick plan, so don't expect to get rich immediately.
@johnlennon232
@johnlennon232 2 года назад
just find a suitable financial advisor on stock/crypto to direct you on what to do, personally i use Katherine Rae Lobe, my finance has really grown and my portfolio is doing great, her strategies just gives me what i want.
@jessicamoore3093
@jessicamoore3093 2 года назад
@@johnlennon232 does she take clients from london? does she trade stock?
@johnlennon232
@johnlennon232 2 года назад
@@jessicamoore3093 You can get more info on her services on the web, just search her name because i don’t think its ideal dropping her contact info here.
@michaelarens2046
@michaelarens2046 2 года назад
The how does one produce the electricity to charge this new fleet of EV's🤔
@donf3877
@donf3877 2 года назад
They will carpet the entire country... mandate leather soles... and everyone will be required to slide their feet. The static electricity generated will supply the entire world. Well, THAT idea is as good as any coming out of this administration..................................
@mmabagain
@mmabagain 2 года назад
With petroleum. Oil.
@leetaylor6000
@leetaylor6000 2 года назад
Its not so much a supply chain issue per se rather an importation issue. Rebuild our manufacturing base and much of this would not be an issue here at home.
@dangilbertson9040
@dangilbertson9040 2 года назад
The crisis is completely due to Brandon stopping domestic production.
@rackets7991
@rackets7991 2 года назад
Why would producers ramp up production if they believe they can get $100 a barrel if they wait? Doesn't sound like very good business to me..
@flipnotrab
@flipnotrab 2 года назад
Exactly! This is exactly why many oil well owners in OK, TX and other states capped their wells back in EARLY 80’s. Already sitting on billions of dollars so why spend any money on overhead when you can sit on it until it hits $100-$150 or???
@thomasmadden1011
@thomasmadden1011 2 года назад
What about Saudi Arabia oil fields , inflation ,everything up
@anniesshenanigans3815
@anniesshenanigans3815 2 года назад
Newsflash...oil prices already spiked
@williamgibb5557
@williamgibb5557 2 года назад
Not spiking yet. That's still ahead. This crap not my fault.
@maximuslongfellow3820
@maximuslongfellow3820 2 года назад
Keystone Pipeline!
@paulward5491
@paulward5491 2 года назад
Our savior! Are all the others closed?
@paulmoore9019
@paulmoore9019 2 года назад
Yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes the Democratic party wants oil prices to go up they love it when oil goes up
@johnmichaels6302
@johnmichaels6302 2 года назад
Let's go Brandon great job 👏👍
@wardcasey5703
@wardcasey5703 2 года назад
I AGREE
@kenhurley4441
@kenhurley4441 2 года назад
Isn't our refineries more unstable than oil production? Just wondering.
@williammorgan7769
@williammorgan7769 2 года назад
Electric vehicles get their electricity from burning fossil fuels.
@flipnotrab
@flipnotrab 2 года назад
Hydro-power is what then? 😂
@otishall8305
@otishall8305 2 года назад
Remember that you voted for this !!!
@mmabagain
@mmabagain 2 года назад
No, the majority of people voted for Trump. Just think about that statement.
@taxfreetea
@taxfreetea 2 года назад
What ticker symbol should I look at for this oil spike
@defyingfinance9882
@defyingfinance9882 2 года назад
Our target is a long-term play on XLE (unless its creams higher too fast) is $130 in 2025 and collecting dividends makes this an amazing long term play.
@dantheman1534
@dantheman1534 2 года назад
OIL IS THE PLAY. FANG, PXD, COP
@priceless55
@priceless55 2 года назад
Americans has no savings. Why?.
@dbrew2u
@dbrew2u 2 года назад
Between the Fed's insane Policies . And the Russia & Ukraine crisis we will be very lucky if the price of Oil only reaches $100.00 a Barrel .
@dgilvani
@dgilvani 2 года назад
It will be over a 100 in about a month no matter what! Have they not been tracking it?
@stanley4318
@stanley4318 2 года назад
I believe that the crypto market has already factored in inflation. These cunning rodents are always two steps ahead of the competition because they are market creators. I'm praying I'm mistaken and they won't dump it on individual investors like they did in the past. Those that hold on to their profits the longest will reap the greatest rewards; I trade and hold profits. Keep up the excellent work! Craig Zach has also been researching all charts, trades, and methods on BTC, which has lately helped my portfolio grow to 17 BTC
@austinnada3105
@austinnada3105 2 года назад
Most failures and loss on Investment usually happens when you invest without proper knowledge of the market. I was able to recover my losses with Craig Zach
@stanley4318
@stanley4318 2 года назад
@dave bianchi Craigzach
@stanley4318
@stanley4318 2 года назад
@dave bianchi Craigzach ..Te le gr am ,.📧📧📧
@dantheman1534
@dantheman1534 2 года назад
100% INVESTED IN OIL STOCKS : FANG, PXD, COP +21% YTD. GOING MUCH HIGHER
@jeffbesotes6284
@jeffbesotes6284 2 года назад
We were energy independent but this administration needs to pay debt to all these countries that got Biden elected.
@flipnotrab
@flipnotrab 2 года назад
Funny how you fools don’t understand why it’s foolish to be “independent” like that.
@rustynail7866
@rustynail7866 2 года назад
@@flipnotrab yeah...foolish...but for who?
@flipnotrab
@flipnotrab 2 года назад
@@rustynail7866 USA, that’s who. Think there is “unlimited” oil? Nope! Why use your own resources when you can deplete others first?
@rustynail7866
@rustynail7866 2 года назад
@@flipnotrab would have worked in previous generations, but now , with focus on green energy, everything changes. Take a good look around. An energy revolution is happening, as we speak. Why not keep energy prices reasonable during the transition?
@myemail5457
@myemail5457 2 года назад
Be burning vegetable oil to keep warm.
@mmabagain
@mmabagain 2 года назад
At least until Brandon sees it and puts a stop to it.
@SysterEuropa
@SysterEuropa 2 года назад
3:05....not an intelligent question. EV's are charged by electricity that is produced largely by fossil fuels. As the demand for electricity goes up because of more EVs on the road, then more fossil fuels are required for the power plants.
@jmjfanss
@jmjfanss 2 года назад
Yep.
@priceless55
@priceless55 2 года назад
We can't just go with broken system. Let's go Brandon.
@slickdiggler1197
@slickdiggler1197 2 года назад
I remember when Bush was president oil was $140 a barrel.
@mrmustangman
@mrmustangman 2 года назад
Here’s what actually happened over the past 20 years. President Bush took over during the early 2000s recession, which was caused in part by the dot-com bust. He then encountered the 9/11 tragedy early during his first term, and that helped keep a chill on the global economy. That is largely responsible for keeping oil prices in check during his first term. During President Bush’s two terms, U.S. oil production fell steadily. Imports of crude oil and finished products had been rising for years, but they reached an all-time-high in the U.S. during Bush’s second term. OPEC was gaining increasing pricing power, and they were slow to respond to the ongoing decline of U.S. oil production. That led to oil prices that continued to spiral higher. WTI reached a peak price above $140 a barrel (bbl) in June and July 2008. That spike in prices helped push the U.S. into a recession, which caused oil prices to come crashing down to $30/bbl by the end of 2008. President Obama took over during this recession in early 2009, and hence he received the benefit of low gasoline prices during his first year in office. But the economy recovered, and the price of WTI soon returned back above $100/bbl. Meanwhile, a hydraulic fracturing ("fracking") boom had been gaining momentum since Bush’s second term in office. By 2014 U.S. oil production had increased by so much that OPEC responded with a price war that ultimately sent oil prices below $30/bbl. That’s why gasoline prices plunged during Obama’s last two years in office. By the time President Trump assumed office, OPEC had learned their lesson, and was back to trying to curb production to influence prices. But the continued rise of U.S. oil production made this difficult. While they were able to boost prices somewhat, the power they had to boost prices a decade earlier had diminished. Then the Covid-19 pandemic hit in 2020, and that helped send oil prices all the way into negative territory. That is why average gasoline prices were so low during Trump’s last year in office.
@sharoncombs58
@sharoncombs58 2 года назад
What container shortage? You just slid that in like that was the reason for shortages. This video is useless and also dishonest.
@paulward5491
@paulward5491 2 года назад
Yes. And most folks don't have a clue about how the oil market and production works.
@ramon-qx8nt
@ramon-qx8nt 2 года назад
It’s not an “is” it’s a when.
@9unslin9er
@9unslin9er 2 года назад
The word you are looking for, is "if"
@masterstacker2833
@masterstacker2833 2 года назад
You can be positive when there is a headline that says ... THIS MAY HAPPEN IF ... that it won't.
@pegarrecio5644
@pegarrecio5644 2 года назад
Welcome to the all American Parade of Follies, please queue after Chile. It's all dancing, drinking and merrymaking !
@seekeroftruth9900
@seekeroftruth9900 2 года назад
bread and circus
@jverderber
@jverderber 2 года назад
Inflation is not going anywhere for the next 5 years
@garybiggs9010
@garybiggs9010 2 года назад
Yes it is,...UP!
@JBulsa
@JBulsa 2 года назад
No where ever.
@dianascrimger284
@dianascrimger284 2 года назад
We are wondering if we pay a mortgage to a foreign owned bank does it reduce or increase the deficit?
@snackattack1561
@snackattack1561 2 года назад
Gasoline cost 2.10 euro a liter 🤣😂🤣😂🤣😂
@williamgibb5557
@williamgibb5557 2 года назад
I remember traveling through Germany in later 70s and questioning the prices because I used to gallons not liters. Sorry for the price now but ours up $1.50 over 13 months. FJB.
@Sagar_Sinha01._
@Sagar_Sinha01._ 2 года назад
Despite the economic crisis its still a good time to invest in Gold and crypto 💯
@louisfernandez5983
@louisfernandez5983 2 года назад
Wise words 👌 thats why I trade with my professional broker Mrs Michelle Rene lucy her strategies are working for me at the moment
@Whats-App3
@Whats-App3 2 года назад
I'm a living testimony of Mrs Michelle
@Whats-App3
@Whats-App3 2 года назад
She's obviously the best I invested 2000USD with her and in 9 days I made a profit of 9101USD
@dougiefresh9618
@dougiefresh9618 2 года назад
O! Another investing commercial
@garybiggs9010
@garybiggs9010 2 года назад
Yup, Silver and Gold is the future. Crypto, not so much.
@USA-GreedyMenOfNoIntegrity
@USA-GreedyMenOfNoIntegrity 2 года назад
Poor babies won’t be able to run the roads to show off your $80K jacked up truck or SUV.
@davidr6865
@davidr6865 2 года назад
Worry about the trucking prices and how that will impact affordability of food and materials….the $80k jacked up truck owners won’t be affected.
@seotenin
@seotenin 2 года назад
Vote them out
@timz7815
@timz7815 2 года назад
Why does nobody discuss investing in nuclear to support the electric grid?
@HienNguyen-bl1wg
@HienNguyen-bl1wg 2 года назад
Don't forget rare earth for lithium ion battery is limit. Price of oil is way below in 2008 because of inflation.
@hintoflimetostitochip7978
@hintoflimetostitochip7978 2 года назад
Well puts on oil.
@matt-tasticaus9565
@matt-tasticaus9565 2 года назад
By design
@LectronCircuits
@LectronCircuits 2 года назад
Whatever the resolution, outcome will be the same: ordinary folks (just barely getting by) are screwed. Cheers!
@peetydontpass8309
@peetydontpass8309 2 года назад
You Go J.B.
@ericpatrick5542
@ericpatrick5542 2 года назад
My Favorite Stocks To Stock Up Is Silver And Gold Stocks.
@rustynail7866
@rustynail7866 2 года назад
Mine is lead.
@williamrobson8876
@williamrobson8876 2 года назад
So you write a book now that makes you a genius everybody's writing books and everybody's talking about their books let's let's talk about the real things going on
@paulward5491
@paulward5491 2 года назад
It is hard when we don't have a clue about his area of expertise. Waay above our heads.
@theendyes3697
@theendyes3697 2 года назад
It's already over a hundred dollars
@clifforddupray7108
@clifforddupray7108 2 года назад
Let hire Trump for our energy needs and to control the boarders. they need his help . We are Americans Let's help each other out in this time hire Trump to set policy for these needs . He can work as a private citizen to get us out of this slump
@miikkakangas6750
@miikkakangas6750 2 года назад
Technically he could be president soon if: he runs as a rep, wins, gets elected as speaker of the house, then Brandon and Harris get impeached….presto! So the only hitch is Trump not likely to run to be a representative. The rest of this seems likely.
@escapegrl1
@escapegrl1 2 года назад
lol If Brandon just left things as they were from the start, we wouldn’t be in this mess.
@republicunited2183
@republicunited2183 2 года назад
Bring our elected President Trump back!
@graciefreebush394
@graciefreebush394 2 года назад
He's going to prison.
@BeefZupreme
@BeefZupreme 2 года назад
Why? What will change? A new mouth piece for the government?
@bobdavidson9770
@bobdavidson9770 2 года назад
@@graciefreebush394 We found the Biden lover.
@graciefreebush394
@graciefreebush394 2 года назад
@@BeefZupreme Well, if they brought back the dude who lost, democracy would die.
@graciefreebush394
@graciefreebush394 2 года назад
@@bobdavidson9770 Lol. Don't judge me by your standards. I don't fangirl for anyone. I vote.
@scottrussell6717
@scottrussell6717 2 года назад
Thanks to Biden and crew
@clintongilley842
@clintongilley842 2 года назад
I don't trust the elderly perspective on the economy. Sounds to me he is driving a narrative that validates his own portfolio and out of date ideas and beliefs.
@sashamoore9691
@sashamoore9691 2 года назад
Exactly
@Goditsthetruth
@Goditsthetruth 2 года назад
FJB!! 🖕🖕
@suwarto3548
@suwarto3548 2 года назад
Must to chenge energy from energy fosil to electrik energi without to chenge energi can not geting solution for inflation or usually to eat breat to eating rice.
@kinghenry8615
@kinghenry8615 2 года назад
ask the Germans how well their Green experiment is going
@judaspreistvlct
@judaspreistvlct 2 года назад
The good, sweet, oil that is left is very hard to get at. It is becoming increasingly difficult to suck 97,103,871 out of the ground. Another major crash is coming!!! Notice that this time, it was a much shorter interval.
@betatoalpha3689
@betatoalpha3689 2 года назад
Also skrew Russia we need to fix America
@thomasjbraun1
@thomasjbraun1 2 года назад
Thanks Joe
@andrewreiss2811
@andrewreiss2811 2 года назад
Americans are on there last string we've had enough.If oil goes up anymore people are going to snap.Enough is enough.
@jamie7664
@jamie7664 2 года назад
Stop relying on it. Get a fuel efficient car. Dump your fossil fuel burning furnace for a heat pump.
@andrewreiss2811
@andrewreiss2811 2 года назад
@@jamie7664 Trump 2024!!
@dr.j.latourhighpriestdod5192
@dr.j.latourhighpriestdod5192 2 года назад
Oh, they have another recipie to take your wealth!
@ginadefonte6444
@ginadefonte6444 2 года назад
I don’t understand the Biden administration it’s like you buying a successful restaurant in the next day getting rid of the chef and all your help I just don’t get it
@mmabagain
@mmabagain 2 года назад
It's done on purpose. Biden and his people are literally enemies of America.
@fcukyou2_
@fcukyou2_ 2 года назад
why cant they umderstand that the majority of Americans won't ever buy an electric car?
@nickscarter9609
@nickscarter9609 2 года назад
THE. U.S.A. IS DEPENDS ON 15 OTHER COUNTRIES FOR OIL, TOP OF WHAT THE U.S. PRODUCES, MIKE WIRTH C/O CHEVRON SAID, EVEN RUSSIA !
@smartlylever9908
@smartlylever9908 2 года назад
Exactly. In his first year Biden has gone from having to import 85,000 barrels of oil a day from Russia to 250,000!
@m1ferreira465
@m1ferreira465 2 года назад
I got a question, do rockets 🚀 create GREEN HOUSE GASES?
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