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originally posted by: Booji
As a individual if you got money to invest. Buy a big tank and buy gasoline and keep it treated. Especially if gas gets real low.
Fill it up, gasoline (petrol) will not be around forever. Basically stock up and save while you can. Hoard it. If everyone did this gas would be dirt cheap for a long time. Backward supply and demand.
originally posted by: onequestion
I'm waiting for my boss to call me and tell me we're working tonight so I'm active on the boards today. Anyway...
If I was an investor to me it would seem like a great time to stock up on some oil. I'm wondering.... If our country started purchasing massive amounts of oil to add to our reserves could we use that oil as leverage in future markets against the Saudis and Iran?
Seemed like a good idea to me.
originally posted by: BELIEVERpriest
originally posted by: onequestion
a reply to: Signals
I don't understand how it's bad for the economy.
Iran is trying to undercut the Petrodollar. The lower the oil prices drop, the less power USA's economy has.
originally posted by: onequestion
a reply to: BELIEVERpriest
So they are trying to devalue our currency?
Topically it seems to be alleviating our economy by offering consumers lower gas prices.
Aside from that I've read that fracking companies will go into debt before they stop producing because of what happened last time they stopped producinf(can't remember)
originally posted by: Raven1354
I'm hoping this is a sign that free energy is finally going to drop in unexpectedly...we finally jail the bankers and give Tesla tech from 1899 and now made from new materials its rightful place for all...however its looking more like russia(oil) and china(gold) have Saudi/USA(petrodollar/fiat currency) by the balls! All in all I hope it ends as peaceful as possible
Xi Jinping’s Middle East trip cannot possibly work as a messianic cure. The strategic relationship that matters is Beijing-Tehran – from the energy sphere to Eurasia integration via One Belt, One Road. But Beijing also needs Saudi oil.
Warrior prince Mohammed bin Sultan – who’s actually running the show in Riyadh - is thinking of selling Aramco. Why not offer it to Beijing? But be prepared to be paid in yuan. And all the oil goes to China. Talk about a New Silk Road offer one can’t refuse.
originally posted by: yesyesyes
originally posted by: BELIEVERpriest
originally posted by: onequestion
a reply to: Signals
I don't understand how it's bad for the economy.
Iran is trying to undercut the Petrodollar. The lower the oil prices drop, the less power USA's economy has.
I think that is a load of malarky.
When Gas was $.98 the US economy was good
When it was $4.50 the US economy was dick
I feel like the elites/media/establishment are trying to brainwash people into believe the opposite of everything
originally posted by: onequestion
a reply to: tweetie
Lol! Low gas prices just means a little more debt is getting paid off or part of the car will get worked on. A lot of people live on budgets that right.