At the time it was an outstanding deal. Of course, if mr selfie were in the same position, he would have waited until now to buy, with his great hindsight. It really is a shame that the U.S. does not have these enlightened liberal hindsighters in charge. I bet that all of them are great back seat drivers also...
Originally posted by: David Miller
At the time it was an outstanding deal. Of course, if mr selfie were in the same position, he would have waited until now to buy, with his great hindsight. It really is a shame that the U.S. does not have these enlightened liberal hindsighters in charge. I bet that all of them are great back seat drivers also...
Okay, now crude is at about -$37. And President Trump bought at $30. Great deal!
“Based on the price of oil, I’ve also instructed the Secretary of Energy to purchase at a very good price large quantities of crude oil for storage in the U.S. strategic reserve. We’re going to fill it right up to the top, saving the American taxpayer billions and billions of dollars, helping our oil industry [and furthering] that wonderful goal — which we’ve achieved, which nobody thought was possible — of energy independence.” - President Donald "$30 a barrel" Trump
$0.01 a barrel.
I'm going to get a hundred at the dollar store!
Trumpie-poo thinks that having a giant puddle of crude oil is "energy independence."
He didn't save "billions and billions of dollars." He wasted them. We already have plenty of crude oil. The reason there was room in the reserve is that there is no longer any reason for it--it was a hysterical reaction to the various "oil wars."
We already have a huge crude oil reserve. It's called Alaska.
If Kevin's Daddy Obama had done the same thing Kevin would be praising him. Funny how irrational hatred works...
Originally posted by: Kevin Lewis
I'll bet there's a lot of bitching from local station owners that lack of demand is killing them. Of course, as you point out, they can adjust their margins appropriately.
If gasoline kept well in storage, I'd put a 5,000-gallon tank in my backyard, fill it up, and wait for the oil companies to manufacture another crisis and push the price back up to $5--or higher. We know they want to.
Kevin, I also pointed out that gas stations in Indianapolis are selling gasoline below cost.
Mister, Trump has never filed for bankruptcy. If you believe that I'm wrong, then provide proof.
One must ask themselves, is Mister stupid or dishonest?
Originally posted by: Boilerman
Mister, Trump has never filed for bankruptcy. If you believe that I'm wrong, then provide proof.
One must ask themselves, is Mister stupid or dishonest?
And by coincidence, President Trump NEVER bought oil recently at $30 per gallon! He was merely in charge when, *magically*, his businesses went bankrupt and the US got slaughtered on the oil market.
Happy now?
Originally posted by: Boilerman
Mister, Trump has never filed for bankruptcy. If you believe that I'm wrong, then provide proof.
One must ask themselves, is Mister stupid or dishonest?
PEOPLE file for bankruptcy. BUSINESSES file for bankruptcy. Trump's businesses filed for bankruptcy over and over. Trump himself never did, because he was never sole proprietor.
Trump weaseled out of hundreds of millions of debt by having his businesses file for bankruptcy, leaving creditors holding the bag. This became standard practice for him.
So you admire a chickenshit crook and welsher. A lifetime fraud. Good for you!
