Apr 1, 2020·editedWhat you might’ve noticed is that oil are are insanely cheap and people are falsely attributing it to the coronavirus, what’s really happening is Saudi is waging a oil price war against Russia, the byproduct of this war if it continues will bankrupt American oil.
Saudi oil takes 17 cents to produce per gallon because their oil is very clean and doesn’t need to be refined as much and the oil is very close to the ground so extracting is easy, Kuwait has the most most profitable oil with the least production costs at 12 cents per gallon because they have the sweetest or purest oil on Earth and their oil seeps near the ground.
Russian oil has almost double estimated production costs as most Gulf countries it costs 34 cents to 90 cents to produce per gallons
- OPApr 1, 2020·3 replies
If Saudi price gauging continues it could bankrupt American oil companies within 4-5 months
Apr 1, 2020·2 repliesAs long as gas prices go down I’ll be aight
- OPApr 1, 2020
Saudi not only cutting the price their oil but they’re also increasing their production drastically, in such a way no one can compete
Apr 1, 2020·3 repliesOp tell us about the effects this’s will have on the p**** market
Apr 1, 2020·1 reply- OPApr 1, 2020·4 repliesHot
Op tell us about the effects this’s will have on the p**** market
Niggas bout have a 100 b****es like Mike Vick
- Apr 1, 2020ooh noo
Niggas bout have a 100 b****es like Mike Vick
lmafooo 
Apr 1, 2020see you at the trenches
Apr 1, 2020ooh nooNiggas bout have a 100 b****es like Mike Vick
Apr 1, 2020Damb!
Apr 2, 2020So many things are happening all at once
Apr 2, 2020Canada is getting f***ed by this already.
Apr 2, 2020Let's get it over with to be honest. Humanity needs to burn some stream.
Apr 2, 2020I don't see the bad in this. We lose a ton of jobs but f*** it, we need to be off oil anyways.
Apr 2, 2020skycity
Apr 2, 2020Great thread srs
Apr 2, 2020Dark times are approaching and there’s not much we could do about it
Apr 2, 2020ooh nooIf Saudi price gauging continues it could bankrupt American oil companies within 4-5 months
Inshallah
Apr 2, 2020·1 replyooh nooWhat you might’ve noticed is that oil are are insanely cheap and people are falsely attributing it to the coronavirus, what’s really happening is Saudi is waging a oil price war against Russia, the byproduct of this war if it continues will bankrupt American oil.
Saudi oil takes 17 cents to produce per gallon because their oil is very clean and doesn’t need to be refined as much and the oil is very close to the ground so extracting is easy, Kuwait has the most most profitable oil with the least production costs at 12 cents per gallon because they have the sweetest or purest oil on Earth and their oil seeps near the ground.
Russian oil has almost double estimated production costs as most Gulf countries it costs 34 cents to 90 cents to produce per gallons
interesting, but how do i make money off this?
Apr 2, 2020Op telling nothing but the truth. This is bad especially with everything going on.
It was one thing before, but now it can really f*** us, even more than it was
Apr 2, 2020ooh nooIf Saudi price gauging continues it could bankrupt American oil companies within 4-5 months
bankruptcy in the American oil industry means next to nothing
- OPApr 2, 2020ongod
interesting, but how do i make money off this?
On the Saudi stock exchange called Tadawul, invest in Saudi Aramco. Also invest in American oil companies because oil prices will eventually rise again.
- Apr 2, 2020·1 reply
the US already has a surplus of oil.
wouldn't start a war
our economy is already f***ed anyways
- Apr 2, 2020ooh noo
Niggas bout have a 100 b****es like Mike Vick
