Of course it had nothing to do with Biden. Same goes for Dotard. Only a delusional fool would believe otherwise. Sorry dat u. As for friends pfft, I got two cousins that have worked in exploration and services for decades - originally in Nigeria (loong time ago), Singapore then stateside in North Dakota, Louisiana and Texas. They are career folks and care less about any political chit, especially the nonsense the past month. And me, I built from the ground up and sold two business, so yes I spend a lot of time on the beach, sometimes on the golf course (nope not on tRumpus properties) but most times just sitting right here playing the futs at my trade desk. How's the cardboard box keeping you. Bet you use up a lot of duct tape huh lol
Volpri is just a troll....would sell his own tribe down the river for a pile of Yankee Dollars. As he said - "If need be, drill baby drill. The dead know nothing about where we are drilling."
If you need jobs, all you have to do is very simple. Try to get rid of the reserve currency status for the US dollar. Then, countries carrying US dollar have to use it to buy American products or services. (Currently they hoard those dollars and do not use them to buy American products and services.) Any move in that direction helps create more jobs in the USA. But, Trump is doing the opposite. He is warning countries not to develop BRICS currency. So, effectively he is killing American jobs. Drilling more oil does not help the USA in the current circumstances. China and India are large consumer markets and are still under-penetrated. These countries are rapidly turning their transportation into electric. Oil in the long term has lower scope for creating jobs in the USA in a viable manner. Oil industry has too many producers competing each other out. That was the reason OPEC was formed.
Hard to believe these delusional types hang around on a trading forum they obviously have no business sense at all. The US is essentially at capacity to drill at current Oil prices, and almost no private firms would start new projects to do so when Trump has a stated policy of trying for low Oil prices.
Trump is going to struggle dealing with Carney, as he has a history of struggling with the Fed leaders. Good choice when all this trade war nonsense is happening. I believe he'd win a federal election at this point.
Trade wars are great for those who like to play whack-a-mole. Russians used to play it a lot in the USSR era. It never ends.
Having fun yet lol ? Only a matter of time before millions of Americans get totally fed up with Trump's insane economic policies. The market is sending you a message; better recheck your notes on the Great Depression.