wtf. Oil getting bailout

Agreed. And lets not forget, by US domestic oil production we also mean Exxon and Chevron in Iraq

 

Exactly, my take as well.

 

If Aramco has a hard time breaking even at $45 per barrel, they sure as hell will not break even at even $10 a barrel. Only an idiot would believe such a fairy tale. But, believe it if you want. The facts do not lie.

 

Creating global government by devaluing a nations currency.


I mean...you asked.

 

Or to drill down a bit - to maintain the global elite's hold on power.

 

Probably close to $10.

The spread between WTI and Brent (which doesn't have WTI's current storage issue) is usually around $10... and it's $19.33.

 

Like a bunch of thief agree to stop stealing and then everyone cheats.