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Oil Is Now Cheaper Than Coffee, Milk, & Water
While oil may be cheaper... But the rest of these 'staples' still taste a lot better.
h/t @RichardMeyerDC
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It is Obama's war against Russia's largest export and Putin.
And American poodle Saudi Arabia goes along
Stakes are high as US plays the oil card against Iran and Russia
John Kerry, the US secretary of state, allegedly struck a deal with King Abdullah in September under which the Saudis would sell crude at below the prevailing market price. That would help explain why the price has been falling at a time when, given the turmoil in Iraq and Syria caused by Islamic State, it would normally have been rising.
http://www.theguardian.com/business/economics-blog/2014/nov/09/us-iran-r...
Did the U.S. and the Saudis Conspire to Push Down Oil Prices?
http://www.globalresearch.ca/did-the-u-s-and-the-saudis-conspire-to-push...
hmmm... interesting given it takes oil to get ant of these other staples to into your consuming hands.
Falling oil prices and the plunging ruble are not some kind of free market accident brought on by oversupply and weak demand. That’s baloney. They’re part of a broader geopolitical strategy to strangle the Russian economy, topple Putin, and establish US hegemony across the Asian landmass. It’s all part of Washington’s plan to maintain its top-spot as the world’s only superpower even though its economy is in irreversible decline.
http://www.globalresearch.ca/did-the-u-s-and-the-saudis-conspire-to-push...
Sucking off the government teat is FREE!!! (because we're exceptional)
cheaper oils is good for the consumer, bad for his job and all the other products?... They'll become cheaper also but destroy even more jobs.
And if you won't lose your job, just remember! There's 200 willing to take yours for a lower salary.
"There's 200 willing to take yours for a lower salary."
Let me guess. You feel very sorry for all the refugees and "refugees" and want the EU to keep its doors wide open ?
Makes zero sense. But again it does take a hell of a lot more capital to source a gallon of oil
Vs gallon of milk.
Milk machines everywhere you look!
http://static.uglyhedgehog.com/upload/2013/5/10/hl-hl-hl-1368170752904-1367314463555_patriotic_screen_saver.jpg
The horror... The horror...
That's not really the patriotic thing to say...
Joseph Conrad wasn't a Belgian
http://eyebleach.us/
In the new normal black is white, up is down, right is left, loud is quiet, good is bad, right is wrong, and truths are lies. In other words abnormal is normal. That's why it makes sense. Welcome to the twilight zone. Hope that helps.
Okay, where in the United States is oil publicly sold for $0.83 a gallon...
p.s. from my observations over the last 20 years, a gallon of oil, a gallon of milk, and a loaf of decent bread have largely followed similar price points.
There's marketing, a slight premium and a few taxes so the police state can keep a bug your phone.
A pint of beer is costing $6+ USDE in the UK. Shit is real fucked up.
If you dont have 'physical' oil, its all just paper...
FOB alongside my tanks. Bring your own bucket.
Oh well Milk situation is getting messed up with all the harmones injected into the cows. I am surprised they are still reproducing. Do they give some kinda viagra to cows to have sex and reproduce faster? Any ways drink while you can, drive while you can, This good days won't last long. Its just a matter of time. I wish housing was as low as oil. Sadly that doesn't comprise into the commodity index.
Viagra's not needed when you've got a champion bull.
http://www.wsj.com/articles/a-breeder-apart-the-bull-who-sired-500-000-o...
Just think... that could be you. Imagine the child support payments!
Most milk cows are artificially inseminated and yes they give them feed additives to make them come into heat faster
Hopefully we will live to see the Saudis feel the pinch as their wells decline and get the chance to ask them.. "was making an ass of yourself and squandering your precious resource worth the failed and miserable attempt to destroy Russia" It will happen to us too which wont be as funny.
The Royals have a plan B for that one: http://cdn.justluxe.com/articles/galleries/36067.jpg
The author thinks that water is $1.03 per gallon? Really?
If he's buying at even half of that price, I have several million gallons available that I will be happy to deliver. Is tomorrow a good time?
More like $1.30 per 1000 gallon lol
Water may soon prove to be the most valuable.
Oil must be an abiotic renewable resource from the earth's core. Awesome. All we need. Always thought they were snowing us with that shortage shith. Tesla can stick it
"Oil Is Now Cheaper Than Coffee, Milk, & Water"
Except when it isn't. There is a whole world out there beyond the east, west and northern boundaries of the USA you know. Maybe glance at a world map sometime. Everywhere OTHER than the US and their pet oil states the price of oil FOR CONSUMERS is still well above everything else, except for maybe booze and dope. Another misleading headline brought to you by your friends at Zero Hedge, where there is no truth like their truth -- except when it isn't the truth. It's why there is no catastrophe in Canada, because the price at the pump is still where it was when oil was $140bbl you twits. Tax revenue is still way, way up this year and the big guys in the tar-sands have cash to burn for years before they actually start to hurt. Hell, Imperial Oil is still hiring! Aside from a few losers nothing is going to change much -- at least not until the commies Nothead and Turdeau wreck things with their rainbow-unicornhole-topia economic plans.
How does the price of silver compare to aluminum pull-tabs? Or stainless steel washers? Or bricks or paving stones? A few years ago a tenth-ounce gold Eagle was worth as much or more than a good quality new tire. Is it now?
1.75 liter of Barton's vodka is $10.99 at Binnys! That's like a dollar a buzz!!
Let them eat their crude.
So... we're not at Peak Oil?
I don't need oil. I need Gas and it is $0.95/L here.
This is bullshit click bate...anyways, I can still buy coffee futures for 1.20 / lb green. Sell on eScam, errr, eBay for 6.00 / lb
Suck It.
Fuck you. Thanks.
Best Regards,
Your welcome.
.....someone 'splain to me why Dupont Chroma-Premier Ducati yellow paint is $243.00 a quart.
It's the "must have" Christmas gift this year. You're lucky if you can find it on the shelf; fuckers around here are buying it all and then listing it on Craig's List for $800.
I want .99 a gal. gas.
@Duc888 That sounds about as high as a quart of printer ink
shit like that is why im buying oil stocks like crazy
<-- CabalA$$LickerLiarAddictObamma : we armtwisted some folks (towelheads)