Why enjoy anything that has been accomplished under Obama?  You just KNOW
it can't last long.

On Thu, Jul 30, 2015 at 2:04 PM, G Mann via Mercedes <mercedes@okiebenz.com>
wrote:

> Couple of points:
>
> Crude supply is now in oversupply. The Shale Oil beds in USA are producing
> at record rates. So much, that purchase of Saudi Crude is now to record
> lows. Saudis have their man dresses in a twist because sales are down so
> much and to counter, they have upped production and sales of OPEC crude.
> Price per barrel is at a record low, presently.
>
> The USA Dollar against other world currency, has gained slightly, thus has
> "more buying power", as the World Reserve Currency [presently].
>
> BRIC has not worked to date, although it's still pressing on to become the
> world reserve currency.
> At the present moment.. all the BRIC countries are experiencing financial
> collapse on a scale never imagined... China for example just lost record
> value on it's stock market. Russia is broke, and oil sales revenues are in
> the toilet due to the crash of per barrel prices. etc..
>
> Relax, it's temporary.. soon we in America will feel the induced pain, as
> planned.
> The trickle up poverty plan of our exalted self anointed leader is set to
> finally work.
>
>
> On Thu, Jul 30, 2015 at 8:07 AM, Andrew Strasfogel via Mercedes <
> mercedes@okiebenz.com> wrote:
>
> > If I were an oil producer right now I would be on a steady diet of
> Sonesta.
> >
> > On Thu, Jul 30, 2015 at 11:06 AM, Curt Raymond via Mercedes <
> > mercedes@okiebenz.com> wrote:
> >
> > > Also the price of oil has been way down for a long time. What is the
> time
> > > horizon for that cheap oil to actually get to refineries? 6 mos?
> > > A middle east refinery coming on line would probably see Europe getting
> > > some of its oil from there since it'd be closer and easier to ship
> across
> > > the Med than the Atlantic...
> > > -Curt
> > >
> > >       From: Andrew Strasfogel via Mercedes <mercedes@okiebenz.com>
> > >  To: Mercedes Discussion List <mercedes@okiebenz.com>
> > > Cc: Andrew Strasfogel <astrasfo...@gmail.com>
> > >  Sent: Thursday, July 30, 2015 11:02 AM
> > >  Subject: Re: [MBZ] Why diesel prices are plummeting
> > >
> > > What no one has mentioned is that diesel and fuel oil comprise demand
> for
> > > the same product.  In summer there is no demand to heat homes so diesel
> > > pirces MUST fall, in addition to everything else.
> > >
> > > On Thu, Jul 30, 2015 at 10:01 AM, Curly McLain via Mercedes <
> > > mercedes@okiebenz.com> wrote:
> > >
> > > >
> > > >>
> > > >> This indicates two things.
> > > >>
> > > >> 1. The European economy is slowing down. We export millions of
> gallons
> > > of
> > > >> diesel to Europe,
> > > >>
> > > >> 2. The US economy is slowing down. Less demand for product = Less
> OTR
> > > >> trucks = less diesel consumption,
> > > >>
> > > >> Enjoy the low prices, the economy is getting ready to collapse.
> > > >> Probably after the Fed raises rates in Sept. or Oct.
> > > >>
> > > >> Rick
> > > >> You heard it here first.
> > > >>
> > > >>
> > > > But, but, but, our dear leader sez the economy is growing and life is
> > so
> > > > wonderful he could easily be re-elected!  His fawning ministers of
> > > > propaganda also say so.  Surely he will dismiss congress and issue an
> > > > executive order to re-elect himself so the good times will continue!
> > > >
> > > > gotta find that bummer-phone so i can call in for unemployment, then
> > > gotta
> > > > buy some pop with the EBT card to sell on the corner fer cansh fer
> > hash,
> > > > then da ol lady gotta open the AFDC check an cash it so we can pay
> rent
> > > on
> > > > the section 8 house.  ...
> > > >
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