Comments by "Ade M" (@adem5762) on "What Just Happened to Oil Prices Could Change Everything for the Federal Reserve's Inflation Fight" video.

  1.  @glowwurm9365  You are incorrect. The US Govt autions licenses to oil companies to explore and produce oil. The oil companies sell the oil on the open market. It is nothing to do with the US Govt and are NEVER oil independant.
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  2. Give it 2 months and you will be paying $20 a gallon for gas.
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  3. Nope. Try and find out how US oil is produced before talking crap. Oil companies produce the oil and sell it on the open market.Its called FREE ENTERPRISE. What you are referring to is the RUSSIAN system.
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  4. Give it a couple of months and it will be $12/gallon. That is when the US economy will tank.
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  5. This was well known last year. Russia earned more income as crude prices hit the roof. What is wrong with your anlysis is that no matter who is in power, the results are the same. The REAL reason gas prices will hit $18\gallon in the next couple of months is because the Saudis are hell bent on crippling the Western Developed countries economies. I've mentioned this in a few of your vids before. When Biden travelled to Saudi Arabia to plead with bin Salman to increase crude production, he was denied. As I said, it doesn matter whom is in power in the Whitehouse, the result is the same.. The BRICS countries want to bring down the US economy. Imbecile that is Trump, says drill....wll yes if you start drilling NOW - you will get crude in about 10 years time.....that is how long it takes to explore, find, and bring wells into production...10 years. Everytime that imbecile opens his mouth brown stuff comes out and its NOT crude oil...
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  6. Well, Americans are not very bright. But when gas reaches to $20/gallon it might make them think differently....lol. If you are in a Tesla, you will be OK. If not, then people will be getting carjacked for their gas....
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  7. Like most Americans RJ doesn't look beyond their own shores. He is good at Micro-Economic stuff, relating to US banks and the FED. But Macro-economics on a global scale is beyond him. It may be he is playing to the lowest common denominator, your average American and doesnt want to confuse them. But he is a political simpleton, and that is a surprise. I thought he was more clever than that.
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  8. A US gallon is only 3,5 litres.... But gas is heavily sbsidised in the US. If they were paying market prices it would be $12 \gallon.
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  9. You are incorrect. Russia, China, and Saudi Arabia, the BRICS countries are going to destroy the US economy. No matter RED or BLUE it doesn't make ANY difference. The BRICS group will destroy the US economy. They are going to cause a Global Depression, as a consequence. There is no diplomacy when a group of countries seek to destroy the US. Dont even suggest the US is 'energy independent', anyone who suggest this is pretty dumb. The US Govt auctions licenses to oil companies for tracts of land. If it has oil the oil companies produce the oil and sell it on the open market. The US does NOT produce the oil for its own market. The US Govt buys oil on the open market.
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  10. We will probably have the latest Zillow Data Vid coming out today\tomorrow. Surprisingly (lol) they are downbeat about US housing prices.....rly?
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  11. It was true 6 months ago, but the Russians need the currency to keep their economy alive. they were indeed selling at below production costs. The only way the Russians can get more currency is to force the price of crude upwards through OPEC+ and cutting production. The BRICS countries are hell bent on destroying the US economy. House Saud was always an ally of the US, but now they are throwing their lot in with China and Russia. They are selling their crude in Yuan and not USD. the end of the Petro-dollar.
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  12. OPEC+ is cutting production to raise oil prices and destroy the US economy. The BRICS countries want to bring the USD down. But it will bring a global depression. China thinks they can sustain this by selling their goods to India and Vietnam. They already have cheap crude from Iran and Saudi. You can see from soem of the comments how much of the US population think this is a RED or BLUE problem that caused this. They are too stupid to won a keyboard. RED or BLUE it wouldnt make any difference.
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  13. I love how I make $30,000 every month from my $25 investment 3 months ago. yours is crap.
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  14. No its not. The Saudis trade their oil in Yuan... NOT the dollar. The days of the petro-dollar is gone now.
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  15. Yes its been like that for 100 years, you are still arguing RED or BLUE, they are BOTH sides of the same COIN.
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  16. You do know Sharia means 'LAW' dont you? So you are saying we need mreo law law inthis country? IS that Law squared, or double law?? Just asking. You suck at being a troll.
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  17. Yup in 10 years you will get some crude out of the ground. that is how long it takes to produce oil. Trump is an imbecile.
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  18.  @glowwurm9365  Nope you can barely read and cannot comprehend. I never said anything about drilling or becoming 'more independent'. The US is VERY dependant on imported oil. There are very many types of crude oil and most of the oil the US produces is a heavy oil, and needs to import Brent crude for production of gas.
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  19. Indeed, his Trumpist leaning were very evident. But like every American, they do not look much beyond their own shores, and brainwashed by the RED\BLUE nonsense. They are both sides of the same coin.
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  20. You guys in the US are 20 years behind everyone else. Where I live 80% of our energy is from renewables, the other 20% is from LNG.. There are 5 windfarms around our town. They are building a large battery to make the turbines more efficient. Gone are the days when you could burn fossil fuels to move a vehicle. But really, when gas hits $20/gallon in the next couple of months, maybe there will be a change of ideas. But still, you guys are 20 years behind.
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  21. You should learn to watch a video and pull information from it.
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  22. No, the global depression will ensure demand is on the floor.
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