Donald Trump: silver lining in bailout failure

[30percentplusreturns]

Trump is short oil like crazy probably. He is great though. He must be in a fight with opec because hes been bashing them bigtime. They must of screwed him in dubai.

[Mongodelight]

i am selling my fonds next week. From 5000 to 3000 oh yeah i love it

[Hanksalot]

Obviously, he doesn't believe in "peak" oil lol! nor do carbon emissions worry him- Climate's BOUND to change, just like everything else- in time Lubrication fah da nation, mon! Open up Alaska and The South Pole, eh? Give The Earth a good drilling, eh? Azerbijan! There's plenty of oil! Travel to The Stars, find oil-laden planets and suck 'em all dry People wanna get in they cars and ride around get on planes and go far away from where they live and work for awhile

[PrometheusWithLight]

Go crazy hair! It makes sense, if you think about it.

[robertm4777]

Trump's right. Fix energy. This is a strategy, not a tactic. How much did it cost us to finally let the drilling ban expire? How much are the lawsuits stopping oil leases going to cost us? The same idiots who brought us the CRA and GSE's are stopping progress on energy, and they expect and intend to get more. Keep the capitol here. Give yourself a raise. Create jobs, get more tax revenue. Be able to afford a mortgage. After 35 years, fix energy

[sueishere25]

I'm not crazy about Donald Trump but he is a smart man.

[teamthang]

lol, and here i thought oil was a determining factor for inflation.

[painet1776]

Trump is rarely correct.. But when he is, it's big.

[JiveDadson]

test

[JiveDadson]

What a maroon! OPEC does not and cannot raise or lower prices. All it can do is raise or lower production quotas.

The price of crude oil will not fall below the price of production for ethanol, oil shell oil, etc., because there is not enough crude oil production to meet even lowered demand without supplementation from those alternatives.

[robertm4777]

If the economy slows, demand slows, supply increases, prices drop. If prices drop, alternatives are less attractive, investment in alternatives stops. This is the pattern year after 35 friggin years. This is why we don't make progress. Break the cycle, put the money into energy production. Get a plan, get a strategy, sell the plan, execute the plan.

[sari521]

You need to understand that OPEC deciding to lower the quota raises the price...they are VERY much a player in how it's priced.

[NEPatriot]

Well, Trump is right that there is always a silver lining behind this. But let me say this, the voice of the people spoke in saying NO TO SOCIALISM!

This is like Pandora's Box, where when she opened it all the bad came out. The last thing in the box--hope. Oil going down could be that hope...emphasis on could.

[elevensmiles11]

although i agree with everything donald says, hes not taking into consideration that saving money alone on oil, will not save our asses when we need loans for education and buying homes. yes, oil prices dropping is excellent for our economy HOWEVER, banks going under is horrendous for our economy. even if oil drops to a penny, thats certainly not going to fix anything.

people with money is RARE in this country right now, so only SOME folks are able to come through this economy