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post #73651 of 83893
Quote:
Originally Posted by eddiengambino View Post

I always ask myself "did he read the article" and the answer most of the time is "probably not"


I think the more valid question is "did he understand the article?".  The answer is still the same though..

post #73652 of 83893
Quote:
@leahmcelrath: BREAKING

House Intel Comm schedules Trump/Russia hearings for May 2nd.

Sally Yates to testify.

By me @Shareblue

https://t.co/zeRdafGlsp

tenor.gif

*Hadn't seen Pabs posted just about the same thing before laugh.gif
Edited by Rolaholic - 4/21/17 at 11:00am
post #73653 of 83893
Quote:
Originally Posted by eddiengambino View Post

I always ask myself "did he read the article" and the answer most of the time is "probably not"

except not only are u wrong, you're pretty much lost on da fact that OPEC is now impotent due to US energy production 😎.

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post #73654 of 83893
Quote:
Originally Posted by eddiengambino View Post

Quote:
Originally Posted by iamDEF View Post

Quote:
Originally Posted by whywesteppin View Post

I'm no economist but I'm pretty sure a 50% drop in gas prices would not be good for the coal industry.

Oil workers were getting laid TF off when gas dropped a few years ago, if it drops 50% the number of bankruptcy filings gon sky rocket
Yeah the market would be way off equilibrium if such were to happen and the losses would be hard to recuperate if a fall were to happen.

In every economics class and history class out there, there's evidence that deflation that quick would cause a recession at least.

If you want to read some buffoonery regarding deflation, search "deflation" in the search bar. Your mans Ninja was hoping deflation sets in, because he felt it was good for the economy if that happens.

-Also, I dunno, a energy shock like that will probably not lead to a recession.
Edited by RustyShackleford - 4/21/17 at 11:09am
post #73655 of 83893
Quote:
Originally Posted by ninjahood View Post

Quote:
Originally Posted by eddiengambino View Post

I always ask myself "did he read the article" and the answer most of the time is "probably not"

except not only are u wrong, you're pretty much lost on da fact that OPEC is now impotent due to US energy production 😎.
You're practically saying the article is wrong, which you celebrated a minute ago.
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post #73656 of 83893
Quote:
Originally Posted by RustyShackleford View Post

Quote:
Originally Posted by eddiengambino View Post

Quote:
Originally Posted by iamDEF View Post

Quote:
Originally Posted by whywesteppin View Post

I'm no economist but I'm pretty sure a 50% drop in gas prices would not be good for the coal industry.

Oil workers were getting laid TF off when gas dropped a few years ago, if it drops 50% the number of bankruptcy filings gon sky rocket
Yeah the market would be way off equilibrium if such were to happen and the losses would be hard to recuperate if a fall were to happen.

In every economics class and history class out there, there's evidence that deflation that quick would cause a recession at least.

If you want to read some buffoonery regarding deflation, search "deflation" in the search bar. Your mans Ninja was hoping deflation sets in, because he felt it was good for the economy if that happens.

-Also, I dunno, a energy shock like that will probably not lead to a recession.
laugh.gif

You think he understands what market equilibrium is?
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post #73657 of 83893
Quote:
Originally Posted by eddiengambino View Post

Quote:
Originally Posted by ninjahood View Post

Quote:
Originally Posted by eddiengambino View Post

I always ask myself "did he read the article" and the answer most of the time is "probably not"

except not only are u wrong, you're pretty much lost on da fact that OPEC is now impotent due to US energy production 😎.
You're practically saying the article is wrong, which you celebrated a minute ago.

da article explicitly state that OPEC is powerless to change da fortunes of oil due to US production...

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post #73658 of 83893
Quote:
Originally Posted by Rolaholic View Post
 
Quote:
@leahmcelrath: BREAKING

House Intel Comm schedules Trump/Russia hearings for May 2nd.

Sally Yates to testify.

By me @Shareblue

https://t.co/zeRdafGlsp

tenor.gif

*Hadn't seen Pabs posted just about the same thing before laugh.gif

 

whole squad coming throughImage and video hosting by TinyPic  too bad Comey and Rogers will be closed

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post #73659 of 83893
Quote:
Originally Posted by ninjahood View Post

Quote:
Originally Posted by eddiengambino View Post

Quote:
Originally Posted by ninjahood View Post

Quote:
Originally Posted by eddiengambino View Post

I always ask myself "did he read the article" and the answer most of the time is "probably not"

except not only are u wrong, you're pretty much lost on da fact that OPEC is now impotent due to US energy production 😎.
You're practically saying the article is wrong, which you celebrated a minute ago.

da article explicitly state that OPEC is powerless to change da fortunes of oil due to US production...
Quote:
Originally Posted by eddiengambino View Post

Quote:
The outlook is similarly dour for weaker, highly indebted U.S. oil and gas producers. Many of them looked ready for insolvency as energy prices cratered between 2014 and 2016. According to Bloomberg, 20 companies had borrowed more than two-thirds of their credit line limits amid a liquidity crunch last fall. But despite the price recovery since then, at least 11 are still using 70 percent or more of their credit lines.

Should oil prices keep falling, which looks increasingly likely, many of these companies could be pushed into bankruptcy, weighing not only on the share prices of larger energy companies but on bank stocks given concerns over loan losses.

And you have a man out here celebrating this laugh.gif smh
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post #73660 of 83893
LMFAO this idiot thinks OPEC is impotent.

Anyways, on a more productive topic than slapping the ignorance out of ninja:

Florida is one step closer to allowing ex-cons to vote again (after their parole and probation ends). The state needs several hundred thousand signatures to make it to the ballot Nov. 2018, but with that much time and the level of organization this campaign has, I'd be surprised if they don't get a vote next year.

This could be MASSIVE in 2020, if nonviolent ex-cons can vote.
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post #73661 of 83893

C99Fj2qW0AAwX29.jpg:large

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In the jungle banging Nas, Mobb Deep and Wu
"My Ohhh My"
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"My Ohhh My"
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post #73662 of 83893
Quote:
Originally Posted by eddiengambino View Post

Quote:
Originally Posted by ninjahood View Post

Quote:
Originally Posted by eddiengambino View Post

Quote:
Originally Posted by ninjahood View Post

Quote:
Originally Posted by eddiengambino View Post

I always ask myself "did he read the article" and the answer most of the time is "probably not"

except not only are u wrong, you're pretty much lost on da fact that OPEC is now impotent due to US energy production 😎.
You're practically saying the article is wrong, which you celebrated a minute ago.

da article explicitly state that OPEC is powerless to change da fortunes of oil due to US production...
Quote:
Originally Posted by eddiengambino View Post

Quote:
The outlook is similarly dour for weaker, highly indebted U.S. oil and gas producers. Many of them looked ready for insolvency as energy prices cratered between 2014 and 2016. According to Bloomberg, 20 companies had borrowed more than two-thirds of their credit line limits amid a liquidity crunch last fall. But despite the price recovery since then, at least 11 are still using 70 percent or more of their credit lines.

Should oil prices keep falling, which looks increasingly likely, many of these companies could be pushed into bankruptcy, weighing not only on the share prices of larger energy companies but on bank stocks given concerns over loan losses.

And you have a man out here celebrating this laugh.gif smh

da blind spot you lost is those smaller companies that lose will be supplanted by bigger companies that will be able to profitably drill those same lands and put pressure on OPEC.

so... someone should've read da article better. glasses.gif

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post #73663 of 83893
Quote:
Originally Posted by Noskey View Post

LMFAO this idiot thinks OPEC is impotent.

Anyways, on a more productive topic than slapping the ignorance out of ninja:

Florida is one step closer to allowing ex-cons to vote again (after their parole and probation ends). The state needs several hundred thousand signatures to make it to the ballot Nov. 2018, but with that much time and the level of organization this campaign has, I'd be surprised if they don't get a vote next year.

This could be MASSIVE in 2020, if nonviolent ex-cons can vote.

Florida needs a Dem governor. Black people, hell anyone the GOP thinks will vote Dem, will not have full voting access under Republicans.

Many people don't know that Jeb was schemin for Dubya back in the day.
post #73664 of 83893
Quote:
Originally Posted by ninjahood View Post

Quote:
Originally Posted by eddiengambino View Post

Quote:
Originally Posted by ninjahood View Post

Quote:
Originally Posted by eddiengambino View Post

Quote:
Originally Posted by ninjahood View Post

Quote:
Originally Posted by eddiengambino View Post

I always ask myself "did he read the article" and the answer most of the time is "probably not"

except not only are u wrong, you're pretty much lost on da fact that OPEC is now impotent due to US energy production 😎.
You're practically saying the article is wrong, which you celebrated a minute ago.

da article explicitly state that OPEC is powerless to change da fortunes of oil due to US production...
Quote:
Originally Posted by eddiengambino View Post

Quote:
The outlook is similarly dour for weaker, highly indebted U.S. oil and gas producers. Many of them looked ready for insolvency as energy prices cratered between 2014 and 2016. According to Bloomberg, 20 companies had borrowed more than two-thirds of their credit line limits amid a liquidity crunch last fall. But despite the price recovery since then, at least 11 are still using 70 percent or more of their credit lines.

Should oil prices keep falling, which looks increasingly likely, many of these companies could be pushed into bankruptcy, weighing not only on the share prices of larger energy companies but on bank stocks given concerns over loan losses.

And you have a man out here celebrating this laugh.gif smh

da blind spot you lost is those smaller companies that lose will be supplanted by bigger companies that will be able to profitably drill those same lands and put pressure on OPEC.

so... someone should've read da article better. glasses.gif

You know that leads to job lost right? So now you're bragging about people losing jobs in the energy sector

Well, well, well, this is a turn of events.

BTW, due to the nature of business, I doubt the efficiency gains will be that great.
post #73665 of 83893
Quote:
Originally Posted by ninjahood View Post

Quote:
Originally Posted by eddiengambino View Post

Quote:
Originally Posted by ninjahood View Post

Quote:
Originally Posted by eddiengambino View Post

Quote:
Originally Posted by ninjahood View Post

Quote:
Originally Posted by eddiengambino View Post

I always ask myself "did he read the article" and the answer most of the time is "probably not"

except not only are u wrong, you're pretty much lost on da fact that OPEC is now impotent due to US energy production 😎.
You're practically saying the article is wrong, which you celebrated a minute ago.

da article explicitly state that OPEC is powerless to change da fortunes of oil due to US production...
Quote:
Originally Posted by eddiengambino View Post

Quote:
The outlook is similarly dour for weaker, highly indebted U.S. oil and gas producers. Many of them looked ready for insolvency as energy prices cratered between 2014 and 2016. According to Bloomberg, 20 companies had borrowed more than two-thirds of their credit line limits amid a liquidity crunch last fall. But despite the price recovery since then, at least 11 are still using 70 percent or more of their credit lines.

Should oil prices keep falling, which looks increasingly likely, many of these companies could be pushed into bankruptcy, weighing not only on the share prices of larger energy companies but on bank stocks given concerns over loan losses.

And you have a man out here celebrating this laugh.gif smh

da blind spot you lost is those smaller companies that lose will be supplanted by bigger companies that will be able to profitably drill those same lands and put pressure on OPEC.

so... someone should've read da article better. glasses.gif
The article never said that. You are just insinuating with your own conclusion that such will happen.

Now you're debating a separate point laugh.gif

And the last thing we need is a stronger cartel like market in the US.
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post #73666 of 83893
Quote:
Originally Posted by RustyShackleford View Post

Quote:
Originally Posted by ninjahood View Post

Quote:
Originally Posted by eddiengambino View Post

Quote:
Originally Posted by ninjahood View Post

Quote:
Originally Posted by eddiengambino View Post

Quote:
Originally Posted by ninjahood View Post

Quote:
Originally Posted by eddiengambino View Post

I always ask myself "did he read the article" and the answer most of the time is "probably not"

except not only are u wrong, you're pretty much lost on da fact that OPEC is now impotent due to US energy production 😎.
You're practically saying the article is wrong, which you celebrated a minute ago.

da article explicitly state that OPEC is powerless to change da fortunes of oil due to US production...
Quote:
Originally Posted by eddiengambino View Post

Quote:
The outlook is similarly dour for weaker, highly indebted U.S. oil and gas producers. Many of them looked ready for insolvency as energy prices cratered between 2014 and 2016. According to Bloomberg, 20 companies had borrowed more than two-thirds of their credit line limits amid a liquidity crunch last fall. But despite the price recovery since then, at least 11 are still using 70 percent or more of their credit lines.

Should oil prices keep falling, which looks increasingly likely, many of these companies could be pushed into bankruptcy, weighing not only on the share prices of larger energy companies but on bank stocks given concerns over loan losses.

And you have a man out here celebrating this laugh.gif smh

da blind spot you lost is those smaller companies that lose will be supplanted by bigger companies that will be able to profitably drill those same lands and put pressure on OPEC.

so... someone should've read da article better. glasses.gif

You know that leads to job lost right? So now you're bragging about people losing jobs in the energy sector

Well, well, well, this is a turn of events.

BTW, due to the nature of business, I doubt the efficiency gains will be that great.
Ninja just wants to tell those that lost their jobs to "pick up their bootstraps"
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post #73667 of 83893
Also, you really think making a monopoly or duopoly is gonna lead to lower prices laugh.gif

What incentive do they have to compete, if they can't corporate with oil producers and crave up the market

You need a lot of America producers for their to be pressure on the price. Them competing among themselves is what is providing the pressure that is impacting OPEC
post #73668 of 83893
Quote:
Originally Posted by RustyShackleford View Post

Also, you really think making a monopoly or duopoly is gonna lead to lower prices laugh.gif

What incentive do they have to compete, if they can't corporate with oil producers and crave up the market

You need a lot of America producers for their to be pressure on the price. Them competing among themselves is what is providing the pressure that is impacting OPEC
inb4 "u rookie rusty, you know nothing about cars, blah blah blah"
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post #73669 of 83893
Quote:
Originally Posted by RustyShackleford View Post

Quote:
Originally Posted by ninjahood View Post

Quote:
Originally Posted by eddiengambino View Post

Quote:
Originally Posted by ninjahood View Post

Quote:
Originally Posted by eddiengambino View Post

Quote:
Originally Posted by ninjahood View Post

Quote:
Originally Posted by eddiengambino View Post

I always ask myself "did he read the article" and the answer most of the time is "probably not"

except not only are u wrong, you're pretty much lost on da fact that OPEC is now impotent due to US energy production 😎.
You're practically saying the article is wrong, which you celebrated a minute ago.

da article explicitly state that OPEC is powerless to change da fortunes of oil due to US production...
Quote:
Originally Posted by eddiengambino View Post

Quote:
The outlook is similarly dour for weaker, highly indebted U.S. oil and gas producers. Many of them looked ready for insolvency as energy prices cratered between 2014 and 2016. According to Bloomberg, 20 companies had borrowed more than two-thirds of their credit line limits amid a liquidity crunch last fall. But despite the price recovery since then, at least 11 are still using 70 percent or more of their credit lines.

Should oil prices keep falling, which looks increasingly likely, many of these companies could be pushed into bankruptcy, weighing not only on the share prices of larger energy companies but on bank stocks given concerns over loan losses.

And you have a man out here celebrating this laugh.gif smh

da blind spot you lost is those smaller companies that lose will be supplanted by bigger companies that will be able to profitably drill those same lands and put pressure on OPEC.

so... someone should've read da article better. glasses.gif

You know that leads to job lost right? So now you're bragging about people losing jobs in the energy sector

Well, well, well, this is a turn of events.

BTW, due to the nature of business, I doubt the efficiency gains will be that great.

gas completely collapses in time for driving season, yeah...color me indifferent 😎🏎️🏁

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post #73670 of 83893
Trump already made the Hemi cheap, and you still ain't cop, but now you need a break to fill up your hooptie. mean.gif

#BrokeBoyGoals
post #73671 of 83893
Quote:
Originally Posted by RustyShackleford View Post

#BrokeBoyGoals

demon & hellcat is ~50k and better..try again laugh.gif

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post #73672 of 83893
Quote:
Originally Posted by ninjahood View Post

Quote:
Originally Posted by RustyShackleford View Post

#BrokeBoyGoals

demon & hellcat is ~50k and better..try again laugh.gif

Will you own either but this summer?

No

Try again

-btw, you just gave yourself a backhanded insult. laugh.gif
post #73673 of 83893
Da American muscle Camry Gon be out here this summer.
post #73674 of 83893
Quote:
Originally Posted by ninjahood View Post

demon & hellcat is ~50k and better..try again laugh.gif

You'll never have either of them tho

vroom vroom
Break your back. Make you humble.
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post #73675 of 83893
There's a specific season for driving? grin.gif
HATE THE PEOPLE, LOVE THE CULTURE
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post #73676 of 83893
Quote:
Originally Posted by AEA18 View Post

There's a specific season for driving? grin.gif
I guess his corolla only works in the summer
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post #73677 of 83893
Da Libbies hating on Da Rust Belt Edition Hemi again B. VROOOOOOM, VROOOOOOOM ROOOOOOOOOOOOOOKIES.
TEAM BENJAMIN FRANKLIN CARSON 2020
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post #73678 of 83893

It's rather sad when someone is so hungry to brag about perceived wealth to the point of bragging about things they don't own and likely will not own in the foreseeable future. 

post #73679 of 83893
Quote:
Originally Posted by eddiengambino View Post

Quote:
Originally Posted by AEA18 View Post

There's a specific season for driving? grin.gif
I guess his corolla only works in the summer
Might as well only drive when gas prices are at the highest point of the year. Makes no sense to drive when it's cheap.
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post #73680 of 83893
Quote:
Originally Posted by aepps20 View Post

Da Libbies hating on Da Rust Belt Edition Hemi again B. VROOOOOOM, VROOOOOOOM ROOOOOOOOOOOOOOKIES.
roll.gif
Da passing lane power will be too great to handle for da rookies b
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