WTI now in the $50 per gallon range. Energy prices are coming down! |
Recession incoming. |
This is actually terrible and destablizing for Russia, OPEC, the US and everyone. |
Almost every US producer will stop drilling new wells at those price levels. Many will go bankrupt if the price stays that level for for an extended period. |
How will Johnson and Thune spin this to blame Biden! |
the prices are down because the forecasts are recessionary which means less to no demand. |
This administration is a joke
Total federal spending is up +8% in 2025 year-to-date on April 9 over 2024. The illusion that the federal government is tightening its belt is contradicted by its own real-time expenditure data. The Trump Administration is spectacularly hammering some things but raising spending elsewhere. It was at -7% just after Inauguration Day. |
It costs a lot of money to blow up rockets over Florida |