Oil, gas and mining

Why are oil prices declining?



Sen. John Hoeven, R-N.D., provides insight on oil prices amid OPEC+ cuts on ‘Kudlow.’

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41 Comments

  1. Well When the American Green Deal socialists make it more and more expensive It goes to a point when sale falling People can not afford it or simply not want to spend the cash on it anymore You can only rais eit to a certain point then you make less Remember these Green Deal folks RUN WAR at the same time save the climate Right

  2. Nice video and I thank you for breaking it down!! Even with the current crypto dip, I'm still glad 😊 I can smile back at my portfolio of $53,700 made from my weekly trade within a short period of time

  3. 👍👍👍.I was at a retirement seminar and the speaker spoke on how he quit his job after he made well over $950,000 PROFIT within 3months he invested $120,000. I just need creative ideas to afford my retirement.

  4. Horseshit! They're is no suck thing as the invisible hand in fossil fuels. It's a total hoax and has been since at least the 1970s. Any other time they'd be screaming about the bad winter weather or the phuking driving season. Cut the crap already. AND isn't global unrest supposed to exert upward force on fuel prices. Hooooorrrrrseshit!

  5. I have cut way down on gasoline and don't drive much at all then there's plastic , I'm not buying anything else I can avoid buying so plastic for factory to manufacture the toys I'm not buying . Well that's Bidenomics for you .

  6. I will explain it to you. Commodities are elastic. It isn't about supply and demand it is about shortage in supply. China isn't paying 100 dollars per barrel. China is paying in its currency and is probably around 50 per barrel. So they are cutting oil sold in dollars. They are admitting they are losing sales in US dollar when they do it and the price drops. Probably have the bets in the market leaving too.
    So the whole CO2 Zero agenda is a scam for Biden to cut oil production in this country and making war profitable for the US military complex. All we have done since Biden got into office is give money to the military complex. It is class warfare. The idea my government won't impeach a corrupt Biden that supports only war when he should be in jail is sick. It just shows that the military complex wants ALL the money to fuel its endless killing and class warfare.

  7. This makes no sense. Just two weeks ago he was saying the oil prices were too high. Private oil companies will stop drilling if oil drops below 70 per barrel. Fox is pure propaganda each and everyday

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