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while oil price drops.???? News while oil price drops.????
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Old 01-21-2015, 03:34 AM   #1
iamBoogieman
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:2cents while oil price drops.????
US oil tycoons get even richer amid price collapse

Us tycoons becomes richer.
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Old 01-21-2015, 10:06 AM   #2
crockett
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They are making the money from other things than the price of crude.
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Old 01-21-2015, 10:10 AM   #3
RummyBoy
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Even hedge funds have been playing with it:

The Hedge Fund Manager Who Nailed The Oil Crash Made $1 Billion From His Bet Against Oil - Yahoo Finance
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Old 01-21-2015, 10:46 AM   #4
Rochard
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The rich always get richer. Nothing changes.
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Old 01-21-2015, 11:42 AM   #5
CAHEK
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oil next drop will be 30$
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Old 01-21-2015, 11:55 AM   #6
Joshua G
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Quote:
Originally Posted by Rochard View Post
The rich always get richer. Nothing changes.
no. who gets rich & who stays rich are 2 different things. quite common for people who dont work for their wealth, squander it.

& by extension to this matter, certainly some oil shieks are hurting real bad.
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Old 01-21-2015, 11:59 AM   #7
dyna mo
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it was a rough year for harold hamm. his ex took him for 10 billion and the saudis got him for another $10b!
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Old 01-21-2015, 01:40 PM   #8
Barry-xlovecam
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Looks like crude oil has found a floor maybe?



Too much lower would be too destabilizing ...
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Old 01-21-2015, 08:19 PM   #9
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Quote:
Originally Posted by Rochard View Post
The rich always get richer. Nothing changes.
and the poor gets poorer. whats new.
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Old 01-22-2015, 12:47 AM   #10
iamBoogieman
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Electric cars lets go.
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Old 01-22-2015, 10:28 AM   #11
michael.kickass
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It was about time already.
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