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iamBoogieman

01-21-2015 03:34 AM

while oil price drops.????

US oil tycoons get even richer amid price collapse

Us tycoons becomes richer.

crockett

01-21-2015 10:06 AM

They are making the money from other things than the price of crude.

RummyBoy

01-21-2015 10:10 AM

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

Rochard

01-21-2015 10:46 AM

The rich always get richer. Nothing changes.

CAHEK

01-21-2015 11:42 AM

oil next drop will be 30$

Joshua G

01-21-2015 11:55 AM

Quote:

Originally Posted by Rochard (Post 20365905)

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.

:2 cents:

dyna mo

01-21-2015 11:59 AM

it was a rough year for harold hamm. his ex took him for 10 billion and the saudis got him for another $10b!

Barry-xlovecam

01-21-2015 01:40 PM

Looks like crude oil has found a floor maybe?

http://quotes.ino.com/charting/histo...&w=1&a=50&v=d3

Too much lower would be too destabilizing ...

fappingJack

01-21-2015 08:19 PM

Quote:

Originally Posted by Rochard (Post 20365905)

The rich always get richer. Nothing changes.

and the poor gets poorer. whats new.

iamBoogieman

01-22-2015 12:47 AM

Electric cars lets go.

michael.kickass

01-22-2015 10:28 AM

It was about time already.

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