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/biz/ - Business & Finance

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50999820 No.50999820 [Reply] [Original]

What does he know?

>> No.50999842

oil is the new bitcoin
10k a barrel eoy

>> No.50999962
File: 215 KB, 1237x776, OXY-earnings.png [View same] [iqdb] [saucenao] [google]
50999962

>>50999820
just checked OXYs most recent earnings report
their free cash flow has basically gone up 3-5x in the past year while debt has gone down

>> No.51000194
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51000194

>>50999820
he's a stupid capitalist boomer
they would rather watch the earth burn and see the bank account go up because of it

>> No.51000210

>>50999820
The dollar is done for

>> No.51000264

>>50999820
the entire world runs on oil. If all the oil dried up tomorrow the entire global economy will collapse and we would go back to the dark ages. It is also the cheapest and most efficient form of energy with the most dynamic uses. (Everything from plastic, lotions, to rubber to asphalt to pill capsules) Warren is quoted as saying that he would keep all the oil in the ground in the united states until the middle east and russia ran out of it, then the US would dominate the world. Oil is literally everything. It is energy, it allows the world to function, entire currencies are based in it.

>> No.51000283
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51000283

>>50999820
He's an OILer