Diversification! Oil prices falling!

[zoom rader]

^^^ Yep i met a few injun folk that signed with a thumb print. Dem injun was toting arces of land with hugh house's. Then I met their offspring most were lawyers, doctors, engineers and the rest in high paying jobs. Dem old injun could not read or write but they understood money well, some spoke 3 languages.

Then I met kwame.....

[zoom rader]

^^

PNM made the OIL INDUSTRY BOOM ..

The oil industry was developed by the PNM.

It's a business cycle .

Dumb Dumb,

Oil has been pumping in Trini for a over a 100 years now, PNM came in 1956 and met a blooming oil industry.

Oil and Sugar was all British

Nope they really developed the industry like no one else,even more recently Manning almost single handedly monetized our gas industry and all it's spin-offs and created revenue streams never seen before ,even set a global standard/model..

Check old T&T political and govt info vids on YouTube and hear the language those men were talking so long ago..they didn't do too bad,we really had it nice,made us a business opportunity paradise all because of policies relating to Petro wealth..

Our local manufactiring industries were facilitated and empowered by such policies and are what's keeping us afloat these days..

You studying he? He and plenty others like to try and revise their history. Indentured servants were elite indians who willingly left India to invest in new lands for prosperity.

When black ppl were graduating from universities all around the world and developing the country and industry his people were still signing for things with their thumb print, working in fields, drinking whole day and going home to beat and molest their wives.

Is black ppl give them opportunity to uplift themselves. What they do? They turn around and encourage hate and division just for economic reasons. Run all the way to Canada to say that black people raping their daughters just to be able to stay in that country.

ZR spends whole day spreading hate and misinformation on a forum. For years too

lol....You should see his posts on facebook

Post link

[shake d livin wake d dead]

Imballs to address thd nation @ 11

[zoom rader]

Imballs to address thd nation @ 11

More taxes?

Policing for profit?

[Cantmis]

Blame kamla, covid 19 and Russia/Saudi in that order .

Imballs to address thd nation @ 11

[The_Honourable]

Press Conference with the Minister of Finance, Colm Imbert, on the current financial situation in Trinidad and Tobago.

[bluefete]

Arrogant Imbert in his full glory.

[16 cycles]

cliffs from MoF's address?

[shake d livin wake d dead]

man say^ doh hutt allyuh head....in a nutshell

[VII]

^^

PNM made the OIL INDUSTRY BOOM ..

The oil industry was developed by the PNM.

It's a business cycle .

Dumb Dumb,

Oil has been pumping in Trini for a over a 100 years now, PNM came in 1956 and met a blooming oil industry.

Oil and Sugar was all British

Nope they really developed the industry like no one else,even more recently Manning almost single handedly monetized our gas industry and all it's spin-offs and created revenue streams never seen before ,even set a global standard/model..

Check old T&T political and govt info vids on YouTube and hear the language those men were talking so long ago..they didn't do too bad,we really had it nice,made us a business opportunity paradise all because of policies relating to Petro wealth..

Our local manufactiring industries were facilitated and empowered by such policies and are what's keeping us afloat these days..

Hoss

I not disputing the Gas industry.

I dealing with the OIL industry, when PNM came into power in 1956 they already met an up and running oil industry.

Listen to imbert above,like it or not they kept this country from going into financial ruin over the last few unstable years in the industry, and seem to have a plan going forward..imagine your salary being cut 50 to 95% at one point or another..

Couldn't see Kamla et al pulling that one off...

[VII]

^^

PNM made the OIL INDUSTRY BOOM ..

The oil industry was developed by the PNM.

It's a business cycle .

Dumb Dumb,

Oil has been pumping in Trini for a over a 100 years now, PNM came in 1956 and met a blooming oil industry.

Oil and Sugar was all British

Nope they really developed the industry like no one else,even more recently Manning almost single handedly monetized our gas industry and all it's spin-offs and created revenue streams never seen before ,even set a global standard/model..

Check old T&T political and govt info vids on YouTube and hear the language those men were talking so long ago..they didn't do too bad,we really had it nice,made us a business opportunity paradise all because of policies relating to Petro wealth..

Our local manufactiring industries were facilitated and empowered by such policies and are what's keeping us afloat these days..

You studying he? He and plenty others like to try and revise their history. Indentured servants were elite indians who willingly left India to invest in new lands for prosperity.

When black ppl were graduating from universities all around the world and developing the country and industry his people were still signing for things with their thumb print, working in fields, drinking whole day and going home to beat and molest their wives.

Is black ppl give them opportunity to uplift themselves. What they do? They turn around and encourage hate and division just for economic reasons. Run all the way to Canada to say that black people raping their daughters just to be able to stay in that country.

ZR spends whole day spreading hate and misinformation on a forum. For years too

Yuh know Zoom does turn chameleon when he ready,or when dey ready for he..lol..maybe he didn't know,he knows now..

[zoom rader]

^^

PNM made the OIL INDUSTRY BOOM ..

The oil industry was developed by the PNM.

It's a business cycle .

Dumb Dumb,

Oil has been pumping in Trini for a over a 100 years now, PNM came in 1956 and met a blooming oil industry.

Oil and Sugar was all British

Nope they really developed the industry like no one else,even more recently Manning almost single handedly monetized our gas industry and all it's spin-offs and created revenue streams never seen before ,even set a global standard/model..

Check old T&T political and govt info vids on YouTube and hear the language those men were talking so long ago..they didn't do too bad,we really had it nice,made us a business opportunity paradise all because of policies relating to Petro wealth..

Our local manufactiring industries were facilitated and empowered by such policies and are what's keeping us afloat these days..

Hoss

I not disputing the Gas industry.

I dealing with the OIL industry, when PNM came into power in 1956 they already met an up and running oil industry.

Listen to imbert above,like it or not they kept this country from going into financial ruin over the last few unstable years in the industry, and seem to have a plan going forward..imagine your salary being cut 50 to 95% at one point or another..

Couldn't see Kamala et al pulling that one off...

PNM does only save de county when they make believe a problem.

[zoom rader]

^^

PNM made the OIL INDUSTRY BOOM ..

The oil industry was developed by the PNM.

It's a business cycle .

Dumb Dumb,

Oil has been pumping in Trini for a over a 100 years now, PNM came in 1956 and met a blooming oil industry.

Oil and Sugar was all British

Nope they really developed the industry like no one else,even more recently Manning almost single handedly monetized our gas industry and all it's spin-offs and created revenue streams never seen before ,even set a global standard/model..

Check old T&T political and govt info vids on YouTube and hear the language those men were talking so long ago..they didn't do too bad,we really had it nice,made us a business opportunity paradise all because of policies relating to Petro wealth..

Our local manufactiring industries were facilitated and empowered by such policies and are what's keeping us afloat these days..

You studying he? He and plenty others like to try and revise their history. Indentured servants were elite indians who willingly left India to invest in new lands for prosperity.

When black ppl were graduating from universities all around the world and developing the country and industry his people were still signing for things with their thumb print, working in fields, drinking whole day and going home to beat and molest their wives.

Is black ppl give them opportunity to uplift themselves. What they do? They turn around and encourage hate and division just for economic reasons. Run all the way to Canada to say that black people raping their daughters just to be able to stay in that country.

ZR spends whole day spreading hate and misinformation on a forum. For years too

Yuh know Zoom does turn chameleon when he ready,or when dey ready for he..lol..maybe he didn't know,he knows now..

I does do my best to promote black awareness bro.

[VII]

We know you very black conscious and always very aware..no one can argue against that Zoom....lol..

I does do my best to promote black awareness bro.

[De Dragon]

^^

PNM made the OIL INDUSTRY BOOM ..

The oil industry was developed by the PNM.

It's a business cycle .

Dumb Dumb,

Oil has been pumping in Trini for a over a 100 years now, PNM came in 1956 and met a blooming oil industry.

Oil and Sugar was all British

Nope they really developed the industry like no one else,even more recently Manning almost single handedly monetized our gas industry and all it's spin-offs and created revenue streams never seen before ,even set a global standard/model..

Check old T&T political and govt info vids on YouTube and hear the language those men were talking so long ago..they didn't do too bad,we really had it nice,made us a business opportunity paradise all because of policies relating to Petro wealth..

Our local manufactiring industries were facilitated and empowered by such policies and are what's keeping us afloat these days..

Hoss

I not disputing the Gas industry.

I dealing with the OIL industry, when PNM came into power in 1956 they already met an up and running oil industry.

Listen to imbert above,like it or not they kept this country from going into financial ruin over the last few unstable years in the industry, and seem to have a plan going forward..imagine your salary being cut 50 to 95% at one point or another..

Couldn't see Kamla et al pulling that one off...

You really feel that cutting the Public Service is PNM altruism and not pure politicking? This PNM GORTT has borrowed us into unsustainable debt so much so that we are borrowing more just to pay off loans Let that sink in for a minute, and then see what light this "saving us from financial ruin" claim is in then. We're already at junk rating status from Moody's, and S&P is sure to follow, yet many people can't comprehend the vicious cycle this has us in. In effect, our need to borrow, added to our poor credit rating will mean loans at terms less and less favourable to us in terms of interest, terms etc.
The most sickening part is that JUHN Scarfy and Co. have admitted they have no clue, continue to saddle us with mountains of debt, but still fooling gullible people with the tried and trusted "IMF bogeyman" trick.

[rspann]

So how you expect NCB Global Finance to make interest? Stuarty brother have to live yunno.

[rspann]

MTS loan interest alone is $150m

[rspann]

A company who borrowing money giving all the loans to govt agencies, but the banks who lending them can't win the bids.

[Numb3r4]

The only thing you can do with stupid people is to make money off their heads.

- A Capitalist/Politician

[RedVEVO]

^^

PNM made the OIL INDUSTRY BOOM ..

The oil industry was developed by the PNM.

It's a business cycle .

Dumb Dumb,

Oil has been pumping in Trini for a over a 100 years now, PNM came in 1956 and met a blooming oil industry.

Oil and Sugar was all British

Nope they really developed the industry like no one else,even more recently Manning almost single handedly monetized our gas industry and all it's spin-offs and created revenue streams never seen before ,even set a global standard/model..

Check old T&T political and govt info vids on YouTube and hear the language those men were talking so long ago..they didn't do too bad,we really had it nice,made us a business opportunity paradise all because of policies relating to Petro wealth..

Our local manufactiring industries were facilitated and empowered by such policies and are what's keeping us afloat these days..

You studying he? He and plenty others like to try and revise their history. Indentured servants were elite indians who willingly left India to invest in new lands for prosperity.

When black ppl were graduating from universities all around the world and developing the country and industry his people were still signing for things with their thumb print, working in fields, drinking whole day and going home to beat and molest their wives.

Is black ppl give them opportunity to uplift themselves. What they do? They turn around and encourage hate and division just for economic reasons. Run all the way to Canada to say that black people raping their daughters just to be able to stay in that country.

ZR spends whole day spreading hate and misinformation on a forum. For years too

Yuh know Zoom does turn chameleon when he ready,or when dey ready for he..lol..maybe he didn't know,he knows now..

Zorro ( Z Horror ) is dangerously "special".. .
He attempts to incorrectly and wrongfully rewrite history ..
He attempts to incorrectly and wrongfully rewrite and redefines cultures ..
Z Horror is extremely extremely dangerous.

Per Edward Bulwer-Lytton

"The pen is mightier than the sword "

Please submit PHOTO so we can put on MILK CARTONS

[linton]

You think that spoiling every discussion with your stupid comments is funny? Are you 10 yo or just plain stupid?

[RedVEVO]

You think that spoiling every discussion with your stupid comments is funny? Are you 10 yo or just plain stupid?

Set up "foe"

I just did it to you

Did it hurt ?

[rspann]

,........

[zoom rader]

Mods locking cheads where Redvevo pass through

[rspann]

Man is a pest. He is the Corona virus of trinituner threads.

[Dizzy28]

Lol!!

Man is a pest. He is the Corona virus of trinituner threads.

[bluefete]

Keep in mind this is Fox Business news!

WTI oil prices fell to US$24.00 per barrel. Imbert must be planning plenty more taxes for we tail. His revised budget was US$40.00.

If this happens, we will be well and truly screwed. IMF in yuh pweffen.

Oil prices could fall below zero: Analyst
Jonathan Garber
Fox BusinessMarch 18, 2020, 11:24 AM GMT-4

Plunging oil prices could be headed a lot lower – possibly below zero, according to one Wall Street analyst.

West Texas Intermediate crude oil, the U.S. benchmark, fell by more than 10 percent Wednesday to near $24 a barrel, a level last seen in April 2002.

“Oil prices can go negative,” wrote Paul Sankey, managing director at Mizuho Securities.

CORONAVIRUS CHOKEHOLD ON US WORSENS OIL INDUSTRY'S PAIN

The COVID-19 pandemic has brought the U.S. and global economy to a standstill by prompting “shelter in place” orders, social distancing between people and the cancellation of non-essential travel. The sharp slowdown in economic activity has curtailed the need for oil.

If that weren't enough, Saudi Arabia recently slashed oil prices and raised output after Russia refused to join OPEC in deepening production cuts.

Oil is a 100 million barrel-per-day market, but Sankey says it’s possible that the economic fallout from the pandemic could zap demand, creating a 20 million barrel-per-day surplus.

He says the “physical reality” of the market is that oil is pumped out of the ground and has to be consumed or stored. When the cost of storage goes high enough -- or space runs out -- companies might pay customers to take it.

For now, President Trump has ordered the Department of Energy to take advantage of low prices by stepping into the market and buying oil for the Strategic Petroleum Reserve.

The reserve can build at 2 million barrels per day, meaning that it has four months until it’s at capacity, Sankey said.

By then, he added, high-cost oil from the Bakken shale formation in the U.S. or bitumen from the Canadian oil sands, "prices negatively because it exceeds needs" and requires storage, Sankey wrote. “Negative prices are simply a higher cost of storage than market.”

Sankey isn’t the only one on Wall Street who is sounding the alarm about the coming flood of oil.

Excess supply from OPEC and Russia, coupled with crumbling demand "are leading to concerns about a surplus that could overwhelm global storage,” wrote Francisco Blanch, a commodity strategist at Bank of America.

He warns the demand destruction caused by COVID-19 and the price war between Saudi Arabia and Russia could cause inventories to swell by 900 million barrels in the second quarter alone. He estimates the world currently has about 1.5 billion barrels of available storage.

Blanch’s worst-case scenario isn’t as dire as Sankey’s.

“In a severe scenario, if the market struggles to find a home for surplus barrels, then oil prices might have to trade down into the teens,” he wrote.

https://www.yahoo.com/finance/news/oil- ... 46634.html

[drchaos]

IMF is probably the best thing that could happen to us ....

When the IMF lend you money the PNM and UNC leeches cah be giving their wives power washing contracts and cah be riding around helicopters all over the place.

They does sober the f&#9 up corrupt politicians.

[Redman]

If oil gas revenue is cut by more than half.
And other revenue from normal day to day activity...is hit by the shut down....I say effectively we will lose 3 months worth by time this is over.

What suggestions do you guys have.....ie if you were Min of Finance today what would you do?

[zoom rader]

If oil gas revenue is cut by more than half.
And other revenue from normal day to day activity...is hit by the shut down....I say effectively we will lose 3 months worth by time this is over.

What suggestions do you guys have.....ie if you were Min of Finance today what would you do?

well if they go with de big D then 1% will win and pump back our money in to trini for their gain at our expense.